Medical Tubing Market: Current Industry Scenario and Future Potential Growth to 2026- Exclusive Report by MarketsandMarkets™
Verfasser: ashwani_kailiya on Monday, 11 April 2022The global medical tubing market size is projected to reach USD 7.9 billion by 2026 growing at a CAGR of 10.0% from 2021 to 2026. The increasing demand for medical tubing in various healthcare segments coupled with stringent regulations concerning healthcare safety is driving the market for medical tubing. The increase in demand for medical tubing and the growing industrial development in the emerging economies, such as APAC and South America, are driving the market.
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Disposable medical tubing, also known as common disposable tubing, is designed for single use and can be easily disposed of once used. The major growth factors driving the bulk disposable tubing segment include the need for modernizing healthcare infrastructure, prevention of infection, and need for increased efficiency. The growth of this segment in developing countries is exponential due to the rising economic growth, increased disposable income and purchasing power, and increasing investments by governments to provide superior-quality healthcare facilities. Bulk disposable tubing comprises tubes used in blood bags for blood transfusion, IV infusion tubing, drug delivery disposables, respiratory disposables, products for dialysis, laboratory disposables, and wound management disposables.