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Global Medical Connectors Market is Booming Market Growing by 2026 with Top Key Players Amphenol Cor
Posted: Aug 22, 2019
Market Definition: Global Medical Connectors Market
Medical connectors are the part of devices that attach syringes, tubing and catheters to other medical devices. Each medical device with their own connections, several types of medical devices can be used at a same time on a single patient. Hospitals, Patients may use these devices for long-term care throughout their lives.
Market Analysis: Global Medical Connectors Market
Global medical connectors market is registering a healthy CAGR of 10.8% in the forecast period of 2019-2026. This rise in the market can be attributed to the rising prevalence of chronic diseases and medical devices and home healthcare market growth. Advancement in the medical devices is driving this market.
Key Market Competitors:
Few of the major market competitors currently working in the global medical connectors market are Amphenol Corporation, Delphi Technologies, ITT Inc., Mouser Electronics, Inc., Smiths Interconnect, TE Connectivity., Fischer Connectors SA, Molex, LLC, Esterline Technologies Corporation, LEMO S.A., Samtec, B. Braun Melsungen AG, Foxconn Electronics Inc, Stäubli Electrical Connectors AG, ODU GmbH & Co. KG, Axon' Cable, Bel Fuse Inc., PalPilot International Corp
Market Drivers
- Rising prevalence of chronic disease is driving this market
- Advancement in technology and development of medical connectors will drive the market growth
- Rise in demand in developing countries tend to drive the market growth
- Awareness related to health care among people is also contributing to the market growth
Market Restraints
- Strict regulations standard and mandates is hampering the growth of the market
- Increasing demand for wireless connectivity is restraining the growth of the market
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Segmentation: Global Medical Connectors Market
- Global Medical Connectors Market By Product (Flat Silicone Surgical Cables, Embedded Electronics Connectors, Radio-Frequency Connectors, Disposable Plastic Connectors, Hybrid Circular Connectors And Receptacle Systems, Power Cords With Retention System, Lighted Hospital-Grade Cords, Magnetic Medical Connectors, Push-Pull Connectors)
- Application (Patient Monitoring Devices, Diagnostic Imaging Devices, Electrosurgical Devices, Cardiology Devices, Endoscopy Devices, Respiratory Devices, Analyzers and Processing Instruments, Dental Instruments, Neurology Devices, Enteral Devices, Other Applications)
- End-Users (Hospital & Clinics, Diagnostic Laboratories And Imaging Centers, Ambulatory Surgical Centers, Other End Users)
- Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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