Sterile Tube Welder Market Trend, Share, Growth, Size Analysis and Forecast 2030

Sterile Tube Welder Market

Sterile Tube Welder Market By Mode (Manual and Automatic), By Application (Biopharmaceutical, Blood Processing, Diagnostic Laboratories, and Others), By End Use (Hospitals, Research Clinics, Blood Centers, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028

Category: Medical Device Report Format : PDF Pages: 255 Report Code: ZMR-7037 Published Date: Aug-2022 Status : Published
Market Size in 2022 Market Forecast in 2030 CAGR (in %) Base Year
USD 2,038.40 million USD 2,624.18 million 4.30% 2022

Sterile Tube Welder Industry Perspective:

The global sterile tube welder market size was worth around USD 2,038.40 million in 2021 and is estimated to grow to about USD 2,624.18 million by 2028, with a compound annual growth rate (CAGR) of approximately 4.30% over the forecast period. The report analyzes the sterile tube welder market’s drivers, restraints/challenges, and their effect on the demands during the projection period. In addition, the report explores emerging opportunities in the sterile tube welder market.

Global Sterile Tube Welder Market SizeRequest Free Sample

Sterile Tube Welder Market: Overview

A sterile tube welder has been formulated to achieve aseptic coupling between two lengths of compatible thermoplastic tubing. In the welding arrangement, the two tube ends of the same module are securely placed in the pipe clamp assembly. Whether dry or wet pipe connections are being made, aseptic pipe welders provide a quick and secure connection, maintaining a functionally closed system. Since each strip is discarded after a single use, the possibility of cross-contamination is minimal. An ideal aseptic welder maintains a functionally secure system. Sealants can be used with blood center or blood bag type tube applications in blood banks. Welding machines are used in biotech applications involving larger diameter pipes. Samples are transferred or placed directly into a sterile tube, which must then be tightly closed and transported to the laboratory for testing. Clean tube welding equipment can only be used by trained persons in hospitals, clinics, and blood bank laboratories, which is the main limitation to the growth of the global sterile tube welder market.

Global Sterile Tube Welder MarketRequest Free Sample

COVID-19 Impact:

The COVID-19 pandemic has impacted the businesses of sterile tube welders. The COVID-19 pandemic spread throughout the world as strict lock-downs are implemented by governments and shut down companies. Thus, the movement of people is restricted during the covid-19 pandemic; the global sterile tube welder market is likely to be hindered considerably during the forecast period. Besides, these products' uncertain production and supply impacted the market growth during the pandemic.

Key Insights

  • Global sterile tube welder market is projected to grow at a CAGR of 4.30% from 2022 to 2028.
  • The global sterile tube welder market size was worth around USD 2,038.40 million in 2021 and is estimated to grow to about USD 2,624.18 million by 2028.
  • Factors such as the rapid growth of the industrial and commercial sector and the improvement of the GDP of developing economies will drive the development of the sterile tube welder market during the forecast period.
  • By mode, the automatic segment dominated with accounted significant market share in 2021.
  • By application, the blood processing segment accounted significant amount of market share in 2021.
  • In 2021, the North American region accounted largest revenue share of approximately 40%.

Sterile Tube Welder Market: Growth Drivers

The rising demand for personalized medicines aids the global market growth

The rising demand for personalized medicines is a crucial factor driving the escalating growth of the market. Further, the growing demand for blood & blood products, the rise in cell therapy and genetics, and the increasing prevalence of blood disorders are other main factors, among others, driving the global sterile tube welder market. Modernization and technological advancements will create more opportunities for the market during 2020-2028.

Sterile Tube Welder Market: Restraints

The presence of substitutes may hamper the global market growth

The fact of alternatives or substitute products is a significant factor, among others acting as limitations. It will further challenge the development of the sterile tube welder market during the forecast period.

Sterile Tube Welder Market: Opportunities

The advancement in sterile tube welders by institutes brings up several growth opportunities

Extensive ongoing biopharmaceutical research to develop innovative and therapeutically advanced drugs is expected to drive the global sterile tube welder market. For example, according to a report published by the Pharmaceutical Research and Manufacturers of America, nearly 8,000 drugs are in the development stage worldwide, and about 74% of these drugs are in planned development. Some of the significant treatment categories covered by these drugs under development are genetic disorders, amyotrophic lateral sclerosis, cancer, and hemophilia, thus enabling the market to grow. During the 2020 pandemic, the production of various products was halted; however, the pharmaceutical industry has taken the lead in expanding its capabilities.

Sterile Tube Welder Market: Segmentation

The global sterile tube welder market is segregated based on mode, application, end-user, and region.

