The global medical tubing market size is expected to reach a valuation of USD 13.1 billion in 2023. It is projected to cross a valuation of about USD 23.5 billion by 2033. A CAGR of 6.0% is estimated for the global market in the assessment period 2023 to 2033.
As per Future Market Insights (FMI), the medical tubing industry is anticipated to create an absolute dollar opportunity worth USD 10.4 billion in the forecast period. The market stood at a valuation of USD 12.2 billion in 2022.
A number of important variables that combined to create the current healthcare business environment have increased medical tubing demand. These include constant global health concerns, demographic shifts, changes in healthcare practices, rising public awareness of infection management, and technological improvements.
Usage of more specialized medical tubing has become necessary due to the quick technological improvements in medical treatments and diagnostic methods. Medical tubing is a crucial component in performing several operations.
They range from minimally invasive surgeries to complex imaging techniques. There is hence a greater need for customized tubing solutions worldwide. This is due to the need for greater precision, mobility, and interoperability with cutting-edge medical equipment.
Need for medical tubing has also been influenced by shifting demographics, including an elderly population in several regions of the world. Elderly people frequently need ongoing medical care, medication delivery, and a range of treatment interventions.
All of these need the extensive use of medical tubing. Medical tubing that aids aged care is likely to be in greater demand as the world's population ages.
Emphasis has changed to the comfort and recuperation of patients as a result of changing healthcare methods. Due to this, innovative medical equipment has been created that require carefully thought-out tubing to assure smooth transport of fluids, gases, and drugs.
Need for medical tubing is further rising with demand for enhanced comfort, decreased risk of problems, and simplicity of usage. Today, both medical personnel and patients are looking for patient-centric care, which might aid demand.
Medical tubing is in greater demand as a result of increased focus on infection prevention and control. Healthcare-associated infections are still a key concern.
It might help in necessitating the development of materials and layouts that are more contaminant- and sterilization-resistant. Need for infection-resistant tubing is especially important in places such as operating rooms, intensive care units, and other high-risk medical settings.
The COVID-19 pandemic and other recent global health issues have highlighted the significance of having a strong and flexible healthcare infrastructure. The pandemic made clear the necessity for quick and effective medical supply distribution.
This included tubing for a wide range of medical uses. This incident might have raised people's awareness of how crucial it is to keep a consistent supply of vital medical supplies. It has further helped in propelling demand for medical tubing worldwide.
Attributes | Key Insights |
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Medical Tubing Market Estimated Size (2023E) | USD 13.1 billion |
Projected Market Valuation (2033F) | USD 23.5 billion |
Value-based CAGR (2023 to 2033) | 6.0% |
United States Value-based CAGR (2023 to 2033) | 6.0% |
The global medical tubing market is likely to witness a CAGR of 6.0% in the assessment period. It recorded a CAGR of 7.7% in the historical period between 2018 and 2022.
Growing number of health-related applications that call for tubing solutions is a key motivator in the market. New treatments and procedures are being created as medical research progresses.
They mainly depend on the correct administration of gases, fluids, and drugs. These essential compounds are transported using medical tubing. They might help medical practitioners provide treatments more precisely and effectively.
Surging popularity of medical tubing can be attributed to the movement toward remote monitoring and home healthcare. Necessity for prolonged hospital stays has decreased as a result of technological improvements that allow patients to get health monitoring at home.
In March 2021, for instance, Medicover Hospitals inaugurated home healthcare services in India. It is a Sweden-based chain of hospitals. It aims to provide healthcare and accessibility to nurses & physicians at home for patients who are unable to physically visit the hospital.
Since patients can now maintain an improved standard of life while continuing to receive critical care, there is a greater demand for transportable medical supplies. These might help combine tubing for giving medications, infusion, and other medicinal purposes.
Its rising appeal is also fueled by the integration of tissue engineering and regenerative medicine interface with medical tubing. Medical tubing is set to be crucial in establishing controlled settings for cell cultures and allowing the flow of nutrients & growth hormones.
Researchers and physicians are investigating novel techniques to cultivating and transplanting tissues. Demand for customized tubing solutions made for these applications might rise as these innovative medical treatments gain popularity.
