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The rising geriatric population worldwide has increased the requirement for medical devices coupled with medical tubes, thereby increasing the market growth. According to the America’s Health Rankings, the number of people aged 65 and over in the US is nearly 58 million in 2022 accounting for about 17.3% of the nation's population. By 2040, that proportion is projected to grow to 22%. These aforementioned factors are expected to have a positive impact on the demand for medical tubing in applications such as catheters and drug delivery systems.
Single-lumen tubing is used in medical settings for specific applications such as, in basic intravenous (IV) therapy, drainage, or urological catheters. A single-lumen tube may be suitable for delivering fluids or medications directly into a patient's bloodstream. Two to 12 lumens are also designed into a single tube to provide multiple activities through a single access port. These lumens serve as fluid-transfer channels, inflation ports, guidewire access points, or even steering lumens. With recent advances in technology, a single-lumen within a multiple-lumen tube can now have a braid added to it. This enhancement adds a whole new level of sophistication to the tubing process.
Single-lumen tubing is essential in specialized medical procedures such as urinary catheters, oxygen delivery, and enteral feeding tubes. Additionally, it is a preferred choice for diagnostic tasks such as blood sampling and contrast media injection, as well as minimally invasive interventions such as endoscopy and angiography. Single-lumen tubing reduces complexity, enhances manageability, and lowers complications in medical systems. Its cost-effectiveness, compared to multi-lumen options, suits specific medical applications. Overall, the versatility and simplicity of single-lumen tubing advance medical technologies and enhance patient care.
Source: Intent Market Research Analysis
The increasing demand for silicones in medical applications is driven by their non-toxic nature to living tissues and a lower likelihood of causing allergic reactions. Moreover, silicone tubing employed in medical devices is generally of high quality and produced using a continuous vulcanization and extrusion process.
A well-established medical infrastructure combined with increasing healthcare expenditures is anticipated to propel product demand in Europe. The steady demand for minimally invasive and diagnostic equipment, that utilizes medical tubes, is also contributing to the growth of the medical tubing market.
The medical tubing market growth is propelled by strategic initiatives such as mergers and acquisitions and partnerships adopted by the major market players. Some prominent players in the global medical tubing market are ATAG, Bentec Medical, Elkem, Freelin-Wade, Freudenberg Medical, Imperative Care, Lubrizol, MDC Industries, NewAge Industries, Nordson Medical, RAUMEDIC, Saint-Gobain, Spectrum Plastics Group, TE Connectivity, Tekni-Plex, Teknor Apex, Teleflex, Vention Medical and Zeus Industrial Products have been pivotal in advancing technology and meeting the heightened demand.