Medical Tubing Market Key Insights Top Players and 2023 Industry Trends
Author:
Intellectual Market Insights Research
Published Date:
16 Dec 2024

Medical Tubing Market Key Insights Top Players and 2023 Industry Trends

 

According to a comprehensive study by Intellectual Market Insights Research, the Global Medical Tubing Market size was valued at USD 11.85 Billion in 2021 and is projected to reach USD 19.53 Billion by 2028, growing at a CAGR of 7% from 2021 to 2028.

Medical Tubing Market Size, Share & Trends Analysis Report By Product, By Application, Global Economy Insights, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2023 - 2031.

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  1. Compagnie de Saint-Gobain S.A.

 

  • Founded: 1665
  • Headquarters: Courbevoie, France
  • Website: saint-gobain.com
  • About Us: A global manufacturer of innovative materials, including medical tubing, serving various industries.
  • Employees: 168,000
  • Revenue (2023): $51 billion

 

  1. Teleflex Incorporated

 

  • Founded: 1943
  • Headquarters: Wayne, Pennsylvania, USA
  • Website: teleflex.com
  • About Us: A provider of single-use medical devices for diagnostics and surgery.
  • Employees: 14,000
  • Revenue (2023): $3.1 billion

 

  1. Zeus Industrial Products, Inc.

 

  • Founded: 1966
  • Headquarters: Orangeburg, South Carolina, USA
  • Website: zeusinc.com
  • About Us: Leader in advanced polymer solutions, including medical tubing.
  • Employees: 2,000
  • Revenue: $400 million

 

  1. The Lubrizol Corporation

 

  • Founded: 1928
  • Headquarters: Wickliffe, Ohio, USA
  • Website: lubrizol.com
  • About Us: A Berkshire Hathaway company offering healthcare polymers and medical tubing solutions.
  • Employees: 8,000
  • Revenue (2023): $7 billion

 

  1. Nordson Corporation

 

  • Founded: 1954
  • Headquarters: Westlake, Ohio, USA
  • Website: nordson.com
  • About Us: Supplies precision dispensing equipment and medical tubing.
  • Employees: 8,200
  • Revenue (2023): $2.6 billion

 

  1. Smiths Group plc

 

  • Founded: 1851
  • Headquarters: London, UK
  • Website: smiths.com
  • About Us: Operates in medical technology and industrial markets, including tubing.
  • Employees: ~22,000
  • Revenue (2023): ~$3 billion

 

  1. Freudenberg Medical

 

  • Founded: 1849 (parent company Freudenberg Group)
  • Headquarters: Kaiserslautern, Germany
  • Website: freudenbergmedical.com
  • About Us: Provides high-performance medical tubing and solutions for minimally invasive devices.
  • Employees: 50,000
  • Revenue (2023): ~$12 billion?

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  1. Tekni-Plex, Inc.

 

  • Founded: 1967
  • Headquarters: Wayne, Pennsylvania, USA
  • Website: tekni-plex.com
  • About Us: Offers advanced medical tubing solutions alongside packaging for pharmaceuticals and devices.
  • Employees: 7,000
  • Revenue (2023): $1 billion?

 

  1. Raumedic AG

 

  • Founded: 2004
  • Headquarters: Helmbrechts, Germany
  • Website: raumedic.com
  • About Us: Specializes in extrusion, injection molding, and medical tubing systems.
  • Employees: 900
  • Revenue: $ 135 Million

 

  1. Elkem ASA

 

  • Founded: 1904
  • Headquarters: Oslo, Norway
  • Website: elkem.com
  • About Us: Produces specialty silicones, including medical-grade tubing materials.
  • Employees: 6,800
  • Revenue (2023): ~$4 billion USD?

 

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