Medical Tubing Market Trends, Size, Top Leaders, Future Scope and Outlook 2029


Posted December 4, 2023 by nirankammr

Medical Tubing Market was valued at USD 5.94 Billion in 2022, and it is expected to reach USD 11.74 Billion by 2029, exhibiting a CAGR of 10.2% during the forecast period (2023-2029)

 
Medical Tubing Market Overview

The Medical Tubing Market Report covers all the major aspects including pricing analysis, strategies, micro and macro market trends and scenarios, and short-term market circumstances, as well as an in-depth look at the main rivals. The regional insights in the report help to get the knowledge of the Medical Tubing market potential in each country.

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Medical Tubing Market Report Scope and Research Methodology

The qualitative and quantitative data provided in the report helps to understand the Medical Tubing market segments, regions that are expected to grow at a faster pace, factors affecting the market, and key opportunities. The report also provides a competitive landscape of the global Medical Tubing market, allowing you to understand the competition at both domestic and global levels. The Medical Tubing market players included in the report are reviewed based on key factors such as company size, market share, market growth, revenue, production, and profitability. Porter's and PESTLE analyses were used to identify the macroeconomic and microeconomic factors that influence Medical Tubing market growth.

The Medical Tubing market report provides in-depth insights into the latest trends, dynamics, regional perspectives, and competitive scenarios, as well as a list of key players. The Medical Tubing market research identifies the most important trends that are expected to impact the industry during the forecast period. This information is used to determine the competitive landscape of key players and factors affecting the Medical Tubing market.

Medical Tubing Market Dynamics:

Increase in geriatric population: The ageing population has greatly increased the need for medical equipment that utilise tubing, hence boosting the medical tubing market. According to the United Nations (UN) Globe Populations Ageing report 2022, the world has an estimated 727 million individuals aged 65 and more. This figure is estimated to more than double by 2050. The majority of the increase in the ageing population is seen in developing countries, whereas it is mild in developed countries. China, India, the United States, Indonesia, Brazil, and Nigeria are estimated to have the most people by 2050. These countries' life expectancy is increasing as their healthcare systems improve. The need for portable, lightweight medical equipment and tubes will rise as a result of this demographic shift. In these regions, the usage of devices such as home care equipment, patient monitoring equipment, and enteral tube feeding equipment will expand at a rapid pace. The need for tubes and equipment connected to cardiovascular and respiratory disorders is expected to rise as well.


Medical Tubing Market Regional Insights

Geographically, the report is segmented into several countries, including North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.

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Medical Tubing Market Segmentation

by Material

Plastics
Polyvinyl chloride (PVC)
Polyolefin
Polyethylene (PE)
Polypropylene (PP)
Polyamide
Polyterafluoroethylene (PTFE)
Poly ether ether ketone (PEEK)
Perfluoroalkoxy (PFA)
Polycarbonate (PC)
Rubbers
Thermoplastic elastomer (TPE)
Thermoplastic polyurethane (TPU)
Silicone
Polyurethane (PU)
Ethylene propylene diene monomer (EPDM)
Latex
Specialty Polymers
Bioabsorbable polymer
Ethylene vinyl acetate (EVA)

by Structure

Single-lumen
Co-extruded
Multi-lumen
Tapered or Bump tubing
Braided tubing

by Application

Bulk disposable tubing
Catheters & cannulas
Drug delivery system
Special applications

Medical Tubing Market Key Players

1. Zeus Industrial Products
2. Saint-Gobain Performance Plastics
3. Teleflex
4. Optinova
5. Lubrizol (Vesta)
6. Nordson Corporation
7. Putnam Plastics
8. Raumedic
9. Tekni-Plex
10. W.L.Gore& Associates (Fermatex Vascular Technology)
11. Ap Technologies
12. A.P. Extrusion
13. B. Braun
14. Cook Medical
15. FBK Medical Tubing, Inc.
16. Freudenberg Group
17. Grayline
18. LVD Biotech
19. MDC Industries
20. Medtronics
21. Microlumen
22. Nusil Technology
23. Polyzen
24. TE Connectivity
25. Teel Plastics Inc.

Key questions answered in the Medical Tubing Market are:

What is the expected Medical Tubing market size by the end of the forecast period?
What are the global trends in the Medical Tubing Market?
What are the upcoming industry applications and trends for the Medical Tubing Market?
What are the factors contributing to the final price of Medical Tubing ?
What are the recent industry trends that can be implemented to generate additional revenue streams for Medical Tubing Market?
How is the intervention from regulatory authority is shaping the Medical Tubing Market?
What growth strategies are the players considering to increase their presence in Medical Tubing Market?
Who are the leading companies and what are their portfolios in Medical Tubing Market?
What are the major challenges that the Medical Tubing Market could face in the future?
Who held the largest market share in Medical Tubing Market?
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Key Offerings:

A detailed Market Overview
Market Share, Size & Forecast by Revenue | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by segments and sub-segments
Regional Insights
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
Industry Recommendations
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Last Updated December 4, 2023