Japan Medical Tubing Market Size & Outlook, 2022-2030
Japan medical tubing market, 2018-2030 (US$M)
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Japan medical tubing market highlights
- The Japan medical tubing market generated a revenue of USD 554.5 million in 2022 and is expected to reach USD 961.5 million by 2030.
- The Japan market is expected to grow at a CAGR of 7.1% 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 554.5 million |
| Market revenue in 2030 | USD 961.5 million |
| Growth rate | 7.1% (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, Japan accounted for 4.5% 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 Asia Pacific, China medical tubing market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,804.9 million by 2030.
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Medical Tubing Market Scope
Medical Tubing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 30.42% in 2022. Horizon Databook has segmented the Japan 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.
Japan is one of the largest markets for medical device manufacturers. On account of the availability of advanced technology, numerous medical device manufacturers are looking to produce sophisticated medical device products. This can be attributed to the growing demand for medical tubes in advanced surgical and diagnostic equipment.
Japan is a disaster-prone country and has a large number of hospitals, outpatient surgical/day centers, and emergency medical services (EMS). The prevalence of chronic diseases in the country has prompted the government to take cost-saving initiatives such as preventive care and chronic disease self-management.
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Target buyers of Japan 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 Japan medical tubing market , including forecasts for subscribers. This country databook contains high-level insights into Japan medical tubing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan medical tubing market size, by product, 2018-2030 (US$M)
Japan Medical Tubing Market Outlook Share, 2022 & 2030 (US$M)
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