Medical Tubing Market Trends

Growth Drivers  

• Rising government healthcare spending via Medicare and Medicaid: The government programs nowadays are actively investing in medical devices, including tubing systems for both home-based treatments and in hospitals. As per Medicare, spending on catheter-based care and infusion therapies increased to USD 2.6 billion in 2023, with the catheter expenses alone growing 11.3% every year, impacting the broader applications in chronic disease management. A greater variety of items connected to tubing are now included by reimbursement codes under the Healthcare Common Procedure Coding System (HCPCS).
• Healthcare quality improvement initiatives: A 2022 AHRQ study showed that widespread use of sterile, disposable medical tubing in U.S. acute care facilities decreased CLABSIs by 28.4%, saving an estimated USD 472.6 million on national hospitalization expenditures during two years. Such evidence supports increased procurement of good-quality tubing systems in quality improvement initiatives. This minimization in cost has led to a 19.2% decrease in ICU stay period, focusing on the clinical efficiency of advanced tubing systems.

Historical Patient Growth & Its Impact on Market Dynamics

Historical Patient Growth (2010-2020) in Key Markets 

Challenges

• Government-imposed pricing caps and budgetary constraints: In Europe, the national healthcare systems impose a robust price ceiling to contain expenditures. For example, the national health procurement authority in France restricted single-use medical device price increases to less than 2.5% YoY, which constrained supplier profitability. On the other hand, Germany’s G-DRG hospital payment system enforces bundled payment models, manufacturing high-quality tubing options with less financially attractive and funded by insurers.