Medical tubing is rapidly growing in healthcare industry worldwide, an increasing population of elderly people and an increasing interest in health problems; Especially in developing countries, it becomes the main driving force of the market. In addition, the growing demand for medical devices equipped with medical tubes as part of the equipment, providing quality medical facilities, and government initiatives for the growth of minimally invasive surgery are some of the factors driving market growth. But massive R & D spending associated with product development and strict government regulations is expected to hinder market growth.
SOME OF THE KEY PLAYERS IN GLOBAL MEDICAL TUBING MARKET INCLUDE
Raumedic AG,Vention Medical Inc.,Freudenberg Medical,LLC,Polyone Corp.,Tecknor Apex Co.,L. Gore & Associates, Inc.,DOW Coning Corporation,Bluestar Silicones International (Elkem Group),Saint-Gobain Performance Plastics,Lubrizol Corporation,Freudenberg Group,Nusil Technology,Grayline,FBK Medical Tubing, Inc.,Teel Plastics Inc.,LVD Biotech,Medtronics,MDC Industries
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North America dominated the global medical tubing market with largest revenue share and is also expected to continue its dominance throughout the forecast period owing to its advanced and sophisticated healthcare infrastructure along with high per capita healthcare spending in the US. Asia pacific has huge growth potential in medical tubing market due to improved living standards, growing aging population, increasing demand for minimally invasive surgeries and increased government initiatives.
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Medical tubing is used for fluid management and drainage as well as with anesthesiology and respiratory equipment, IVs, catheters, peristaltic pumps, and biopharmaceutical laboratory equipment. Medical tubing meets medical industry requirements and standards for a variety of medical applications. It is produced by using some specific materials with the desired specification.
Silicone material segment is expected to lead the medical tubing market during the forecast period due to 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 flexible and high resistant to heat, cold, chemicals, UV radiation and moisture making it ideal for use in the medical & healthcare industries.
Structure types Covered:
- Braided Tubing
- Heat Shrink Tubing
- Balloon Tubing
Application types Covered:
- Drug Delivery Systems
- Bulk Disposable Tubing
- Special Applications
Material types Covered:
- Thermoplastic Polyurethane (TPU)
- Thermoplastic Elastomer (TPE)
- Others Material Types
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
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