FEP Heat Shrink Medical Tubing Market to Reach $208 Million by 2029, Driven by Growth in Surgical Instruments and Microcatheters
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The FEP heat shrink medical tubing market is projected to reach $208 million by 2029, growing at a CAGR of 7.4%.
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Key growth drivers are the increasing surgical instrument and microcatheter markets.
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Catheter delivery devices accounted for the largest market share in 2023.
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North America was the largest regional market in 2023.
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Major players include Zeus Company, TE Connectivity, Parker Hannifin, Teleflex Incorporated, and Nordson Medical.