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Medical tubing market to hit 9.0% CAGR to 2022 illuminated by new report

Medical Market Research

Key companies profiled in Medical Tubing market research report include Zeus Industrial Products (US), Saint-Gobain Performance Plastics (France), Teleflex (US), Optinova (US), Lubrizol Corporation (Vesta) (US), Nordson Corporation (US), Putnam Plastics (US), RAUMEDIC AG (Germany), Tekni-Plex (US), and W. L. Gore & Associates (US).

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The global medical tubing market is estimated to reach USD 9.38 Billion by 2022 from USD 6.10 Billion in 2017, at a CAGR of 9.0% from 2017 to 2022. The medical tubing market has witnessed significant growth in recent years.

Medical tubing is manufactured from medical grade material and meets the medical industry’s requirements and standards for various medical- and pharmaceutical-related applications.

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The medical tubing market is growing steadily, with plastics being the dominant tubing material used for transferring blood, oxygen, and nutrients in hospitals and clinics.

Key Target Audience:

  • Regional Manufacturers’ Associations
  • Raw Material Manufacturers (companies involved in resins, solvents, and additives production)
  • Metal Can Producers
  • Traders, Distributors, and Suppliers of Can Coatings
  • Government and Regional Agencies and Research Organizations

In medical tubing market research the aging population will have a major impact on the development and delivery of healthcare facilities. According to the United Nations‘ World Population Prospect’, the aging population, comprising people 60 years of age or over, is expected to increase threefold by 2100.As of 2017, approximately 13% of the global population comprised people aged 60 or above; this is growing at a rate of 3% per year.

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Drug delivery system is expected to be the fastest-growing market for medical tubing. Drug delivery is a method or approach used to deliver drugs or medications to achieve a therapeutic effect in humans or animals.

This can be used for the treatment or diagnosis of numerous diseases such as diabetes, kidney failure, heart diseases, and others. Medical tubing is used as a device or channel of delivery in drug delivery systems.

Premium Insights

1 Attractive Opportunities in Medical Tubing Market

2 Medical Tubing Market Growth, By Material

3 Medical Tubing Market Growth, By Application

4 Medical Tubing Market in APAC, By Country and Material, 2016

5 Medical Tubing Market, By Region

Competitive Landscape

1 Overview

2 Market Ranking of Key Players

3 Competitive Scenario

4 New Product Launches (2015—2018)

Report covers medical tubing market, in terms of volume and value, and forecasts the market size till 2022. The report includes the market segmentation based on material (PVC, polyolefin, TPE & TPU, and silicone), application (bulk disposable tubing, catheters & cannulas, drug delivery systems, and special applications), structure (single-lumen, multi-lumen, co-extruded, tapered or bump tubing, braided tubing, balloon tubing, and heat shrink tubing), and region (APAC, Europe, North America, the Middle East & Africa, and South America).

Connect for More Details for More Information “Medical Tubing Market by Material (PVC, Polyolefin, TPE & TPU, and Silicone), Application (Bulk Disposable Tubing, Catheters & Cannulas, Drug Delivery Systems, and Special Applications), Structure, and Region - Global Forecast to 2022” report at…ount?rname=689785 .

In medical tubing market regions have been further segmented based on key countries into the US, Canada, Mexico, Germany, UK, France, Spain, Italy, Russia, Netherlands, China, Japan, India, South Korea, Australia, Malaysia, Thailand, Egypt, UAE, Saudi Arabia, South Africa, Brazil, & Argentina. Report also provides company profiles & competitive strategies adopted by key players in medical tubing market.

The report will help market leaders/new entrants in the global medical tubing market in the following ways:

  • This report segments the medical tubing market comprehensively and provides closest approximations of the revenue numbers for the overall market and the subsegments across different verticals and regions.
  • It will help stakeholders understand the pulse of the market and provide them information on key market drivers, challenges, restraints, and opportunities.
  • It will help stakeholders understand competitors and gain more insights to improve their position in the business. The competitive landscape section includes new product launches, expansions, acquisitions, and joint ventures.

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