The needleless infusion connector is one of the important components of the needleless infusion system. This type of connector eliminates the connection method of the steel needle puncture rubber stopper and connects the infusion set or syringe to the indwelling cannula, including CVC, PICC and peripheral intravenous catheter.
According to the new market research report "Separation Membrane Needleless Infusion Connector - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030", published by QYResearch, the global Separation Membrane Needleless Infusion Connector market size is projected to grow from USD 151 million in 2023 to USD 209 million by 2029, at a CAGR of 5.5% during the forecast period.
- Global Separation Membrane Needleless Infusion Connector MarketSize(US$ Million), 2018-2029
Source: QYResearch, "Separation Membrane Needleless Infusion Connector - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Global Separation Membrane Needleless Infusion Connector Top16 Players Rankingand Market Share (Ranking is based on the revenue of 2022, continually updated)
Source: QYResearch, "Separation Membrane Needleless Infusion Connector - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
According to QYResearch Top Players Research Center, the global key manufacturers of Mechanical Valve Needleless Infusion Connector include BD, B. Braun, ICU Medical, Terumo Medical, Vygon, Henan Tuoren Best Medical Device, Guangdong Baihe Medical Technology, Super Health Medical, Weigao Group, JiangXi HuaLi Medical, etc. In 2022, the global top five players had a share approximately 43% in terms of revenue.
In terms of product application, Hospital is the largest application, hold a share of 78%,
Market Drivers:
The medical device industry is an important industry related to the national economy and people's livelihood, and is a key area of strategic emerging industries. In order to accelerate the transformation of the medical device industry from large to strong, the country has intensively promulgated a series of policies and regulations on the medical device industry. Local government authorities have also successively introduced a series of detailed support measures to accurately cultivate high-quality enterprises in the industry to become bigger and stronger through tax incentives, financial subsidies and other forms, laying a solid foundation for the development of the medical equipment and medical consumables industry.
With the improvement of residents' income levels and people's awareness of health care, the deepening of urbanization and the aging of society, per capita health care expenditures continue to grow, providing a broad market space for medical consumables.
Restraint:
The end price (the price ultimately paid by patients, healthcare providers, or other end users) is higher than traditional product prices.
The use of needleless infusion connectors requires medical professionals to be trained to ensure proper use and operating procedures. This involves additional cost and time.
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