Global Sterile Tubing Welder Market Size study, by Mode (Manual, Automatic), by Application (Bio Pharmaceutical, Blood Processing, Diagnostic Laboratories, Others), by End-Use (Hospitals, Research Clinics, Blood Centers, Others) and Regional Forecasts 2019-2026

  • Product Code:
    RP-ID-10324748
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    200
  • Category:
    Healthcare & Pharmaceuticals
  • Publisher:
    Pub-ID-14

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

Translate Report

Global Sterile Tubing Welder Market is valued approximately at USD 2.1 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 5% over the forecast period 2020-2026. Sterile tubing welders were assembled to create aseptic association amongst the two lengths of consistent thermoplastic tubing. In the composition for the welding process, the two ends of tubing are positioned strongly in the tube clamp assembly irrespective of whether wet tubing or dry tubing is being connected. Sterile tubing welders also bring instant and safe connection that maintains a functionally closed system. As every wafer is removed after one-time use, thus cross contamination is negligible. Further, the welders can be utilized in blood banks for blood center applications or blood bag type tubing. It can also be used in biotechnology applications which involve larger bore tubing. The sample is transmitted or inserted directly into a sterile tube, which is then required to be firmly capped and further transferred for testing in a laboratory. Rise in demand for blood and blood-based products, surging investments in R&D projects, along with the increasing utilization of single-use technologies are the few factors responsible for high CAGR of the market over the forecast period. According to the American Society of Hematology, in the U.S., over 20 million units of red blood cells, platelets, and plasma are transfused every year to treat hematologic conditions like leukemia, sickle cell disease and severe anemia. Such high demand for blood products is expected to fuel the demand for blood processing, sterile processing, and related infrastructure thus, reinforcing the growth of sterile tubing welder market. However, availability of substitutes is one of the major factors expected to impede the growth of global sterile tubing welder market over the forecast period.

The regional analysis of global Sterile Tubing Welder Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the escalating demand for sterile and hygienic environment to avoid contamination, along with the surging requirement of sterility in blood products and drugs in the region. However, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period, due to increasing investments in research & development in the emerging economies such as China and India.

Major market player included in this report are:
Terumo BCT, Inc.
GE Healthcare
Sartorius AG
Genesis BPS
MGA Technologies
Flex Concepts, Inc.
Shanghai Lepure Biological Technology Co., Ltd.
Newage Industries, Inc.
Biomen Biosystems Company Limited
Vante Biopharm

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Mode:
Manual
Automatic

By Application:
Bio Pharmaceutical
Blood Processing
Diagnostic Laboratories
Others

By End-Use:
Hospitals
Research Clinics
Blood Centers
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026

Target Audience of the Global Sterile Tubing Welder Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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Terumo BCT, Inc.
GE Healthcare
Sartorius AG
Genesis BPS
MGA Technologies
Flex Concepts, Inc.
Shanghai Lepure Biological Technology Co., Ltd.
Newage Industries, Inc.
Biomen Biosystems Company Limited
Vante Biopharm
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I want to buy this report
I am willing to know the scope of research
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