Global Bulk Disposable Tubing Market, By Product (Single Lumen Tubing and Multi-Lumen Tubing) Material (Plastics, Rubbers, Specialty Polymers), Material (Fluoropolymers, Polyolefins, Polyvinyl Chloride (PVC), Silicone, Thermoplastic Elastomers (TPE), and Other Materials), End-Users (Medical, Bio-Pharmaceutical and Life Science, and Clinical Testing) – Industry Trends and Forecast to 2029
Market Analysis and Size
The segment of bulk disposable tubing is the need for developing healthcare infrastructure, infection prevention, and need for augmented efficiency. The growth in developing countries is increasing due to the increased disposable income, economic development, and purchasing power and growing investments by governments to provide high-quality healthcare facilities.
Data Bridge Market Research analyses that the bulk disposable tubing market was valued at USD 3410.00 million in 2021 and is expected to reach USD 7362.97 million by 2029, registering a CAGR of 10.10 % during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Market Definition
Bulk disposable tubing comprises tubes that are used in blood bags for products for blood transfusion, IV infusion tubing, dialysis, laboratory disposables, drug delivery disposables, respiratory disposables and wound management disposables.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD million, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Single Lumen Tubing and Multi-Lumen Tubing) Material (Plastics, Rubbers, Specialty Polymers), Material (Fluoropolymers, Polyolefins, Polyvinyl Chloride (PVC), Silicone, Thermoplastic Elastomers (TPE), and Other Materials), End-Users (Medical, Bio-Pharmaceutical and Life Science, and Clinical Testing)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
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Market Players Covered
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Saint-Gobain (France), Freudenberg Medical (US), W.L. Gore & Associates Inc. (US), Avient Corporation (US), Raumedic AG (Germany), The Lubrizol Corporation (US), Elkem ASA (Norway), Dow (US), Nordson Corporation (US), Teknor Apex Company, Inc. (US), Optinova (Finland), Zarys International Group (Poland), Hitachi, Ltd. (Japan), NewAge Industries, (US), TE Connectivity (Switzerland), Spectrum Plastics Group (US), ATAG spa (Italy), Trelleborg AB (publ) (Sweden), MicroLumen, Inc. (US)
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Market Opportunities
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Bulk Disposable Tubing Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Increasing use of silicone to drive the demand for bulk disposable tubing
Silicone is a high-performance material that is used in several industries. It is created by reacting silicon with methyl chloride, then with water to remove the chlorine atoms from the solution.These reactions produce a polymer that is unaffected by high and low temperatures, making it perfect for use in the medical and healthcare industries.
- Increase in the geriatric population
The growth of the bulk disposable tubing market is rising due to the aging population and increasing concern about health issues, especially in developing countries, which is driving people to spend money on quality healthcare services.
- Rise in the number of government initiatives
The demand for bulk disposable tubing is growing because governments are taking different initiatives in many countries to minimise the cost of bulk disposable tubes and improve their healthcare infrastructure.
- Shift toward minimally invasive medical procedures
The fast-growing demand for minimally invasive medical procedures and surge in healthcare convenience are the factors that are driving the market for bulk disposable tubing in across the globe.
Opportunities
- Rise in product innovations
The growing number of product innovations will increase new market opportunities for the market's growth rate. Several product advancements targeted at improving design and manufacturing processes are also aiding market expansion which will be helpful for the growth of bulk disposable tubing in market. Manufacturers are working on more efficient, reliable, and convenient goods.
- Increasing healthcare investments in emerging economies
Growth in developing countries is increasing due to the market's economic growth, increased disposable income and purchasing power, and rising government investments to deliver high-quality healthcare facilities. Bulk disposable tubing comprises tubes used in respiratory disposables, products for dialysis, laboratory disposables, and blood bags for IV infusion tubing, drug delivery disposables, blood transfusion, and wound management disposables.
