{ }
001122334455554433221100
001122334455554433221100
Symbol NDSN
Name Nordson Corporation
Currency USD
Sector Industrials
IndustryGroup Capital Goods
Industry Machinery
Market NASDAQ Global Select
Country United States
State OH
City Westlake
Zipcode 44145
Website http://www.nordson.com

Global Medical Tubing Market Set for Significant Growth Driven by Healthcare Demand

The global medical device markets are poised for significant growth by 2028, with the anastomosis device market projected to exceed USD 3.04 billion and the airway management devices market expected to surpass USD 4.03 billion. Notably, the haemato-oncology testing market is anticipated to grow at an impressive CAGR of over 18.6%, reaching above USD 8.23 billion. Key players are expanding their production capabilities and investing in innovative technologies to meet rising demand across various medical sectors.

high pressure balloon catheter market poised for growth and innovation

The high-pressure balloon catheter market is evolving with a trend towards hybrid devices that integrate drug delivery systems, enhancing treatment for restenosis. Regulatory challenges and stringent approval processes impact innovation, particularly for smaller firms, while favorable reimbursement policies improve accessibility. The market is expected to see significant growth driven by chronic disease prevalence, technological advancements, and increasing healthcare investments, with nylon dominating material use due to its mechanical properties.
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