Market Overview:
The Global Medical Manifold System Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for medical manifold systems in hospitals, medical laboratories, and clinics across the globe. In addition, the growing awareness about advanced healthcare technologies and their benefits is also contributing to the market growth. Based on type, the global medical manifold system market can be segmented into delivery pressure below 55 psi, 55-100 psi, 100-150 psi, and above 150 psi. Delivery pressure below 55 psi held a dominant share in 2017 and is expected to maintain its dominance during the forecast period as well owing to its low cost and easy installation process.
Product Definition:
A medical manifold system is a device that is used to connect multiple medical devices together. This allows for the sharing of resources between multiple devices, and can help to improve efficiency and workflow. The importance of a medical manifold system can vary depending on the specific needs of a healthcare facility, but in general they can be helpful in allowing for more coordinated care between different devices.
Delivery Pressure Below 55 Psi:
The global medical manifold system market is expected to witness significant growth over the forecast period. The factors that propel its growth include rising geriatric population, increasing prevalence of chronic diseases such as cancer and cardiovascular disorders, growing demand for home healthcare services and high disposable income levels in emerging economies.
55-100 Psi:
The psi value is a measure of the force applied when a given weight is dropped from a certain height. It is used to define pressure in medical manifold systems and other devices that require pressure measurement. The higher the number, the greater the force applied by an air or fluid column to all points on a surface below it (in this case, usually two surfaces - vertical and horizontal).
Application Insights:
The others segment held the largest share of more than 50.0% in 2017. The others application category includes dental, optical and hearing care clinics, veterinary hospitals and other medical facilities such as dialysis centers and imaging centers. These facilities require large volumes of medical supplies that need to be replaced on a regular basis due to usage or wear & tear. Thus, GMMS is widely used in these types of clinics as they offer flexibility in terms of design, size & capacity requirements along with ease in handling complex procedures compared to hospitals or other healthcare institutions.
Medical laboratories are expected to grow at a significant rate over the forecast period owing to factors such as an increase in number of lab tests being performed for patient diagnosis coupled with growing government support for improving healthcare quality through better testing methods across various regions including North America.
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, presence of key players, and high adoption rate of advanced technologies across various sectors including healthcare. In addition, rising prevalence of chronic diseases such as cancer and cardiac disorders is anticipated to drive demand for manifold systems in North America over the forecast period.
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to factors such as improving healthcare infrastructure & facilities along with growing medical tourism industry in Asian countries like India, China, Malaysia & Thailand due to affordability offered by these countries compared with other developed nations around the world which has increased adoption rates for manifold system applications within hospitals especially critical care units.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global medical manifold system market is expected to grow at a CAGR of 5.5% during the forecast period due to the increasing demand for minimally invasive surgeries. Minimally invasive surgeries are less traumatic and result in shorter hospital stays, which is driving the adoption of medical manifold systems.
- Technological advancements: The development of new and innovative products by manufacturers is expected to drive the growth of the medical manifold system market during the forecast period. For instance, in February 2017, Terumo Corporation launched a new product called “Aquarius” that is designed for use in cardiothoracic surgery procedures. This product offers an advanced level of safety and efficiency compared to other products available in the market.
- Rising prevalence of chronic diseases: The global prevalence of chronic diseases such as cancer, heart disease, and diabetes is rising rapidly, which is leading to an increase in demand for surgical procedures worldwide. This is driving growth in the medical manifold system market as these systems are essential components of surgical procedures performed on patients with chronic diseases..
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Manifold System Market Research Report
By Type
Delivery Pressure Below 55 Psi, 55-100 Psi, 100-150 Psi, Above 150 Psi
By Application
Hospital, Medical Laboratories, Clinic, Others
By Companies
Precision UK Ltd, AmcareMed Medical, Beacon Medaes USA (Atlas Copco), Millennium Medical Products, DZ Medicale, MIM Medical, Pegisdan, Delta P Srl, Medicop, Genstar Technologies, Ohio Medical, GCE Group, Peneumatech MGS, INSPITAL Medical Technology GmbH
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Medical Manifold System Market Report Segments:
The global Medical Manifold System market is segmented on the basis of:
Types
Delivery Pressure Below 55 Psi, 55-100 Psi, 100-150 Psi, Above 150 Psi
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
Hospital, Medical Laboratories, Clinic, 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:
- Precision UK Ltd
- AmcareMed Medical
- Beacon Medaes USA (Atlas Copco)
- Millennium Medical Products
- DZ Medicale
- MIM Medical
- Pegisdan
- Delta P Srl
- Medicop
- Genstar Technologies
- Ohio Medical
- GCE Group
- Peneumatech MGS
- INSPITAL Medical Technology GmbH
Highlights of The Medical Manifold System 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:
- Delivery Pressure Below 55 Psi
- 55-100 Psi
- 100-150 Psi
- Above 150 Psi
- By Application:
- Hospital
- Medical Laboratories
- Clinic
- 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 Manifold System 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?
