Global Tracheostomy Market Growth 2023-2029

Global Tracheostomy Market Growth 2023-2029

Tracheostomy Tube is inserted through a surgical opening (stoma) of the trachea to secure an airway during breathing, ventilation or weaning.

A commonly used tracheostomy tube consists of three parts: outer cannula with flange (neck plate), inner cannula, and an obturator. The outer cannula is the outer tube that holds the tracheostomy open. A neck plate extends from the sides of the outer tube and has holes to attach cloth ties or velcro strap around the neck. The inner cannula fits inside the outer cannula. It has a lock to keep it from being coughed out, and it is removed for cleaning. The obturator is used to insert a tracheostomy tube. It fits inside the tube to provide a smooth surface that guides the tracheostomy tube when it is being inserted.

LPI (LP Information)' newest research report, the “Tracheostomy Industry Forecast” looks at past sales and reviews total world Tracheostomy sales in 2022, providing a comprehensive analysis by region and market sector of projected Tracheostomy sales for 2023 through 2029. With Tracheostomy sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tracheostomy industry.

This Insight Report provides a comprehensive analysis of the global Tracheostomy landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Tracheostomy portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Tracheostomy market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tracheostomy and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Tracheostomy.

The global Tracheostomy market size is projected to grow from US$ 182 million in 2022 to US$ 238.5 million in 2029; it is expected to grow at a CAGR of 238.5 from 2023 to 2029.

Global Tracheostomy key players include Medtronic, Teleflex Medical, Smith's Medical, TRACOE Medical, etc. Global top four manufacturers hold a share over 65%.

North America is the largest market, with a share over 30%, followed by China, and Europe, both have a share over 35 percent.

In terms of product, PVC Tracheostomy Tube is the largest segment, with a share over 65%. And in terms of application, the largest application is Therapy, followed by Emergency Treatment.

This report presents a comprehensive overview, market shares, and growth opportunities of Tracheostomy market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

PVC Tracheostomy Tube

Silicone Rubber Tracheostomy Tube

Other

Segmentation by application

Emergency Treatment

Therapy

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Medtronic

Teleflex Medical

Smiths Medical

TRACOE Medical

ConvaTec

Boston Medical

Cook Inc

Fuji Systems

Pulmodyne

Well Lead

TuoRen

Key Questions Addressed in this Report

What is the 10-year outlook for the global Tracheostomy market?

What factors are driving Tracheostomy market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Tracheostomy market opportunities vary by end market size?

How does Tracheostomy break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.