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South Korea medical tubing market is projected to witness a CAGR of around 5.6% in the review period 2023 to 2033. It is likely to create an absolute dollar opportunity of USD 518.6 million in the same period.
Patients travel from every part of the world to South Korea in search of excellent medical treatment, turning the country into a center for medical tourism. Consequently, medical tubing is expected to gain traction across a wide range of businesses, including cosmetic surgery and advanced medical procedures.
South Korea-based health care providers need a consistent supply of premium medical tubing for a variety of operations. This would help them to serve international patients and keep its reputation as a destination for healthcare.
South Korea's aging population and rising chronic diseases are similar to those of several wealthy countries. Patients with chronic illnesses and elderly patients frequently need permanent treatment and medical services.
It might necessitate the application of medical tubing. Need for tubing equipment for observing patients, medication distribution, and other interventions has hence significantly increased.
In May 2023, a Memorandum of Understanding (MoU) was signed by the World Health Organization (WHO) and the Republic of Korea. This would help them to establish a worldwide biomanufacturing training hub.
The international training facility will assist all middle- and low-income countries in producing biological products. These include immunizations glucose, antibodies that are monoclonal, and cancer treatments.
Japan medical tubing market is expected to rise at a CAGR of 5.9% in the evaluation period. It is estimated to exceed a valuation of about USD 4.6 billion by 2033.
Due to Japan's vulnerability to earthquakes and tsunamis, healthcare providers are emphasizing the importance of durable and portable medical equipment. Demand is also increasing as medical tubing becomes more recognized as a crucial element of disaster preparedness that can be easily and consistently set up in emergency scenarios.
In order to address issues with an aging population and rising healthcare expenses, the government has been putting money into medical facilities and adopting healthcare reforms. Promotional programs for telemedicine and home healthcare are part of these improvements. These changes might increase the demand for medical tubing systems that can be adapted to patient-centric care models and remote monitoring.
In February 2021, Japan took additional steps to loosen limits on the use of telemedicine, which is likely to enhance the country's healthcare system. Following COVID-19, a number of protective measures were announced.
They included a loosening of limits on online medical treatment and ability for doctors to conduct initial assessments or consultations with patients over the phone or online. Range of ailments that can be addressed virtually, as well as services covered by the national healthcare system were both expanded.
Considering that Japan is known for creating high-quality medical gadgets, the export sector for these products is booming. Increased manufacturing is required to meet both domestic and international demand.
It might be a result of medical tubing producers selling their goods to several international markets. The country's growing interest in the production of medical tubing is a result of this dual demand dynamic.
In terms of product, the silicone segment is anticipated to witness a CAGR of 5.8% in the forecast period. It recorded a CAGR of around 7.6% in the historical period from 2018 to 2022.
Outstanding biocompatibility of silicone medical tubing is one of the main factors propelling its popularity. Silicone is considered excellent for several medical applications.
They include implanted devices, catheters, and other devices that come into touch with biological fluids or tissues. It is well-tolerated by the human body and does not cause unpleasant responses.
In medical applications, silicone tubing delivers a vital mix of flexibility and toughness. It is simple to work with and might be bent without kinking.
It further helps in enabling precise positioning and simple movement during procedures. Due to its robustness, it can be used repeatedly, sterilized, and exposed to different medical compounds without degrading.
Since silicone tubing is frequently transparent, fluids flowing through the tube can be seen clearly. This openness is especially crucial while performing medical operations and interventions as good outcomes and patient safety depend on correct fluid monitoring and observation.
Integrity and effectiveness of silicone medical tubing are maintained across a broad temperature range owing to its superior temperature resistance. Additionally, it is resistant to a number of common chemicals and disinfectants used in healthcare facilities. Its usefulness for applications involving a range of medical chemicals and sterilizing techniques might be facilitated by this resistance.
Based on application, the bulk disposable tubing segment is anticipated to register a CAGR of around 5.7% in the assessment period. It expanded at a CAGR of 7.5% in the historical period.
On a broader scale, bulk disposable tubing offers cost benefits. Bulk tube purchases frequently have lower per-unit costs.
