Europe Advanced Medical Stopcock Market Dynamics and Trends by 2027
Historic Data: 2016-2017 | Base Year: 2018 | Forecast Period: 2019-2027Europe Advanced Medical Stopcock Market to 2027 - Regional Analysis and Forecasts by Type (Low-Pressure Stopcocks, Medium Pressure Stopcocks, High-Pressure Stopcocks), and End User (Hospitals & Clinics, Ambulatory Surgical Centers, and Homecare), and Country
- Report Date : Jul 2019
- Report Code : TIPRE00006302
- Category : Life Sciences
- Status : Published
- Available Report Formats :
- No. of Pages : 112
The Europe advanced medical stopcock market is expected to reach US$ 321.6 Mn in 2027 from US$ 237.2 Mn in 2018. The market is projected to grow with a CAGR of 3.6% from 2019-2027.
The growth in Europe is characterized by rising prevalence lung cancer, consumption of the alcohol and tobacco, illegal drugs are fostering the growth of the intravenous and infusion therapies and increasing geriatric population
According to the statistics revealed by the European Union states that in 2016, approximately 1.32 million caesarean sections were performed. The number of procedures represents the usage of the stopcock to provide fluid to a mother after the surgical procedure. Also, according to the Centers for European Heart Network (EHN) each year cardiovascular disease (CVD) causes 3.9 million deaths in Europe and over 1.8 million deaths in the European Union (EU). This has led to increase in cardiovascular surgeries. Thus, it is estimated that among this population some patients must have undergone angiography or angioplasty procedures. These procedures requires high pressure stopcocks. Therefore, the demand is likely to increase for the stopcocks during the forecast period.
In addition, during the year 2016 to 2019, various companies have made organic and inorganic growth strategies in the market there are operating. Some of the activities undertaken by the company, which have promoted its growth are, product launches, acquisition and partnership. The organic development strategy has been implemented widely that have helped the growth of the companies and in turn have brought about various changes in the market. For instance, in February 2016, Elcam Medical announced launch of Marvelous (MRLVS) stopcock. It is a three way stopcock made by the Covetsro’s high performance plastic Makrolon.
France is expected to witness growth during the forecast owing to the factors such as rise in the drinking and smoking habits among the people and likely to enhance the growth of advanced medical stopcock market during the forecast period.
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
EUROPE ADVANCED MEDICAL STOPCOCK MARKET– MARKET SEGMENTATION
Europe Advanced Medical Stopcock Market – By Product Type
- Low-pressure Stopcocks Market
- Medium-Pressure Stopcocks Market
- High-Pressure Stopcocks Market
Europe Advanced Medical Stopcock Market – By End User
- Hospitals & Clinics
- Ambulatory Surgery Centers
- Homecares
By Geography
Europe
- Germany
- Spain
- Italy
- UK
- France
- Rest of Europe
Company Profiles
- B. BRAUN MELSUNGEN AG
- SMITHS MEDICAL
- NIPRO
- ELCAM MEDICAL
- MERIT MEDICAL SYSTEMS
- CODAN USA
- NORDSON CORPORATION
- COOK
- JCM MED
- UTAH MEDICAL PRODUCTS INC
Europe Advanced Medical Stopcock Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2018 | US$ 237.2 Million |
| Market Size by 2027 | US$ 321.6 Million |
| Global CAGR (2019 - 2027) | 3.6% |
| Historical Data | 2016-2017 |
| Forecast period | 2019-2027 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
Market Research & Consulting
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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The List of Companies
- B. BRAUN MELSUNGEN AG
- SMITHS MEDICAL
- NIPRO
- ELCAM MEDICAL
- MERIT MEDICAL SYSTEMS
- CODAN USA
- NORDSON CORPORATION
- COOK
- JCM MED
- UTAH MEDICAL PRODUCTS INC
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