Home > Industry Report > Medical Cable and Connectors Market

Introduction:

Medical connectors are the part of gadgets that interface with other clinical gadgets, for example, needles, tubing, and catheters. Each clinical gadget that has its own connections can likewise be utilized on a solitary patient with a few kinds of clinical gadgets simultaneously. Clinical offices, patients may utilize such gadgets over their whole lives for long haul care.

All through minor and significant strategies, tolerant observing gadgets are being utilized to screen the clinical manifestations and related confusions of a patient. Likewise, these gadgets can be utilized to follow the patients ' physiological boundaries distantly with the advances in remote innovation. Rising occurrence and predominance of constant illnesses is required to drive the market development for understanding observing gadgets as such instruments are a pivotal piece of different medical services offices, as they are relied upon to assist doctors with evaluating an infection's seriousness.

The global Medical Cable & Connector market size was estimated to be at USD XX million in 2019, and is expected to grow at a CAGR of XX% during forecast period to reach USD XX million in 2027.

Market Dynamics:

Due to increasing complexity of diseases the players in the medical devices industry are developing various new devices to treat these diseases. According to International Trade Organization (ITO), Department of Commerce, the U.S. remains the largest medical device market in the world with a market size of around $140 billion, and the country represented about 40% of the global medical device market, in 2015. The medical cables & connectors market is further expected to grow due to growing lifestyle diseases, aging populations in major markets, new and significant emerging markets and rising global income levels in developing countries.

Global Medical Cable and Connectors Market

Source: Precise Market Intelligence, 2020

Segmentation:

The market has been segmented based on application, type, function, end user and region.

  • By Application
    • Patient Monitoring
    • Ultrasound
    • Endoscopy
    • Diagnostic Imaging
    • Respiratory
    • Electrosurgical
    • Cardiology
    • Neurology
    • Enteral Device
    • Others
       
  • By Type
    • USB
    • HDMI
    • VGA
    • DVI
    • CAT5/CAT6
    • Circular Connectors
    • PCB Connectors
    • Others
       
  • By Function
    • Medical Cables
    • Multimedia Cables
      • 4K
      • 8K
      • HDR
    • High Speed Cables
       
  • By End user
    • Hospital & Clinics
    • Laboratories & Imaging Centers
    • Private and Public Companies
    • Others
       
  • By Region
    • North America (U.S., Canada)
    • Europe (U.K., France, Germany, Italy, Spain, and rest of Europe)
    • Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
    • South America (Brazil, Mexico, and Rest of South America)
    • Middle East & Africa (Saudi Arabia, UAE, South Africa, and Rest of Middle East & Africa)

Medical Cable and Connector Market, By Region, 2019

Source: Precise Market Intelligence, 2020

Competition Landscape:

The global Medical Cable & Connector market is consolidated with few companies dominating the market. The dominance is due to their ability to manufacture the complex products and their geographical reach. The prominent companies in the market are; Amphenol Corporation, Molex, LLC, TE Connectivity, Esterline Corporation, Jabil, Inc., Avnet, Inc., SINBON Electronics Co., Ltd., Volex, Hitachi Ltd., NAI Group, LLC, Smiths Interconnect and Fischer Connectors SA.

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