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The global plastic fittings and tubing for pharmaceutical and medical market 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, due to the growing demand for disposable medical devices. Concerns about infection control and cross-contamination are leading healthcare facilities to prefer single-use medical devices. These devices, like IV sets, catheters, and drug delivery systems, often use plastic fittings and tubing, which provide safe and sterile solutions that reduce patient risk.
Additionally, advancements in biopharmaceuticals are further driving growth in the global plastic fittings and tubing market for Pharmaceuticals and medicine. The biopharmaceutical sector's focus on complex biologics, vaccines, and personalized medicines has increased the need for sterile, contamination-free fluid handling systems. Plastic fittings and tubing are essential for maintaining sterile conditions during drug production and transfer. They offer flexibility, chemical resistance, and are often designed for single-use applications. As biopharmaceutical production expands to meet global healthcare demands, the need for high-quality plastic components that meet strict safety and regulatory standards grows, driving innovation and market growth.
Report Attribute | Details |
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Base Year: | 2023 |
Plastic Fittings and Tubing for Pharmaceutical and Medical Market Size in 2023: | USD 7.17 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 6.1% |
2032 Value Projection: | USD 12.13 Billion |
Historical Data for: | 2021-2023 |
No. of Pages: | 250 |
Tables, Charts & Figures: | 315 |
Segments covered: | Product Type, Materials, End-Use, Distribution Channels |
Growth Drivers: |
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Pitfalls & Challenges: |
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