Russia Medical Tubing Market Size & Outlook, 2022-2030

The medical tubing market in Russia is expected to reach a projected revenue of US$ 603.9 million by 2030. A compound annual growth rate of 4.9% is expected of Russia medical tubing market from 2023 to 2030.
Revenue, 2022 (US$M)
$412.6
Forecast, 2030 (US$M)
$603.9
CAGR, 2023 - 2030
4.9%
Report Coverage
Russia

Russia medical tubing market highlights

  • The Russia medical tubing market generated a revenue of USD 412.6 million in 2022 and is expected to reach USD 603.9 million by 2030.
  • The Russia market is expected to grow at a CAGR of 4.9% 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 2022USD 412.6 million
Market revenue in 2030USD 603.9 million
Growth rate4.9% (CAGR from 2022 to 2030)
Largest segmentPolyvinyl chloride
Fastest growing segmentFluoropolymers
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSilicone, Polyolefins, Polyimide, Polyvinyl Chloride, Polycarbonates, Fluoropolymers, Other Products
Key market players worldwideAsahi 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, Russia accounted for 3.4% 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 Europe, Germany medical tubing market is projected to lead the regional market in terms of revenue in 2030.
  • Germany is the fastest growing regional market in Europe and is projected to reach USD 1,840.6 million by 2030.

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Medical Tubing Market Companies

Name Profile # Employees HQ Website

Russia 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 30.56% in 2022. Horizon Databook has segmented the Russia 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.


The demand for medical tubes is expected to increase at a significant rate as the demand for medical products is continuously rising across the country. The governments of Russia have implemented reforms in the healthcare service to address the low level of medical care in the two countries compared to Western standards.

Silicone polymer segment is expected to witness the fastest growth in the Russian Medical tubing market over the forecast period on account of the rapid advances in healthcare industry. The steady growth in demand for minimally invasive devices with smaller dimensions is expected to drive the demand for medical tubes in catheters segment.

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Target buyers of Russia medical tubing market databook

  • Our clientele includes a mix of medical tubing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Russia medical tubing market , including forecasts for subscribers. This country databook contains high-level insights into Russia medical tubing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Russia medical tubing market size, by product, 2018-2030 (US$M)

Russia Medical Tubing Market Outlook Share, 2022 & 2030 (US$M)

Russia medical tubing market size, by product, 2018-2030 (US$M)

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