Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2200 Million | USD 4200 Million | 8.0% | 2022 |
The global surgical tubing market size was worth around USD 2200 million in 2022 and is predicted to grow to around USD 4200 million by 2030 with a compound annual growth rate (CAGR) of roughly 8.0% between 2023 and 2030.
The report analyzes the global surgical tubing market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the surgical tubing industry.
Surgical tubing refers to a type of flexible tubing that is commonly used in medical and surgical procedures. It is typically made of natural rubber or synthetic materials such as silicone or latex. Surgical tubing is designed to be sterile and biocompatible, meaning it does not cause adverse reactions when it comes into contact with biological tissues or fluids. In surgical settings, surgical tubing is commonly utilized for tasks such as connecting medical devices or instruments, delivering fluids or medications, draining bodily fluids or gases, and creating airtight seals. It is frequently employed in procedures like intravenous therapy, urinary catheterization, wound drainage, and respiratory support. The global surgical tubing market is driven by several factors including increasing product launches, a growing pool of orthopedic patients, rising investment in R&D, and growing government initiatives.
The rising prevalence of chronic disease coupled with a growing aging population drives the market growth
The increasing prevalence of chronic diseases, such as cardiovascular disorders, respiratory diseases, and diabetes, coupled with a growing aging population, contributes to the demand for surgical procedures. Surgical tubing plays a crucial role in the management and treatment of these conditions, driving the market growth. For instance, according to the JACC Journals, LDL-C levels were found to be increased in 3.81 million (95% CI: 2.17-5.42 million) deaths overall and 3.81 million (95% CI: 2.17-5.42 million) cardiovascular deaths in 2021. All-cause DALYs resulting from high LDL-C in 2021 were 1,090 per 100,000 (95% CI: 685-1,460 per 100,000). Moreover, according to the World Health Organization, one in six individuals on the globe will be 60 or older by 2030. By this point, there will be 1.4 billion people over the age of 60, up from 1 billion in 2020. The number of individuals in the world who are 60 or older will double (to 2.1 billion) by 2050. Between 2020 and 2050, the number of people 80 or older is projected to be high, reaching 426 million. Thus, the aforementioned facts support the surgical tubing market growth during the forecast period.
Stringent regulatory requirements impede the market growth
The manufacturing and distribution of surgical tubing are subject to stringent regulatory requirements and standards, particularly in the healthcare industry. Compliance with these regulations, such as quality control, sterilization processes, and safety standards, can pose challenges for manufacturers and may increase production costs, thereby impacting the surgical tubing industry.
Advancement in healthcare technology offers a significant opportunity
The continuous advancements in healthcare technology, including minimally invasive surgical techniques and robotic-assisted surgeries, require specialized surgical tubing. These technologies often demand high-performance tubing that offers superior flexibility, biocompatibility, and durability. For instance, in March 2022, Teknor Apex (TPEs) introduced a brand-new line of thermoplastic elastomers named Monprene RX CP-15100. The post-consumer recycled material (PCR) used in its construction has a recycled content ratio of 25 to 35. The material minimizes dependency on energy and materials obtained from fossil fuels and promotes a circular economy. This series is available in standard grades ranging from 55 to 80 Shore A and may be customized to the demands of the consumer. Products are produced in Singapore, the US, and Germany by ISO 9001 and ISO 14001 standards. Thus, this kind of innovation will provide a significant opportunity for the surgical tubing market growth during the analysis period.
The risk of Contamination and Infection poses a major challenge
Despite the emphasis on infection control, there is still a risk of contamination and infection associated with surgical tubing. Improper handling, inadequate sterilization, or manufacturing defects can lead to infections or adverse events. Concerns regarding patient safety and the need for stringent quality control measures can restrain market growth.
The global surgical tubing industry is segmented based on material, structure, application, end user, and region.
Based on the material, the global market is bifurcated into polyvinyl chloride, thermoplastic elastomer, thermoplastic polyurethane, silicone, and others. The polyvinyl chloride segment is expected to dominate the market during the forecast period. PVC surgical tubing finds extensive use in various medical procedures and applications. It is commonly employed in intravenous therapy, blood transfusions, infusion pumps, catheterization, respiratory support, drainage systems, and other fluid transfer applications. The flexibility of PVC tubing allows it to be easily manipulated and connected to medical devices. On the other hand, the silicone segment is expected to grow significantly over the forecast period. Silicone tubing is known for its excellent biocompatibility, making it suitable for long-term implantation or contact with bodily tissues and fluids. It does not cause adverse reactions, allergies, or tissue irritation, minimizing the risk of complications and enhancing patient safety. Thereby, driving the segment growth over the forecast period.
