Global Endotracheal Tubes Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029
“Global Endotracheal Tubes Market” is the title of an upcoming report offered by MarketResearch.Biz. The report contains information and data, and inputs from both primary and secondary data sources, that have been verified and validated by experts in the target market. The report presents a thorough study of revenues, historical data, and information, key developments, and strategies by major players that offer vital insights and perspectives in various scenarios market. Besides critical data and related information, the report includes key trends (both present and future), factors that are driving market growth, factors that are or could be potential restraints to market growth, as well as opportunities that can be leveraged for potential revenue generation in untapped regions and countries. It also covers threats or challenges for existing as well as new entrants in the market. The global endotracheal tubes market has been segmented on the basis of product type, route type, application, end-use, as well as regions and countries.
An endotracheal tube is a flexible plastic tube that is placed through the mouth into the trachea (windpipe) to help a patient breathe. This pipe is then connected to a ventilator, which delivers oxygen to the lungs. The process of inserting the tube is called endotracheal intubation.
Owing to an increasing number of surgical procedures being carried out, due to the rising incidence of chronic diseases such as cancer, cardiovascular and respiratory diseases, etc., there is expected to be an increased demand for endotracheal tubes. This surge in demand is slated to immensely influence the revenue growth of the global endotracheal tubes market in the years to come. Technological advancements to endotracheal tubes have resulted in increased product safety and a lower risk of infection.
The ever-growing geriatric global population as well as the rising occurrence of Ventilator-Associated Pneumonia (VAP) is also increasing the demand for endotracheal tubes, leading to subsequent market growth. In light of the recent COVID-19 pandemic, there has been a reported shortage of mechanical ventilators and other necessary devices meant for patients suffering from respiratory diseases or disorders. However, due to numerous initiatives being presently undertaken by government and private groups to increase the production and supply of this equipment, the revenue growth of the global endotracheal tubes market is expected to increase significantly in the foreseeable future.
Segmentation of the global endotracheal tubes market is as follows:
In terms of product type, the regular endotracheal tube segment accounted for the majority revenue share of the global endotracheal tubes market in 2019. Although, the reinforced endotracheal tube segment is slated to index a higher rate of growth in the years to come.
On the basis of application, the emergency treatment segment held the highest number of shares of the global market, owing to the increasing number of emergency situations that require the use of ventilators. The therapy segment is also anticipated to register considerable future revenue growth owing to a growing global geriatric population, the increasing prevalence of respiratory diseases, and the surging number of surgeries being carried out.
With respect to route type, the orotracheal segment accounted for the largest number of revenue shares in 2019, due to the its high applicability, comfortability, and increased usage.
Concerning end-use, the clinical segment accounted for the largest revenue share of the global endotracheal tubes market in 2019. And, the ambulatory surgical centers segment is also expected to expand considerably in the years to come.
Regional Segmentation and Analysis:
North America accounted for the majority revenue share of the global endotracheal tubes market in 2019. This can be attributed to the presence of an advanced healthcare system as well as the rising prevalence of chronic diseases in this region. The APAC region is expected to register the fastest rate of revenue growth in the near future, due to the increasing number of surgeries and the prevalence of VAP.
Segmentation of the Global Endotracheal Tubes Market:
Segmentation by Product Type:
- Regular Endotracheal Tube
- Reinforced Endotracheal Tube
- Preformed Endotracheal Tube
- Double lumen Endotracheal Tube
Segmentation by Route Type:
Segmentation by Application:
- Emergency Treatment
Segmentation by End-Use:
- Ambulatory Surgical Centers
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Teleflex Inc.
- Medline Industries Inc.
- Venner Medical International
- Sonoma Pharmaceuticals Inc.
- Hospiteknik Healthcare
- Armstrong Medical Inc.
- Airway Innovations
- Smiths Group Plc
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