Single Lumen Tubing Market Revenue was valued at USD 1.02 Billion in 2024 and is estimated to reach USD 1.76 Billion by 2033, growing at a CAGR of 6.5% from 2026 to 2033.
South Korea's Single Lumen Tubing Market is experiencing significant growth, driven by the increasing demand for minimally invasive medical procedures and the aging population. In 2022, the market generated a revenue of USD 234.8 million and is projected to reach USD 402.4 million by 2030, growing at a CAGR of 7% from 2023 to 2030. Single-lumen tubing, characterized by a single internal passage, is widely used in medical devices such as catheters, respiratory tubes, and IV lines due to its simplicity, efficiency, and cost-effectiveness. The dominance of single-lumen tubing in the global medical tubing market, capturing a significant market share of 35.8% in 2024, underscores its importance in various medical applications. The South Korean medical tubing market is segmented by material, with polyvinyl chloride (PVC) being the largest revenue-generating product in 2022. PVC's dominance is attributed to its versatile properties, cost-effectiveness, and wide range of applications in the healthcare industry. Fluoropolymers are the fastest-growing segment, registering the highest growth during the forecast period. The increasing geriatric population in South Korea, accounting for over 16% of the total population as of 2020, is a significant factor driving the demand for advanced medical equipment. This demographic shift is expected to lead to increased use of medical devices such as MRI devices, intravascular catheters, and dialyzers, all of which rely on high-quality medical tubing. Manufacturers in South Korea are transitioning from producing low-end medical devices to high-end medical equipment, further fueling the growth of the medical tubing market. The emphasis on minimally invasive procedures and the need for durable, flexible, and biocompatible tubing solutions are shaping the market dynamics. In summary, the Single Lumen Tubing Market in South Korea is poised for substantial growth, driven by demographic changes, technological advancements, and the increasing demand for minimally invasive medical procedures. The market's focus on high-quality materials and the shift towards advanced medical equipment production are key factors contributing to this upward trend.
Get an In-Depth Research Analysis of the South Korea Single Lumen Tubing Market Size And Forecast [2025-2032]
Putnam Plastics
Spectrum Plastics Group
Raumedic
Sunlite Plastics
Duke Extrusion
AP Extrusion
GenX Medical
AP Technologies
Primo
Asahi Intecc
TekniPlex
PBS Plastics
Nordson MEDICAL
Proterial Cable America
Molded Devices
New England Tubing Technologies
Zeus Company
SUMI
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the South Korea Single Lumen Tubing Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Single Lumen Tubing Market
Polyurethane (PU) Tubing
Polyvinyl Chloride (PVC) Tubing
Silicone Tubing
Others
Medical & Healthcare
Food & Beverage
Pharmaceutical
Industrial
Others
Medical Devices
Automotive
Manufacturing
Aerospace
Electronics
Small Diameter Tubing
Medium Diameter Tubing
Large Diameter Tubing
Low Pressure Tubing
Medium Pressure Tubing
High Pressure Tubing
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
For More Information or Query, Visit @ South Korea Single Lumen Tubing Market Research Analysis
1. Introduction of the South Korea Single Lumen Tubing Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Single Lumen Tubing Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Single Lumen Tubing Market, By Type
6. South Korea Single Lumen Tubing Market, By Application
7. South Korea Single Lumen Tubing Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Single Lumen Tubing Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/