The factors that drive the Medical Stopcock market include high demand for valves in the healthcare sector, development in research & development activities to design their products in accordance with changing requirements in various industries, large numbers of tests that take place in ITU, and high dependency units & theatres. Moreover, development in healthcare infrastructure and growth of valves due to an increase in demand in the healthcare sector to control the flow of blood further boost the market growth. However, lack of skilled professionals and occurrence of accidents while using three-way stopcock such as leakage of drugs restrict the market growth. Increase in clinical trials and rise in the demand for three-way stopcock are expected to provide a number of opportunities for pharmaceutical industries, thus fueling the market growth in the near future.
Due to the COVID-19 pandemic, the global Advanced Medical Stopcock market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Advanced Medical Stopcock market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Advanced Medical Stopcock landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Based on this report data, you can gather valuable information on the Advanced Medical Stopcock industry covering key industry aspects like size, shares, market trends, key players, forecast, risk factors, game-changers, revenue prediction, future revenue streams, market instabilities, and profitability.
This report focuses on Advanced Medical Stopcock volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Advanced Medical Stopcock market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Advanced Medical Stopcock Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
4-way Stopcock
3-way Stopcock
2-way Stopcock
Other
Segment by Application
Hospitals
Clinics
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Cook Medical
Codan US
B. Braun
Nordson Medical
Vitalmed
Hospira (ICU medical)
Nipro
TOP Corporation
Elcam
Borla
Argon Medical
Smiths Medical
BD
Baihe Medical
Zhejiang Kindly Medical
Weigao