Medical Tubing Market - Trends Forecast Till 2028

Medical Tubing Market, by Material (Plastics, Rubbers, Specialty Polymers), Application (Bulk Disposable Tubing, Catheters & Cannulas, Drug Delivery Systems, and Special Applications), Structure and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: November, 2021

Base Year Estimate: 2020

Report ID: D-CM-MTM-370

Format:  

Number of Pages: 260

Domain: Chemicals & Materials

Medical Tubing Market – Trends Forecast Till 2028

The global Medical Tubing market size is projected to reach USD 8 billion by 2026 at a CAGR of 10.0% from USD 5 billion in 2021 during the forecast period 2021-2028.

Medical tubing are tubes of various tubes made up of primarily plastics of various kinds in accordance to the application. The common applications of these tubing’s are intravenous, in ventilators, in devices assisting in deliveries and ither medical devices. The purpose of these tubing’s is to administer fluids into or outside the body or to allow the flow of gas. The common range of size is from 0.031-inch (0.8 mm) inner diameter by 0.156-inch (4 mm) outer diameter to 0.750-inch (19.1mm) inner diameter by 1-inch (25.4 mm) outer diameter.

With the increase in geriatric population along with the recent trend of minimal invasive surgeries along with increased trend for disposal tube based medical devices are some of the factors that have supported long-term expansion for Medical Tubing Market.

The COVID-19 pandemic had a positive impact on the medical industry and medical tubing industry is no exception. The market saw an exponential growth during the pandemic. The requirement of drug delivery, and various tubes like IV tubes, respiratory tubes has increased to various folds.

Medical Tubing Market Report

APAC is expected to be the largest market during the forecast period. The increasing demand from the end user industry along with various exclusive applications have led to growth in the medical tubing market in the region.

Medical Tubing Market is segmented into Materials, Structure, Application and geography.

On the basis of 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)

On the basis of Structure

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

On the basis of Application

  • Bulk disposable tubing
  • Catheters & cannulas
  • Drug delivery system
  • Special applications

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Medical Tubing Market Primary Respondent

 

Key Players

  • Saint-Gobain
  • Freudenberg Medical LLC.
  • W.L. Gore and Associates Inc
  • Avient Corporation
  • Raumedic AG
  • Lubrizol Corporation
  • Elkem ASA
  • Dow Corning Corporation
  • Nordson Coporation
  • Teknor Apex
  • Optinova

Recent Developments

  • In September 2020, Saint-Gobain SA took over MS Techniques and Transluminal, which is a designer and extrusion of high-precision thermoplastic which are minimally invasive catheter solutions.
  • In May 2021, Freudenberg Medical, LLC expandes to various geographic locations in Alajuela, Costa Rica.with this expansion the company was able to add a total of 8,600 square feet of facility area was added to the existing facility.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Medical Tubing market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 5 billion

Growth Rate

CAGR of 10.0% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

Materials, Structure, Application and geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Saint-Gobain, Freudenberg Medical LLC., W.L. Gore and Associates Inc, Avient Corporation, Raumedic AG, Lubrizol Corporation, Elkem ASA, Dow Corning Corporation, Nordson Corporation, Teknor Apex, and Optinova

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