The quest for turning the standard metal types into useful medical tubing is still a quite complicated process.
The quest for turning the standard metal types into useful medical tubing is still a quite complicated process. One of the biggest reasons behind this the choice of metal. Most of the time this choice is driven by the target application as well as the nature of the metal. Medical applications involve tubing systems that are successfully comply to the required specifications. So far, copper has been the leading metal among the range of other metals used for the production of medical tubing. With this growing popularity of copper in the production of medical tubing, the leading market players are thus expected to ramp up their production capacities in the coming years of the forecast period.
Medical copper tubing is used for the supply of medical air, carbon dioxide, oxygen, medical vacuum, nitrous oxide, and other gases. There are different types medical copper tubing such as DMW, Type L, and Type K. Theses medical copper tubings are designed as per the standards issued by ASTM. Each type determines a series of different tubing sizes with a variety of thickness. The Type K tubing possess thicker walls than that of Type L. Moreover, the inner diameter of the tubing depends on the size of the tube and thickness of the wall.
It is mandatory of all the medical copper tubing products to adhere to the regulations and mandates issued by CSA and ASTM B819. The ASTM B819 have set up the proper standards required for the thickness of medical copper tubing products. It makes them more suitable for the application of gas transfer.
Medical copper tubing material is generally utilized for supplying medical gases such as carbon dioxide, oxygen, nitrous oxide, and nitrogen. The basic fact that copper is beneficial for human health is the primary driving factor for the development of medical copper tubing market. The market is also driven by the factor that use of copper tubing allows free-flowing gas delivery without any hindrances caused by bacterial infection and corrosion of tubes. Copper tubes are favored in the medical domain because it offers significant advantage over traditional gas delivery systems in terms of uninterrupted supply of gas.
The copper tubing products are expected to comply with the regulatory norms such as ASTM B819 and CSA. The ASTM B819 regulatory standard defines the conditions for the range of wall thickness of different types of medical copper tubes that are satisfactory for medical gas systems. Thus, complying with such marketing specifications and manufacturing standards for copper tubes is anticipated to boost the market growth.
The process of manufacturing medical copper tubing is examined in detail with respect to three points. Those aspects are equipment suppliers and raw materials used, different costs associated with manufacturing such as labor cost and material cost among others, and the actual manufacturing process. Increased investments in developing better infrastructure and improvements in manufacturing output across the globe are projected to surge the growth of the global medical copper tubing market.
Global Medical Copper Tubing Market: Overview
Medical copper tubing equipment is used for the supply of medical gas, which includes oxygen, carbon dioxide, nitrogen, and nitrous oxide. The burgeoning opportunity for medical copper tubing manufacturers relies on the basic fact that copper is good for health.
The global medical copper tubing market can be analyzed by application, end-use, type, and geography.
The report on the global medical copper tubing market is a credible source of information for a telescopic view of the current status of the market. The research report includes a diligent analysis of the competitive landscape of the market including a detailed profile of key vendors in this market.
Global Medical Copper Tubing Market: Trends and Opportunities
The global medical copper tubing market is driven by the increasing demand for copper tubing for gas delivery owing to its corrosion-resistant and antibacterial properties. Copper tubing are easy to install and long lasting. However, copper tubing products should satisfy the regulatory standards such as CSA and ASTM B819. Manufacturing and marketing standards and specifications compliances met by product manufacturers are expected to fuel the market’s growth.
The type K segment led the overall industry by revenue in the recent past. The rising demand and high price factor of products account for the large share of type K segment. The oxygen application segment is expected to account for a significant share in the overall industry in the coming years. This is mainly due to the presence of a large number of individuals with respiratory disorders and an increasing number of patients that need emergency treatment. Medical vacuum, on the other hand, is expected to display the highest growth rate due to the rising use of copper tubing for the secure and adequate flow of medical vacuum at required pressure levels to gas outlets.
The hospital end-use segment accounted for the highest revenue contribution to the global medical copper tubing market in the recent past. Copper tubing is preferred for medical gas delivery in hospitals due to its benefits as compared to traditional systems. Copper tubing products are particularly advantageous for critical care patients in ICU, CCU, and OT for an uninterrupted supply of gases. However, outpatient facilities is expected to display the fastest growth rate in the medical copper tubing market. This is mainly due to the increasing use of copper tubing products for diagnostics and laboratory tests.
GET TABLE OF CONTENT OF THE REPORT
Global Medical Copper Tubing Market: Regional Outlook
The global medical copper tubing market can be analyzed with respect to the regional markets of North America, Europe, Asia Pacific, and Rest of the World. Amongst these, North America is the leading regional market for medical copper tubing.
Global Medical Copper Tubing Market: Competitive Outlook
Some leading companies in the global medical copper tubing market include Mueller Industries, Inc., J & D Tube Benders, Inc., Cambridge-Lee Industries LLC Cerro Flow Products LLC, Beacon Medaes, , Samuel, Son & Co., C&H Medical (Guangzhou) Co., Ltd., Limited, KME Germany GmbH & Co KG, Wieland Copper Products LLC, The Lawton Tube Co. Ltd, UACJ Corp., and Amico Group of Companies.
Key players in the market are focused on strategic collaborations and joint ventures to stay competitive in this market. In addition, companies in the medical copper tubing market are also focused on product improvement and expand their distribution channels to strengthen their position and maximize revenue share in the market.
GET DISCOUNT ON THE LATEST REPORT
TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.
5-Point Growth Formula
The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.
The 5-point growth formula includes the following points:
- Current and Future Threats
- Accurate Trend Analysis
- Regional Assessment
- Industrial Analogy
- COVID-19 Impact
Current and Future Threats
Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.
Accurate Trend Analysis
Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.
Regional Assessment
Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.
Industrial Analogy
The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.
COVID-19 Impact
The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.
The reports offer answers to the top 7 questions that revolve around the growth of the market
- What are the diverse growth parameters influencing the market?
- Which regions will contribute largely to the growth of the market
- What are the recent innovations and technological advancements in the market?
- What are the emerging trends across the market?
- How has COVID-19 affected the market?
- What will be the post-pandemic scenario of the market?
- What are the major threats that will dent the growth prospects of the market?
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Contact:
Rohit Bhisey
TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
Visit Site: https://www.tmrresearch.com/