PUBLISHER: The Business Research Company | PRODUCT CODE: 1526835
PUBLISHER: The Business Research Company | PRODUCT CODE: 1526835
A sterile tubing welder is a specialized apparatus employed in the biopharmaceutical, medical, and laboratory sectors to join two segments of thermoplastic tubing while preserving sterility. Its role is to safeguard the internal sterility of the tubing throughout the welding process, a critical aspect in preventing contamination in procedures involving sterile fluids.
The primary modes of sterile tubing welders include manual and automatic varieties. A manual sterile tubing welder is a tool utilized to connect sterile tubing manually, commonly found in laboratory or small-scale production environments. These welders are applied in various settings, including biopharmaceuticals, blood processing, diagnostic laboratories, and others, catering to end users such as hospitals, research clinics, and blood centers.
The sterile tubing welder research report is one of a series of new reports from The Business Research Company that provides sterile tubing welder market statistics, including the sterile tubing welder industry's global market size, regional shares, competitors with a sterile tubing welder market share, detailed sterile tubing welder market segments, market trends and opportunities, and any further data you may need to thrive in the sterile tubing welder industry. This sterile tubing welder market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The sterile tubing welder market size has grown strongly in recent years. It will grow from $2.19 billion in 2023 to $2.34 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to increased demand for biopharmaceuticals, rise in chronic diseases, innovations in medical devices, stringent regulatory standards, and globalization of healthcare.
The sterile tubing welder market size is expected to see strong growth in the next few years. It will grow to $3.05 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The anticipated growth in the forecast period is linked to the expanding biotechnology sector, the swift growth of the pharmaceutical industry, heightened attention to patient safety, the emergence of advanced materials, and the transition towards automation and robotics. Significant trends in this period include the uptake of single-use systems, the integration of automation and robotics, the advancement of sterilization technologies, the broadening of bioprocessing capabilities, and a focus on environmentally friendly and sustainable solutions.
The expanding pipeline of biologics is anticipated to drive the advancement of the sterile tubing welder market in the future. Biologics encompass medicinal products sourced from living organisms or their constituents, such as vaccines, blood derivatives, gene therapies, tissues, and recombinant therapeutic proteins. This growth in biologics is fueled by advancements in biotechnology and a deeper understanding of disease mechanisms. Sterile tubing welders play a crucial role in the production of biologics by facilitating aseptic connections, thereby ensuring the integrity of fluid transfer systems essential for preserving product purity. For example, in January 2024, as reported by the National Library of Medicine, the Food and Drug Administration (FDA) sanctioned 55 new drugs, including 29 new chemical entities (NCEs) and 25 new biological entities (NBEs), marking a 50% surge from the 37 approvals in 2022. Hence, the burgeoning biologics pipeline is fostering the expansion of the sterile tubing welder market.
The surge in chronic diseases prevalence is anticipated to drive the expansion of the sterile tubing welder market in the foreseeable future. Chronic diseases denote persistent health conditions that develop gradually and endure over a prolonged duration, typically necessitating continuous medical attention and management. The uptick in chronic diseases occurrence is attributed to aging demographics, unhealthy lifestyle habits (such as poor dietary choices, sedentary lifestyles, and smoking), environmental influences, and enhanced detection and diagnostic capabilities. Sterile tubing welders are instrumental in producing intravenous therapies and other sterile medical treatments for chronic diseases, ensuring the delivery systems remain free from contamination. For example, in January 2024, as reported by the Australian Institute of Health and Welfare (AIHW), roughly 20,000 fatalities in Australia were associated with chronic kidney disease, constituting 12% of the total mortality rate in 2021. Hence, the rise in chronic diseases prevalence is fueling the growth of the sterile tubing welder market.
Major companies within the sterile tubing welder market are innovating by introducing advanced products such as genderless connectors to streamline the sterile connection and disconnection processes while upholding stringent sterility standards in biopharmaceutical manufacturing settings. Genderless connectors are adaptable, sterile connectors engineered to facilitate swift and effortless sterile connections and disconnections without the need for specific male or female components. For instance, in June 2022, CPC (Colder Products Company), a US-based manufacturer of couplings and connectors, unveiled the AseptiQuik G DC Series Connector. This product is designed to optimize closed-system liquid processing for biopharmaceutical manufacturers, allowing rapid and sterile tubing connections and disconnections, even in non-sterile environments, without the necessity for supplementary equipment.
Major companies operating in the sterile tubing welder market are GE Healthcare, Terumo BCT Inc., Sartorius AG, Entegris Inc., Racer Technology, LePure Biotech, NewAge Industries, GDM Electronics, Bioengineering AG, Biopharm Engineering, Schunk Sonosystems, Hangzhou Wu Zhou Medical Equipment, Vesta Pharmaceuticals, MGA Technologies, Aseptic Group, Sunbelt Technology, Genesis BPS, Biomen Biosystems Co. Ltd., Sentinel Process Systems Inc., AdvantaPure
North America was the largest region in the sterile tubing welder market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sterile tubing welder market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the sterile tubing welder market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The sterile tubing welder market consists of sales of portable sterile tubing welders, fully automatic sterile tubing welders, single-use sterile tubing welders, bench-top sterile tubing welders, and high-performance sterile tubing welders. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Sterile Tubing Welder Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on sterile tubing welder market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for sterile tubing welder ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The sterile tubing welder market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.