Sterile Tubing Welder Market, By Mode, By Application, By End-Use, By Country, and By Region - Industry Analysis, Market Size, Market Share & Forecast from 2024-2032
Sterile Tubing Welder Market size was valued at USD 2,543.42 Million in 2023, expanding at a CAGR of 5.1% from 2024 to 2032.
Two thermoplastic tubes of the same length are joined by a sterile tubing welder to create an aseptic connection between them. Two similar tube modules that fit snugly into the tube clamp assembly are welded together to form a working closed system. This equipment is widely used to produce DNA cells and blood plasma for different medical treatments in biotechnology, pharmaceuticals, blood banks, diagnostic laboratories, etc. Before being transported to the labs for more testing, the biological sample is transferred to a sealed tube.
Sterile Tubing Welder Market- Market Dynamics
Increasing demand for effective diagnostic solutions to propel market demand
The market is anticipated to expand as a result of the increasing need for accurate diagnostic tools to receive the right care for chronic illnesses. For instance, the American Cancer Society's Cancer Facts & Figures 2022 data estimates that 609,360 people will die from cancer in the US, accounting for 1.9 million new instances of the disease. Furthermore, 54.1 million people in the US were 65 years of age or older in 2019-16% of the overall population-and this number is expected to rise to 21.6% by 2040. Therefore, it is predicted that the country's rising elderly population and prevalence of chronic illnesses will open up more avenues for the creation of new drugs, which will support the market's expansion during the projected timeframe.
Sterile Tubing Welder Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 5.1% over the forecast period (2024-2032)
Based on mode segmentation, the automatic segment is expected to grow at a rapid rate over the projected period
Based on application segmentation, the blood processing segment is expected to dominate the market during the forecast period
Based on region, North America is expected to dominate the market during the forecast period
The Global Sterile Tubing Welder Market is segmented based on Mode, Application, End-Use, and Region.
Based on the mode, the market is bifurcated into automatic and manual. The automatic segment is expected to grow at a rapid rate over the projected period. Compared to manual welding procedures, automatic sterile tubing welders are more productive and efficient. By automating the welding process, these devices lower the requirement for manual labor and increase production flow. As enterprises strive for better efficiency and cost-effectiveness, the need for automatic sterile tubing welders is likely to expand.
Based on the application, the global industry is segmented into diagnostic laboratories, blood processing, biopharmaceuticals and others. The blood processing segment is expected to dominate the market during the forecast period. This is explained by the rising need for blood and blood products, which is expected to be the segment's main driver. This is explained by the increasing need for gene and cell treatments, customized medicine, and the frequency of blood diseases like hemophilia. Eighty percent of all instances of hereditary hemostasis are male, with hemophilia A affecting one in every 5,000 males, according to a February 2023 report published by the National Library of Medicine. Hemophilia A affects more than 400,000 males worldwide, and many of them receive incorrect diagnoses in nations with inadequate healthcare systems.
Based on the end-use, the market is divided into Hospitals, Blood Centers, Research Clinics and Others.
Geographically, this market is widespread in the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business. North America is expected to hold a prominent market share during the forecast period. Some of the main factors driving the market expansion in this area are the growing prevalence of chronic diseases, recent technological advancements, and the increasing need for a clean and sanitary environment to prevent infection. The National Health Council 2020 study estimates that 157 million people worldwide suffer from at least one chronic illness. The market is also driven by rising investment in the pharmaceutical and biopharmaceutical sectors. In contrast to all other manufacturing industries, the biopharmaceutical industry invests an average of six times more in R&D as a percentage of revenues. This makes the pharmaceutical sector, for instance, the most R&D-intensive business in the U.S. economy, according to the Pharmaceutical Research and Manufacturers of America. Moreover, the biopharmaceutical sector in the United States has led the way in the global development of novel pharmaceuticals. The biopharmaceutical sector in the United States as a whole spent around USD 122 billion on research and development in 2020. Market expansion is facilitated by the fact that these developed pharmaceuticals treat a multitude of significant therapeutic areas, such as hemophilia, cancer, genetic diseases, and amyotrophic lateral sclerosis.
The key players operating in the market are: GE Healthcare, Terumo BCT, Inc., Sartorius AG, MGA Technologies, Genesis BPS, Vante Biopharm / Sebra, Biomen Biosystems Co., Ltd., SynGen, Inc., Sentinel Process Systems, Inc., Shanghai Le Pure Biological Technology Co., Ltd. and Flex Concepts, Inc. among others. A few of the crucial company tactics employed by industry players to preserve and expand their worldwide reach are product releases, approvals, strategic acquisitions, and innovations.
Recent Developments:
In September 2022, Sartorius finalized the acquisition of Albumedix through its French-listed division Sartorius Stedim Biotech.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL STERILE TUBING WELDER MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
GE Healthcare
Terumo BCT, Inc.
Sartorius AG
MGA Technologies
Genesis BPS
Vante Biopharm / Sebra.
Biomen Biosystems Co., Ltd.
SynGen, Inc.
Sentinel Process Systems, Inc.
Shanghai Le Pure Biological Technology Co., Ltd.
Flex Concepts, Inc.
GLOBAL STERILE TUBING WELDER MARKET, BY MODE- MARKET ANALYSIS, 2019 - 2032
Automatic
Manual
GLOBAL STERILE TUBING WELDER MARKET, BY APPLICATION- MARKET ANALYSIS, 2019 - 2032
Diagnostic Laboratories
Blood Processing
Biopharmaceutical
Others
GLOBAL STERILE TUBING WELDER MARKET, BY END-USE- MARKET ANALYSIS, 2019 - 2032
Hospitals
Blood Centers
Research Clinics
Others
GLOBAL STERILE TUBING WELDER MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032
North America
The U.S.
Canada
Europe
Germany
France
Italy
Spain
United Kingdom
Russia
Netherlands
Sweden
Poland
Rest of Europe
Asia Pacific
India
China
South Korea
Japan
Australia
Thailand
Indonesia
Philippines
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Colombia
Rest of LATAM
The Middle East and Africa
Saudi Arabia
United Arab Emirates
Israel
Turkey
Algeria
Egypt
Rest of MEA
Table of Contents
1. Sterile Tubing Welder Market Overview
1.1. Study Scope
1.2. Market Estimation Years
2. Executive Summary
2.1. Market Snippet
2.1.1. Sterile Tubing Welder Market Snippet by Mode
2.1.2. Sterile Tubing Welder Market Snippet by Application
2.1.3. Sterile Tubing Welder Market Snippet by End-Use
2.1.4. Sterile Tubing Welder Market Snippet by Country
2.1.5. Sterile Tubing Welder Market Snippet by Region