Global Surgical Tubing Market

Surgical Tubing Market Size, Share, Growth Analysis, By Structure(Braided Tubing, Single-lumen, Balloon Tubing, Multi-lumen), By Material(Polyvinyl Chloride, Thermoplastic Elastomer, Thermoplastic Polyurethane, Silicone), By End-user(Hospitals and Clinics, Ambulatory Surgical Centers, and Others), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35A2844 | Region: Global | Published Date: April, 2024
Pages: 196 |Tables: 94 |Figures: 75

Surgical Tubing Market Insights

Surgical Tubing Market size was valued at USD 10.14 Billion in 2022 and is poised to grow from USD 11 Billion in 2023 to USD 21.13 Billion by 2031, growing at a CAGR of 8.5% in the forecast period (2024-2031).

Global surgical tubing solutions sales are predicted to grow at a CAGR of 8.1% from 2024 to 2031. It is predicted that increasing funding by government bodies in healthcare and related areas and surgical instruments a greater importance in medical procedures will increase the surgical requirement tubing insertion. Surgical tubes are made of latex and are readily available in various shapes and sizes. Major developments in quality surgical vessels are predicted to enhance market growth opportunities. Furthermore, the increasing use of surgical blades in many medical or surgical fields is projected to fuel the market growth.

Growing aging population amid growing global healthcare infrastructure and increasing incidence of chronic diseases among people are major factors driving the global surgical tubing market especially government policies to improve healthcare in the developing countries. The rise in cases of hospital-acquired infections and the spread of these infections in the population raises the need for single-use or disposable healthcare devices that also act as a driving force for the surgical container market the value is greater. Growth towards less invasive medical procedures and increasing demand for surgical instruments including vessels from the healthcare sector, fueling the rapid growth of the market.

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

Market Snapshot - 2024-2031

Global Market Size

USD 10.14 Billion

Largest Segment

Silicone

Fastest Growth

Polyolefins

Growth Rate

8.5% CAGR

Global Surgical Tubing Market ($ Bn)
Country Share for Asia Pacific Region (%)

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Surgical Tubing Market Segmental Analysis

The surgical tubing market is segmented based on material, structure, application, and end-users. On the basis of structure, the global market is diversified into braided tubing, single-lumen, balloon tubing, multi-lumen and others. On the basis of material, the surgical tubing market is segmented into polyvinyl chloride, thermoplastic elastomer, thermoplastic polyurethane, polyolefins, silicone and others. On the basis of application, the surgical tubing market is segmented into orthopedic surgery, neurosurgery, trauma surgery and others. On the basis of end-user, the surgical tubing market is segmented into hospitals and clinics, ambulatory surgical centers and others. The study provides market insights into North America, Europe, Asia-Pacific, Latin America, The Middle East and Africa.

Surgical Tubing Market Analysis by Material

Silicon based scientific tubing is a dominant phase due to its top-notch biocompatibility, flexibility, and resistance to excessive temperatures. It's broadly utilized in medical applications like catheters and IV strains, supplying superb performance and safety, making it a preferred preference for essential medical processes.

Polyolefins, inclusive of materials like polyethylene and polypropylene, are experiencing speedy growth in the medical tubing marketplace. Their affordability, durability, and ease of processing make them ideal for disposable medical tubing, single-use devices, and fluid transfer packages, using their adoption and marketplace expansion.

Surgical Tubing Market Analysis by End-User

Hospitals and clinics are the largest category in the global market. Hospitals and clinics are often the primary sites where individuals are diagnosed and treated. Increasing awareness of new materials and widespread use of surgical instruments are projected to fuel the growth of this segment during the forecast period.

Ambulatory surgery centers (ASCs) provide outpatient services to patients who do not require an overnight stay after surgery in 2021, approximately 3.4 million practices in 5,532 ASCs are certified to provide services to Medicare beneficiaries. Service (FFS) Medicare programs and beneficiary spending on ASC services that treated Medicare beneficiaries was approximately $4.3 billion that same year. From 2020 to 2022, the number of ASCs increased by 3.4% to 6,652. The annual growth from 2019 to 2021 is similar but slower than the previous period. In 2022, the number of new ASCs increased by 240, while 63 ASCs closed or merged with other facilities.

Global Surgical Tubing Market By Material (%), 2022 (%)

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Surgical Tubing Market Regional Insights

Asia Pacific will dominate the global market because of driving factors such as advanced medical infrastructure, large target population with high unmet needs, less congested channels a conversion, increased patient awareness, development of new, cost-effective medical container solutions and increased transaction costs. The demand for surgical blades is expected to witness rapid growth in emerging economies such as Japan, China, Brazil, India, Indonesia and South Korea during the forecast period.

According to the geographical analysis, the North America region is expected to contribute a significant market share to the global surgical tubing market. This is due to the large elderly population and advanced healthcare facilities in the area. Also, rising in patient pools with serious health conditions and severe injuries that require outside help to survive. Apart from this, other factors such as streamlined medical procedures and reimbursement policies are likely to contribute to the growth of the global surgical tubing market.

Global Surgical Tubing Market By Geography, 2024-2031
  • Largest
  • Fastest

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Surgical Tubing Market Dynamics

Surgical Tubing Market Drivers

Rise in Aging Population

  • The increasing aging population across the globe has increased the need for piped medical devices, driving the market significantly. In addition, the increasing prevalence of cardiovascular diseases, cancers, rheumatoid arthritis and other diseases requiring complex surgical procedures has increased the demand for minimally invasive treatments. This has led to nylon, plastic polymers, silicone, etc. being widely used, ideal for catheters and medical tubes. Hose demand has increased. The presence of older people & improved health care, as well as relatively high patient spending are some of the most important drivers of the health care sector in the United States. The products are expected to include the demand for medical containers in applications such as catheters and drug dispensers.

Increasing Rate of Chronic Diseases

  • The increasing prevalence of chronic diseases such as cardiovascular diseases, respiratory diseases, diabetes mellitus and increasing number of elderly people contribute to the demand for surgery Dialysis surgery plays an important role in the management of these conditions and therapeutics, leading to market growth. For example, 3.81 million (95% CI: 2.17-5.42 million) deaths and 3.81 million (95% CI: 2.17-5.42 million) cardiovascular deaths were observed in 2021, according to JACC Journals all, according to JACC Journals, were found to have elevated LDL-C levels.

Surgical Tubing Market Restraints

Strict Regulatory Framework Preventing Market Expansion Blocking

  • Manufacturing processes, and the supply of surgical fluids, especially in the healthcare industry, are subject to some stringent regulatory standards and requirements. Furthermore, it is estimated that, subject to these established regulations, procedures delivering sterilization, safety standards and quality control will pose challenges for manufacturers.

Risk of Infection and Contamination

  • Despite the increasing emphasis on infection prevention, risks associated with infection and contamination with surgical needles include inadequate sterilization, manufacturing defects, and inadequate handling if it is thought to cause crime or infection. Growing patient safety concerns and stringent quality requirements are predicted to restrain the market growth.

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Surgical Tubing Market Competitive Landscape

The competitive environment of the Global Surgical Tubing Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor.

Surgical Tubing Market Top Player’s Company Profiles

  • Lubrizol Corporation (United States)
  • W. L. Gore & Associates, Inc. (United States)
  • Raumedic AG (Germany)
  • Trelleborg AB (Sweden)
  • Freudenberg Medical, LLC (United States)
  • Vention Medical, Inc. (United States)
  • Putnam Plastics Corporation (United States)
  • MDC Industries, Inc. (United States)
  • Teknor Apex Company (United States)
  • Scapa Group plc (United Kingdom)
  • Optinova Group (Finland)
  • Medtronic plc (Ireland)
  • Tekni-Plex Europe NV (Belgium)
  • Spectrum Plastics Group (United States)
  • GMMI S.p.A. (Italy)
  • MicroLumen, Inc. (United States)

Surgical Tubing Market Recent Developments

  • In August 2023, Johnson & Johnson announced a $2.5 billion investment in its manufacturing facilities to expand production of vaccines and other critical healthcare products.
  • In September 2023, Boston Scientific acquired Nuvaira, a medical technology company, for $275 million to continue developing low-cost treatments for respiratory infections.
  • In February 2022, the U.S. The Food and Drug Administration (FDA) indicated that DEHP (di-2-Ethylhexyl phthalate), used as a plasticizer (softener) in PVC, can leach into the blood and body fluids, causing health problems Rise again, intensive regulatory action and significant investment and time required for production.

Surgical Tubing Key Market Trends

  • Increasing Incidence of Chronic Diseases is Driving the Market: The increasing prevalence of chronic diseases such as cancer, rheumatoid arthritis and cardiovascular diseases requiring complex surgical procedures is expected to significantly increase the demand for surgical sutures, which is especially important during manufacture surgery. That is the key factor in increasing market growth. According to the National Health Service in England, the number of endoscopic procedures is estimated to increase from around 650,000 in 2011 to 900,000 by 2022. It is expected to be provided by a growing older population and people seeking a higher standard of living, opportunities for diversity and innovation.

