” Medical Tubing Market ” is segmented by Material (Polyvinyl Chloride, Thermoplastics Elastomer & Thermoplastic Polyurethane, Silicone, Polyolefins, Others), Structure (Single-Lumen, Multi-Lumen, Co-Extruded,Tapered Or Bump Tubing ,Braided Tubing, Balloon Tubing, Heat Shrink Tubing), Application (Bulk Disposable Tubing, Catheters & Cannulas Dominate the Medical Tubing Market, Drug Delivery Systems, Special Applications)and Region (North America, South America, Asia Pacific, Europe and Middle East & Africa) Global Medical Tubing Market valued at US$ 6.11 Bn in 2017 and is expected to reach US$ 13.12 Bn by 2026, at a CAGR of XX % during a forecast period.
High penetration of the minimally invasive and single-use gadgets in the healthcare sector and increase in the need for high value-added products, for instance, tracheostomy tubes, cystoscopies, endotracheal tubes, and catheters also improved the need for on plastics. As a result, various specialty plastics manufacturers, for instance, Mitsui Chemicals, Solvay, Arkema AG, Eastman Chemical Company, and BASF SE, have flourished in the plastics manufacturing sector. The polymer materials development in medical applications is quickening at a speedy pace. Like, in angioplasty processes, flexible plastic tubes are substituting metal tubes to support injured artery walls.
Material is leading segment of Medical Tubing market,Silicone material segment is projected to lead the global medical tubing market during the forecast period because of its resistance to temperatures (low & high). Silicone based medical tubing products can be manufactured in different forms, including solid, liquid, oil, rubber, grease, and semi-viscous paste forms because of its molecular structure. Silicone is highly supple and high resistant to heat, cold, chemicals, UV radiation and moisture making it ideal for use in the medical & healthcare industries.
Asia Pacific was the fastest growing region in the medical market with the growing healthcare industry in the developing economies of India and China. Rising demand for minimally invasive procedures and advanced medical devices is driving the market growth.
The report also covers the complete competitive landscape of the worldwide market with company profiles of key players such Zeus Industrial Products, Saint-Gobain Performance, Plastics, Teleflex, Optinova, Lubrizol, Nordson Corporation, Putnam Plastics ,Raumedic ,Tekni-Plex, W.L.Gore& Associates, Ap Technologies, A.P. Extrusion ,B. Braun, Cook Medical, FBK Medical Tubing, Inc., Freudenberg Group, Grayline, LVD Biotech, MDC Industries, Medtronics, Microlumen, Nusil Technology ,Polyzen ,TE Connectivity ,Teel Plastics Inc. A detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.
Maximize Market Research has comprehensively analyzed global medical tubing market. The driving forces as well as considerable restraints have been explained in depth to attain a balanced scenario. Segment wise market size and market share during the forecast years is duly addressed to portray the probable picture of this exuberant industry. The competitive landscape comprising of key innovators, service providers, market giants as well as niche players is studied and analyzed extensively with respect to their strengths, weaknesses as well as value addition prospects. Report presents significant case studies along with the success stories to motivate and guide the like minds. In addition, Report displays current consolidation trends with respect to prominent mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships, emerging business models. This will enable the reader to comprehend whole medical tubing market with utmost ease and clarity.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on ” Medical Tubing Market”.
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