May 15, 2020
According to the research report titled ‘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’, available with Market Study Report LLC, global sterile tubing welder market was worth USD 2.1 billion in 2018 and is anticipated to record a y-o-y growth rate of 5% during 2020-2026.
Notably, sterling tubing welders are used to develop an aseptic association between the two lengths of thermoplastic tubing. These two ends of tubing are placed in a tube clamp regardless of whether dry tubing or wet tubing is being connected.
Growing demand for blood & blood components, increasing investments towards R&D activities and rising adoption of single-use technologies are major factors driving the growth of sterile tubing welder industry. According to America Society of Hematology, around 20 million units of plasma, platelets and red blood cells are transfused each year for the treatment of hematologic conditions including anemia, sickle cell disease and leukemia across United States.
Sterile tubing welders offer safe and instant connection that helps in maintaining the functionality of a closed system as well as avoids cross contamination. They are also utilized in biotechnology sector in applications such as large bore tubing. Rising adoption of sterile tubing welders in blood banks for blood bag tubing or other blood centric applications is further aiding the market expansion. However, easy availability of sterile tubing welder substitutes may act as a restraining factor to the overall market growth.
As per mode type, sterile tubing welder market is divided into automatic and manual. Whereas based on application landscape, the market is bifurcated into diagnostic laboratories, blood processing, bio pharmaceutical and others. Citing the end-use spectrum, the industry is split into blood centers, research clinics and hospitals.
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In terms of the regional scope, North America sterile tubing welder industry is predicted to acquire prominent gains the forthcoming years, primarily due to growing demand for hygienic and sterile environment.
Parallelly, Asia-Pacific market is anticipated to expand substantially during the estimated timeframe. Rising investments in R&D activities across India and China is stimulating the industry outlook in the region.
The major contenders in global sterile tubing welder market are Vante Biopharm, Biomen Biosystems Co. Ltd., NewAge Industries Inc., Shanghai Lepure Biological Technology Co. Ltd., Flex Concepts Inc., MGA Technologies, Genesis BPS, Sartorius AG, GE Healthcare and Terumo BCT Inc. among others.