Global Acute Care Needleless Connectors Market to Reach $2.1 Billion by 2030
The global market for Acute Care Needleless Connectors estimated at US$1.1 Billion in the year 2023, is expected to reach US$2.1 Billion by 2030, growing at a CAGR of 9.1% over the period 2023-2030. Simple Needleless Connectors, one of the segments analyzed in the report, is expected to record 10.9% CAGR and reach US$1.1 Billion by the end of the analysis period. Growth in the Complex Needleless Connectors segment is estimated at 7.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $349.9 Million, While China is Forecast to Grow at 8.4% CAGR
The Acute Care Needleless Connectors market in the U.S. is estimated at US$349.9 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$349.9 Million by the year 2030 trailing a CAGR of 8.4% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.5% and 7.2% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 7.1% CAGR.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook