The revenue from FEP heat shrink medical tubes is expected to reach USD 103 million in 2019 and USD 146 million by 2024. Microcatheters and surgical instruments use FEP heat shrink medical tubing, which is in high demand. Chemically inert, moisture resistant, and temperature resistant, FEP is a great choice. FEP is also suitable for surgical instruments and microcatheters because it can be extruded with thin walls.
Between 2019 and 2024, drug delivery devices are expected to be the fastest-growing application of the FEP heat shrink medical market.
The use of microcatheters in minimally invasive surgical procedures has increased demand for FEP heat shrink medical tubes in medical devices, owing to an increase in the geriatric population and an increase in the number of chronic diseases.
As a result of the application:
Drug distribution (Catheter)
Instruments for surgery and vascular surgery
Joints that are flexible (Shafting)
Others who deal with electrical insulation