Global Medical Tubing Market Size (2024 - 2029)

The medical tubing market is anticipated to experience substantial growth, driven by factors such as the increasing prevalence of chronic diseases, an aging population, and a rising demand for minimally invasive procedures and disposable medical devices. The COVID-19 pandemic initially disrupted supply chains and production, impacting market expansion. However, the demand for ventilator tubing and other medical applications has spurred recovery and growth. Strategic initiatives, including product launches and mergers, are expected to further enhance market size. Despite these growth drivers, the market faces challenges due to the significant investments and time required for product development.

Market Size of Global Medical Tubing Industry

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Medical Tubing Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
CAGR 8.50 %
Fastest Growing Market Asia-Pacific
Largest Market North America

Major Players

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*Disclaimer: Major Players sorted in no particular order

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Medical Tubing Market Analysis

The Medical Tubing Market is Expected to witness a CAGR of 8.5% during the study period (2022-2027).

In recent times, countries have faced a huge threat of COVID-19. The medical tubing market growth was significantly impacted by COVID-19 owing to supply chain disruptions and an increase in hospital admissions. The article 'Critical Supply Shortages - The Need for Ventilators and Personal Protective Equipment during the Covid-19 Pandemic,' published in April 2020, indicated that there was an increase in demand for ventilators as the complications associated with COVID-19 were surging and leading to mortality. Therefore, this increase in ventilator demand also surged the demand for ventilator tubing, which has driven the market growth. However, the production of medical tubes was severely impacted due to COVID-19-induced lockdown, labor shortage, decrease in the production of raw materials such as plastics and rubbers, the surge in prices of raw materials, and others that were a burden on the market growth.

The factors propelling the studied market growth are the growing burden of chronic diseases and the geriatric population, rising demand for minimally invasive medical procedures, and increasing demand for disposable tube-based medical devices. In addition, new product launches and strategic initiatives taken by the key market players will further drive the market growth.

As per the article 'Microelectronic Catheter for Minimally Invasive Surgery of the Future,' published in January 2022, catheters are significantly important for minimally invasive surgery due to easily procedures for the removal of blood clots, the insertion of implants, or the targeted administration of drugs, and are intended to be particularly gentle for patients. Such advantages of catheters increase their demand and are expected to increase during the study period, which will boost the studied market.

Additionally, strategic initiatives such as product launches, mergers, and acquisitions, partnerships, and others will also lead to lucrative growth of the market. For instance, in April 2021, BioCardia, Inc. entered into an agreement with one of the leading Japanese biotechnology companies related to BioCardia Helix catheter biotherapeutic delivery product candidates. It is a non-exclusive, worldwide license to BioCardia Helix catheter biotherapeutic delivery product candidates for certain cell types for cardiac indications. Under the terms of the agreement, BioCardia will receive USD 500,000 for biotherapeutic delivery products and support services.

Furthermore, in June 2021, Zeus Industrial Products, Inc. acquired CathX Medical Inc., a medical device contract manufacturer that offers customers a single source for catheter design engineering services, rapid prototyping, manufacturing, and full or sub-assemblies. Such acquisition will expand the product offerings of Zeus and its geographical footprints, which will drive market growth. Also, In February 2022, Zeus Industrial Products launched its PTFE Sub-Lite-Wall multi-lumen tubing to its product portfolio designed for steerable catheters.

Therefore, owing to the aforementioned factors, the studied market is expected to grow significantly during the study period. However, huge investments and time required for product development are expected to hinder the market growth during the study period.

Medical Tubing Industry Segmentation

As per the scope of the report, medical tubing is designed for a number of applications that allow clinicians to administer fluid and devices or allow for gas flow. Common applications of medical tubing include ventilators and IVs, but tubing also finds uses in supporting access devices and as a delivery method for other devices. The Medical Tubing Market is Segmented by Material (Plastics, Rubbers, and Specialty Polymers), by Application (Bulk Disposable Tubing, Drug Delivery Systems, Catheters and Cannulas, and Others (Peristaltic Pump Tubing, Gas Supply Tubing, and Smoke Evacuation Tubing)), by Structure (Single Lumen, Co-Extruded, Multi Lumen, and Braided Tubing) and by Geography (North America, Europe, Asia Pacific, Middle-East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD million) for the above segments.

