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FEP Heat Shrink Medical Tubing - Global Strategic Business Report

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    Report

  • 357 Pages
  • December 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5302646
The global market for FEP Heat Shrink Medical Tubing is estimated at US$131.8 Million in 2023 and is projected to reach US$210.3 Million by 2030, growing at a CAGR of 6.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Technological advancements have significantly enhanced the performance and application range of FEP heat shrink medical tubing. Innovations in extrusion and manufacturing processes have enabled the production of ultra-thin-walled tubing, which offers increased flexibility and minimally invasive profiles for advanced medical procedures. Additionally, improvements in heat shrink technology have resulted in tubing that can withstand higher temperatures and provide more uniform shrinkage, ensuring consistent performance across different applications. These advancements have expanded the use of FEP heat shrink tubing in areas such as endoscopy, electrophysiology, and microcatheter systems, where precision and reliability are paramount. The development of custom-sized and shaped tubing has also allowed manufacturers to meet the specific requirements of novel medical devices and complex assemblies.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the 1.6:1 Shrink Ratio FEP Heat Shrink Medical Tubing segment, which is expected to reach US$134.8 Million by 2030 with a CAGR of a 7.5%. The 1.3:1 Shrink Ratio FEP Heat Shrink Medical Tubing segment is also set to grow at 5.9% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $49.7 Million in 2023, and China, forecasted to grow at an impressive 8.8% CAGR to reach $27.9 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global FEP Heat Shrink Medical Tubing Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global FEP Heat Shrink Medical Tubing Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global FEP Heat Shrink Medical Tubing Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Adtech Polymer Engineering Ltd, APT Advanced Polymer Tubing GmbH by Masterflex Group, ElringKlinger Kunststofftechnik GmbH, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 60 Featured):

  • Adtech Polymer Engineering Ltd
  • APT Advanced Polymer Tubing GmbH by Masterflex Group
  • ElringKlinger Kunststofftechnik GmbH
  • Fluorotherm Polymers, Inc
  • Gremtek SAS
  • Junkosha Inc.
  • Medical Extrusion Technologies Inc.
  • Nordson Corporation
  • Optinova
  • Parker-Hannifin Corporation
  • Polyflon Technology Ltd
  • Polyfluor Plastics bv
  • Shanghai Eco Polymer Sci.&Tech. Co., Ltd
  • TE Connectivity Ltd.
  • Tef-Cap Industries Inc.
  • Teleflex Incorporated
  • Zeus Industrial Products, Inc.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • A Prelude to FEB Heat Shrink Medical Tubing
  • Global Economic Update
  • Competition
  • FEP Heat Shrink Medical Tubing - Global Key Competitors Percentage Market Share in 2024 (E)
  • FEP Heat Shrink Medical Tubing Competitor Market Share Scenario Worldwide (in %): 2022E
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Global Market Prospects and Outlook
  • Global FEP Heat Shrink Medical Tubing Market Set for Rapid Growth
  • North America Constitutes the Largest Market, Asia-Pacific to Witness Fastest Growth
  • What’s Next for Medical Tubing and Catheter’s Market
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Growing Demand for Medical Plastics Propels Market Expansion
  • Plastics-Based Medical Tubes Register Strong Demand
  • Growing Demand for Microcatheters Spurs the Market for FEP Heat Shrink Tubing
  • Increasing Aging Population Bodes Well for Growth of FEP Heat Shrink Medical Tubing Market
  • Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
  • Elderly Population (65+ Years) as a % of Total Population by Developed, Less Developed and Least Developed Regions: 2019 & 2030
  • Surgical Procedure Volumes and Shift towards Minimal Invasive Surgeries: Significant Impact on FEP Heat Shrink Tubing Market
  • Number of Surgical Procedures (per 100,000 People) in Select Countries
  • Rising Incidence of Chronic Diseases Drive Demand for FEP Heat Shrink Medical Tubing Market
  • Global Cancer Incidence: Number of New Cancer Cases in Million for the Years 2018, 2020, 2025, 2030, 2035 and 2040
  • Global Annual Medical Cost of CVD in US$ Billion: 2010, 2015, 2020, 2025 and 2030
  • Rise in Healthcare Expenditure to Drive Growth
  • World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
  • Peelable HS Tubing Witnesses Rapid Growth
  • Increasing Demand for Minimally Invasive Procedures Fuels Interest in Peelable Heat Shrink Tubing (PHST) Solutions
  • Rising Demand for Heat Shrink Tubing to Drive Market Growth
  • Polyolefin Heat Shrink Tubing Ranks Supreme
  • Increasing Demand for FEP HS Sleeving in Medical Device Industry
  • Miniaturization to Make Way for Future Advancements
  • The Advancement of PHST to Next Generation
  • Technological Advancements in the Heat Shrink Tubing Market
  • Optinova Unveils FEP QuickShrink 2.0
  • Ultra-miniature PHSTs Facilitate in More Precise Microsurgical Processes
  • Automaton Processes to Help Tubing Manufacturers Automate their Processes for Increased Efficiencies
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World FEP Heat Shrink Medical Tubing Market Analysis of Annual Sales in US$ Thousand for Years 2017 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for FEP Heat Shrink Medical Tubing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 3: World Historic Review for FEP Heat Shrink Medical Tubing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2017 through 2022 and % CAGR
  • Table 4: World 13-Year Perspective for FEP Heat Shrink Medical Tubing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2017, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for 1.6:1 by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 6: World Historic Review for 1.6:1 by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2017 through 2022 and % CAGR
  • Table 7: World 13-Year Perspective for 1.6:1 by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2017, 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for 1.3:1 by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 9: World Historic Review for 1.3:1 by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2017 through 2022 and % CAGR
  • Table 10: World 13-Year Perspective for 1.3:1 by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2017, 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Drug Delivery (Catheter) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 12: World Historic Review for Drug Delivery (Catheter) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2017 through 2022 and % CAGR
  • Table 13: World 13-Year Perspective for Drug Delivery (Catheter) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2017, 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Surgical & Vascular Instruments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 15: World Historic Review for Surgical & Vascular Instruments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2017 through 2022 and % CAGR
  • Table 16: World 13-Year Perspective for Surgical & Vascular Instruments by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2017, 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Flexible Joints (Shafting) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 18: World Historic Review for Flexible Joints (Shafting) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2017 through 2022 and % CAGR
  • Table 19: World 13-Year Perspective for Flexible Joints (Shafting) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2017, 2024 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Electrical Insulation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 21: World Historic Review for Electrical Insulation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2017 through 2022 and % CAGR
  • Table 22: World 13-Year Perspective for Electrical Insulation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2017, 2024 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 24: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2017 through 2022 and % CAGR
  • Table 25: World 13-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2017, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Market Facts & Figures
  • US FEP Heat Shrink Medical Tubing Market Share (in %) by Company: 2022 & 2030
  • 1.6:1 (Shrink Ratio) Market Share Analysis (in %) of Leading Players in the US for 2022 & 2030
  • 1.3:1 (Shrink Ratio) Competitor Revenue Share (in %) in the US: 2022 & 2030
  • FEP Heat Shrink Medical Tubing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Market Analytics
CANADA
JAPAN
  • FEP Heat Shrink Medical Tubing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • FEP Heat Shrink Medical Tubing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Market Facts & Figures
  • European FEP Heat Shrink Medical Tubing Market: Competitor Market Share Scenario (in %) for 2022 & 2030
  • 1.6:1 (Shrink Ratio) Market Share (in %) by Company in Europe: 2022 & 2030
  • 1.3:1 (Shrink Ratio) Market Share (in %) of Major Players in Europe: 2022 & 2030
  • FEP Heat Shrink Medical Tubing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Market Analytics
FRANCE
  • FEP Heat Shrink Medical Tubing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • FEP Heat Shrink Medical Tubing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • FEP Heat Shrink Medical Tubing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • FEP Heat Shrink Medical Tubing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • FEP Heat Shrink Medical Tubing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • FEP Heat Shrink Medical Tubing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • FEP Heat Shrink Medical Tubing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
BRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • FEP Heat Shrink Medical Tubing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
AFRICA
  • FEP Heat Shrink Medical Tubing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned

  • Adtech Polymer Engineering Ltd
  • APT Advanced Polymer Tubing GmbH by Masterflex Group
  • ElringKlinger Kunststofftechnik GmbH
  • Fluorotherm Polymers, Inc
  • Gremtek SAS
  • Junkosha Inc.
  • Medical Extrusion Technologies Inc.
  • Nordson Corporation
  • Optinova
  • Parker-Hannifin Corporation
  • Polyflon Technology Ltd
  • Polyfluor Plastics bv
  • Shanghai Eco Polymer Sci.&Tech. Co., Ltd
  • TE Connectivity Ltd.
  • Tef-Cap Industries Inc.
  • Teleflex Incorporated
  • Zeus Industrial Products, Inc.

Table Information