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Medical Connectors Global Market Report 2013-2018 Forecast to 2023 - New Sales Markets in Emerging Economies

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Research and Markets

Mar 16, 2018, 05:00 ET

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DUBLIN, March 16, 2018 /PRNewswire/ --

The "Medical Connectors Market by Product, by Application, by End User, by Geography - Global Market Size, Share, Development, Growth and Demand Forecast, 2013-2023" report has been added to ResearchAndMarkets.com's offering.

The growth in the market is boosted by the rising demand for miniaturized connectors, progress in the medical devices industry, increasing geriatric population and surgeries and increasing prevalence of chronic diseases.

Based on product, the medical connectors market has been categorized into board to board, I/O rectangular, push-pull, radio-frequency, disposable plastic, hybrid circular connectors and receptacle systems, power/high voltage and other connectors. Board to board connectors occupied the largest share in the medical connectors industry throughout the analysis period as they conform to rigorous safety standards, including prevention of inadvertent plug disengagement and increased shock rating and further generated revenue of $725.8 million in 2016.

These connectors are used in various medical applications such as diagnostic imaging, patient monitoring, cardiology, electrosurgical, dental and other applications. Medical connectors are mostly utilized in diagnostic imaging devices globally since these are used for diagnosing various diseases and are basically the first step before providing any treatment to the patient. Medical connectors used in diagnostic imaging devices generated revenue a $527.8 million in 2016.

Medical connectors are mainly used in hospitals, diagnostic laboratories and imaging centers, ambulatory surgery centers & clinics and in several other set ups. Globally, hospitals were the largest end users of medical connectors market, contributing 38.3% share to the market in 2016. This leading position of hospitals among the various end user is due to the availability of various electronic equipment and devices in hospitals.

North America contributed the maximum revenue to the medical connectors industry during the analysis period, mainly due to the rising R&D infrastructure, increasing geriatric population, high healthcare expenditure and increasing prevalence of chronic diseases in this region. In 2015, the total investment in research and development (Medical and Health) was around $158.7 billion in the U.S. According to the data provided by the World Bank, around 30,537 surgeries were performed per 100,000 population in the U.S., in 2012, which states that the requirement for surgical devices increased, which further boosts the medical connectors market.

Globally, the key providers in the medical connectors market are launching new products to gain a larger market share. For instance, in August 2017, TE Connectivity Ltd. (TE), announced its cabled STRADA Whisper product line. This cabled STRADA Whisper connectors eliminate the need for printed circuit board (PCB) backplanes to achieve improved performance and flexibility as data speeds increase. In February 2017, ITT Technologies Corporation's Cannon brand introduced its ARINC 801 Fiber Optic Connector Series which has a high-bandwidth interconnect solution that provides maximum performance and reliability for commercial and military aviation, and shipboard systems.

Some of the other key players operating in the medical connectors industry include Amphenol Corporation, Delphi Automotive PLC, Smiths Group plc, ITT Interconnect Solutions (ITT Corporation), Fischer Connectors SA, LEMO SA, Samtec, Inc., Molex, LLC, and Esterline Technologies Corporation.

Market Dynamics

Trends

  • Rising Adoption of Hybrid Connectors
  • Drivers Growth in the Medical Devices Industry
  • Rising Demand for Miniaturized Connectors
  • Increase in Aging Population and Surgeries
  • Rise in the Prevalence of Chronic Diseases
  • Impact Analysis of Drivers on Market Forecast

Restraints

  • Growing Demand of Wireless Connectivity
  • Stringent Regulatory Guidelines for Medical Connectors
  • Impact Analysis of Restraints on Market Forecast

Opportunities

  • New Sales Markets in Emerging Economies

Key Topics Covered

Chapter 1. Research Background
1.1. Research Objectives
1.2. Market Definition
1.3. Research Scope
1.3.1. Market Segmentation by Product
1.3.2. Market Segmentation by Application
1.3.3. Market Segmentation by End User
1.3.4. Market Segmentation by Geography
1.3.5. Analysis Period
1.3.6. Market Data Reporting Unit
1.3.6.1. Value
1.4. Key Stakeholders

Chapter 2. Research Methodology
2.1. Secondary Research
2.2. Primary Research
2.2.1. Breakdown of Primary Research Respondents
2.2.1.1. By region
2.2.1.2. By industry participant
2.2.1.3. By company type
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Assumptions for the Study

