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Plastic Fittings and Tubing for Pharmaceutical and Medical Market Trends

Report ID: GMI12086 Published Date: November 2024Report 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.

Author: Avinash Singh , Sunita Singh
Frequently Asked Question(FAQ) :

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.

Plastic Fittings and Tubing for Pharmaceutical and Medical Market Scope

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