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Medical Tubing Market Technology, Demand, Future Growth, Applications, Types, Analysis, Insights and Forecasts 2032
Medical Tubing Market
As the elderly population grows, so does the need for medical tubing in procedures like feeding, drainage, and drug delivery. According to the World Health Organization (WHO), by 2030, one in six people globally will be aged 60 years or older, highlighting the critical role of medical tubing in caring for this demographic.
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Key Market Drivers
Innovation among manufacturers is a major contributor to the growing demand for medical tubing. A notable example is Zeus, a medical tube producer that introduced the Absorv XSE oriented tubing in September 2023. This new product, designed to replace metallic components in vascular scaffolds, underscores how technological advancements are shaping the future of healthcare.
The prevalence of chronic diseases is also driving market growth. Medical tubing is crucial in treating conditions like cardiovascular diseases (CVDs), cancer, and diabetes, which are on the rise due to urbanization, poor diet, and sedentary lifestyles. According to WHO, CVDs account for 17.9 million deaths annually, followed by cancer (9.3 million) and diabetes (2 million, including kidney disease caused by diabetes). These figures highlight the increasing need for reliable medical tubing solutions.
Challenges in the Market
Despite the positive outlook, the availability of substitutes for medical tubing poses a challenge to market growth. Alternatives such as intramuscular injections (IM) and oral medications offer patients other ways to administer drugs, reducing reliance on tubes. Many patients prefer oral medications, such as tablets and syrups, due to ease of use and comfort, potentially limiting the growth of the medical tubing market.
Material Segment Insights
Plastics remain the dominant material in the medical tubing market, with the plastic segment holding the largest market share in 2022. This is largely due to the flexibility and ease of manufacturing with plastics like Polyvinyl Chloride (PVC). PVC is widely used because it is biocompatible, easy to sterilize, and resistant to water and chemicals, making it a popular choice among manufacturers.
Rubber, on the other hand, is expected to see moderate growth. Rubber tubing, commonly used for procedures like dialysis and urinary drainage, offers good temperature resistance and flexibility. The rising demand for healthcare services and the growing elderly population are likely to further support the growth of this segment.
Application Segment Insights
Among various applications, the drug delivery system is set to account for a significant portion of the market. The growing use of systems that deliver medications directly to targeted parts of the body, such as pills or vaccines, is driving demand for medical tubing. One recent technological advancement in this area is the development of microneedle arrays, a painless and effective method for delivering drugs through the skin without impacting nerves.
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Medical Tubing Top Companies and Competitive Landscape
The medical tubing market is fragmented, with several key players accounting for the majority of market revenue. Major players are deploying various strategies, entering mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing new products and solutions in the market.
Some major players included in the global medical tubing market report are:
Saint-Gobain
Freudenberg Medical
W. L. Gore & Associates, Inc.
The Lubrizol Corporation
RAUMEDIC AG
Nordson Corporation
Zarys International Group
Hitachi, Ltd.
NewAge Industries
TE Connectivity
Optinova
Elkem ASA
Qosina
Smith's Group plc
Medtronic
Medical Tubing Latest Industry Updates
On 25 March 2023 Murugappa Group Company agreed to a share purchase deal with Premji Investment to acquire Lotus Surgicals from India Medical Consumables Holdings Limited. The joint acquisition would result in the manufacturing of innovative world class medical products at a reasonable price.
On 30 November 2022, Freudenberg Medical, a U. S -. based manufacturer of medical and pharmaceutical devices, components, and tubing, launched Helix Flex, a high-purity thermoplastic elastomer TPE tubing designed for use in biopharmaceutical fluid transfer applications. TPE tubing is considered an environmentally friendly option than silicone and hence can be recycled.
Medical Tubing Market Segmentation Analysis
For the purpose of this report, Emergen Research has segmented the global medical tubing market on the basis of material, structure, application, and region:
Material Outlook (Revenue, Volume, USD Billion; 2019-2032)
Plastics
Rubbers
Specialty Polymers
Structure Outlook (Revenue, Volume, USD Billion; 2019-2032)
Single Lumen
Co-Extended
Multi Lumen
Braided Tubing
Application Outlook (Revenue, Volume, USD Billion; 2019-2032)
Bulk Disposable Tubing
Drug Delivery Systems
Catheters and Cannulas
Others
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Regional Outlook (Revenue, Volume, USD Billion; 2019-2032)
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of Middle East & Africa
Related Reports:
Medical Tubing Market Size: https://www.emergenresearch.com/industry-report/medical-tubing-market/market-size
Medical Tubing Market Share: https://www.emergenresearch.com/industry-report/medical-tubing-market/market-share
Medical Tubing Market Trends: https://www.emergenresearch.com/industry-report/medical-tubing-market/market-trends
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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