Press release
Medical Connector Market Analysis, Size, Segments, Share, Growth and Trends by Forecast to 2023
Market Highlights:The advancements in medical technology demand next-gen medical connectors. The medical connectors have huge demand in medical sector as it fulfills the client’s expectation in medical treatments. The technological advancements in the medical industry has boosted the market growth. In electronic industry, these medical connectors are used as these are battery powered portable devices that can improve their convenience. For instance, the computing elements require a high-speed, high-density interconnect to support high-speed data processing, and large images displayed on high-resolution screens are further add to the magnitude of data that needs to be processed.
The global medical connector market is bifurcated into material, connector size and region. The material includes metal, plastic and others. The connector size (mm) includes = 20 mm and others. The region includes North America, Europe, Asia Pacific and rest of the world.
The regional analysis of Medical Connector Market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America is one of the leading region across the world in terms of largest market share in medical connectors market owing to the company’s investments in the medical applications which can be used in dental tools, electro surgery tools, catheters, sensors, respirators, ECG devices, defibrillators and others. The medical connector market in Europe region is expected to witness rapid growth in the forthcoming period. Whereas, Asia-Pacific countries like China, Japan and India is an emerging market for medical connectors market and expected to be the highest CAGR in the coming years.
The global medical connector market is expected to grow at USD ~2 Billion by 2023, at ~8% of CAGR between 2017 and 2023.
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Major Key Players:
• ITT Corporation (U.S.)
• Smiths Interconnect (U.K.)
• TE Connectivity Ltd. (Switzerland)
• Amphenol Corporation (U.S.)
• Delphi Automotive LLP. (U.K.)
• Esterline Corporation (U.S.)
• Fisher Connectors (Switzerland)
• Molex (U.S.)
• Samtec (U.S.)
• Lemo S.A. (Switzerland)
Regional Analysis:
The regional analysis of medical connector market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America is one of the leading region across the world in terms of largest market share in medical connectors market owing to the company’s investments in the medical applications which can be used in dental tools, electro surgery tools, catheters, sensors, respirators, ECG devices, defibrillators and others.
The Medical Connector Market in Europe region is expected to witness rapid growth in the forthcoming period. Whereas, Asia-Pacific countries like China, Japan and India is an emerging market for medical connectors market and expected to be the highest CAGR in the coming years.
Global Medical Connector Market Segmentation:
The global medical connector market is bifurcated into material, connector size and region. The material includes metal, plastic and others.
The connector size (mm) includes = 20 mm and others. The region includes North America, Europe, Asia Pacific and rest of the world.
Market Research Analysis:
On geographic basis, global medical connector market is studied in different regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with largest market share growth in the medical connector market due to the major companies are investing to supply the advanced medical connectors in the market. In this market, Europe is to be estimated to be the second largest market share for medical connector during the forecast period.
The APAC region are very large, underserved markets will assure continued growth in medical equipment for years to come.
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Intended Audience
• Hospitals and clinics
• Research institutes
• Product sales and distribution companies
• Original equipment manufacturers
• Original design manufacturers
• Research and development companies
• Market research and consulting firms
• Technology standards organizations
• Technology investors
• System Integrators
Table of Contents
1 Market Introduction
1.1 Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure:
1.3.1 Global Medical Connector Market: By Material
1.3.2 Global Medical Connector Market: By Connector Size
1.3.3 Global Medical Connector Market: By Region
2 Research Methodology
2.1 Research
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
Continued…
List of Tables
Table 1 Medical Connector Market, By Material
Table 2 Medical Connector Market, By Connector Size
Table 3 Medical Connector Market, By Regions
Continued…
List of Figures
Figure 1 Research Methodology
Figure 2 Medical Connector Market: By Material (%)
Figure 3 Medical Connector Market: By Connector Size (%)
Continued…
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