Since the start of the pandemic, tubing manufacturers have seen a spike in orders, and industry-watchers have noticed.
Analysts recently estimated that the coronavirus pandemic would grow the medical tubing market by over 13% by next year. Markets and Markets projected that silicone tubing would lead that growth because of its use in drug delivery applications such as infusion pumps. Prior to the pandemic, analysts estimated that the medical tubing market would grow at a revenue-based consumer annual growth rate of 9.2% over the next five years.
Get the full story on our sister site, Medical Tubing + Extrusion.