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Global Sterile Tubing Welder Market Size to Grow at a CAGR of 4.80% in the Forecast Period of 2023-2028

03-29-2023 01:28 PM CET | Health & Medicine

Press release from: Expert Market Research

Global Sterile Tubing Welder Market Size to Grow at a CAGR of 4.80%

The 'Global Sterile Tubing Welder Market Price, Trends, Growth, Size, Share, Report and Forecast 2023-2028' by Expert Market Research gives an extensive outlook of the global sterile tubing welder market, assessing the market on the basis of its segments like modes, applications, end-uses, and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter's Five Forces Models.

Sterile Tubing Welder Market Size, Share, Trends, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

• Historical Market Size (2022): USD 2.23 billion
• Forecast CAGR (2023-2028): 4.80%

The global sterile tubing welder market is being driven by the increasing need for blood and blood products, advancements of genetics and cell therapy, and the rise in blood diseases. The rising need for personalised pharmaceuticals is another major factor driving the market for sterile tubing welders.

Get a Free Sample Report with Table of Contents - https://www.expertmarketresearch.com/reports/sterile-tubing-welder-market/requestsample

The market growth of sterile tubing welders is being further accelerated by the rapidly developing healthcare infrastructure of various countries, rise in illnesses, cancers, and other health issues, along with the accelerating commitments made by various governments to enhancing their healthcare systems. Blood products are in high demand and are utilised extensively due to the frequent and large number of blood transfusions carried out, necessitating sterile tubing.

The automatic mode of sterile tubing welders is predicted to maintain its leading position during the forecast period due to the improved weld quality and user-friendliness of these types of welding equipment, supporting the development of the sterile tubing welder market. Risks of blood infection, improper handling during blood processing, and inadequate storage are driving the demand for automatic sterile tubing welders. The portable nature and ease of use of automatic mode of sterile tubing welders are further expected to contribute to global sales.

Sterile Tubing Welder Industry Definition and Major Segments

Sterile tubing welders are used to connect two thermoplastic tubes of similar length with an antiseptic link. To create a working closed system, welding tube modules are tightly fitted into a tube clamp assembly. Sterile tube welders are frequently used in biotechnology, pharmaceuticals, blood banks, diagnostic labs, and other sectors to synthesise blood plasma and DNA cells for use in a variety of therapeutic procedures. Biological samples are also transferred to tubes that are completely sealed with sterile tubing welders before being sent to labs for additional testing.

Read Full Report with Table of Contents - https://www.expertmarketresearch.com/reports/sterile-tubing-welder-market

Based on mode, the market is bifurcated into:

• Automatic
• Manual

On the basis of application, the market is divided into:

• Blood Processing
• Biopharmaceuticals
• Diagnostic Laboratories
• Others

Based on end use, the market is segmented into:

• Hospitals
• Research Clinics
• Blood Centres
• Others

On the basis of region, the market is categorised into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Sterile Tubing Welder Market Trends

North America has held a strong position in the global sterile tubing welder market, and is expected to witness continued growth in the coming years. The market for sterile tubing welders in this region is expected to grow due to increase in the prevalence of chronic conditions, technological improvements, and a strong demand for sterile and sanitary settings to prevent contamination.

The Asia Pacific region is likely to experience rapid growth in the sterile tubing welder market over the course of the forecast period. This can be attributed to the expansion of the pharmaceutical and biopharmaceutical sectors, as well as an increase in investments in research and development. The need for effective and affordable sterile tubing welding devices is also greatly increased by the growing elderly population in the region. The considerable expansion of China's pharmaceutical and biotechnology sectors will likely have a positive impact on the market for sterile tubing welder as well.

Key Market Players

The major players in the global sterile tubing welder market report are

• Terumo BCT, Inc.
• Sartorius AG
• Cytiva
• GenesisBPS
• Vante and SEBRA
• Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Media Contact:

Company Name: Claight Corporation
Contact Person: Alex, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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