According to the recently published market research report by Inkwood Research, the Global Medical Tubing Market is expected to rise with a CAGR of 7.32% during the forecast years from 2022 to 2030, and is set to generate $27832.1 million revenue by 2030.
Browse 45 market data Tables and 44 Figures spread over 171 Pages, along with in-depth analysis on the Global Medical Tubing Market by Polymer Type, by Application, & by Geography.
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis with input from industry professionals across the value chain.
Global Medical Tubing Market Scenario
Medical plastic materials have become an integral part of medical devices since 1960 and have replaced conventional materials such as glass, metal, and rubber. Moreover, the rapid penetration of minimally invasive and single-use medical devices in the healthcare industry has further increased dependence on plastics. In addition, Polymers such as polycarbonate, fluoropolymers, and polyvinyl chloride, which are some of the raw materials, are extruded using a relevant extrusion technology for developing consumer-specific medical-grade tubes.
The cost of the chosen polymer material constitutes a large section of the production cost of the medical tube. However, the choice of extrusion technology plays a huge role for medical tube manufacturers to continually develop and produce medical-grade tubes that meet stringent environmental regulations and quality specifications. Increasing demand for high-quality tubes is driving the global medical tube market growth.
On the other hand, most manufacturers are facing disruptions in their robust supply chain after being hit by COVID-19 lockdowns. The transportation-related delays arising from travel restrictions have hugely impacted businesses worldwide.
The Global Medical Tubing Market report provides data tables and includes charts and graphs for visual analysis.
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Market by Polymer Type:
- Polyvinyl Chloride
- Other Polymer Types
Market by Application:
- Biopharmaceutical Laboratory Equipment
- Bulk Disposable Tubing
- Drug Delivery Systems
- Catheters & Cannulas
- Other Applications
– The report provides a detailed analysis of the current and future market trends to identify the investment opportunities – Market forecasts till 2030, using estimated market values as the base numbers – Key market trends across the business segments, regions, and countries – Key developments and strategies observed in the market – Market dynamics such as drivers, restraints, opportunities, and other trends – In-depth company profiles of key players and upcoming prominent players – Growth prospects among the emerging nations through 2030
- NORDSON CORPORATION
- BENTEC MEDICAL
- ZARYS INTERNATIONAL GROUP
- ZEUS INDUSTRIAL PRODUCTS INC
- MDC INDUSTRIES
- TRELLEBORG AB
- FREUDENBERG & CO KG
- NEWAGE INDUSTRIES INC
- HITACHI CABLE AMERICA INC
- SAINT-GOBAIN SEKURIT
- TE CONNECTIVITY
- DUPONT DE NEMOURS INC
- ASAHI TEC CORPORATION
GLOBAL DRUG DELIVERY MARKET – The global drug delivery market is anticipated to grow with a CAGR of 6.84% during the projected years 2022 and 2030.
GLOBAL MEDICAL AESTHETICS MARKET – The global medical aesthetics market is estimated to propel at a CAGR of 5.42% over the forecast period 2019 and 2028.
GLOBAL MEDICAL AND LAB REFRIGERATORS MARKET – The global medical and lab refrigerators market is expected to project a CAGR of 4.14% over the projected period 2021 and 2028.
GLOBAL PTCA BALLOON CATHETERS MARKET – The global PTCA balloon catheter market is projected to rise with a CAGR of 4.25% during the forecasting years
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