The global Medical Tubing market was valued at US$ 6903 million in 2020 and is expected to reach US$ 12340 million by the end of 2027, growing at a CAGR of 8.9% during 2021-2027.
Medical tubing is tubing that meets medical industry requirements and standards for a variety of medical or pharmaceutical related applications. Medical tubing is used for fluid management and drainage as well as with anesthesiology and respiratory equipment, IVs, catheters, peristaltic pumps, and biopharmaceutical laboratory equipment.
The major players in global medical tubing market include Saint-Gobain Performance Plastics, Nordson Corporation, Freudenberg Group, etc. The top 5 players occupy about 15% shares of the global market. North America and Europe are main markets, they occupy about 70% of the global market.
Global Medical Tubing Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Medical Tubing Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Saint-Gobain Performance Plastics, Nordson Corporation, Freudenberg Group, Teleflex, Tekni-Plex, Raumedic, B. Braun, W.L.Gore & Associates, Lubrizol (Vesta), Zeus Industrial Products, Putnam Plastics, Microlumen, Optinova, Ap Technologies, MDC Industries, Teel Plastics Inc., Polyzen, FBK Medical Tubing, Inc., A.P. Extrusion, LVD Biotech and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-medical-tubing-market-outlook
Segment by Type
- TPE & TPU
Segment by Application
- Bulk Disposable Tubing
- Catheters & Cannulas
- Drug Delivery Systems
Table of Content:
1 Medical Tubing Market Overview
2 Medical Tubing Market Competition by Manufacturers
3 Medical Tubing Retrospective Market Scenario by Region
4 Global Medical Tubing Historic Market Analysis by Type
5 Global Medical Tubing Historic Market Analysis by Application
6 Key Companies Profiled
7 Medical Tubing Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Medical Tubing Market Dynamics
10 Global Medical Tubing Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.