Global Medical Tubing
Market Report
2024
The Medical Tubing market was valued at USD 5.36 billion in 2022 and will reach USD 11.34 billion by 2030, registering a CAGR of 9.8 % for the forecast period 2023-2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Medical Tubing Market Report 2024.
The Medical Tubing market was valued at USD 5.36 billion in 2022 and will reach USD 11.34 billion by 2030, registering a CAGR of 9.8 % for the forecast period 2023-2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Medical Tubing Market Sales Revenue 2022 | $ 5.36 Billion |
Global Medical Tubing Market Sales Revenue 2030 | $ 11.34 Billion |
Global Medical Tubing Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.8% |
Market Split by Material |
|
Market Split by Application |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Key Qualitative Information Covered |
|
Report scope is customizable as we have a huge database of Medical Tubing industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Medical Tubing Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Medical tubing is made up of silicon, EPDM, polypropylene, PVC, or polyethylene. Medical tubing has a wide range of applications in healthcare and medical devices. It is employed in drug delivery systems, bulk disposable tubing, catheters and cannulas, and other special applications. These tubes are made with specific characteristics to meet the requirements of each application. Medical tubes are non-toxic and are visible to the X-ray. Increasing the geriatric population, increasing the number of surgeries, and newly introducing advanced robotic surgeries are anticipated to drive the market demand for medical tubes.
Minimal invasive medical procedure involves using natural body opening or small incision to perform a diagnostic. It takes a short recovery time and reduces post-operations pains. Minimal-invasive techniques eliminate complications and lower the risk of surgery. Medical tubing plays a vital role in such surgery medical tubing allows the medical devices to be maneuvered through small incisions. This is essential in endoscopy, laparoscopy, and cathered based interventions. Laparoscopic surgeries are increasing day by day. For instance, according to Cleveland Clinic, 13 million laparoscopic procedures are performed globally every year. Therefore, increasing number of surgeries while demand for minimally invasive medical procedure anticipated the growth of medical tubing.
The development of new medical tubing involves extensive research, testing, and validation which can be costly and time-consuming. The medical tubing must comply with strict regulatory standards set by organizations such as US Food and Drug Administration, and the European Medical Agency. The significant cost associated with obtaining regulatory approvals and conducting clinical trials. Therefore, market growth for medical tubing may be restrained by above mention factors.
The outbreak of Covid-19 has witnessed a negative impact on the medical tubing market. The governments of many regions across the globe have announced lockdowns to prevent the spread of the COVID-19 virus. These regulations stopped the import and export of raw materials and logistics. The lockdown disrupted the manufacturing of various end-use industries which negatively impacted the Medical Tubing market. As the outbreak of the virus was from China, the Asia-Pacific region has to face major problems regarding manufacturing which altogether hindered the growth of the market in the Asia-Pacific region.
Post-pandemic all the activities resumed and witnessed a positive impact. The problems related to manufacturing, labour shortage, and supply chain of industries were recovered.
We have various report editions of Medical Tubing Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
Zeus Launched PTFE Sub-Lite-Wall Multi Lumen Tubing for Steerable Catheters.
Zeus has manufactured multi-lumen tubing with unique profiles and multiple working channels that run the entire length of the tubing. Zeus has now extended those multi-lumen extrusion capabilities to include ultra-thin walls.
(Source: https://www.prnewswire.com/news-releases/zeus-launches-ptfe-sub-lite-wall-multi-lumen-tubing-for-steerable-catheters-301470439.html )
Top Companies Market Share in Medical Tubing Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
Globally, the medical tubing market on the basis of region is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The largest market share of medical tubing is dominated by North America. There is a probability that North America will be dominating the medical tubing market during the projected period. Increasing geriatric population and increasing chronic kidney diseases in the United state. For instance, according to the kidney diseases statistic update of the United state, 37 million people were affected by chronic kidney disease by 2022. In addition, increasing new product launches drive the market growth for medical tubing. For instance, Argon Medical Devices, Inc launched Mini-Loop drainage catheters in the United state in 2021. Therefore, the market for medical tubes is growing in North America by above mentioned factors.
