FEP Heat Shrink Medical Tubing Market 2019-2024: Zeus Industries products ltd, TE Connectivity, Parker-Hannifin, Teleflex Inc, Junkosha Inc, Elringklinger Kunststofftechnik GmbH and Others.

According to Market Study Report, FEP Heat Shrink Medical Tubing Market provides a comprehensive analysis of the FEP Heat Shrink Medical Tubing Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, technological trends and emerging opportunities of global industry. This report also provides market landscape and market share information in the FEP Heat Shrink Medical Tubing Market. An exclusive data offered in this report is collected by research and industry experts team.

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The FEP Heat Shrink Medical Tubing Market size was estimated at USD 103 Million in 2019 and is projected to reach US$ 146 Million in 2024, at a CAGR of 7.2%. This report spread across 121 Pages, Profiling 20 Companies and Supported with 110 Tables and 29 figures are now available in this research.

Top Companies profiled in the FEP Heat Shrink Medical Tubing Market:
o Zeus Industries products ltd. (US)
o TE Connectivity (US)
o Parker-Hannifin (US)
o Teleflex Inc. (US)
o Junkosha Inc. (Japan)
o Elringklinger Kunststofftechnik GmbH (Germany)
o Medical Extrusion Technologies Inc. (US)
o Polyflon Technology Ltd (UK)
o Polyfluor Plastics bv (Netherlands)
o Tef-Cap Industries Inc (US) and Optinova (US)

"Drug delivery devices (catheters)--the largest application in the overall FEP heat shrink medical tubing market."
The Drug delivery devices (catheter) application is the largest and fastest-growing application area for FEP heat shrink medical tubes. This growth is attributed to the rising demand for microcatheter applications. Micro catheters are specialized, thin-walled, small-bore catheters or delivery/access devices that are used during minimally invasive surgical procedures. They are useful for the navigation, access, and delivery of a surgical device or a drug to the target site.

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"1.6:1 shrink ratio is the fastest-growing shrink ratio segment in the FEP heat shrink medical tubing market."
The shrink ratio of 1.6:1 is the largest and fastest-growing shrink ratio in the industry. The shrink ratio of 1.6:1 is preferred in the medical industry as it covers a broader range of component shapes and sizes and can cover more irregular shaped parts, the 1.6:1 shrink tubing have higher shrinkage capacity which allows it to cover more area easily. Thus, it is preferred by the industry.

"North America is the largest market for FEP heat shrink medical tubing market."
North America is projected to be the largest market for the FEP heat shrink medical tube market. The rising demand from micro-catheter manufacturers drives the market. The increasing count of patient pool, high prevalence of chronic diseases, rising geriatric population, adoption of minimally invasive surgery, and the high availability of advanced interventional products (including micro catheters) are driving the FEP heat shrink medical tubing market in the region Key countries in the region are the US, Canada, and Mexico.

Breakdown of primary participants' profile:
o By Company Type - Tier 1 -40 %, Tier 2 - 20%, and Tier 3 -40%
o By Designation - C level - 20%, Director Level -20%, and Others -60 %
o By Region - North America: 40%, Europe: 15%, APAC: 40%, Rest of the World: 5%

Competitive Landscape of FEP Heat Shrink Medical Tubing Market:
1 Introduction
2 Market Share Analysis By Key Players
2.1 Zeus Industrial Products
2.2 TE Connectivity
2.3 Parker-Hannifin Corporation
2.4 Junkosha
3 Competitive Scenario
3.1 Expansion
3.2 New Product Launch
3.3 Acquisition
3.4 Joint Venture/Agreement

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Research Coverage:
This research report categorizes the global FEP heat shrink medical tubing market based on shrink ratio and application. The report includes detailed information regarding the major factors influencing the growth of the market, such as drivers, restraints, trends, and opportunities. The detailed analysis of key market players provides insights into business overviews, products & services, key strategies, investments & expansions, mergers & acquisitions, and recent developments in the market.

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