Global Sterile Tubing Welder Market

Global Sterile Tubing Welder Market Size, Share, Growth Analysis, By Application(Biopharmaceutical, Blood Processing), By End Use(Hospitals, Research Clinics) - Industry Forecast 2022-2028


Report ID: SQSG35A2044 | Region: Global | Published Date: August, 2022 | Pages: 157 | Tables: 65 | Figures: 65

Global Sterile Tubing Welder Market Insights

Global sterile tubing welder market was valued at USD 2.25 billion in 2021, and it is expected to reach a value of USD 7.32 billion by 2028, at a CAGR of more than 4.2% over the forecast period (2022–2028).

Sterile tubing welders were created in order to aseptically connect two lengths of compatible thermoplastic tubing. Two ends of tubing from a similar module are firmly inserted into the tube clamp assembly as part of the welding setup. Sterile tubing welders produce a quick and secure connection regardless of whether dry tubing or wet tubing is being connected, maintaining a functionally closed system.

The rising number of blood transfusions and donations daily are supporting the market growth. According to recent studies by WHO, there happens, blood donations total about 118.54 million worldwide every year. 16% of the world's population lives in high-income countries, where 40 percent of these are collected. A total of 106 million donations were reportedly collected by around 13 300 blood centers throughout 169 nations. Additionally, it is predicted that increased demand for innovative medical equipment and rising healthcare costs would both contribute to the market's expansion in the upcoming years.

Sterile tube welders can be used in biotechnology applications when larger bore tubing is involved. It is possible to install a pre-sanitized filter into a closed system when using sterile tubing welders for the biopharmaceutical manufacturing of bulk drug substances, which is expected to drive the market for sterile tubing welders in the years to come. The main factor driving the sterile tubing welder market may be the fact that these devices are made to comply with current regulations and standards in order to maintain the shelf life of blood products. Sterile connections to cell cultures and fermenters can be made in laboratories with the aid of sterile tubing welders, and the triggered use is projected to advance the sterile tubing welder market.

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Global Sterile Tubing Welder Market Segmental Analysis

Global sterile tubing welder market is segmented based on the application, end use, and region. Based on application, the sterile tubing welder market is segmented into biopharmaceutical, blood processing, diagnostic laboratories, and others. Based on the end use, the sterile tubing welder market is segmented into hospitals, research clinics, blood centers, and others. Based on region, it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.

Analysis by Application

Based on application, the sterile tubing welder market is segmented into biopharmaceutical, blood processing, diagnostic laboratories, and others.  The blood processing segment commanded the majority of the market in 2021. Over the forecast period, it is projected that the segment will experience profitable growth. The main driver for the market is expected to be the rising demand for blood and blood products. Due to the high demand for cell and gene therapies, personalized medicine, and blood disorders like haemophilia, this is to be expected. For instance, nearly 1,125,000 men are thought to be affected worldwide by hemophilia. Whereas there are the larger numbrer of blood diagnosis happening regularly and which is a primitive stage in the identification of cause of disease. Thus, the diagnostic laboratories segment is expected to grow at faster rate in near future.

Analysis by End Use

Based on the end use, the sterile tubing welder market is segmented into hospitals, research clinics, blood centers, and others. In 2021, the hospitals segment dominated the global market and accounted for the highest revenue share. Due to the presence of a variety of advanced hematology-related equipment in hospital settings, the segment is anticipated to grow profitably over the course of the forecast period. The number of visits to hospital facilities for the diagnosis and treatment of blood disorders has also increased due to the availability of a variety of wide treatment options. Additionally, a significant growth rate is expected for blood centres over the forecast period. This can be attributed to an increase in the demand for blood and blood products for the treatment of various blood disorders, including leukaemia, thalassemia, severe anaemia, and others. Additionally, it is anticipated that an increase in the number of traffic accidents around the world will increase demand for blood and blood products. This, in turn, is expected to help the global market expand over the course of the forecast period.

