Updated: November 20th, 2019

Technological advancements throughout the medical market are dramatically enhancing the quality and accessibility of diagnostic information, improving patient treatment, and reducing infection rates. To support this rapidly evolving market, suppliers are being challenged to develop smaller, lighter, higher-speed, and higher-density medical connectors capable of handling big data, meeting demanding cost targets, and delivering additional capabilities, such as robust sealing.

Global Medical Market Conditions

Medical markets have taken a beating over the last couple of years. Efforts to constrain costs have put a lot of pressure on hospitals and outpatient facilities to restrain from buying new equipment. There is also a strong trend toward the consolidation of facilities and medical groups to offer better services more economically. Further, a vast proportion of medical personnel¬†and capital expenditures are focused on how to get paid for the exams they perform. Much of this effort can be seen in the IT infrastructure that’s been dev