Medical Tubing Market To Reach USD 13770 Million By 2026 at a CAGR of 7.2% - Valuates Reports
The global Medical Tubing Market was valued at USD 8418 million in 2019 and is expected to reach USD 13770 million by the end of 2026, growing at a CAGR of 7.2% during 2021-2026.
- The global Medical Tubing Market was valued at USD 8418 million in 2019 and is expected to reach USD 13770 million by the end of 2026, growing at a CAGR of 7.2% during 2021-2026.
- Major factors driving the growth of the Medical Tubing Market are:
Increasing use in a wide range of minimally invasive critical applications such as cardiovascular catheters, stent delivery systems, urological retrieval devices, and drug delivery is expected to drive the medical tubing market. - Availability of cost-competitive medical-grade plastics, increasing access to healthcare supplies across the globe, are expected to further propel the medical tubing market.
- As a result, the medical tubing market is primarily driven by overall growth and increased investment in healthcare infrastructure.