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SEATTLE , July 21, 2022 /PRNewswire/ -- According to Coherent Market Insights, the global medical tubing market is estimated to be valued at US$ 9,550.5 million in 2022 and is expected to exhibit a CAGR of 8.6% during the forecast period (2022-2030).
Key Trends and Analysis of the Global Medical Tubing Market:
Major players operating in the market are focusing on launch of new products is expected to drive the market over the forecast period. For instance, in May 2022 , Freudenberg Medical, a manufacturer of medical and pharmaceutical devices, components and tubing, has introduced HelixFlex, a high purity thermoplastic elastomer TPE tubing designed for use in pharmaceutical and biopharmaceutical applications. This is an expanded offering from Freudenberg, adding to its existing pharma product portfolio of silicone tubing and fluid transfer products for bioprocessing, drug and vaccine manufacturing, filling and sampling, peristaltic pumping, laboratory, and medical device applications. TPE tubing is ideal for pharmaceutical bioprocessing applications because it can be welded to existing tubing lines, and heat-sealed to allow for easy, fast and safe fluid handling, transport, and transfer in biopharma processes. TPE tubing from Freudenberg also offers many different sterilization options including autoclave, gamma irradiation, x-ray, and e-beam. Additionally, TPE tubing is a more environmentally friendly option than silicone and can be recycled.
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Global Medical Tubing Market, By Material:
Global Medical Tubing Market, By Application:
Global Medical Tubing Market, By Region:
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