Buy Now
Immediate Delivery
$4,123 $4,850
15% off
$4,840 $6,050
20% off
$5,845 $8,350
30% off
Buy now
Premium Report Details
Base Year: 2023
Companies covered: 15
Tables & Figures: 315
Countries covered: 18
Pages: 250
Download Free PDF

Plastic Fittings and Tubing for Pharmaceutical and Medical Market
Get a free sample of this reportGet a free sample of this report Plastic Fittings and Tubing for Pharmaceutical and Medical Market
Is your requirement urgent? Please give us your business email for a speedy delivery!
Plastic Fittings and Tubing for Pharmaceutical and Medical Market Size
The global plastic fittings and tubing for pharmaceutical and medical market size was valued at USD 7.17 billion in 2023 and is estimated to grow at a CAGR of over 6.1% from 2024 to 2032. The demand of disposable medical devices is a key driver for the global market of plastic fittings and tubing for Pharmaceuticals and Medicine.
Infection control and cross-contamination are making healthcare facilities lean towards single-use medical devices. IV sets, catheters, drug delivery systems do utilize plastic fittings and tubing that can provide feasible, safe and sterile solutions to reduce patient risk. This is also encouraging because of the new investments in hospital infrastructure and expansion of healthcare services around the world, enhancing the demand for cost-effective and high-quality plastic components with proper hygiene precautions.
Also, expansion of biopharmaceuticals is a factor propelling the global demand for plastic fittings and tubing in plastic biopharmaceuticals. Growth in this biopharmaceuticals sector is focusing on complex biologics, vaccines, and personalized medicines drives up the demand for sterile, contamination-free fluid handling systems. Fittings and tubing are vital for keeping non-sterile environments during drug making and transfer. They offer flexibility and high chemical resistance and are usually single-use applications. Furthermore, as the biopharmaceutical production is geared towards meeting heightened global healthcare expectations, there is an increasing need for stringent quality plastic materials, which contributes towards market innovation and expansion.
Plastic Fittings and Tubing for Pharmaceutical and Medical Market Trends
The rising global concern regarding the need to protect the environment has led to the gradual use of non-traditional materials for manufacturing fittings and tubing within the medical and pharmaceutical plastics market. There is also an increase in health regulations which require the care of safe alternatives to materials that are harmful to both patients and the surroundings. Typical plastic materials like PVC and DEHP are now being scrutinized for their harmful effects on health and the environment.
Safer materials that are more ecologically and biologically friendly are starting to be passed as acceptable by manufacturers. Innovations such as phthalate-free, biodegradable, and recyclable materials are emerging. This trend will help meet the increasing needs for eco-friendly medical devices by healthcare providers and patients as well as further lower the carbon footprint of the industry. This shift in bending the rules of delivery medical devices and tightening the rules on the environment improves the perception of the plastic medical device industry and allows the use of fittings and tubing in medicine.
Plastic Fittings and Tubing for Pharmaceutical and Medical Market Analysis
The medical industry is quite highly regulated, which contributes to the problems faced by suppliers of plastic fittings and tubing for pharmaceutical and medical services. These products are a need in the medical sectors since they need to meet stringent criteria for performance, safety, and effectiveness.
In the United States, QSR rules dictate that the manufacturer's quality systems be only the most stringent. So too in the European Union. These rules state that design, production, assembly, testing, and even labeling of the medical devices are regulated. According to the Advanced Medical Technology Association (AdvaMed), these guidelines are constructed so that quality in the medical devices manufacturing is never compromised. These rules are necessary. Domestic companies must also follow the regulations in order not to lose reputation, market value, and credibility in the long run.
North America: The market for drug-related and medical plastic tubes and their fittings is dominated by the United States, which controls 89% of the North America share, along with single-use medical devices which are set to boost the growth rate to 6.6% every year, changing this sector positively till 2032.
Canada, on the other hand, increased their market by 6.2% in 2023, making them the second most investable market after the US. The increase in biotechnology and research institutes needing ultra-modern medical technologies remains the basic reason for this increase since 1.5-inch ball valves are high-quality plastic fittings and tubing.
Europe: Europe fittings and tubing for pharmaceutical and medical market is set to expect a sustained performance as they tend to accomplish the projected 6.1% due to global competition from the other three tier 1 countries. The United Kingdom, Germany, and France account for 28% share on the global stage in plastic fittings and tubing for skyscrapers.
Germany accounted for a 33% share of the market in 2023. There is a strong focus on the market of eco-friendly plastic materials for medical supplies, with innovations driven by an increase in environmental awareness. Strict guidelines such as the Medical Device Regulation (MDR) and In-vitro Diagnostic Regulation (IVDR) create high barriers for entrance, thereby enabling players to sustain growth of approximately 6.6% for Germany.
Asia Pacific: China held a 37% share of the Asia Pacific market for plastic fittings and tubing targeted towards pharmaceutical and medical purposes in 2023, which positions them at the front of the competition. From 2024 to 2032, this share is expected to grow at a CAGR of 6.3%. Emerging urban regions are propelling a growing healthcare sector complemented with inexpensive manufacturing, which is the main driver for this growth. Increasing government expenditure on health supply attracts both foreign and local manufacturers, which helps solidify China as a key market player.
Plastic Fittings and Tubing for Pharmaceutical and Medical Market Share
Parker Hannifin, Freudenberg Medical, Nordson, Trelleborg, Smiths Medical together hold a market share of approximately 10-15% in the Plastic Fittings and Tubing for Pharma and Medical segment. Due to the stiff competition, manufacturers are focusing on improving the performance parameters of elastomeric materials, polymers, and silicone.
They will be developing high-performance materials to enhance their ability to achieve the tough requirements of the pharmaceutical and medical technology industries, which will expand their market growth and ensure long growth. These advanced materials must be biocompatible, durable, and chemical resistant in order for drug delivery, fluid management, and other medical devices to function effectively.
Plastic Fittings and Tubing for Pharmaceutical and Medical Market Companies
Major players operating in the global plastic fittings and tubing industry are:
Plastic Fittings and Tubing for Pharmaceutical and Medical Industry News
This global plastic fittings and tubing for pharmaceutical and medical market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) & volume (Thousand Units) from 2021 to 2032, for the following segments:
Click here to Buy Section of this Report
Market, By Product Type
Market, By Materials
Market, By End Use
Market, By Distribution Channel
The above information is provided for the following regions and countries: