Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2200 Million | USD 4200 Million | 8.0% | 2022 |
FrequentlyAsked Questions
Surgical tubing refers to a type of flexible tubing that is commonly used in medical and surgical procedures. It is typically made of natural rubber or synthetic materials such as silicone or latex. Surgical tubing is designed to be sterile and biocompatible, meaning it does not cause adverse reactions when it comes into contact with biological tissues or fluids.
The primary drivers driving the surgical tubing market are the growing incidence of chronic diseases among individuals and the increase in the elderly population throughout the world, which is raising the need for healthcare services. The surgical tubing market is impacted by government attempts, particularly in developing countries, to improve the healthcare infrastructure as well as increased financing and investment from both the public and private sectors.
According to the report, the global surgical tubing market size was worth around USD 2200 million in 2022 and is predicted to grow to around USD 4200 million by 2030.
The global surgical tubing market is expected to grow at a CAGR of 8.0% during the forecast period.
The global surgical tubing market growth is expected to be driven by North America. It is currently the world’s highest revenue-generating market owing to the well-developed healthcare infrastructure, advanced healthcare facilities, and increasing cases of chronic disorders.
The global surgical tubing market is dominated by players like Saint-Gobain Performance Plastics, Zeus Industrial Products, Inc, Teleflex Incorporated, RAUMEDIC AG, W. L. Gore & Associates, Inc., Tekni-Plex., Kent Elastomer Products, THE RUBBER COMPANY, Freudenberg, MicroLumen Inc., Gray Line Corporation, Inc., Polyzen, AP Technologies Group Pte Ltd., A.P. Extrusion Incorporated, Cook Medical, B. Braun Melsungen AG, D&B Industrial Group, Medtronic, MDC, and Lvd Biotech among others.
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