The Medical Tubing Market Share Analysis provides the analysis of traders considering their contribution to the overall market. It gives the awareness of its revenue production into the complete market compared to other vendors in the universe. It delivers insights into exactly how dealers are executed in terms of revenue initiation and consumer base compared to others. Knowing market share presents an idea of the size and vendor competitiveness for the base year. It uncovers the market descriptions in terms of growth, breakup, supremacy, and incorporation attributes. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Medical Tubing Market, by Material (Plastics, Rubbers, Specialty Polymers), Application (Bulk Disposable Tubing, Catheters & Cannulas, Drug Delivery Systems, and Special Applications), Structure and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Market Overview

The global Medical Tubing market size is projected to reach USD 8 billion by 2026 at a CAGR of 10.0% from USD 5 billion in 2021 during the forecast period 2021-2028.

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Medical tubing consists of various tubes made up of primarily plastics of various kinds in accordance with the application. The common applications of these tubes are intravenous, in ventilators, in devices assisting in deliveries, and in other medical devices. The purpose of these tubes is to administer fluids into or outside the body or to allow the flow of gas. The common range of size is from 0.031-inch (0.8 mm) inner diameter by 0.156-inch (4 mm) outer diameter to 0.750-inch (19.1mm) inner diameter by 1-inch (25.4 mm) outer diameter.

With the increase in the geriatric population, the recent trend of minimally invasive surgeries along with the increased trend for disposal of tube-based medical devices are some of the factors that have supported long-term expansion for the Medical Tubing Market.

The COVID-19 pandemic had a positive impact on the medical industry and the medical tubing industry is no exception. The market saw an exponential growth during the pandemic. The requirement of drug delivery, and various tubes like IV tubes, and respiratory tubes has increased to various folds.

Regional Analysis

APAC is expected to be the largest market during the forecast period. The increasing demand from the end user industry along with various exclusive applications have led to growth in the medical tubing market in the region.

Key Players

·         Saint-Gobain

·         Freudenberg Medical LLC.

·         W.L. Gore and Associates Inc

·         Avient Corporation

·         Raumedic AG

·         Lubrizol Corporation

·         Elkem ASA

·         Dow Corning Corporation

·         Nordson Coporation

·         Teknor Apex

·         Optinova

Recent Developments

·         In September 2020, Saint-Gobain SA took over MS Techniques and Transluminal, which is a designer and extrusion of high-precision thermoplastic which are minimally invasive catheter solutions.

·         In May 2021, Freudenberg Medical, LLC expandes to various geographic locations in Alajuela, Costa Rica.with this expansion the company was able to add a total of 8,600 square feet of facility area was added to the existing facility.

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Reasons to Acquire

·         Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors

·         Gain authentic and granular data access for Medical Tubing market so as to understand the trends and the factors involved behind changing market situations

·         Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future

·         In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Table of Contents

Medical Tubing Market is segmented into Materials, Structure, Application and geography.

On the basis of Material

·         Plastics

·         Polyvinyl chloride (PVC)

·         Polyolefin

·         Polyethylene (PE)

·         Polypropylene (PP)

·         Polyamide

·         Polyterafluoroethylene (PTFE)

·         Poly ether ether ketone (PEEK)

·         Perfluoroalkoxy (PFA)

·         Polycarbonate (PC)

·         Rubbers

·         Thermoplastic elastomer (TPE)

·         Thermoplastic polyurethane (TPU)

·         Silicone

·         Polyurethane (PU)

·         Ethylene propylene diene monomer (EPDM)

·         Latex

·         Specialty Polymers

·         Bioabsorbable polymer

·         Ethylene vinyl acetate (EVA)

On the basis of Structure

·         Single-lumen

·         Co-extruded

·         Multi-lumen

·         Tapered or Bump tubing

·         Braided tubing

On the basis of Application

·         Bulk disposable tubing

·         Catheters & cannulas

·         Drug delivery system

·         Special applications

On the basis of Region

·         Asia Pacific

·         North America

·         Europe

·         South America

·         Middle East & Africa

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