Press Releases

Medical Tubing Market Size, Share, Scope, Trends and Forecasts 2022 to 2030

Canada – The medical tubing market was valued at 9.37 billion USD in 2021 and will grow with a CAGR of 5% from 2021 to 2030.

The medical tubing market size is forecasted to reach around US$ 20.45 billion by 2030. The report contains 150+ pages with detailed analysis

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.

Market Estimations Y-O-Y:

  • Market Size Was Valued In 2021: US$ 9.37 Billion
  • Market Size Is Projected to Grow By 2022: US$ 10.2 Billion
  • Market Size Is Projected to Grow By 2023: US$ 11.12 Billion
  • Market Size Is Projected to Grow By 2024: US$ 12.12 Billion
  • Market Size Is Projected to Grow By 2025: US$ 13.21 Billion
  • Market Size Is Projected to Grow By 2026: US$ 14.41 Billion
  • Market Size Is Projected to Grow By 2027: US$ 15.72 Billion
  • Market Size Is Projected to Grow By 2028: US$ 17.16 Billion
  • Market Size Is Projected to Grow By 2029: US$ 18.73 Billion
  • Market Size Is Projected to Grow By 2030: US$ 20.45 Billion
  • Compound Annual Growth Rate (CAGR) from 2022 to 2030: 9.1 percent

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.

Scope of the Medical Tubing Market

Report HighlightsDetails
Segments CoveredMedical Condition, Application, Material Type, End-User
Regional ScopeNorth America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)
Base Year2021
Historic Data2017 to 2021
Forecast Period2022 to 2030

COVID-19 Impact:

The industrial report mentions the influence of the ongoing COVID-19 pandemic. The outbreak has caused disturbances in several industries and has hammered the logistics, resulting in delayed deliveries and cancellation of product demand. The medical tubing report proficiently explains the resulting factors and concerns of manufacturers. Researchers have also well-explained how the producers and providers will tackle the ongoing epidemic and the key strategies to be adopted post-pandemic for turning their businesses back to normal.

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.

Key Players:

The medical tubing market is consolidated with a major number of manufacturers. The company profiling of key players in the market includes major business strategies, company overview and revenues. In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report. Primary research represents a bulk of research efforts, supplemented by extensive secondary research.

Some of the prominent players in the medical tubing market include:

  • 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)

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

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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