Growing Demand for Medical Tubing Market Professional Survey 2025

Owing to their inertness to body tissues and fluids and low cost for high volume applications plastic materials play an important role in the manufacturing of products, such as conduits for acquiring biopsy samples, stent holders, and vascular catheters. On account of their advantages, such as resistance to sterilization conditions and higher optical transparency, plastic products are witnessing increased adoption in medical equipment.

The Global Medical Tubing Market size is expected to reach USD 11.95 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 9.1% over the forecast period.

Medical tubes are inserted into the body through nose or mouth to deliver anesthesia or oxygen. Depending on the functionality and application of the device, the products are manufactured in various shapes using specific polymers. In the healthcare industry, surgeons and other end-users prefer miniature devices that enhance the performance of surgical operations. Tubes with smaller and thinner diameter are mostly used in endoscopic miniature devices, which are used for medical connectivity to transfer data from a patient or a medical device to an analytical system.

As per the National Health Services, England, the number of endoscopic procedures is expected to increase from approximately 650,000 in 2011 to 900,000 by 2020. Many other surgical procedures using minimally invasive devices are also expected to increase in the coming years, thereby driving the demand for medical tubes. Rise in consumer disposable income in developing countries, growing geriatric population, and advances in healthcare facilities are some of the key factors driving the medical tubing market.

The highly fragmented U.S. market is witnessing consolidation as major medical plastic manufacturers and medical device Original Equipment Manufacturers (OEM) are synergizing with various market players in the value chain.

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For instance, specialty plastics manufacturers, such as Kelcourt Plastics, Inc.; PEXCO LLC; and PPC Industries Inc., merged and formed Spectrum Plastics Group. In 2017, Nordson Corporation integrated horizontally forward across the value chain by acquiring Vention Medical AT, a U.S.-based manufacturer of minimally invasive delivery devices.

Top Players of Medical Tubing Market:

Some of the key companies in this market are ZARYS International Group; TE Connectivity Ltd.; Freudenberg & Co. KG; Spectrum Plastics Group; and Bentec Medical, Inc.

Market Segmentation of Medical Tubing Market:

The Global Medical Tubing Market segmented on the basis of Polymer Type, Application, and Region.

By Polymer Type:

    Silicone
    Polyolefins
    Polyvinyl Chloride (PVC)
    Polycarbonates
    Fluoropolymers

By Application:

    Bulk Disposable Tubing
    Drug Delivery Systems
    Catheters
    Biopharmaceutical Laboratory Equipment

By Region:

    North America
    Europe
    Asia Pacific
    Central & South America
    Middle East & Africa

Inquire about Medical Tubing Market with Our Experts @ https://www.grandviewresearch.com/inquiry/5429

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