Plastic Fittings and Tubing for Pharmaceutical and Medical Market Size - By Product Type, Materials, End Use, Distribution Channel Analysis, Share, Growth Forecast, 2024 - 2032
Report ID: GMI12086
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Published Date: November 2024
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Report Format: PDF
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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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Plastic Fittings and Tubing for Pharmaceutical and Medical Market Size
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.
Plastic Fittings and Tubing for Pharmaceutical and Medical Market Trends
The global market for plastic fittings and tubing in the pharmaceutical and medical sectors is moving towards using safer and eco-friendly materials. This trend is driven by environmental concerns and strict regulations. Traditional materials like PVC and DEHP are being questioned for their health and environmental risks. Manufacturers are now creating safer alternatives that are better for patients and the environment.
New developments include biodegradable and recyclable plastics, and materials free from harmful substances like phthalates. These changes meet the growing demand from healthcare providers and consumers for sustainable medical products. Regulatory bodies are also pushing for greener healthcare solutions. This trend makes plastic fittings and tubing more attractive in the medical field and shows the industry's commitment to reducing its environmental impact.
Plastic Fittings and Tubing for Pharmaceutical and Medical Market Analysis
Manufacturers of plastic fittings and tubing for pharmaceutical and medical faces challenges due to strict regulations. As these products need to meet high standards of quality, safety, and biocompatibility to ensure medical devices are safe and effective. In the United States, manufacturers must follow the FDA's Quality System Regulation (QSR). In the European Union, they must comply with the Medical Device Regulation (MDR). These rules cover all parts of manufacturing, including design, production, testing, and labeling.
The Advanced Medical Technology Association (AdvaMed) states that these regulations are crucial for maintaining high standards in medical device manufacturing. If companies fail to comply with these regulations, their market value, trust, and long-term credibility could be adversely affected.
In 2023 the tubing segment has emerged as dominant segment generating a revenue of USD 4.01 billion and is anticipated to reach around USD 6.86 billion during 2024 to 2032. Plastic tubing is the leading product in the global plastic fittings and tubing for pharmaceutical and medical market. It is crucial for many uses, such as fluid transfer in IV systems, drug delivery, and diagnostic devices. Plastic tubing is flexible, durable, and easy to customize, making it ideal for medical settings that need reliable and sterile fluid handling.
The demand for single-use and disposable solutions is growing to meet strict infection control standards, making tubing systems essential in biopharmaceutical and medical applications. Advances in material technology have improved tubing performance, making it more resistant to chemicals, more biocompatible, and less likely to cause contamination. As a result, healthcare providers increasingly use plastic tubing to ensure safe and efficient fluid management, keeping it at the top of the market.
The hospitals and clinics have emerged as a dominant segment accounting for a market share of around 36% in 2023 and is anticipated to grow at a CAGR of 6.4% through2032. Hospitals and clinics are dominating end use segments in global plastic fittings and tubing for pharmaceutical and medical market because they need many disposable and single-use medical devices. These facilities focus on infection control and sterility, making disposable plastic parts crucial for fluid management, IV therapy, drug administration, and diagnostics. Every day, hospitals and clinics use large amounts of plastic tubing and fittings to keep hygiene standards high.
As healthcare facilities grow worldwide and use more advanced medical procedures, their need for reliable, biocompatible, and cost-effective plastic parts increases. This ongoing high demand makes hospitals and clinics key drivers of market growth.
U.S. plastic fittings and tubing for pharmaceutical and medical market size crossed USD 2.45 billion in 2023 and is estimated to grow at a CAGR of over 6.6% from 2024 to 2032, due to the presence of the most advanced and comprehensive healthcare systems in the world, characterized by a high number of healthcare facilities, including hospitals, clinics, and specialized medical centers. This extensive network drives a significant demand for medical supplies, including plastic fittings and tubing.
Country-level Analysis
North America: In 2023, the U.S. held 89% of the North American market for plastic fittings and tubing in the pharmaceutical and medical sectors, with a projected CAGR of 6.6% until 2032. Increasing adoption of single-use medical devices drives this demand.
Canada's market grew by 6.2% in 2023, supported by its numerous research institutions and biotechnology firms, which require high-quality plastic fittings and tubing for advanced medical technologies.
Europe: In 2023, Europe held approximately 28% of the global market share in plastic fittings and tubing for the pharmaceutical and medical sectors, with a projected CAGR of 6.1% up to 2032. Increasing environmental awareness is driving European manufacturers to develop eco-friendly plastic materials, fostering innovation in medical supplies. Germany, with a 33% market share in 2023, is expected to grow at a CAGR of 6.6%. Strict regulations, such as the Medical Device Regulation (MDR) and In-vitro Diagnostic Regulation (IVDR), drive the market. These regulations ensure high standards for safety, quality, and performance, compelling manufacturers to use high-quality materials and advanced production methods.
Asia Pacific: In 2023, China led the Asia Pacific market for plastic fittings and tubing in pharmaceuticals and medical applications with a 37% market share. It is expected to grow at a CAGR of 6.3% from 2024 to 2032. Rapid urbanization, a growing healthcare sector, and cost-effective manufacturing drive this growth. Government investments in healthcare increase demand for medical supplies, while efficient manufacturing attracts both domestic and international buyers, solidifying China's key market position.
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:
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:
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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: