DUBLIN--(BUSINESS WIRE)--The "Medical
Tubing - Global Market Outlook (2017-2026)" report has been
added to ResearchAndMarkets.com's offering.
The Global Medical Tubing Market is accounted for $3.38 billion in 2017 and is expected to reach $13.38 billion by 2026 growing at a CAGR of 16.5% during the forecast period.
The rapidly growing healthcare industry, growing aged population and increasing concern about health problems, especially in developing nations are the key driving factors for the market. Furthermore, government initiatives to provide high-quality healthcare facilities, rising demand for medical devices that has medical tubing as a part of the equipment and growth of minimally invasive surgeries are some of the factors boosting the market growth.
Medical tubing is used for fluid management and drainage as well as with anaesthesiology and respiratory equipment, IVs, catheters, peristaltic pumps, and biopharmaceutical laboratory equipment. Medical tubing meets medical industry requirements and standards for a variety of medical applications. It is produced by using some specific materials with the desired specification.
North America dominated the global medical tubing market with largest revenue share and is also expected to continue its dominance throughout the forecast period owing to its advanced and sophisticated healthcare infrastructure along with high per capita healthcare spending in the US. Asia pacific has huge growth potential in medical tubing market due to improved living standards, growing aging population, increasing demand for minimally invasive surgeries and increased government initiatives.
- Raumedic AG
- Vention Medical Inc.
- Freudenberg Medical, LLC
- Polyone Corp.
- Tecknor Apex Co.
- W.L. Gore & Associates, Inc.
- DOW Coning Corporation
- Bluestar Silicones International (Elkem Group)
- Saint-Gobain Performance Plastics
- Lubrizol Corporation
- Freudenberg Group
- Nusil Technology
- FBK Medical Tubing, Inc.
- Teel Plastics Inc.
- LVD Biotech
- MDC Industries
Key Topics Covered:
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Medical Tubing Market, By Structure
6 Global Medical Tubing Market, By Application
7 Global Medical Tubing Market, By Material
8 Global Medical Tubing Market, By Geography
9 Key Developments
10 Company Profiling
For more information about this report visit https://www.researchandmarkets.com/research/z8mq9h/global_medical?w=4