Market Segmentation
The global Medical Tubing Market Size is segmented into material, structure,
applications, and region.
On the basis of the material, the global Medical Tubing
Market Size is segmented into plastic,
rubber, and metal. Among these, the plastic is sub-segmented into polyvinyl
chloride (PVC), polyethylene (PE), polypropylene (PP), polyether ether ketone
(PEEK), polyamide, polytetrafluoroethylene (PTFE), perfluoroalkoxy (PFA),
fluorinated ethylene propylene (FEP), polycarbonate (PC), bioabsorbable
polymers, polyester, polylactic acid (PLA), ethylene-vinyl acetate (EVA).
The Rubber is further segmented into silicone, thermoplastic elastomer, and
polyurethane.
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The metal is sub-segmented into titanium, steel, aluminum,
and others. A plastic material such as PVC, FEP & PTFE is used majorly in
the manufacturing of medical tubes owing to lubricity and biocompatibility.
PVC is widely used as a result of low cost and equivalent functional
properties. Silicone is being increasingly used due to good resistance to
extreme temperature, high level of purity, and good resilience.
Based on the structure, the market is segregated into
single-lumen, multi-lumen, co-extruded, tapered or bump, braided, balloon, heat
shrink, high-pressure, thin-walled, coiled, microextrusion. These medical
tubings are used in different applications according to different
specifications. Microextrusion tubing is widely used in the neurological and
surgical applications.
On the basis of the application, the market is divided into
bulk disposable tubing, draining blood, catheters & cannulas, drug delivery
systems, and special applications. Among these, bulk disposable tubing is
sub-segmented into dialysis & intravenous. Catheters are sub-segmented into
cardiovascular, intravenous, and urinary catheters. Special applications are
sub-segmented into a peristaltic pump, gas supply, smoke evacuation, and
feeding tubes. Drug delivery system is the fastest growing application in the
market due to its use in controlled release of therapeutic agents. The product
is vastly used in endoscopes, fluid management, bypass procedures, wound
drainage, and catheters.
Key Players
Some of the key players in the global Medical
Tubing Market Size are
Saint-Gobain Performance Plastics (U.S.), AP Technologies Group Pte. Ltd.
(Singapore), Teleflex Incorporated (U.S.), Optinova (Finland), Fine Tubes Ltd.
(UK), Zeus Industrial Products, Inc. (U.S.), Tekni-Plex (Pennsylvania),
RAUMEDIC AG (Germany), Lubrizol Corporation (U.S.), Nordson Corporation (U.S.),
Davis Standard (U.S.), and Putnam Plastics (U.S.).
Regional Analysis
Geographically, the global market is segmented into five
regions: North America, Europe, Asia Pacific, Latin America, and the Middle
East & Africa. North America accounted for the largest share of the Medical
Tubing Market Size owing to increasing
spending on healthcare by the rising geriatric population. Growing production
of innovative and technically advanced medical devices in the U.S. North
America was closely followed by Europe, which is a prominent region in the
global Medical Tubing Market Size as a
result of rising R&D activities in the medical industry.
Asia Pacific is the fastest growing region in Medical Tubing
Market Size as a result of rising health
awareness among the consumers coupled with increasing disposable income.
Adoption of new technologies for various pharmaceutical and medical
applications is expected to augment the market growth.
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