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The importance of tubes in the medical industry is paramount and the industry is generating attractive profits for the tubing OEMs. In the past six years, the demand for tubes in the medical industry has doubled and the medical grade tubing market size stands close to $11.8 billion in the year 2022.
Medical tubing is used in various medical equipment, from simple catheters to complex respiratory devices. Because of its vast diversity in health care services, manufacturers face several challenges with their medical-grade tubing. Several industries are working their way out by manufacturing the tubing that eliminates the risk of bioburden. Moreover, medical tubing manufacturers also need to follow strict regulations regarding the safety and efficacy of their products. The scope of this article is to discuss the several uses, advantages, and industry trends of medical-grade tubing.
In order to capitalize upon this attractive industry, the manufacturers and suppliers of tubes need to keep evolving based on the requirements of the medical industry. It has been observed that the manufacturers have been continuously diversifying their portfolio, introducing new specialty materials, to meet the industry demand.
Presently, there are several materials used for manufacturing medical tubes. These materials are silicone, polyvinyl chloride, polycarbonate, polyfills, fluoropolymers, and others. Out of these, the most common ones are PVC and silicone tubes. PVC and silicone together account for 60% of the total Medical Grade Tubing industry.
The global Medical Grade Tubing Market is segmented into North America, Europe, APAC & the Rest of the world. The research report titled “Medical Grade Tubing Market, Business and Opportunity Analysis” published by Datavagyanik presents a detailed analysis of the Medical Grade Tubing Market with country-wise market statistics, qualitative insights, and market player analysis. One of the prime objectives of the report is to provide an assessment of the market potential, growth, market revenue, and volume of the Medical Grade Tubing Market for each country.
Some of the most recent trends observed in the industry which are worth highlighting are:
The margins have shrunken due to the rising prices of raw materials and increase in demand, the profits still continue to be attractive. For example, the price of PVC as well as silicones which are the most important raw material for Medical Grade Tubing rose by over 15% during 2021. There are demand vs supply side as well as geopolitical factors impacting the industry raw material prices.
Both these segments are equally potential. However, there is a difference in their tubing application in the medical industry. On one hand, while the PVC tubes are more commonly used in the bulk disposable Medical Grade Tubing applications, silicones are more used in specialized areas like catheter manufacturing and drug delivery applications.
This is due to the fact that silicones are better in terms of quality, are more flexible, stronger and also resist chemical reactions with the outer environment. Presently, the PVC tubing segment is slightly bigger in terms of revenue, in comparison to the silicone tubing segment. However, demand for silicone tubes is growing at a faster pace in the medical devices industry.
The requirements of the medical industry are evolving and apart from PVC and silicones. There are some other tubing materials that are being used to cater to the specialty application areas. Some of these materials are polyimide, polyolefins, polycarbonates, fluoropolymers, and others. PET tubes (polyester tubes) are being used in medical applications for heat shrink applications. Similarly, polyimide tubes are finding application in areas that require high chemical resistance and thermal resistance.
Global Medical Grade Tubing Market is expected to grow at an average yearly rate of around 6.5% during the timeframe (2022-2025). In 2021, the market stands at $11.5 billion. The United States is the largest market for medical tubes just because the country also creates the highest demand for disposable medical tubes, catheters, drug delivery systems, and similar other medical devices.
The report analyzes the Medical Grade Tubing Market from the demand as well as the supply side. In supply-side analysis, we reach out to the Medical Grade Tubing Market players to collect information on their portfolio, revenue, target customers, and other insights. During this process, paid interviews and surveys are conducted for obtaining and validating the data pointers. We also deep dive into the available paid industry databases, research studies, white papers, and annual reports.
As a part of our demand-side analysis, we reach out to the end-users of the Medical Grade Tubing Market, to gauge the application areas, demand trends, and similar insights.
Medical tubing also comprises a good part of the medical market. The global market was $11.8 billion in 2021 and is expanding notably. If it keeps growing at this rate, it will reach a global cost of almost $15 billion by 2026. On regional analysis, the United States and Western Europe comprises the most significant market share. APAC is also a fast growing market with China dominating the region.
As discussed before, the tubing has several essential uses in the medical field. It is a part of cannulas, catheters, drug delivery systems, and several other devices. In addition, respiratory tubes used in ventilators and respiratory assisting devices are also critical applications. Therefore, during the recent Covid-19 pandemic, the global medical tubing market showed an unprecedented rise due to the increased demand for medical tubing in hospitals.
According to the world population report, there were 727 million people older than 65 in 2020. This number was expected to become double by 2050. With such a magnificent increase in the geriatric population, the incidence of hospitalized patients is also increasing. As a result, more hospitalization cases are putting pressure on the medical tubing market to meet the demands.
Therefore, the increase in the older population is one of the primary driving factors behind the growth of the medical tube market. In contrast, factors like high investments and longer manufacturing time are mainly responsible for negating the development of the global market.
Countries will likely invest in their health care industries in the next five years. Therefore, it is an excellent opportunity for investors to target their investments because of the upcoming modern health care technology era.
The quality of tubing directly affects the functioning of the device. Therefore, manufacturers must select the suitable material for their tubes to make their products excel in the market. First, medical tubing should be of a material that eliminates the risk of product issues. Second, experts should select a material that offers resistant to contamination with germs in the hospital. In the end, storing tubing at an appropriate place that doesn’t reduce its shelf life is necessary. Using the tubing after its shelf life can present multiple complications.
Medical tubing, especially silicone tubes, comes in a variety of grades. As a result, it offers greater flexibility during its use in health care services. For example, platinum-grade tubing provides appropriate quality for the medical and pharmaceutical industries.
Some of the tubes and catheters are placed directly inside the human body. Therefore, the product of the tube should be biocompatible so that it does not lead to any complications. Silicone is an excellent synthetic that offers these benefits.
Medical tubing comprises a transparent material that makes the blood and fluid visible in the IV lines and other catheters. Moreover, they are chemically inert and also offer no taste and odor. Therefore, tubing adapts remarkably to the medical environment.
The medical facility’s most significant challenge is keeping all the devices and equipment germ-free. The same is valid for medical tubing. Rubber tubing is particularly important because of its resistant nature to the sterilization process, even autoclaving and dry heat. Moreover, silicone also has a remarkable ability to withstand severe temperatures during its sterilization.
This business analysis report on the Medical Grade Tubing Market presents a regional as well as country-level analysis. The regions covered in the report are – North America, Europe, Asia Pacific, and the Rest of the World. In these four regions, all the countries have been covered in detail with information on Medical Grade Tubing Market production volume, sales volume, market size ($Million), and Medical Grade Tubing Market import-export.
The report covers Medical Grade Tubing Market revenue, sales volume, and forecast for the period (2019 – 2027), by regions, (further split into countries):
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*Note – Country-level break-down has been covered in the report
Tags:- Medical Tubing Material, Medical Grade Plastic Tube, Medical Grade Silicone Tubing, Medical Tubing Market, Medical Tubing Connectors, Medical Tubing Clamps, United States Medical Tube sales, Medical Tube Manufacturers in the United States, United Stated Silicone Medical Tubes sales, Medical Grade Silicone Tubing & Extrusions, Medical Grade Silicone Tubing & Hose, Medical-grade silicone tubing (reinforced and non-reinforced), Fluid Transfer Tubing, Medical Grade Heat Shrink Tubing.
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