The biopharmaceutical tubing market size is expected to see rapid growth in the next few years. It will grow to $6.65 billion in 2028 at a compound annual growth rate (CAGR) of 11.4%. The growth in the forecast period can be attributed to increasing biopharmaceutical production, stricter regulation policies, rising need for efficient and contamination-free bioprocessing, rising safety measures, and growing pharmaceutical R&D. Major trends in the forecast period include advancements in single-use systems, innovations in tubing materials, advancements in customized tubing solutions, and innovation in tubing design.
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Scope Of Biopharmaceutical Tubing Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Biopharmaceutical Tubing Market Overview
Market Drivers –
The increasing number of personalized medicines is expected to fuel the growth of the biopharmaceutical tubing market going forward. Personalized medicine refers to a medical approach that tailors healthcare decisions, practices, interventions, and treatments to the individual characteristics of each patient. The emphasis on personalized medicine is heightened due to genetic research, which enables tailored treatment approaches based on an individual’s genetic profile, lifestyle, and specific health conditions. Biopharmaceutical tubing plays a crucial role in personalized medicine by providing precise, sterile, and reliable fluid transfer, essential for delivering customized treatments and therapies tailored to individual patient profiles. For instance, in 2022, the Personalized Medicine Coalition, a US-based professional membership organization, reported that 12 new personalized medicines were approved, accounting for approximately 34% of all newly approved therapies, marking a significant increase compared to previous years. Therefore, the increasing number of personalized medicines is driving the growth of the biopharmaceutical tubing market.
Market Trends –
Major companies operating in the biopharmaceutical tubing market are developing next-generation customizable solutions such as bioabsorbable tubing to enhance performance, improve sterility, and optimize fluid handling for advanced biopharmaceutical applications. Bioabsorbable tubing refers to specialized tubing made from materials that gradually break down and are absorbed by the body over time, eliminating the need for removal after use. For instance, in September 2023, Zeus Company Inc., a US-based advanced polymer solutions provider, launched the Absorv XSE-oriented tubing, a next-generation bioabsorbable product designed for bioresorbable vascular scaffolds (BRS). This enables medical device manufacturers to explore BRS applications beyond coronary artery disease treatment and potentially replace metallic stents in various procedures. The new tubing features improved uniformity in wall thickness and sizing, which results in greater efficiency during laser cutting processes, ultimately leading to more usable scaffolds.
The biopharmaceutical tubing market covered in this report is segmented –
1) By Product: Silicone Tubing, Polyvinyl Chloride (PVC) Tubing, Polyolefin Tubing, Thermoplastic Elastomer Tubing
2) By Manufacturing Process: Extrusion, Vulcanization, Other Manufacturing Processes
3) By Application: Pharmaceutical, Medical Devices, Research And Development, Other Applications
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Regional Insights –
North America was the largest region in the biopharmaceutical tubing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the biopharmaceutical tubing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies in the market are Compagnie de Saint-Gobain S.A., Thermo Fisher Scientific Inc., Merck KGaA, GE HealthCare Technologies Inc., Parker Hannifin Corporation, DuPont de Nemours Inc., Freudenberg Group, Medline Industries LP, Avantor Inc., Alfa Laval AB, REHAU Group, W. L. Gore & Associates Inc., Sartorius AG, Elkem ASA, Trelleborg AB, Bio-Rad Laboratories Inc., Tekni-Plex Inc., Pall Corporation, Zeus Company Inc., Watson-Marlow Ltd., Raumedic AG, Qosina, Optinova AB, ESI Ultrapure
Table of Contents
1. Executive Summary
2. Biopharmaceutical Tubing Market Report Structure
3. Biopharmaceutical Tubing Market Trends And Strategies
4. Biopharmaceutical Tubing Market – Macro Economic Scenario
5. Biopharmaceutical Tubing Market Size And Growth
…..
27. Biopharmaceutical Tubing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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