Australia Medical Tubing Market Trends In Australia Driven By Growing Prevalence Of Chronic Diseases

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The medical tubing market in Australia is witnessing significant growth over the past few years owing to the growing prevalence of chronic diseases like diabetes and cardiovascular diseases in the country. Medical tubing finds widespread application in a variety of medical devices including enteral feeding pumps & tubes, oxygen cannulae, IV & drainage tubing, biopsy tubes, and drug delivery devices among others.
Manufactured using materials such as PVC, TPE, TPU, and Silicon, these tubing offer advantages like flexibility, biocompatibility, and durability which make them suitable for complicated medical procedures. Rising healthcare spending and availability of advanced medical devices have fueled the demand for high-quality tubing to deliver pharmaceuticals, medical gases, nutrition, and drainage in the Australia healthcare sector.
Australia medical tubing market in Australia is estimated to be valued at US$ 599.47 Mn in 2024 and is expected to exhibit a CAGR of 8.6% over the forecast period 2024-2031.

Key Takeaways
Key players operating in the medical tubing market in Australia are Abbott, ...
... Dexcom, Inc., Medtronic, Senseonics, Inc., F. Hoffmann-La Roche Ltd., GLUCOVATION, INC., Nemaura Medical Inc., GlySens, GlucoModicum, and Signos, Inc.
The growing prevalence of chronic diseases like diabetes is a key factor fueling the demand for medical devices integrated with tubing. As per a recent study, over 1 million Australians suffer from diabetes with the numbers expected to rise exponentially over the next decade. This has resulted in increased sales of devices like insulin pumps, glucose monitors, and dialysis machines which use specialized tubing.
Major companies are expanding their production capacities and distribution networks across Australia to cater to the growing needs of the healthcare sector. For instance, Abbott opened a new medical device manufacturing plant in Melbourne, Australia in 2022 to double its tubing production capacity for diabetes and nutrition care products.
Market Drivers
The increasing geriatric population in Australia prone to age-related chronic illnesses is one of the major drivers of this market. As per estimates, over 20% of Australians will be aged over 65 by 2028 presenting a lucrative opportunity for medical device players. Furthermore, favorable regulatory framework and universal healthcare has made advanced medical treatments affordable and accessible driving significant demand for associated consumables like tubing.
The Australia medical tubing market is witnessing growth challenges due to current geopolitical factors. The conflict between Russia and Ukraine has impacted raw material prices and supply chains. Medical-grade polymers used in tubing such as PVC, silicone, and polyolefins derive from petrochemical sources. Disruptions in crude oil and natural gas exports from Russia have inflated material costs. Rising inflation also affects consumer disposable incomes and healthcare budgets in Australia. This can deter demand growth.
To counter costs, manufacturers may seek alternative raw material sources from Asia and the Middle East. Collaboration between suppliers and producers will be key to ensure stable supplies. Companies can focus on developing lightweight and miniaturized product designs using specialized material compounds. This improves efficiency and lowers consumption. Certifying suppliers for quality standards helps address inconsistencies. Diversifying transportation routes mitigates risks from shutdowns.
New South Wales hold the largest market share currently due to a high elderly population requiring long-term care. However, Western Australia is anticipated to expand at the fastest pace. The remote terrain and mining industry have increased investments into portable medical products and telehealth. Government targets to improve rural accessibility also boost tubing adoption. Manufacturers could center production facilities in Perth to capture emerging hospitals and clinics.
A rise in lifestyle conditions drives capital city markets. Queensland witnesses high demands surrounding bariatric and plastic surgeries. Partnerships between suppliers, local insurers and public hospitals strengthen long-term sales. Overall, addressing the geopolitical uncertainties and adapting to shifting consumer patterns across Australian regions will determine industry sustainability.

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Author Bio:

Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights. (LinkedIn: www.linkedin.com/in/alice-mutum-3b247b137 )
What Are The Key Data Covered In This Australia Medical Tubing Market Market Report?
:- Market CAGR throughout the predicted period
:- Comprehensive information on the aspects that will drive the Australia Medical Tubing Market's growth between 2024 and 2031.
:- Accurate calculation of the size of the Australia Medical Tubing Market and its contribution to the market, with emphasis on the parent market
:- Realistic forecasts of future trends and changes in consumer behaviour
:- Australia Medical Tubing Market Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa
:- A complete examination of the market's competitive landscape, as well as extensive information on vendors
:- Detailed examination of the factors that will impede the expansion of Australia Medical Tubing Market vendors
FAQ’s
Q.1 What are the main factors influencing the Australia Medical Tubing Market?
Q.2 Which companies are the major sources in this industry?
Q.3 What are the market’s opportunities, risks, and general structure?
Q.4 Which of the top Australia Medical Tubing Market companies compare in terms of sales, revenue, and prices?
Q.5 Which businesses serve as the Australia Medical Tubing Market’s distributors, traders, and dealers?
Q.6 How are market types and applications and deals, revenue, and value explored?
Q.7 What does a business area’s assessment of agreements, income, and value implicate?
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it