- Medical Devices
- Tuesday, 11 Aug 2020
Europe Advanced Medical Stopcock Market Outlook, Strategies, Manufacturers, Countries, Type and Application, Global Forecast To 2027
The Europe Advanced Medical Stopcock Market is growing along with the healthcare industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report. According to the statistics revealed by the European Union states that in 2016, approximately 1.32 million caesarean sections were performed. The number of procedures represents the usage of the stopcock to provide fluid to a mother after the surgical procedure. Also, according to the Centers for European Heart Network (EHN) each year cardiovascular disease (CVD) causes 3.9 million deaths in Europe and over 1.8 million deaths in the European Union (EU).
The Europe advanced medical stopcock market is expected to reach US$ 321.6 Mn in 2027 from US$ 237.2 Mn in 2018. The market is projected to grow with a CAGR of 3.6% from 2019-2027.
The healthcare industry is undergoing rapid transformations since a few years now. Various technological improvements have been witnessed in the segments including diagnosis and treatment options for chronic diseases. The increase in incidences of chronic illnesses and the increasing ageing population are the primary factors fuelling the growth of healthcare segment.
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France is expected to witness growth during the forecast owing to the factors such as rise in the drinking and smoking habits among the people and likely to enhance the growth of advanced medical stopcock market during the forecast period.
These factors are expected to offer broad growth opportunities in the healthcare industry and this is expected to cause the demand for immunochemistry assays in the market.
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EUROPE ADVANCED MEDICAL STOPCOCK MARKET– MARKET SEGMENTATION
Europe Advanced Medical Stopcock Market – By Product Type
- Low-pressure Stopcocks Market
- Medium-Pressure Stopcocks Market
- High-Pressure Stopcocks Market
Europe Advanced Medical Stopcock Market – By End User
- Hospitals & Clinics
- Ambulatory Surgery Centers
- Homecares
By Geography
- Europe
- Germany
- Spain
- Italy
- UK
- France
- Rest of Europe
Company Profiles
- B. BRAUN MELSUNGEN AG
- SMITHS MEDICAL
- NIPRO
- ELCAM MEDICAL
- MERIT MEDICAL SYSTEMS
- CODAN USA
- NORDSON CORPORATION
- COOK
- JCM MED
- UTAH MEDICAL PRODUCTS INC
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