NEW YORK, Sep 22, 2022 (GLOBE NEWSWIRE) – Reportlinker.com announces release of “Global Medical Tubes Market Report 2022” – https://www.reportlinker.com/p06317015/?utm_source=GNW
The global medical tubes market is expected to grow from USD 9.61 billion in 2021 to USD 10.64 billion in 2022 at a compound annual growth rate (CAGR) of 10.70%. The medical tubes market is expected to grow to $14.94 billion in 2026 with a compound annual growth rate (CAGR) of 8.84%.
Medical tubes market consists of sales of medical tubes solutions by entities (organizations, sole traders, partnerships) which refers to a small, complex, customized tube used to transport fluids to and from the body as well as to manage devices. Medical tubes are manufactured in a sterile environment with no risk of contamination as they are commonly used in anesthesia, respiratory, vascular, catheters, peristaltic pumps, biopharmaceutical laboratory equipment, etc. for fluid management and drainage.
The main types of medical tubes include silicone, polyolefins, polyvinyl chloride, polycarbonate, fluoropolymers, and others. Medical silicone tubes refer to medical tubes made of platinum-treated, tear-resistant synthetic rubber.
These medical tubes are widely used in medical implants, catheter drains, feeding tubes, and other medical devices. They are used for bulk disposable tubes, drug delivery systems, catheters, biopharmaceutical laboratory equipment, and other applications in hospitals, clinics, medical laboratories for mobile surgical centers and other end users.
North America was the largest region in the medical tubes market in 2021, and Asia Pacific is expected to be the fastest growing region in the forecast period.
The regions covered in the Medical Tubes market report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Medical Tubes Market Research Report is one of a series of new reports that provide Medical Tubes market statistics, including global Medical Tubes industry market size, regional shares, competitors with market share, detailed Medical Tubes market segments, market trends and opportunities , and any other data you may need to thrive in the medical tube industry. This Medical Tubes Market Research Report offers a complete perspective on everything you need, with an in-depth analysis of current and future scenarios of the industry.
The increasing incidence of respiratory diseases is driving the growth of medical tubes market, and respiratory diseases like asthma, lung cancer, pulmonary fibrosis etc are caused by tobacco smoking, air pollution, allergens and occupational hazards.
The increase in respiratory diseases is expected to increase the demand for medical tubes as they are an essential component of ventilators that facilitate breathing. For example, according to the study published in the Centers for Disease Control and Prevention, the percentage of COPD, emphysema, or chronic bronchitis among adults over the age of 18 in the United States increased from 4.6% in 2019 to 5.0% in 2020. Thus, the rise in cases of respiratory diseases will drive the growth of the medical tubes market.
Product innovation is a major trend that is gaining popularity in the medical tube market. Major players focus on launching new innovative medical tubes with innovative features to improve usage outcomes.
Companies use advanced manufacturing processes and the latest technology to launch innovative medical tubes that are unique and designed to be efficient and effective, and the braided medical tube is one of the most distinctive innovations in use today.
The peculiarity of the braided tube design ensures and expands the capabilities of medical catheters and tubes. Braided tubing is an excellent technique for improving the flexibility and strength of existing medical equipment.
Braided tubes are used in many medical procedures including cardiovascular surgery, neurosurgery, vascular and endoscopic treatments involving the gastro-intestinal tract. For example, in January 2021, Zeus Industrial Products, Inc. Ltd., a South Carolina-based polymer solutions company, provides braided and coiled reinforced polyamide tubing, which helps design engineers take advantage of key properties such as torque capacity, flexibility, and strength in the development of new catheter designs.
In March 2021, Catheter and Medical Design, a US-based company providing braided/coiled reinforced catheters to the global medical device segment, purchased VitalDyne Medical for an undisclosed amount, and through this acquisition, will own VitalDyne’s laser cutting catheter and medical design. welding, precision machining, and final hardware production, complementing the company’s manufacturing capabilities.
VitalDyne Medical is a US-based manufacturer of unique and highly advanced catheter solutions including disposable tube sets.
Countries covered in Medical Tubes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
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