Global Sterile Tubing Welder Market Size & Outlook
Global sterile tubing welder market, 2018-2030 (US$M)
Related Markets
Global sterile tubing welder market highlights
- The global sterile tubing welder market generated a revenue of USD 2,327.7 million in 2022 and is expected to reach USD 3,465.1 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 5.1% by 2030.
- In terms of segment, blood processing accounted for a revenue of USD 1,425.0 million in 2022.
- Blood Processing is the most lucrative application 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, South Africa is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 2,327.7 million |
| Market revenue in 2030 | USD 3,465.1 million |
| Growth rate | 5.1% (CAGR from 2022 to 2030) |
| Largest segment | Blood processing |
| Fastest growing segment | Blood Processing |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biopharmaceutical, Blood Processing, Diagnostic Laboratories, Other Applications |
Other key industry trends
- In terms of revenue, the North America accounted for 38.8% of the global sterile tubing welder market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 24.2 million by 2030.
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Sterile Tubing Welder Market Scope
Sterile Tubing Welder Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global 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 61.22% in 2022. Horizon Databook has segmented the Global 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.
- Global Sterile Tubing Welder Application Outlook (Revenue, USD Million, 2018-2030)
- Biopharmaceutical
- Blood Processing
- Diagnostic Laboratories
- Other Applications
- Global Sterile Tubing Welder Mode Outlook (Revenue, USD Million, 2018-2030)
- Manual
- Automatic
- Global Sterile Tubing Welder End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Research Clinics
- Blood Centers
- Other End-users
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Horizon Databook provides a detailed overview of global-level data and insights on the Global sterile tubing welder market, including forecasts for subscribers. This global databook contains high-level insights into Global sterile tubing welder market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global sterile tubing welders market size, by regions, 2018-2030 (US$M)
Top 10 countries: Sterile tubing welders market size, 2022 (US$M)
Global sterile tubing welders market share, by application, 2022 & 2030 (%, US$M)
Sterile tubing welder market: Opportunity assessment by country
Global sterile tubing welder market, by region, 2022 (US$M)
| Application | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 856.2 | 882.3 | 840.6 | 870.3 | 902.7 | 938.2 | 976.9 | 1,019.1 | 1,065.2 | 1,115.4 | 1,176.0 | 1,242.6 | 1,315.3 | 4.8% |
| Europe | 568.5 | 587.8 | 561.9 | 583.7 | 607.6 | 633.6 | 662.1 | 693.1 | 727.0 | 763.9 | 799.9 | 843.4 | 891.0 | 4.9% |
| Asia Pacific | 425.9 | 445.2 | 430.3 | 451.9 | 475.4 | 501.1 | 529.2 | 559.8 | 593.3 | 629.9 | 664.6 | 703.2 | 745.5 | 5.8% |
| Latin America | 180.1 | 186.5 | 178.5 | 185.7 | 193.5 | 202.1 | 211.4 | 221.6 | 232.7 | 244.9 | 258.4 | 273.1 | 289.2 | 5.2% |
| MEA | 137.8 | 142.8 | 136.8 | 142.4 | 148.5 | 155.1 | 162.4 | 170.4 | 179.0 | 188.5 | 202.7 | 212.9 | 224.1 | 5.3% |
| Overall | 2,168.6 | 2,244.5 | 2,147.9 | 2,233.9 | 2,327.7 | 2,430.1 | 2,541.9 | 2,663.9 | 2,797.1 | 2,942.6 | 3,101.5 | 3,275.2 | 3,465.1 | 5.1% |
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