Global Medical Tubing Market Trends
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- Date Submitted: 09/17/2016 01:32 AM
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Bharat Book Bureau provides the report, on “Global Medical Tubing Market Trends”. https://www.bharatbook.com/medical-devices-market-research-reports-784047/medical-tubing-material-structure-application-global-trends-forecasts.html This market sizes estimated in this study have been validated through primary interviews conducted with various industry experts.
Bharatbook.com announces a report on “Global Medical Tubing Market Trends”. This Report major factors which are driving the use of medical tubing are the demand from applications.
Rapid growth of minimally invasive surgery and increasing aging population are expected to drive the market during forecast period
The medical tubing market is projected to witness a CAGR of 8.0% from 2016 to reach a market size of USD 5.85 billion by 2021. The growth of the market is attributed to the rapid growth of minimally invasive surgery. Another driving factor of growth is increasing aging population and growing concern about health issues, especially in the developing countries forcing the population to spend money on quality healthcare services.
Silicone expected to be the fastest-growing material for medical tubing during the forecast period
Silicone is the fastest-growing material market, registering the highest CAGR during the forecast period. The growth is attributed to its sterilization capability and the property of sustaining even under high temperatures, where normal plastics cannot sustain.
Medical tubing market in bulk disposable tubing application is projected to remain the largest segment during the forecast period
Bulk disposable tubing application segment use medical tubing on a large scale. The segment includes tubing used in blood bags, dialysis tubing, among many more. The demand for medical tubing is increasing because the governments of many countries are taking different initiatives to cut costs and improve the quality of their healthcare infrastructure. The major factors which are...
Bharatbook.com announces a report on “Global Medical Tubing Market Trends”. This Report major factors which are driving the use of medical tubing are the demand from applications.
Rapid growth of minimally invasive surgery and increasing aging population are expected to drive the market during forecast period
The medical tubing market is projected to witness a CAGR of 8.0% from 2016 to reach a market size of USD 5.85 billion by 2021. The growth of the market is attributed to the rapid growth of minimally invasive surgery. Another driving factor of growth is increasing aging population and growing concern about health issues, especially in the developing countries forcing the population to spend money on quality healthcare services.
Silicone expected to be the fastest-growing material for medical tubing during the forecast period
Silicone is the fastest-growing material market, registering the highest CAGR during the forecast period. The growth is attributed to its sterilization capability and the property of sustaining even under high temperatures, where normal plastics cannot sustain.
Medical tubing market in bulk disposable tubing application is projected to remain the largest segment during the forecast period
Bulk disposable tubing application segment use medical tubing on a large scale. The segment includes tubing used in blood bags, dialysis tubing, among many more. The demand for medical tubing is increasing because the governments of many countries are taking different initiatives to cut costs and improve the quality of their healthcare infrastructure. The major factors which are...