Medical Grade Tubing Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, By Material (Fluoropolymers, Polyolefins, Silicone, Poly Vinyl Chloride, Others), By Product (Single Lumen Tubing v/s Multi-Lumen Tubing), By Application (Abrasion Protection, Bulk Disposable Tubing, Catheters, Others), By End Use (Medical, Bio-Pharmaceutical & Life Science, Clinical Testing),
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationMedical Grade Tubing Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, By Material (Fluoropolymers, Polyolefins, Silicone, Poly Vinyl Chloride, Others), By Product (Single Lumen Tubing v/s Multi-Lumen Tubing), By Application (Abrasion Protection, Bulk Disposable Tubing, Catheters, Others), By End Use (Medical, Bio-Pharmaceutical & Life Science, Clinical Testing),
The global medical grade tubing market is projected to increase at an impressive rate through 2027. Medical-grade tubing is a medical accessory that commonly serves as a distribution channel for additional equipment and support access devices in ventilators and IVs. It is used for delivering fluids, small medical devices, and gases to a different part of bodies. Owing to the characteristics such as flexibility, lubricity, clarity, resistance to kinking, and the capacity for maintaining precise tolerances makes a medical-grade tube an ideal material used for medical treatment purposes.
Growing demand from medical purposes of medical tubing for fluid control and drainage, anesthesia and breathing apparatus, IVs, catheters, peristaltic pumps, and bio-pharmaceutical laboratories is influencing the market growth. Apart from these, the rise in medical cases and diseases such as heart disease, cancer, lungs problem, and diabetes is projected to propel the growth of The medical grade tubing market.
Increasing Prevalence of Diseases and to Drive the Market Growth
Medical problems related to malnutrition are expected to rise due to the rise in scarcity of food and proper diet. Apart from these increase in accidents, and chronic diseases is expected to rise due to unhealthy lifestyles. The above factor is propelling the market growth of medical-grade tubing market. The growing spending on medical treatment is expected to increase in coming years which in turn is expected to bolster the demand for medical grade tubing market.
The increase in population led to a rising number of surgeries and treatments due to different factors such as organ-related problems, old age-related problems, malnutrition, and others. According to a report published by the World Bank in 2022, global population in 2021 was 7.84 billion and is expected to rise further in the projected period.
Growing demand from Bio-Pharmaceutical industries for the transfer of highly pure liquids from one place to another, for example, from tank to tank, from tank to filling machine, part of a disposable container or bioreactor. Moreover, pollution-related issues, change in eating habit, and ongoing innovation is influencing the market growth. Thus, the need for the global medical-grade tubing market is expected to rise in the forecast period.
Bleak Production Regulatory is Impeding the Market Growth
Delays in regulatory approval increase the overall development progress, negatively impacting investment in healthcare product development. The market is constantly undergoing innovation or development to deal with issues such as biocompatibility and technical effect. In addition, FDA regulation, regulation of plastic products, and changes in oil prices are hindering the growth of medical-grade tubing.
Increasing Opportunity from Developing Nations to Drive Growth
Initiatives such as Health Innovative Technology (GHIT) and others by international bodies or governments are influencing the demand for medical-grade tubing. There is considerable scope for medical-grade tubing in developing countries. Countries such as China, India, Brazil, and Mexico have population with high prevalence and incidence of cardiovascular diseases, leading to the inclusion of medical-grade interventional tubes for various treatments, which would stir the overall market for medical-grade tubes in these emerging countries.
Download Free Sample Report
Market Segmentation
The global medical grade tubing market is segmented based on
Market Players
B. Braun Melsungen AG, Cook Group Incorporated, Trelleborg Group, Nordson Corporation, A.P. Extrusion Incorporated, AP Technologies Group Pte Ltd., ATAG SpA, ASAHITEC Corporation, FBK Medical Tubing Inc., Optinova Group are the leading companies operating in the global medical grade tubing market.
|
Attribute |
Details |
|
Base
Year |
2021 |
|
Historic
Data |
2017 –
2020 |
|
Estimated
Year |
2022 |
|
Forecast
Period |
2023 – 2027 |
|
Quantitative
Units |
Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
|
Report
coverage |
Revenue
forecast, company share, competitive landscape, growth factors, and trends |
|
Segments
covered |
·
Material ·
Product ·
Application ·
End Use |
|
Regional
scope |
North
America; Asia Pacific; Europe & CIS; South America; Middle East &
Africa |
|
Country
scope |
United States; Canada; Mexico; China; India; Japan; Australia;
South Korea; Germany; France; United Kingdom; Spain; Italy; Brazil;
Argentina; Colombia; South Africa; UAE; Saudi Arabia. |
|
Key
companies profiled |
B.
Braun Melsungen AG, Cook Group Incorporated, Trelleborg Group, Nordson
Corporation, A.P. Extrusion Incorporated, AP Technologies Group Pte Ltd.,
ATAG SpA, ASAHITEC Corporation, FBK Medical Tubing Inc., Optinova Group. |
|
Customization
scope |
10% free report customization with purchase. Addition or
alteration to country, regional & segment scope. |
|
Pricing
and purchase options |
Avail
customized purchase options to meet your exact research needs. Explore purchase options |
|
Delivery
Format |
PDF and Excel through
Email (We can also provide the editable version of the report in PPT/Word
format on special request) |
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy