Market Size of Sterile Tubing Welder Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.00 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Sterile Tubing Welder Market Analysis
The sterile tubing welder market is expected to register a CAGR of 4% during the forecast period.
The outbreak of COVID-19 positively impacted the market due to the increasing use of sterilized hospital supplies and instruments to avoid contamination with coronavirus. Additionally, blood testing helps diagnose infectious diseases, such as COVID-19. Testing remains a crucial step in controlling the COVID-19 pandemic. As the number of COVID-19 cases increased worldwide, governments were exploring the possibility of allowing private laboratories to ramp up blood testing. People with weak immune systems, infected by COVID-19 and hospitalized, were in need of blood/plasma transfusion.
Market growth is attributed to increasing R&D expenditure and the growing demand for sterile tubing welders across hospitals and research clinics. The rising adoption of single-use technologies and increasing demand for blood and blood products also fuel the growth of the market. According to a 2021 report published by the National Institute of Health (NIH), an estimated 15 million units were transfused in 2021 in the United States. These were transfused for the treatment of hematologic disorders, such as anemia, leukemia, and sickle cell diseases.
An increase in blood transfusions led to a high demand and adoption of blood products, thus promoting the growth of the market. Moreover, the contamination of blood results in wastage, improper storage, and lack of proper handling associated with blood processing. These factors also boost the demand for automated sterile tubing welder, further driving the market.
Additionally, R&D expenditure across the pharmaceutical industry is increasing worldwide. For instance, data from clinicaltrials.gov suggests that over 6,000 pharmaceutical products were being evaluated worldwide as of 2022. With this, the spending on pharmaceutical R&D increased drastically. As pharmaceutical expenditure is on the rise, sterile tubing welwelders are believed to increase in the coming years, which will contribute to significant market growth.
However, the presence of alternatives for sterile tubing welders is expected to hinder market growth over the forecast period.
Sterile Tubing Welder Industry Segmentation
As per the scope of the report, sterile tubing welders are used in diagnostic laboratories and in clinical environments to form sterile tubing connections, which permit sterile transfers and use them for the production of various biopharmaceutical drugs. The sterile tubing welder market is segmented by mode (automatic, manual), applications (blood processing, biopharmaceuticals, diagnostic laboratories), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The report offers market size and forecast values in USD million for the above segments.
| By Mode | |
| Automatic | |
| Manual |
| By Applications | |
| Blood Processing | |
| Biopharmaceuticals | |
| Diagnostic Laboratories | |
| Other Applications |
| By End Users | |
| Hospitals | |
| Research Clinics | |
| Other End Users |
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Sterile Tubing Welder Market Size Summary
The sterile tubing welder market is poised for steady growth, driven by increasing research and development expenditures and the rising demand for sterile tubing welders in hospitals and research clinics. The market's expansion is further fueled by the growing adoption of single-use technologies and the heightened need for blood and blood products, particularly in the wake of the COVID-19 pandemic. The pandemic underscored the importance of sterilized hospital supplies to prevent contamination, thereby boosting the market. Additionally, the need for blood transfusions and the prevention of blood contamination have led to a surge in demand for automated sterile tubing welders. The pharmaceutical industry's increasing R&D spending is also expected to contribute significantly to market growth, despite the presence of alternative solutions that may pose challenges.
The biopharmaceutical segment is anticipated to experience rapid growth, with sterile tubing welders playing a crucial role in advanced biomanufacturing processes. Major players like Sartorius, Aseptic Group, and Vante Biopharm are providing innovative solutions to meet the demands of this sector. North America is expected to hold a significant share of the global market, supported by a strong healthcare infrastructure, technological advancements, and a rising prevalence of chronic diseases. The presence of key companies in the region, particularly in the United States and Canada, is likely to drive market growth. The competitive landscape is characterized by several major players, including Cytiva, Terumo BCT, and MGA Technologies, who are actively expanding their offerings to capture a larger market share.
Sterile Tubing Welder Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing R&D Expenditure
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1.2.2 Growing Demand across Hospitals and Research Clinics
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1.3 Market Restraints
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1.3.1 Presence of Alternatives
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1.4 Porter's Five Force Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Mode
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2.1.1 Automatic
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2.1.2 Manual
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2.2 By Applications
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2.2.1 Blood Processing
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2.2.2 Biopharmaceuticals
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2.2.3 Diagnostic Laboratories
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2.2.4 Other Applications
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2.3 By End Users
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2.3.1 Hospitals
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2.3.2 Research Clinics
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2.3.3 Other End Users
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.2 Europe
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2.4.2.1 Germany
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2.4.2.2 United Kingdom
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2.4.2.3 France
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2.4.2.4 Italy
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2.4.2.5 Spain
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2.4.2.6 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 India
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2.4.3.4 Australia
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2.4.3.5 South Korea
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2.4.3.6 Rest of Asia-Pacific
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2.4.4 Middle East and Africa
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2.4.4.1 GCC
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2.4.4.2 South Africa
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2.4.4.3 Rest of Middle East and Africa
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2.4.5 South America
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2.4.5.1 Brazil
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2.4.5.2 Argentina
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2.4.5.3 Rest of South America
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Sterile Tubing Welder Market Size FAQs
What is the current Sterile Tubing Welder Market size?
The Sterile Tubing Welder Market is projected to register a CAGR of 4% during the forecast period (2024-2029)
Who are the key players in Sterile Tubing Welder Market?
Cytiva (GE Healthcare), TERUMO BCT, INC., Genesis BPS, MGA Technologies and SARTORIUS AG are the major companies operating in the Sterile Tubing Welder Market.
