Market Overview:
The global medical grade copper tubes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for medical grade copper tubes from hospitals, clinics, and other end-users. In terms of type, the market is segmented into type K pipe and type L pipe. The type K pipe segment is expected to hold a larger share of the market in terms of revenue in 2018. This can be attributed to its properties such as high strength-to-weight ratio and corrosion resistance that make it suitable for use in various applications such as hospital equipment, laboratory equipment, and analytical instruments among others.
Product Definition:
Medical grade copper tubes are specifically designed for use in medical applications. They are made of pure, high-quality copper and have a smooth surface that is easy to clean. They are also corrosion-resistant and non-toxic, making them ideal for use in medical devices and equipment.
Type K Pipe:
Copper tubes are used in the medical industry for various applications such as blood transfusion, dialysis, and intravenous infusion. These products have a wide range of application areas owing to their superior properties which include corrosion resistance, high strength and ductility. Type K pipe is one of the widely used copper tubes due to its low cost & flexibility along with excellent mechanical properties & biocompatibility.
The global medical-grade copper tube market size was valued at USD 1.
Type L Pipe:
Type L pipe is a special type of copper tubing that is used in medical-grade copper tubes. It has higher electrical resistance than Type K or Type M pipes and it’s used to carry hot and cold water in plumbing systems.
The market for type L pipes and tubes are driven by the increasing demand for plumbing systems especially in hospitals, homes, clinics & other medical facilities.
Application Insights:
Based on the application, the global medical grade copper tubes market is segmented into hospital, clinic and other. The hospital segment dominated the overall market in terms of revenue in 2017. This high share is attributable to factors such as increasing prevalence of chronic diseases and rising demand for sophisticated equipment at hospitals. Copper tubing offers several advantages over its substitutes such as polyethylene and plastic materials due to its superior biocompatibility which makes it suitable for use in hospitals & clinics.
The other application segment includes commercial facilities, industrial purposes and residential applications including homes, apartments or buildings where there are plans to install a medical device or an oxygenator machine that uses copper tubing system as part of its components (i.e., supply & drain).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. Increasing government initiatives for developing healthcare infrastructure and favorable reimbursement policies are some of the key factors contributing to this growth. For instance, according to a study published by Health Care Financing Administration (HCFA) in 2015, there was an increase of around 7% in hospital construction spending from 2011 to 2014.
The Middle East & Africa region is projected to grow at a lucrative rate over the forecast period owing rising investments on development.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The growing demand for minimally invasive surgeries is one of the key growth drivers for the medical grade copper tubes market. Minimally invasive surgeries are less traumatic and result in shorter hospital stays and faster recoveries as compared to traditional open surgery procedures. This is driving the adoption of medical grade copper tubes across various surgical applications.
- Rising prevalence of chronic diseases: The rising prevalence of chronic diseases such as cancer, heart disease, and diabetes is fueling the demand for advanced medical devices and equipment including medical grade copper tubes. Copper has been found to be effective in combating a number of chronic diseases, which is propelling its adoption in various therapeutic applications.
- Technological advancements: The rapid advancement in technology is enabling manufacturers to develop innovative products that meet the specific needs of different end-users segments. This is resulting in an increase in adoption rates of medical grade copper tubes across various application areas such as cardiovascular surgery, neurosurgery, laparoscopy, etcetera .
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Grade Copper Tubes Market Research Report
By Type
Type K Pipe, Type L Pipe
By Application
Hospital, Clinic, Other
By Companies
Mueller Industries, Wieland, UACJ, Cerro Flow Products, NOVAIR Medical, Atlas Copco (BeaconMedaes), H&H Tube, Cambridge-Lee Industries, C&H Medical, Samuel, Son & Co., Mueller Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Medical Grade Copper Tubes Market Report Segments:
The global Medical Grade Copper Tubes market is segmented on the basis of:
Types
Type K Pipe, Type L Pipe
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mueller Industries
- Wieland
- UACJ
- Cerro Flow Products
- NOVAIR Medical
- Atlas Copco (BeaconMedaes)
- H&H Tube
- Cambridge-Lee Industries
- C&H Medical
- Samuel, Son & Co.
- Mueller Industries
Highlights of The Medical Grade Copper Tubes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Type K Pipe
- Type L Pipe
- By Application:
- Hospital
- Clinic
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical Grade Copper Tubes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Medical grade copper tubes are made from a thicker gauge of copper than what is typically used in plumbing. This makes them more durable and resistant to corrosion. They are also available in different sizes, so they can be custom-made for specific applications.
Some of the major players in the medical grade copper tubes market are Mueller Industries, Wieland, UACJ, Cerro Flow Products, NOVAIR Medical, Atlas Copco (BeaconMedaes), H&H Tube, Cambridge-Lee Industries, C&H Medical, Samuel, Son & Co., Mueller Industries.
The medical grade copper tubes market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Grade Copper Tubes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Medical Grade Copper Tubes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Grade Copper Tubes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Medical Grade Copper Tubes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Medical Grade Copper Tubes Market Size & Forecast, 2018-2028
4.5.1 Medical Grade Copper Tubes Market Size and Y-o-Y Growth
4.5.2 Medical Grade Copper Tubes Market Absolute $ Opportunity
Chapter 5 Global Medical Grade Copper Tubes Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Medical Grade Copper Tubes Market Size Forecast by Type
5.2.1 Type K Pipe
5.2.2 Type L Pipe
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Grade Copper Tubes Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Medical Grade Copper Tubes Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Grade Copper Tubes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Medical Grade Copper Tubes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Medical Grade Copper Tubes Analysis and Forecast
9.1 Introduction
9.2 North America Medical Grade Copper Tubes Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Medical Grade Copper Tubes Market Size Forecast by Type
9.6.1 Type K Pipe
9.6.2 Type L Pipe
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Medical Grade Copper Tubes Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Medical Grade Copper Tubes Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Grade Copper Tubes Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Medical Grade Copper Tubes Market Size Forecast by Type
10.6.1 Type K Pipe
10.6.2 Type L Pipe
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Medical Grade Copper Tubes Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Medical Grade Copper Tubes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Grade Copper Tubes Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Medical Grade Copper Tubes Market Size Forecast by Type
11.6.1 Type K Pipe
11.6.2 Type L Pipe
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Medical Grade Copper Tubes Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Medical Grade Copper Tubes Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Grade Copper Tubes Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Medical Grade Copper Tubes Market Size Forecast by Type
12.6.1 Type K Pipe
12.6.2 Type L Pipe
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Medical Grade Copper Tubes Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Medical Grade Copper Tubes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Grade Copper Tubes Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Medical Grade Copper Tubes Market Size Forecast by Type
13.6.1 Type K Pipe
13.6.2 Type L Pipe
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Medical Grade Copper Tubes Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Medical Grade Copper Tubes Market: Competitive Dashboard
14.2 Global Medical Grade Copper Tubes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mueller Industries
14.3.2 Wieland
14.3.3 UACJ
14.3.4 Cerro Flow Products
14.3.5 NOVAIR Medical
14.3.6 Atlas Copco (BeaconMedaes)
14.3.7 H&H Tube
14.3.8 Cambridge-Lee Industries
14.3.9 C&H Medical
14.3.10 Samuel, Son & Co.
14.3.11 Mueller Industries