Based on the structure, the global surgical tubing industry is divided into single-lumen, multi-lumen, braided tubing, and others.
Based on the application, the global surgical tubing industry is bifurcated into orthopedic surgery, neurosurgery, trauma surgery, and others. The orthopedic surgery segment is expected to capture the largest market share over the forecast period. Orthopedic surgery includes joint replacement surgeries, fracture fixation, arthroscopy, and spine surgeries. The tubing must exhibit excellent biocompatibility, sterility, and may require customization to meet the specific needs of orthopedic procedures. Thus, this is expected to propel segment growth.
Based on the end user, the market is segmented into hospitals and clinics, ambulatory surgical centers, and others.
Report Attributes | Report Details |
---|---|
Report Name | Surgical Tubing Market Research Report |
Market Size in 2022 | USD 2200 Million |
Market Forecast in 2030 | USD 4200 Million |
Growth Rate | CAGR of 8.0% |
Number of Pages | 228 |
Key Companies Covered | Saint-Gobain Performance Plastics, Zeus Industrial Products Inc, Teleflex Incorporated, RAUMEDIC AG, W. L. Gore & Associates Inc., Tekni-Plex., Kent Elastomer Products, THE RUBBER COMPANY, Freudenberg, MicroLumen Inc., Gray Line Corporation Inc., Polyzen, AP Technologies Group Pte Ltd., A.P. Extrusion Incorporated, Cook Medical, B. Braun Melsungen AG, D&B Industrial Group, Medtronic, MDC, and Lvd Biotech among others. |
Segments Covered | By Material, By Structure, By Application, By End User, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2023 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America is expected to dominate the market during the forecast period
North America is expected to dominate the global surgical tubing market during the forecast period. The growth in the region is attributed to the rising prevalence of chronic diseases such as cardiovascular, diabetes, and others. For instance, according to CDC, Cardiovascular disease takes one life in the United States every 33 seconds. In the United States, heart disease took the lives of almost 695,000 persons in 2021, accounting for 1 in 5 fatalities. Moreover, the growing technological innovation and the presence of major market players such as Cook Medical, Teleflex Incorporated, and others are expected to fuel the growth of the market in the North American region.
The Asia Pacific is expected to grow at the highest CAGR over the forecast period owing to the developing healthcare infrastructure. Furthermore, the rising geriatric population coupled with the growing prevalence of chronic disease is expected to fuel the market expansion in the region. For instance, as per the figure given by the Asian Development Bank, in Asia and the Pacific, one in four persons will be older than 60 by 2050. Between 2010 and 2050, the number of senior people (those over 60) in the region will quadruple, growing to around 1.3 billion. Thus, the aforementioned statistics support the growth of the market in the Asia Pacific region.
The global surgical tubing market is dominated by players like:
By Material
By Structure
By Application
By End User
FrequentlyAsked Questions
Surgical tubing refers to a type of flexible tubing that is commonly used in medical and surgical procedures. It is typically made of natural rubber or synthetic materials such as silicone or latex. Surgical tubing is designed to be sterile and biocompatible, meaning it does not cause adverse reactions when it comes into contact with biological tissues or fluids.
The primary drivers driving the surgical tubing market are the growing incidence of chronic diseases among individuals and the increase in the elderly population throughout the world, which is raising the need for healthcare services. The surgical tubing market is impacted by government attempts, particularly in developing countries, to improve the healthcare infrastructure as well as increased financing and investment from both the public and private sectors.
According to the report, the global surgical tubing market size was worth around USD 2200 million in 2022 and is predicted to grow to around USD 4200 million by 2030.
The global surgical tubing market is expected to grow at a CAGR of 8.0% during the forecast period.
The global surgical tubing market growth is expected to be driven by North America. It is currently the world’s highest revenue-generating market owing to the well-developed healthcare infrastructure, advanced healthcare facilities, and increasing cases of chronic disorders.
The global surgical tubing market is dominated by players like Saint-Gobain Performance Plastics, Zeus Industrial Products, Inc, Teleflex Incorporated, RAUMEDIC AG, W. L. Gore & Associates, Inc., Tekni-Plex., Kent Elastomer Products, THE RUBBER COMPANY, Freudenberg, MicroLumen Inc., Gray Line Corporation, Inc., Polyzen, AP Technologies Group Pte Ltd., A.P. Extrusion Incorporated, Cook Medical, B. Braun Melsungen AG, D&B Industrial Group, Medtronic, MDC, and Lvd Biotech among others.
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