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Medical Tubing Market

Medical Tubing Market

Medical Tubing Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

185

Base Year:

2023

Date

Feb - 2024

Format:

PDF XLS PPT

Report Code:

VMR-1153

Segments Covered
  • By Structure By Structure Single-Lumen, Co-Extruded, Multi-Lumen, Tapered or Bump Tubing, Braided Tubing
  • By Application By Application Bulk Disposable Tubing, Catheters & Cannulas, Drug Delivery System, Other Applications
  • By Material By Material Plastics, Rubbers, Specialty Polymers, Other Materials
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2023
Forecast YearsForecast Years: 2024 - 2032
Historical YearsHistorical Years: 2018 - 2022
Revenue 2023Revenue 2023: USD 10.7 Billion
Revenue 2032Revenue 2032: USD 22.1 Billion
Revenue CAGRRevenue CAGR (2024 - 2032): 9.20%
Fastest Growing Region Fastest Growing Region (2024 - 2032) Asia Pacific
Largest Region Largest Region (2023): North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst

Research Methodology: Medical Tubing Market by Structure by Application by Material by Region - Global Market Assessment, 2021 - 2028

Secondary Research

Primary Research:

The later stage covers data validation and collection from primary research. The information gained/procured from the secondary data sources is validated through extensive primary interviews with industry experts across the Medical Tubing supply chain. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:


  • Medical Tubing market size at regional and country level
  • Key industry players and their market share and Medical Tubing market-specific sales/revenue
  • Understanding of the Medical Tubing supply chain and overall ecosystem

Data Triangulation and Market Size Estimations

After arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the Medical Tubing market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. During the data triangulation process, the data was analyzed by employing various data models and statistical techniques to arrive at exact statistics and market size for each segment/sub-segment of the market.  The data is analyzed and triangulated by considering all the key market impacting factors from both supply and demand side of Medical Tubing market. 

FAQ
Frequently Asked Question
  • The global Medical Tubing valued at USD 10.7 Billion in 2023 and is expected to reach USD 22.1 Billion in 2032 growing at a CAGR of 9.20%.

  • The prominent players in the market are Elkem ASA (Norway), Zeus Company Inc. (U.S.), Teknor Apex (U.S.), Asahi Tec Corp. (Japan), MDC Industries (Israel), Nordson Corp. (U.S.), ZARYS International Group (U.S.), Hitachi Cable America Inc. (U.S.), NewAge Industries Inc. (U.S.), TE Connectivity (Switzerland), Freudenberg & Co. KG (Germany), DuPont (U.S.), Saint-Gobain (France), ATAG SPA (Italy).

  • The market is project to grow at a CAGR of 9.20% between 2024 and 2032.

  • The driving factors of the Medical Tubing include

    • Well-Established Medical Infrastructure And Increasing Healthcare Expenditures Are Expected To Drive Growth Of The Market

  • North America was the leading regional segment of the Medical Tubing in 2023.