FEP Heat Shrink Medical Tubing Market

FEP Heat Shrink Medical Tubing Market worth $146 Million by 2024

The report "FEP Heat Shrink Medical Tubing Market by shrink ratio (1.3:1, 1.6:1), Application (Drug delivery devices (catheters), Surgical and Vascular Instrument, Flexible Joints, Electrical Insulation) - Global Market Forecast to 2024" The FEP heat shrink medical tube market size is estimated to be USD 103 Million in 2019 and projected to reach USD 146 Million, by 2024, at a CAGR of 7.2%. FEP heat shrink medical tubing is used as a protective covering and coating of medical devices. The chemical inertness, high thermal resistance, and moisture resistance of this type of medical tubing are suitable for coating, encapsulation, and tube joining and covering of a surgical and vascular instrument. The demand for these instruments has risen since the demand for minimally invasive surgical procedures is on the rise.

Browse 110 market data Tables and 29 Figures spread through 121 Pages and in-depth TOC on "FEP Heat Shrink Medical Tubing Market by shrink ratio (1.3:1, 1.6:1), Application (Drug delivery devices (catheters), Surgical and Vascular Instrument, Flexible Joints, Electrical Insulation) - Global Market Forecast to 2024"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/fep-heat-shrink-medical-tubing-market-88280405.html

1.6:1 shrink ratio is the most demanded heat shrink ratio for the FEP heat shrink medical tubing   market.

The 1.6:1 heat shrink ratio is the most preferred heat shrink ratio in the industry as it can cover more irregular shaped parts, and it also reduces the downtime required to apply on the medical devices. The use of 1.6:1 shrink ratio is more common in microcatheters, surgical and vascular instruments, and medical shafting, among others.

Drug Delivery Devices is the largest and fastest-growing application for the FEP heat shrink medical tubing market.

Drug delivery devices are the largest application for the FEP heat shrink medical tubing market. This can be attributed to its usage in microcatheters. Microcatheters are specialized, thin-walled, small-bore catheters, or delivery/access devices. FEP heat shrink medical tubing is being preferred for this application as it possess chemical resistance, moisture resistance and can withstand gamma sterilization.

Shift in manufacturing facilities for medical devices from developed countries to APAC-the major driver of the FEP heat shrink medical tubing market.

APAC is estimated to be the fastest-growing market for FEP heat shrink medical tubing. The high growth rate of the market in the region is attributed to the shifting of medical device manufacturing facilities from developed countries to developing countries, especially in India and China. This shift is due to the availability of cheap labor, supportive government policies. The major countries covered for the forecast are China, Japan, and India. India is the fastest-growing market for the FEP heat shrink medical tubing market during the forecast period due to its significant growth in FDI and increased healthcare expenditure.

The key companies profiled in the FEP heat shrink medical tube market report are Zeus Industries products ltd. (US, TE Connectivity (US), Parker-Hannifin (US), Teleflex Inc. (US), Junkosha Inc. (Japan), Elringklinger Kunststofftechnik GmbH (Germany), Medical Extrusion Technologies, Inc. (US), Polyflon Technology Ltd (UK), Polyfluor Plastics bv (Netherlands), Tef-Cap Industries Inc (US), Optinova(US)

Don’t miss out on business opportunities in FEP Heat Shrink Medical Tubing Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

FEP Heat Shrink Medical Tubing Market Size,  Share & Growth Report
Report Code
CH 7579
PR Published ON
3/12/2020
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the FEP Heat Shrink Medical Tubing Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2023 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status
...

Digital Virtual Assistant - MarketsandMarkets

Home