IMARC Group's report titled "Small Bore Connectors Market Report by Product (Liquid Bore Connectors, Gas Bore Connectors), Application (Enteral, Intravascular, Respiratory, and Others), End User (Hospitals, Home Care Settings, and Others), and Region 2024-2032". offers a comprehensive analysis of the industry, which comprises insights on the global small bore connectors market demand. The market size reached US$ 594.9 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 902.8 Million by 2032, exhibiting a growth rate (CAGR) of 4.74% during 2024-2032.
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Factors Affecting the Growth of the Small Bore Connectors Industry:
Technological Innovations:
The escalating demand for advanced connectors that can handle intricate tasks with precision is bolstering the growth of the market. In line with this, the rising focus on miniaturization of medical equipment, coupled with improved performance capabilities, is impelling the market growth. Moreover, technological advancements assist in the development of smaller and more efficient connectors that are crucial for minimally invasive (MI) surgeries, diagnostic equipment, and patient monitoring devices. Furthermore, healthcare professionals are increasingly relying on advanced connectors due to their ability to deliver accurate data and treatment in real time.
Rising Focus on Patient Safety:
The increasing focus on patient safety and infection control in healthcare facilities is supporting the growth of the market. Besides this, the rising adoption of small bore connectors that meet stringent quality and safety standards to prevent adverse events and healthcare-associated infections is impelling the market growth. Additionally, small bore connectors serve as critical components in intravenous (IV) systems, catheters, and various medical equipment. Apart from this, there is an increase in the need for small bore connectors that are not only reliable but also designed to prevent misconnections and enhance infection control measures.
Thriving Healthcare Sector:
The growing demand for small bore connectors due to the rising number of healthcare settings, including hospitals, clinics, ambulatory surgical centers, and home healthcare services, across the globe is offering a positive market outlook. In line with this, hospitals and clinics rely on these connectors for patient monitoring, infusion therapy, and anesthesia delivery systems. Moreover, increasing preferences for portable medical devices equipped with small bore connectors are supporting the market growth. Besides this, the rising focus on home healthcare services among the geriatric population is strengthening the market growth.
Leading Companies Operating in the Global Small Bore Connectors Industry:
- B.Braun Melsungen AG
- Becton Dickinson and Company
- Elcam Medical
- ICU Medical Inc.
- Merck KGaA
- Nordson Corporation
- Qosina Corp.
Small Bore Connectors Market Report Segmentation:
By Product:
- Liquid Bore Connectors
- Gas Bore Connectors
Liquid bore connectors represented the largest segment due to the rising prevalence of chronic diseases.
By Application:
- Enteral
- Intravascular
- Respiratory
- Others
On the basis of application, the market has been divided into enteral, intravascular, respiratory, and others.
By End User:
- Hospitals
- Home Care Settings
- Others
Based on the end user, the market has been classified into hospitals, home care settings, and others.
Regional Insights:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
North America enjoys the leading position in the small bore connectors market on account of the increasing focus on accurate and safe nutrient delivery to patients.
Global Small Bore Connectors Market Trends:
The rising awareness about the importance of high-quality small bore connectors in ensuring patient safety and the efficacy of medical procedures is contributing to the growth of the market. In line with this, the growing demand for connectors that meet stringent quality and performance is offering a positive market outlook. Elderly individuals usually require more healthcare services and treatments, leading to increasing demand for medical devices and equipment. Furthermore, small bore connectors are essential components in various devices used in geriatric care, such as infusion pumps and catheters.
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