By mode, the market is divided into manual and automatic. Among these, the automatic segment dominates the market, accounting for a significant percentage of global sales due to the ease to use and carry, which works effectively. This segment is expected to maintain its leadership position throughout the forecast period due to these welding machines' improved weld quality and user-friendliness. The automatic welder makes it possible to adjust the welding speed and time without requiring a highly skilled specialist. The equipment's higher welding speed exceeds that of a professional welder, thus reducing dependence on human labor. As a result, increased production and reduced labor costs are expected to increase demand for these devices.

By application, the market is categorized into biopharmaceutical, blood processing, diagnostic laboratories, and others. During the forecast period, the blood processing segment dominated the market in revenue generation due to the growing demand for blood, and blood products are believed to be the main driver for this segment. This is likely due to the high demand for personalized medicine, cell & gene therapies, and the high prevalence of blood disorders, such as hemophilia. For example, it is estimated that hemophilia affects nearly 1,125,000 men worldwide.

Recent Developments

  • May 2020 - Sartorius Stedim Biotech S.A. launched the new Incucyte SX5 live cell analysis system, designed for live cell experiments in immunology, oncology, or neuroscience.
  • August 2020 - Terumo BCT Inc. revamped the Terumo Blood and Cell Technologies brand to meet the potential demand for blood and cells amid the COVID-19 pandemic.

Sterile Tube Welder Market: Report Scope

Report Attributes Report Details
Report Name Sterile Tube Welder Market Research Report
Market Size in 2022 USD 2,038.40 Million
Market Forecast in 2030 USD 2,624.18 Million
Growth Rate CAGR of 4.3%
Number of Pages 255
Key Companies Covered Sartorius Stedim Biotech S.A., Terumo BCT Inc., GE Healthcare, MGA technologies, VANTE Biopharm, Genesis BPS, Biomen Biosystems Company Ltd., Flex Concepts Inc., and Shanghai Le Pure Biological Technology Co., Ltd.
Segments Covered By Mode, 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 2021
Historical Year 2016 to 2020
Forecast Year 2022 - 2028
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Regional Landscape

The increasing prevalence of chronic diseases helps North America dominate the global market

North America dominated the global market in 2021 and accounted for more than 40% of the worldwide revenue share in the same year. The increasing prevalence of chronic diseases, recent technological advancements, and the high demand for a hygienic & sterile environment to avoid contamination are some key factors contributing to the market growth in the region. The growing burden of chronic diseases in the United States is one of the key factors driving the development of the market. According to a 2020 report from the National Health Assembly, an estimated 157 million people have at least one chronic disease. It is also estimated that 7 out of 10 deaths are due to a chronic illness, with kidney failure being one of the leading causes in the United States.

Competitive Landscape

Some of the main competitors dominating the global sterile tube welder market include –

  • Sartorius Stedim Biotech S.A.
  • Terumo BCT Inc.
  • GE Healthcare
  • MGA technologies
  • VANTE Biopharm
  • Genesis BPS
  • Biomen Biosystems Company Ltd.
  • Flex Concepts Inc.
  • and Shanghai Le Pure Biological Technology Co.Ltd.

Global sterile tube welder market is segmented as follows:

By Mode

  • Manual
  • Automatic

By Application

By End-Use

  • Hospitals
  • Research Clinics
  • Blood Centers
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Rising demand for personalized medicines is a crucial factor driving the escalating growth of the market; the growing demand for blood and blood products, the rise in cell therapy and genetics, and the increasing prevalence of blood disorders are the main factors, among others, driving the Sterile Tube Sealant Market. Modernization and technological advancements will create more opportunities for the sterile pipe welding machine market during 2020-2028.

According to the Zion Market Research report, the global sterile tube welder market was worth about 2,038.40 (USD million) in 2021 and is predicted to grow to around 2,624.18 (USD Million) by 2028, with a compound annual growth rate (CAGR) of about 4.30 percent.

North America dominated the global market in 2021 and accounted for more than 40% of the worldwide revenue share in the same year. The increasing prevalence of chronic diseases, recent technological advancements, and the high demand for a hygienic and sterile environment to avoid contamination are some key factors contributing to the market growth in the region. The growing burden of chronic diseases in the United States is one of the key factors driving the development of the market.

Some of the main competitors dominating the global sterile tube welder market include - Sartorius Stedim Biotech S.A., Terumo BCT Inc., GE Healthcare, MGA technologies, VANTE Biopharm, Genesis BPS, Biomen Biosystems Company Ltd., Flex Concepts Inc., and Shanghai Le Pure Biological Technology Co., Ltd.

Choose License Type

  • zion payment modes

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008

Contact #

US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

twitter

Industry Press Release

We Accept

We have secured system to process your transaction.

  • payment methods

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed