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Medical Tubing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

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Medical tubing plays an important role in variety of healthcare applications and market is experiencing steady growth due to growth of medical procedures such as minimally invasive surgeries and medical devices that uses tubing. Increasing aged population and growing concern about health problems, especially in developing nations like Asia-pacific driving the population to spend money on quality healthcare facilities and services which contributes as one of the drivers for global medical tubing market. Large volume of medical tubing is used in bulk disposable tubing application. Government of several countries are taking initiatives to improve the quality of their healthcare infrastructure which results in increasing demand for medical tubing. The demand for Polyvinyl chloride is expected to remain high during the forecast period because of its equivalent functional properties and low cost as compared to other polymers. Polycarbonate, polyamides, florupolymer, PEEK etc. are some of the specialty plastics used for medical tubing in very small volume.

The drug delivery system segment in the global medical tubing market is anticipated to experience a significantly high CAGR during the forecast period. Many companies are expanding their business across the globe to fulfill the demand for medical tubing. Silicones is the fastest growing material type and it is expected to expand with high CAGR during the forecast period.

Based on the material type, the global medical tubing market is segmented into:

  • Polyvinyl chloride
  • Polyolefin
  • TPE & TPU
  • Silicones
  • Specialty polymers ( PEEK, polyamide, fluoropolymers, polycarbonate)

Based on the application, the global medical tubing market is segmented into:

  • Bulk Disposable Tubing
  • Catheters & Cannulas
  • Drug Delivery Systems
  • Special Applications
    • Peristaltic Pump Tubing
    • Gas Supply Tubing
    • Smoke Evacuation Tubing

In terms of geography, the global medical tubing market has been divided in to five key regions including North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. The global medical tubing market is expected to register healthy CAGR during the forecast period. Currently Europe is on the lead for this technology followed by North America. Asia-Pacific region possesses enormous potential for growth of medical tubing market due to the raised standard of living and government initiatives. China, Japan, India and Australia are some of the key countries contributing to the growth of Global Medical tubing market.

Some of the key players in the global medical tubing market are Saint-Gobain Performance Plastics, LLC, W.L. Gore & Associates Inc., Freudenberg Medical, Dow Corning Corporation etc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections done using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type, machine size and end use.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, and regional markets exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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