They are hence set to be an affordable option for companies and organizations that need a steady supply. This cost-effectiveness is especially advantageous for businesses that use a lot of tubing such as hospitals, research labs, and manufacturing operations.
Logistics in the supply chain are made simpler by purchasing disposable tubing in bulk. By maintaining a consistent and reliable inventory, businesses might reduce the need for frequent reordering and the risk of operational disruptions. This supply chain management effectiveness might boost productivity.
By decreasing packaging waste and requirement for superfluous packaging materials, bulk disposable tubing supports sustainability initiatives. Bulk packaging might help to lessen the carbon footprint related to single-use products. It is something that businesses are increasingly realizing is important.
Bulk disposable tubing availability guarantees that there will always be a sufficient supply on hand. As a result, there will be less downtime while awaiting new supplies. This seamless availability might benefit companies that depend on perpetual procedures or have time-sensitive demands, increasing operational efficiency.
Beyond the healthcare sector, bulk disposable tubing is used in different fields such as beverages, food, drug manufacturing, and research. Due to its adaptability, it is a desirable alternative for a diverse range of uses, including fluid transfer, sampling, and transportation of gases & chemicals.
Leading medical tubing manufacturers are exploring international markets to tap into growing healthcare sectors around the world. By expanding their reach beyond their home markets, they can reach new opportunities for growth and broaden their customer base.
Collaboration with other healthcare sector participants is on the rise, including hospitals, research institutions, and producers of medical devices. Manufacturers can learn about new demands and trends by collaborating and co-developing creative solutions. This might also help in ensuring that their products seamlessly interface with other medical devices.
Medical tubing producers are integrating sustainable principles into their business models as environmental concerns rise. This entails the use of environmentally friendly materials, reduction of waste during production, and design of goods that can be recycled properly. Sustainability efforts not only support global environmental goals but also enhance a company's standing in the marketplace.
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Attribute | Details |
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Estimated Market Size (2023) | USD 13.1 billion |
Projected Market Valuation (2033) | USD 23.5 billion |
Value-based CAGR (2023 to 2033) | 6.0% |
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | Value (USD billion) |
Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, Italy, France, United Kingdom, Spain, Russia, GCC Countries, India, China, Japan, Australia |
Key Segments Covered | Product, Application, Region |
Key Companies Profiled | Asahi Tec Corp.; MDC Industries; Nordson Corp.; ZARYS International Group; Hitachi Cable America, Inc. |
Table 1: Global Market Value (US$ billion) Forecast by Region, 2018 to 2033
Table 2: Global Market Volume (Units) Forecast by Region, 2018 to 2033
Table 3: Global Market Value (US$ billion) Forecast by Product, 2018 to 2033
Table 4: Global Market Volume (Units) Forecast by Product, 2018 to 2033
Table 5: Global Market Value (US$ billion) Forecast by Application, 2018 to 2033
Table 6: Global Market Volume (Units) Forecast by Application, 2018 to 2033
Table 7: North America Market Value (US$ billion) Forecast by Country, 2018 to 2033
Table 8: North America Market Volume (Units) Forecast by Country, 2018 to 2033
Table 9: North America Market Value (US$ billion) Forecast by Product, 2018 to 2033
Table 10: North America Market Volume (Units) Forecast by Product, 2018 to 2033
Table 11: North America Market Value (US$ billion) Forecast by Application, 2018 to 2033
Table 12: North America Market Volume (Units) Forecast by Application, 2018 to 2033
Table 13: Latin America Market Value (US$ billion) Forecast by Country, 2018 to 2033
Table 14: Latin America Market Volume (Units) Forecast by Country, 2018 to 2033
Table 15: Latin America Market Value (US$ billion) Forecast by Product, 2018 to 2033
Table 16: Latin America Market Volume (Units) Forecast by Product, 2018 to 2033
