Medical Tubing Market Share 2022-2027 Size, Report, Industry Analysis and Global Forecast

According to the latest report by IMARC Group, titled Medical Tubing Market Size : Global Industry Trends, Share, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global medical tubing market. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The global medical tubing market reached a value of US$ 11.72 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 18.18 Billion by 2027 exhibiting a CAGR of 7.30% during 2022-2027.

Medical tubing refers to thin, hollow cylindrical pipes manufactured using polyvinyl chloride (PVC), polyethylene, thermoplastic elastomers (TPE), silicone, and fluoropolymers. It is widely used to deliver fluids to and from the body, administer devices, and facilitate gas flow. Medical tubing is also utilized for catheters, intravenous (IVs), respiratory equipment, fluid management, drainage, drug delivery systems, and anesthesiology. It has excellent strength, flexibility, durability, ability to withstand extreme mechanical requirements, and resistance to abrasion, temperature, and pressure. As a result, medical tubing finds extensive applications across hospitals, clinics, ambulatory surgical centers, and medical laboratories.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Important Attribute and highlights of the Report:

  • Detailed analysis of the global market share
  • Market Segmentation
  • Historical, current, and projected size of the market in terms of volume and value
  • Latest industry trends and developments
  • Competitive Landscape
  • Strategies of major players and product offerings

Medical Tubing Market Trends and Drivers:

The global medical tubing market is primarily driven by the growing prevalence of chronic conditions, such as cancer, respiratory diseases, and cardiovascular disorders. Additionally, the recent outbreak of coronavirus disease (COVID-19) has accelerated the hospitalization rates as it affects the lungs and causes respiratory problems.

Along with this, the increasing adoption of medical tubing in cardiac and urinary catheterization due to its time and cost efficiency has catalyzed the product demand. Furthermore, the leading manufacturers are making heavy investments toward product innovations to meet the evolving needs of the healthcare industry.

Other factors, including the escalating demand for minimally invasive surgeries (MIS), favorable government initiatives, improving healthcare infrastructure, and rising geriatric population, are also anticipated to propel the market growth.

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Global Medical Tubing Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:   

  • ATAG spa,
  • Avient Corporation,
  • Bentec Medical,
  • Hitachi Ltd.,
  • Microlumen Inc.,
  • NewAge Industries Inc.,
  • Nordson Corporation,
  • Optinova,
  • Spectrum Plastics Group,
  • TE Connectivity Ltd.,
  • Trelleborg AB
  • Vanguard Products Corporation

The report has segmented the market on the basis of region, product, structure, application and end user.

Breakup by Product:

  • Silicone
  • Polyolefins
  • Polyvinyl Chloride
  • Polycarbonates
  • Fluoropolymers
  • Others

Breakup by Structure:

  • Single-Lumen
  • Co-Extruded
  • Multi-Lumen
  • Tapered or Bump Tubing
  • Braided Tubing

Breakup by Application:

  • Bulk Disposable Tubing
  • Drug Delivery Systems
  • Catheters
  • Biopharmaceutical Laboratory Equipment
  • Others

Breakup by End User:

  • Hospitals and Clinics
  • Ambulatory Surgical Centers
  • Medical Labs
  • Others

Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

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If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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