Global Sterile Tubing Welder Market

Global Sterile Tubing Welder Market Size, Share, Growth Analysis, By Application(Biopharmaceutical, Blood Processing), By End Use(Hospitals, Research Clinics) - Industry Forecast 2024-2031


Report ID: SQSG35A2044 | Region: Global | Published Date: April, 2024
Pages: 157 | Tables: 65 | Figures: 75

Global Sterile Tubing Welder Market Insights

Sterile Tubing Welder Market size was valued at USD 2.2 billion in 2019 and is poised to grow from USD 2.33 billion in 2023 to USD 3.87 billion by 2031, growing at a CAGR of 5.8% in the forecast period (2024-2031).

Sterile tubing welders were created in order to aseptically connect two lengths of compatible thermoplastic tubing. Two ends of tubing from a similar module are firmly inserted into the tube clamp assembly as part of the welding setup. Sterile tubing welders produce a quick and secure connection regardless of whether dry tubing or wet tubing is being connected, maintaining a functionally closed system.

The rising number of blood transfusions and donations daily are supporting the market growth. According to recent studies by WHO, there happens, blood donations total about 118.54 million worldwide every year. 16% of the world's population lives in high-income countries, where 40 percent of these are collected. A total of 106 million donations were reportedly collected by around 13 300 blood centers throughout 169 nations. Additionally, it is predicted that increased demand for innovative medical equipment and rising healthcare costs would both contribute to the market's expansion in the upcoming years.

Sterile tube welders can be used in biotechnology applications when larger bore tubing is involved. It is possible to install a pre-sanitized filter into a closed system when using sterile tubing welders for the biopharmaceutical manufacturing of bulk drug substances, which is expected to drive the market for sterile tubing welders in the years to come. The main factor driving the sterile tubing welder market may be the fact that these devices are made to comply with current regulations and standards in order to maintain the shelf life of blood products. Sterile connections to cell cultures and fermenters can be made in laboratories with the aid of sterile tubing welders, and the triggered use is projected to advance the sterile tubing welder market.

US Sterile Tubing Welder Market is poised to grow at a sustainable CAGR for the next forecast year.

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Sterile Tubing Welder Market size was valued at USD 2.2 billion in 2019 and is poised to grow from USD 2.33 billion in 2023 to USD 3.87 billion by 2031, growing at a CAGR of 5.8% in the forecast period (2024-2031).

Global sterile tubing welder market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Bioengineering AG', 'Genesis BPS', 'Wuxi Jiaxinda Electronic Technology Co., Ltd.', 'Hangzhou TC Medical Equipment Co., Ltd.', 'Sunbelt Technology', 'PennTech Machinery Corporation', 'GDM Electronics', 'Stapla Ultrasonics Corporation', 'Vante Biopharm', 'Hunan Kecheng Instrument and Equipment Co., Ltd.', 'Ablaze Polymer & Life Science', 'Biopharm Engineering', 'AMT Pte Ltd.', 'Bochang Tech', 'MGA Engineering Co., Ltd.', 'Ningenius Co., Ltd.', 'Suneast Technology (Shenzhen) Co., Ltd.', 'Vesta Instruments LLC', 'ASETON S.R.L.', 'Lathum Industrial Partners B.V.'

Rising global blood donations and transfusions to facilitate the growth of market. Many patients do not have quick access to safe blood transfusions, despite the fact that they can save lives and enhance health. The provision of safe, adequate blood must be a part of every country's national health care policy and architecture. The World Health Organization advises that national blood supply networks be properly structured and integrated in order to coordinate all activities related to blood collection, screening, processing, storage, and distribution. The management of the national blood system should be overseen by a national blood policy and legislative framework in order to promote uniform application of standards and stability in the safety and quality of blood and blood products. 118.54 million people donate blood around the world.

The high demand for personalized medicines, rising prevalence of blood disorders, rising demand for blood and blood products, and rising cell and gene therapy are all factors that are expected to contribute to sterile tubing welder's healthy growth in the future. In 2018, approximately 210,454 people were diagnosed with hemophilia, according to the World Federation of Hemophilia, which increased demand for sterile tubing welders.

North America dominated the global market in 2021. The market in this region is expanding as a result of a number of factors, including an increase in the prevalence of chronic diseases, recent technological developments, and a high demand for sterile and hygienic environments to prevent contamination. One of the main elements fuelling the market's expansion is the rising burden of chronic diseases in the United States. A total of 157 million people are thought to have at least one chronic condition, according to the National Health Council 2020 report. The market for sterile tubing welders will grow most rapidly in North America, followed by Europe, as a result of the region's increasing demand for sterile environments to prevent contamination.

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Global Sterile Tubing Welder Market

Product ID: SQSG35A2044

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