A medical manifold system is a type of medical device that helps doctors monitor and manage patients' vital signs. It typically includes sensors that measure heart rate, blood pressure, and other factors.
Some of the major players in the medical manifold system market are Precision UK Ltd, AmcareMed Medical, Beacon Medaes USA (Atlas Copco), Millennium Medical Products, DZ Medicale, MIM Medical, Pegisdan, Delta P Srl, Medicop, Genstar Technologies, Ohio Medical, GCE Group, Peneumatech MGS, INSPITAL Medical Technology GmbH.
The medical manifold system 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 Manifold System 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 Manifold System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Manifold System 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 Manifold System 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 Manifold System Market Size & Forecast, 2018-2028
4.5.1 Medical Manifold System Market Size and Y-o-Y Growth
4.5.2 Medical Manifold System Market Absolute $ Opportunity
Chapter 5 Global Medical Manifold System 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 Manifold System Market Size Forecast by Type
5.2.1 Delivery Pressure Below 55 Psi
5.2.2 55-100 Psi
5.2.3 100-150 Psi
5.2.4 Above 150 Psi
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Manifold System 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 Manifold System Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Medical Laboratories
6.2.3 Clinic
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Manifold System 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 Manifold System 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 Manifold System Analysis and Forecast
9.1 Introduction
9.2 North America Medical Manifold System 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 Manifold System Market Size Forecast by Type
9.6.1 Delivery Pressure Below 55 Psi
9.6.2 55-100 Psi
9.6.3 100-150 Psi
9.6.4 Above 150 Psi
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 Manifold System Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Medical Laboratories
9.10.3 Clinic
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 Manifold System Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Manifold System 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 Manifold System Market Size Forecast by Type
10.6.1 Delivery Pressure Below 55 Psi
10.6.2 55-100 Psi
10.6.3 100-150 Psi
10.6.4 Above 150 Psi
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 Manifold System Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Medical Laboratories
10.10.3 Clinic
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 Manifold System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Manifold System 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 Manifold System Market Size Forecast by Type
11.6.1 Delivery Pressure Below 55 Psi
11.6.2 55-100 Psi
11.6.3 100-150 Psi
11.6.4 Above 150 Psi
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 Manifold System Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Medical Laboratories
11.10.3 Clinic
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 Manifold System Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Manifold System 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 Manifold System Market Size Forecast by Type
12.6.1 Delivery Pressure Below 55 Psi
12.6.2 55-100 Psi
12.6.3 100-150 Psi
12.6.4 Above 150 Psi
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 Manifold System Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Medical Laboratories
12.10.3 Clinic
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 Manifold System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Manifold System 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 Manifold System Market Size Forecast by Type
13.6.1 Delivery Pressure Below 55 Psi
13.6.2 55-100 Psi
13.6.3 100-150 Psi
13.6.4 Above 150 Psi
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 Manifold System Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Medical Laboratories
13.10.3 Clinic
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 Manifold System Market: Competitive Dashboard
14.2 Global Medical Manifold System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Precision UK Ltd
14.3.2 AmcareMed Medical
14.3.3 Beacon Medaes USA (Atlas Copco)
14.3.4 Millennium Medical Products
14.3.5 DZ Medicale
14.3.6 MIM Medical
14.3.7 Pegisdan
14.3.8 Delta P Srl
14.3.9 Medicop
14.3.10 Genstar Technologies
14.3.11 Ohio Medical
14.3.12 GCE Group
14.3.13 Peneumatech MGS
14.3.14 INSPITAL Medical Technology GmbH
