Press release
Medical Connector Market | Industry Historic Market, Key Players, Analysis and Forecast 2017 to 2023
Market HighlightsThe study reveals that medical connector is trending in North America region. The medical connector demand is growing very rapidly as it is used to transfer power, signal, data and other. The medical connectors are ideal for medical electronic equipment. The growth of the medical devices market is also one of the major factors influencing the growth of this product segment. It helps to the medical device manufacturers to reduce risk and to build right interconnect solutions. It offers a complete end-to-end solution that meets the requirements of the medical industry. The auto-locking medical connectors are gaining demand as it is best suited with medical electronic equipment. These medical connectors are used for electro surgery, imaging, therapy, patient monitoring, dental tools and others. The companies are investing in this market as it is widely used in medical imaging device to accurately diagnose and provide treatment.
In North America region, the hybrid medical connector demand is increasing as it helps to transfer liquid and air media, as well as electrical signals all in one device. The electrical medical connector is growing with the increasing demand of cost effective surgical treatment. These connector offers lighter weight, high density, low contact resistance, shielded connectors, high power, EMI protection, RF, long cycle life, vibration immunity, and exceptional design flexibility. It is used in MRI, EKG, heart-lung machines, ultrasound, defibrillators, diagnostic therapy systems and others.
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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),
Global Medical Connector Market is expected to grow at USD ~2 Billion by 2023, at ~8% of CAGR between 2017 and 2023.
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
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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