Medical Tubing Market Is Set For Lucrative Growth To 2030

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Medical Tubing Industry

The global medical tubing market size was estimated at USD 11 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2030. Easy consumer access to healthcare products and surged global demand for medical devices that are equipped with effective tubing are factors projected to drive market growth during the forecast period. Continuous innovations in drug delivery systems by medical device manufacturers have resulted in the requirement for customizable medical tubes, which is projected to drive the demand for medical tubes in drug delivery systems. Also, a growing number of collaborations and joint ventures between various companies in the medical device sector is expected to expand the global reach of disposable medical devices, consequently boosting market growth.

The growing geriatric population worldwide has significantly driven the requirement for medical devices equipped with tubes, thereby fueling market growth. Moreover, the increasing prevalence of cardiovascular diseases, cancer, arthritis, and other disorders that necessitate complex surgical procedures has surged the demand for minimally invasive treatment methods. This has boosted the consumption of nylon, plastic polymers, silicone, and other materials, which are ideal for developing catheters and medical tubing, thus driving global medical tubing demand.

Gather more insights about the market drivers, restrains and growth of the Global Medical Tubing market

Medical Tubing Market Segments:

Application Insights

Based on application, the bulk disposable tubing segment led the market and accounted for a revenue share of 34.5% in 2023. Bulk disposable devices include urological products, surgical instruments, syringes, and needles. Growing emphasis on preventing the spread of infection from one patient to another is anticipated to drive segment growth over the forecast period.

Regional Insights

North America led the market and accounted for a revenue share of 35.5% in 2023. Factors such as technological advancements, and increasing healthcare spending, coupled with government policies are likely to propel the market demand. For instance, in 2021, according to NHE (National Health Expenditure Data), U.S. medicare spending increased by 8.4% USD 900 billion, and Medicaid increased by 9.2% USD 734 billion compared to 2020. Some of the major manufacturers in North America are Bentec Medical, Spectrum Plastics Group, Hitachi Cable America, Inc., and NewAge Industries, Inc.

Market Dynamics

Plastics play an important role in the manufacturing of medical tubes such as conduits for acquiring biopsy samples, vascular catheters, and stent holders owing to their inertness to body fluids & tissues, resistance to sterilization conditions, low cost for high volume applications, and higher optical properties. Thus, medical tubes made of plastics are witnessing increased adoption in medical devices.

Product Type Insights

In terms of product, the polyvinyl chloride (PVC) segment held the largest revenue share of 30.7% in 2023 in the market. An increasing use of single-use pre-sterilized medical devices has resulted in a strong demand for PVC-based medical devices. PVC can also be sterilized using methods such as irradiation and ethylene oxide sterilization.

Demand for silicone in medical applications is increasing as it is not toxic to living tissues and is unlikely to yield an allergic response. Further, silicon tubing used in medical devices is usually of higher grade and is manufactured using a continuous vulcanization and extrusion process.

Browse through Grand View Research's Plastics, Polymers & Resins Industry Research Reports.

  • The global compostable packaging market size was estimated at USD 74.01 billion in 2023 and is expected to grow at a CAGR of 6.5% from 2024 to 2030.
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Key Companies & Market Share Insights

The manufacturers adopt several strategies, including acquisitions, mergers, joint ventures, new product developments, and geographical expansions, to enhance market penetration and cater to the changing technological requirements of various end-use industries.

The outbreak of COVID-19 pandemic prompted medical tubing manufacturers to strengthen online marketplaces for services and spare part availability. For instance, in February 2023, Freudenberg expanded its medical tubing production to Massachusetts. Aim of this initiative is to serve its Eastern U.S. customers by providing them with custom solutions.

Key Medical Tubing Companies:

  • Asahi Tec Corp.
  • MDC Industries
  • Nordson Corp.
  • ZARYS International Group
  • Hitachi Cable America Inc.
  • NewAge Industries, Inc.
  • TE Connectivity
  • Freudenberg & Co. KG
  • Spectrum Plastics Group
  • ATAG SpA

Segments Covered in the Report

Grand View Research has segmented the global medical tubing market based on product, application, and region:

Medical Tubing Product Outlook (Revenue, USD Billion; 2018 - 2030)

  • Silicone
  • Polyolefins
  • Polyimide
  • Polyvinyl Chloride
  • Polycarbonates
  • Fluoropolymers
  • Others

Medical Tubing Application Outlook (Revenue, USD Billion; 2018 - 2030)

  • Bulk disposable tubing
    • Silicone
    • Polyolefins
    • Polyimide
    • Polyvinyl Chloride
    • Polycarbonates
    • Fluoropolymers
    • Others
  • Drug delivery systems
    • Silicone
    • Polyolefins
    • Polyimide
    • Polyvinyl Chloride
    • Polycarbonates
    • Fluoropolymers
    • Others
  • Catheters
    • Silicone
    • Polyolefins
    • Polyimide
    • Polyvinyl Chloride
    • Polycarbonates
    • Fluoropolymers
      • Polytetrafluoroethylene (PTFE)
      • Fluorinated ethylene propylene (FEP)
    • Others
  • Biopharmaceutical laboratory equipment
    • Silicone
    • Polyolefins
    • Polyimide
    • Polyvinyl Chloride
    • Polycarbonates
    • Fluoropolymers
      • Polytetrafluoroethylene (PTFE)
      • Fluorinated ethylene propylene (FEP)
    • Others
  • Others

Medical Tubing Region Outlook (Revenue, USD Billion; 2018 - 2030)

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • Netherlands
    • Russia
    • Spain
    • UK
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Singapore
    • South Korea
  • Central & South America
    • Brazil
  • Middle East & Africa
    • South Africa

Order a free sample PDF of the Medical Tubing Market Intelligence Study, published by Grand View Research.

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