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Small Bore Connectors Market Size (2024 - 2029)

The small-bore connectors market is projected to experience growth driven by the increasing use of these connectors in treating chronic diseases such as cardiovascular, urology, and neurology conditions. The demand is further boosted by the rising number of surgeries and the adoption of advanced materials that enhance the durability of medical devices. Improvements in medical infrastructure and favorable reimbursement policies also contribute to market expansion. Additionally, technological advancements aimed at reducing errors in healthcare applications are expected to support market growth. However, the market's expansion is challenged by stringent regulatory standards.

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Market Size of Small Bore Connectors Industry

Small Bore Connectors Market
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 4.50 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Low

Major Players

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*Disclaimer: Major Players sorted in no particular order

Small Bore Connectors Market Analysis

The global small-bore connectors market is anticipated to grow with a CAGR of nearly 4.5% during the forecast period. Cardiovascular, urology, and neurology diseases have become the most dominant cause of mortality and morbidity in the world during the last three decades. Increasing utilization of small-bore connectors in the treatment of these chronic diseases is anticipated to drive the market over the forecast period. According to 2015 statistics by the Department of Health, more than 40% of New York adults suffer from a chronic disease, and chronic diseases are responsible for 23% of all hospitalizations in New York State. Six out of every 10 deaths in New York State are caused by chronic diseases. This results in a growing need for small-bore connectors in disease treatment, thereby propelling market growth.

A rising number of surgeries coupled with rising usage of small bode connectors has also boosted its demand. Manufacturers are resorting to new materials, which ward off the instances of rough use that is regularly experienced by medical devices and equipment. Furthermore, improving medical infrastructures and favorable reimbursement policies help to expand the market. For example, International Organization for Standardization developed ISO 80369 series of standards to improve patient safety and reduce the risk of small-bore misconnections used in liquid and gas healthcare applications.

Technology advancement to mitigate wrong route errors coupled with rising usage of small bode connectors for various applications has also boosted its demand. Some other key factors such as fatigue-deprived performance under pressure, flow rates, clinical requirements, air pressures, and several other performance characteristics is expected to boost the market growth.

However, stringent regulatory standards hinder the growth of the global small bore connectors market.

Small Bore Connectors Industry Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2025. For the purpose of this study, Mordor Intelligence has segmented the global small-bore connectors market report on the basis of product, application, end-user, and region.

By Product
Liquid Bore Connector
Gas Bore Connectors
By Application
Enteral
Intravascular
By End User
Hospitals
Home Care Settings
Others
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle-East and Africa
GCC
South Africa
Rest of Middle-East and Africa
South America
Brazil
Argentina
Rest of South America
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Small Bore Connectors Market Size Summary

The small-bore connectors market is poised for steady growth, driven by the increasing prevalence of chronic diseases such as cardiovascular, urology, and neurology conditions, which have become leading causes of mortality and morbidity globally. The rising number of surgeries and the growing adoption of small-bore connectors in medical treatments are significant factors propelling market expansion. Manufacturers are innovating with new materials to enhance the durability of medical devices, while advancements in technology aim to reduce errors in medical applications. The development of standardized connector designs by organizations like the International Organization for Standardization is also contributing to market growth by improving patient safety and reducing the risk of misconnections.

Regionally, North America holds a significant share of the market due to its advanced healthcare infrastructure and the high prevalence of chronic diseases. The Asia Pacific region is expected to experience lucrative growth, driven by an increasing population with chronic conditions and a rising demand for disease treatment solutions. The market is highly competitive, with both global and local players such as B. Braun Melsungen AG, Becton, Dickinson and Company, and ICU Medical actively developing connectors that comply with international standards. These efforts are part of a broader initiative to enhance patient safety and minimize the risk of medical device misconnections, which remains a critical focus for the industry.

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Small Bore Connectors Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Increasing Prevalence of Chronic Disorders

      2. 1.2.2 Increase in Number of Surgeries

      3. 1.2.3 Technology Advancement to Mitigate Wrong Route Errors

    3. 1.3 Market Restraints

      1. 1.3.1 Stringent Regulatory Standards

    4. 1.4 Porter's Five Force Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Product

      1. 2.1.1 Liquid Bore Connector

      2. 2.1.2 Gas Bore Connectors

    2. 2.2 By Application

      1. 2.2.1 Enteral

      2. 2.2.2 Intravascular

    3. 2.3 By End User

      1. 2.3.1 Hospitals

      2. 2.3.2 Home Care Settings

      3. 2.3.3 Others

    4. 2.4 Geography

      1. 2.4.1 North America

        1. 2.4.1.1 United States

        2. 2.4.1.2 Canada

        3. 2.4.1.3 Mexico

      2. 2.4.2 Europe

        1. 2.4.2.1 Germany

        2. 2.4.2.2 United Kingdom

        3. 2.4.2.3 France

        4. 2.4.2.4 Italy

        5. 2.4.2.5 Spain

        6. 2.4.2.6 Rest of Europe

      3. 2.4.3 Asia-Pacific

        1. 2.4.3.1 China

        2. 2.4.3.2 Japan

        3. 2.4.3.3 India

        4. 2.4.3.4 Australia

        5. 2.4.3.5 South Korea

        6. 2.4.3.6 Rest of Asia-Pacific

      4. 2.4.4 Middle-East and Africa

        1. 2.4.4.1 GCC

        2. 2.4.4.2 South Africa

        3. 2.4.4.3 Rest of Middle-East and Africa

      5. 2.4.5 South America

        1. 2.4.5.1 Brazil

        2. 2.4.5.2 Argentina

        3. 2.4.5.3 Rest of South America

Small Bore Connectors Market Size FAQs

The Small Bore Connectors Market is projected to register a CAGR of 4.5% during the forecast period (2024-2029)

B. Braun Melsungen AG , Becton, Dickinson and Company , ICU Medical , Merck KGaA and Smiths Medical are the major companies operating in the Small Bore Connectors Market.

Small Bore Connectors Report Snapshots

Small Bore Connectors Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)