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Medical Tubing Market Growth, Trends, Industry Statistics 2022-2030

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The global medical tubing market size is expected to be worth around US$ 25.36 billion by 2030, according to a new report by Vision Research Reports.

The global medical tubing market size was valued at US$ 13.9 billion in 2020 and is anticipated to grow at a CAGR of 8.0% during forecast period 2021 to 2030.

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Report Coverage

Report Scope Details
Market Size US$ 25.36 billion by 2030
Growth Rate CAGR of 8.0% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Product, application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Asahi Tec Corp.; MDC Industries; Nordson Corp.; ZARYS International Group; Hitachi Cable America, Inc.; NewAge Industries, Inc.; TE Connectivity; Freudenberg & Co. KG; Spectrum Plastics Group; ATAG SpA; Saint-Gobain; Bentec Medical; Trelleborg AB; MicroLumen, Inc.; Optinova; Vanguard Products Corp.

Growth Factors

 Rising access to healthcare supplies worldwide, easy availability of cost-competitive medical-grade plastics, and increasing demand for medical devices that integrate tubing are the major factors driving the market. Increasing consciousness about Hospital-Acquired Infections (HAIs) along with increasing concerns about the spread of these infections are anticipated to boost the demand for disposable medical devices. Rising strategic alliances within the medical equipment industry across the globe are expected to drive the market.

OEMs demand medical tubing solutions that are easier to replace and reduce the risks of drug contamination and infection. A wide variety of specialized tubes, such as braided, balloons, and multi-layer, are introduced by key manufacturers to meet the varied requirements of end-users. Key manufacturers are setting up new manufacturing plants to increase the production capacity.

By Product Analysis

The Polyvinyl Chloride (PVC) segment led the market and accounted for more than 29.5% of the global revenue share in 2020. The increasing adoption of single-use pre-sterilized medical devices has led to the increased demand for PVC-based medical devices. PVC can also be sterilized using irradiation and ethylene oxide sterilization methods.

Polyolefins are highly used in diameter medical tube devices as they require materials with a unique combination of strength and flexibility.

Silicone is estimated to register the second-fastest CAGR of 7.7% from 2020 to 2030. Silicone medical tubing is used in medical implants, feeding tubes, and catheters where biocompatibility is important

The demand for polycarbonates is witnessing significant growth as they can be sterilized using all major methods, such as irradiation (both gamma and electron-beam), ethylene oxide, and steam autoclaving, which gives the device manufacturer broad flexibility in determining the most cost-efficient method for a product.

By Application Analysis

The bulk disposable tubing segment led the market in 2020 and accounted for more than 35% share of the global revenue. Bulk disposable devices include surgical instruments, urological products, syringes, and needles.

Catheters are narrow tubes composed of medical-grade materials that serve a variety of roles in medical applications. They are introduced into the body of patients to treat diseases or to perform surgeries.

The drug delivery systems segment is expected to register the fastest CAGR of more than 9% from 2020 to 2030. Various types of drug delivery systems, such as injectable, respiratory, and connected drug delivery systems, use medical tubes to deliver the drugs to the target location.

The demand for diagnostic equipment is experiencing fast-paced growth to detect and mitigate diseases in the initial stages. Pneumatic tubes and blood collection tubes&equipment are expected to witness significant demand over the forecast period.

By Regional Analysis

North America led the market in 2020 and accounted for more than 37% of the global revenue. North America is anticipated to maintain its leading position throughout the forecast period as the U.S has kept its R&D tax credit low.

The well-established medical infrastructure and increasing healthcare expenditures are expected to drive the product demand in Europe. Steady demand for minimally invasive and diagnostic equipment, which use medical tubes, is also anticipated to boost the market growth over the forecast period.

Key Players

  • Asahi Tec Corp.
  • MDC Industries
  • Nordson Corp.
  • ZARYS International Group
  • Hitachi Cable America Inc.
  • NewAge Industries, Inc.
  • TE Connectivity
  • Freudenberg & Co. KG
  • Spectrum Plastics Group
  • ATAG SpA
  • Saint-Gobain
  • Bentec Medical
  • Trelleborg AB
  • MicroLumen, Inc.
  • Optinova
  • Vanguard Products Corp.

Market Segmentation

  • By Product
    • Silicone
    • Polyolefins
    • Polyvinyl Chloride
    • Polycarbonates
    • Fluoropolymers
    • Others
  • By Application
    • Bulk Disposable Tubing
    • Drug Delivery Systems
    • Catheters
    • Biopharmaceutical Laboratory Equipment
    • Others
  • Regional
    • North America
      • U.S.
      • Canada
      • Mexico
    •  Europe
      • Germany
      • U.K.
      • France
      • Russia
      • Spain
      • Italy
      • The Netherlands
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia
      • Singapore
      • South Korea
    • Central & South America
      • Brazil
    • Middle East & Africa
      • South Africa

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Medical Tubing Market, By Product

7.1.  Medical Tubing Market, by Product, 2021-2030

7.1.1.    Silicone

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Polyolefins

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Polyvinyl Chloride

7.1.3.1.        Market Revenue and Forecast (2017-2030)

7.1.4.    Polycarbonates

7.1.4.1.        Market Revenue and Forecast (2017-2030)

7.1.5.    Polycarbonates

7.1.5.1.        Market Revenue and Forecast (2017-2030)

7.1.6.    Fluoropolymers

7.1.6.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Medical Tubing Market, By Application

8.1.  Medical Tubing Market, by Application, 2021-2030

8.1.1.    Bulk Disposable Tubing

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Drug Delivery Systems

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Catheters

8.1.3.1.        Market Revenue and Forecast (2017-2030)

8.1.4.    Biopharmaceutical Laboratory Equipment

8.1.4.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Medical Tubing Market, Regional Estimates and Trend Forecast

9.1.  North America

9.1.1.    Market Revenue and Forecast, by Product (2017-2030)

9.1.2.    Market Revenue and Forecast, by Application (2017-2030)

9.1.3.    U.S.

9.1.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.1.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.1.4.    Rest of North America

9.1.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.1.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.  Europe

9.2.1.    Market Revenue and Forecast, by Product (2017-2030)

9.2.2.    Market Revenue and Forecast, by Application (2017-2030)

9.2.3.    UK

9.2.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.4.    Germany

9.2.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.5.    France

9.2.5.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.6.    Rest of Europe

9.2.6.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.  APAC

9.3.1.    Market Revenue and Forecast, by Product (2017-2030)

9.3.2.    Market Revenue and Forecast, by Application (2017-2030)

9.3.3.    India

9.3.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.4.    China

9.3.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.5.    Japan

9.3.5.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.6.    Rest of APAC

9.3.6.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.  MEA

9.4.1.    Market Revenue and Forecast, by Product (2017-2030)

9.4.2.    Market Revenue and Forecast, by Application (2017-2030)

9.4.3.    GCC

9.4.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.4.    North Africa

9.4.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.5.    South Africa

9.4.5.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.6.    Rest of MEA

9.4.6.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.5.  Latin America

9.5.1.    Market Revenue and Forecast, by Product (2017-2030)

9.5.2.    Market Revenue and Forecast, by Application (2017-2030)

9.5.3.    Brazil

9.5.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.5.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.5.4.    Rest of LATAM

9.5.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.5.4.2.        Market Revenue and Forecast, by Application (2017-2030)

Chapter 10.  Company Profiles

10.1.              Asahi Tec Corp.

10.1.1.  Company Overview

10.1.2.  Product Offerings

10.1.3.  Financial Performance

10.1.4.  Recent Initiatives

10.2.              MDC Industries

10.2.1.  Company Overview

10.2.2.  Product Offerings

10.2.3.  Financial Performance

10.2.4.  Recent Initiatives

10.3.              Nordson Corp.

10.3.1.  Company Overview

10.3.2.  Product Offerings

10.3.3.  Financial Performance

10.3.4.  Recent Initiatives

10.4.              ZARYS International Group

10.4.1.  Company Overview

10.4.2.  Product Offerings

10.4.3.  Financial Performance

10.4.4.  Recent Initiatives

10.5.              Hitachi Cable America Inc.

10.5.1.  Company Overview

10.5.2.  Product Offerings

10.5.3.  Financial Performance

10.5.4.  Recent Initiatives

10.6.              NewAge Industries, Inc.

10.6.1.  Company Overview

10.6.2.  Product Offerings

10.6.3.  Financial Performance

10.6.4.  Recent Initiatives

10.7.              TE Connectivity

10.7.1.  Company Overview

10.7.2.  Product Offerings

10.7.3.  Financial Performance

10.7.4.  Recent Initiatives

10.8.              Freudenberg & Co. KG

10.8.1.  Company Overview

10.8.2.  Product Offerings

10.8.3.  Financial Performance

10.8.4.  Recent Initiatives

10.9.              Spectrum Plastics Group

10.9.1.  Company Overview

10.9.2.  Product Offerings

10.9.3.  Financial Performance

10.9.4.  Recent Initiatives

10.10.           ATAG SpA

10.10.1.               Company Overview

10.10.2.               Product Offerings

10.10.3.               Financial Performance

10.10.4.               Recent Initiatives

Chapter 11.  Research Methodology

11.1.              Primary Research

11.2.              Secondary Research

11.3.              Assumptions

Chapter 12.  Appendix

12.1.              About Us

12.2.              Glossary of Terms

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