Table 17: Latin America Market Value (US$ billion) Forecast by Application, 2018 to 2033
Table 18: Latin America Market Volume (Units) Forecast by Application, 2018 to 2033
Table 19: Western Europe Market Value (US$ billion) Forecast by Country, 2018 to 2033
Table 20: Western Europe Market Volume (Units) Forecast by Country, 2018 to 2033
Table 21: Western Europe Market Value (US$ billion) Forecast by Product, 2018 to 2033
Table 22: Western Europe Market Volume (Units) Forecast by Product, 2018 to 2033
Table 23: Western Europe Market Value (US$ billion) Forecast by Application, 2018 to 2033
Table 24: Western Europe Market Volume (Units) Forecast by Application, 2018 to 2033
Table 25: Eastern Europe Market Value (US$ billion) Forecast by Country, 2018 to 2033
Table 26: Eastern Europe Market Volume (Units) Forecast by Country, 2018 to 2033
Table 27: Eastern Europe Market Value (US$ billion) Forecast by Product, 2018 to 2033
Table 28: Eastern Europe Market Volume (Units) Forecast by Product, 2018 to 2033
Table 29: Eastern Europe Market Value (US$ billion) Forecast by Application, 2018 to 2033
Table 30: Eastern Europe Market Volume (Units) Forecast by Application, 2018 to 2033
Table 31: South Asia and Pacific Market Value (US$ billion) Forecast by Country, 2018 to 2033
Table 32: South Asia and Pacific Market Volume (Units) Forecast by Country, 2018 to 2033
Table 33: South Asia and Pacific Market Value (US$ billion) Forecast by Product, 2018 to 2033
Table 34: South Asia and Pacific Market Volume (Units) Forecast by Product, 2018 to 2033
Table 35: South Asia and Pacific Market Value (US$ billion) Forecast by Application, 2018 to 2033
Table 36: South Asia and Pacific Market Volume (Units) Forecast by Application, 2018 to 2033
Table 37: East Asia Market Value (US$ billion) Forecast by Country, 2018 to 2033
Table 38: East Asia Market Volume (Units) Forecast by Country, 2018 to 2033
Table 39: East Asia Market Value (US$ billion) Forecast by Product, 2018 to 2033
Table 40: East Asia Market Volume (Units) Forecast by Product, 2018 to 2033
Table 41: East Asia Market Value (US$ billion) Forecast by Application, 2018 to 2033
Table 42: East Asia Market Volume (Units) Forecast by Application, 2018 to 2033
Table 43: Middle East and Africa Market Value (US$ billion) Forecast by Country, 2018 to 2033
Table 44: Middle East and Africa Market Volume (Units) Forecast by Country, 2018 to 2033
Table 45: Middle East and Africa Market Value (US$ billion) Forecast by Product, 2018 to 2033
Table 46: Middle East and Africa Market Volume (Units) Forecast by Product, 2018 to 2033
Table 47: Middle East and Africa Market Value (US$ billion) Forecast by Application, 2018 to 2033
Table 48: Middle East and Africa Market Volume (Units) Forecast by Application, 2018 to 2033
Figure 1: Global Market Value (US$ billion) by Product, 2023 to 2033
Figure 2: Global Market Value (US$ billion) by Application, 2023 to 2033
Figure 3: Global Market Value (US$ billion) by Region, 2023 to 2033
Figure 4: Global Market Value (US$ billion) Analysis by Region, 2018 to 2033
Figure 5: Global Market Volume (Units) Analysis by Region, 2018 to 2033
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 8: Global Market Value (US$ billion) Analysis by Product, 2018 to 2033
Figure 9: Global Market Volume (Units) Analysis by Product, 2018 to 2033
Figure 10: Global Market Value Share (%) and BPS Analysis by Product, 2023 to 2033
Figure 11: Global Market Y-o-Y Growth (%) Projections by Product, 2023 to 2033
Figure 12: Global Market Value (US$ billion) Analysis by Application, 2018 to 2033
Figure 13: Global Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 14: Global Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 15: Global Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 16: Global Market Attractiveness by Product, 2023 to 2033
Figure 17: Global Market Attractiveness by Application, 2023 to 2033
Figure 18: Global Market Attractiveness by Region, 2023 to 2033
Figure 19: North America Market Value (US$ billion) by Product, 2023 to 2033
Figure 20: North America Market Value (US$ billion) by Application, 2023 to 2033
Figure 21: North America Market Value (US$ billion) by Country, 2023 to 2033
Figure 22: North America Market Value (US$ billion) Analysis by Country, 2018 to 2033
Figure 23: North America Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 26: North America Market Value (US$ billion) Analysis by Product, 2018 to 2033
Figure 27: North America Market Volume (Units) Analysis by Product, 2018 to 2033
