Medical Tubing Market by Product Type, End-Users, and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2030

Description

Persistence Market Research has recently published an in-depth analysis of the global Medical Tubing Market, offering a comprehensive overview of key market dynamics, growth drivers, challenges, and emerging trends. This report provides valuable insights into the structure of the Medical Tubing Market, presenting exclusive data and statistics that forecast the market's growth trajectory from 2023 to 2030.

The global medical tubing market is expected to grow at a CAGR of 8.0%, reaching US$18.5 billion by 2030 from US$10.8 billion in 2023.

Key Insights:

Medical Tubing Market Size (2023E): US$10.8 Bn
Projected Market Value (2030F): US$18.5 Bn
Global Market Growth Rate (CAGR 2023 to 2030): 8.0%
Historical Market Growth Rate (CAGR 2018 to 2022): 7.8%

Medical Tubing Market- Report Scope:

Medical tubing, vital in conveying fluids and gases in medical devices, is made from materials like silicone, nylon, PVC, and polyethylene. Its versatility suits various applications like fluid management, catheters, and respiratory devices. With attributes such as temperature resistance and compatibility with the human body, it's crucial in healthcare. Compliance with FDA standards ensures reliability. The market is poised for growth due to rising chronic diseases, driving demand for medical tubing in surgical procedures.

Market Growth Drivers:

The growing global elderly population and advancements in healthcare infrastructure are key drivers for the medical tubing market. Increased demand for minimally invasive treatments for conditions like cardiovascular diseases and cancer fuels the need for advanced tubing systems. Materials like nylon, plastic polymers, and silicone are in high demand for crafting catheters and medical tubing. In the US, a strong healthcare infrastructure and a significant elderly demographic further boost demand.

Market Restraints:

Stringent regulations, including ISO 10993 and USP Class VI standards, pose challenges for medical tubing manufacturers, requiring rigorous compliance and certifications. These standards assess biocompatibility and material suitability, adding complexity for new entrants. Significant investment, time commitment, and regulatory hurdles, including delays in approvals and high R&D expenses, further restrain market growth.

Market Opportunities:

The growing healthcare sector, fueled by increased investment and favorable regulations, offers significant opportunities for the medical tubing market. Rising public spending on healthcare infrastructure in developing nations, driven by changing demographics and consumer preferences, presents substantial potential for medical tubing utilization in medical devices. This trend indicates promising growth prospects for the medical tubing market, particularly in emerging economies.

Key Questions Answered in the Report:

What are the key factors driving the growth of the Medical Tubing Market?
Which industry verticals are driving the demand for Medical Tubing?
How are technological advancements reshaping the competitive landscape of the Medical Tubing Market?
Who are the leading players in the global Medical Tubing Market?
What are the emerging trends and future prospects in the global Medical Tubing Market?

Competitive Intelligence and Business Strategy:

Leading organizations such as Asahi Tec Corp., MDC Industries, and Nordson Corp are driving innovation and leveraging their expertise in the Medical Tubing industry. They prioritize technological advancements, strategic alliances, and adherence to safety standards to meet the needs of medical device manufacturers and healthcare facilities. Competing in a challenging regulatory landscape, these companies focus on product innovation, quality, and regulatory compliance to gain a competitive edge. With anticipated market growth, manufacturers have significant opportunities but must maintain high standards to thrive. To stand out, businesses differentiate their products through unique attributes, precision, and comprehensive solutions.

Key Companies Profiled:

Asahi Tec Corp.
MDC Industries
Nordson Corp.
ZARYS International Group
Hitachi Cable America Inc.
NewAge Industries, Inc.
TE Connectivity
Freudenberg & Co. KG
Spectrum Plastics Group
ATAG SpA

Medical Tubing Market Segmentation:

By Material:

Plastics
Rubbers
Specialty polymers
Others

By Application:

Bulk disposable tubing
Catheters & cannulas
Drug delivery systems
Special applications

By Structure:

Single-lumen
Co-extruded
Multi-lumen
Tapered or bump tubing
Braided tubing

By Region:

North America
Europe
East Asia
South Asia & Oceania
Latin America
Middle East & Africa

Product Code: PMRREP34008

1. Executive Summary

1.1. Global Medical Tubing Market Snapshot, 2023 and 2030
1.2. Market Opportunity Assessment, 2023 - 2030, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Material Lifecycle Analysis
2.4. Medical Tubing Market: Value Chain
- 2.4.1. List of Raw Material Supplier
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of Applications
- 2.4.5. Profitability Analysis
2.5. Porter Five Force's Analysis
2.6. Geopolitical Tensions: Market Impact
2.7. Macro-Economic Factors
- 2.7.1. Global Sectorial Outlook
- 2.7.2. Global GDP Growth Outlook
- 2.7.3. Global Parent Market Overview
2.8. Forecast Factors - Relevance and Impact
2.9. Regulatory and Technology Landscape

3. Global Medical Tubing Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

3.1. Key Highlights
- 3.1.1. Market Volume (Units) Projections
- 3.1.2. Market Size and Y-o-Y Growth
- 3.1.3. Absolute $ Opportunity
3.2. Market Size (US$ Mn) Analysis and Forecast
- 3.2.1. Historical Market Size Analysis, 2013-2016
- 3.2.2. Current Market Size Forecast, 2018-2026
3.3. Global Medical Tubing Market Outlook: Material
- 3.3.1. Introduction / Key Findings
- 3.3.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Material, 2018 - 2022
- 3.3.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Material, 2023 - 2030
  - 3.3.3.1. Plastics
  - 3.3.3.2. Rubbers
  - 3.3.3.3. Specialty polymers
  - 3.3.3.4. Others
3.4. Market Attractiveness Analysis: Material
3.5. Global Medical Tubing Market Outlook: Application
- 3.5.1. Introduction / Key Findings
- 3.5.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Application, 2018 - 2022
- 3.5.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
  - 3.5.3.1. Bulk disposable tubing
  - 3.5.3.2. Catheters & cannulas
  - 3.5.3.3. Drug delivery systems
  - 3.5.3.4. Special applications
3.6. Market Attractiveness Analysis: Application
3.7. Global Medical Tubing Market Outlook: Structure
- 3.7.1. Introduction / Key Findings
- 3.7.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Structure, 2018 - 2022
- 3.7.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Structure, 2023 - 2030
  - 3.7.3.1. Single-lumen
  - 3.7.3.2. Co-extruded
  - 3.7.3.3. Multi-lumen
  - 3.7.3.4. Tapered or bump tubing
  - 3.7.3.5. Braided tubing
3.8. Market Attractiveness Analysis: Structure

4. Global Medical Tubing Market Outlook: Region

4.1. Key Highlights
4.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Region, 2018 - 2022
4.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Region, 2023 - 2030
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. East Asia
- 4.3.4. South Asia and Oceania
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa (MEA)
4.4. Market Attractiveness Analysis: Region

5. North America Medical Tubing Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

5.1. Key Highlights
5.2. Pricing Analysis
5.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 5.3.1. By Country
- 5.3.2. By Material
- 5.3.3. By Application
- 5.3.4. By Structure
5.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 5.4.1. U.S.
- 5.4.2. Canada
5.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Material, 2023 - 2030
- 5.5.1. Plastics
- 5.5.2. Rubbers
- 5.5.3. Specialty polymers
- 5.5.4. Others
5.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 5.6.1. Bulk disposable tubing
- 5.6.2. Catheters & cannulas
- 5.6.3. Drug delivery systems
- 5.6.4. Special applications
5.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Structure, 2023 - 2030
- 5.7.1. Single-lumen
- 5.7.2. Co-extruded
- 5.7.3. Multi-lumen
- 5.7.4. Tapered or bump tubing
- 5.7.5. Braided tubing
5.8. Market Attractiveness Analysis

6. Europe Medical Tubing Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

6.1. Key Highlights
6.2. Pricing Analysis
6.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 6.3.1. By Country
- 6.3.2. By Material
- 6.3.3. By Application
- 6.3.4. By Structure
6.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 6.4.1. Germany
- 6.4.2. France
- 6.4.3. U.K.
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. Turkiye
- 6.4.8. Rest of Europe
6.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Material, 2023 - 2030
- 6.5.1. Plastics
- 6.5.2. Rubbers
- 6.5.3. Specialty polymers
- 6.5.4. Others
6.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 6.6.1. Bulk disposable tubing
- 6.6.2. Catheters & cannulas
- 6.6.3. Drug delivery systems
- 6.6.4. Special applications
6.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Structure, 2023 - 2030
- 6.7.1. Single-lumen
- 6.7.2. Co-extruded
- 6.7.3. Multi-lumen
- 6.7.4. Tapered or bump tubing
- 6.7.5. Braided tubing
6.8. Market Attractiveness Analysis

7. East Asia Medical Tubing Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 7.3.1. By Country
- 7.3.2. By Material
- 7.3.3. By Application
- 7.3.4. By Structure
7.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. South Korea
7.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Material, 2023 - 2030
- 7.5.1. Plastics
- 7.5.2. Rubbers
- 7.5.3. Specialty polymers
- 7.5.4. Others
7.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 7.6.1. Bulk disposable tubing
- 7.6.2. Catheters & cannulas
- 7.6.3. Drug delivery systems
- 7.6.4. Special applications
7.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Structure, 2023 - 2030
- 7.7.1. Single-lumen
- 7.7.2. Co-extruded
- 7.7.3. Multi-lumen
- 7.7.4. Tapered or bump tubing
- 7.7.5. Braided tubing
7.8. Market Attractiveness Analysis

8. South Asia & Oceania Medical Tubing Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 8.3.1. By Country
- 8.3.2. By Material
- 8.3.3. By Application
- 8.3.4. By Structure
8.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 8.4.1. India
- 8.4.2. Southeast Asia
- 8.4.3. ANZ
- 8.4.4. Rest of South Asia & Oceania
8.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Material, 2023 - 2030
- 8.5.1. Plastics
- 8.5.2. Rubbers
- 8.5.3. Specialty polymers
- 8.5.4. Others
8.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 8.6.1. Bulk disposable tubing
- 8.6.2. Catheters & cannulas
- 8.6.3. Drug delivery systems
- 8.6.4. Special applications
8.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Structure, 2023 - 2030
- 8.7.1. Single-lumen
- 8.7.2. Co-extruded
- 8.7.3. Multi-lumen
- 8.7.4. Tapered or bump tubing
- 8.7.5. Braided tubing
8.8. Market Attractiveness Analysis

9. Latin America Medical Tubing Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 9.3.1. By Country
- 9.3.2. By Material
- 9.3.3. By Application
- 9.3.4. By Structure
9.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
9.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Material, 2023 - 2030
- 9.5.1. Plastics
- 9.5.2. Rubbers
- 9.5.3. Specialty polymers
- 9.5.4. Others
9.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 9.6.1. Bulk disposable tubing
- 9.6.2. Catheters & cannulas
- 9.6.3. Drug delivery systems
- 9.6.4. Special applications
9.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Structure, 2023 - 2030
- 9.7.1. Single-lumen
- 9.7.2. Co-extruded
- 9.7.3. Multi-lumen
- 9.7.4. Tapered or bump tubing
- 9.7.5. Braided tubing
9.8. Market Attractiveness Analysis

10. Middle East & Africa Medical Tubing Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 10.3.1. By Country
- 10.3.2. By Material
- 10.3.3. By Application
- 10.3.4. By Structure
10.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 10.4.1. GCC
- 10.4.2. Egypt
- 10.4.3. South Africa
- 10.4.4. Northern Africa
- 10.4.5. Rest of Middle East & Africa
10.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Material, 2023 - 2030
- 10.5.1. Plastics
- 10.5.2. Rubbers
- 10.5.3. Specialty polymers
- 10.5.4. Others
10.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 10.6.1. Bulk disposable tubing
- 10.6.2. Catheters & cannulas
- 10.6.3. Drug delivery systems
- 10.6.4. Special applications
10.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Structure, 2023 - 2030
- 10.7.1. Single-lumen
- 10.7.2. Co-extruded
- 10.7.3. Multi-lumen
- 10.7.4. Tapered or bump tubing
- 10.7.5. Braided tubing
10.8. Market Attractiveness Analysis

11. Competition Landscape

11.1. Market Share Analysis, 2022
11.2. Market Structure
- 11.2.1. Competition Intensity Mapping By Market
- 11.2.2. Competition Dashboard
- 11.2.3. Apparent Product Capacity
11.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 11.3.1. Asahi Tec Corp.
  - 11.3.1.1. Overview
  - 11.3.1.2. Segments and Product
  - 11.3.1.3. Key Financials
  - 11.3.1.4. Market Developments
  - 11.3.1.5. Market Strategy
- 11.3.2. MDC Industries
  - 11.3.2.1. Overview
  - 11.3.2.2. Segments and Product
  - 11.3.2.3. Key Financials
  - 11.3.2.4. Market Developments
  - 11.3.2.5. Market Strategy
- 11.3.3. Nordson Corp.
  - 11.3.3.1. Overview
  - 11.3.3.2. Segments and Product
  - 11.3.3.3. Key Financials
  - 11.3.3.4. Market Developments
  - 11.3.3.5. Market Strategy
- 11.3.4. ZARYS International Group
  - 11.3.4.1. Overview
  - 11.3.4.2. Segments and Product
  - 11.3.4.3. Key Financials
  - 11.3.4.4. Market Developments
  - 11.3.4.5. Market Strategy
- 11.3.5. Hitachi Cable America Inc.
  - 11.3.5.1. Overview
  - 11.3.5.2. Segments and Product
  - 11.3.5.3. Key Financials
  - 11.3.5.4. Market Developments
  - 11.3.5.5. Market Strategy
- 11.3.6. NewAge Industries, Inc.
  - 11.3.6.1. Overview
  - 11.3.6.2. Segments and Product
  - 11.3.6.3. Key Financials
  - 11.3.6.4. Market Developments
  - 11.3.6.5. Market Strategy
- 11.3.7. TE Connectivity
  - 11.3.7.1. Overview
  - 11.3.7.2. Segments and Product
  - 11.3.7.3. Key Financials
  - 11.3.7.4. Market Developments
  - 11.3.7.5. Market Strategy
- 11.3.8. Freudenberg & Co. KG
  - 11.3.8.1. Overview
  - 11.3.8.2. Segments and Product
  - 11.3.8.3. Key Financials
  - 11.3.8.4. Market Developments
  - 11.3.8.5. Market Strategy
- 11.3.9. Spectrum Plastics Group
  - 11.3.9.1. Overview
  - 11.3.9.2. Segments and Product
  - 11.3.9.3. Key Financials
  - 11.3.9.4. Market Developments
  - 11.3.9.5. Market Strategy
- 11.3.10. ATAG SpA
  - 11.3.10.1. Overview
  - 11.3.10.2. Segments and Product
  - 11.3.10.3. Key Financials
  - 11.3.10.4. Market Developments
  - 11.3.10.5. Market Strategy

12. Appendix

12.1. Research Methodology
12.2. Research Assumptions
12.3. Acronyms and Abbreviations