Surgical Tubing Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research. Easy consumer access to healthcare products and increasing global demand for medical devices equipped with efficient containers are the factors expected to fuel the growth of the market during the forecast period. Continued innovation in drug delivery by medical device manufacturers has created a need for customizable medical tubes, which is expected to boost the demand for medical tubes.

Report Metric Details
Market size value in 2022 USD 10.14 Billion
Market size value in 2031 USD 21.13 Billion
Growth Rate 8.5%
Base year 2023
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Structure
    • Braided Tubing, Single-lumen, Balloon Tubing, Multi-lumen, and Others
  • Material
    • Polyvinyl Chloride, Thermoplastic Elastomer, Thermoplastic Polyurethane, Silicone, and Others
  • End-user
    • Hospitals and Clinics, Ambulatory Surgical Centers, and Others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Lubrizol Corporation (United States)
  • W. L. Gore & Associates, Inc. (United States)
  • Raumedic AG (Germany)
  • Trelleborg AB (Sweden)
  • Freudenberg Medical, LLC (United States)
  • Vention Medical, Inc. (United States)
  • Putnam Plastics Corporation (United States)
  • MDC Industries, Inc. (United States)
  • Teknor Apex Company (United States)
  • Scapa Group plc (United Kingdom)
  • Optinova Group (Finland)
  • Medtronic plc (Ireland)
  • Tekni-Plex Europe NV (Belgium)
  • Spectrum Plastics Group (United States)
  • GMMI S.p.A. (Italy)
  • MicroLumen, Inc. (United States)
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Surgical Tubing Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Surgical Tubing Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Surgical Tubing Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Surgical Tubing Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Surgical Tubing Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Surgical Tubing Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Surgical Tubing Market size was valued at USD 10.14 Billion in 2022 and is poised to grow from USD 11 Billion in 2023 to USD 21.13 Billion by 2031, growing at a CAGR of 8.5% in the forecast period (2024-2031).

The competitive environment of the Surgical Tubing Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. 'Zeus Industrial Products, Inc. (United States)', 'Teleflex Incorporated (United States)', 'Freudenberg Group (Germany)', 'Lubrizol Corporation (United States)', 'W. L. Gore & Associates, Inc. (United States)', 'Raumedic AG (Germany)', 'Trelleborg AB (Sweden)', 'Freudenberg Medical, LLC (United States)', 'Vention Medical, Inc. (United States)', 'Putnam Plastics Corporation (United States)', 'MDC Industries, Inc. (United States)', 'Teknor Apex Company (United States)', 'Scapa Group plc (United Kingdom)', 'Optinova Group (Finland)', 'Medtronic plc (Ireland)', 'Tekni-Plex Europe NV (Belgium)', 'Spectrum Plastics Group (United States)', 'GMMI S.p.A. (Italy)', 'MicroLumen, Inc. (United States)'

The increasing aging population across the globe has increased the need for piped medical devices, driving the market significantly. In addition, the increasing prevalence of cardiovascular diseases, cancers, rheumatoid arthritis and other diseases requiring complex surgical procedures has increased the demand for minimally invasive treatments. This has led to nylon, plastic polymers, silicone, etc. being widely used, ideal for catheters and medical tubes. Hose demand has increased. The presence of older people & improved health care, as well as relatively high patient spending are some of the most important drivers of the health care sector in the United States. The products are expected to include the demand for medical containers in applications such as catheters and drug dispensers.

Increasing Incidence of Chronic Diseases is Driving the Market: The increasing prevalence of chronic diseases such as cancer, rheumatoid arthritis and cardiovascular diseases requiring complex surgical procedures is expected to significantly increase the demand for surgical sutures, which is especially important during manufacture surgery. That is the key factor in increasing market growth. According to the National Health Service in England, the number of endoscopic procedures is estimated to increase from around 650,000 in 2011 to 900,000 by 2022. It is expected to be provided by a growing older population and people seeking a higher standard of living, opportunities for diversity and innovation.

Asia Pacific will dominate the market because of driving factors such as advanced medical infrastructure, large target population with high unmet needs, less congested channels a conversion, increased patient awareness, development of new, cost-effective medical container solutions and increased transaction costs. The demand for surgical blades is expected to witness rapid growth in emerging economies such as Japan, China, Brazil, India, Indonesia and South Korea during the forecast period.

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Global Surgical Tubing Market

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