The Global Medical Copper Tubing Market was valued at US$ 2,011.7 million in 2021 and is predictable to reach US$ 4,279.6 million by 2030 which is projected to attain a CAGR of 8.7 % during the forecast period from 2021- 2030.
Copper is massively used in medical tubing applications owing to it tremendous physical properties such as flexibility and durability nature. Medical grade copper pipes and tubes are biostatic material and are eco-friendly in nature. It also helps in fighting against several diseases if used on a regular basis to immune the health. They possess lifelong durability, rust-free characteristics, won’t release any harmful gases even at high temperatures appliances, resistance from oxidations, and don’t crumble & crack even after being used for several years.
Market Dynamics
Medical-grade copper pipes and tubes are an essential tool for the regular delivery of respiratory gases by patients enduring severe conditions. It also benefits to dispense compressed air, nitrogen, oxygen, nitrous oxide for the patient treatments and is majorly preferred for removing the gases & fluids from the treatment area of the patients. Copper tubing portrays an integral share in the medical procedure owing to its longer durability and lower maintenance which is beneficial to be utilized in a medical system.
Copper tubes exhibit the following characteristics mentioned below:
Numerous key players in the medical copper tubing market are investing in research and development for product upgrades. They are grasping the e-commerce platforms for the expansion of their product and reach across the globe.
Rising cases of geriatric population, availability of minimally invasive surgeries instruments, and health-related concerns are the prime reasons attributed for the demand for medical copper tubing across the globe. Medical copper tubing has gained traction in recent years across several end-users such as hospitals, surgical centers, and specialty clinics among others for operating medical vacuum systems dispensing gases & fluids during treatment and surgeries of the patient along with dispensing compressed nitrogen & air during the operating of life-saving equipment. Moreover, medical copper tubing systems are easy to install and are tremendously efficient, durable, provides trouble-free service, and are low in maintenance. Such factors are gaining huge attention, more reliable & ensure safety, and are majorly opted across the hospitals for emergency or critical places such as ICUs, nurseries, and operation theaters among others which are augmenting the market growth during the forecast period.
The Global Medical Copper Tubing Market is segmented by product type, end-use, and region. Based on product type, it is categorized into tubing, bracketing, and fittings. Tubing further bifurcates into K type and L type. Bracketing is also bifurcated into drop rods, saddles, Munsen rings, and backplates. Further, fittings are also segmented into couplers, crosses, elbows, tees, and ends. End-user of medical copper tubing is split into nursing homes, specialty clinics, hospitals, and ambulatory surgical centers. Based on regional insights, the global medical copper tubing market is categorized into North America (US, Canada, Mexico, Rest of America), Asia Pacific (India, China, Rest of Asia Pacific), Europe (UK, Germany, Russia, Rest of Europe) and Rest of the world (Latin America and Middle East & Africa).
North America holds the major market share owing to the presence of major key players in the region. The Asia Pacific and Europe are expected to deliver huge potential owing to increasing cases of geriatric population and prevalence of diseases in the region.
Prominent players inducting the Global Medical Copper Tubing Market are Mandev Tubes, Cambridge-Lee Industries LLC, Lawton Tube Co. Ltd., Mueller Industries Inc., Beacon Medaes, UACJ Corporation, Jiangyin Hehong Precision Technology Co. Ltd., and OmegaFlex Inc. among others.
Segmentation and Scope of the Global Medical Copper Tubing Market
Global Medical Copper Tubing Market is segmented by product type, end-use, and region.
By Product Type
Tubing
By End-Use
By Region
North America
Europe
Asia Pacific
Rest of World
Middle East & Africa
Latin America
Prominent players in the Global Medical Copper Tubing Market among other includes
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