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Global Sterile Tubing Welder Market Regional Insights

North America dominated the global market in 2021. The market in this region is expanding as a result of a number of factors, including an increase in the prevalence of chronic diseases, recent technological developments, and a high demand for sterile and hygienic environments to prevent contamination. One of the main elements fuelling the market's expansion is the rising burden of chronic diseases in the United States. A total of 157 million people are thought to have at least one chronic condition, according to the National Health Council 2020 report. The market for sterile tubing welders will grow most rapidly in North America, followed by Europe, as a result of the region's increasing demand for sterile environments to prevent contamination.

Asia Pacific held the second largest percentage of market revenue. Growth is the result of a rise in the demand for sterile tubing welders in nations like China, India, and Japan. The market for sterile tubing welders will be positively impacted by China's rapid growth in the pharmaceutical and biotechnology sectors.

Additionally, it is anticipated that the increased demand for sterility in blood products and pharmaceuticals will support the market for sterile tubing welders. The pharmaceutical industry is anticipated to be stimulated by the expected rise in diseases in Latin America and the Middle East, which will drive up demand for sterile tubing welders in the area.

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Global Sterile Tubing Welder Market Dynamics

Driver

  • Rising global blood donations and transfusions to facilitate the growth of market. Many patients do not have quick access to safe blood transfusions, despite the fact that they can save lives and enhance health. The provision of safe, adequate blood must be a part of every country's national health care policy and architecture. The World Health Organization advises that national blood supply networks be properly structured and integrated in order to coordinate all activities related to blood collection, screening, processing, storage, and distribution. The management of the national blood system should be overseen by a national blood policy and legislative framework in order to promote uniform application of standards and stability in the safety and quality of blood and blood products. 118.54 million people donate blood around the world.
  • One of the major factors driving the growth of the sterile tubing welder market is the constantly increasing healthcare infrastructure of various countries throughout the world. As a result of the increase in cancers, diseases, and disorders, governments all over the world are investing more time and money into their nations' healthcare systems. In addition, there is a rising desire for cutting-edge and innovative treatment modalities as people's disposable incomes rise. Additionally, the ongoing pandemic is compelling healthcare systems all over the world to focus their attention and allocate resources to it, requiring the industry to adjust to new issues.

Restraint

  • Stringent government regulations to hamper the growth of sterile tubing welder market. The ISO standards for blood bags do not fully define and regulate the sizes of transfer tubes for blood bags. Due to the lack of homogeneity, it may be difficult to make sterile connections between the wide range of tubes that have emerged in the absence of such standards. to validate the TSCD-applicability II's and provide bare-bones standards for assessing the viability of sterile connections (welds) between various tubing types. Clean places' cleanliness is especially important. They must be maintained frequently and thoroughly, according to a pre-approved documented regimen. Wherever possible, a variety of disinfectants should be used.

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Global Sterile Tubing Welder Market Competitive Landscape

Global sterile tubing welder market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D.

Top Players in the Global Sterile Tubing Welder Market

  • Sartorius Stedim Biotech S.A. (Germany)
  • Terumo BCT Inc (US)
  • GE Healthcare (US)
  • MGA technologies (France)
  • VANTE Biopharm (US)
  • Genesis BPS (US)
  • Wuhan bms Medicaltech Co. (China)
  • Flex Concepts Inc. (US)
  • Shanghai Le Pure Biological Technology Co., Ltd. (Shanghai)
  • NewAge Industries, Inc (US)

Recent Developments

  • In July 2022, GE Healthcare has introduced Voluson Expert 22, the latest next-generation advanced ultrasound for women’s health. The new ultrasound uses graphic-based beam former technology to provide better flexibility in imaging operations and produce higher resolution images.
  • In May 2022, Terumo BCT plans to extend factory at Port of Larne Business Park. A planning application has been lodged with Mid and East Antrim Borough Council for the extension of a factory at the Port of Larne Business Park.

Global Sterile Tubing Welder Key Market Trends

  • The high demand for personalized medicines, rising prevalence of blood disorders, rising demand for blood and blood products, and rising cell and gene therapy are all factors that are expected to contribute to sterile tubing welder's healthy growth in the future. In 2018, approximately 210,454 people were diagnosed with hemophilia, according to the World Federation of Hemophilia, which increased demand for sterile tubing welders.
  • The technological advancements are expected to favor market growth. For instance, Teramo BCT introduced the next-generation, closed-system TSCD-II welder is used to join polyvinyl chloride (PVC) tubing in any wet/dry combination. The TSCD-II welder uses wafers that heat up to 300 °C, which keeps the cutting and welding processes sterile and prevents particles or chemical residue from building up in the tubes. Fast, one-handed operation is made possible by the design, and strong materials withstand frequent use.

Global Sterile Tubing Welder Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.

According to our global sterile tubing welder market analysis, in terms of application, the segment of blood processing held the larger market share. The main driver for the market is expected to be the rising demand for blood and blood products. In terms of end use, the hospitals segment dominated the global market and accounted for the highest revenue share. Due to the presence of a variety of advanced hematology-related equipment in hospital settings, the segment is anticipated to grow profitably over the course of the forecast period.

Report Metric Details
Market size value in 2021 USD 2.25 billion
Market size value in 2028 USD 7.32 billion
Growth Rate more than 4.2%
Base year 2021
Forecast period 2022–2028
Forecast Unit (Value) USD Billion
Segments covered
  • Application
    • Biopharmaceutical, Blood Processing, Diagnostic Laboratories, Others
  • End Use
    • Hospitals, Research Clinics, Blood Centers, Others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Sartorius Stedim Biotech S.A. (Germany)
  • Terumo BCT Inc (US)
  • GE Healthcare (US)
  • MGA technologies (France)
  • VANTE Biopharm (US)
  • Genesis BPS (US)
  • Wuhan bms Medicaltech Co. (China)
  • Flex Concepts Inc. (US)
  • Shanghai Le Pure Biological Technology Co., Ltd. (Shanghai)
  • NewAge Industries, Inc (US)
Customization scope

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  • Region

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Global Sterile Tubing Welder Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Global Sterile Tubing Welder Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Global Sterile Tubing Welder Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Sterile Tubing Welder Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Sterile Tubing Welder Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global Sterile Tubing Welder Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQ's

Global sterile tubing welder market was valued at USD 2.25 billion in 2021, and it is expected to reach a value of USD 7.32 billion by 2028, at a CAGR of more than 4.2% over the forecast period (2022–2028).

Global sterile tubing welder market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Sartorius Stedim Biotech S.A. (Germany)', 'Terumo BCT Inc (US)', 'GE Healthcare (US)', 'MGA technologies (France)', 'VANTE Biopharm (US)', 'Genesis BPS (US)', 'Wuhan bms Medicaltech Co. (China)', 'Flex Concepts Inc. (US)', 'Shanghai Le Pure Biological Technology Co., Ltd. (Shanghai)', 'NewAge Industries, Inc (US)'

Rising global blood donations and transfusions to facilitate the growth of market. Many patients do not have quick access to safe blood transfusions, despite the fact that they can save lives and enhance health. The provision of safe, adequate blood must be a part of every country's national health care policy and architecture. The World Health Organization advises that national blood supply networks be properly structured and integrated in order to coordinate all activities related to blood collection, screening, processing, storage, and distribution. The management of the national blood system should be overseen by a national blood policy and legislative framework in order to promote uniform application of standards and stability in the safety and quality of blood and blood products. 118.54 million people donate blood around the world.

The high demand for personalized medicines, rising prevalence of blood disorders, rising demand for blood and blood products, and rising cell and gene therapy are all factors that are expected to contribute to sterile tubing welder's healthy growth in the future. In 2018, approximately 210,454 people were diagnosed with hemophilia, according to the World Federation of Hemophilia, which increased demand for sterile tubing welders.

North America dominated the global market in 2021. The market in this region is expanding as a result of a number of factors, including an increase in the prevalence of chronic diseases, recent technological developments, and a high demand for sterile and hygienic environments to prevent contamination. One of the main elements fuelling the market's expansion is the rising burden of chronic diseases in the United States. A total of 157 million people are thought to have at least one chronic condition, according to the National Health Council 2020 report. The market for sterile tubing welders will grow most rapidly in North America, followed by Europe, as a result of the region's increasing demand for sterile environments to prevent contamination.

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Global Sterile Tubing Welder Market

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