Laminar Growth to be Witnessed by Medical Tubing Market
Medical
tubing completes a medical industry requirements and
standards for various medical or pharmaceutical related applications.
Medical tubing is used for fluid management, drainage, anesthesiology
and respiratory equipment, intravenous applications (IVs), catheters,
peristaltic pumps, and biopharmaceutical laboratory equipment. Medial
tubing is equipped with standards and certifications, which
represents material and specification requirements for tubes. These
standards include Good Manufacturing Practice (GMP) and Current Good
Manufacturing Practice (cGMP). Furthermore, Food and Drug
Administration (FDA) grants standards depending on specific
application required for certain types of medical tubing.
Increasing Prevalence of Chronic Diseases and
Life Threatening Diseases is Expected to Augment Market Growth
Increasing prevalence of chronic diseases and life
threatening diseases is expected to drastically increase demand for
medical tubing devices, which are essentially required during surgery
procedures. For instance, according to a study published by
National Center for Biotechnology Information in 2015, it was
estimated that around 5.7 million people suffered from heart failure
in the U.S. Moreover, according to Centers for Disease Control and
Prevention (CDC), 2017, around 610,000 people die of heart disease in
the U.S. every year.
According to a report published by the Australian
Government, Department of Health in 2017, it was estimated that 1 in
every 2 Australians (50%) suffers from at least one type of chronic
condition, such as arthritis, asthma, back pain, cancer,
cardiovascular disease, chronic obstructive pulmonary disease,
diabetes or mental health conditions. Thus, high prevalence of
chronic diseases and life threatening diseases is expected to be one
of the major factors driving growth of the global medical tubing
market.
Key Players:
Some of the key players operating in the medical
tubing market are Compagnie de Saint-Gobain S.A., Teleflex
Incorporated, Optinova Holding AB, Zeus Industrial Products, Inc.,
The Lubrizol Corporation, Nordson Corporation, Putnam Plastics
Corporation, Raumedic AG, Tekni-Plex, Inc., and Smith Group plc.
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Detailed Segmentation:
• Global Medical Tubing Market, By Material:
◦ Polyvinyl Chloride (PVC)
◦ Thermoplastic Elastomer (TPE)
◦ Thermoplastic Polyurethane (TPU)
◦ Silicone
◦ Polyolefins
▪ Polyethylene (PE)
▪ Polypropylene (PP)
◦ Others
• Global Medical Tubing Market, By
Application:
◦ Peristaltic Pump Tubing
◦ Catheters
▪ Diagnostic Catheters
▪ Central Venous Catheters
▪ Angioplasty Catheters
▪ Other Catheters
◦ Feeding Tubes
◦ Urological Retrieval Devices
◦ Cannulas
◦ Other Applications
• Global Medical Tubing Market, By
Geography:
◦ North America
◦ Europe
◦ Asia Pacific
◦ Latin America
◦ Middle East
◦ Africa
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