PUNE, India, May 10, 2017 /PRNewswire/ --
Medical Connectors Market grows from $1.63 billion
Browse 65 tables and 42 figures, 10 Company profiles spread across 132 pages available at
The medical connectors market is projected to reach USD 2.69 billion by 2021 from USD 1.63 billion in 2016, at a CAGR of 10.5%. The major factors contributing to the growth of the global market include the increasing incidence and prevalence of chronic disorders, rapid growth in the aging population, which in turn leads to the increasing demand for medical devices and high healthcare expenditure. However, the growing demand for wireless devices and stringent regulatory standards for medical connectors are the major restraints for the market.
Based on application, the market is segmented into patient monitoring devices, electrosurgical instruments, cardiology devices, diagnostic imaging devices, endoscopy devices, respiratory devices, analyzers and processing instruments, dental instruments, neurology devices, enteral devices, and other applications. In 2016, the patient monitoring devices segment accounted for the largest share of the global market. The large share of this application segment is attributed to increasing incidence of chronic diseases and increasing adoption of patient monitoring devices.
On the basis of end user, the market is segmented into hospitals& clinics, diagnostic laboratories &imaging centers, ambulatory surgical centers, and other end users. The hospitals &clinics end user segment accounted for the largest share of the market during the forecast period owing to the growing incidence of chronic disorders and increasing demand for electrosurgical therapy.
Geographically, North America dominates the market. Growth in the North American segment is primarily driven by the rapid growth in the aging population, availability of reimbursement for several surgeries, and increasing incidence of major disorders. In addition, the high growth potential in the Asian region provides opportunities for players in the market.
Order a copy of Medical Connectors Market by Product (Flat Silicone, Hybrid, Embedded, Radio Frequency, and Push-Pull), Application (Patient Monitoring, Electrosurgery, Endoscopy, Diagnostic Imaging, Respiratory, Dental Device) & by End User - Global Forecast to 2021 Research Report at
The major players in the market are Amphenol Corporation (U.S.), Delphi Automotive LLP. (U.K.), Esterline Corporation (U.S.), ITT Corporation (U.S.), Smiths Interconnect (U.K.), TE Connectivity Ltd. (Switzerland), Fisher Connectors (Switzerland), Lemo S.A. (Switzerland), Molex (U.S.), and Samtec (U.S.).
Patient Monitoring Device/Equipment/System Market by Product (Blood Glucose, EEG, ECG, Capnography, Spirometer, Sleep Apnea, Pulse Oximeter, Fetal Doppler, Ultiparameter, Remote, Weight, Temperature), End-User (Hospitals, Home) - Global Forecast to 2020 .
Healthcare Asset Management Market by Product (RFID (Active, Passive), RTLS, Infrared, Ultrasound Tags), Application (Hospitals (Equipment, Staff Management, Patient Monitoring), Pharmaceuticals (Drug Counterfeiting, Supply Chain)) - Global Forecast to 2020 .
Medical Radiation Detection, Monitoring & Safety Market by Detection Type (Gas-Filled Detectors, Geiger Muller, Survey Meter, Solid-State), Products (Personal Dosimeters, OSL, Badges), Safety (Apron, Shields, Face Mask, Gloves), End User - Forecast to 2021 .
Explore more reports on Medical Devices market at
ReportsnReports.com is an online market research reports library of 500,000+ in-depth studies of over 5000 micro markets. Not limited to any one industry, ReportsnReports.com offers research studies on agriculture, energy and power, chemicals, environment, medical devices, healthcare, food and beverages, water, advanced materials and much more.
Contact: Ritesh Tiwari 2nd Floor, Metropole Building, Next to Inox Theatre, Bund Garden Road, Pune - 411001. Maharashtra, India. +1-888-391-5441 [email protected]
Connect with Us: LinkedIn: http://www.linkedin.com/company/reportsnreports RSS/Feeds: http://www.reportsnreports.com/feed/l-latestreports.xml
Subscribe to our Free Newsletters!
Sarcoma, is a cancer that may arise from several soft-tissues or bone. Treatment in early stages is ...
A wonder drug, soda bicarb or baking soda can be used for skin, teeth, hair, kidneys and much more ...
Melasma, also called as chloasma, is a skin hyperpigmentation problem characterized by brown spots ...View All