The current report Scope analyzes Medical Tubing Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Medical Tubing Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Medical Tubing Industry growth. Medical Tubing market has been segmented with the help of its Material , Application , and others. Medical Tubing market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Plastic segment is expected to hold the largest market share from the years 2023-2030
The global medical tubing market is divided into plastic, specialty chemicals rubber, and others. The plastic segment generates the largest revenue during the forecast period. This is because plastic materials such as PVC are more cost-effective than other materials. Moreover, it is visible in the X-ray. These materials are considered for safety use. Therefore, the plastic segment dominates the medical tubing market.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Medical Tubing Industry. Request a Free Sample PDF!
The catheters and cannulas segment is estimated to gain the largest share of the medical tubing market during the forecast period.
The global medical tubing market based on end-users type is classified into drug delivery systems, bulk disposable tubing, catheters and cannulas, special applications, and others. Globally, the medical tubing market is estimated to gain the largest share from the catheters and cannulas segments during the forecast period. Cather and canula are plastic tubes inserted into the body through the natural opening. It is easy to inject and withdraw. The rising chronic diseases and growing geriatric population led to increasing surgical procedures. For instance, according to a research article on the Epidemiology of Peripheral Artery Disease and Polyvascular Disease published in 2021, among the 8.5 million adults 7% are affected. Therefore, the catheters and cannulas segment are estimated to gain the largest share of the Medical Tubing market during the forecast period.
(Source: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8202714/ )
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Medical Tubing market report 2024 Edition by contacting our team.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses
I played a pivotal role in conducting market research and competitive analysis. I have a demonstrated ability to synthesize diverse data sources, identify trends, and translate findings into actionable recommendations. My collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization. I am committed to maintaining excellence through continuous learning and staying ahead of industry trends. Regular participation in conferences and professional development opportunities keeps my skills sharp and relevant.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Medical Tubing Market is witnessing significant growth in the near future.
In 2023, the Plastic segment accounted for noticeable share of global Medical Tubing Market and is projected to experience significant growth in the near future.
The Drug Delivery System segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Zeus Industrial Products, Teleflex and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Material | Plastic, Speciality Chemicals, Rubber, Others |
Application | Drug Delivery System, Bulk Disposable Tubing, Catheters and Cannulas, Special Applications, Others |
List of Competitors | Zeus Industrial Products, Saint Gobain Performance Plastics, Teleflex, Optinova, Lubrizol Vesta, Nordson Corporation, Putnam Plastics, Raumedic, Tekni Plex, W.L.Gore Associates Fermatex Vascular Technology, Ap Technologies, A.P. Extrusion, B. Braun, Cook Medical, FBK Medical Tubing Inc., Freudenberg Group, Grayline, LVD Biotech, MDC Industries, Medtronics, Microlumen, Nusil Technology, Polyzen, Teel Plastics Inc. |
This chapter will help you gain GLOBAL Market Analysis of Medical Tubing. Further deep in this chapter, you will be able to review Global Medical Tubing Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Medical Tubing Market Trends North America Medical Tubing Technological Road Map North America Medical Tubing Market Drivers North America Medical Tubing Market Restraints North America Medical Tubing Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Material Analysis 2019 -2031, will provide market size split by Material . This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Material Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Medical Tubing market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Plastic have a significant impact on Medical Tubing market? |
What are the key factors affecting the Plastic and Speciality Chemicals of Medical Tubing Market? |
What is the CAGR/Growth Rate of Drug Delivery System during the forecast period? |
By type, which segment accounted for largest share of the global Medical Tubing Market? |
Which region is expected to dominate the global Medical Tubing Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|
Published Report Editions
are Just a Tip of an Iceberg
Access the Complete Database of
Medical Tubing Market
Request Sample