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Anesthesia Endotracheal Tube Market Share, and Forecast to 2026

08-30-2018 03:47 PM CET | Health & Medicine

Press release from: Coherent Market Insights

Anesthesia Endotracheal Tube Market Share, and Forecast to 2026

Anesthesia endotracheal tubes are a type of catheter inserted in the trachea during endotracheal intubation to produce an anesthesia effect by introducing gaseous mixture through a tube. There are two types of endotracheal tubes for anesthesia management- the orotracheal tube and the nasotracheal tube. The nasotracheal tube is embedded through the nose into the trachea and the orotracheal tube is embedded through the mouth into the trachea.

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Geriatric population is highly susceptible to diseases and thus, account for a large proportion of the global patient population. According to United Nations, Department of Economic and Social Affairs, Population Division, the global population aged 60 & above increased by 68% in urban areas and by 25% in the rural areas between 2000 and 2015. This rise in geriatric population scenario is shaping favorably for sustained growth of anesthesia endotracheal tube market over the following decade.

Furthermore, the rise in surgical procedures and increasing accident and trauma cases serve as the driving factor for the growth of the market. According to World Health Organization, around 266.2 to 359.5 million surgeries were performed in 2012, which represents a 38% increase over the previous 8 years. These procedures involve the use of anesthesia in various orthopedic, cardiovascular, respiratory, neurology, and cosmetics-related procedures. This will lead to increasing demand for anesthesia disposable devices such as anesthesia endotracheal tubes.

Moreover, replacement of non-coated endotracheal tubes with coated endotracheal tubes by various manufacturers to prevent ventilator-associated pneumonia (VAP) infections, which caused due to the growth of microorganism on the surface of air management devices, thereby causing illness is also contributes to a significant growth of the anesthesia endotracheal tubes market.

Regional segmentation of the global anesthesia endotracheal tubes market by Coherent Market Insights comprises North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

North America hold the major share due to higher per capita income and technological advancement. Also, rise in health concerns among the people formed a major factor for rise in minimally invasive procedures in the U.S. According to American Society of Plastic Surgeons (ASPS), around 15.9 million surgical and minimally-invasive cosmetic procedures performed in the U.S. in 2015 which showed a 2% increase over 2014.

Asia Pacific is expected to witness fastest growth in the global anesthesia endotracheal tubes market due to increasing patient pool and growing medical tourism for various surgeries in the region. For instance, according to Directorate-General of Commercial Intelligence and Statistics of India, in 2015-2016, hospitals in India recorded 460,000 international patients.

Manufacturers are focusing on providing innovative products by providing new material coatings to prevent from Ventilator associated Pneumonia (VAP), a common hospital-spread infections in people who are intubated and mechanically ventilated.

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CR Bard’s The AGENTO I.C. silver-coated endotracheal tube (ETT) is a scientifically proven, ventilator-associated pneumonia (VAP) preventive device for patients at risk of intubation for 24 hours or longer that minimizes user dependence.

Key players operating in the anesthesia endotracheal tubes market include Medtronic Plc, General Electric Company, C. R. Bard, Inc., ConvaTec Group plc, Smith Medical, Inc., KindWell Medical Equipment Co.,Ltd, Royax, Fuji Systems Corp., Teleflex Incorporated., Neurovision Medical Products and Intersurgical GmbH

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

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