Asia Pacific Advanced Medical Stopcock Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Low-Pressure Stopcock, Medium-Pressure Stopcock, and High-Pressure Stopcock) and End User (Hospitals & Clinics, Ambulatory Surgical Centers, and Homecare)
The Asia Pacific advanced medical stopcock market is expected to grow from US$ 167.48 million in 2022 to US$ 225.94 million by 2028; it is estimated to record a CAGR of 5.1% from 2022 to 2028.
Mounting Medical Device Industry to Fuel Asia Pacific Advanced Medical Stopcock Market Growth During Forecast Period
The medical devices industry is growing due to the rising adoption of advanced medical device technologies, growing digitalization of medical devices, increasing emphasis on improving treatment outcomes, growing number of major medical device manufacturers, and rising prevalence of chronic diseases. The industry drives the country's economic growth by creating high-paying manufacturing jobs and exporting medical devices to other countries across APAC.
In Asia Pacific, the medical device industry remains a lucrative investment sector. According to Asia Pacific Med, the Asia Pacific medical device industry is driven by high healthcare costs, rising aging population, growing prevalence of chronic diseases, and surging population of ever-discerning healthcare consumers. Thus, the healthcare sector in Asia Pacific is likely to achieve unprecedented growth, which will boost the medical device market in the region.
The growing medical device industry is expected to increase the adoption of various medical devices, including advanced medical stopcocks, which will drive the Asia Pacific advanced medical stopcock market growth in the coming years.
Asia Pacific Advanced Medical Stopcock Market Overview
The Asia Pacific advanced medical stopcock market is segmented into China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific. China held the largest market share in 2021, and India is expected to record a significant growth rate in the market during the forecast period. The market growth in these countries is attributed to the increasing prevalence of chronic diseases, rising geriatric population, and the growing demand for IV therapies. Moreover, expansion and product launch strategies implemented by market players are expected to bolster the growth of the advanced medical stopcock market in the region in the coming years.
Asia Pacific Advanced Medical Stopcock Market Revenue and Forecast to 2028 (US$ Million)
Get more information on this report :
Asia Pacific Advanced Medical Stopcock Market Segmentation
The Asia Pacific advanced medical stopcock market is segmented based on type, end user, and country. Based on type, the Asia Pacific advanced medical stopcock market is segmented into low-pressure stopcock, medium-pressure stopcock, and high-pressure stopcock. The low-pressure stopcock segment held the largest market share in 2022.
Based on end user, the Asia Pacific advanced medical stopcock market is segmented into hospitals & clinics, ambulatory surgical centers, and homecare. The hospitals & clinics segment held the largest market share in 2022.
Based on country, the Asia Pacific advanced medical stopcock market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific advanced medical stopcock market share in 2022.
B. Braun SE; Smiths Medical Inc; Nipro Corp; Elcam Medical Group Co.; Merit Medical Systems Inc.; Nordson Corp; Cook Medical LLC; and Utah Medical Products Inc. are the leading companies operating in the Asia Pacific advanced medical stopcock market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Asia Pacific Advanced Medical Stopcock Market – By Type
1.3.2 Asia Pacific Advanced Medical Stopcock Market – By End User
1.3.3 Asia Pacific Advanced Medical Stopcock Market – By Country
2. Advanced Medical Stopcock Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Advanced Medical Stopcock Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Asia Pacific PEST Analysis
4.3 Experts Opinion
5. Asia Pacific Advanced Medical Stopcock Market– Key Market Dynamics
5.1 Market Drivers
5.1.1 Developing Incidence of Chronic Diseases and Increasing Geriatric Population
5.1.2 Flow in Number of Surgical Procedures
5.2 Market Restraints
5.2.1 Safety Concerns About Stopcocks
5.3 Market Opportunities
5.3.1 Mounting Medical Device Industry
5.4 Future Trends
5.4.1 IV Therapy
5.5 Impact Analysis
6. Advanced Medical Stopcock Market– Asia Pacific Analysis
6.1 Asia Pacific Advanced Medical Stopcock Market Revenue Forecast and Analysis
7. Asia Pacific Advanced Medical Stopcock Market – Revenue and Forecast to 2028 – by Type
7.1 Overview
7.2 Advanced Medical Stopcock Market Revenue Share, by Type 2021 & 2028 (%)
7.3 Low-Pressure Stopcock
7.3.1 Overview
7.3.2 Low-Pressure Stopcock: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Medium-Pressure Stopcock
7.4.1 Overview
7.4.2 Medium-Pressure Stopcock: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
7.5 High-Pressure Stopcock
7.5.1 Overview
7.5.2 High-Pressure Stopcock: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
8. Asia Pacific Advanced Medical Stopcock Market Analysis and Forecast to 2028 – by End User
8.1 Overview
8.2 Advanced Medical Stopcock Market, by End User 2021 & 2028 (%)
8.3 Hospitals & Clinics
8.3.1 Overview
8.3.2 Hospitals & Clinics: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Ambulatory Surgical Centers
8.4.1 Overview
8.4.2 Ambulatory Surgical Centers: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Homecare
8.5.1 Overview
8.5.2 Homecare: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
9. Asia Pacific Advanced Medical Stopcock Market – Revenue and Forecast to 2028 – by Country Analysis
9.1 Asia Pacific: Advanced Medical Stopcock Market
9.1.1 Overview
9.1.2 Asia Pacific: Advanced Medical Stopcock Market, by Country, 2021 & 2028 (%)
9.1.2.1 China: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.1 Overview
9.1.2.1.2 China: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.3 China: Advanced Medical Stopcock Market, by Type, 2019–2028 (US$ Million)
9.1.2.1.4 China Advanced Medical Stopcock Market, by End User, 2019–2028 (US$ Million)
9.1.2.2 Japan: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.1 Overview
9.1.2.2.2 Japan: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.3 Japan: Advanced Medical Stopcock Market, by Type, 2019–2028 (US$ Million)
9.1.2.2.4 Japan: Advanced Medical Stopcock Market, by End User, 2019–2028 (US$ Million)
9.1.2.3 India: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.1 Overview
9.1.2.3.2 India: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.3 India: Advanced Medical Stopcock Market, by Type, 2019–2028 (US$ Million)
9.1.2.3.4 India: Advanced Medical Stopcock Market, by End User, 2019–2028 (US$ Million)
9.1.2.4 South Korea: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.4.1 Overview
9.1.2.4.2 South Korea: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.4.3 South Korea: Advanced Medical Stopcock Market, by Type, 2019–2028 (US$ Million)
9.1.2.4.4 South Korea: Advanced Medical Stopcock Market, by End User, 2019–2028 (US$ Million)
9.1.2.5 Australia: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.5.1 Overview
9.1.2.5.2 Australia: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.5.3 Australia: Advanced Medical Stopcock Market, by Type, 2019–2028 (US$ Million)
9.1.2.5.4 Australia: Advanced Medical Stopcock Market, by End User, 2019–2028 (US$ Million)
9.1.2.6 Rest of Asia Pacific: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.6.1 Overview
9.1.2.6.2 Rest of Asia Pacific: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.6.3 Rest of Asia Pacific: Advanced Medical Stopcock Market, by Type, 2019–2028 (US$ Million)
9.1.2.6.4 Rest of Asia Pacific: Advanced Medical Stopcock Market, by End User, 2019–2028 (US$ Million)
10. Advanced Medical Stopcock Market–Industry Landscape
10.1 Overview
10.2 Growth Strategies in the Advanced Medical Stopcock Market
10.3 Inorganic Growth Strategies
10.3.1 Overview
10.4 Organic Growth Strategies
10.4.1 Overview
11. Company Profiles
11.1 B. Braun SE
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Smiths Medical Inc
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Nipro Corp
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Elcam Medical Group Co
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Merit Medical Systems Inc
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Nordson Corp
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Cook Medical LLC
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Utah Medical Products Inc
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. China Advanced Medical Stopcock Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 2. China Advanced Medical Stopcock Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 3. Japan Advanced Medical Stopcock Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Japan Advanced Medical Stopcock Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 5. India Advanced Medical Stopcock Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. India Advanced Medical Stopcock Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 7. South Korea Advanced Medical Stopcock Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. South Korea Advanced Medical Stopcock Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 9. Australia Advanced Medical Stopcock Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. Australia Advanced Medical Stopcock Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of Asia Pacific Advanced Medical Stopcock Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of Asia Pacific Advanced Medical Stopcock Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 13. Recent Inorganic Growth Strategies in the Advanced Medical Stopcock Market
Table 14. Recent Organic Growth Strategies in the Advanced Medical Stopcock Market
Table 15. Glossary of Terms
LIST OF FIGURES
Figure 1. Asia Pacific Advanced Medical Stopcock Market Segmentation
Figure 2. Asia Pacific Advanced Medical Stopcock Market – By Country
Figure 3. Asia Pacific Advanced Medical Stopcock Market Overview
Figure 4. Low-Pressure Stopcocks Segment Held Largest Share by Type of Advanced Medical Stopcock Market
Figure 5. China to Show Significant Growth During Forecast Period
Figure 7. Asia Pacific: PEST Analysis
Figure 8. Asia Pacific Experts Opinion
Figure 9. Asia Pacific Advanced Medical Stopcock Market: Impact Analysis of Drivers and Restraints
Figure 10. Asia Pacific Advanced Medical Stopcock Market– Revenue Forecast and Analysis – 2020 - 2028
Figure 11. Asia Pacific Advanced Medical Stopcock Market Revenue Share, by Type 2021 & 2028 (%)
Figure 12. Low-Pressure Stopcock: Asia Pacific Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Medium-Pressure Stopcock: Asia Pacific Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. High-Pressure Stopcock: Asia Pacific Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Asia Pacific Advanced Medical Stopcock Market, by End User 2021 & 2028 (%)
Figure 16. Hospitals & Clinics: Asia Pacific Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Ambulatory Surgical Centers: Asia Pacific Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Homecare: Asia Pacific Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Asia Pacific: Advanced Medical Stopcock Market, by Key Country – Revenue (2021) (US$ Million)
Figure 20. China: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Japan: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. India: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. South Korea: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Australia: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Rest of Asia Pacific: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Growth Strategies in the Advanced Medical Stopcock Market
- B. Braun SE
- Smiths Medical Inc
- Nipro Corp
- Elcam Medical Group Co.
- Merit Medical Systems Inc.
- Nordson Corp
- Cook Medical LLC
- Utah Medical Products Inc
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific advanced medical stopcock market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific advanced medical stopcock market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific advanced medical stopcock market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution