Medical Tubing

Medical Tubing Market Value to Cross US$ 16.3 Billion by 2030 The medical tubing market is expected to exhibit a CAGR of 9.1% from 2021 to 2030 and is projected to reach US$ 16.3 Billion by 2030, according to a 2021 study by Precedence Research, the Canada based market insight company.

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The report contains 150+ pages with detailed analysis. The study provides the overall revenue of the global medical tubing market from 2017 to 2030, considering 2020 as the base year and 2030 as the forecast year.

The global medical tubing market research report gives a brief summary of definitions, size analysis, and place of production, sales, applications, types, and major players/key vendors of the medical tubing industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace. This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

Medical tubing can be described as a polymer-based tube manufactured by an extrusion process and employed in medication delivery systems, feeding tubes, and peristaltic pumps among others. These types of tubes have excellent chemical, thermal, and mechanical properties, and are employed in a wide array of minimally invasive crucial applications like stent delivery structures, cardiovascular catheters, drug delivery, and urological retrieval equipment’s. A tube is molded by pushing the extruded polymer over a circular die, cooling it in a water immersion and then snipping it or curving it up. The dual screw extruder is employed when the manufacturing of medical tubes needs a composite like silver salts. The creation of the tubes on a dual-screw extruder allows the amendment of the metering and the lessening of raw material stockpile. The pipes can be extruded either straightforwardly from the dual-screw extruder through a downstream melt pump, or else the dual-screw extruder can be employed as a second extruder in a co-extrusion arrangement.

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Growth Factors:

Increasing demand for medical devices, growing popularity of minimally invasive surgical procedures, increasing healthcare expenditure, and growing geriatric population are among major factors boosting growth of the global industry. Additionally, increasing prevalence of chronic ailments such as cardiovascular and urological disorders is fueling growth of the medical tubing market worldwide. Moreover, rapidly increasing awareness regarding hospital-attained infections is having positive impact on the growth of global industry. Further, increased focus on the improvement of healthcare infrastructure in developing regions and growing investment by major market players on research and development are other factors to boost growth of the global market during the forecast time frame.

Swift advances in technology have encouraged the use of plastics in an assortment of medical procedures. In the United States and Western Europe, existence of better healthcare has led to a higher share of both pediatric as well as aging populations, age groups that account for the larger part of those getting treatment by invasive and after-care practices. Together with the recent upsurge in infectious ailments, this inclination has led to a considerable increase in the usage of pre sterilized single-use medical products. Numerous medical procedures comprise the transmission of solutions to or from the patient, and use a wide variety of flexible tubing device. These factors are expected to propel the demand for extruded medical tubing products over the forecast timeframe.

Report Coverage: 

Report Highlights Details
Market Size US$ 16.3 billion by 2030
Growth Rate CAGR of 9.1% From 2021 to 2030
Base Year 2020
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Medical Condition, Application, Material Type, End-User
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)
Companies Mentioned Teleflex Incorporated, L. Gore & Associates, The Lubrizol Corporation, Saint-Gobain Performance Plastics, Zeus Industrial Products, Inc., Freudenberg Medical, Tekni-Plex, Raumedic AG, The Dow Chemical Company, Nordson Corporation

Report Highlights:

  • Based on medical condition, cardiovascular segment reported largest revenue in 2020. This is accredited to high incidence of cardiovascular disorders globally. Further, advancements in the minimally invasive surgical procedures are expected to boost the growth of the segment in the near future.
  • On the basis of application, disposable tubing accounted for the weighty share in the target industry. This is due to increasing awareness regarding hospital-acquired infections.
  • Based on end user segment, hospitals accounted for the largest revenue with significant portion in estimate period of time. Factors such as accessibility of latest equipment’s and availability of funds are driving growth of the segment.
  • Based on material type segment, polyvinyl chloride (PVC) accounted for the largest revenue share majorly due to capability of PVC to withstand medical applications.

Regional Analysis:

The report covers data for North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. In 2020, North America dominated the global market with a market share of more than 38%. United States represented the highest share in the North America region primarily due to higher healthcare spending, presence of modern healthcare set-up, and availability of latest products. Moreover, growing incidence of cardiovascular disorders in United States and Canada is expected to have positive impact on the industry growth. Asia Pacific is expected to account for the second largest share in the medical tubing industry in terms of revenue in 2020. The growth in Asia Pacific region is attributed to increasing healthcare expenditure, high prevalence of chronic ailments, and growing incidence of urological ailments. Asia Pacific is also anticipated to grow at the highest CAGR during the projected time-duration majorly due to increasing incidence of cancer and gastrointestinal ailments, growing popularity of minimally invasive surgeries, and increasing number of hospital admissions. Growth in the research and development activities is a major factor that is projected to have optimistic impact on the growth of the target industry in Asian countries.

Related Reports

  • Enteral Feeding Devices Market – The global market size is projected to hit USD 5.24 billion by 2030 from USD 2.99 billion in 2020, exhibiting CAGR of 5.9% during the estimate period 2021 to 2030.
  • Disposable Syringes Market – The global market size estimated at USD 6.38 billion in 2020 and is projected to hit around USD 11.56 billion by the end of 2030, with a noteworthy CAGR of 5.6% over forecast period 2021 to 2030.
  • Smart Healthcare Products Market – The global market size is expected to be worth around USD 85.37 billion by 2030 with a CAGR of 9.2% over forecast period 2021 to 2030. The global smart healthcare products market size was estimated at USD 44.65 billion in 2020.

Top Players Contending in the Market:

The key companies are aiming towards advanced innovations and are predictable to dominate the target market. Foremost players inspiring in the global medical tubing market are as follows:

  • Teleflex Incorporated
  • L. Gore & Associates
  • The Lubrizol Corporation
  • Saint-Gobain Performance Plastics
  • Zeus Industrial Products, Inc.
  • Freudenberg Medical
  • Tekni-Plex
  • Raumedic AG
  • The Dow Chemical Company
  • Nordson Corporation

Market Segmentation

By Medical Condition

  • Gastrointestinal
  • Cardiovascular
  • Ophthalmic
  • Urological
  • Neurovascular
  • Others

By Application

  • Drug Delivery Systems
  • Catheters
  • Special Applications
  • Disposable Tubing
  • Cannulas
  • Others

By Material Type

  • Polyethylene (PE)
  • Silicone
  • Engineering Plastics
  • Polyvinyl Chloride (PVC)
  • Polypropylene (PP)
  • Polyolefin
  • Others

By End-User

  • Ambulatory Surgical Centers
  • Hospitals
  • Others

Regional Segmentation

  • North America (U.S. and Canada)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Some of the key highlights covered in the report include:

Market Demand-Supply Analysis – The report covers detailed insights into demand and supply forces prevailing in the global medical tubing market. It examines trends and factors influencing demand for medical tubing globally and gauges the impact of the same on the production.

Pricing Analysis – The report presents an exclusive pricing analysis. It compares pricing strategies adopted by the leading market players and identifies the most remunerative strategies.

Market Segmentation – The report segments the global market in terms of diverse criteria. It identifies the leading segment within each category and identifies growth drivers and restraints affecting growth across each segment.

Regional Analysis – The report segments the market in terms of North America, Europe, Latin America, Asia Pacific, and Rest of the World in terms of region. It has chapters exclusively dedicated to analyzing growth trends across each region. It identifies growth drivers as well challenges affecting demand for medical tubing across the world.

Competitive Analysis – Some of the leading market players are profiled in the report on medical tubing. The report offers an estimation of share individually help by the market players and determines the impact of some of their popular strategies.

COVID-19 Impact Analysis – This chapter is exclusively dedicated to gauging how the market has evolved or will develop in the post-pandemic era.

Growth Recommendations – In the end, the report presents valuable recommendations to ready businesses for unforeseen challenges in the near future.

Why should you invest in this report?

If you are aiming to enter the global medical tubing market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for medical tubing are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

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. Medical Tubing Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope

Chapter 5. COVID 19 Impact on Medical Tubing Market

5.1. Covid-19: Medical Tubing Industry Impact
5.2. Medical Tubing Business Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Medical Tubing Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Medical Tubing Market Players to deal with Covid-19 Pandemic Scenario

Chapter 6. Medical Tubing Market Dynamics Analysis and Trends

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Increasing demand for medical devices
6.1.1.2. Growing popularity of minimally invasive surgical procedures
6.1.2. Market Restraints
6.1.2.1. Significant investment and time required for product development
6.1.3. Market Opportunities
6.1.3.1. Increased focus on the improvement of healthcare infrastructure in developing regions
6.1.3.2. Growing investment by major market players on research and development

Chapter 7. Global Medical Tubing Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Medical Tubing Market Revenue by Market Players (2017 – 2020)
7.1.1.2. Medical Tubing Market Revenue Market Share by Market Players (2017 – 2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geographic Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of End-users

Chapter 8. Global Medical Tubing Market, By Medical Condition

8.1. Medical Tubing Market, by Medical Condition, 2017-2030
8.1.1. Gastrointestinal
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Cardiovascular
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Ophthalmic
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Urological
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Neurovascular
8.1.5.1. Market Revenue and Forecast (2017-2030)
8.1.6. Others
8.1.6.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Medical Tubing Market, By Application

9.1. Medical Tubing Market, by Application, 2017-2030
9.1.1. Drug Delivery Systems
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Catheters
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Special Applications
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Disposable Tubing
9.1.4.1. Market Revenue and Forecast (2017-2030)
9.1.5. Cannulas
9.1.5.1. Market Revenue and Forecast (2017-2030)
9.1.6. Others
9.1.6.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Medical Tubing Market, By Material Type

10.1. Medical Tubing Market, by Material Type, 2017-2030
10.1.1. Polyethylene (PE)
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Silicone
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Engineering Plastics
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Polyvinyl Chloride (PVC)
10.1.4.1. Market Revenue and Forecast (2017-2030)
10.1.5. Polypropylene (PP)
10.1.5.1. Market Revenue and Forecast (2017-2030)
10.1.6. Polyolefin
10.1.6.1. Market Revenue and Forecast (2017-2030)
10.1.7. Others
10.1.7.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Medical Tubing Market, By End-User

11.1. Medical Tubing Market, by End User, 2017-2030
11.1.1. Ambulatory Surgical Centers
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Hospitals
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. Others
11.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 12. Global Medical Tubing Market, Regional Estimates and Trend Forecast

12.1. North America
12.1.1. Market Revenue Forecast by Medical Condition(2017-2030)
12.1.2. Market Revenue Forecast by Application (2017-2030)
12.1.3. Market Revenue Forecast by Material Type (2017-2030)
12.1.4. Market Revenue Forecast by End User (2017-2030)
12.1.5. U.S
12.1.5.1. Market Revenue Forecast (2017-2030)
12.1.6. Canada
12.1.6.1. Market Revenue Forecast (2017-2030)
12.2. Europe
12.2.1. Market Revenue Forecast by Medical Condition (2017-2030)
12.2.2. Market Revenue Forecast by Application (2017-2030)
12.2.3. Market Revenue Forecast by Material Type (2017-2030)
12.2.4. Market Revenue Forecast by End User (2017-2030)
12.2.5. UK
12.2.5.1. Market Revenue Forecast (2017-2030)
12.2.6. Germany
12.2.6.1. Market Revenue Forecast (2017-2030)
12.2.7. France
12.2.7.1. Market Revenue Forecast (2017-2030)
12.2.8. Rest of EU
12.2.8.1. Market Revenue Forecast (2017-2030)
12.3. Asia Pacific (APAC)
12.3.1. Market Revenue Forecast by Medical Condition (2017-2030)
12.3.2. Market Revenue Forecast by Application (2017-2030)
12.3.3. Market Revenue Forecast by Material Type (2017-2030)
12.3.4. Market Revenue Forecast by End User (2017-2030)
12.3.5. China
12.3.5.1. Market Revenue Forecast (2017-2030)
12.3.6. India
12.3.6.1. Market Revenue Forecast (2017-2030)
12.3.7. Japan
12.3.7.1. Market Revenue Forecast (2017-2030)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue Forecast (2017-2030)
12.4. LATAM
12.4.1. Market Revenue Forecast by Medical Condition (2017-2030)
12.4.2. Market Revenue Forecast by Application (2017-2030)
12.4.3. Market Revenue Forecast by Material Type (2017-2030)
12.4.4. Market Revenue Forecast by End User (2017-2030)
12.4.5. Brazil
12.4.5.1. Market Revenue Forecast (2017-2030)
12.4.6. Rest of LATAM
12.4.6.1. Market Revenue Forecast (2017-2030)
12.5. Middle East and Africa (MEA)
12.5.1. Market Revenue Forecast by Medical Condition (2017-2030)
12.5.2. Market Revenue Forecast by Application (2017-2030)
12.5.3. Market Revenue Forecast by Material Type (2017-2030)
12.5.4. Market Revenue Forecast by End User (2017-2030)
12.5.5. GCC
12.5.5.1. Market Revenue Forecast (2017-2030)
12.5.6. North Africa
12.5.6.1. Market Revenue Forecast (2017-2030)
12.5.7. South Africa
12.5.7.1. Market Revenue Forecast (2017-2030)
12.5.8. Rest of MEA
12.5.8.1. Market Revenue Forecast (2017-2030)

Chapter 13. Company Profiles

13.1. Teleflex Incorporated
13.1.1. Company Overview, Business Information, Regional Presence
13.1.2. Product Portfolio Analysis
13.1.2.1. Product Details, Specification, Application
13.1.3. Revenue, Price, and Gross Margin (2017-2020)
13.1.4. Recent Developments and Strategies
13.2. W. L. Gore & Associates
13.2.1. Company Overview, Business Information, Regional Presence
13.2.2. Product Portfolio Analysis
13.2.2.1. Product Details, Specification, Application
13.2.3. Revenue, Price, and Gross Margin (2017-2020)
13.2.4. Recent Developments and Strategies
13.3. The Lubrizol Corporation
13.3.1. Company Overview, Business Information, Regional Presence
13.3.2. Product Portfolio Analysis
13.3.2.1. Product Details, Specification, Application
13.3.3. Revenue, Price, and Gross Margin (2017-2020)
13.3.4. Recent Developments and Strategies
13.4. Saint-Gobain Performance Plastics
13.4.1. Company Overview, Business Information, Regional Presence
13.4.2. Product Portfolio Analysis
13.4.2.1. Product Details, Specification, Application
13.4.3. Revenue, Price, and Gross Margin (2017-2020)
13.4.4. Recent Developments and Strategies
13.5. Zeus Industrial Products, Inc.
13.5.1. Company Overview, Business Information, Regional Presence
13.5.2. Product Portfolio Analysis
13.5.2.1. Product Details, Specification, Application
13.5.3. Revenue, Price, and Gross Margin (2017-2020)
13.5.4. Recent Developments and Strategies
13.6. Freudenberg Medical
13.6.1. Company Overview, Business Information, Regional Presence
13.6.2. Product Portfolio Analysis
13.6.2.1. Product Details, Specification, Application
13.6.3. Revenue, Price, and Gross Margin (2017-2020)
13.6.4. Recent Developments and Strategies
13.7. Tekni-Plex
13.7.1. Company Overview, Business Information, Regional Presence
13.7.2. Product Portfolio Analysis
13.7.2.1. Product Details, Specification, Application
13.7.3. Revenue, Price, and Gross Margin (2017-2020)
13.7.4. Recent Developments and Strategies
13.8. Raumedic AG
13.8.1. Company Overview, Business Information, Regional Presence
13.8.2. Product Portfolio Analysis
13.8.2.1. Product Details, Specification, Application
13.8.3. Revenue, Price, and Gross Margin (2017-2020)
13.8.4. Recent Developments and Strategies
13.9. The Dow Chemical Company
13.9.1. Company Overview, Business Information, Regional Presence
13.9.2. Product Portfolio Analysis
13.9.2.1. Product Details, Specification, Application
13.9.3. Revenue, Price, and Gross Margin (2017-2020)
13.9.4. Recent Developments and Strategies
13.10. Nordson Corporation
13.10.1. Company Overview, Business Information, Regional Presence
13.10.2. Product Portfolio Analysis
13.10.2.1. Product Details, Specification, Application
13.10.3. Revenue, Price, and Gross Margin (2017-2020)
13.10.4. Recent Developments and Strategies

Chapter 14. Appendix

14.1. About Us
14.2. Glossary of Terms

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Precedence Research

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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