Report : Europe Medical Tubing Market Forecast to 2028 – COVID-19 Impact and Regional Analysis– by Material [Polyvinyl Chloride (PVC), Polyimide/Nylons, PTFE/Thermoplastic Elastomers (TPES), Thermoplastic Polyurethanes (TPUS), Polyvinylidene Fluoride (PVDF), Polypropylene and Polyethylene, Silicon, and Others], Structure (Single-Lumen, Multi-Lumen, Multi-Layer Extruded Tubing, Tapered or Bump Tubing, Braided Tubing, Balloon Tubing, Corrugated Tubing, Heat Shrink Tubing, and Others), Application (Bulk Disposable Tubing, Catheter & Cannula, Drug Delivery System, and Others), and End User (Hospitals and Clinics, Ambulatory Care Centres, Medical Device Companies, Laboratories, and Others)
At 6.4% CAGR, the Europe Medical Tubing Market is speculated to be worth US$ 4,755.09 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the Europe medical tubing market was valued at US$ 3,284.87 million in 2022 and is expected to reach US$ 4,755.09 million by 2028, registering a CAGR of 6.4% from 2022 to 2028. Increase in number of patients requiring tube feeding and rise in minimally invasive surgical procedures are the critical factors attributed to the Europe medical tubing market expansion.
A feeding tube is used to provide nutrients to patients who don’t get enough nutrition from ingested food. A medical tube is inserted in the stomach or small intestine to deliver liquid nutrition directly. Tube feeding procedure is prescribed to patients with gastrointestinal dysfunction, head and neck cancer (which make swallowing difficult), neurological disorders (including stroke and paralysis), and other medical conditions. Crohn’s disease, a gastrointestinal disease associated with trauma, bowel obstruction (BO), microscopic colitis, short bowel syndrome, and ulcerative colitis are a few gastrointestinal disorders. Additionally, the Stroke Association states that 100,000 people experience strokes each year in the UK; moreover, ~400 children in the country have a stroke every year. Enteral nutrition is preferred for feeding patients with gastrointestinal diseases. As these patients cannot consume food orally, the enteral route is preferred to meet their nutrient requirements. Therefore, a surge in the number of patients suffering from gastrointestinal dysfunction, head and neck cancer (which make swallowing difficult), and neurological disorders (including stroke and paralysis) boosts the demand for tube feeding, thus driving the Europe medical tubing market growth.
On the contrary, complications associated with medical tubes hampers the Europe medical tubing market.
Based on material, the Europe medical tubing market is segmented into polyvinyl chloride (PVC), polyimide/nylons, PTFE/thermoplastic elastomers (TPES), thermoplastic polyurethanes (TPUS), polyvinylidene fluoride (PVDF), polypropylene and polyethylene, silicon, others. The polyvinyl chloride (PVC) segment held 29.1% share of Europe medical tubing market in 2022, amassing US$ 955.71 million. It is projected to garner US$ 1,368.35 million by 2028 to expand at 6.2% CAGR during 2022–2028.
Based on structure, the Europe medical tubing market is segmented into single-lumen, multi-lumen, multi-layer extruded tubing, tapered or bump tubing, braided tubing, balloon tubing, corrugated tubing, heat shrink tubing, and others. The multi-layer extruded tubing segment held 19.3% share of Europe medical tubing market in 2022, amassing US$ 633.78 million. It is projected to garner US$ 905.52 million by 2028 to expand at 6.1% CAGR during 2022–2028.
Based on application, the Europe medical tubing market is segmented into bulk disposable tubing, catheter & cannula, drug delivery system, and others. The bulk disposable tubing segment held 35.5% share of Europe medical tubing market in 2022, amassing US$ 1,167.25 million. It is projected to garner US$ 1,702.68 million by 2028 to expand at 6.5% CAGR during 2022–2028.
Based on end user, the Europe medical tubing market is segmented into hospitals and clinics, ambulatory care centres, medical device companies, laboratories, and others. The hospitals and clinics segment held 60.2% share of Europe medical tubing market in 2022, amassing US$ 1,977.97 million. It is projected to garner US$ 2,845.19 million by 2028 to expand at 6.2% CAGR during 2022–2028.
Based on country, the Europe medical tubing market has been categorized into Germany, France, the UK, Italy, Spain, the Rest of Europe. Our regional analysis states that the Rest of Europe captured 30.1% share of Europe medical tubing market in 2022. It was assessed at US$ 988.05 million in 2022 and is likely to hit US$ 1,420.48 million by 2028, exhibiting a CAGR of 6.2% during the forecast period.
Key players dominating the Europe medical tubing market are Compagnie de Saint Gobain SA; Nordson Corp; Optinova AB; Spectrum Plastics Group Inc; TE Connectivity Ltd; and Trelleborg AB are, among others.
- In June 2020; Nordson Corporation acquired Fluortek, Inc., an Easton, Pennsylvania-based precision plastic extrusion manufacturer that provides custom-dimensioned tubing to the medical device industry. The acquisition of Fluortek is expected to enhance the company's ability to deliver critical components. This offering further supports Nordson MEDICAL’s position as a leading full-service solution provider of component and device manufacturing capabilities for OEM’s across the interventional, minimally invasive, and surgical medical device landscape.
Contact Person: Sameer Joshi
Phone: +1- 646- 491- 9876
Email id: email@example.com