Chapter 3. Executive Summary

Chapter 4. Introduction
4.1. Definition of Market Segments
4.1.1. By Product
4.1.1.1. Board to board
4.1.1.2. I/O rectangular
4.1.1.3. Push-pull
4.1.1.4. Radio-frequency
4.1.1.5. Disposable plastic
4.1.1.6. Hybrid circular connector and receptacle systems
4.1.1.7. Power/high voltage
4.1.1.8. Others
4.1.2. By Application
4.1.2.1. Diagnostic imaging
4.1.2.2. Patient monitoring
4.1.2.3. Cardiology
4.1.2.4. Electrosurgical
4.1.2.5. Dental
4.1.2.6. Others
4.1.3. By End User
4.1.3.1. Hospitals
4.1.3.2. Diagnostic laboratories & imaging centers
4.1.3.3. Ambulatory surgical centers and clinics
4.1.3.4. Others
4.2. Market Dynamics
4.2.1. Trends
4.2.2. Drivers
4.2.3. Restraints
4.2.4. Opportunities
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of Buyers
4.3.2. Bargaining Power of Suppliers
4.3.3. Intensity of Rivalry
4.3.4. Threat of New Entrants
4.3.5. Threat of Substitutes

Chapter 5. Global Market Size and Forecast
5.1. By Product
5.2. By Application
5.3. By End User
5.4. By Region

Chapter 6. North America Market Size and Forecast
6.1. By Product
6.2. By Application
6.3. By End User
6.4. By Country

Chapter 7. Europe Market Size and Forecast
7.1. By Product
7.2. By Application
7.3. By End User
7.4. By Country

Chapter 8. Asia-Pacific Market Size and Forecast
8.1. By Product
8.2. By Application
8.3. By End User
8.4. By Country

Chapter 9. Rest of the World (RoW) Market Size and Forecast
9.1. By Product
9.2. By Application
9.3. By End User
9.4. By Country

Chapter 10. Competitive Landscape
10.1. Market Share Analysis of Key Players
10.2. Competitive Analysis of Key Players
10.3. Global Strategic Developments of Key Players
10.3.1. Merger and Acquisition
10.3.2. Partnership
10.3.3. Product Launch
10.3.4. Others

Chapter 11. Company Profiles
11.1. Amphenol Corporation
11.1.1. Business Overview
11.1.2. Product and Service Offerings
11.1.3. Key Financial Summary
11.1.4. Strategic Growth Plans
11.2. Delphi Automotive PLC
11.2.1. Business Overview
11.2.2. Product and Service Offerings
11.2.3. Key Financial Summary
11.2.4. Strategic Growth Plans
11.3. Smiths Group plc
11.3.1. Business Overview
11.3.2. Product and Service Offerings
11.3.3. Key Financial Summary
11.3.4. Strategic Growth Plans
11.4. ITT Interconnect Solutions (ITT Corporation)
11.4.1. Business Overview
11.4.2. Product and Service Offerings
11.4.3. Key Financial Summary
11.4.4. Strategic Growth Plans
11.5. TE Connectivity Ltd.
11.5.1. Business Overview
11.5.2. Product and Service Offerings
11.5.3. Key Financial Summary
11.5.4. Strategic Growth Plans
11.6. Fischer Connectors SA
11.6.1. Business Overview
11.6.2. Product and Service Offerings
11.6.3. Strategic Growth Plans
11.7. LEMO SA
11.7.1. Business Overview
11.7.2. Product and Service Offerings
11.7.3. Strategic Growth Plans
11.8. Samtec, Inc.
11.8.1. Business Overview
11.8.2. Product and Service Offerings
11.8.3. Strategic Growth Plans
11.9. Molex, LLC
11.9.1. Business Overview
11.9.2. Product and Service Offerings
11.9.3. Strategic Growth Plans
11.10. Esterline Technologies Corporation
11.10.1. Business Overview
11.10.2. Product and Service Offerings
11.10.3. Key Financial Summary
11.10.4. Strategic Growth Plans

For more information about this report visit https://www.researchandmarkets.com/research/ljk5ht/medical?w=5

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

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SOURCE Research and Markets

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