Market Overview:
The global multi-lumen tubing market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for medical devices and equipment, growing demand for high-performance tubing in the electronics industry, and rising demand for food processing equipment. In terms of type, PTFE is expected to lead the global multi-lumen tubing market during the forecast period due to its superior properties such as chemical resistance, thermal stability, and low friction coefficient. By application, medical applications are expected to account for a major share of the global multi-lumen tubing market during the forecast period owing to rising demand from hospitals and clinics across regions.
Product Definition:
A multi-lumen tube is a medical device that has more than one hollow lumen, or passageway, running through it. This type of tubing can be used for a variety of purposes, including delivering medication and fluids to patients intravenously, withdrawing blood samples from patients' veins for testing, and performing other medical procedures. Multi-lumen tubing is important because it allows multiple tasks to be performed simultaneously without having to switch between different tubes or devices.
PTFE:
It is a type of polymer, which has excellent resistance to chemicals and solvents. PTFE fabrics are used in various industries including chemical processing, food & beverage processing, oil & gas extraction and others for manufacturing various products such as gaskets, washers and seals among others.
ePTFE:
It has excellent resistance to chemicals, high tensile strength, abrasion & solvent resistance and it can be sterilized easily. PTFE fabrics are used in medical industry for manufacturing of tubing as they have properties such as low friction coefficient & high flexibility at both ends along with being able to withstand pressure inside the tube.
Application Insights:
The medical application segment led the market and accounted for more than a 38% share of the global revenue in 2017. The growth is attributed to increasing usage of multi-lumen tubing in various medical applications, such as oxygen and liquid nitrogen pipelines. In addition, growing demand for single-use devices is expected to drive the segment over the forecast period.
Electronics industry also holds promising growth opportunities for multi-lumen tubing owing to its properties, such as chemical inertness and high resistance against wear & tear. Increasing use of electronic components has resulted in an increased requirement for cooling systems that use liquid nitrogen or water vapor as a coolant medium through heat pipes or heat exchangers respectively. This trend is expected to continue over the forecast period due to rising demand from various end-use industries across regions including North America, Europe, Asia Pacific and Middle East & Africa countries.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of medical facilities, which require high-quality LMT products for various procedures. In addition, increasing demand for electronics products in countries such as China and India is likely to drive product demand over the next eight years.
The Europe market was valued at USD X billion in 2017 and is anticipated to witness significant growth during the forecast period owing to rising healthcare expenditure by governments as well as private players coupled with growing geriatric population that requires long-term care services leading to an increase in hospital admissions & surgeries are some factors driving regional growth over the coming years.
North America accounted for more than 20% of revenue share owing to strong presence of medical device manufacturers such as Medtronic; Boston Scientific Corporation; Stryker Corporation; Zimmer Biomet Holdings, Inc.
Growth Factors:
- Increasing demand for minimally invasive surgeries: Multi-lumen tubing is extensively used in minimally invasive surgeries as it allows surgeons to access multiple areas of the body through a single incision. This helps reduce surgical time and trauma, thus resulting in shorter hospital stays and faster recovery times.
- Growing use of medical devices: Multi-lumen tubing is also finding increasing application in medical devices such as dialysis machines, infusion pumps, and blood transfusion systems. This is due to its ability to provide a smooth flow of fluids without any blockages or interruptions.
- Technological advancements: The development of new technologies that allow for the production of smaller diameter multi-lumen tubes is expected to fuel market growth over the next few years. These advancements are making multi-lumen tubing more accessible and affordable, thereby widening its adoption across various end-use industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Multi-lumen Tubing Market Research Report
By Type
PTFE, ePTFE, FEP, PFA, PEEK, Other
By Application
Medical, Electronics, Food Processing Industry, Other
By Companies
Zeus, New England Tubing Technologies, RAUMEDIC, Duke Extrusions, Microspec, Vesta, PBS Plastics, Sunlite Plastics, Nordson MEDICAL, Trelleborg, Dunn Industries, A.P. Extrusion, Spectrum Plastics Group, Polygon
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Multi-lumen Tubing Market Report Segments:
The global Multi-lumen Tubing market is segmented on the basis of:
Types
PTFE, ePTFE, FEP, PFA, PEEK, Other
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
Medical, Electronics, Food Processing Industry, 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:
- Zeus
- New England Tubing Technologies
- RAUMEDIC
- Duke Extrusions
- Microspec
- Vesta
- PBS Plastics
- Sunlite Plastics
- Nordson MEDICAL
- Trelleborg
- Dunn Industries
- A.P. Extrusion
- Spectrum Plastics Group
- Polygon
Highlights of The Multi-lumen 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:
- PTFE
- ePTFE
- FEP
- PFA
- PEEK
- Other
- By Application:
- Medical
- Electronics
- Food Processing Industry
- 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 Multi-lumen 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?
Multi-lumen tubing is a type of tubing that has multiple lumens per foot. This allows the tubing to carry more water or other fluid than traditional single-lumen tubing. Multi-lumen tubes are often used in irrigation systems and other applications where high flow rates are required.
Some of the key players operating in the multi-lumen tubing market are Zeus, New England Tubing Technologies, RAUMEDIC, Duke Extrusions, Microspec, Vesta, PBS Plastics, Sunlite Plastics, Nordson MEDICAL, Trelleborg, Dunn Industries, A.P. Extrusion, Spectrum Plastics Group, Polygon.
The multi-lumen tubing market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Multi-lumen Tubing Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Multi-lumen Tubing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Multi-lumen Tubing Market - Supply Chain
4.5. Global Multi-lumen Tubing Market Forecast
4.5.1. Multi-lumen Tubing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Multi-lumen Tubing Market Size (000 Units) and Y-o-Y Growth
4.5.3. Multi-lumen Tubing Market Absolute $ Opportunity
5. Global Multi-lumen Tubing Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Multi-lumen Tubing Market Size and Volume Forecast by Type
5.3.1. PTFE
5.3.2. ePTFE
5.3.3. FEP
5.3.4. PFA
5.3.5. PEEK
5.3.6. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Multi-lumen Tubing Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Multi-lumen Tubing Market Size and Volume Forecast by Application
6.3.1. Medical
6.3.2. Electronics
6.3.3. Food Processing Industry
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Multi-lumen Tubing Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Multi-lumen Tubing Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Multi-lumen Tubing Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Multi-lumen Tubing Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Multi-lumen Tubing Demand Share Forecast, 2019-2026
9. North America Multi-lumen Tubing Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Multi-lumen Tubing Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Multi-lumen Tubing Market Size and Volume Forecast by Application
9.4.1. Medical
9.4.2. Electronics
9.4.3. Food Processing Industry
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Multi-lumen Tubing Market Size and Volume Forecast by Type
9.7.1. PTFE
9.7.2. ePTFE
9.7.3. FEP
9.7.4. PFA
9.7.5. PEEK
9.7.6. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Multi-lumen Tubing Demand Share Forecast, 2019-2026
10. Latin America Multi-lumen Tubing Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Multi-lumen Tubing Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Multi-lumen Tubing Market Size and Volume Forecast by Application
10.4.1. Medical
10.4.2. Electronics
10.4.3. Food Processing Industry
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Multi-lumen Tubing Market Size and Volume Forecast by Type
10.7.1. PTFE
10.7.2. ePTFE
10.7.3. FEP
10.7.4. PFA
10.7.5. PEEK
10.7.6. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Multi-lumen Tubing Demand Share Forecast, 2019-2026
11. Europe Multi-lumen Tubing Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Multi-lumen Tubing Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Multi-lumen Tubing Market Size and Volume Forecast by Application
11.4.1. Medical
11.4.2. Electronics
11.4.3. Food Processing Industry
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Multi-lumen Tubing Market Size and Volume Forecast by Type
11.7.1. PTFE
11.7.2. ePTFE
11.7.3. FEP
11.7.4. PFA
11.7.5. PEEK
11.7.6. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Multi-lumen Tubing Demand Share, 2019-2026
12. Asia Pacific Multi-lumen Tubing Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Multi-lumen Tubing Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Multi-lumen Tubing Market Size and Volume Forecast by Application
12.4.1. Medical
12.4.2. Electronics
12.4.3. Food Processing Industry
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Multi-lumen Tubing Market Size and Volume Forecast by Type
12.7.1. PTFE
12.7.2. ePTFE
12.7.3. FEP
12.7.4. PFA
12.7.5. PEEK
12.7.6. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Multi-lumen Tubing Demand Share, 2019-2026
13. Middle East & Africa Multi-lumen Tubing Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Multi-lumen Tubing Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Multi-lumen Tubing Market Size and Volume Forecast by Application
13.4.1. Medical
13.4.2. Electronics
13.4.3. Food Processing Industry
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Multi-lumen Tubing Market Size and Volume Forecast by Type
13.7.1. PTFE
13.7.2. ePTFE
13.7.3. FEP
13.7.4. PFA
13.7.5. PEEK
13.7.6. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Multi-lumen Tubing Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Multi-lumen Tubing Market: Market Share Analysis
14.2. Multi-lumen Tubing Distributors and Customers
14.3. Multi-lumen Tubing Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Zeus
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. New England Tubing Technologies
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. RAUMEDIC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Duke Extrusions
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Microspec
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Vesta
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. PBS Plastics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sunlite Plastics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Nordson MEDICAL
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Trelleborg
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Dunn Industries
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. A.P. Extrusion
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Spectrum Plastics Group
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Polygon
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
