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Medical Tubing Market To Expand with Significant CAGR During 2023-2032| Raumedic AG, Tekni-Plex, Inc., Freudenberg Medical, Nordson MEDICAL

12-12-2023 07:51 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Insight Services

Medical Tubing Market

Medical Tubing Market

Medical tubing is a type of tubing used in various medical applications. It is typically made from a variety of different materials, such as plastic, rubber, or metal, and can be used for a variety of different purposes, such as delivering fluids or medications to patients or draining fluids from patients. Medical tubing can be disposable or reusable and is often sterile to help prevent infection.

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Key Trends

One of the key trends in medical tubing technology is the development of thinner and more flexible tubing. This is in response to the need for smaller and less invasive medical devices. Another trend is the development of tubing that is less likely to kink or collapse. This is important because kinking can lead to blockages and collapsed tubing can lead to a loss of suction.

Key Drivers

The major drivers of this market are the increasing demand for minimally invasive surgeries, the rising prevalence of chronic diseases, and the growing geriatric population.

The minimally invasive surgeries are associated with a shorter hospital stay, lower complication rates, and reduced scarring. This, in turn, is leading to the increasing demand for these surgeries, which is driving the growth of the medical tubing market.

The rising prevalence of chronic diseases such as cancer, cardiovascular diseases, and diabetes is another major driver of the market. These diseases require long-term treatment, which often involves the use of medical tubes for administering drugs or for performing dialysis.

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Key Market Segments

The medical tubing market bifurcated on the basis of material, structure, application and region. On the basis of material it is segmented into plastics, rubbers, specialty polymers, and others. By structure, it is divided into single-lumen, co-extruded, multi-lumen, and others. By application, it is spread across bulk disposable tubing, drug delivery system, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.

Key Market Players

The medical tubing market report includes players such as Saint-Gobain Performance Plastics Corporation (USA), Raumedic AG (Germany), Tekni-Plex, Inc. (USA), Freudenberg Medical (USA), Nordson MEDICAL (USA), Zeus Industrial Products, Inc. (USA), RAUMEDIC Inc. (USA), Medico S.p.A. (Italy), Saint-Gobain Performance Plastics (France), and Putnam Plastics Corporation (USA)

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Reasons to buy Medical Tubing Market Report:

• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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