Australia Sterile Tubing Welder Market Size & Outlook
Australia sterile tubing welder market, 2018-2030 (US$M)
Related Markets
Australia sterile tubing welder market highlights
- The Australia sterile tubing welder market generated a revenue of USD 43.0 million in 2022 and is expected to reach USD 61.0 million by 2030.
- The Australia market is expected to grow at a CAGR of 4.5% from 2023 to 2030.
- In terms of segment, blood processing was the largest revenue generating application in 2022.
- Blood Processing is the most lucrative application segment registering the fastest growth during the forecast period.
Sterile tubing welder market data book summary
| Market revenue in 2022 | USD 43.0 million |
| Market revenue in 2030 | USD 61.0 million |
| Growth rate | 4.5% (CAGR from 2022 to 2030) |
| Largest segment | Blood processing |
| Fastest growing segment | Blood Processing |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biopharmaceutical, Blood Processing, Diagnostic Laboratories, Other Applications |
| Key market players worldwide | Sartorius AG, Terumo Corp, GE HealthCare Technologies Inc Common Stock, Syngene, Flex Ltd, MGA Technologies, GenesisBPS, Sentinel Process Systems, LePure Biotech |
Other key industry trends
- In terms of revenue, Australia accounted for 1.8% of the global sterile tubing welder market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan sterile tubing welder 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 150.4 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Sterile Tubing Welder Market Scope
Sterile Tubing Welder Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia sterile tubing welder 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 sterile tubing welder market will help companies and investors design strategic landscapes.
Blood processing was the largest segment with a revenue share of 61.16% in 2022. Horizon Databook has segmented the Australia sterile tubing welder market based on biopharmaceutical, blood processing, diagnostic laboratories, other applications covering the revenue growth of each sub-segment from 2018 to 2030.
Australia is the largest export market for the U.S. manufacturers of sterile tubing welders. The market is heavily dependent upon imports with approximately 80.0% of medical supply-demand being met by imports.
Major suppliers of sterile tubing welder include the U.S., Japan, and EU countries with a majority of the imports coming from the U.S. For local presence, companies either appoint a distributor or establish a subsidiary in the country. A chronic kidney disorder is one of the main conditions in Australia, affecting 1 in 10 adults.
Considering that along with an annual increase of nearly 12% in the number of dialysis patients, the number of dialysis centers and blood processing centers is likely to increase over the forecast period. Thereby increasing the demand for sterile tubing welders.
Reasons to subscribe to Australia sterile tubing welder market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Australia sterile tubing welder market databook
-
Our clientele includes a mix of sterile tubing welder market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia sterile tubing welder market, including forecasts for subscribers. This country databook contains high-level insights into Australia sterile tubing welder market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Australia sterile tubing welders market size, by application, 2018-2030 (US$M)
Australia Sterile Tubing Welder Market Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
