TMRR, in its recent market report, suggests that the Small-bore Connectors market report is set to exceed US$ xx Mn/Bn by 2029. The report finds that the Small-bore Connectors market registered ~US$ xx Mn/Bn in 2018 and is spectated to grow at a healthy CAGR over the foreseeable period. This Small-bore Connectors market study considers 2018 as the base year, 2019 as the estimated year, and 2019 – 2029 as the forecast timeframe.
The Small-bore Connectors market research focuses on the market structure and various factors (positive and negative) affecting the growth of the market. The study encloses a precise evaluation of the Small-bore Connectors market, including growth rate, current scenario, and volume inflation prospects, on the basis of DROT and Porter’s Five Forces analyses. In addition, the Small-bore Connectors market study provides reliable and authentic projections regarding the technical jargon.
Important regions covered in the Small-bore Connectors market research include Region 1 (Country 1, country 2), Region 2 (Country 1, country 2), Region 3 (Country 1, country 2) and Region 4 (Country 1, country 2).
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The Small-bore Connectors market study answers critical questions including:
- What tactics are being utilized by the Small-bore Connectors market players to expand their production footprint in region?
- What are the threats faced by players in the global Small-bore Connectors market mutually?
- Why region holds the majority of share in the global Small-bore Connectors market?
- Why segment has the largest consumption in region?
- Which industries remain the leading consumers of the Small-bore Connectors across the globe?
The content of the Small-bore Connectors market report includes the following insights:
- Growth outlook of the global Small-bore Connectors market in terms of value and volume
- Strategies utilized by different Small-bore Connectors market players.
- Drivers, restraints, opportunities and trends (DROT Analysis) impacting the growth prospect for the Small-bore Connectors over the forecast period.
- End use consumption of the Small-bore Connectors across various regions.
- Identify the ecological impacts of the Small-bore Connectors and what regulations are being imposed on its usage.
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On the basis of component, the global Small-bore Connectors market report covers the following segments:
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.
All the players running in the global Small-bore Connectors market are elaborated thoroughly in the Small-bore Connectors market report on the basis of R&D developments, distribution channels, industrial penetration, manufacturing processes, and revenue. In addition, the report examines, legal policies, and comparative analysis between the leading and emerging Small-bore Connectors market players.
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