Market Overview:
The global cable assemblies for medical market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing demand for minimally invasive surgeries and rising number of hospitals and clinics across the globe. Based on type, coaxial cable assemblies are expected to hold the largest share in the global cable assemblies for medical market during the forecast period. This can be attributed to their high bandwidth capacity and low signal loss as compared to other types of cables. Based on application, hospitals are expected to hold the largest share in this market during the forecast period owing to increasing demand for minimally invasive surgeries across different regions.
Product Definition:
A cable assembly is a collection of electrical cables and connectors that are designed to work together. They are often used in medical applications, where they can be used to connect devices such as pacemakers or defibrillators to the patient's body. Cable assemblies can also be used in other medical applications, such as diagnostics or monitoring.
Coaxial Cable Assemblies:
Coaxial cable assemblies, it's usage and growth factor in the Cable Assemblies for Medical market is a self-contained medical device that consists of coaxial cable that has been used to connect two devices wirelessly. Coaxial cables are widely accepted in almost all medical applications such as cardiology, oncology, neurology and others.
Ribbon Coax Cable Assemblies:
Ribbon coax cable assemblies are used in medical applications to provide high bandwidth and low latency communication. They are widely used for interventional cardiac electrophysiology procedures, neurostimulation, and deep brain stimulation. The growing demand for technologically advanced products in the healthcare sector is expected to drive market growth over the forecast period.
Application Insights:
The others application segment dominated the global cable assemblies for medical market in 2017, accounting for a share of over 40.0% owing to its wide applications in various industries such as data centers, telecom and IT, consumer electronics and appliances among others. The increasing demand for high-speed internet facilities coupled with the growing need to establish optic networks is expected to drive the growth of this segment during the forecast period.
Hospitals were one of the largest revenue generating segments due to their rising number across different regions coupled with an increase in healthcare spending globally. This factor has resulted in creating numerous opportunities especially during recent years when there was an increase or expansion of hospitals at a domestic level or regional level which has further driven growth at international level as well resulting into becoming one of largest revenue generating segments globally till now.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key players, availability of low-cost labor, high demand for advanced healthcare solutions and rising investments in R&D are some factors contributing to regional growth. China led the Asia Pacific region owing to increasing demand from end-users such as hospitals, clinics, and other healthcare facilities.
North America is anticipated to grow at a significant rate during the forecast period due to growing geriatric population coupled with technological advancements such as miniaturization & automation of assembly devices used for cable connections between medical devices. Moreover, an increase in government funding towards research & development activities pertaining cables is also likely contribute towards regional growth over the coming years. For instance; In March 2016; AHA received USD X million donation from Cable Matters Inc., which was used for cardiovascular disease prevention through healthy living programs across colleges and universities throughout U S .
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 7.8% from 2016 to 2021. This growth can be attributed to the increasing number of geriatric population, rising prevalence of chronic diseases, and technological advancements in surgical procedures.
- Growing demand for disposable medical devices: The global disposable medical devices market is projected to grow at a CAGR of 6% from 2016 to 2021. This growth can be attributed to the growing awareness about hygiene and safety among healthcare professionals and patients, increasing incidence of hospital-acquired infections (HAIs), and technological advancements in medical devices industry.
- Rising demand for home healthcare services: The global home healthcare services market is projected to grow at a CAGR of 9% from 2016to 2021 owingto the increasing aging population, rising prevalenceof chronic diseases,and growing preferenceforhomecare overhospitalization .
Scope Of The Report
Report Attributes
Report Details
Report Title
Cable Assemblies for Medical Market Research Report
By Type
Coaxial Cable Assemblies, Ribbon Coax Cable Assemblies, Flat Cable Assemblies, Multi-conductor Cable Assemblies, Twisted Pair and Multiple Lead Assemblies, Others
By Application
Hospitals, Clinics, Healthcare Facilities, Others
By Companies
Minnesota Wire, ITT Corporation, Smiths Interconnect, TE Connectivity, Amphenol Corporation, Delphi Automotive, Esterline Corporation, Fisher Connectors, Molex, Samtec, Lemo, Axon' Cable, DC Electronics, Amphenol Alden, Rego Electronics, Johnson Electric, Tensolite LLC, National Wire & Cable Corporation, Cicoil Corporation, TRU Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Cable Assemblies for Medical Market Report Segments:
The global Cable Assemblies for Medical market is segmented on the basis of:
Types
Coaxial Cable Assemblies, Ribbon Coax Cable Assemblies, Flat Cable Assemblies, Multi-conductor Cable Assemblies, Twisted Pair and Multiple Lead Assemblies, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Healthcare Facilities, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Minnesota Wire
- ITT Corporation
- Smiths Interconnect
- TE Connectivity
- Amphenol Corporation
- Delphi Automotive
- Esterline Corporation
- Fisher Connectors
- Molex
- Samtec
- Lemo
- Axon' Cable
- DC Electronics
- Amphenol Alden
- Rego Electronics
- Johnson Electric
- Tensolite LLC
- National Wire & Cable Corporation
- Cicoil Corporation
- TRU Corporation
Highlights of The Cable Assemblies for Medical Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Coaxial Cable Assemblies
- Ribbon Coax Cable Assemblies
- Flat Cable Assemblies
- Multi-conductor Cable Assemblies
- Twisted Pair and Multiple Lead Assemblies
- Others
- By Application:
- Hospitals
- Clinics
- Healthcare Facilities
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cable Assemblies for Medical Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cable assemblies are used in medical applications to connect different pieces of equipment. They can be used for a variety of purposes, such as connecting heart monitors to patients' chests, or connecting infusion pumps to patients' arms.
