Medical Tubing Market Size, Share, Growth, Competitive Analysis and Forecast 2023-2028

BIG BEAR LAKE, Calif. - March 1, 2024 - PRLog -- The global medical tubing market size reached US$ 12.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 19.4 Billion by 2028, exhibiting a growth rate (CAGR) of 7% during 2023-2028.

Factors Affecting the Growth of the Medical Tubing Industry:

• Increasing Prevalence of Chronic Diseases: The global medical tubing market is experiencing significant growth, driven primarily by the rising prevalence of chronic diseases such as diabetes, cardiovascular diseases, and respiratory disorders. This increase in chronic conditions has led to a higher demand for medical devices that require tubing, including dialysis equipment, catheters, and ventilators. Medical tubing plays a crucial role in these devices, facilitating the delivery of drugs, fluids, and gases, and ensuring patient connectivity to life-saving equipment.

Competitive Landscape:

• ATAG spa
• Avient Corporation
• Bentec Medical
• Hitachi Ltd.
• Microlumen Inc.
• NewAge Industries Inc.
• Nordson Corporation
• Optinova
• Spectrum Plastics Group
• TE Connectivity Ltd.
• Trelleborg AB
• Vanguard Products Corporation

Medical Tubing Market Report Segmentation:

Breakup by Product:

• Silicone
• Polyolefins
• Polyvinyl Chloride
• Polycarbonates
• Fluoropolymers
• Others

Breakup by Structure:

• Single-Lumen
• Co-Extruded
• Multi-Lumen
• Tapered or Bump Tubing
• Braided Tubing

Breakup by Application:

• Bulk Disposable Tubing
• Drug Delivery Systems
• Catheters
• Biopharmaceutical Laboratory Equipment
• Others

Breakup by End User:

• Hospitals and Clinics
• Ambulatory Surgical Centers
• Medical Labs
• Others

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

For an in-depth analysis, you can request a sample copy of the report: https://www.imarcgroup.com/medical-tubing-market/requestsample

Global Medical Tubing Market Trends:

The global medical tubing market is witnessing an increasing focus on sustainability and eco-friendly manufacturing practices. This shift is driven by regulatory pressures and a growing consumer demand for environmentally responsible products. Manufacturers are exploring the use of biodegradable materials and recycling processes to reduce the environmental impact of medical tubing.

Browse the Full Report with TOC & List of Figures: https://www.imarcgroup.com/medical-tubing-market

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