Top Investment Pockets In Coated Endotracheal Tube Market by 2023

Coated endotracheal tube market was valued at $1,629 million in 2016, and is estimated to reach $2,518 million at a CAGR of 6.3% from 2017 to 2023. Endotracheal tubes are medical devices used for intubation into the trachea to maintain an open airway and to administer certain drugs. There are used for mechanical ventilation, thus there is risk for microbial invasion into the airways.

Get sample copy for industry insight: https://www.alliedmarketresearch.com/request-sample/3622

Coated endotracheal intubation has gained a substantial market share in the recent years, due to its increase in use in surgeries. Improved features of coated endotracheal tubes have led to widen the applications of traditional endotracheal tubes for airways management during surgeries. Combinations of coating materials for endotracheal tubes are being tested to develop a safe and effective antimicrobial coating.

North America was the leading revenue contributor to the global coated endotracheal tubes market, accounting for more than two-fifths share of the global market. This is attributed to the early approval of endotracheal tubes and high use of these tubes due to rise in incidence of chronic diseases. However, Asia-Pacific is expected to grow at the highest CAGR of 7.3% during the study period, due to increase in affordability, surge in healthcare expenditure, and rise in awareness toward coated endotracheal tubes.

Make purchase enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/3622

Segment Overview:

The arm ABPM devices segment occupied the largest share in 2016, owing to the high usage, applicability, and availability of these devices for measuring ambulatory blood pressure. It is anticipated to continue its dominance during the forecast period. However, the wrist ABPM devices segment is expected to grow at the highest CAGR from 2017 to 2023.

Orotracheal intubation segment occupied the largest share in 2016, and is anticipated to continue its dominance during the forecast period. This is owing to the high usage, applicability, and comfortability. However, the nasotracheal intubation segment is expected to grow at the highest CAGR from 2017 to 2023. The utilization rate of coated endotracheal tubes for anesthesia is high; however, emergency medicine segment is expected to grow at a high rate during the forecast period. This is attributed to the increase in incidence of various types of trauma injuries and road accidents.

Key Findings of the Coated Endotracheal Tube Market:

• Orotracheal intubation segment accounted for around two-thirds share of the global coated endotracheal tubes market in 2016.

• Ambulatory surgical centers segment is expected to grow at a CAGR of 5.6% from 2017 to 2023.

• Emergency medicine segment accounted for around 34.9% share of the global coated endotracheal tubes market in 2016.

• North America accounted for around 43.9% share of the global coated endotracheal tubes market in 2016.

• Asia-Pacific is expected to grow at the highest CAGR of 7.3% from 2017 to 2023

Access full summary: https://www.alliedmarketresearch.com/drug-coated-endotracheal-tube-market

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

Shriram Dighe
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.