Healthcare settings have an array of devices and systems, such as radiological equipment, ventilators, surgical devices, display monitors, electronic weighing scales, radiofrequency (RF) energy generators, hematology analyzers, and electron microscopes. With the increasing number of people suffering from health issues, hospital construction is growing, thereby propelling the procurement of all such equipment. Moreover, since all these devices have a certain lifespan, they are regularly serviced, replaced, and renewed.
This is the major reason PS Intelligence expects the medical connectors market to grow rapidly in the years to come. Medical equipment requires an array of connectors to link to the power supply, central hospital database, and display monitors and to connect the individual components of a system, such as a cautery pen to its electrical control box or leads to the electroencephalography (EEG) or electrocardiography (ECG/EKG) machine. Just like home appliances, medical systems need a wide array of connectors depending on the purpose and type of socket.
Board-to-board, input/output (I/O) rectangular, push–pull, RF, disposable plastic, hybrid circular, receptacle systems, power/high-voltage, magnetic medical, and lightweight hospital-grade connectors and power cords with retention systems are the various types of connectors used in medical equipment. Among these, board-to-board connectors are the most common because they have a lower risk of an electric shock and the device getting unplugged. In the coming years, the demand for RF connectors is expected to increase at the highest rate because of the rising adoption of small and wireless devices.
All these connectors are used in patient monitoring, electrosurgical, diagnostic imaging, cardiology, dental, respiratory, endoscopy, neurology, and enteral devices, analyzers, and processing equipment. Among these, diagnostic imaging devices account for the highest number of medical connectors in use. This is because healthcare facilities have an array of diagnostic imaging equipment, such as magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography (PET), X-ray, ultrasound, and endoscopy devices. These are not only connected to the electricity supply, but also to a computer system, which controls them.
Due to the rising prevalence of cancer, cardiovascular diseases (CVDs), musculoskeletal diseases, and respiratory diseases, the usage of diagnostic imaging systems is growing. They display the internal anatomy, including tissues and muscles, bones, nerves, and blood vessels, which helps in diagnosing internal injuries, edema, hemorrhages, thrombotic and embolic blockages, orthopedic fractures, structural abnormalities, muscle tears, swelling, and other issues. Hence, with the rising number of people undergoing such procedures, the demand for connectors for diagnostic imaging equipment is surging.
Among the various settings where these connectors are required, including hospitals, ambulatory surgical centers clinics, diagnostic laboratories imaging centers, research laboratories, and academic institutions, hospitals are their biggest users. This is because hospitals account for the largest number and variety of medical devices, which are used on hundreds of people each day. Due to the trained staff they employ and high-quality healthcare they offer, they are preferred by patients.
Presently, North America dominates the medical connectors market because it is home to the most-advanced healthcare sector in the world. Moreover, the prevalence of cancer and CVDs and the geriatric population is increasing, which is driving the hospitalization rate in the continent. In addition, most of the medical device manufacturers are based in North America, which leads to a high demand for them. This, coupled with the stringent patient safety regulations in place, propels regular maintenance and replacement activities, thereby driving the demand for medical connectors.
Thus, the demand for medical connectors will grow with the expansion of the healthcare sector across the globe.