Press release
Medical Copper Tubing Market Outlook, Size, Insights And Overview 2024-2033
Medical Copper Tubing Market
The medical copper tubing market size is expected to see strong growth in the next few years. It will grow to $2.46 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to increased demand for medical devices, continued emphasis on infection control, rise in minimally invasive procedures, expansion of home healthcare, continued development of imaging technology.. Major trends in the forecast period include antimicrobial properties, advancements in manufacturing technology, rise in minimally invasive procedures, shift towards home healthcare, increased use in imaging and diagnostic equipment..
Market Overview -
Medical copper tubing refers to a device that is employed in hospitals for the supply of medical gases. These copper tubing's are corrosion-resistant, and strong that are used against bacteria and viruses.
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Increasing Medical Procedures Fuel Growth In The Medical Copper Tubing Market
The increase in the number of surgeries is expected to propel the growth of the medical copper tubing market going forward. Surgical procedures refer to a medical technique that involves making an incision using equipment to heal damage or stop the disease in a living body. Medical copper tubes serve an important part in the cleanliness and low-maintenance requirements for running life-saving tools, surgical and treatment equipment, and the medical vacuum system, which removes gases and fluids from patient-treatment areas during operations. For instance, according to April 2022 report published by The Aesthetic society on aesthetic plastic surgery statistics, the overall surgical procedure increased by 54% in 2021 compared with 2020. Furthermore, the total number of body surgery procedures counted to 921,664 in 2021 from 564,303 in 2020, which shows an increase of 63%. Therefore, the increase in the number of surgeries is driving the growth of the medical copper tubing market.
Competitive Landscape -
Major companies operating in the medical copper tubing market report are Amico Group of Companies, KME Group, Mueller Streamline Co., BeaconMedaes LLC, Cerro Flow Products LLC, UACJ Corp., ABC Tube Company Pvt. Ltd., B. Braun SE, Becton, Dickinson and Company, Merck & Co. Inc., Nordson Corporation, Novair Medical, Precision U.K. Ltd., Mehta Tubes Ltd., Great Lakes Copper Ltd., Mueller Industries Inc., Cambridge-Lee Industries LLC, J & D Tube Benders Inc., Wieland-Werke AG, NOVAIR Medical, Atlas Copco AB, Leggett & Platt Incorporated, Precision Marshall Steel Company, Luvata Oy, Brassco Tube Industries, Copper Tubing Sales, Metal Associates, Jugal Tube Pvt. Ltd., Hindustan Copper Ltd., Bhagyanagar India Ltd. .
Innovative Advancements Elevating Medical Copper Tubing Market
Product innovations are a key trend gaining popularity in the medical copper tubing market. Major companies operating in the medical copper tubing market are introducing innovative products to strengthen their position in the market. For instance, in June 2021, KME, a Germany-based company that manufactures copper and copper alloy products, launched a range of copper and copper alloy products including medical copper tubes whose antimicrobial properties improve health protection in highly frequented public places. The SaCup series of goods contains completed and semi-finished items that are used to neutralize viruses and germs in hospitals, especially for hospital beds and table constructions. These products are 100% recyclable and provide various benefits such as durability, health safety, and sustainability.
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Key Segments -
The medical copper tubing market covered in this report is segmented -
1) By Product Type: Bracketing, Fittings, Tubing
2) By Application: Carbon Dioxide, Medical Air, Medical Vacuum, Nitrogen, Nitrous Oxide, Oxygen
3) By End-user: Nursuing Home, Hospitals, Ambulatory Surgical Centres, Speciality Clinics
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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