Some of the key players operating in the cable assemblies for medical market are Minnesota Wire, ITT Corporation, Smiths Interconnect, TE Connectivity, Amphenol Corporation, Delphi Automotive, Esterline Corporation, Fisher Connectors, Molex, Samtec, Lemo, Axon' Cable, DC Electronics, Amphenol Alden, Rego Electronics, Johnson Electric, Tensolite LLC, National Wire & Cable Corporation, Cicoil Corporation, TRU Corporation.
The cable assemblies for medical market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cable Assemblies for Medical Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cable Assemblies for Medical Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cable Assemblies for Medical Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cable Assemblies for Medical Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cable Assemblies for Medical Market Size & Forecast, 2018-2028
4.5.1 Cable Assemblies for Medical Market Size and Y-o-Y Growth
4.5.2 Cable Assemblies for Medical Market Absolute $ Opportunity
Chapter 5 Global Cable Assemblies for Medical Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cable Assemblies for Medical Market Size Forecast by Type
5.2.1 Coaxial Cable Assemblies
5.2.2 Ribbon Coax Cable Assemblies
5.2.3 Flat Cable Assemblies
5.2.4 Multi-conductor Cable Assemblies
5.2.5 Twisted Pair and Multiple Lead Assemblies
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cable Assemblies for Medical Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cable Assemblies for Medical Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Healthcare Facilities
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cable Assemblies for Medical Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cable Assemblies for Medical Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cable Assemblies for Medical Analysis and Forecast
9.1 Introduction
9.2 North America Cable Assemblies for Medical Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cable Assemblies for Medical Market Size Forecast by Type
9.6.1 Coaxial Cable Assemblies
9.6.2 Ribbon Coax Cable Assemblies
9.6.3 Flat Cable Assemblies
9.6.4 Multi-conductor Cable Assemblies
9.6.5 Twisted Pair and Multiple Lead Assemblies
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cable Assemblies for Medical Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Healthcare Facilities
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cable Assemblies for Medical Analysis and Forecast
10.1 Introduction
10.2 Europe Cable Assemblies for Medical Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cable Assemblies for Medical Market Size Forecast by Type
10.6.1 Coaxial Cable Assemblies
10.6.2 Ribbon Coax Cable Assemblies
10.6.3 Flat Cable Assemblies
10.6.4 Multi-conductor Cable Assemblies
10.6.5 Twisted Pair and Multiple Lead Assemblies
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cable Assemblies for Medical Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Healthcare Facilities
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cable Assemblies for Medical Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cable Assemblies for Medical Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cable Assemblies for Medical Market Size Forecast by Type
11.6.1 Coaxial Cable Assemblies
11.6.2 Ribbon Coax Cable Assemblies
11.6.3 Flat Cable Assemblies
11.6.4 Multi-conductor Cable Assemblies
11.6.5 Twisted Pair and Multiple Lead Assemblies
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cable Assemblies for Medical Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Healthcare Facilities
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cable Assemblies for Medical Analysis and Forecast
12.1 Introduction
12.2 Latin America Cable Assemblies for Medical Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cable Assemblies for Medical Market Size Forecast by Type
12.6.1 Coaxial Cable Assemblies
12.6.2 Ribbon Coax Cable Assemblies
12.6.3 Flat Cable Assemblies
12.6.4 Multi-conductor Cable Assemblies
12.6.5 Twisted Pair and Multiple Lead Assemblies
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cable Assemblies for Medical Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Healthcare Facilities
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cable Assemblies for Medical Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cable Assemblies for Medical Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cable Assemblies for Medical Market Size Forecast by Type
13.6.1 Coaxial Cable Assemblies
13.6.2 Ribbon Coax Cable Assemblies
13.6.3 Flat Cable Assemblies
13.6.4 Multi-conductor Cable Assemblies
13.6.5 Twisted Pair and Multiple Lead Assemblies
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cable Assemblies for Medical Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Healthcare Facilities
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cable Assemblies for Medical Market: Competitive Dashboard
14.2 Global Cable Assemblies for Medical Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Minnesota Wire
14.3.2 ITT Corporation
14.3.3 Smiths Interconnect
14.3.4 TE Connectivity
14.3.5 Amphenol Corporation
14.3.6 Delphi Automotive
14.3.7 Esterline Corporation
14.3.8 Fisher Connectors
14.3.9 Molex
14.3.10 Samtec
14.3.11 Lemo
14.3.12 Axon' Cable
14.3.13 DC Electronics
14.3.14 Amphenol Alden
14.3.15 Rego Electronics
14.3.16 Johnson Electric
14.3.17 Tensolite LLC
14.3.18 National Wire & Cable Corporation
14.3.19 Cicoil Corporation
14.3.20 TRU Corporation
