The Business Research Company’s Medical Tubing Global Market Report 2022: Market Size, Trends, And Forecast To 2026
LONDON, GREATER LONDON, UK, August 11, 2022 /EINPresswire.com/ — According to ‘Medical Tubing Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the medical tubing market size is expected to grow to $14.94 billion in 2026 at a compound annual growth rate (CAGR) of 8.84%. According to the medical tubing market analysis, the rising cases of respiratory diseases are driving the growth of the medical tubing market.
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The medical tubing market consists of sales of medical tubing solutions by entities (organizations, sole traders, and partnerships) that refer to a small, intricate, customized tube used to transfer fluids to and from the body as well as to administer devices. Medical tubes are manufactured in a sterile environment with no risk of contamination as they are commonly used in anesthesia and respiratory apparatus, IVs, catheters, peristaltic pumps, biopharmaceutical laboratory equipment, and others for fluid management and drainage.
Global Medical Tubing Market Trends
Product innovation is a key trend shaping the medical tubing industry outlook. Key players are focusing on launching new innovative medical tubes with innovative features to improve the outcome of usage. The companies are utilizing advanced manufacturing processes and the latest technologies to launch innovative medical tubes that are unique and designed to be effective and efficient. The braided medical tube is one of the most distinctive innovations now in use. The peculiarity of the braided tube’s design ensures and expands the capabilities of catheters and medical tubing. A braided tube is an excellent approach for improving the flexibility and strength of existing medical equipment. Braided tubing is utilized in various medical operations, including cardiovascular and neurovascular surgery and endoscopic treatments involving the gastrointestinal and digestive system. For instance, in January 2021, Zeus Industrial Products, Inc., a South Carolina-based provider of polymer solutions, launched braid and coil reinforced polyamide tubing, which assists design engineers to utilize key properties such as torque ability, flexibility, and strength in the development of new catheter designs.
Global Medical Tubing Market Segments
The global medical tubing market is segmented:
By Product: Silicone, Polyolefins, Polyvinyl Chloride, Polycarbonates, Fluoropolymers, Others
By Application: Bulk Disposable Tubing, Drug Delivery Systems, Catheters, Biopharmaceutical Laboratory Equipment, Others
By End-User: Hospitals, Clinics, Ambulatory Surgical Centers, Medical Labs, Others
By Geography: The global medical tubing market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America accounts for the largest share.
Read more on the global medical tubing market report here
Medical Tubing Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides medical tubing global market overviews, analyzes and forecasts market size and growth for the medical tubing global market, medical tubing global market share, medical tubing global market segments and geographies, medical tubing global market players, medical tubing market leading competitor revenues, profiles and market shares. The medical tubing market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Medical Tubing Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Saint-Gobain, Freudenberg Medical LLC, WL Gore and Associates Inc., Avient Corporation, Raumedic AG, Lubrizol Corporation, Elkem ASA, Dow Corning Corporation, Nordson Corporation, Teknor Apex, Optinova, Microlumen, Fine Tubes Ltd, Davis Standard, and B Braun.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
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