The size of the global medical tubing market is anticipated to increase from USD 4.9 billion in 2021 to USD 7.9 billion by 2026, at a CAGR of 10.0% between 2021 and 2026, according to the report “Medical Tubing Market by Material (Plastics, Rubbers, Specialty Polymers), Application (Bulk Disposable Tubing, Catheters & Cannulas, Drug Delivery Systems, and Special Applications), Structure, and Region – Global Forecast to 2026 A polymer-based tube made by the extrusion technique is medical tubing. To remove fluids and provide medications, medical tubes can be put into the human body. They are also utilized in numerous medical devices, including peristaltic pumps, catheters, cannulas, and devices used to remove or administer medications. The global market for medical tubing is ultimately driven by rising awareness and government attempts to offer top-notch healthcare facilities.
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During the forecast period, the bulk disposable tubing application segment is anticipated to dominate the medical tubing market.
Common disposable tubing, another name for single-use disposable medical tubing, is made to be thrown away after usage. Modernizing healthcare infrastructure, preventing infection, and the need for more efficiency are the main growth factors influencing the bulk disposable tubing market. Due to rising economic growth, rising disposable income and purchasing power, and rising government investments in delivering high-quality healthcare facilities, this market is expanding exponentially in developing nations. Bulk disposable tubing includes IV infusion tubes, respiratory disposables, dialysis products, laboratory disposables, wound care, and tubes used in blood bags for blood transfusion.
During the anticipated period, the plastic material segment is anticipated to dominate the medical tubing market.
In terms of volume, the plastics category held the largest share (56.5%) of the worldwide medical tubing market in 2020. Due to its low cost and simplicity of processing, plastic dominates the market for medical tubing. Due to its low cost, PVC is a popular plastic that is used to make medical tubing. It is a preferred material for medical tubing because of how simple it is to fabricate, manufacture, and assemble.
The largest market for medical tubing is anticipated to be in North America during the forecast period.
The region with the biggest market share for medical tubing worldwide was North America, and this trend is expected to continue over the course of the projection period thanks to the region’s governments’ keen interest in developing world-class healthcare facilities.
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The leading companies in this market are Saint-Gobain (France), Freudenberg Medical LLC. (US), W.L. Gore and Associates Inc. (US), Avient Corporation (US), Raumedic AG (Germany), Lubrizol Corporation (US), Elkem ASA (Norway), Dow Corning Corporation (US), Nordson Corporation (US), Teknor Apex (US), and Optinova (Finland).
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