Increasing Incidences of Blood Cancer Fueled the Demand for Sterile Tubing Welder

The global sterile tubing welder market is anticipated to grow at a CAGR of 5.6% during the forecast period (2023-2030). The market growth is attributed to governments increasing expenditure on healthcare systems and maintenance owing to the rising chronic diseases such as blood cancer and anemia. According to the WHO, it is estimated that 40.0% of all children aged 6–59 months, 37.0% of pregnant women and 30% of women 15–49 years of age are affected by anemia around the globe. Anemia caused 50 million years of healthy life lost due to disability in 2019. The largest causes were dietary iron deficiency, thalassemia and sickle cell trait, and malaria. According to the Leukemia & Lymphoma Society, approximately every 3 minutes, one person in the US is diagnosed with leukemia, lymphoma, or myeloma. An estimated combined total of 184,720 people in the US are expected to be diagnosed with leukemia, lymphoma, or myeloma in 2023. New cases of leukemia, lymphoma, and myeloma are expected to account for 9.4% of the estimated 1,958,310 new cancer cases that will be diagnosed in the US in 2023. Leukemia, lymphoma, and myeloma are expected to cause the deaths of an estimated 57,380 people in the US in 2023. These diseases are expected to account for 9.4% of the mortalities from cancer in 2023, based on the estimated total of 609,820 cancer fatalities. An estimated 35,730 new cases of myeloma (19,860 males and 15,870 females) are expected to be diagnosed in the US in 2023. An estimated 157,561 people in the US are living with or in remission from myeloma.

Browse the full report description of “Sterile Tubing Welder Market Size, Share & Trends Analysis Report by Mode (Manual and Automatic), By Application, (Biopharmaceutical, Blood Processing, Diagnostic Laboratories, and Others), and by End-use (Hospitals, Blood Centers, and Others), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/sterile-tubing-welder-market

Furthermore, rising number of research projects through a large scale of blood cancers, and increasing fund in research across all the major Improving quality of life for older types of blood cancer propelling the market growth. For instance, in June 2022, Leukemia Foundation were supporting 45 research projects across a wide variety of blood cancers and at all stages of development from fundamental research through to clinical trials. Leukemia Foundation funded research across all the major Improving quality of life for older types of blood cancer. 

Leukemia Foundation Funded Research for Older Types of Blood Cancer

Source: Leukaemia Foundation Annual Report 2022

Market Coverage

• The market number available for – 2022-2030

• Base year- 2022

• Forecast period- 2023-2030

• Segment Covered- 

o By Mode

o By Application

o By End-User 

• Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

• Competitive Landscape- includes Cytiva (Life Sciences Solutions USA LLC), Genesis BPS, Sartorius AG, and Terumo BCT, Inc., among others. 

Key questions addressed by the Report

• What is the market growth rate?

• Which segment and region dominate the market in the base year?

• Which segment and region will project the fastest growth in the market?

• Who is the leader in the market?

• How are players addressing challenges to sustain growth?

• Where is the investment opportunity?

Global Sterile Tubing Welder Market Report Segment

By Mode

• Manual 
• Automatic 

By Application

• Biopharmaceutical 
• Blood Processing
• Diagnostic Laboratories
• Others (Blood Collection)

By End-User 

• Hospitals
• Blood Centers
• Others (Research Clinics) 

Global Sterile Tubing Welder Market Report Segment by Region

North America

• United States

• Canada

Europe

• UK

• Germany

• Italy

• Spain

• France

• Rest of Europe 

Asia-Pacific

• China

• India

• Japan

• South Korea

• Rest of Asia-Pacific 

Rest of the World

• Latin America 

• Middle East & Africa

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/sterile-tubing-welder-market