Global Medical Tubing Strategic Business Report 2023: Polyurethane Emerges as a Versatile Material for Medical Tubing

Dublin, Feb. 14, 2023 (GLOBE NEWSWIRE) -- The "Medical Tubing: Global Strategic Business Report" report has been added to's offering.

The global market for Medical Tubing estimated at US$4.8 Billion in the year 2022, is projected to reach a revised size of US$9.2 Billion by 2030, growing at a CAGR of 8.7% over the analysis period 2022-2030.

Plastics, one of the segments analyzed in the report, is projected to record a 9.3% CAGR and reach US$5.2 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Rubbers segment is readjusted to a revised 8.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 8.1% CAGR

The Medical Tubing market in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2030 trailing a CAGR of 8.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.8% and 7.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.6% CAGR.

Select Competitors (Total 46 Featured) -

  • A.P. Extrusion Inc.
  • AP Technologies Group Pte Ltd.
  • B. Braun Melsungen AG
  • Cook Medical, Inc.
  • Fbk Medical Tubing, Inc.
  • Freudenberg Group (Freudenberg SE)
  • Grayline LLC
  • Lvd Biotech
  • MDC Industries Ltd.
  • Medtronic PLC
  • Microlumen
  • Nordson Corporation
  • NuSil Technology LLC
  • Optinova
  • Polyzen, Inc.
  • Putnam Plastics Company, LLC.
  • Saint-Gobain Performance Plastics Corporation
  • TE Connectivity Ltd.
  • Tekni-Plex, Inc.
  • Teleflex, Inc.
  • The Lubrizol Corporation
  • Zeus Industrial Products, Inc.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Report Metrics

Report AttributeDetails
No. of Pages196
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$4.8 Billion
Forecasted Market Value (USD) by 2030$9.2 Billion
Compound Annual Growth Rate8.5%
Regions CoveredGlobal

Key Topics Covered:




  • Influencer Market Insights
  • World Market Trajectories
  • Impact of COVID-19 Pandemic & Looming Global Recession
  • Medical Tubing: An Introduction
  • Parameters Impacting Performance Characteristics of Medical Tubing
  • Types of Materials for Medical Tubing
  • Global Market Prospects & Outlook
  • Silicone: The Largest Segment
  • Drug Delivery System Application to Record High Growth
  • Asia-Pacific to Spearhead Future Growth
  • Medical Tubing - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)



  • Growth of Minimally Invasive Medical Procedures Boosts Demand for Medical Tubing
  • Global Minimally Invasive Surgery Market Size (in US$ Billion) for the Years 2019, 2021, 2023 & 2025
  • Aging Population & Rise in Chronic Diseases Fuels Need for Medical Procedures, Driving Market Growth
  • Aging Population Drives Market: Global 65+ Population by Region
  • Global Diabetes Prevalence
  • Global Cancer Incidence
  • Rising Need to Prevent Spread of Hospital-Acquired Infections (HAIs) Drives Demand for Single-Use Tubing
  • Common Sites of Infection due to Hospital Acquired Infections (HAIs)
  • Microextrusion Medical Tubing Presents Opportunities for New Procedures
  • Cooling Tanks Enhance Precision of Medical Tubing
  • Silicone Tubing: A Promising Component for Medical Devices
  • Polyurethane Emerges as a Versatile Material for Medical Tubing
  • PTFE Tubing Becomes a Preferred Choice for Medical Device Companies
  • Stainless Steel Medical Tubing: Growing Importance in Minimally Invasive Procedures
  • Surging Investments in Healthcare Industry to Fuel Market Growth
  • Global Healthcare Spending (in US$ Billion) for the Years 2019, 2022 & 2025
  • Technology Innovations Boost Market Growth
  • Compliance with Strict Regulations & Standards: A Major Growth Impediment




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Global Market for Medical Tubing

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