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Medical Tubing Market to Shows an 8.4% of CAGR, to be valued at US$ 13.1 Billion | by Compagnie de Saint-Gobain S.A., Teleflex Incorporated, Optinova Holding AB, etc | Forecast to 2026

September 29th, 2021 Coherent Market Insights Releases

Medical Tubing Market – Insights

Medical tube is the inherent part of several medical devices, extensively used in manufacturing of cannulas and catheters, drug delivery systems, intravenous tubing, and dialysis. Usually, medical tubes are the small plastic tube, inserted in the body of the patient through nose, mouth, or certain cut within skin for delivering oxygen, drugs, anesthesia, or other fluids.

Generally, structures of the medical tubes increases in complexity with reduction in the tube size. Medical tubes are accessible in a range of sizes and shapes for satisfying the medical tubing demands in several applications. The companies are focusing on developing medical tubing raw materials, as these materials differ with the drug’s chemical nature and application.

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Materials including silicone, polyvinyl chloride (PVC), polytetrafluoroethylene (PTFE), polypropylene (PP), polycarbonate (PC), polyethylene (PE), bioabsorbable polymers, thermoplastic polyurethane (TPU), thermoplastic elastomers (TPE), and polyester are utilized in pharmaceutical and medical applications, including peristaltic pump tubing, feeding tubes, catheter, urological retrieval devices, and others. Rising minimally invasive surgeries along with its increased adoption rate in medical devices, allows manufacturers for focusing more on the developments of the tubing functionality including number of lumens, steerability, and deflection capability. For instance, as per the statistics from American Society of Plastic Surgeons (ASPS), over 17.1 Mn minimally invasive and surgical cosmetic procedures were performed in 2016 in the U.S. Furthermore, medical tube are used mostly for fluid and respiratory management process within the body of patient.

The global medical tubing market size is estimated to account for US$ 6,921.1 million in 2018, and is projected to exhibit an 8.4% CAGR over the forecast period (2018–2026).

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Global Medical Tubing Market: Dynamics

Increasing incidence of life-threatening diseases along with chronic diseases is expected to raise medical tubing device demands, which are primarily required throughout surgery procedures.  As per the National Center for Biotechnology Information (NCBI) published study in 2015, around 5.7 Mn people in the U.S. were affected by heart failure. Furthermore, as per the Centers for Disease Control and Prevention (CDC), over 610,000 people lost their lives in 2017 due to heart disease annually in the U.S.

As per the Australian Government, Department of Health published report in 2017, around 50% Australians suffer from minimum chronic condition types, such as asthma, arthritis, back pain, cardiovascular disease, cancer, chronic obstructive pulmonary disease, conditions of mental health or diabetes. Launching of advanced solutions of medical tubing with latest features in technology are expected to provide opportunities of lucrative growth to the manufacturers of medical tubing within the market.

For instance, ART Medical Ltd., Israel-based startup, in 2017, developed a new smart tube that is sensor-based which enables the healthcare professionals to gather comprehensive data from patients and reduces risks of the medical complications. The new medical tube is capable of gathering patient data including feeding needs, urine output, and saliva secretion, by using the sensors embedded within the tubes. It even aids in regulation of the feeding process along with providing real-time information, such as the tube’s exact location. Launches of these smart and novel medical tubing is expected to drive the global medical tubing market growth, during the forecast period.

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• Current and future of global Medical Tubing market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players

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Global Medical Tubing Market: Restraints

Side effects associated with used materials to manufacture medical tubing are, however, expected to hinder growth of the global medical tubing market growth, during the forecast period. For instance, the U.S. Food and Drug Administration (FDA), in February 2017, specified that the DEHP (di-2-ethylhexyl phthalate), used within PVC as plasticizer (softener), might be absorbed within the body fluids and blood, causing health issues. Moreover, in February 2016, the European Commission released a notification referring the medical device safety that contain DEHP- plasticized PVC and other plasticizers upon neonates as well as other groups.

Kaiser Permanente, the U.S.-based care consortium, in 2012, banned the PVC bags and tubing, and adopted the intravenous tubing that were 100% DEHP (di-2-ethyl hexyl phthalate) and PVC free. Therefore, side effects associated with material of medical tubing is expected to hamper the global medical tubing market growth over the forecast period.

Global Medical Tubing Market: Regional Analysis

North America accounted for a dominant share in 2017 in the global medical tubing market and is expected to hold on to its dominance during the forecast period, owing to increasing patient admissions into emergency wards, owing to serious health conditions along with severe injuries requiring external support to survive. For instance, in 2015, as per the Society of Critical Care Medicine, around 5.7 Mn people in the U.S. were admitted to intensive care units (ICU) for invasive or intensive monitoring, chronic medical issues stabilization, breathing disorders, and airway support.

Asia Pacific is expected to register robust growth in the global medical tubing market over the forecast period, due to infrastructural developments in healthcare, increasing health awareness associated benefits of wellness and prevention among patients, along with development of cost-effective and innovative solutions of medical tubing. Tekni-plex, in August 2017, started a latest site of production-manufacturing in China near Shanghai, for satisfying increasing requirements of medical and pharmaceutical device market in Asia Pacific. This novel facility produces silicone extrusion tubing by Natvar for catheters, drug delivery, peristaltic pump, and feeding tube applications. Tekni-plex’s worldwide supplier is Navtar for precision solutions of medical tubing for a wide variety of medical devices.

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Major players functioning in the global medical tubing market include Compagnie de Saint-Gobain S.A., Optinova Holding AB, Teleflex Incorporated, Zeus Industrial Products, Inc., Nordson Corporation, The Lubrizol Corporation, Putnam Plastics Corporation, Tekni-Plex, Inc., Smith Group plc, and Raumedic AG.

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Overview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Material
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Market Trends
    • Key Developments
    • New Product Launches
    • Regulatory Scenario
    • PEST Analysis
    • Porter’s Five Forces Analysis
  4. Global Medical Tubing Market, By Material, 2016 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017 – 2026
      • Segment Trends
    • Polyvinyl Chloride (PVC)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Thermoplastic Elastomer (TPE)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Thermoplastic Polyurethane (TPU)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Silicone
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Polyolefins
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
        • Polyethylene (PE)
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
        • Polypropylene (PP)
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
  5. Global Medical Tubing Market, By Application, 2016 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017 – 2026
      • Segment Trends
    • Peristaltic Pump Tubing
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Catheters
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
        • Diagnostic Catheters
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
        • Central Venous Catheters
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
        • Angioplasty Catheters
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
        • Other Catheters
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Feeding Tubes
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Urological Retrieval Devices
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Cannulas
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Other Applications
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
  6. Global Medical Tubing Market, By Region, 2016 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, By Region, 2017 – 2026
    • North America
      • Market Size and Forecast, By Material, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast, By Material, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Material, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • China
        • Japan
        • India
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast, By Material, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Africa
      • Market Size and Forecast, By Material, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • North Africa
        • Central Africa
        • South Africa
    • Middle East
      • Market Size and Forecast, By Material, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • GCC Countries
        • Israel
        • Rest of Middle East
  7. Competitive Landscape
    • Heat Map Analysis
    • Company Profiles
  8. Analyst Views
  9. Section
    • References
    • Research Methodology
    • About Us and Sales Contact

Other Exclusive Reports:

Medical Ultrasonic Probe Covers – Pipeline Insight, 2021

Healthcare CMO – Pipeline Insight, 2021

Cardiology Electrodes – Pipeline Insight, 2021

About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies to not-for-profit organizations, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

To know more about us, please visit our website – www.coherentmarketinsights.com

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