AMedical Tubing Market was valued at USD 5.94 Billion in 2022, and it is expected to reach USD 11.74 Billion by 2029, exhibiting a CAGR of 10.2% during the forecast period (2023-2029)
AMedical Tubing Market Overview:
The research " AMedical Tubing Market" seeks to provide up-to-date market intelligence and aid decision-makers in making sound investment decisions. It also offers a comprehensive analysis of the global AMedical Tubing Market by Product Type, Application, Key Manufacturers, and Several Key Regions.
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AMedical Tubing Market Scope:
The research focuses on the AMedical Tubing market’s growth prospects, constraints, and market analyses. The research employs Porter's five forces analysis of the AMedical Tubing industry to assess the impact of several variables on AMedical Tubing market trends, including supplier bargaining power etc
AMedical Tubing Market Drivers:
Increase in geriatric population: The ageing population has greatly increased the need for medical equipment that utilise tubing, hence boosting the medical tubing market. According to the United Nations (UN) Globe Populations Ageing report 2022, the world has an estimated 727 million individuals aged 65 and more. This figure is estimated to more than double by 2050. The majority of the increase in the ageing population is seen in developing countries, whereas it is mild in developed countries. China, India, the United States, Indonesia, Brazil, and Nigeria are estimated to have the most people by 2050. These countries' life expectancy is increasing as their healthcare systems improve. The need for portable, lightweight medical equipment and tubes will rise as a result of this demographic shift. In these regions, the usage of devices such as home care equipment, patient monitoring equipment, and enteral tube feeding equipment will expand at a rapid pace. The need for tubes and equipment connected to cardiovascular and respiratory disorders is expected to rise as well.
AMedical Tubing Market Segmentation:
by Material
Plastics
Polyvinyl chloride (PVC)
Polyolefin
Polyethylene (PE)
Polypropylene (PP)
Polyamide
Polyterafluoroethylene (PTFE)
Poly ether ether ketone (PEEK)
Perfluoroalkoxy (PFA)
Polycarbonate (PC)
Rubbers
Thermoplastic elastomer (TPE)
Thermoplastic polyurethane (TPU)
Silicone
Polyurethane (PU)
Ethylene propylene diene monomer (EPDM)
Latex
Specialty Polymers
Bioabsorbable polymer
Ethylene vinyl acetate (EVA)
by Structure
Single-lumen
Co-extruded
Multi-lumen
Tapered or Bump tubing
Braided tubing
by Application
Bulk disposable tubing
Catheters & cannulas
Drug delivery system
Special applications
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AMedical Tubing MarketKey Players: the key players are
1. Zeus Industrial Products
2. Saint-Gobain Performance Plastics
3. Teleflex
4. Optinova
5. Lubrizol (Vesta)
6. Nordson Corporation
7. Putnam Plastics
8. Raumedic
9. Tekni-Plex
10. W.L.Gore& Associates (Fermatex Vascular Technology)
11. Ap Technologies
12. A.P. Extrusion
13. B. Braun
14. Cook Medical
15. FBK Medical Tubing, Inc.
16. Freudenberg Group
17. Grayline
18. LVD Biotech
19. MDC Industries
20. Medtronics
21. Microlumen
22. Nusil Technology
23. Polyzen
24. TE Connectivity
25. Teel Plastics Inc.
Regional Analysis:
The report has assessed the global AMedical Tubing market in the following regions:
- America, North (the United States, Canada)
- European Union (Germany, France, United Kingdom, Russia)
- Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
- Latin America (Brazil, Argentina, Colombia)
- Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa)
COVID-19 Impact Analysis on AMedical Tubing Market:
The global repercussions of the coronavirus disease 2019 (COVID-19) are already being seen, and they will have a significant impact on the AMedical Tubing market in 2021. The COVID-19 outbreak has had a wide-ranging impact, including flight cancellations, travel bans and quarantines, restaurant closures, and restrictions on all indoor/outdoor events; the declaration of a state of emergency in over thirty countries; a massive slowdown in the supply chain; the stock market; falling businesses, growing panic among the people, and uncertainty about the future.
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Key Questions answered in the AMedical Tubing Market Report are:
- Which key trends are likely to emerge in the AMedical Tubing market in the forecast period?
- What will be the AMedical Tubing market size by 2027?
- Which company had the biggest share in the AMedical Tubing market in 2020?
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