Figure 28: North America Market Value Share (%) and BPS Analysis by Product, 2023 to 2033
Figure 29: North America Market Y-o-Y Growth (%) Projections by Product, 2023 to 2033
Figure 30: North America Market Value (US$ billion) Analysis by Application, 2018 to 2033
Figure 31: North America Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 32: North America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 33: North America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 34: North America Market Attractiveness by Product, 2023 to 2033
Figure 35: North America Market Attractiveness by Application, 2023 to 2033
Figure 36: North America Market Attractiveness by Country, 2023 to 2033
Figure 37: Latin America Market Value (US$ billion) by Product, 2023 to 2033
Figure 38: Latin America Market Value (US$ billion) by Application, 2023 to 2033
Figure 39: Latin America Market Value (US$ billion) by Country, 2023 to 2033
Figure 40: Latin America Market Value (US$ billion) Analysis by Country, 2018 to 2033
Figure 41: Latin America Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 44: Latin America Market Value (US$ billion) Analysis by Product, 2018 to 2033
Figure 45: Latin America Market Volume (Units) Analysis by Product, 2018 to 2033
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Product, 2023 to 2033
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Product, 2023 to 2033
Figure 48: Latin America Market Value (US$ billion) Analysis by Application, 2018 to 2033
Figure 49: Latin America Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 50: Latin America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 52: Latin America Market Attractiveness by Product, 2023 to 2033
Figure 53: Latin America Market Attractiveness by Application, 2023 to 2033
Figure 54: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 55: Western Europe Market Value (US$ billion) by Product, 2023 to 2033
Figure 56: Western Europe Market Value (US$ billion) by Application, 2023 to 2033
Figure 57: Western Europe Market Value (US$ billion) by Country, 2023 to 2033
Figure 58: Western Europe Market Value (US$ billion) Analysis by Country, 2018 to 2033
Figure 59: Western Europe Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 60: Western Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 61: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 62: Western Europe Market Value (US$ billion) Analysis by Product, 2018 to 2033
Figure 63: Western Europe Market Volume (Units) Analysis by Product, 2018 to 2033
Figure 64: Western Europe Market Value Share (%) and BPS Analysis by Product, 2023 to 2033
Figure 65: Western Europe Market Y-o-Y Growth (%) Projections by Product, 2023 to 2033
Figure 66: Western Europe Market Value (US$ billion) Analysis by Application, 2018 to 2033
Figure 67: Western Europe Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 68: Western Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 69: Western Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 70: Western Europe Market Attractiveness by Product, 2023 to 2033
Figure 71: Western Europe Market Attractiveness by Application, 2023 to 2033
Figure 72: Western Europe Market Attractiveness by Country, 2023 to 2033
Figure 73: Eastern Europe Market Value (US$ billion) by Product, 2023 to 2033
Figure 74: Eastern Europe Market Value (US$ billion) by Application, 2023 to 2033
Figure 75: Eastern Europe Market Value (US$ billion) by Country, 2023 to 2033
Figure 76: Eastern Europe Market Value (US$ billion) Analysis by Country, 2018 to 2033
Figure 77: Eastern Europe Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 78: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 79: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 80: Eastern Europe Market Value (US$ billion) Analysis by Product, 2018 to 2033
Figure 81: Eastern Europe Market Volume (Units) Analysis by Product, 2018 to 2033
Figure 82: Eastern Europe Market Value Share (%) and BPS Analysis by Product, 2023 to 2033
Figure 83: Eastern Europe Market Y-o-Y Growth (%) Projections by Product, 2023 to 2033
Figure 84: Eastern Europe Market Value (US$ billion) Analysis by Application, 2018 to 2033
Figure 85: Eastern Europe Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 88: Eastern Europe Market Attractiveness by Product, 2023 to 2033
Figure 89: Eastern Europe Market Attractiveness by Application, 2023 to 2033
Figure 90: Eastern Europe Market Attractiveness by Country, 2023 to 2033
