Global healthcare fluid connectors market to be valued at $3.5b by 2030
Smart sensors and the use of high-performance materials serve as growth drivers.
The global healthcare fluid connectors market is projected to hit $3.5b by 2030 at a compound annual growth rate of 4.1%, according to Research and Markets.
The sector’s expansion is attributed to an increasing demand for advanced medical devices and equipment in response to a growing patient population.
“With the rise of point-of-care testing and portable diagnostic devices, the demand for compact and high-precision fluid connectors has grown significantly,” the report said.
Meanwhile, the rising prevalence of chronic conditions such as diabetes, kidney disease, and respiratory disorders further contributes to market growth,
Technological developments, such as the integration of smart sensors and the use of high-performance materials, also serve as notable drivers.
“Additionally, the trend toward miniaturisation in medical devices has boosted demand for compact and lightweight connectors tailored to specific applications,” it added.