Views: 15 Author: Laura Wood Publish Time: 2018-10-04 Origin: ResearchAndMarkets.com
The report predicts the global medical connectors market to grow with a CAGR of 8.4% over the forecast period of 2018-2024.
The market is showing a positive trend of development around the globe. There are many factors which are indicating a positive outlook of market for medium and long term.
Factors such as increasing incidence of chronic diseases, rapid growth in the medical devices market, and highly developed healthcare infrastructure, which results in increased adoption of miniaturized connectors and growing healthcare expenditure across the globe are driving the market globally.
North America is the leading player in this market, globally, due to advancement in medical technology, increasing number of portable devices to cater to the need of home health care facilities etc.
Asia-pacific will be the fastest growing market during the forecast period. The growth of the market in this region is attributed to high patient population, growing healthcare infrastructure, and increased focus of international players on the emerging nations.
Notable Market Developments
B. Braun launched Neuraxial Products with NRFit Connectors at the American Society of Anesthesiologists Meeting
ITT Cannon introduced New Push Pull PL Series Connectors for Medical & Industrial Applications
LEMO launched a lightweight REDEL plastic Push-Pull connector series
Delphi Automotive LLP
ITT Interconnect Solutions (a Subsidiary of ITT Corporation)
Smiths Interconnect (a Division of Smiths Group)
TE Connectivity Ltd.
Molex (a Subsidiary of Koch Industries)
Esterline Technologies Corporation
B. Braun Melsungen
Key Topics Covered
2. Executive Summary
3. Global Medical Connectors Market Overview
4. Medical Connectors Market Macro Indicator Analysis
5. Global Medical Connectors Market by Product
6. Global Medical Connectors Market by Application
7. Global Medical Connectors Market by End-user
8. Global Medical Connectors Market by Region 2018-2024
9. Company Profiles and Competitive Landscape