How Proficiently Would The Key Player Drive The IV Tubing Sets And Accessories Market?

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How Proficiently Would The Key Player Drive The
IV Tubing Sets And Accessories Market?
Report Id PMRREP20608 Category Life Science
Healthcare
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North America to remain dominant in the global
parenteral medical nutrition market

• Rising geriatric population across regions is
  expected to drive demand for IV tubing sets and
  accessories, since people aged above 60 years are
  at a high risk of developing cancer. As indicated
  by a World Health Organization (WHO) report,
  around 23.6 million new instances of chronic
  diseases are projected to be accounted for
  worldwide by 2031. High occurrence of chronic
  diseases, for example, malignant diseases and
  kidney problems, demand for expanding diagnostic
  and therapeutic procedures, including dialysis.
• 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).

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