Global Intubation Tubes Market Size study&Forecast, by Product Type (Trachea Intubation, Gastric Intubation) by End-user (Hospitals, Ambulatory Surgical Centers, Others) and Regional Analysis, 2022-2029
Global Intubation Tubes Market is valued at approximately USD 5.8 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.7% over the forecast period 2022-2029.When someone is having trouble breathing, intubation is a procedure that can assist save their life. A laryngoscope is used by a medical professional to insert an End Tracheal Tube (ETT) into the voice box, mouth, or nose, and subsequently into the trachea. The tube maintains the airway's opening, allowing air to reach the lungs. Hospital-acquired diseases and increased admissions in healthcare facilities including hospitals and clinics are playing amajor role in this market.The increasing number of chronic diseases and the positive impact that COVID-19 laid on intubation tubes is driving the market.
At numerous hospitals in March 2020, there was a sharp rise in the number of dangerously ill COVID-19 virus-positive patients who needed emergency intubation tubes. The recommended method for giving COVID-19 patients breathing support is intubation tubes. The American Society of Anesthesiologists' clinical guidelines statesthat COVID-19 patients cannot use non-invasive mechanical breathing, such as CPAP equipment used to treat sleep apnea. A COVID-19 patient's respiration is supported by intubation tubes and ventilation so that the body can endure until the immune system can combat the virus. Some of the common respiratory diseases such asasthma, Chronic Obstructive Pulmonary Disease(COPD), Ventilator-associated pneumonia(VAP) and so onare rising at higher rates. Despite significant research in diagnostic techniques the death rate remains high. VAP is anticipated to affect around 5-40% of patients. There havebeen continuous advancements in technological developments of these tubes by major market players, as the increasing number of surgeries in various regions fuels the intubation tube market. However, the high risks and complications of Intubation Tubes stifle market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Intubation Tubes Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World.North America dominated the intubation tubes market with 37.7% of the revenue share. The rising respiratory and chronic disorders including asthma and cancer are fueling the market. According to National Cancer Institute there will be new instances of bronchial and lung cancer in U.S. in 2022, accounting for 12.3% of all new cancer cases.With this, the total number of deaths from this condition will reach 130,180 or 21.4% of all cancer-related deaths in the nation. Additionally, Asia Pacific is the fastest-growing region over the forecasted period. This is due to the growing ageing population with chronic diseases.
Major market player included in this report are:
Teleflex Corporation
Medtronic Plc.
Medline Industries India Pvt. Ltd.
Venner Medical
Sonoma Pharmaceutical Inc.
Hospiteknik Healthcare
Armstrong Medical Pvt. Ltd.
Airway Innovations LLC
Smiths Group plc
ConvaTec, Inc.
Recent Developments in the Market:
In August 2022, the purchase of Standard Bariatrics, Inc. by Teleflex Incorporated, which has commercialized an avant-garde powered stapling method for bariatric surgery, was announced.
In August 2020, Health Canada will approve the market for Bactiguard's intubation tubes for the purpose of preventing COVID-19 infection.
In April 2020, Hydromer collaborated with N8 Manufacturing as the sole licensee for the market for CeraShield Intubation Tubes.
Global Intubation Tubes Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product Type, End-user, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporatespotential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Product Type offerings of key players. The detailed segments and sub-segment of the market are explained below:
ByProduct Type:
Trachea Intubation
Gastric Intubation
By End-user:
Hospitals
Ambulatory Surgical Centers
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the WorldCompanies Mentioned
Teleflex Corporation
Medtronic Plc.
Medline Industries India Pvt. Ltd.
Venner Medical
Sonoma Pharmaceutical Inc.
Hospiteknik Healthcare
Armstrong Medical Pvt. Ltd.
Airway Innovations LLC
Smiths Group plc
ConvaTec, Inc.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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