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)
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.
Medical tubing are tubes of various tubes made up of primarily plastics of various kinds in accordance to the application. The common applications of these tubing’s are intravenous, in ventilators, in devices assisting in deliveries and ither medical devices. The purpose of these tubing’s 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 geriatric population along with the recent trend of minimal invasive surgeries along with increased trend for disposal tube based medical devices are some of the factors that have supported long-term expansion for Medical Tubing Market.
The COVID-19 pandemic had a positive impact on the medical industry and 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, respiratory tubes has increased to various folds.
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.
Insights are provided for each region and major countries within the regions
Report Feature |
Descriptions |
---|---|
Market Revenue In 2021 |
USD 5 billion |
Growth Rate |
CAGR of 10.0% during the forecasting period, 2021-2028 |
Historical Data |
2018-2019 |
Forecast Years |
2021-2028 |
Base Year |
2020 |
Units Considered |
Revenue in USD billion and CAGR from 2021 to 2028 |
Report Segmentation |
Materials, Structure, Application and geography |
Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
Companies Profiled |
Saint-Gobain, Freudenberg Medical LLC., W.L. Gore and Associates Inc, Avient Corporation, Raumedic AG, Lubrizol Corporation, Elkem ASA, Dow Corning Corporation, Nordson Corporation, Teknor Apex, and Optinova |
Available Customization |
In addition to the market data for Medical Tubing Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Medical Tubing Market is segmented into Materials, Structure, Application and geography.