North America Biopharmaceutical Tubing Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Plastic, Metal, and Silicone) and Application (Pharmaceutical, Medical Devices, Research and Development, and Others)
Market Introduction
Biopharmaceutical tubing is produced by the extrusion process and is extensively used in drug delivery systems, feeding tubes, and peristaltic pumps. These offer exceptional thermal, mechanical, and chemical properties used in a wide range of minimally critical invasive applications, including stent delivery systems, cardiovascular catheters, and urological retrieval devices. Moreover, these are also used with anesthesiology and respiratory equipment, IVs, and biopharmaceutical laboratory equipment.
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Market Overview and Dynamics
The North America biopharmaceutical tubing market is expected to reach US$ 3,090.82 million by 2028 from US$ 1,803.70 million in 2021; it is estimated to grow at a CAGR of 8.0% from 2021 to 2028. The growth of the market is attributed to some key driving factors such as increasing elderly population in world, and rising demand for minimally invasive procedures. However, stringent regulatory framework by government for biopharmaceutical applications is expected to restrict the market growth during the forecast period.
Increase in life expectancy is leading to rise in geriatric population in the world. This rise in elderly population has led to an increase in the geriatric ailments, thus generating a greater demand for diagnostic equipment and drug delivery systems. It is also increasing the incidence of urological conditions that require catheterization. Medical professionals are also encouraging self-catheterization to reduce the cost and period of hospitalization as well as to avert the risk of healthcare-associated infections (HAI). Aging is also a main factor that contributes to the increase in chronic diseases that might lead to the need for interventions that require admission to ICUs. Thus, rapid growth in the geriatric population is directly proportional to the rising demand for medical devices that incorporate tubing, drug delivery, dialysis and cardiac bypass, peristaltic pump, and sterile filling and dispensing systems, thereby driving the adoption of biopharmaceutical tubing systems. Also, popularity of minimally invasive surgical procedures has increased in the recent years owing to the benefits such as tiny incisions, faster recovery of patients, and less discomfort caused to the patients. The growing prevalence of arthritis, cancer, and cardiovascular diseases, all of which require extensive surgical treatments, has boosted the demand for minimally invasive procedures. As a result, there is an enormous demand for catheters and biopharmaceutical tubing, among other components. Further, biopharmaceutical tubing systems are reasonably priced and aid in time-saving procedures. For example, employing catheter tubing for cardiac and urine catheterization significantly lowers the time required for the medical or surgical operation. Therefore, the growing demand for minimally invasive medical procedures and focus on increasing the efficiency of these procedures play an important role in propelling the demand for biopharmaceutical tubing.
The North American region is highly affected due to the outbreak of the COVID-19 pandemic. The market players in North America are taking initiatives to combat the pandemic. For instance, Saint-Gobain Life Sciences, a US-based biopharmaceutical tubing company, identified the products that can fight against COVID-19 and have given them a priority. The company placed priority on delivering orders for COVID-19 products, including single-use assemblies for the development of new vaccines and therapies as well as components for life-saving medical devices, such as ventilators and infusion pumps; thus, there is rising demand for medical devices that incorporate tubing. Therefore, the growing demand for medical devices that incorporate tubing in North America is likely to boost the growth of the biopharmaceutical tubing market.
Key Market Segments
Based on type, the North America biopharmaceutical tubing market is segmented into plastic, metal, and silicone. The silicone segment held the largest share of the market in 2021 and is anticipated to register the highest CAGR in the market during the forecast period.
Based on application, the North America biopharmaceutical tubing market is segmented into pharmaceutical, medical devices, research and development, and others. The pharmaceutical segment held the largest share of the market in 2021 and is anticipated to register the highest CAGR in the market during the forecast period.
Major Sources and Companies Listed
A few of the primary and secondary sources associated with this report on the North America biopharmaceutical tubing market are the Centers for Disease Control and Prevention (CDC), Organization for Economic Co-operation and Development (OECD), and Food and Drug Administration (FDA).
