Market Research Report
Endotracheal Tubes - Global Market Outlook (2019-2027)
|Published by||Stratistics Market Research Consulting||Product code||956124|
|Published||Content info||176 Pages
Delivery time: 2-3 business days
|Endotracheal Tubes - Global Market Outlook (2019-2027)|
|Published: August 1, 2020||Content info: 176 Pages||
According to Stratistics MRC, the Global Endotracheal Tubes Market is accounted for $1.80 billion in 2019 and is expected to reach $3.33 billion by 2027 growing at a CAGR of 8.0% during the forecast period. Growing elderly population that is highly prone to various chronic diseases and significant increase in surgeries are the major factors driving the market growth. However, high risk of post-surgical complications arising after endotracheal intubation and lack of skilled professionals is restraining the market growth.
An endotracheal tube is a flexible plastic tube that is put in the mouth or nasal, and then down into the trachea (airway). They are inserted to administer anesthesia, prevent pulmonary aspiration, and maintain airway pressure during surgeries. Most of the endotracheal tubes used are made up of polyvinyl chloride, whereas the tubes with the special requirements are made up of materials such as latex rubber, silicone rubber, or stainless steel. These endotracheal tubes are available in various forms and are utilized as per the needs and medical condition of a patient.
Based on route type, the orotracheal segment is likely to have a huge demand due to its high applicability, increased usage, and comfortability. Orotracheal intubation is used to control the airway in a patient undergoing surgery. It is also used for critically ill patients with a serious injury or multisystem diseases. By geography, North America is going to have a lucrative growth during the forecast period due to the advanced healthcare system and the growing prevalence of chronic diseases in the country. In addition, the presence of major players in the region contributed to market growth in the region.
Some of the key players profiled in the Endotracheal Tubes Market include Airway Innovations, Armstrong Medical, Bard Medical, ConvaTe, Fuji System, Hollister, Hospiteknik Healthcare, Medline Industries, Medtronic, Neurovision Medical, Parker Medical, Purecath Medical, Sewoon Medical, Shanghai Yixin, Smiths Group, Sonoma Pharmaceutical, Sujia, Teleflex Corporation, TuoRen, Venner Medical and Well Lead.
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Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.