Restraints/ Challenges
The manufacturing process of bulk disposable tube requires high investments and more time. Interruption in regulatory approvals raises the overall expansion procedure, causing delay in investment in medical product technology. The market is experiencing continuous product innovation to ignore technical and biocompatibility problems, which sustain more costs and time. Different medical devices and polymers require variable approval processes, requiring different approval times. The regulatory approval processes also vary from one region to another, making the marketing and commercialization of products more difficult for manufacturers, which will obstruct the market's growth rate.
This bulk disposable tubing market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the bulk disposable tubing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Bulk Disposable Tubing Market
Due to the outbreak of Covid-19, the healthcare industry saw a rise in the usage of medical devices. The bulk disposable tubing market raised at a special rate due to the pandemic. The demand for drug delivery tube, respiratory tube and IV tubes, and among others was improved in the hospital to be placed outside the hospital rooms due to the extremely transmittable nature of the COVID-19 pandemic. During the COVID-19 pandemic, we have also seen growth in the use of drug delivery systems.
Recent Development
- In September 2020, Saint-Gobain SA acquired MS Techniques and Transluminal, which has designed minimally invasive catheter solutions and high-precision thermoplastic extrusion. Under this achievement, the developed company got integrated into the Life Sciences’ Medical Components business unit of Saint-Gobain SA. This acquisition helped the invasive market for medical procedures minimally.
- In May 2021, in May 2021, Freudenberg Medical, LLC enhanced its Costa Rica manufacturing operations. Under this developed project, an 8,600 square feet of facility area was added to the existing facility. The company's expansion is increasing its catheter manufacturing and assembly, packaging capacities. Molding and extrusion.
Global Bulk Disposable Tubing Market Scope
The bulk disposable tubing market is segmented on the basis of products, materials and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Single Lumen Tubing
- Multi-Lumen Tubing
- Material
- Plastics
- Rubbers
- Specialty Polymers
Material
- Fluoropolymers
- Polyolefins
- Polyvinyl Chloride (PVC)
- Silicone
- Thermoplastic Elastomers (TPE)
- Other Materials
End Users
- Medical
- Bio-Pharmaceutical and Life Science
- Clinical Testing
Bulk Disposable Tubing Market Regional Analysis/Insights
The bulk disposable tubing market is analyzed and market size insights and trends are provided by country, products, materials and end-user as referenced above.
The countries covered in the bulk disposable tubing market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.
Asia-Pacific dominates the bulk disposable tubing market in terms of market share and revenue and will remain to flourish its dominance during the forecast period. This is due to the rising demand for bulk disposable tubing in this region. The Asia-Pacific region dominates the paper bag market, with China leading the way in terms of minimally invasive medical procedures and increasing healthcare accessibility of bulk disposable tubing. Due of the ease of demand for minimally invasive medical procedures and increase in healthcare accessibility of bulk disposable tubing, China is leading the Asia-Pacific market.
During the projected period, Europe is expected to be the fastest developing region due to the rising geriatric population, increasing occurrences of diseases and Technological advancements such as obesity and diabetes increase the demand of bulk disposable tubing in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Bulk Disposable Tubing Market Share Analysis
The bulk disposable tubing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to bulk disposable tubing market.
Some of the major players operating in the bulk disposable tubing market are:
- Saint-Gobain (France)
- Freudenberg Medical (US)
- W.L. Gore & Associates Inc. (US)
- Avient Corporation (US)
- Raumedic AG (Germany)
- The Lubrizol Corporation (US)
- Elkem ASA (Norway)
- Dow (US)
- Nordson Corporation (US)
- Teknor Apex Company, Inc. (US)
- Optinova (Finland)
- Zarys International Group (Poland)
- Hitachi, Ltd. (Japan)
- NewAge Industries, (US)
- TE Connectivity (Switzerland)
- Spectrum Plastics Group (US)
- ATAG spa (Italy)
- Trelleborg AB (publ) (Sweden)
- MicroLumen, Inc. (US)
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