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Medical Tubing Global Market 2023 : Industry Analysis, Trends, Segmentation, Regional Overview And Forecast 2032 | Saint-Gobain, Freudenberg Medical LLC, WL Gore and Associates Inc., Avient Corporation, Raumedic AG
Medical Tubing Market
As per the Medical Tubing market report by The Business Research Company, the rising cases of respiratory diseases are driving the growth of the medical tubing market. Respiratory diseases such as asthma, lung cancer, pulmonary fibrosis, and others are caused by tobacco smoking, air pollution, allergens, and occupational risks. Increasing respiratory diseases are expected to strengthen the demand for medical tubes as they are an essential component of ventilators that facilitate breathing.
The global medical tubing market size grew from $10.7 billion in 2022 to $11.81 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The medical tubing market size is expected to grow to $17.19 billion in 2027 at a CAGR of 9.8%.
Read More On The Medical Tubing Market Report Here:
https://www.thebusinessresearchcompany.com/report/medical-tubing-global-market-report
Major competitors in the Medical Tubing market include Saint-Gobain, Freudenberg Medical LLC, WL Gore and Associates Inc., Avient Corporation, Raumedic AG, Lubrizol Corporation, Elkem ASA, Dow Corning Corporation, Nordson Corporation, Teknor Apex, Optinova, Microlumen, Fine Tubes Ltd., Davis Standard, and B Braun.
The Medical Tubing market is segmented -
• By Product: Silicone, Polyolefins, Polyvinyl Chloride, Polycarbonates, Fluoropolymers, Other Products
• By Application: Bulk Disposable Tubing, Drug Delivery Systems, Catheters, Biopharmaceutical Laboratory Equipment, Other Applications
• By End-User: Hospitals, Clinics, Ambulatory Surgical Centers, Medical Labs, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Medical Tubing market.
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Medical tubing refers to a small intricate, customized tube used to transfer fluids to and from the body as well as to administer devices. Medical tubes are manufactured in a sterile environment with no risk of contamination as they are commonly used in anesthesia and respiratory apparatus, IVs, catheters, peristaltic pumps, biopharmaceutical laboratory equipment, and others for fluid management and drainage.
The Table Of Content For The Medical Tubing Market Include:
1. Executive Summary
2. Medical Tubing Market Characteristics
3. Medical Tubing Market Trends And Strategies
4. Medical Tubing Market - Macro Economic Scenario
5. Medical Tubing Market Size And Growth
………
28. Key Mergers And Acquisitions In The Medical Tubing Market
29. Medical Tubing Market Future Outlook and Potential Analysis
30. Appendix
The "Global Medical Tubing Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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