
Europe Medical Tubing Market
No. of Pages: 172 | Report Code: BMIRE00028029 | Category: Life Sciences
No. of Pages: 172 | Report Code: BMIRE00028029 | Category: Life Sciences
Rise in Number of Minimally Invasive Surgical Procedures Bolsters Europe Medical Tubing Market Growth
Minimally invasive surgeries cause less damage to the body, resulting in less pain, shorter hospital stays, and fewer complications. These surgeries are performed using catheters, cannulas, and other equipment installed with medical tubing. Laparoscopy is a minimally invasive surgical procedure that enables a surgeon to access the inside of the abdomen and pelvis without making large incisions on the skin. According to the National Health Service (NHS), in the UK, ~250,000 women undergo a laparoscopic surgery for some gynaecological condition every year. Thus, an increase in the number of minimally invasive surgeries performed every year propels the demand for medical tubes, thereby bolstering the growth of the Europe medical tubing market.
Europe Medical Tubing Market Overview
The Europe medical tubing market is segmented into the UK, Germany, France, Italy, Spain, and the Rest of Europe. Europe occupies a significant position in the Europe medical tubing market and is expected to record significant growth rate during the forecast period. The growth of the market is attributed to the growing medical device industry; increasing geriatric population; rising prevalence of chronic diseases; surging prevalence of neurologic disorders, such as stroke, cerebral aneurysms, and others; and the product innovations made by the players operating in the region.
Strategic insights for the Europe Medical Tubing provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Europe Medical Tubing refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Europe Medical Tubing Strategic Insights
Europe Medical Tubing Report Scope
Report Attribute
Details
Market size in 2022
US$ 3,284.87 Million
Market Size by 2028
US$ 4,755.09 Million
Global CAGR (2022 - 2028)
6.4%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Material
By Structure
By Application
By End User
Regions and Countries Covered
Europe
Market leaders and key company profiles
Europe Medical Tubing Regional Insights
Europe Medical Tubing Market Segmentation
The Europe medical tubing market is segmented into material, structure, application, end user, and country.
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, and others. The polyvinyl chloride (PVC) segment held the largest market share in 2022.
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 single-lumen segment held the larger market share in 2022.
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 the largest market share in 2022.
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 the largest market share in 2022.
Based on country, the Europe medical tubing market is segmented into Germany, France, the UK, Italy, Spain, the Rest of Europe. The Rest of Europe dominated the market share in 2022.
Compagnie de Saint Gobain SA; Nordson Corp; Optinova AB; Spectrum Plastics Group Inc; TE Connectivity Ltd; and Trelleborg AB are the leading companies operating in the Europe medical tubing market.
The Europe Medical Tubing Market is valued at US$ 3,284.87 Million in 2022, it is projected to reach US$ 4,755.09 Million by 2028.
As per our report Europe Medical Tubing Market, the market size is valued at US$ 3,284.87 Million in 2022, projecting it to reach US$ 4,755.09 Million by 2028. This translates to a CAGR of approximately 6.4% during the forecast period.
The Europe Medical Tubing Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Medical Tubing Market report:
The Europe Medical Tubing Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Medical Tubing Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Medical Tubing Market value chain can benefit from the information contained in a comprehensive market report.