IMARC Group, a leading market research company, has recently releases report titled “Anesthesia Endotracheal Tubes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global anesthesia endotracheal tubes market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the anesthesia endotracheal tubes market?
The global anesthesia endotracheal tubes market size reached US$ 173.0 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 238.6 Million by 2028, exhibiting a growth rate (CAGR) of 5.6% during 2023-2028.
What is the anesthesia endotracheal tubes?
Anesthesia endotracheal tubes (ETTs) refer to soft, flexible, and hollow devices that facilitate respiration in patients during medical procedures. They are inserted through the mouth or nose into the trachea to provide a secure airway for breathing and mechanical ventilation. They are manufactured using lightweight, durable, and non-toxic raw materials, such as silicone, polyvinyl chloride (PVC), polyurethane, and thermoplastic elastomers (TPE). Anesthesia ETTs are widely used during surgery, emergency airway management, respiratory failure, pulmonary edema, critical care, and diagnostic procedures. They are easy-to-use, biocompatible, and highly efficient products that ensure adequate oxygenation, minimize complications, and reduce the risk of aspiration, respiratory infections, and pneumonia.
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What are the growth prospects and trends in the anesthesia endotracheal tubes industry?
The increasing prevalence of chronic diseases due to genetics, sedentary lifestyles, and unhealthy eating habits is one of the key factors driving the market growth. Anesthesia ETTs are widely used to manage the airway and provide mechanical ventilation during the treatment of cystic fibrosis, sleep apnea, acute respiratory distress syndrome (ARDS), neuromuscular diseases, idiopathic pulmonary fibrosis (IPF), and chronic obstructive pulmonary disease (COPD). Furthermore, the widespread product utilization during various diagnostic procedures, such as bronchoscopy, laryngoscopy, tracheostomy, and pulmonary function testing, to facilitate the examination of lungs, vocal cords, and other structures in the throat, are providing an impetus to the market growth. Additionally, the recent development of ultra-thin anesthesia ETTs that improve patient comfort, prevent airway trauma, minimize the risk of injuries, and increase the efficiency of surgical procedures is positively influencing the market growth.
Apart from this, the introduction of antimicrobial coatings that prevent bacterial colonization, reduce the risk of ventilator-associated pneumonia (VAP), and improve patient outcomes is favoring the market growth. Moreover, the increasing number of surgical procedures due to injuries, accidents, trauma, and other medical conditions is propelling the market growth. Other factors, including the rising geriatric population, significant growth in the healthcare industry, and increasing investment in the research and development (R&D) of advanced products, are anticipated to drive the market growth. On account of the aforementioned factors, the market value is expected to reach US$ 238.6 Million by 2028, exhibiting a CAGR of 5.6% during 2023-2028.
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What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Intubation Type:
- Nasotracheal
- Orotracheal
- Hybrid
Breakup by Product Type:
- Regular Tubes
- Reinforced/Armored Tubes
- Coated Tubes
- Others
Breakup by End User:
- Hospitals
- Ambulatory Surgery Centers
- Others
Breakup by Region:
- North America (U.S. Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Becton
- Dickinson and Company
- Convatec Limited
- Fuji Systems Corp.
- General Electric (GE) Company
- Intersurgical Ltd.
- Medtronic Private Limited
- Neurovision Medical Products
- SEWOON MEDICAL Co., Ltd.
- Smiths Group PLC
- Teleflex Incorporated.
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