The global medical tubing market is anticipated to
expand at a compounded annual growth rate (CAGR) of 8.5% during the forecast
period of 2022-2030.
Medical tubing is a vital component for both the medical
and pharmaceutical industries. It is used in fluid management, drainage, gas
flow, anesthesiology, respiratory equipment, IVs, catheters, peristaltic pumps,
biopharmaceutical laboratory equipment, bulk disposable tubing, etc.
The usage of medical tubing is directly applicable
to the human body, which is why specific materials with suitable specifications
are utilized for manufacturing medical tubing.
primarily driving the growth of this market include: the proliferating demand
for medical tubing from various applications; the surging demand for medical
devices comprising medical tubing; the rising concerns pertaining to healthcare;
the burgeoning cases of respiratory diseases; the soaring awareness regarding
hospital-acquired diseases; the increasing number of collaborations and joint
ventures between leading medical companies; the escalating investments &
number of government initiatives to provide advanced healthcare facilities, and
the growing demand for minimally invasive surgeries.
the healthcare industry is witnessing a massive growth in overall expenditure
across the globe. This is leading to the swift expansion of product lines as well
as facilities used in the industry. As per the American Society for Aesthetic
Plastic Surgery (ASAPS) estimation, 56.0% of total expenditures were made in
surgical procedures, whereas nonsurgical procedures accounted for around 44.0%
of the total expenditure in 2016. This expenditure rose from 56.0% to 77.0% in
surgical procedures in 2017. This increase in expenditure in the healthcare
industry is expected to bode tremendously well for the growth of the global
medical tubing market in the next few years, including the forecast period of
the number of research and development activities in the medical tubing market
is also rising enormously. Most of these activities are directed towards
producing and marketing new and innovative medical tubing with safe &
advanced features. This increase in the focus of market players in the
development of advanced medical tubing with new features is expected to create
ample growth opportunities for the growth of the global medical tubing market
during the forecast period.
other factors such as the rapidly expanding medical and pharma industries; the
rising geriatric population base; the increasing usage of medical tubing in
catheters; and the growing adoption of medical tubes made of plastics are expected
to further augment the growth of the global medical tubing market during the
factors such as stringent government regulations, high time and R&D
expenditure involved in the manufacturing of medical tubing are expected to
hinder the growth of the market to some extent during the forecast period.
Polyvinyl chloride (PVC)
§ Polyethylene (PE)
§ Polypropylene (PP)
Poly ether ether ketone (PEEK)
Thermoplastic elastomer (TPE)
Ethylene propylene diene monomer
Ethylene vinyl acetate (EVA)
Tapered Or Bump Tubing
Bulk Disposable Tubing
Catheters & Cannulas
Drug Delivery System
Middle East and Africa
Based on application, the
bulk disposable tubing segment held the largest share of the global medical
tubing market in 2021. The segment is anticipated to retain its dominance
further in the market during the forecast period. Factors such as the surging focus
on the prevention of infection from one patient to another, and the enhancing need
for developing healthcare infrastructure and increased efficiency are majorly
attributed to the segment’s growth. However, the drug delivery system segment
is anticipated to attain the highest CAGR in the market during the forecast period.
Based on material, the polyvinyl chloride (PVC) sub-segment
dominated the global medical tubing market in 2021. The sub-segment is
predicted to maintain its lead further in the market during the forecast period
of 2022-2030. The increasing preference for PVC due to its biocompatibility,
transparency, and resistance to chemicals, and escalating adoption of
single-use pre-sterilized medical devices resulting in the growing demand for
PVC-based medical devices are the major factors attributable to the segment’s
large share and high growth.
North American region captured the largest share of the global medical tubing
market in 2021. The region’s position is likely to remain unchanged during the
forecast period. Factors ascribed to the growth of the market in the region
include the presence of well-established health care infrastructure; the
growing innovation in the healthcare sector; the rising spending on healthcare;
the soaring old-age population; and the increasing number of initiatives by
governments to enhance the health care infrastructure in the region. The U.S.
and Canada are the major contributors to the growth of the market in the
Pacific region is poised to emerge as the fastest-growing regional market for
medical tubing during the forecast period. The growth of the market in the
region can be well attributed to the proliferating awareness among people
regarding treatments, the rapidly expanding healthcare industry; the
ever-increasing middle-class population; and the soaring demand for minimally
invasive techniques in the region. Countries such as India and China are the
major contributors to the growth of the market in the region.
European region held the second-largest share of the global medical tubing
market in 2021. The region is estimated to continue to be one of the top
shareholders in the market during the forecast period owing to the rising trend
of self-care, the presence of well-established medical infrastructure, the
rising healthcare expenditures, and the growing demand for diagnostic equipment
containing medical tubes in the region.
Key Companies in
Medical Tubing Market:
Dow Corning Corporation
Asahi Tec Corp.
ZARYS International Group
Hitachi Cable America Inc.
NewAge Industries Inc.
Vanguard Products Corp.
Freudenberg Medical LLC.
W.L. Gore and Associates Inc.