The endotracheal tube market size is anticipated to expand at a substantial CAGR during the forecast period, between 2021 and 2028. A flexible plastic tube called an endotracheal tube is implanted into the trachea through the mouth. During surgeries, they are used to provide anaesthetic, avoid pulmonary aspiration, and maintain airway pressure. The majority of endotracheal tubes are made of polyvinyl chloride, whereas those that have unique criteria are made of latex rubber, silicone rubber, or stainless steel. Endotracheal tubes come in a variety of shapes and sizes and are used according to a patient's demands and medical condition.
The report on the global endotracheal tube market includes an assessment of the market, size, share, trends, segments, and regional markets. The study includes an overview as well as dynamics.
Attributes | Details |
Report Title | Endotracheal Tube Market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year | 2020 |
Historic Data | 2018-2019 |
Forecast Period | 2021-2028 |
Segmentation | Product Type (Regular Endotracheal Tube, Reinforced Endotracheal Tube, Preformed Endotracheal Tube, and Double lumen Endotracheal Tube) Route Type (Orotracheal and Nasotracheal), Applications (Emergency Treatment, Therapy, and Others), End-users (Hospitals, Clinics, Ambulatory Surgical Centers, and Others) |
Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Report Coverage | Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players covered in the Report | Airway Innovations, LLC, ARMSTRONG MEDICAL, ConvaTec Inc, Flexicare (Group) Limited, Medline Industries, Medtronic, Romsons, Smiths GROUP, Teleflex Incorporated, Venner Medical |
In terms of products, the global endotracheal tube market is segmented into the regular endotracheal tube, reinforced endotracheal tube, preformed endotracheal tube, and double-lumen endotracheal tube. The regular endotracheal tube segment holds a significant market share due to increasing number of surgical procedures owing to the rising prevalence of respiratory diseases. Furthermore, as the number of VAP cases rises, the regular endotracheal tubes demand is likely to rise significantly during the projected period. The reinforced endotracheal tube segment is projected to grow during the projected period owing to new technological developments and rising use in surgery.
Based on applications, the global endotracheal tube market is segmented into emergency treatment, therapy, and others. The emergency treatment segment holds a substantial market share due to rising prevalence of emergency disorders such as cardiac arrest, respiratory disease, emergency treatment, airway blockage, and ventilation. The growth of segment is fueled by traffic accidents and increased disposable incomes in developing countries. The therapeutic segment is estimated to develop at a significant rate during the forecast period.
On the basis of end-users, the global endotracheal tube market is segmented into hospitals, clinics, and ambulatory surgical centers. The clinics segment is projected to hold major market share. The rising prevalence of chronic respiratory disorders, increased awareness of clinic benefits, and a fair reimbursement policy drives the market.
On the basis of regions, the global endotracheal tube market is classified as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America holds a significant market share due to advanced healthcare system and increasing chronic diseases in the country. Furthermore, the existence of major players contributed to the market expansion. Asia-Pacific is expected to dominate the market over the projected period. Endotracheal tubes are expected to be in higher demand in the region as the senior population grows, causing respiratory problems, pneumonia, and an increase in the number of surgeries owing to chronic cardiovascular disease.
Global Endotracheal Tube Market Key Segments
Product Types
Key players in the global endotracheal tube market include Airway Innovations, LLC, ARMSTRONG MEDICAL, ConvaTec Inc, Flexicare (Group) Limited, Medline Industries, Medtronic, Romsons, Smiths GROUP, Teleflex Incorporated, Venner Medical. Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.
Global Endotracheal Tube Market Key Segments
Product Types
Key players in the global endotracheal tube market include Airway Innovations, LLC, ARMSTRONG MEDICAL, ConvaTec Inc, Flexicare (Group) Limited, Medline Industries, Medtronic, Romsons, Smiths GROUP, Teleflex Incorporated, Venner Medical. Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.
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