Sterile Tubing Welder Market Size, Share & Industry Analysis, By Operation Mode (Automatic, Manual), By Application (Biotechnology, Pharmaceuticals, Diagnostic Laboratories, Research Clinics, Others) And Regional Forecast, 2024-2032

Sterile tubing welders is a machine used to connect two similar lengths of thermoplastic tubing creating an aseptic association between the tubes. Two similar tube modules are firmly placed in the tube clamp assembly to weld them together forming a functional closed system. This machine is highly used in biotechnology, pharmaceuticals, blood centers, diagnostic laboratories, etc. for synthesizing the blood plasma, and DNA cells for several medicated therapies. The biological sample is transferred to the tightly closed tube and shifted to the laboratories for futher testing. This device is technologically advanced and costly, thus handled by skilled technicians to avoid any discrepancies in the testing process.

Rising demand for blood, genes and cells from the end-use sectors and the increasing prevelance of blood disorders across the world, has led to growth in demand for blood products, thus driving the market in the comin years. Major driving factor of the market is the need to uphold the shelf life of the blood products, hence leading to the designing of the sterile tubing welders with affiliation to standard regulations of the medical associations. On the other hand, rising demand for personalized therapeutical medicines for treatment of severe anemia, and leukemia, bone marrow deficiency, cancer, etc. are anticipated to uplift the market growth. Increasing investments in biopharmaceutical R&D projects across the world are also expected to drive the market growth over the forecast period. Key market restraints such as rising wastage of blood, due to inappropriate storage, contamination, blood bag leakages, and lack of skilled professionals for handling the medicines decline the market growth.

Key Market Driver -

• Rising need for personalized and therapeutically advanced medicines • Growing demand for blood, cell and gene therapy • Increasing investments in biopharmaceutical research and development

Key Market Restraint -

• Inappropriate handling, storage and contamination of blood

Key Players Covered:

The global sterile tubing welder market players tend towards enhancing their product and business portfolio to cater increasing demand of sterile tubing welders to wide range of customers from biotechnology to pharmaceutical sectors. This allows the customers to select the required product and its associated solutions.

Some of the key competitors in the sterile tubing welders market include Sartorius Stedim Biotech S.A., Terumo BCT Inc., GE Healthcare, MGA technologies, VANTE Biopharm, Genesis BPS, Biomen Biosystems Company Ltd., SynGen Inc., Sentinel Process Systems Inc., NewAge Industries, Inc., Flex Concepts Inc., and Shanghai Le Pure Biological Technology Co., Ltd., and others.

Regional Analysis

Significant growth of biotechnology and pharmaceutial industry in China, Japan, South Korea, and India is having a great impact on the sterile tubing welder market across the region. Rising investments in the Indian life science industry has led to great demand for the generic drugs globally. The Indian pharmaceutical industry has increased 50% of the supply of several vaccines to U.S, and 40%  supply of generic drugs to U.S. and 25% of custom medicines to UK. The Indian pharmaceutical sector is projected to grow at USD 100 billion along with USD 25 billion of growth in the mdeical devices over the forecast period. North America’s biotech and life science sector is booming with the rising need for personalized and therapeutically medicines and advance medical devices, thus holds the largest market share and expected to witness progressive growth in the near future. European sterile tubing welder market is anticipated to portray significant market growth with rising capital investments in the pharmaceutical and biotech companies. The UK based biotechnology companies have maintained the financing in this sector by raising £1.34 billion in 2019, out of which £679 million were raised from venture capital, £596 million from other public financing and £64 million from Initial Public Offerings (IPO).

Middle East & Africa and Latin America are expected to witness stedy market growth with growing export and import of medical devices, medicines and other pharmaceutical and biotech products. Moreover, rising foreign direct investments in the life science sector is sttributing to the sterile tubing welder market across both the regions.

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Segmentation

Key Industry Developments

• May 2020: Sartorius Stedim Biotech S.A. launched a new Incucyte SX5 for live cell analysis system, designed for live cell experiments for immunology, oncology or neuroscience


• August 2020: Terumo BCT Inc. revamped its Terumo Blood and Cell Technologies brand, to cater the potential demand of blood and cells amid the COVID-19 pandemic