DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Medical Connectors Market - Global Forecast to 2021" report to their offering.
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.
- Amphenol Corporation
- Delphi Automotive LLP
- Esterline Technologies Corporation
- Fischer Connectors
- ITT Interconnect Solutions (A Subsidiary of ITT Corporation)
- LEMO S.A
- Molex (A Subsidiary of Koch Industries)
- Smiths Interconnect (A Division of Smiths Group)
TE Connectivity Ltd.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Medical Connectors Market, By Product
7 Medical Connectors Market, By Application
8 Medical Connectors Market, By End User
9 Medical Connectors Market, By Region
10 Competitive Landscape
11 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/zdmhxd/medical