Medical Electronics Market for Interconnect Solutions

This is an equipment sector that places high value on technology, quality, innovation, and material expertise. The medical market for connectors offers major opportunities for both connector industry leaders and the niche manufacturer.

• What trends are driving growth in the medical equipment sector? What role will demographics play in this growth and how will it affect product design and marketing? How has Covid-19 affected the types of equipment being manufactured today? What role will technologies like robotics, 5G Ethernet, mobile health (mHealth), or artificial intelligence play in the growth of the medical equipment sector?
• Who are the major connector suppliers to the medical equipment sector and what types of connector products are they supplying? Who are the major medical equipment manufacturers? What role do government regulations play in the design, marketing, and sale of medical equipment? How do regulations affect export and import demands?
• How important are design features such as low insertion force, non-magnetic materials, polarization and sterilization capabilities, and the ability to handle a variety of contact types, including power, coax, signal, fiber, air, and fluid?

Bishop & Associates newest research report, Medical Electronics Market for Interconnect Solutions analyzes the many aspects involved in the design, development, approval, and marketing of connectors used in the medical market. Tables are included detailing medical connector market sales by region, by medical equipment sub-sector, and by connector product type for the years 2017 through 2025, including a five-year CAGR. A market sector where failure can literally be the difference between life and death, the medical market for connectors may offer designers and manufactures numerous challenges, but the rewards will generally outweigh the challenges.

Medical Electronics Market for Interconnect Solutions

Medical Electronics Market for Interconnect Solutions

Focusing on connectors used in the medical electronics market, Bishop & Associates Inc. is pleased to announce the release of their newest research report, Medical Electronics Market for Interconnect Solutions. This 12-chapter, 472-page report examines electronic connectors and cable assemblies used in the medical sector and the equipment these connectors and assemblies are found on. Also examined are the market trends, regulations, and requirements to be successful as an equipment manufacturer and supplier.

A market sector where failure can literally mean the difference between life and death, this report analyzes electronic packaging characteristics unique to the medical market and the types of connectors and cable assemblies that are needed to succeed in the medical space.

OEM equipment interconnect needs are analyzed. The connector requirements are shown for major imaging equipment like CT, MRI, x-ray, and ultrasound equipment. Requirements for monitoring equipment and cabling is also examined, including opportunities for disposable sensor cable assemblies. Special attention is given to the environment where medical connectors are used, including cleaning, disinfecting, sterilization, and rigorous reprocessing techniques used to minimize cross contamination and the spread of bacteria, viruses, and other potentially harmful infections.

The report looks at connectors, cables, and instruments used inside the body, either temporarily during surgery or exams, or long term in implanted devices. The report takes a close look at trends for endoscopes, surgical robotics, dental and electrosurgical equipment which use a variety of reusable and disposable connectors. This latest report also contains a thorough analysis of the Therapeutic market, including a close look at connectors and cables used for respiratory equipment, such as ventilators used to treat patients with breathing impairments caused by the Coronavirus. The report also provides an in-depth review of defibrillators, AED’s, and emerging wearable defibrillator products and the connectors and cables needed to support them.

The report discusses the unique materials, manufacturing processes, and interconnect designs that optimize connectors and cables for medical applications. Included is a comprehensive overview of the top 10 suppliers of medical connectors and assemblies, examining the strategies of these suppliers, including their approach to the market, acquisition strategies, and overall direction in the medical market.

In addition to connector suppliers, a detailed discussion of the top 10 medical device companies is included. In 2019, the medical device market reached $451.6 billion with growth of 5.6% higher than 2018. The market is very fragmented with the top 10 medical device companies accounting for $189.7 billion, 42% of the medical device market. Many other medical device companies make up the remaining $262 billion (58%) of the market.

Overall medical market drivers and trends, as well as political, economic, sociocultural, technological, environmental, and legal factors are discussed and sales and forecast numbers by region, sub-sector, and product type are provided for the years 2017 through 2025.