The global endotracheal tubes market is expected to grow at a compound annual growth rate (CAGR) of 6.0% during the forecast period from 2018 to 2026. Endotracheal tubes are inserted in the trachea orally or via the nasal route to administer anesthesia, prevent pulmonary aspiration, and maintain airway pressure during surgeries. The global endotracheal tubes market is driven by the growing number of surgeries performed globally and the rising prevalence of chronic respiratory diseases, cardiovascular diseases, cancers, and others. Significant growth in surgeries requiring the administration of anesthesia has fueled the growth of the endotracheal tube market. Technological advancements in endotracheal intubations have led to improved product safety and a lower risk of infection associated with tubes. There has been an increase in the occurrence of ventilator-associated pneumonia (VAP), which mostly occurs in patients on endotracheal tubes or mechanical ventilation for more than 48 hours. Thus, many market participants are launching products with antimicrobial and anti-coagulant coatings that claim to reduce VAP. For instance, Medtronic's Shiley Evac endotracheal tubes claim to reduce the chances of VAP by 50%. Other market players, such as Smith's Medical, Becton, and Dickinson & Co., among others, are launching coated products that reduce the vulnerability to hospital-acquired infections. With a growing geriatric population susceptible to respiratory ailments such as asthma, COPD, and other respiratory diseases, growing air pollution resulting in respiratory diseases would further drive the demand for endotracheal tubes. However, the lack of healthcare facilities in developing countries and the high risk of hospital-acquired infections and product recalls would inhibit the growth of the endotracheal tube market.
Market Synopsis
Orotracheal intubation held the largest share in terms of intubation type.
Orotracheal intubation dominated the global endotracheal tube market in terms of intubation type. The major reasons driving the growth of this segment include the high application of oral tubes and their high comfort and usage. Nasotracheal intubation also held a significant share in terms of intubation type. However, hybrid intubation is projected to grow at the fastest rate during the forecast period owing to the growing number of products entering the market. Medical practitioners can use hybrid intubation to place tubes in the patient's mouth or nasal cavity, depending on the patient's condition and situation.
Periods of History and Forecast
This research report presents the analysis of each segment from 2016 to 2026, considering 2017 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments was calculated for the forecast period from 2018 to 2026.
Report Scope by Segments
Endotracheal Tubes Market Report provides quantitative analysis as well as the most recent market trends. The market is segmented based on intubation type, product type, end-user, and geography.
The market is studied in order to understand the current dynamics and future trends in the global endotracheal tube market. The study includes market size and forecasts for all considered segments presented in the report for the period from 2016 to 2026, along with respective compound annual growth rates (CAGRs) for the forecast period from 2018 to 2026, considering 2017 as the base year. The key players currently engaged in the endotracheal tube market include Medtronic PLC, Becton Dickinson & Co., Smith's Medical, ConvaTec Group, Teleflex Incorporated, Fuji Systems Corp., Airway Innovations, Medline Industries, Intersurgical GmbH, among others.
Key questions are answered in this report.
How will the global endotracheal tube market perform during the forecast period from 2018 to 2026?
What are the most recent endotracheal tube market trends and opportunities for key players?
Who are the leading players in the global endotracheal tube market?
Which is the leading and fastest-growing region in the global endotracheal tube market?
What are the drivers and restraints governing the global endotracheal tube market?
Frequently Asked Questions:
The market for Endotracheal Tubes is expected to reach XX Mn 2026.
The Endotracheal Tubes market is expected to see significant CAGR growth over the coming years, at 6.0%.
The report is forecasted from 2018-2026.
The base year of this report is 2017.
Medtronic Plc,Becton Dickinson & Company,ConvaTec Group Plc,Airway Innovations,Smith Medical, Inc. are some of the major players in the global market.
