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Plastic Fittings and Tubing for Pharmaceutical and Medical Market Trends

  • Report ID: GMI12086
  • Published Date: Nov 2024
  • Report Format: PDF
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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.

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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