Medical Tubing Market

Medical Tubing Market Procedures Increasing
Applications
in
Healthcare
Research
and
Development
Medical tubing completes a medical industry requirements and standards for various medical or
pharmaceutical related applications. Medical tubing is used for fluid management, drainage,
anesthesiology and respiratory equipment, intravenous applications (IVs), catheters, peristaltic
pumps, and biopharmaceutical laboratory equipment. Medial tubing is equipped with standards
and certifications, which represents material and specification requirements for tubes. These
standards include Good Manufacturing Practice (GMP) and Current Good Manufacturing Practice
(cGMP). Furthermore, Food and Drug Administration (FDA) grants standards depending on
specific application required for certain types of medical tubing.
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Increasing usage of medical tubing in IVs, catheters, peristaltic pumps, and biopharmaceutical
laboratory equipment are expected to boost the medical tubing market. For instance, according
to Surgical Endoscopy Journal in 2013, surgeons use minimally invasive surgical techniques,
primarily laparoscopy and robotic surgery, to perform procedures that were previously done as
open surgery. Furthermore, according to the StatPearls Publishing LLC: a peer-reviewed medical
article, October 2017; 92% of all cholecystectomies performed in the U.S. are done
laparoscopically. Therefore, increasing preference for minimally invasive surgeries is expected to
fuel growth of the global medical tubing market during the forecast period.
Report includes chapters which deeply display the following deliverable about industry :
• Medical Tubing Market Research Objective and Assumption
• Medical Tubing Market Purview - Report Description, Executive Summary, and Coherent
Opportunity Map (COM)
• Medical Tubing Market Dynamics, Regulations, and Trends Analysis - Market Dynamics,
Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals,
Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Medical Tubing Market, By Regions
• Medical Tubing Market Competition by Manufacturers including Production, Share, Revenue,
Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Medical Tubing Market Manufacturers Profiles/Analysis including Company Basic Information,
Manufacturing Base and Its Competitors.
• Medical Tubing Market Manufacturing Cost Analysis including Key Raw Materials and Key
Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Medical Tubing Market Forecast including Production, Consumption, Import and Export
Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Market Dynamics
Growing adoption of medical tubing by surgeons for minimally invasive surgeries coupled with
rising number of hospital admissions in the intensive care units is also expected to boost the
growth of the market. Rising number of patients taking drug delivery through medical tubes,
who are unable to take drugs orally, is another factor aiding the growth of medical tubing
market.
According to Centers for Disease Control & Prevention (CDC), in 2015, it was estimated that
acute injury and chronic obstructive pulmonary diseases (COPD) are major disorders responsible
for ICU admissions. According to Biomed Central Respiratory Research, 2016, asthma and
chronic obstructive pulmonary disease (COPD) are common chronic obstructive lung disorders
characterized by variable airflow limitation and airway hyper responsiveness, affecting over 25
million people in the U.S.
Increasing Prevalence of Chronic Diseases and Life Threatening Diseases is Expected to Augment
Market Growth
Increasing prevalence of chronic diseases and life threatening diseases is expected to drastically
increase demand for medical tubing devices, which are essentially required during surgery
procedures. For instance, according to a study published by National Center for Biotechnology
Information in 2015, it was estimated that around 5.7 million people suffered from heart failure
in the U.S. Moreover, according to Centers for Disease Control and Prevention (CDC), 2017,
around 610,000 people die of heart disease in the U.S. every year.
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According to a report published by the Australian Government, Department of Health in 2017,
it was estimated that 1 in every 2 Australians (50%) suffers from at least one type of chronic
condition, such as arthritis, asthma, back pain, cancer, cardiovascular disease, chronic
obstructive pulmonary disease, diabetes or mental health conditions. Thus, high prevalence of
chronic diseases and life threatening diseases is expected to be one of the major factors driving
growth of the global medical tubing market.
Some of the key players operating in the medical tubing market are Compagnie de Saint-Gobain
S.A., Teleflex Incorporated, Optinova Holding AB, Zeus Industrial Products, Inc., The Lubrizol
Corporation, Nordson Corporation, Putnam Plastics Corporation, Raumedic AG, Tekni-Plex, Inc.,
and Smith Group plc.
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Medical tubing completes a medical industry requirements and standards for various medical or pharmaceutical related applications.