The COVID-19 pandemic is expected to drive the requirement for drug delivery systems, such as spacer devices, nebulizers, and nasogastric tubes among others. The Glass Shop of Mayo Clinic has experienced an upsurge in requirement for glass nebulizers, whereas other establishments are seeing augmented demand for equipment’s with tubing apparatuses, such as ventilators, because of the COVID-19 pandemic.
Moreover, the economic crisis after the pandemic might lead to a significant delay in the commercial roll-out of the healthcare industry. Small and medium-scale companies are the backbone of technology providers and are witnessing a steep drop in revenue since the emergence of the pandemic. Thus, the COVID-19 pandemic has had a positive impact on the global medical tubing market.
For instance, in May 2020, according to National Center for Biotechnology Information, during the COVID-19 public health emergency, the U.S. FDA has taken many actions to help ensure that patients and health care providers have timely and continued access to high-quality medical devices to respond effectively. In the U.S., the length of IV tubes was increased in the hospital to be placed outside the hospital rooms due to the highly contagious nature of the Covid-19 pandemic.
Hence, market players faced numerous challenges as disruptions in the supply chain were observed. However, things will improve in the second half of 2022 as more supplies will come online. The use of plastics with replacement of metals is anticipated to augment the growth of the Global Medical Tubing Market during the forecast period. Most of the healthcare products manufacturers are gradually shifting towards opting for plastics as a substitute for metals owing to the benefits it offer. Plastics have higher tensile strength, offer superior design flexibility, and reduce manufacturing costs and times along with lower packaging and shipping costs.
Hence, it is widely used in the production of medical tubes like vascular catheters, conduits and stent holders. However, stringent and time-consuming approval process may hamper the growth of the market in near future. Moreover, the increase in innovation and customization of polymers and tubing structure will further support the growth of the market.
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