Global Medical Thermoplastic Elastomer (TPE) Tubing Market Growth 2025-2031

The global Medical Thermoplastic Elastomer (TPE) Tubing market size is predicted to grow from US$ 1326 million in 2025 to US$ 1905 million in 2031; it is expected to grow at a CAGR of 6.2% from 2025 to 2031.

Pipe fittings made of thermoplastic elastomers

According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.

LP Information, Inc. (LPI) ' newest research report, the “Medical Thermoplastic Elastomer (TPE) Tubing Industry Forecast” looks at past sales and reviews total world Medical Thermoplastic Elastomer (TPE) Tubing sales in 2024, providing a comprehensive analysis by region and market sector of projected Medical Thermoplastic Elastomer (TPE) Tubing sales for 2025 through 2031. With Medical Thermoplastic Elastomer (TPE) Tubing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Medical Thermoplastic Elastomer (TPE) Tubing industry.

This Insight Report provides a comprehensive analysis of the global Medical Thermoplastic Elastomer (TPE) Tubing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Medical Thermoplastic Elastomer (TPE) Tubing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Medical Thermoplastic Elastomer (TPE) Tubing market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medical Thermoplastic Elastomer (TPE) Tubing and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Medical Thermoplastic Elastomer (TPE) Tubing.

This report presents a comprehensive overview, market shares, and growth opportunities of Medical Thermoplastic Elastomer (TPE) Tubing market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

Translucent Tube

Opaque Tube

Segmentation by Application:

Medical

Biological Process

Other

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

Liquidyne

Avantor Fluid Handling

Ace Sanitary

SaniSure

Sartorius

Watson-Marlow

AdvantaPure (NewAge Industries)

WHK BioSystems (TSE Industries)

Merck KGaA

Eldon James

GMPTEC

ESI Technologies

Purity One

Saint-Gobain Life Sciences

Kent Elastomer Products

PBS Plastics

AP Technologies

Key Questions Addressed in this Report

What is the 10-year outlook for the global Medical Thermoplastic Elastomer (TPE) Tubing market?

What factors are driving Medical Thermoplastic Elastomer (TPE) Tubing market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Medical Thermoplastic Elastomer (TPE) Tubing market opportunities vary by end market size?

How does Medical Thermoplastic Elastomer (TPE) Tubing break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.