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Medical Tubing Industry Applications, Growth, Size, Opportunities, Top Players,

The Medical Tubing Market refers to the industry segment focused on the manufacturing, distribution, and utilization of specialized tubing used in medical and healthcare applications. Medical tubing serves a wide range of functions across various medical devices and equipment, including catheters, intravenous (IV) lines, endoscopes, respiratory devices, and surgical instruments.

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Medical Tubing Industry Applications, Growth, Size, Opportunities, Top Players,

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  1. Medical Tubing Market worth $15.7 billion by 2028- Exclusive Report by MarketsandMarkets™ The report "Medical Tubing Market by Material (Plastics, Rubbers, Specialty Polymers), Application (Bulk Disposable Tubing, Catheters & Cannulas, Drug Delivery Systems, Specialty Applications), Structure, and Region - Global Forecast to 2028", is projected to reach USD 15.7 billion by 2028, at a CAGR of 8.2% from USD 10.6 billion in 2023. The Medical tubing market is driven by increasing demand for minimally invasive medical procedures, growing adoption of advanced medical technologies, development of novel technology, increasing demand for medical tubing in healthcare industry, and stringent regulations for medical devices. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=162082103 “Rubber is projected to be the largest material of medical tubing, in terms of value, during the forecast period.” Rubber medical tubing is made from different materials such as silicone, polyurethane, latex, thermoplastic elastomer, ethylene propylene diene monomer, and thermoplastic polyurethane. These tubes are flexible, durable, and abrasion-resistant, making it suitable for various medical applications. It is used for various applications such as blood transfusion, IV transfusion tubing, respiratory tubing, urological products, syringes, needles, surgical instruments, and others. “Catheters & cannulas is projected to be the largest application of the medical tubing, in terms of value.” Catheters & cannulas are medical tubes used for healthcare applications such as medication, drainages of fluids, and blood pressure measurement. The catheters & cannulas market is driven by increasing cardiovascular diseases and the growing demand for minimally invasive surgeries. Consumers are opting for

  2. minimally invasive surgeries, as the procedure reduces the time of stay in hospitals during treatment, which lowers the overall costs a patient will incur during the treatment. Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=162082103 “North America captures the largest share in the medical tubing market during the forecast period, in terms of value.” The North America region is a significant market for medical tubing, driven by high awareness of medical tubing for applications such as bulk disposable tubing, catheters & cannulas, drug delivery devices, special applications in the healthcare sector, and large-scale production in the region, technological advancements, aging population, and stringent regulatory standards. Mergers, new product launches and expansions are the major growth strategies adopted by the key players in the market. The key global players in the medical tubing market include Saint-Gobain (France), Freudenberg Medical (US), W. L. Gore & Associates, Inc. (US), Lubrizol Corporation (US), TE Connectivity (Switzerland), Nordson Corporation (US), Elkem ASA (Norway), Raumedic AG (Germany), Teknor Apex (US), and Spectrum Plastics Group (US). Speak with Our Expert for More Details: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=162082103 About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts,

  3. cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

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