The research reports on “Medical Tubing Market” report gives detailed overview of factors that affect global business scope. Medical Tubing Market report shows the latest market insights with upcoming trends and breakdowns of products and services. This report provides statistics on the market situation, size, regions and growth factors.
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The Global Medical Tubing Market is estimated to reach USD 9.38 Billion by 2022 from USD 6.10 Billion in 2017,at a CAGR of 9.0% from 2017 to 2022.
Top Companies Profiled in the Medical Tubing Market:
- ExxonMobil (US)
- Lyondell Basell (Netherlands)
- DowDuPont (US)
- SABIC (Saudi Arabia)
- INEOS (Switzerland)
- Solvay (Belgium)
- Formosa Plastics (Taiwan)
- Chevron (US)
- Eastman (US)
- China Petroleum (China)
- LG Chem(South Korea)
- Reliance Industries (India)
The strong silicone-oxygen structure of silicone allows it to have properties such as biocompatibility, superior temperature & chemical resistance, good mechanical & electrical properties, and natural clarity or translucence. Silicone is flexible, has high tear & tensile strength, and a wide range of surface hardness.
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Drug delivery system is expected to be the fastest-growing market for medical tubing. Drug delivery is a method or approach used to deliver drugs or medications to achieve a therapeutic effect in humans or animals. This can be used for the treatment or diagnosis of numerous diseases such as diabetes, kidney failure, heart diseases, and others.