Medical tubing is used across the healthcare industry for multiple pharmaceutical or medical applications. It is produced through an extrusion process and is used for peristaltic pumps, drug delivery systems, and associated applications. These tubes exhibit impressive thermal, mechanical, and chemical properties. It is further used for fluid management, drainage, respiratory equipment, and catheters & cannulas application.
The global market for the Medical Tubing is anticipated to develop at a compound annual growth rate (CAGR) of 9.1 % throughout the course of the forecast, to reach US$ 20.45 billion by 2030.
.jpg "The Global Medical Tubing Market 2020-2030 (USD Billion)")
Rising awareness among the people to improve health conditions, increasing advancement in medical facilities coupled with surging government support to provide improved healthcare services is proliferating the industry growth. Growing demand for better medical services across developing countries is positively influencing the business landscape. Furthermore, increasing investment across the industry is attributed to the surge in demand for high-quality tubing material, which in turn will boost the product demand over the forecast timeframe.
The shifting focus toward less invasive medical procedures from existing surgical procedures is fuelling the product demand owing to multiple benefits including quick recovery time, and low cost. For instance, cardiac catheterization utilizes catheter tubing to reduce the time for surgical procedures. The growing pervasiveness of several diseases such as cancer, cardiovascular diseases, and arthritis which involves complex surgical treatment has boosted the demand for a minimal invasive procedure. This, in turn, has escalated the usage of plastic polymers that are ideal for use in medical tubing and catheters.
Medical Tubing Market Scope
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2030 |
| Study Period | 2018-2030 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2030 | US$ 20.45 billion |
| Growth Rate | CAGR of 9.1 % during 2020-2030 |
| Segment Covered | By Medical Condition, By Application, By Material Type, By End User, Regions |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | Teleflex Incorporated, L. Gore & Associates, The Lubrizol Corporation, Saint-Gobain Performance Plastics, Zeus Industrial Products, Inc., Freudenberg Medical, Tekni-Plex, Raumedic AG, The Dow Chemical Company, Nordson Corporation |
Key Segment Of The Medical Tubing Market
By Medical Condition (USD Billion)
• Gastrointestinal
• Cardiovascular
• Ophthalmic
• Urological
• Neurovascular
• Others
By Application, (USD Billion)
• Drug Delivery Systems
• Catheters
• Special Applications
• Disposable Tubing
• Cannulas
• Others
By Material Type, (USD Billion)
• Polyethylene (PE)
• Silicone
• Engineering Plastics
• Polyvinyl Chloride (PVC)
• Polypropylene (PP)
• Polyolefin
• Others
By End-User, (USD Billion)
• Ambulatory Surgical Centers
• Hospitals
• Others
By Structure, (USD Billion)
• Single-lumen
• Co-extruded
• Multi-lumen
• Tapered or Bump tubing
• Braided Tubing
Regional Overview, (USD Billion)
North America
• US
• Canada
Europe
• Germany
• France
• UK
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
South America
• Mexico
• Brazil
• Rest of South America
Middle East and South Africa
Frequently Asked Questions (FAQ) :
The medical tubing market size is expected to reach US$ 20.45 billion by 2030.
The application of the medical tubing market Drug Delivery Systems, Catheters & Cannulas, Bulk Disposable Tubing and other.
North America dominated the market for medical tubing market and accounted for the largest revenue share.
The major players are Teleflex Incorporated, L. Gore & Associates, The Lubrizol Corporation, Saint-Gobain Performance Plastics, Zeus Industrial Products, Inc., Freudenberg Medical, Tekni-Plex, Raumedic AG, The Dow Chemical Company, Nordson Corporation
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Changing demographics, growing public awareness, along with rising life expectancy have positively contributed toward the upsurge in demand for medical instruments and devices. Increase in the number of chronic diseases has led to an elevation in demand for medical tubing on account of its usage for various applications such as drug delivery systems, catheters & cannulas, and associated applications. Low kink ability, improved torque strength, better lubricity, and biocompatibility are some of the key features offered by the product is augmenting the demand. Moreover, growing cognizance regarding hospital-acquired infections along with ill effects associated with the spread of such infections is anticipated to elevate the demand for disposable medical devices, which in turn will stimulate the industry growth in the coming years.
Rising aged population across the globe leading to an increase in demand for healthcare facilities due to low immunity strength requires treatments, which involve the use of medical tubing, and other medical equipment, which id driving the industry growth. Although, adherence with stringent regulation regarding manufacturing and characteristics of tubes obtained from multiple sources leading have hampered the industry growth at an escalated rate. However, growing research & development activities to improve the medical properties of the medical tubing is driving industry growth.
Material Segment
Medical tubing market is segmented into PVC, TPE & TPU, Silicone, and Polyolefin. In 2018, the polyolefin is accounted for major contributors in revenue and it is expected to lead the medical tubing industry thorough the forecast timeline.
,-2018-2025-(USD-Billion).png "Global Medical Tubing Market, by Material (TPE & TPU), 2018-2025 (USD Billion)")
Application Segment
On the basis of application, the market is bifurcated into drug delivery systems, catheters & cannulas, bulk disposable tubing, and special applications. In 2018, the drug delivery systems is expected to dominate the industry share and is anticipated to attain a high growth rate in the coming years.
The Asia Pacific is anticipated to hold major share across the medical tubing market. Growing manufacturing establishment of medical products along with a growing population across the region is driving the industry growth. Rising awareness, changing demographics along with a rise in the number of acute and chronic disease has upheld the product demand. Furthermore, rising government focus to reduce mortality rate along with efforts toward improving health care facilities is complementing the business landscape.
Europe is anticipated to hold a substantial share across the industry. Growing advancement across medical science along with increasing expertise to diagnose and cure life-threatening is stimulating the industry landscape. The growing capabilities across the medical field to improve life expectancy, through improvement across drug delivery, stent delivery systems, and urological retrieval devices is anticipated to stimulate the industry outlook.
Major players operating across the medical tubing market include Saint-Gobain Performance Plastics, Nordson Corporation, Zeus Industrial Products, Teleflex, W.L.Gore & Associates, Optinova, Tekni-Plex, Putnam Plastics, Lubrizol, and Raumedic. These industry players are adopting inorganic growth strategies including mergers & acquisitions, joint ventures along with organic strategies such as regional expansion to strengthen their market presence.