TMRR in its latest research report states that the global market size of Small-bore Connectors market was $XX million in 2018 with XX CAGR from 2014 to 2018, and is expected to reach $XX million by the end of 2029 with a CAGR of XX% from 2019 to 2029.
Global Small-bore Connectors Market Report 2019 – Market Size, Share, Price, Trend and Forecast is an intuitive and exhaustive study on the current and future prospects of the global Small-bore Connectors industry. The key insights are elucidated as under:
- The report postulates key numbers on the market status of the Small-bore Connectors market manufacturers and is a reliable and valuable source of market intelligence for companies and individuals interested in the industry.
- The report provides an intrinsic overview of the industry including its market definition, market overview and market executive summary.
- The report depicts an in-depth analysis on the company profiles, product specifications, capacity, production value, of leading stakeholders in the Small-bore Connectors market
- The Small-bore Connectors market is further scrutinized through the SWOT analysis of key players for the competitive landscape analysis.
- The report also brings forth important trends in the Small-bore Connectors market that are changing the dynamics of the market.
- A detailed scrutiny of upstream raw materials, downstream demand, and current market dynamics of Small-bore Connectors market helps stakeholders take strategic decisions
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There are 4 key segments covered in this report: machine segment, product type segment, end use segment and regional segment.
Competitive landscape of Small-bore Connectors market has tier 1, tier 2 and tier 3 players and provides a dashboard view of their strategies and intensity mapping.
growth dynamics based on assessment of demand drivers and opportunities pertinent to the small-bore connectors market over the forecast timeframe.
Small-bore Connectors Market: Notable Developments and Competitive Dynamics
- In the wake of numerous incidence of medical tubing misconnections, the Global Enteral Device Supplier Association (GEDSA) recently announced phase out of manufacture of legacy transition adaptors and feeding devices. The announcement is to comply with guidance from FDA and Centers for Medicare and Medicaid Services in the U.S. to reduce medical tubing misconnections for improved patient safety. Following this, GESDA member manufacturers will follow FDA guidance and are prepared to adjust availability of products accordingly.
- In the bid to mandate standardization of design of small-bore connectors, the International Organization for Standardization (ISO) created ISO 80369 series of small-bore connectors. In this family of connectors, ISO 80369-3 commonly known as ENFit, for their use enteral and gastric medical devices is nearing 100 percent adoption rate across Europe. The region reports use of ENFit for over two years without a single reported event of misconnection.
Middle East, New Zealand, and Australia closely follow suit in terms of adoption of ENFit class of connectors.
Further, active support of GEDSA is encouraging adoption of ENFit class of connectors throughout Asia and Latin America. Such initiatives are to improve patient safety worldwide and to comply with healthcare regulatory instructions in each country.
Small-bore Connectors Market: Key Trends
Adoption of designs that conform to international standards is a key consideration of product manufacturers in the small-bore connectors market. In this regard, the FDA and other participating statutory agencies encourage product manufacturers to incorporate new connector designs for devices for various medical applications. However, these agencies do not mandate product manufacturers to switch completely on new designs, or to discontinue use of currently used small-bore connector products.
Meanwhile, during manufacture of newer small-bore connectors, product manufacturers provide interim transition connectors to prevent discontinuity of patient care.
Numerous incidents of patient injury and patient death due to misconnections between medical devices are reported each year worldwide. This is mainly related to negligence on part of healthcare personnel or availability of small-bore luer connectors that freely connect to several medical devices. This is a downside of use of small-bore connectors, negatively impacting small-bore connectors market.
Small-bore Connectors Market: Regional Outlook
Europe is a key market for small-bore connectors due to the presence of top manufacturers of small-bore connectors in the region. North America and Asia Pacific are trailing Europe due to increasing government support for manufacture of small-bore connectors.
The Middle East and Africa are pacing slowly, yet displaying steady growth in the small-bore connectors market.
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For regional segment, the following regions in the Small-bore Connectors market have been covered
- North America
- Europe
- Asia Pacific
- MEA
- Latin America
Reasons to Purchase this Report:
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- Market segmentation analysis and strategies for growth including qualitative and quantitative research incorporating the micro and macro-economic factors of the Small-bore Connectors market
- Regional and country level analysis and the demand and supply factors which are influencing the growth of the market
- Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
- Competitive landscape which includes market share of leading stakeholders, along with key mergers, acquisitions and product offerings
- 1-year analyst support, along with the data support
We also can offer customized report to fulfil special requirements of our clients. Regional and Countries report can be provided as well.
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