Global Medical Copper Tubing Optics Market, By Product Type (Tubing, Fitting, Bracketing), Application (Carbon, Medical Air, Medical Vacuum, Nitrogen), End User (Hospitals, Nursing Home, Ambulatory Surgical Centers, Specialty Clinics) – Industry Trends and Forecast to 2030.
Medical Copper Tubing Market Analysis and Size
Medical copper tubes have long been used for patient care in dental offices, surgery in hospitals, and other treatments in outpatient clinics by a wide range of end users. Depending on the requirements, the growing demand for low coefficient of friction on both sides of the tubing is one of the key trends that has made its mark in the prospect of medical copper tubing. Manufacturers are increasingly turning to additives, particularly thermoplastic elastomers, to reduce the coefficient of friction and lubricity index of hoses. Copper tubes are used in a wide range of medical applications in developed countries worldwide.
Data Bridge Market Research analyses that the medical copper tubing market which is USD 2204.54 million in 2022, is expected to reach USD 4653.93 million by 2030, at a CAGR of 9.79% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Medical Copper Tubing Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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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 Type (Tubing, Fitting, Bracketing), Application (Carbon, Medical Air, Medical Vacuum, Nitrogen), End User (Hospitals, Nursing Home, Ambulatory Surgical Centers, Specialty Clinics)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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ABC Tube Company Pvt.Ltd (India), Amico Group of Companies (U.S.), B. Braun SE (Germany), B.D. (U.S.), Merck KGaA (Germany), Nordson Corporation (U.S.), Great Lakes Copper Ltd. (Canada), GUANGZHOU C&H MEDICAL TECHNOLOGY CO., LTD. (China), Indigo Metalloys Pvt. Ltd. (India), KME GERMANY GMBH (China), Mueller Streamline Co. (U.S.), NOVAIR MEDICAL (France), Precision U.K. Ltd (U.K.), The Lawton Tubes Co. (U.K.), Wieland-Werke AG (Germany)
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Market Opportunities
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Market Definition
Copper is becoming very important in medical tube applications due to its promising physical properties, particularly its durability and flexibility. These properties enable manufacturers in the medical copper tubing market to meet a wide range of specifications. Medical copper tubes are used to deliver medical gases such as oxygen, carbon dioxide, nitrogen, and nitrous oxide. Medical device manufacturers are focusing on developing medical gas pipes because copper pipes are antibacterial and non-harmful to the human body.
Medical Copper Tubing Market Dynamics
Drivers
- Growing demand for copper tubing for gas delivery
Copper tubing has been used in hospitals for gas delivery because of its corrosion-resistant and antibacterial properties. These tubes, which are used in medical gas pipelines, aid in cleanliness, degreasing, packaging, and usability. These benefits aid in achieving high-quality results while also contributing to market growth. These tubes have a long lifespan and are easy to construct. Furthermore, these items must meet regulatory standards such as ASTM B819 and CSA. Copper tubing has recently grown in popularity in the healthcare industry. The increased demand for copper tubing in the healthcare industry helps to drive market growth.
- High Popularity of Copper tubing in Healthcare
With advancements in medical infrastructure in developing countries, most hospitals are opting for centralised medical copper plumbing systems. These systems are critical, especially in emergency / critical areas such as operating rooms, CCUs, intensive care units, and kindergartens. These medical copper tube systems are highly preferred by hospitals because they are simple to install, long-lasting, and efficient. Copper tubes have a seamless fit and are soldered together. These medical copper tube systems require less maintenance and perform well over time. These are the certain factors which propel the growth of market.
- Increased Need for Low Coefficient of Friction
One of the major factors driving the growth of the medical copper tubing market is the increasing requirement for a low coefficient of friction on both sides of the tube according to specification. Companies rely on additives, primarily thermoplastic elastomers, to reduce the coefficient of friction and improve the tube's lubricity quotient. Rising demand for customized low coefficient of friction on both sides of the tubing is expected to drive market growth in the near future.
Opportunities
- Emergence of e-commerce distribution
The emergence of e-commerce expansion for the medical copper tubing device is required to level up their sales performances. E-commerce remains a megatrend affecting almost every industry's sales and distribution parameters. Medical copper tube manufacturers are also seeing promising opportunities in the field of e-commerce, where the scale of effective customer interaction is rapidly approaching. For instance, Lapp Tannehill, a leading supplier of wire, cable, connectivity, and tube products, launched its own e-commerce website in 2019. The company's goal with this launch is to expand its customer reach by deploying a "one-stop" platform that addresses all types of wiring and tube needs.
Restraints/Challenges
- High cost of copper tubing
The high cost of copper tubing, particularly type K, is regarded as the primary limiting factor in the medical copper tubing market. Although the growth of this sector is increasing and is expected to increase in the forecast period, the price is causing a major impediment to the expansion.
This medical copper 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 medical copper 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 the Medical Copper Tubing Market
COVID-19 has caused an unprecedented global public health crisis that has impacted virtually every business, and its long-term ramifications are expected to have an impact on industry growth during the forecast period. Our ongoing research is improving our research strategy to ensure that fundamental COVID-19 concerns and potential solutions are addressed. The increasing use of medical tubes as devices or delivery channels in drug delivery systems is driving growth in this segment. As the global prevalence of COVID 19 rises, so does the demand for drug delivery systems. Drug delivery devices and devices such as feeding tubes, nebulizers, and spacers are in high demand.
Global Medical copper tubing Market Scope
The medical copper tubing market is segmented on the basis of product type, application 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 Type
- Tubing
- L Type
- K Type
- DWV
- Fittings
- Elbows
- Couplers
- Tees
- Crosses
- Ends
- Bracketing
- Munsen rings
- Drop rods
- Backplates
- Saddles
Application
- Carbon
- Medical air
- Medical vacuum
- Nitrogen
End User
- Hospitals
- Nursing Home
- Ambulatory Surgical Centers
- Specialty Clinics
Medical Copper Tubing Market Regional Analysis/Insights
The medical copper tubing market is analyzed and market size insights and trends are provided by country, product type, application and end user as referenced above.
The countries covered in the medical copper tubing market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the medical copper tubing market due to the increasing adoption of copper tubes in the region's medical applications. Growth is fragmented because copper tubes are highly corrosion resistant and flexible, with a higher recycling rate than any other engineering metal.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2023 to 2030 because of the abundance of copper resources in this area.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts 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.
Healthcare Infrastructure Growth Installed base and New Technology Penetration
The medical copper tubing market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for medical copper tubing market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the medical copper tubing market. The data is available for historic period 2011-2021.
Competitive Landscape and Medical Copper Tubing Market Share Analysis
The medical copper 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 medical copper tubing market.
Some of the major players operating in the medical copper tubing market are:
- ABC Tube Company Pvt.Ltd (India)
- Amico Group of Companies (U.S.)
- B. Braun SE(Germany)
- B.D. (U.S.)
- Merck KGaA (Germany)
- Nordson Corporation (U.S.
- Great Lakes Copper Ltd. (Canada)
- GUANGZHOU C&H MEDICAL TECHNOLOGY CO., LTD. (China)
- Indigo Metalloys Pvt. Ltd. (India)
- KME GERMANY GMBH (China)
- Mueller Streamline Co. (U.S.)
- NOVAIR MEDICAL (France)
- Precision U.K. Ltd (U.K.)
- The Lawton Tubes Co. (U.K.)
- Wieland-Werke AG (Germany)
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