Figure 91: South Asia and Pacific Market Value (US$ billion) by Product, 2023 to 2033
Figure 92: South Asia and Pacific Market Value (US$ billion) by Application, 2023 to 2033
Figure 93: South Asia and Pacific Market Value (US$ billion) by Country, 2023 to 2033
Figure 94: South Asia and Pacific Market Value (US$ billion) Analysis by Country, 2018 to 2033
Figure 95: South Asia and Pacific Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 96: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 97: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 98: South Asia and Pacific Market Value (US$ billion) Analysis by Product, 2018 to 2033
Figure 99: South Asia and Pacific Market Volume (Units) Analysis by Product, 2018 to 2033
Figure 100: South Asia and Pacific Market Value Share (%) and BPS Analysis by Product, 2023 to 2033
Figure 101: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Product, 2023 to 2033
Figure 102: South Asia and Pacific Market Value (US$ billion) Analysis by Application, 2018 to 2033
Figure 103: South Asia and Pacific Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 104: South Asia and Pacific Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 105: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 106: South Asia and Pacific Market Attractiveness by Product, 2023 to 2033
Figure 107: South Asia and Pacific Market Attractiveness by Application, 2023 to 2033
Figure 108: South Asia and Pacific Market Attractiveness by Country, 2023 to 2033
Figure 109: East Asia Market Value (US$ billion) by Product, 2023 to 2033
Figure 110: East Asia Market Value (US$ billion) by Application, 2023 to 2033
Figure 111: East Asia Market Value (US$ billion) by Country, 2023 to 2033
Figure 112: East Asia Market Value (US$ billion) Analysis by Country, 2018 to 2033
Figure 113: East Asia Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 114: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 115: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 116: East Asia Market Value (US$ billion) Analysis by Product, 2018 to 2033
Figure 117: East Asia Market Volume (Units) Analysis by Product, 2018 to 2033
Figure 118: East Asia Market Value Share (%) and BPS Analysis by Product, 2023 to 2033
Figure 119: East Asia Market Y-o-Y Growth (%) Projections by Product, 2023 to 2033
Figure 120: East Asia Market Value (US$ billion) Analysis by Application, 2018 to 2033
Figure 121: East Asia Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 122: East Asia Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 123: East Asia Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 124: East Asia Market Attractiveness by Product, 2023 to 2033
Figure 125: East Asia Market Attractiveness by Application, 2023 to 2033
Figure 126: East Asia Market Attractiveness by Country, 2023 to 2033
Figure 127: Middle East and Africa Market Value (US$ billion) by Product, 2023 to 2033
Figure 128: Middle East and Africa Market Value (US$ billion) by Application, 2023 to 2033
Figure 129: Middle East and Africa Market Value (US$ billion) by Country, 2023 to 2033
Figure 130: Middle East and Africa Market Value (US$ billion) Analysis by Country, 2018 to 2033
Figure 131: Middle East and Africa Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 134: Middle East and Africa Market Value (US$ billion) Analysis by Product, 2018 to 2033
Figure 135: Middle East and Africa Market Volume (Units) Analysis by Product, 2018 to 2033
Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Product, 2023 to 2033
Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Product, 2023 to 2033
Figure 138: Middle East and Africa Market Value (US$ billion) Analysis by Application, 2018 to 2033
Figure 139: Middle East and Africa Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 142: Middle East and Africa Market Attractiveness by Product, 2023 to 2033
Figure 143: Middle East and Africa Market Attractiveness by Application, 2023 to 2033
Figure 144: Middle East and Africa Market Attractiveness by Country, 2023 to 2033
The medical tubing industry is likely to top USD 23.5 billion in 2033.
The market is set to expand at 6.0% CAGR from 2023 to 2033.
The market exhibited a CAGR of 7.7% between 2018 and 2022.
China market is estimated to expand at a CAGR of 5.9% through 2033.
Silicone segment might witness a CAGR of 5.8% from 2023 to 2033.
The United Kingdom might exceed a valuation of USD 340.6 million by 2033.
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