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Pramod Kumar has 8 Published Articles

Uttar Pradesh,
Block-13, Sector 2, Noida, Uttar Pradesh - 201301 India,

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Medical Bionics Market Opportunity Assessment Study

Posté le: Jan-08-2020 | vue (176) fois | Word Count article: 453 |

The medical connectors market size is projected to reach $2.8 billion by 2023, growing at a CAGR of 6.3% during 2017-2023.
The increasing demand for miniaturized connectors, expanding medical devices industry, surging aging population, and rising prevalence of chronic diseases are some of the major reasons behind for the prosperity of the medical connectors market. In 2016, the market attained a size of $1.9 billion, and it is projected to generate a revenue of $2.8 billion by 2023, progressing at a CAGR of 6.3% during the forecast period (2017–2023). Medical connectors are used to latch or un-latch the tubing in medical devices and connect such devices and systems for transferring signals, data, media or power.

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When segmented by application, the medical connectors market is mainly classified into diagnostic imaging, patient monitoring, electrosurgical, dental, and cardiology. Among these, in 2016, the diagnostic imaging classification led the market with the largest revenue contribution of $527.8 million, and it is expected to maintain its lead during the 2017–2023 period. Diagnostic imaging devices are widely used for diagnosing various diseases before providing treatment to the patient. Diagnostic imaging is a method of creating visual representations of the internal body structures for clinical analysis and medical intervention.

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Further, the geriatric population is more prone to various diseases, which, at a later stage, might need surgeries, thereby resulting in the increasing use of medical devices. As per the United Nations Department of Economic and Social Affairs report on the worldwide aging population, the number of people aged 60 years or above is rising at an exponential rate. The number of individuals aged 60 years or above is expected to surge by 56.0%, across the globe, from 901.0 million in 2015 to 1.4 billion by 2030, and is predicted to further increase by more than double to 2.1 billion by 2050.

Thus, the increasing adoption of miniaturized connectors and the growing aging population are expected to boost the market advance during the forecast period.

By Product
• Board to Board
• I/O Rectangular
• Push-Pull
• Radio-Frequency
• Disposable Plastic
• Hybrid Circular Connectors and Receptacle Systems
• Power/High Voltage

• Others
 Magnetic Medical Connectors
 Light Weighted Hospital Grade Connectors
 Power Cord with Retention Systems
By Application
• Patient Monitoring Devices
• Electrosurgical Devices
• Diagnostic Imaging Devices
• Cardiology Devices
• Dental Devices

• Others
 Analyzers and Processing Equipment
 Respiratory Devices
 Endoscopy Devices
 Neurology Devices
 Enteral Devices

By End User
• Hospitals
• Diagnostic Laboratories & Imaging Centers
• Ambulatory Surgical Centers & Clinics
• Others
 Academic Institutions
 Research Laboratories

By Region
• North America
 U.S.
 Canada

• Europe
 Germany
 France
 U.K.
 Italy
 Spain
 Rest of the Europe

• Asia-Pacific
 China
 Japan
 India
 Rest of the Asia-Pacific

• Rest of the World (RoW)
 Brazil
 Rest of RoW

Source de l'article : Bionics Market Opportunity Assessment Study_989.aspx

auteur ressource :
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

Mots-clés : Medical Connectors Market, Medical Connectors Market Size, Medical Connectors Market Share,

Catégorie : D'affaires : Accueil Business

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