Significant Opportunities in the FEP Heat Shrink Medical Tubing Market

According to the new market research report FEP Heat Shrink Medical Tubing Marketby shrink ratio (1.3:1, 1.6:1), Application (Drug delivery devices (catheters), Surgical and Vascular Instrument, Flexible Joints, Electrical Insulation) – Global Market Forecast to 2024″,The FEP heat shrink medical tube market size is estimated to be USD 103 Million in 2019 and projected to reach USD 146 Million, by 2024, at a CAGR of 7.2%.

FEP heat shrink medical tubing is used as a protective covering and coating of medical devices. The chemical inertness, high thermal resistance, and moisture resistance of this type of medical tubing are suitable for coating, encapsulation, and tube joining and covering of a surgical and vascular instrument. The demand for these instruments has risen since the demand for minimally invasive surgical procedures is on the rise.

Don’t miss out on business opportunities in FEP Heat Shrink Medical TubingMarket

Speak to our analyst and gain crucial industry insights that will help your business grow:

The 1.6:1 heat shrink ratio is the most preferred heat shrink ratio in the industry as it can cover more irregular shaped parts, and it also reduces the downtime required to apply on the medical devices. The use of 1.6:1 shrink ratio is more common in microcatheters, surgical and vascular instruments, and medical shafting, among others.

Drug delivery devices are the largest application for the FEP heat shrink medical tubing market. This can be attributed to its usage in microcatheters. Microcatheters are specialized, thin-walled, small-bore catheters, or delivery/access devices. FEP heat shrink medical tubing is being preferred for this application as it possess chemical resistance, moisture resistance and can withstand gamma sterilization.

Browseand in-depth TOC on FEP Heat Shrink Medical Tubing Market – Global Forecast to 2024″

110 – Tables
29 – Figures
121 – Pages

View more detailed TOC @

The FEP heat shrink medical tubing market size is estimated to be USD 103 Million in 2019 and projected to reach USD 146 Million by 2024, at a CAGR of 7.2%. FEP Heat shrink tubing is mainly used for medical applications that require high lubricity, flexibility, abrasion resistance, and resistance to harmful solvents. Fluorinated Ethylene Propylene (FEP) is one of the polymers, which is used for manufacturing heat shrink tubing. FEP heat shrink medical tubing possesses superior properties, such as good thermal stability, chemical inertness, low friction coefficient, high impact strength, and moisture resistance. This type of tubing is used in catheters, surgical procedures, electric insulation, and endoscopic and laparoscopic devices.

The major driving factors for the FEP heat shrink medical tubing market are the increasing demand for microcatheters across the globe, growth of demand for surgical instruments, and growing preference for minimally invasive surgery and growth of patient pools across the globe.

Download PDF Brochure @

Zeus Industrial Products (US) is a leading player in material science and manufacturing of high-performance polymer tubing that finds application in medical, aerospace, automotive, electrical, other industries. The company has 10 manufacturing facilities located worldwide and offers PTFE, FEP, ETFE, PFA, PET, PTFE/FEP Dual-Shrink, and PEEK based heat shrink tubing. The company provides FEP heat shrink tubing with three different shrink ratios, 1.3:1, 1.6:1, and 2:1. In November 2019. Zeus Industries Ltd. launched the FluoroPEELZ range of peelable medical tubing that has a high shrink ratio and optical clarity. This product can be used in the manufacturing of catheters and is beneficial in the neurovascular and neuromodulation markets. In July, 2019 Zeus Industrial Products bought a building owned by Mayer Industries Inc. (US) in South Carolina, US. This will help the company to expand its production capacity for a wide range of products.

TE Connectivity is engaged in the design, manufacturing, and sales of electronic components, connectivity, and sensor solutions to several industries such as transportation, medical technology, energy, manufacturing industry, and telecommunications. In 2019, The Company bought two US-based manufacturing facilities of the Optinova Group.

Browse Adjacent Markets @ Chemicals Market Research Reports & Consulting

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Research Insight: