Market Overview:
The global medical electronic connectors market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries and rising number of hospital admissions. In addition, the growing adoption of medical devices and increasing healthcare expenditure are also contributing to the growth of this market. Based on type, circular/cylindrical connectors accounted for the largest share in 2017 and are expected to continue its dominance during the forecast period. This can be attributed to their high reliability and easy installation.
Product Definition:
A medical electronic connector is a device that allows two or more electrical circuits to be connected. This can be done in a number of different ways, including through the use of plugs and sockets, screw terminals, or solder pads. Medical electronic connectors are important because they allow devices to communicate with each other, which can help improve patient care.
Circular/Cylindrical Connector:
Circular/Cylindrical Connector is a device used in medical electronic connectors to complete the electrical circuit. It has a cylindrical surface with an opening at one end and two or more contacts at the other end. The cylindrical surface can be made of metal or plastic and it can be connected to another component via two or more conductors which are usually wire coated.
Circular/Cylindrical Connector, it's usage.
Coaxial Connector:
Coaxial connectors are used in medical electronic connectors such as cardiac pacemakers, defibrillators, and neurostimulators. Coaxial connector consists of a metal body with an insulated sleeve at one end and an outer shell at the other end. The coaxial connector is designed to fit into the corresponding receptacle on the circuit board or printed circuit board.
The main function of coaxial connector is to provide high-frequency radio frequency (RF) transmission.
Application Insights:
Based on application, the global medical electronic connectors market has been segmented into hospitals, clinics, healthcare facilities and others. The hospitals segment dominated the overall market in terms of revenue in 2017. This is attributed to increasing hospital construction across the globe coupled with a growing population that requires more beds and devices for treatment. As per WHO¢â‚¬â„¢s latest estimates, there will be an addition of approximately USD 250 billion worth of hospital construction work by 2026 globally.
The healthcare facility segment is expected to witness significant growth over the forecast period owing to factors such as increasing government funding for improving access to health care services among under-served populations and rising awareness regarding preventative measures against various diseases including cancer through regular checkups & screenings at an early age along with efforts from private players & organizations working towards this cause.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing government funding for R&D activities, rising adoption of medical devices, and high healthcare expenditure in this region as compared to other regions. Moreover, a rise in chronic diseases that require long-term treatment and monitoring are also contributing toward regional growth.
Asia Pacific is anticipated to grow at a lucrative rate over the forecast period owing to factors such as improving healthcare infrastructure with an increase in spending on medical devices & supplies; growing geriatric population prone to various chronic conditions; and increasing awareness about early diagnosis of chronic diseases among people living across this region thus leading them towards seeking treatment at hospitals & clinics resulting into increased demand for electronic connectors from these sectors which will drive growth over the next eight years or so till 2030 AD (Yearly Averages).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global medical electronic connectors market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand for minimally invasive surgeries. Minimally invasive surgeries are less risky and cause less pain and trauma as compared to traditional open surgery procedures. This is driving the adoption of medical electronic connectors in various surgical applications such as laparoscopy, arthroscopy, and hysteroscopy.
- Growing geriatric population: The global geriatric population is growing at a rapid pace due to the increase in life expectancy rates across the world. This is leading to an increase in the prevalence of age-related diseases such as cancer, Alzheimer’s disease, and Parkinson’s disease which require treatment with medical devices and equipment that use medical electronic connectors. Thus, this is expected to drive the growth of the global medical electronic connectors market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Electronic Connectors Market Research Report
By Type
Circular/Cylindrical Connector, Coaxial Connector, Micro Connector, Heavy-duty Rectangular Connectors, Others
By Application
Hospitals, Clinics, Healthcare Facilities, Others
By Companies
TE Connectivity, LEMO USA, Fischer Connectors, Hermetic Solutions Group LLC, Douglas Electrical Components, Fiber Instrument Sales, Instech Laboratories, Hirose, Molex, Delphi, Amphenol, ITT Interconnect Solutions, Smiths Interconnect, Samtec, Staubli, MGB SA, 1-Source Electronic Components, Cristek Interconnects
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
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Medical Electronic Connectors Market Report Segments:
The global Medical Electronic Connectors market is segmented on the basis of:
Types
Circular/Cylindrical Connector, Coaxial Connector, Micro Connector, Heavy-duty Rectangular Connectors, 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:
- TE Connectivity
- LEMO USA
- Fischer Connectors
- Hermetic Solutions Group LLC
- Douglas Electrical Components
- Fiber Instrument Sales
- Instech Laboratories
- Hirose
- Molex
- Delphi
- Amphenol
- ITT Interconnect Solutions
- Smiths Interconnect
- Samtec
- Staubli
- MGB SA
- 1-Source Electronic Components
- Cristek Interconnects
Highlights of The Medical Electronic Connectors 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:
- Circular/Cylindrical Connector
- Coaxial Connector
- Micro Connector
- Heavy-duty Rectangular Connectors
- 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 Medical Electronic Connectors 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?
