Market Overview:
The global medical metal tubing market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries, rising prevalence of chronic diseases, and technological advancements in medical devices. By type, the stainless steel segment is expected to account for the largest share of the global medical metal tubing market in 2018. By application, dialysis or intravenous tubing is expected to account for the largest share of the global medical metal tubing market in 2018.
Product Definition:
Medical metal tubing is a type of tubing that is specifically designed for use in medical applications. It is made from high-quality materials that are resistant to corrosion and wear, and it can be used in a variety of medical settings. Medical metal tubing is often used in medical devices such as dialysis machines, oxygen tanks, and infusion pumps.
Stainless Steel:
Stainless steel is a widely used alloy in the medical industry. It has various properties such as high corrosion resistance, ductility, and malleability which make it an ideal material for use in medical metal tubing. The growth factor of this market is due to rising demand from the end-user industries such as healthcare & pharmaceuticals and food processing & packaging.
Titanium:
Titanium is a lustrous, strong, lightweight metal that is corrosion resistant. It has excellent mechanical properties and high thermal stability. The most commonly used titanium in medical devices is the powder form which can be easily applied to medical instruments or parts with the help of various techniques including vacuum bagging, sputtering deposition and electroplating among others.
Application Insights:
Based on application, the global medical metal tubing market has been segmented into dialysis or intravenous tubing, catheters & cannulas, drug delivery systems and others. The other applications include blood oxygenation equipment and extracorporeal blood circuits. Dialysis or intravenous tubing held the largest share in terms of revenue in 2017 owing to its wide usage as a supply line for IV fluids during dialysis procedures.
The demand for these products is expected to increase significantly over the forecast period owing to their increasing use in various healthcare applications including cardiovascular interventions, neurosurgeries and orthopedic procedures where rapid transfer of fluids & medications are required.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major players, advanced healthcare infrastructure and high patient awareness. In addition, increasing government initiatives for R&D investments is expected to drive growth over the forecast period. For instance, in March 2018, The National Institute of Health (NIH) launched a new initiative called “U54: Metal-on-Metal Technology for Stem Cell Research†that focuses on developing novel medical devices using biocompatible metals such as titanium and stainless steel.
Asia Pacific is expected to grow at a lucrative rate over the forecast period due to factors such as improving healthcare facilities & infrastructure coupled with growing patient awareness regarding available treatment options & availability of effective therapies. Moreover, rising disposable income levels are anticipated to fuel demand during the forecast period.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global medical metal tubing market is expected to grow at a CAGR of 5.5% during the forecast period due to the increasing demand for minimally invasive surgeries. This is because these surgeries are less risky and cause less pain and trauma as compared to traditional open surgery procedures.
- Technological advancements in medical devices: The growth of the medical metal tubing market is also attributed to the technological advancements in medical devices, which have led to the development of innovative products such as stents, catheters, and guidewires that require specialized tubing for their functioning.
- Rising prevalence of chronic diseases: The global population is aging at an alarming rate, which has resulted in an increase in the prevalence of chronic diseases such as cancer, heart disease, and diabetes mellitus. This has led healthcare providers to adopt advanced treatment methods that require specialized metal tubes for their administration.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Metal Tubing Market Research Report
By Type
Stainless Steel, Titanium, Nitinol (NiTi)
By Application
Dialysis or Intravenous Tubing, Catheters & Cannulas, Drug Delivery Systems, Other
By Companies
AMETEK, Sandvik, Teshima, Om Steel Tubes, Tech Tube, Bison Stainless Tube, K-Tube Technologies (Cook Group), Vita Needle Company, M&M International, Fuji Seiko, Minitubes
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
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Medical Metal Tubing Market Report Segments:
The global Medical Metal Tubing market is segmented on the basis of:
Types
Stainless Steel, Titanium, Nitinol (NiTi)
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
Dialysis or Intravenous Tubing, Catheters & Cannulas, Drug Delivery Systems, 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:
- AMETEK
- Sandvik
- Teshima
- Om Steel Tubes
- Tech Tube
- Bison Stainless Tube
- K-Tube Technologies (Cook Group)
- Vita Needle Company
- M&M International
- Fuji Seiko
- Minitubes
Highlights of The Medical Metal Tubing 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:
- Stainless Steel
- Titanium
- Nitinol (NiTi)
- By Application:
- Dialysis or Intravenous Tubing
- Catheters & Cannulas
- Drug Delivery Systems
- 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 Metal Tubing 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 metal tubing is a type of tubing made from a variety of metals, including stainless steel and aluminum. It is used in medical procedures, such as during surgery or during blood transfusions. Medical metal tubing is often more durable than other types of tubing and can be sterilized to prevent the spread of infection.
Some of the major players in the medical metal tubing market are AMETEK, Sandvik, Teshima, Om Steel Tubes, Tech Tube, Bison Stainless Tube, K-Tube Technologies (Cook Group), Vita Needle Company, M&M International, Fuji Seiko, Minitubes.
The medical metal tubing 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 Metal Tubing 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 Metal Tubing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Metal Tubing 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 Metal Tubing 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 Metal Tubing Market Size & Forecast, 2020-2028
4.5.1 Medical Metal Tubing Market Size and Y-o-Y Growth
4.5.2 Medical Metal Tubing Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Stainless Steel
5.2.2 Titanium
5.2.3 Nitinol (NiTi)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Dialysis or Intravenous Tubing
6.2.2 Catheters & Cannulas
6.2.3 Drug Delivery Systems
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Metal Tubing 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 Metal Tubing 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Stainless Steel
9.6.2 Titanium
9.6.3 Nitinol (NiTi)
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 Market Size Forecast by Applications
9.10.1 Dialysis or Intravenous Tubing
9.10.2 Catheters & Cannulas
9.10.3 Drug Delivery Systems
9.10.4 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Stainless Steel
10.6.2 Titanium
10.6.3 Nitinol (NiTi)
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 Market Size Forecast by Applications
10.10.1 Dialysis or Intravenous Tubing
10.10.2 Catheters & Cannulas
10.10.3 Drug Delivery Systems
10.10.4 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Stainless Steel
11.6.2 Titanium
11.6.3 Nitinol (NiTi)
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 Market Size Forecast by Applications
11.10.1 Dialysis or Intravenous Tubing
11.10.2 Catheters & Cannulas
11.10.3 Drug Delivery Systems
11.10.4 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Stainless Steel
12.6.2 Titanium
12.6.3 Nitinol (NiTi)
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 Market Size Forecast by Applications
12.10.1 Dialysis or Intravenous Tubing
12.10.2 Catheters & Cannulas
12.10.3 Drug Delivery Systems
12.10.4 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Stainless Steel
13.6.2 Titanium
13.6.3 Nitinol (NiTi)
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) Market Size Forecast by Applications
13.10.1 Dialysis or Intravenous Tubing
13.10.2 Catheters & Cannulas
13.10.3 Drug Delivery Systems
13.10.4 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 Metal Tubing Market: Competitive Dashboard
14.2 Global Medical Metal Tubing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AMETEK
14.3.2 Sandvik
14.3.3 Teshima
14.3.4 Om Steel Tubes
14.3.5 Tech Tube
14.3.6 Bison Stainless Tube
14.3.7 K-Tube Technologies (Cook Group)
14.3.8 Vita Needle Company
14.3.9 M&M International
14.3.10 Fuji Seiko
14.3.11 Minitubes
