Global Medical Tubing Market Size & Outlook
The medical tubing industry worldwide is expected to reach a projected revenue of US$ 19,498.5 million by 2030. A compound annual growth rate of 6% is expected of the worldwide medical tubing industry from 2023 to 2030.
Revenue, 2022 (US$M)
$12,232.7
Forecast, 2030 (US$M)
$19,498.5
CAGR, 2023 - 2030
6%
Report Coverage
Worldwide
Global medical tubing market, 2018-2030 (US$M)
Related Markets
Global medical tubing market highlights
- The global medical tubing market generated a revenue of USD 12,232.7 million in 2022 and is expected to reach USD 19,498.5 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 6% by 2030.
- In terms of segment, polyvinyl chloride accounted for a revenue of USD 3,762.1 million in 2022.
- Fluoropolymers is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, France is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 12,232.7 million |
| Market revenue in 2030 | USD 19,498.5 million |
| Growth rate | 6% (CAGR from 2022 to 2030) |
| Largest segment | Polyvinyl chloride |
| Fastest growing segment | Fluoropolymers |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Silicone, Polyolefins, Polyimide, Polyvinyl Chloride, Polycarbonates, Fluoropolymers, Other Products |
Other key industry trends
- In terms of revenue, the North America accounted for 35.6% of the global medical tubing market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, France is the fastest growing regional market and is projected to reach USD 839.8 million by 2030.
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Medical Tubing Market Scope
Medical tubing market segmentation & scope
Medical Tubing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global medical tubing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical tubing market will help companies and investors design strategic landscapes.
polyvinyl chloride was the largest segment with a revenue share of 30.75% in 2022. Horizon Databook has segmented the Global medical tubing market based on silicone, polyolefins, polyimide, polyvinyl chloride, polycarbonates, fluoropolymers, other products covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Medical Tubing Product Outlook (Revenue, USD Million, 2018-2030)
- Silicone
- Polyolefins
- Polyimide
- Polyvinyl Chloride
- Polycarbonates
- Fluoropolymers
- Polytetrafluoroethylene (PTFE)
- Fluorinated ethylene propylene (FEP)
- Other Products
- Global Medical Tubing Application Outlook (Revenue, USD Million, 2018-2030)
- Bulk disposable tubing
- Silicone
- Polyolefins
- Polyimide
- Polyvinyl Chloride
- Polycarbonates
- Fluoropolymers
- Polytetrafluoroethylene (PTFE)
- Fluorinated ethylene propylene (FEP)
- Other bulk disposable tubing
- Drug delivery systems
- Silicone
- Polyolefins
- Polyimide
- Polyvinyl Chloride
- Polycarbonates
- Fluoropolymers
- Polytetrafluoroethylene (PTFE)
- Fluorinated ethylene propylene (FEP)
- Other drug delivery systems
- Catheters
- Silicone
- Polyolefins
- Polyimide
- Polyvinyl Chloride
- Polycarbonates
- Fluoropolymers
- Polytetrafluoroethylene (PTFE)
- Fluorinated ethylene propylene (FEP)
- Other catheters
- Biopharmaceutical laboratory equipment
- Silicone
- Polyolefins
- Polyimide
- Polyvinyl Chloride
- Polycarbonates
- Fluoropolymers
- Polytetrafluoroethylene (PTFE)
- Fluorinated ethylene propylene (FEP)
- Other biopharmaceutical laboratory equipment
- Other Applications
- Silicone
- Polyolefins
- Polyimide
- Polyvinyl Chloride
- Polycarbonates
- Fluoropolymers
- Polytetrafluoroethylene (PTFE)
- Fluorinated ethylene propylene (FEP)
- Other Materials
- Bulk disposable tubing
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Target buyers of Global medical tubing market databook
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Our clientele includes a mix of medical tubing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global medical tubing market , including forecasts for subscribers. This global databook contains high-level insights into Global medical tubing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global medical tubing market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Medical tubing market size, 2022 (USD Million)
Top 10 countries: Medical tubing market size, 2022 (USD Million)
Global medical tubing market, by region, 2022 (US$M)
Related regional statistics
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