Bishop and Associates, Inc. has just released a twelve chapter research report providing a comprehensive analysis of the world medical electronics market detailing connector consumption by geographic region, medical equipment segments, medical equipment types and connector product types. The market volumes for the Medical Electronics market for connectors in years 2008, 2009 and 2014 are summarized by:

• Region

• Medical Equipment Segment

• Medical Equipment Type

• Connector Product Type

An in-depth analysis of the various market segments within the medical electronics market for connectors is provided. Due to the diversity of applications and different dynamics of each segment, we will focus more closely to specific applications and modalities representing growth opportunities for connector manufacturers actively selling into these markets. These include:

• Imaging Equipment

• Patient Monitoring and Diagnostic Equipment

• Therapeutic Equipment

• Analytical and Surgical Equipment

• Consumer Medical Devices

Chapters specific to these segments identify connector content and opportunities, as well as:

• Market Conditions

• Market Drivers

• Key Players

• Technology

• Applications / Equipment Types

The world market for connectors in the Medical Electronics market in 2009, reached $1158.4 million. Many of the medical market segments were impacted by the recessionary economic environment in 2009. Severe cost restraints on global health care systems caused delayed purchases of equipment. This is reflected in the -6.0% decrease of sales from 2008 to 2009.

While the market is slowly rebounding in 2010, the long-term outlook for medical electronics remains good and highly encouraging for connector manufacturers. Although the development of new technologies is always an issue to take into account when investing in specific markets, it looks like a safe bet that most market segments within medical electronics will flourish.

Taking existing market trends and the current outlook for Medical Electronics into consideration, the worldwide connector market is forecast to grow to $1739.2 million in 2014, representing a five-year annual growth rate of 8.5 percent. China is, by far, the fastest growing region at 21.8 percent. This is due to the move of product manufacturing to China, in addition to their growing domestic market. North America is the slowest growing region at 6.0 percent.

World Medical Electronics Market Connector Sales
by Medical Equipment Market Segment ($ Millions)