Brazil Medical Tubing Market Size & Outlook, 2022-2030
Brazil medical tubing market, 2018-2030 (US$M)
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Brazil medical tubing market highlights
- The Brazil medical tubing market generated a revenue of USD 284.8 million in 2022 and is expected to reach USD 462.1 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6.2% from 2023 to 2030.
- In terms of segment, polyvinyl chloride was the largest revenue generating product in 2022.
- Fluoropolymers is the most lucrative product segment registering the fastest growth during the forecast period.
Medical tubing market data book summary
| Market revenue in 2022 | USD 284.8 million |
| Market revenue in 2030 | USD 462.1 million |
| Growth rate | 6.2% (CAGR from 2022 to 2030) |
| Largest segment | Polyvinyl chloride |
| Fastest growing segment | Fluoropolymers |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Silicone, Polyolefins, Polyimide, Polyvinyl Chloride, Polycarbonates, Fluoropolymers, Other Products |
| Key market players worldwide | Asahi Group Holdings Ltd, MDC Industries, Nordson Corp, TE Connectivity Ltd, Freudenberg, Spectrum Plastics Group, Zarys International Group, Hitachi Cable America, NewAge Industries, Atag |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.3% of the global medical tubing market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil medical tubing market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 462.1 million by 2030.
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Medical Tubing Market Scope
Medical Tubing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 29.78% in 2022. Horizon Databook has segmented the Brazil 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.
Despite the recent economic downturn, the healthcare industry is anticipated to grow on account of continued expansion of the country’s private healthcare sector coupled with adequate purchasing power with the public and private hospitals.
In addition, the growing elderly population and increasing burden of non-communicable chronic diseases are expected to drive the demand for healthcare services. Moreover, the aging population of the country is one of the major drivers for home healthcare services. Thus, the factors mentioned above are expected to positively impact the growth of the medical tubing market.
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Target buyers of Brazil 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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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 country-level data and insights on the Brazil medical tubing market , including forecasts for subscribers. This country databook contains high-level insights into Brazil medical tubing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil medical tubing market size, by product, 2018-2030 (US$M)
Brazil Medical Tubing Market Outlook Share, 2022 & 2030 (US$M)
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