Medical electronic connectors are a type of medical device that allow physicians to connect different pieces of equipment, such as heart monitors and infusion pumps, wirelessly. This technology can help reduce the time it takes to get patients the care they need by allowing doctors to easily transfer data between devices.
Some of the major players in the medical electronic connectors market are TE Connectivity, LEMO USA, Fischer Connectors, Hermetic Solutions Group LLC, Douglas Electrical Components, Fiber Instrument Sales, Instech Laboratories, Hirose, Molex, Delphi, Amphenol, ITT Interconnect Solutions, Smiths Interconnect, Samtec, Staubli, MGB SA, 1-Source Electronic Components, Cristek Interconnects.
The medical electronic connectors market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Electronic Connectors 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 Medical Electronic Connectors Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Medical Electronic Connectors 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 Medical Electronic Connectors 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 Medical Electronic Connectors Market Size & Forecast, 2018-2028 4.5.1 Medical Electronic Connectors Market Size and Y-o-Y Growth 4.5.2 Medical Electronic Connectors Market Absolute $ Opportunity
Chapter 5 Global Medical Electronic Connectors 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 Medical Electronic Connectors Market Size Forecast by Type
5.2.1 Circular/Cylindrical Connector
5.2.2 Coaxial Connector
5.2.3 Micro Connector
5.2.4 Heavy-duty Rectangular Connectors
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Electronic Connectors 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 Medical Electronic Connectors 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 Medical Electronic Connectors 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 Medical Electronic Connectors 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 Medical Electronic Connectors Analysis and Forecast
9.1 Introduction
9.2 North America Medical Electronic Connectors 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 Medical Electronic Connectors Market Size Forecast by Type
9.6.1 Circular/Cylindrical Connector
9.6.2 Coaxial Connector
9.6.3 Micro Connector
9.6.4 Heavy-duty Rectangular Connectors
9.6.5 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 Medical Electronic Connectors 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 Medical Electronic Connectors Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Electronic Connectors 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 Medical Electronic Connectors Market Size Forecast by Type
10.6.1 Circular/Cylindrical Connector
10.6.2 Coaxial Connector
10.6.3 Micro Connector
10.6.4 Heavy-duty Rectangular Connectors
10.6.5 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 Medical Electronic Connectors 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 Medical Electronic Connectors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Electronic Connectors 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 Medical Electronic Connectors Market Size Forecast by Type
11.6.1 Circular/Cylindrical Connector
11.6.2 Coaxial Connector
11.6.3 Micro Connector
11.6.4 Heavy-duty Rectangular Connectors
11.6.5 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 Medical Electronic Connectors 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 Medical Electronic Connectors Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Electronic Connectors 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 Medical Electronic Connectors Market Size Forecast by Type
12.6.1 Circular/Cylindrical Connector
12.6.2 Coaxial Connector
12.6.3 Micro Connector
12.6.4 Heavy-duty Rectangular Connectors
12.6.5 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 Medical Electronic Connectors 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) Medical Electronic Connectors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Electronic Connectors 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) Medical Electronic Connectors Market Size Forecast by Type
13.6.1 Circular/Cylindrical Connector
13.6.2 Coaxial Connector
13.6.3 Micro Connector
13.6.4 Heavy-duty Rectangular Connectors
13.6.5 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) Medical Electronic Connectors 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 Medical Electronic Connectors Market: Competitive Dashboard
14.2 Global Medical Electronic Connectors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TE Connectivity
14.3.2 LEMO USA
14.3.3 Fischer Connectors
14.3.4 Hermetic Solutions Group LLC
14.3.5 Douglas Electrical Components
14.3.6 Fiber Instrument Sales
14.3.7 Instech Laboratories
14.3.8 Hirose
14.3.9 Molex
14.3.10 Delphi
14.3.11 Amphenol
14.3.12 ITT Interconnect Solutions
14.3.13 Smiths Interconnect
14.3.14 Samtec
14.3.15 Staubli
14.3.16 MGB SA
14.3.17 1-Source Electronic Components
14.3.18 Cristek Interconnects