Increases in the usage rate of acute care needleless connectors are attributed by the rising requirement for proper drug administration and intravenous blood withdrawal. Moreover, the risk of injury to the healthcare worker from needle stick which causes blood borne diseases (CRBSI) has been reduced. To avoid the risk of CRBSI, the manufacturers are focusing greatly on innovative product designing.
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On the basis of design, the market is classified into simple and complex needleless connectors. However, the basic difference between the above mentioned connectors are that the former one doesn’t have internal mechanical valves whereas the later one have, that in turn allows non straight fluid path movement. The higher availability of mechanical valves attributed the complex connector to be the largest revenue generator. However, catheter lumen blockage and CRBSI occur in most of the cases by the use of complex connector, thus the demand growth in simple connector is expected. On the basis of mechanism, the market is segmented as mechanism, which is further subdivided into negative, positive, and neutral fluid displacement and dwell time, is subdivided into, seven days and other than seven days connectors. However, in case of dwell time, the later one is estimated to register lucrative CAGR over the forecasted period which is associated by its cost effective nature and reducing risk of CRBSI and catheter lumen blockage.
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Key regional market includes North America, MEA, Europe, Asia pacific and Latin America. In 2014, on account of rising awareness levels of healthcare practitioners, increasing geriatric population and presence of sophisticated healthcare infrastructure North America emerged as one of the highest revenue generating regional acute care needleless connectors market. Asia Pacific is expected to grow at a lucrative rate over the forecast period due to factors such as rapid economic development and increasing government initiative in Asian countries like China, India and Japan.
The key players operating in global needleless connector market include Baxter International Inc., Nexus Medical LLC, Becton Dickinson, Braun Melsungen AG, Ry Med Technologies Inc, Vygon and ICU Medical, Inc.
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