Medical Metal Tubing Market, By Material (Stainless Steel, Titanium and Nitinol (NiTi)), By Application (Dialysis or Intravenous Tubing, Catheters & Cannulas, Drug Delivery Systems, and Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Medical metal tubing is widely used in medical or pharmaceutical applications. It is made of stainless steel, titanium and Nitinol metal. Furthermore, medical metal tubing is used as bulk disposable tubing, in catheters & cannulas, for draining blood, in peristaltic pumps, and drug delivery systems among others. The global medical metal tubing market growth is driven by the expanding medical industry in developed and developing regions. The increasing spending on healthcare coupled with rising health awareness and growing geriatric population is driving the market growth. The demand for surgical implants is escalating owing to biocompatibility and lubricity of material used in the manufacturing of surgical implants. Increasing number of non-invasive treatment procedures is propelling the market growth in emerging economies such as India and China. Moreover, the increasing demand for technically advanced medical devices in various neurological and surgical applications is favoring demand for medical metal tubing. For instance, RAUMEDIC’S intracranial brain pressure catheter (IPC) made using single lumen tubing is embedded with a microchip which measures brain pressure and temperature & oxygen level.
Market Dynamics
Major players in the market are focused on research and development of technologically advanced tubes which is expected to drive the market growth during the forecast period. For instance, in December 2017, MicroGroup, a subsidiary of TE Connectivity, completed the installation of a new state-of-the-art Tridex Electro Chemical Grinder (ECG). This new technology provides additional grinding capabilities for high precision tight tolerance needles and tubes.
Key features of the study:
This report provides in-depth analysis of the global medical metal tubing market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global medical metal tubing market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
Key companies covered as a part of this study are AMETEK Inc., Sandvik AB, Teshima, Om Steel Tubes Ltd., Tech Tube, Inc., TE Connectivity, Bison Stainless Tube, LLC, K-Tube Technologies (Cook Group), Vita Needle Company, M&M International, Fuji Seiko, and Minitubes
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, type up-gradation, market expansion, and marketing tactics
The global medical metal tubing market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global medical metal tubing market.
Detailed Segmentation:
Global Medical Metal Tubing Market, By Material:
Stainless Steel
Titanium
Nitinol (NiTi)
Global Medical Metal Tubing Market, By Application:
Dialysis or Intravenous Tubing
Catheters & Cannulas
Drug Delivery Systems
Others
Global Medical Metal Tubing Market, By Region:
North America
By Material
Stainless Steel
Titanium
Nitinol (NiTi)
By Application
Dialysis or Intravenous Tubing
Catheters & Cannulas
Drug Delivery Systems
Others
By Country
U.S.
Canada
Latin America
By Material
Stainless Steel
Titanium
Nitinol (NiTi)
By Application
Dialysis or Intravenous Tubing
Catheters & Cannulas
Drug Delivery Systems
Others
By Country
Brazil
Mexico
Argentina
Rest of Latin America
Europe
By Material
Stainless Steel
Titanium
Nitinol (NiTi)
By Application
Dialysis or Intravenous Tubing
Catheters & Cannulas
Drug Delivery Systems
Others
By Country
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Material
Stainless Steel
Titanium
Nitinol (NiTi)
By Application
Dialysis or Intravenous Tubing
Catheters & Cannulas
Drug Delivery Systems
Others
By Country
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
By Material
Stainless Steel
Titanium
Nitinol (NiTi)
By Application
Dialysis or Intravenous Tubing
Catheters & Cannulas
Drug Delivery Systems
Others
By Country
GCC
Israel
Rest of Middle East
Africa
By Material
Stainless Steel
Titanium
Nitinol (NiTi)
By Application
Dialysis or Intravenous Tubing
Catheters & Cannulas
Drug Delivery Systems
Others
By Country
South Africa
Central Africa
North Africa
Company Profiles
AMETEK Inc.*
Company Overview
Material Portfolio
Financial Performance
Key Highlights
Market Strategies
Sandvik AB
Teshima
Om Steel Tubes Ltd.
Tech Tube, Inc.
TE Connectivity
Bison Stainless Tube, LLC
K-Tube Technologies (Cook Group)
Vita Needle Company
M&M International
Fuji Seiko
Minitubes
“*” marked represents similar segmentation in other categories in the respective section.
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