How Would The IV Tubing Sets And Accessories Market Expand In The Next Decade?

Posted by Steve Sharma on May 11th, 2021

Key players in the market are focusing on production of advanced tubing sets using medical and pharmaceutical-grade silicones and thermoplastics as raw material in order to deliver increasing level of performance. Increasing demand for smaller devices made from micro components and tubing in order to meet demand requirements in minimal invasive procedures is anticipated to provide large opportunities for market players.

The global IV tubing sets and accessories market is estimated to be valued at US$ 1.7 Bn in 2021, and is expected to exhibit a CAGR of close to 5% over the forecast period (2021 – 2031).

High occurrence of chronic diseases, for example, malignant diseases and kidney problems, demand for expanding diagnostic and therapeutic procedures, including dialysis.

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