Advancements in Extrusion Technologies boost Global Medical Tubing Market Growth


 

Inkwood Research predicts that the Global Medical Tubing Market is evaluated to record a CAGR of 7.32% in terms of revenue during the forecasted period of 2022-2030.

“Browse 45 Market Data Tables and 44 Figures spread over 200 Pages, along with an in-depth TOC on the Global Medical Tubing Market Forecast 2022-2030.”

 

VIEW TABLE OF CONTENT LINK - https://inkwoodresearch.com/reports/medical-tubing-market/#table-of-contents

 

Medical tubing is designed for numerous applications. It enables fluid administration, fluid drainage, fluid management, and gas flow. The common applications include IVs and ventilators.

 

REQUEST FREE SAMPLE LINK - https://inkwoodresearch.com/reports/medical-tubing-market/#request-free-sample

 


Latest Developments in Extrusion Technologies augment Market Growth

There is a rising demand for miniature devices for efficient surgical operations among several end-users and surgeons. With regard to miniature endoscopic devices, thinner and smaller diameter tubes have a high preference. This is because they are used for medical connectivity to transmit data from a medical device to an analytical system. Also, according to the National Health Services, England, endoscopic procedures increased from 650,000 procedures in 2011 to 900,000 in 2020. At the same time, the other surgical procedures that use minimally invasive devices are projected to increase in the coming years.

In addition, manufacturers are developing customized tubing products that meet specific demands. For instance, thin diameters in the range of 0.001 to 0.01 inches. Medical tubing solutions like para tubing, braided tubing, and tapered tubing developed through advanced extrusion technologies are manufactured to eliminate the assembling of two or more tubes. This has aided in cutting costs by eliminating secondary steps like the joining of tubes. Moreover, the latest developments in extrusion technologies offer plastic tube properties like lightweight, high tensile strength, flexibility, and non-ferrous properties.

 

Polyvinyl Chloride: Highest Revenue-Generating Polymer Type

Polyvinyl Chloride is the most vastly used thermoplastic material in medical tube manufacturing, given its ability to meet the challenging requirements of the healthcare industry. Also, the increasing use of single-use pre-sterilized medical devices has led to the growing demand for PVC-based medical devices. In addition, PVC can be sterilized through ethylene oxide sterilization and irradiation methods.

Furthermore, polymer materials used for producing medical devices must be resistant to chemicals and changes in the properties or compositions when in contact with liquids. Additionally, the transparency of the polymer material is a key criterion that enables the monitoring of continuous fluid flow in the tube. Since PVC is transparent, biocompatible, and resistant to chemicals, it is the most sought material for medical tube manufacturing.

 

North America has the Largest Market Share in the Global Market

The rising concerns regarding the spread of hospital-acquired infections propel the demand for disposable medical devices in the region. Also, the pandemic led to large-scale hospitalization. As a result, there was a huge demand for medical tubing used in several respiratory devices. Moreover, the expanding global disposable medical devices market due to the increasing number of joint ventures and collaborations between various companies presents growth opportunities.

The manufacturers in the market are offering value-added services like engineering and assembling services to sustain the market competition. Some of the eminent companies in the market include Asahi Tec Corporation, Optinova, DuPont De Nemours Inc, Saint-Gobain Sekurit, etc.

 

Request for Customization: https://inkwoodresearch.com/request-for-custom-report/

 

About Inkwood Research

Inkwood Research specializes in syndicated & customized research reports and consulting services. Market intelligence studies with relevant fact-based research are customized across industry verticals such as technology, automotive, chemicals, materials, healthcare, and energy, with an objective comprehension that acknowledges the business environments. Our geographical analysis comprises North & South America, CEE, CIS, Middle East, Europe, Asia, and Africa.

 

Contact Us

https://www.inkwoodresearch.com

sales@inkwoodresearch.com

1-(857)293-0150

 

Related Reports:

GLOBAL MEDICAL AND LAB REFRIGERATORS MARKET

GLOBAL MEDICAL AESTHETICS MARKET

GLOBAL PTCA BALLOON CATHETERS MARKET

GLOBAL DRUG DELIVERY MARKET

Comments

Post a Comment

Popular posts from this blog

High Voltage Cable Market: Major End-Users Augment Demands

Image
  High voltage cables (HVCs) are the backbone of electrical infrastructure globally. From their use in commercial and residential infrastructures to industrial end uses in mining, oil & gas factories, power & utilities, etc., HVCs are crucial supplements to the growth of the power sector. Besides, urbanization and industrialization globally are increasing the demand for electric power. Therefore, the surging power demand is expected to result in more power generation and transmission, thereby propelling the requirement for high voltage cables. Inkwood Research predicts that the global high voltage cable market is set to surge with a 5.12% CAGR during the forecast period 2023-2032 .   High Voltage Cable Market: Major End Uses HVCs are extensively utilized for high voltage electric power transmission. Equipped with multiple conductors, structural elements of protective jackets, and insulators, they are designed to transmit electricity efficiently without long-ra...
Read more

UAV Battery Market: Military & Commercial Applications direct Growth

Image
  Unmanned aerial vehicles (UAVs) or automated drones fly for long periods at a controlled speed and height and have a role in many aspects of aviation. They are used in various functions, ranging from food delivery, filming, photography, climate change monitoring, and search operations after natural disasters. With the growing geo-political tension among major countries, UAVs have gained massive demand. This is because drones are used by the military worldwide for surveillance, reconnaissance, and targeted attacks. These devices operate wirelessly, creating a huge requirement for UAV batteries for optimal use. Accordingly, as per our research, the   global UAV battery market   is estimated to generate a whopping   $17.7 billion   in revenue, with a   16.32% CAGR   during the forecast years,   2022-2030 .   UAV Battery: Growing Military Applications Militaries need UAVs for training in combat situations and ISR (intelligence, surveillance, an...
Read more

X-Ray Tube Market: Trending Applications & Novel Developments

Image
 X-ray tube, also known as a Roentgen tube, functions as a specific energy converter that receives electrical energy and converts it into heat (99%) and x-radiation (1%). The primary function of an X-ray tube is to create x-ray photons from electric energy transmitted by the x-ray generator. As per Inkwood Research, the global X-ray tube market is forecasted to rise with a CAGR of 3.81% during the projected years of 2022 to 2030 . Their widespread usage across applications, such as material and structure analysis, CT scanners, X-ray crystallography, and airport luggage scanners, among others, play an essential role in surging the demand and adoption of X-ray tubes worldwide.   X-Ray – An Incredible Contribution to Human Health The discovery of the X-ray in 1895 provided physicians with an effective, non-surgical tool to analyze the inside of the human body. Moreover, following the development of the ‘Coolidge tube’ in 1913, which continues to remain the model that...
Read more