Global FEP Heat Shrink Medical Tubing Business Research Report 2024: Market to Reach $210.3 Million by 2030 - North America Constitutes the Largest Market, Asia-Pacific to Witness Fastest ...
Nordson Corporation (NDSN)
Last nordson corporation earnings: 2/19 04:30 pm
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Source: Yahoo! Finance
Global FEP Heat Shrink Medical Tubing Market to Reach $210.3 Million by 2030 The global market for FEP Heat Shrink Medical Tubing estimated at US$131.8 Million in the year 2023, is projected to reach a revised size of US$210.3 Million by 2030, growing at a CAGR of 6% over the analysis period 2023-2030. 1.6:1 Shrink Ratio, one of the segments analyzed in the report, is projected to record 6.5% CAGR and reach US$134.8 Million by the end of the analysis period. Growth in the 1.3:1 Shrink Ratio segment is estimated at 5.1% CAGR for the next 8-year period. The growing preference for plastics-based medical tubes is a significant driver, as these materials offer flexibility, durability, and biocompatibility. The market for FEP heat shrink tubing is particularly buoyed by the rising demand for microcatheters, which are essential in various minimally invasive procedures. Additionally, the increasing aging population globally is propelling the growth of the FEP heat shrink medical tubing m
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NDSN
Earnings
- 5/20/24 - Beat
NDSN
Sec Filings
- 6/4/24 - Form 4
- 5/31/24 - Form SD
- 5/29/24 - Form 8-K
- NDSN's page on the SEC website