Medical Connectors Market Towering At A Great Speed To Reach USD 2878.5 Million by 2022

11-Oct-2018 | Zion Market Research

Major global market players in the medical connectors market comprise Amphenol Corporation, TE Connectivity Ltd., Esterline Corporation, Delphi Automotive LLP., Smith Interconnect, ITT Corporation, Molex Incorporated, Fischer Connectors, Samtec, and Lemo S.A. These players are set to drive the growth of the global medical connectors market.

According to the report by Zion Market Research, the global medical connectors market added up for USD 1901.3 Million in 2016 and is likely to cross USD 2878.5 Million by 2022, developing at a CAGR of almost 7.2% from 2017 to 2022.

Browse the full " Medical Connectors Market by Type (Flat Surgical Silicone Cables, Embedded Electronics Connectors, Radio-Frequency Connectors, Disposable Plastic Connectors, Hybrid Circular Connectors and Receptacle System, Power Cords With Retention System, Lighted Hospital-Grade Cords, Magnetic Medical Connectors and Push-Pull Connectors), by Applications (Monitoring Devices, Therapeutic Devices and Diagnostic Devices) and by End User Type (Hospitals and Clinics, Ambulatory Surgical Centers and Diagnostic Centers), 2014 – 2022" report at https://www.zionmarketresearch.com/market-analysis/medical-connectors-market

Rising Percentage Of Advanced Healthcare Facilities And Hospitals To Power Global Medical Connectors Market

The global medical connectors market was likely to see the consistent development in the years to come due to rising percentage of advanced healthcare facilities and hospitals all over the world. In addition to this, rising medical technology enhancements is also likely to drive the medical connectors market. On the other hand, innovative wireless tech is expected to act as a hindering factor for the development of medical connectors market in the near future. Nevertheless, advancing medical technology and rising employment of the medical connectors might assist to bring growth avenue for medical connectors market within the forecast period. For example, in September 2018, Fischer Connectors (for its medical-grade connectors) used chrome-plated brass housings since the material withstands repeated sterilization, boosting the medical connectors market.

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Push-Pull Connectors To Rule The Global Medical Connectors Market In The Near Future

On the basis of type, the global medical connectors market is divided into 7 types such as embedded electronics connectors, flat surgical silicone cables, disposable plastic connectors, radio-frequency connectors, power cords with retention system, hybrid circular connectors and receptacle system, magnetic medical connectors and push-pull connectors, lighted hospital-grade cords. In terms of income, push-pull connectors ruled the global medical connectors market in 2016. Hybrid circular connectors and receptacle system grabbed the 2nd biggest share in 2016 of the medical connectors market.

Diagnostic Devices Segment Likely To Rule The Medical Connectors Market In The Near Future

On the basis of application, the global medical connectors markets are bifurcated into 3 types of devices such as therapeutic devices, diagnostic devices, and monitoring devices. Diagnostic devices segment dragged a huge share of the global medical connectors market in 2016 and is likely to rule the medical connectors market in the near future.

North America To Continue Its Dominance In The Medical Connectors Market In The Forecast Period

Based on regions, the medical connectors market is classified into 5 types such as Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. These areas are further divided into the U.K., the U.S., France, Germany, Japan, China, Brazil, and India. In terms of income, North America ruled the global medical connectors market in 2016, chased by Europe.

The global medical connectors market is segmented as follows:

By Connector 

  • Flat Surgical Silicone Cables
  • Embedded Electronics Connectors
  • Radio-Frequency Connectors
  • Disposable Plastic Connectors
  • Hybrid Circular Connectors And Receptacle System
  • Power Cords With Retention System
  • Lighted Hospital-Grade Cords
  • Magnetic Medical Connectors
  • Push-Pull Connectors

By Application 

  • Monitoring devices
  • Therapeutic Devices
  • Diagnostic Devices

By End-User

  • Hospital & Clinics
  • Ambulatory Surgical Centers
  • Diagnostic Centers

By Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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