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
By Type
- Low-Pressure Stopcocks
- Medium-Pressure Stopcocks
- High-Pressure Stopcocks
By End- User
- Hospitals & Clinics
- Homecare
- Ambulatory Surgical Centres
Key Players
- B. Braun Melsungen AG
- Smiths Medical
- Nipro
- Elcam Medical
- Merit Medical Systems
- Codan USA
- Nordson Corporation
Scope of the Report
The research study analyzes the global Advanced Medical Stopcock 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
A full report of Global ## Market is available at: https://www.orionmarketreports.com/advanced-medical-stopcock-market/62138/
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
Key Questions Answered by Advanced Medical Stopcock Market Report
1. What was the Advanced Medical Stopcock Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Advanced Medical Stopcock Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Advanced Medical Stopcock Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Advanced Medical Stopcock market.
- The market share of the global Advanced Medical Stopcock market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Advanced Medical Stopcock market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Advanced Medical Stopcock market.
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