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NORTH AMERICA BIOPHARMACEUTICAL TUBING MARKET SEGMENTATION
By Type
- Silicone
- Plastic
- Metal
By Application
- Pharmaceutical
- Medical Devices
- Research and Development
- Others
By Country
- US
- Canada
- Mexico
Company Profiles
- W. L. Gore and Associates, Inc.
- Saint-Gobain Sekurit
- Freudenberg Group
- RAUMEDIC AG
- TEKNI-PLEX
- NewAge Industries, Inc
- Optinova
- Zeus Industrial Products, Inc.
- NORDSON CORPORATION
- DuPont de Nemours, Inc.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Biopharmaceutical Tubing Market – By Type
1.3.2 North America Biopharmaceutical Tubing Market – By Application
1.3.3 North America Biopharmaceutical Tubing market – By Country
2. Biopharmaceutical Tubing Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Biopharmaceutical Tubing Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America – PEST Analysis
4.3 Expert Opinions
5. Biopharmaceutical Tubing Market – Key Market Dynamics
5.1 Drivers
5.1.1 Increasing Elderly Population in World
5.1.2 Rising Demand for Minimally Invasive Procedures
5.2 Market Restraints
5.2.1 Stringent Regulatory Framework
5.3 Future Trends
5.3.1 Use of Platinum-Cured Silicone as Material of Choice for Biopharmaceutical Tubing
5.4 Impact Analysis
6. Biopharmaceutical Tubing Market – North America Analysis
6.1 North America Biopharmaceutical Tubing Market Revenue Forecast and Analysis
7. Biopharmaceutical Tubing Market Analysis – By Type
7.1 Overview
7.2 Biopharmaceutical Tubing Market Revenue Share, by Type (2021 and 2028)
7.3 Plastic
7.3.1 Overview
7.3.2 Plastic: Biopharmaceutical Tubing Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Metal
7.4.1 Overview
7.4.2 Metal: Biopharmaceutical Tubing Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Silicone
7.5.1 Overview
7.5.2 Silicone: Biopharmaceutical Tubing Market – Revenue and Forecast to 2028 (US$ Million)
8. Biopharmaceutical Tubing Market Analysis – By Application
8.1 Overview
8.2 Biopharmaceutical Tubing Market Revenue Share, by Application (2021 and 2028)
8.3 Pharmaceutical
8.3.1 Overview
8.3.2 Pharmaceutical: Biopharmaceutical Tubing Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Medical Devices
8.4.1 Overview
8.4.2 Medical Devices: Biopharmaceutical Tubing Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Research and Development
8.5.1 Overview
8.5.2 Research and Development: Biopharmaceutical Tubing Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Biopharmaceutical Tubing Market – Revenue and Forecast to 2028 (US$ Million)
9. Biopharmaceutical Tubing Market – North America Analysis
9.1 North America: Biopharmaceutical Tubing Market
9.1.1 Overview
9.1.2 North America: Biopharmaceutical Tubing Market, by Country, 2021 & 2028 (%)
9.1.2.1 US: Biopharmaceutical Tubing Market – Revenue and Forecast to 2028 (USD Million)
9.1.2.1.1 US: Biopharmaceutical Tubing Market – Revenue and Forecast to 2028 (USD Million)
9.1.2.1.2 US: Biopharmaceutical Tubing Market, by Type, 2019–2028 (USD Million)
9.1.2.1.3 US: Biopharmaceutical Tubing Market, by Application, 2019–2028 (USD Million)
9.1.2.2 Canada: Biopharmaceutical Tubing Market – Revenue and Forecast to 2028 (USD Million)
9.1.2.2.1 Canada: Biopharmaceutical Tubing Market – Revenue and Forecast to 2028 (USD Million)
9.1.2.2.2 Canada: Biopharmaceutical Tubing Market, by Type, 2019–2028 (USD Million)
9.1.2.2.3 Canada: Biopharmaceutical Tubing Market, by Application, 2019–2028 (USD Million)
9.1.2.3 Mexico: Biopharmaceutical Tubing Market – Revenue and Forecast to 2028 (USD Million)
9.1.2.3.1 Mexico: Biopharmaceutical Tubing Market – Revenue and Forecast to 2028 (USD Million)
9.1.2.3.2 Mexico Biopharmaceutical Tubing Market, by Type – Revenue and Forecast to 2028 (USD Million)
9.1.2.3.3 Mexico Biopharmaceutical Tubing Market, by Application – Revenue and Forecast to 2028 (USD Million)
