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Plastic Fittings and Tubing for Pharmaceutical and Medical Market Share

  • Report ID: GMI12086
  • Published Date: Nov 2024
  • Report Format: PDF
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Plastic Fittings and Tubing for Pharmaceutical and Medical Market Share

Global Plastic Fittings and Tubing for Pharmaceutical and Medical  Market Share Analysis (2023)

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In the global plastic fittings and tubing for pharmaceutical and medical industry key players such as Parker Hannifin, Freudenberg Medical, Nordson, Trelleborg and Smiths Medical are holding a market share of around 10-15% in the market. Manufacturers are focusing on creating advanced materials, including high-performance polymers and silicone. These materials are specifically designed to adhere to the stringent requirements of the pharmaceutical and medical industries, guaranteeing biocompatibility, durability, and chemical resistance for essential functions such as drug delivery, fluid management, and medical devices to grow their market reach and drive long-term growth.
 

Plastic Fittings and Tubing for Pharmaceutical and Medical Market Companies

Major players operating in the global plastic fittings and tubing for pharmaceutical and medical industry are:

  • AP Extrusion
  • Atlas Copco
  • Eldon James
  • Freudenberg Medical
  • Navtar
  • New Age Industries
  • Nordson
  • Parker Hannifin
  • Polymer Solutions
  • Qosina
  • Raumedic
  • Saint-Gobain Performance Plastics
  • Smiths Medical
  • Tekni-Plex
  • Trelleborg
Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for plastic fittings and tubing for pharmaceutical and medical was reached USD 7.17 billion in 2023 and is estimated to grow at a 6.1% CAGR from 2024 to 2032, driven by the increasing demand for disposable medical devices.

The plastic tubing segment generated USD 4.01 billion in 2023 and is anticipated to reach around USD 6.86 billion during 2024 to 2032, owing to its flexibility, durability, and ease of customization.

Hospitals and clinics accounted for around 36% of the market share in 2023 and is expected to grow at a 6.4% CAGR through 2032, led by their extensive use of disposable and single-use medical devices.

The U.S. market for plastic fittings and tubing market for pharmaceutical and medical sectors crossed USD 2.45 billion in 2023 and is estimated to grow at a 6.6% CAGR from 2024 to 2032, supported by its advanced and comprehensive healthcare system.

Key players include AP Extrusion, Atlas Copco, Eldon James, Freudenberg Medical, Navtar, New Age Industries, Nordson, Parker Hannifin, Polymer Solutions, Qosina, Raumedic, Saint-Gobain Performance Plastics, Smiths Medical, Tekni-Plex, and Trelleborg.

Plastic Fittings and Tubing for Pharmaceutical and Medical Market Scope

  • Plastic Fittings and Tubing for Pharmaceutical and Medical Market Size
  • Plastic Fittings and Tubing for Pharmaceutical and Medical Market Trends
  • Plastic Fittings and Tubing for Pharmaceutical and Medical Market Analysis
  • Plastic Fittings and Tubing for Pharmaceutical and Medical Market Share

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    Premium Report Details

    • Base Year: 2023
    • Companies covered: 15
    • Tables & Figures: 315
    • Countries covered: 18
    • Pages: 250
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