A mix of clouds and sun early, then becoming cloudy later in the day. High 57F. Winds light and variable..
Cloudy with occasional showers late at night. Low around 40F. Winds SSW at 5 to 10 mph. Chance of rain 50%.
DUBLIN--(BUSINESS WIRE)--Mar 28, 2022--
The "North America Biopharmaceutical Tubing Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Plastic, Metal, and Silicone) and Application (Pharmaceutical, Medical Devices, Research and Development, and Others)" report has been added to ResearchAndMarkets.com's offering.
The silicone segment by type is estimated to lead the market growth.
North America Biopharmaceutical Tubing Market is expected to reach US$ 3,090.82 million by 2028 from US$ 1,803.70 million in 2021 and is estimated to grow at a CAGR of 8% from 2021 to 2028.
Increase in life expectancy is leading to rise in geriatric population in the world. This rise in elderly population has led to an increase in the geriatric ailments, thus generating a greater demand for diagnostic equipment and drug delivery systems. It is also increasing the incidence of urological conditions that require catheterization.
Medical professionals are also encouraging self-catheterization to reduce the cost and period of hospitalization as well as to avert the risk of healthcare-associated infections (HAI). Aging is also a main factor that contributes to the increase in chronic diseases that might lead to the need for interventions that require admission to ICUs.
Thus, rapid growth in the geriatric population is directly proportional to the rising demand for medical devices that incorporate tubing, drug delivery, dialysis and cardiac bypass, peristaltic pump, and sterile filling and dispensing systems, thereby driving the adoption of biopharmaceutical tubing systems.
Also, popularity of minimally invasive surgical procedures has increased in the recent years owing to the benefits such as tiny incisions, faster recovery of patients, and less discomfort caused to the patients. The growing prevalence of arthritis, cancer, and cardiovascular diseases, all of which require extensive surgical treatments, has boosted the demand for minimally invasive procedures. As a result, there is an enormous demand for catheters and biopharmaceutical tubing, among other components.
Further, biopharmaceutical tubing systems are reasonably priced and aid in time-saving procedures. For example, employing catheter tubing for cardiac and urine catheterization significantly lowers the time required for the medical or surgical operation. Therefore, the growing demand for minimally invasive medical procedures and focus on increasing the efficiency of these procedures play an important role in propelling the demand for biopharmaceutical tubing.
The North American region is highly affected due to the outbreak of the COVID-19 pandemic. The market players in North America are taking initiatives to combat the pandemic. For instance, Saint-Gobain Life Sciences, a US-based biopharmaceutical tubing company, identified the products that can fight against COVID-19 and have given them a priority.
The company placed priority on delivering orders for COVID-19 products, including single-use assemblies for the development of new vaccines and therapies as well as components for life-saving medical devices, such as ventilators and infusion pumps; thus, there is rising demand for medical devices that incorporate tubing.
Therefore, the growing demand for medical devices that incorporate tubing in North America is likely to boost the growth of the biopharmaceutical tubing market.
The North America biopharmaceutical tubing market, by type, is segmented into plastic, metal, and silicone. Based on application, the North America biopharmaceutical tubing market is segmented into pharmaceutical, medical devices, research and development, and others. Geographically, the North America biopharmaceutical tubing market can be bifurcated into U.S., Canada and Mexico.
For more information about this report visit https://www.researchandmarkets.com/r/9tplwg
View source version on businesswire.com:https://www.businesswire.com/news/home/20220328005738/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: MEDICAL SUPPLIES HEALTH
http://www.businesswire.com/news/home/20220328005738/en
Your comment has been submitted.
There was a problem reporting this.
Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another person will not be tolerated. Be Truthful. Don't knowingly lie about anyone or anything. Be Nice. No racism, sexism or any sort of -ism that is degrading to another person. Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts. Share with Us. We'd love to hear eyewitness accounts, the history behind an article.
Get up-to-the-minute news sent straight to your device.
Please disable your ad blocker, whitelist our site, or purchase a subscription
News from around the State and World. What you need to know for today! Don't Miss it!
Find out what's happening around the state with this weekly email alert sent every Thursday evening!
Sign up to get our statewide obits delivered to your inbox daily.
Sign up to receive our daily newsletter about all things business and politics in West Virginia.
Morgantown News Delivered Each Day!
Morgantown News Delivered to Your Inbox Each Week!
Special offers from businesses around your area.
Get the latest headlines on local WVU, College and High School sports!
Get latest breaking news from around the state when it happens.
Daily News, Sports and Events from The ET.
Sign up for the only WV Government and Business newsletter delivered each week!
This week's most popular news from around the State. Don't Miss it!
Daily News, Sports and Events for Marion County.
Weekly Fairmont news emailed every Thursday evening!
Daily News, Sports and Events for Garrett County and surrounding areas.
Find out what's happening in Garrett County with this weekly email alert!
Daily News, Sports and Events for Preston County.
Weekly email alert sent every Thursday evening for Preston County!
Daily News, Sports and Events for Weston and Surrounding areas.
Sign up for local job offers sent to your inbox.
Your account has been registered, and you are now logged in.
Check your email for details.
Invalid password or account does not exist
Submitting this form below will send a message to your email with a link to change your password.
An email message containing instructions on how to reset your password has been sent to the e-mail address listed on your account.
Your purchase was successful, and you are now logged in.
A receipt was sent to your email.