PUBLISHER: QYResearch | PRODUCT CODE: 1065555
PUBLISHER: QYResearch | PRODUCT CODE: 1065555
Due to the COVID-19 pandemic, the global 3-Way Stopcock market size is estimated to be worth US$ 227.54 million in 2021 and is forecast to a readjusted size of US$ 385.69 million by 2028 with a CAGR of 7.51% during the review period.
The global main manufacturers of 3-Way Stopcock include Elcam Medical, Fresenius Kabi, Smiths Medical (ICU Medical), Vygon, Poly Medicure, Shunmei Medical, Mais India, B. Braun, Masterflex (Avantor), Elcam Medical, and Denex International, etc. In 2021, the global six largest players have a share approximately 47.70% in terms of revenue.
The North America 3-Way Stopcock market is estimated at US$ 75.86 million in 2021, while China is forecast to reach US$ 46.89 million by 2028. The proportion of the China is 11.05% in 2021 and it is predicted that the share will reach 12.16% in 2028, trailing a CAGR of 10.19 % through the analysis period. As for the Europe 3-Way Stopcock landscape, Germany is projected to reach US$ 38.17 million by 2028. and in Asia-Pacific, the notable markets are Japan and South Korea, CAGR is 9.05 % and 8.44 % respectively for the next 6-year period.
Non Lipid Resistant Stopcock accounting for 78.43% of the 3-Way Stopcock global market in 2021, is projected to value US$ 299.44 million by 2028, growing at a revised 9.62% CAGR in the post-COVID-19 period. While Hospital segment is altered to 7.57 % CAGR throughout this forecast period and will hold a share about 74.09% in 2028.
The global 3-Way Stopcock market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global 3-Way Stopcock market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2017-2028.