Global Medical Tubing Market Information: By Material (Plastic, Rubber, And Metal), Structure (Single-Lumen, Multi-Lumen), Application (Bulk Disposable Tubing, Catheters & Cannulas, And Others), And Region: Forecast Till 2023

Pune, India -- (SBWire) -- 10/25/2018 --Regional Analysis

North America was the largest market for medical tubing owing to high healthcare spending in this region. The product consumption is increasing owing to rising geriatric population coupled with high per capita income of the consumers. According to the International Trade Administration, in 2015, the U.S. accounted for 40% market share in the global medical device with a market size of USD 140 billion.

Europe is likely to witness a significant growth during the review period with the development of minimally invasive surgery by robot technology along with endoscopic techniques. Increasing demand for specialized wound care and easy-to-use home products for dialysis, diabetes, and dental applications is propelling the market growth in this region.

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.

Latin America region is expected to exhibit considerable growth with respect to growing lifestyle procedures market such as surgical and non-surgical aesthetics & ophthalmology, especially in Brazil and Mexico.

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The Middle East and Africa are likely to witness significant growth during the review period with growing healthcare industry as a result of rising number of people suffering from obesity and other diseases.

Segmentation

The global medical tubing market is segmented into material, structure, applications, and region.

On the basis of material, the global medical tubing market is segmented into plastic, rubber, and metal. Among these, plastic is sub-segmented into polyvinyl chloride (PVC), polyethylene (PE), polypropylene (PP), polyether ether ketone (PEEK), polyamide, polytetrafluoroethylene (PTFE), perfluoroalkoxy (PFA), fluorinated ethylene propylene (FEP), polycarbonate (PC), bioabsorbable polymers, polyester, polylactic acid (PLA), ethylene-vinyl acetate (EVA). Rubber is further sub-segmented into silicone, thermoplastic elastomer, and polyurethane. Metal is further sub-segmented into titanium, steel, aluminum, and others.

Based on the structure, the market is segregated into single-lumen, multi-lumen, co-extruded, tapered or bump, braided, balloon, heat shrink, high-pressure, thin-walled, coiled, microextrusion.

On the basis of the application, the market is divided into bulk disposable tubing, draining blood, catheters & cannulas, drug delivery systems, and special applications. Among these, bulk disposable tubing is sub-segmented into dialysis & intravenous. Catheters are sub-segmented into cardiovascular, intravenous, and urinary catheters. Special applications are sub-segmented into a peristaltic pump, gas supply, smoke evacuation, and feeding tubes.

Based on the region, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Key Players

Some of the key players in the global medical tubing market are Zeus Industrial Products, Inc. (U.S.), Saint-Gobain Performance Plastics (U.S.), Teleflex Incorporated (U.S.), Optinova (Finland), Fine Tubes Ltd. (UK), Davis Standard (U.S.), Tekni-Plex (Pennsylvania), RAUMEDIC AG (Germany), Lubrizol Corporation (U.S.), Nordson Corporation (U.S.), AP Technologies Group Pte. Ltd. (Singapore), and Putnam Plastics (U.S.).

Intended Audience

Medical tubing Manufacturers
Traders and distributors of medical tubing
Research and development institutes
Potential investors
Raw material suppliers
Nationalized laboratory

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