The Global Advanced Medical Stopcock Market is expected to reach US$ 1,167.6 Mn in 2027 from US$ 841.3 Mn in 2018. The advanced medical stopcock market is estimated to grow with a CAGR of 4% from 2021-2027.
A stopcock is a ball valve used in laboratories to control the flow of liquids or gases. They come in a variety of types, of which the 3-way stopcock is made of polycarbonate and has numerous channels for multi-infusion therapy. It is primarily used in intensive care units (ITUs) and in all ward areas with arterial and venous systems. The growth of the global advanced medical closure market is attributable to the increasing incidence of chronic diseases, the rapid increase in surgical procedures and the growing geriatric population. However, safety issues while using stoppers are a major factor hindering market growth.
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Market Segments
Key Players
- Braun Melsungen AG
- Smiths Medical
- Nipro
- Elcam Medical
- Merit Medical Systems
- Codan USA
- Nordson Corporation
By Type
- Low-Pressure Stopcocks
- Medium-Pressure Stopcocks
- High-Pressure Stopcocks
By End- User
- Hospitals & Clinics
- Homecare
- Ambulatory Surgical Centres
By Region
Europe
- France
- UK
South America
- Argentina
- Brazil
Asia Pacific
- Japan
- India
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Scope of the Heart
The research study analyzes the global Advanced Medical Stopcock Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
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