Get a free sample of Plastic Fittings and Tubing for Pharmaceutical and Medical Market
Thank you!
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Get a free sample of Plastic Fittings and Tubing for Pharmaceutical and Medical Market
Thank you!
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Plastic Fittings and Tubing for Pharmaceutical and Medical Market Share
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
How big is the plastic fittings and tubing for pharmaceutical and medical market?
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.
What is the size of the plastic tubing segment in the pharmaceutical and medical market?
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.
What is the market share of hospitals and clinics in the global plastic fittings and tubing market?
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.
How large is the U.S. plastic fittings and tubing market for pharmaceutical and medical sectors?
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.
Who are the major players in the global plastic fittings and tubing for pharmaceutical and medical market?
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.