The Global Endotracheal Tube Market Growth Accelerated By Increased Demand For Uncuffed Endotracheal Tubes
Endotracheal Tube Market |
Endotracheal
tubes are medical devices inserted through the mouth or nose into the trachea
(windpipe) to maintain an open airway or deliver substances such as oxygen or
anesthesia gases. The global Endotracheal Tube Market is estimated to be valued
at US$ 1,159.18 Mn in 2024. Endotracheal tubes are used in mechanical
ventilation to deliver gas to and from the lungs during surgery, general
anesthesia, intensive care, and emergency medicine. Their wide availability and
effective airway management have increased the demand for endotracheal tubes
across various clinical areas.
The
global Endotracheal Tube Market is estimated to be valued at US$ 1059.84 Mn in 2023 and is expected
to exhibit a CAGR of 9.0% over the
forecast period 2024 to 2031.
Market key trends:
The increased demand for uncuffed endotracheal tubes is majorly driving the
growth of the Endotracheal Tube Market. Uncuffed endotracheal tubes are
preferred for pediatric and neonatal patients as they have delicate and
immature tracheal walls. Cuffed tubes are not suitable for use in small
children because the pressure caused by cuff inflation could potentially cause
tracheal damage. As uncuffed tubes prevent potential complications, their
demand has risen considerably in the pediatric population. Furthermore, the
growing prevalence of respiratory diseases worldwide has augmented the need for
ventilator support using endotracheal tubes. This rising disease burden is
expected to propel market growth over the forecast period.
Segment Analysis
The global endotracheal tube market is segmented by product type, application,
and end-user. Based on product type, the market is segmented into regular
endotracheal tubes, reinforced endotracheal tubes, preformed endotracheal
tubes, and others. Among these, the regular endotracheal tubes segment
currently dominates the market due to their widespread availability across
hospitals and low costs. These tubes are versatile in nature and can be used
for most intubations.
Key Takeaways
The Global
Endotracheal Tube Market Demand is expected to witness high growth during the
forecast period of 2024 to 2031. The global Endotracheal Tube Market is
estimated to be valued at US$ 1059.84 Mn in 2023 and is expected to exhibit a
CAGR of 9.0% over the forecast period 2024 to 2031.
Regional
analysis shows that North America currently dominates the market due to
increasing prevalence of chronic respiratory diseases and rising number of ICU
admissions in countries like the US. The Asia Pacific region is expected to
emerge as the fastest growing market owing to growing healthcare expenditure
and rising awareness about critical care equipment in emerging economies of
China and India.
Key players operating in the endotracheal tube market are Medtronic Plc,
Teleflex Inc., ConvaTec Inc., Smiths Medical, Neurovision Medical Products,
Intersurgical Inc., Royax, Novo Klinik-Service GmbH, Avanos Medical, Inc.,
Bactiguard, and N8 Medical LLC. Medtronic Plc is one of the leading player with
wide product portfolio and global presence. Teleflex Inc. holds significant
share of the market due to its established brand name and wide distribution
network.
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