By Material
Plastics
Rubbers
Specialty Polymers
By Application
Bulk Disposable Tubing
Drug Delivery Systems
Catheters and Cannulas
Others (Peristaltic Pump Tubing, Gas Supply Tubing and Smoke Evacuation Tubing)
By Structure
Single Lumen
Co-Extruded
Multi Lumen
Braided Tubing
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle-East and Africa
GCC
South Africa
Rest of Middle-East and Africa
South America
Brazil
Argentina
Rest of South America
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Global Medical Tubing Market Size Summary

The medical tubing market is poised for significant growth, driven by the increasing prevalence of chronic diseases and a rising geriatric population. The demand for minimally invasive medical procedures and disposable tube-based devices is on the rise, further propelling market expansion. Strategic initiatives such as product launches, mergers, and acquisitions by key players are expected to enhance market dynamics. The COVID-19 pandemic initially disrupted supply chains and impacted production, but it also highlighted the critical need for medical tubing, particularly in ventilators, which has since contributed to market recovery and growth. Innovations in catheter technology for minimally invasive surgeries are also boosting demand, as they offer patient-friendly solutions for various medical procedures.

In North America, the medical tubing market is expected to experience robust growth, with the United States playing a significant role due to its high prevalence of chronic conditions like kidney disease. The region's market growth is supported by numerous product launches and regulatory approvals, which are enhancing the availability and adoption of advanced medical tubing solutions. Strategic activities by major players, including partnerships and acquisitions, are further strengthening market presence and expanding product offerings. The competitive landscape remains moderate, with key companies like Saint-Gobain, Freudenberg Medical, and W. L. Gore & Associates actively contributing to market advancements through innovative product developments and strategic collaborations.

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Global Medical Tubing Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Growing Burden of Chronic Diseases and Geriatric Population

      2. 1.2.2 Rising Demand for Minimally Invasive Medical Procedures

      3. 1.2.3 Increasing Demand of Disposable Tube Based Medical Devices

    3. 1.3 Market Restraints

      1. 1.3.1 Huge Investments and Time Required for Product Development

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Market Size by Value - USD Million)

    1. 2.1 By Material

      1. 2.1.1 Plastics

      2. 2.1.2 Rubbers

      3. 2.1.3 Specialty Polymers

    2. 2.2 By Application

      1. 2.2.1 Bulk Disposable Tubing

      2. 2.2.2 Drug Delivery Systems

      3. 2.2.3 Catheters and Cannulas

      4. 2.2.4 Others (Peristaltic Pump Tubing, Gas Supply Tubing and Smoke Evacuation Tubing)

    3. 2.3 By Structure

      1. 2.3.1 Single Lumen

      2. 2.3.2 Co-Extruded

      3. 2.3.3 Multi Lumen

      4. 2.3.4 Braided Tubing

    4. 2.4 Geography

      1. 2.4.1 North America

        1. 2.4.1.1 United States

        2. 2.4.1.2 Canada

        3. 2.4.1.3 Mexico

      2. 2.4.2 Europe

        1. 2.4.2.1 Germany

        2. 2.4.2.2 United Kingdom

        3. 2.4.2.3 France

        4. 2.4.2.4 Italy

        5. 2.4.2.5 Spain

        6. 2.4.2.6 Rest of Europe

      3. 2.4.3 Asia-Pacific

        1. 2.4.3.1 China

        2. 2.4.3.2 Japan

        3. 2.4.3.3 India

        4. 2.4.3.4 Australia

        5. 2.4.3.5 South Korea

        6. 2.4.3.6 Rest of Asia-Pacific

      4. 2.4.4 Middle-East and Africa

        1. 2.4.4.1 GCC

        2. 2.4.4.2 South Africa

        3. 2.4.4.3 Rest of Middle-East and Africa

      5. 2.4.5 South America

        1. 2.4.5.1 Brazil

        2. 2.4.5.2 Argentina

        3. 2.4.5.3 Rest of South America

Global Medical Tubing Market Size FAQs

The Global Medical Tubing Market is projected to register a CAGR of 8.5% during the forecast period (2024-2029)

Saint-Gobain, Freudenberg Medical, W. L. Gore & Associates, Inc., The Lubrizol Corporation  and Raumedic AG are the major companies operating in the Global Medical Tubing Market.

Medical Tubing Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)