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Stock impact report

$20+ Bn Medical Tubing Markets, Materials, Structures and Applications, 2021-2023 & 2024-2030 [Yahoo! Finance]

Nordson Corporation (NDSN) 
Last nordson corporation earnings: 2/19 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: nordson.com/en/our-company/investors
Company Research Source: Yahoo! Finance
The global medical tubing market is significantly driven by the rising demand for minimally invasive medical procedures, which are preferred for their lower costs, faster recovery, and shorter hospital stays than conventional surgeries. The increasing incidence of chronic illnesses like arthritis, cancer, and cardiovascular diseases, which frequently require complex surgeries, has enhanced the demand for these treatments. This trend has led to higher utilization of plastic polymers in the production of catheters and medical tubing, which are essential for various medical equipment. Additionally, market growth is further driven by the growing elderly population requiring regular medical treatments, expanding availability of advanced healthcare facilities, and government initiatives to provide subsidized healthcare. Medical Tubing Regional Market Analysis North America holds the dominant position in the medical tubing market, accounting for 43.7% in 2024, due to its advanced heal Show less Read more
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