NEW YORK, February 3, 2022 (The Globe Newswire) – According to food statistics and The United Nations Agriculture Organization (FAO), estimated chronic diseases to account for three-quarters of all deaths globally in 2020. Additionally, by the end of the same year, the proportion of the burden of non-communicable diseases (NCDs) was expected to grow to 57 %. Moreover, according to the statistics of the World Federation of Hemophilia (WFH), between January 2018 and December 31, 2020, the number of people out of 33 countries globally, who registered with hemophilia was 7,208. This included 812 digits in Africa, 311 digits in the Americas, 1,539 digits in the Eastern Mediterranean, 990 digits in Europe, 2094 digits in Southeast Asia, and 1,462 digits in the Western Pacific.
Research Nester recently released a report on “Sterile pipe welding market: Global Demand Analysis and Opportunity Forecast 2020-2030Which focuses on the growth strategies of the major market players operating in the market for the forecast period 2021-2030. The report also includes an insight into the latest market trends, key market opportunities, along with key barriers to market growth.
Concern about the increasing prevalence of chronic diseases and blood disorders worldwide is growing at a significant rate. As a result, there is a growing need among healthcare workers to maintain a hygienic and sterile environment in laboratories, especially while handling blood samples. On the other hand, with the increase in cases of coronavirus infection globally, which according to the World Health Organization reached 2,365,00025 confirmed cases and 4,831,486 deaths as of October 8.yIn 2021, there is an increased need for platelets as well as blood transfusions and other fluid management systems, which in turn is expected to increase the demand for sterile tube welders in the coming years. For example, the US Food and Drug Administration (FDA), on August 23research and development2020, Emergency Use Authorization (EUA) for experimental convalescent plasma to treat hospital patients with coronavirus. The global aseptic pipe welding market generated a revenue of US$ 2,247,000.0 thousand in 2020 and is also expected to reach US$ 3,463,658.4 thousand by the end of 2030, by growing at a CAGR of 4.49% over the forecast period. Moreover, by the end of 2030, the market is expected to achieve an annual growth rate of 5.1% compared to the previous year.
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The market is also expected to grow due to the growing awareness among individuals to donate blood, the increased focus of the countries government on safety protocols during the blood transfusion process, and the increase in healthcare expenditures worldwide. In other statistics from the World Health Organization, it is known that around 118.4 million blood donations have been collected globally, of which 40% of the pool is from high-income countries. Moreover, statistics also indicated that in 2018, 72% of the reporting countries had a national blood policy, while 64% of the reporting countries had specific legislation covering the safety and quality of blood transfusions.
The global sterile pipe welding market is segmented on the basis of region into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Of all the markets in these regions, the North American market generated the largest revenue of $111,6759.0 thousand in 2020 and is also expected to reach $169,583.0 thousand by the end of 2030, by growing with compound annual growth rate 4.34% during the forecast period. The market in the region is further segmented by country into the United States and Canada. Among the markets in these countries, the US market is expected to generate the largest revenue by the end of 2030, and also grow at the highest compound annual growth rate of 4.39% during the forecast period.
The final report will cover the analysis of the impact of COVID-19 on the industry. “
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On the other hand, the market in Europe generated the second largest revenue of $572,985.0 thousand in 2020 and is also expected to reach $89,3262.0 thousand by the end of 2030, growing at a compound annual growth rate of 4.60% during the forecast period. The market in the region is also divided by country into the UK, Germany, Italy, France, Spain, Russia, the Netherlands and the rest of Europe. Among the markets in all these countries, the market in Germany generated the largest revenue of US$9,823.6 thousand in 2020 and is also expected to reach US$15,4578.3 thousand by the end of 2030, by growing with the highest CAGR of 5.29% during general forecast period.
The study also includes annual growth, demand, supply and forecasting of future opportunities in North America (US and Canada) and Europe (UK, Germany, France, Italy, Spain, Hungary, Belgium, Netherlands, Luxembourg and NORDIC). [Finland, Sweden, Norway, Denmark]Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia Pacific), Middle East & Africa (Israel, GCC) [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman]North Africa, South Africa, the rest of the Middle East and Africa).
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The global sterile tubing welding market is segmented on the basis of application in component assembly, quality control assembly, fluid extraction, fluid replacement, pathogen reduction, cell washing and freezing, etc, of which the component assembly segment generated the largest revenue of USD 538,438.2 thousand in the year 2020 is also expected to touch $81,8010.8 thousand by the end of 2030, growing with the highest compound annual growth rate of 4.34% over the forecast period. In North America, this segment is expected to grow at a compound annual growth rate of 4.12% during the forecast period and also touch US$4,06283.7 thousand by the end of 2030, up from US$27,3237.4 thousand in 2020. Moreover, in Europe, this segment is The segment is expected to generate the largest revenue of US$20,8342.2 thousand by the end of 2030, and to grow at a compound annual growth rate of 4.51% during the forecast period.
The global Sterile Tubing Welding market is also segmented by end user into hospitals, diagnostic laboratories, blood banks, research organization, and biopharma companies. Among all these segments, the Hospitals segment is expected to grow at a CAGR of 4.24% during the forecast period and also touches the largest revenue of $10,65085.9 thousand by the end of 2030, up from revenue of $70,7444.5 thousand in 2020. In North America, the segment recorded revenues of $3,686,671 thousand in 2020 and is expected to grow at a compound annual growth rate of 4.08% over the forecast period and touch $53,4187.4 thousand by the end of 2030. Meanwhile, in the Asia Pacific region, from The segment is expected to grow at a CAGR of 5.23% during the forecast period. The sector in the region is also expected to reach $14,1594.8 thousand by the end of 2030, up from $85,561.4 thousand in 2020.
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Some of the prominent industry leaders in the global aseptic pipe welding market that have been included in our report are Genesis BPS and TERUMO BCT, INC. and Wuhan bms Medicaltech Co., Ltd., Sartorius AG, MGA Technologies, Global Life Sciences Solutions USA LLC (Cytiva), Vante Biopharm/Sebra, Pall Corporation, Saint-Gobain Performance Plastics, Sentinel Process Systems Inc. and others.
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