Medical Copper Tubing Market

Global Market Study on Medical Copper Tubing: Increase in benevolence regarding benefits of copper to drive market expansion

Medical Copper Tubing Market Segmented By Tubing Type, Fittings, Bracketing Product Type for Hospitals, Nursing Home, Ambulatory Surgical Centers Specialty Clinics

  • June-2022
  • PMRREP29023
  • 135 Pages
  • Healthcare
  • PPT, PDF, WORD, EXCEL

Medical Copper Tubing Market Outlook (2022 - 2029)

Copper has been gaining popularity in healthcare tubing applications due to its variety of favorable features, including durability and flexibility. Copper tubes are recognized for their excellent operational pressure resistance and an unrivaled longevity, making them suitable for designing quick and efficient medical tubing systems. The Global Medical Copper Tubing market is expected to have a CAGR of 4% from USD 1,395 Million in 2022 to USD 1,841.7 Million in 2029.

Medical Copper Tubing Market Size (2022)

US$ 1,395 Mn

Projected Market Value (2029)

US$ 1,841.7 Mn

Global Market Growth Rate (2022 - 2029)

4% CAGR

Share in parent market

27.4%

Find Out More about the Report Coverage

Companies

  • Mueller Industries, Inc.
  • OmegaFlex Inc.
  • Cambridge-Lee Industries LLC
  • Lawton Tube Co. Ltd.
  • Beacon Medaes
  • UACJ Corporation
  • Mandev Tubes
  • Jiangyin Hehong Precision Technology Co., Ltd.

Medical Copper Tubing Market Demand Analysis (2014-2021) v/s Market Outlook (2022 - 2029)

Among several metals used for medical tubing, copper is the most common one. As such, the market players are likely to increase their production capacity during the forecast period. Medical copper tubing is required to deliver medical gases such as air, carbon dioxide, oxygen, medical vacuum, nitrous oxide, and others. The key factor driving the growth of the medical copper tubing market is the simple truth that copper is good for human health. Moreover, increasing expenses for establishing better infrastructure and improvements in industrial output around the world are driving the market.

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Key Drivers to the Medical Copper Tubing Market

  • Increased Adoption of Medical Copper Tubing

Medical copper tubing is widely used in the healthcare sector for patient treatment, and to operate healthcare systems that supply liquids and gases throughout surgeries because they are simple to install and incredibly durable, efficient, and are also low-maintenance. Furthermore, medical copper tubing adoption has increased over the years for the delivery of patient care at dental clinics and it is also used in several medical processes across a wide range of end-user industries, which is projected to drive demand for medical copper-based tubing over the forecast period.

  • Increased Number of Surgeries

An increase in the adoption of minimally invasive surgery equipment has increased the demand for medical gases among various hospitals and specialized clinics fueling the expansion of the medical copper tubing market. Moreover, the increasing geriatric population and the other health-related issues that lead to surgery have increased rapidly, boosting the demand for medical copper tubing. The rapidly increasing number of surgeries performed globally is increasing the demand for medical gases and projected to promote the growth of the medical copper tubing market.

medical-copper-tubing-market

  • Increased Need for Low Coefficient of Friction

The rising necessity for a low coefficient of friction on both sides of the tube as per specification is one of the major factors driving the growth of the medical copper tubing market. Companies are relying on additives, primarily thermoplastic elastomers, to lower the coefficient of friction and improve the lubricity quotient of the tube. The rising demand for customized low coefficient of friction on either side of the tubing is likely to drive market growth in the upcoming period.

  • Rise of e-Commerce

e-Commerce remains a huge phenomenon that impacts sales and distribution in every industry. Companies of medical copper tubing are also exploring profitable opportunities in the e-Commerce market. Several market players are progressively embracing e-Commerce platforms to increase their reach and gain a competitive advantage in new medical copper tubing markets. Furthermore, several market players have increased the media attention to their product offerings through online channels. The rise in e-Commerce in the Medical Copper Tubing Market is likely to stimulate market growth in the near future.

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Competitive Landscape

The Medical Copper Tubing Market is competitive with the presence of several big players. Manufacturers in the Medical Copper Tubing market are implementing various strategies to increase their market share and expand product offering. The key players in the Medical Copper Tubing Market are also focusing on e-commerce and providing customized products to increase their sales.

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Medical Copper Tubing Market Industry Report Scope

Attribute

Details

Forecast Period

2022 - 2029

Historical Data Available for

2014-2021

Market Analysis

US$ Mn/Bn for Value

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Key Countries Covered

  • U.S.
  • Canada
  • Germany
  • Italy
  • France
  • U.K.
  • Spain
  • Russia
  • India
  • China
  • Japan
  • UAE
  • Australia

Key Market Segments Covered

By End User

Key Companies Profiled

  • Mueller Industries, Inc.
  • OmegaFlex Inc.
  • Cambridge-Lee Industries LLC
  • Lawton Tube Co. Ltd.
  • Beacon Medaes
  • UACJ Corporation
  • Mandev Tubes
  • Jiangyin Hehong Precision Technology Co., Ltd.

Customization & Pricing

Available upon Request

Medical Copper Tubing Market Categorization

Medical Copper Tubing Market by Product Type

  • Tubing Type
    • L Type
    • K Type
  • Fittings
    • Elbows
    • Couplers
    • Tees
    • Crosses
    • Ends
  • Bracketing
    • Munsen rings
    • Drop rods
    • Backplates
    • Saddles

Medical Copper Tubing Market by End User

  • Hospitals
  • Nursing Home
  • Ambulatory Surgical Centers Specialty Clinics

Medical Copper Tubing Market by Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)

- FAQs -

In 2022, the Medical Copper Tubing Market value stands at USD 1,395 million, and it is expected to reach USD 1,841.7 million by 2029 at a CAGR of 4%.

Medical Copper Tubing Market exhibited a CAGR of 3.4% between 2014 and 2021.

Increased number of surgeries and an increase in the adoption of Medical Copper Tubings are the key factors driving the growth of the market.

Mueller Industries, Inc., OmegaFlex Inc., Cambridge-Lee Industries LLC, and Lawton Tube Co. Ltd. are among the top players in the market.

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