New York, According to a new market research report published by Global Insight Services “Medical Tubing Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Medical tubing is a type of tubing used in various medical applications. It is typically made from a variety of different materials, such as plastic, rubber, or metal, and can be used for a variety of different purposes, such as delivering fluids or medications to patients or draining fluids from patients. Medical tubing can be disposable or reusable and is often sterile to help prevent infection.
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Key Trends
One of the key trends in medical tubing technology is the development of thinner and more flexible tubing. This is in response to the need for smaller and less invasive medical devices. Another trend is the development of tubing that is less likely to kink or collapse. This is important because kinking can lead to blockages and collapsed tubing can lead to a loss of suction.
Key Drivers
The major drivers of this market are the increasing demand for minimally invasive surgeries, the rising prevalence of chronic diseases, and the growing geriatric population.
The minimally invasive surgeries are associated with a shorter hospital stay, lower complication rates, and reduced scarring. This, in turn, is leading to the increasing demand for these surgeries, which is driving the growth of the medical tubing market.
Key Market Segments
The medical tubing market bifurcated on the basis of material, structure, application and region. On the basis of material it is segmented into plastics, rubbers, specialty polymers, and others. By structure, it is divided into single-lumen, co-extruded, multi-lumen, and others. By application, it is spread across bulk disposable tubing, drug delivery system, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Key Market Players
The medical tubing market report includes players such as Optinova, Teknor Apex, Saint Gobain, Nordson Corporation, Elkem ASA, Vanguard Products Corp, ATAG SpA, Bentec Medical, Avient Corporation, and TE Connectivity.
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