Sterile Tubing Welder Market Size Is Expected To Reach USD 3.46 Billion By 2030
Posted by Neha Bora on August 11th, 2022
San Francisco, 11 Aug 2022: The Report Sterile Tubing Welder Market Size, Share & Trends Analysis Report By Mode (Automatic, Manual), By Application (Biopharmaceutical, Blood Processing), By End Use (Hospitals, Research Clinics), And Segment Forecasts, 2022 - 2030
The global sterile tubing welder market size is expected to reach USD 3.46 billion by 2030, expanding at a CAGR of 5.8% over the forecast period, according to a new report by Grand View Research, Inc. Increasing demand for blood, blood products, and biopharmaceutical products is anticipated to drive the market for sterile tubing welder.
Blood transfusion is one of the frequently performed medical procedures. Severe road traffic injuries, major surgical procedures, and hematology diseases, such as thalassemia, anemia, and leukemia, are some of the key reasons for the transfusion procedure. According to the Association for Safe International Road Travel (ASIRT) article, nearly 20 to 50 million individuals are injured or disabled in road accidents. Thus, high cases of road traffic injuries are anticipated to fuel sterile tubing welder market growth.
Wastage of collected blood due to contamination, blood bag leakages, improper storage, and lack of proper handling facilities and qualified professionals are anticipated to increase the demand for innovative and medically advanced sterile instruments, such as automated sterile tubing welders. For instance, in India, nearly 10% of blood components and around 71% of whole blood are wasted each year due to the above-stated reasons.
Access Research Report of Sterile Tubing Welder Market @ https://www.grandviewresearch.com/industry-analysis/sterile-tubing-welders-market
Sterile Tubing Welder Market Report Highlights
List of Key Players of Sterile Tubing Welder Market
Access Press Release of Sterile Tubing Welder Market @ https://www.grandviewresearch.com/press-release/global-sterile-tubing-welder-market
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About the AuthorNeha Bora
Joined: September 16th, 2019
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