10. Impact of COVID-19 Pandemic on North America Biopharmaceutical Tubing Market
10.1 North America: Impact Assessment of COVID-19 Pandemic
11. Biopharmaceutical Tubing Market – Industry Landscape
11.1 Overview
11.2 Organic Developments
11.2.1 Overview
11.3 Inorganic Developments
11.3.1 Overview
12. Company Profiles
12.1 W. L. Gore and Associates, Inc.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Saint-Gobain Sekurit
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Freudenberg Group
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 RAUMEDIC AG
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 TEKNI-PLEX
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 NewAge Industries, Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Optinova
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Zeus Industrial Products, Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 NORDSON CORPORATION
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 DuPont de Nemours, Inc.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. US Biopharmaceutical Tubing Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 2. US Biopharmaceutical Tubing Market, by Application– Revenue and Forecast to 2028 (USD Million)
Table 3. Canada Biopharmaceutical Tubing Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 4. Canada Biopharmaceutical Tubing Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 5. Mexico Biopharmaceutical Tubing Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 6. Mexico Biopharmaceutical Tubing Market, by Application– Revenue and Forecast to 2028 (USD Million)
Table 7. Organic Developments Done by Companies
Table 8. Inorganic Developments Done by Companies
Table 9. Glossary of Terms, Biopharmaceutical Tubing Market
LIST OF FIGURES
Figure 1. Biopharmaceutical Tubing Market Segmentation
Figure 2. Biopharmaceutical Tubing Market Segmentation, By Country
Figure 3. Biopharmaceutical Tubing Market Overview
Figure 4. Silicone Segment Held Largest Share of Biopharmaceutical Tubing Market
Figure 5. North America Biopharmaceutical Tubing Market – Leading Country Markets (US$ Million)
Figure 6. North America PEST Analysis
Figure 7. North America Biopharmaceutical Tubing Market – Revenue Forecast and Analysis – 2020- 2028
Figure 8. Biopharmaceutical Tubing Market Revenue Share, by Type (2021 and 2028)
Figure 9. Plastic: Biopharmaceutical Tubing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10. Metal: Biopharmaceutical Tubing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Silicone: Biopharmaceutical Tubing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Biopharmaceutical Tubing Market Revenue Share, by Application (2021 and 2028)
Figure 13. Pharmaceutical: Biopharmaceutical Tubing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Medical Devices: Biopharmaceutical Tubing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Research and Development: Biopharmaceutical Tubing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Others: Biopharmaceutical Tubing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America: Biopharmaceutical Tubing Market, by Key Country – Revenue (2021) (USD Million)
Figure 18. North America: Biopharmaceutical Tubing Market, by Country, 2021 & 2028 (%)
Figure 19. US: Biopharmaceutical Tubing Market – Revenue and Forecast to 2028 (USD Million)
Figure 20. Canada: Biopharmaceutical Tubing Market – Revenue and Forecast to 2028 (USD Million)
Figure 21. Mexico: Biopharmaceutical Tubing Market – Revenue and Forecast to 2028 (USD Million)
Figure 22. Impact of COVID-19 Pandemic on Biopharmaceutical Tubing Market in North American Countries
- W. L. Gore and Associates, Inc.
- Saint-Gobain Sekurit
- Freudenberg Group
- RAUMEDIC AG
- TEKNI-PLEX
- NewAge Industries, Inc
- Optinova
- Zeus Industrial Products, Inc.
- NORDSON CORPORATION
- DuPont de Nemours, Inc.
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