Coated Endotracheal Tube Market determined to grow $2,518 Million by 2023
The Global 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.
Request TOC of the Report @ https://www.alliedmarketresearch.com/request-sample/3622
To prevent or reduce the incidence of hospital acquired infection or ventilator-associated pneumonia (VAP), endotracheal tubes are coated with a drug-releasing coating that releases antimicrobial agents to inhibit bacterial growth and biofilm formation. Coated endotracheal tube includes variety of endotracheal tubes coated with drugs or materials, which offer antimicrobial properties to endotracheal tube. Coatings include heparin, silver, chlorhexidine, rifampicin, and minocycline agents.
The major factors that drive the coated endotracheal tubes market include increase in number of surgical procedures due to increase in chronic respiratory diseases, rise in prevalence of ventilator associated pneumonia, advantages of coated endotracheal tubes over traditional tubes, and growth in geriatric population. However, high risk of post-operative complications after endotracheal intubation and dearth of skilled professionals hamper the market growth. Conversely, the development of advanced coated endotracheal tubes, and untapped emerging economies, provide lucrative growth opportunities for the market.
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.
Send Enquiry on this report @ https://www.alliedmarketresearch.com/purchase-enquiry/3622
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
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.
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Coated Endotracheal Tube Market determined to grow $2,518 Million by 2023 here
News-ID: 1611245 • Views: 364
More Releases from Allied Market Research
Commercial Avionics Systems Market: Latest Industry Trends, Trades, Supply, Dema …
Commercial Avionics Systems Market Report, published by Allied Market Research, states that the commercial avionics systems market was valued at $16 billion in 2014 and is projected to reach $26 billion by 2022, growing at a CAGR of 7.1% from 2016 to 2022. Access Full Summary at: https://www.alliedmarketresearch.com/commercial-avionics-systems-market Surge in the number of aircraft deliveries, increasing demand for real-time data, economic growth in emerging countries, and increasing demand for in-flight entertainment (IFE)
Aerospace Robotics Market Comprehensive Evaluation with CAGR value of 17.2% duri …
Aerospace Robotics Market Report, published by Allied Market Research, projects that the global aerospace robotics market is expected to reach $5,687 million by 2022, growing at a CAGR of 17.2% from 2016 to 2022. The articulated robot segment is expected to dominate the global market during the forecast period. North America is expected to generate the maximum revenue in the global market by 2022. Access Full Summary at: https://www.alliedmarketresearch.com/aerospace-robotics-market The robotics technology
Smart Weapons Market Growth Forecast Through 2014-2022 With Upcoming Trends and …
Smart Weapons Market Report, published by Allied Market Research, projects that the smart weapons market size is expected to reach $99,380 million by 2022, growing at a CAGR of 11.6% from 2016 to 2022. This is attributed to the increase in defense expenditure by the governments paired with rising demand for precision strike weapons. North America is expected to be the largest market during the forecast period 2016-2022. Access Full Summary
Automotive Electronic Control Unit (ECU) Market is Projected to Reach US$ 749.6 …
According to a new report published by Allied Market Research, titled, Automotive Electronic Control Unit Market by Technology and Application: Global Opportunity Analysis and Industry Forecast, 2014-2022, the global automotive electronic control unit (AECU) market is estimated to reach $49,893 million by 2022 from $32,054 million in 2015. Asia-Pacific accounted for the highest share in 2015, and is anticipated to maintain its dominance throughout the forecast period. Access Full Summary at:
More Releases for Coated
Coated Papers Market Segmented By paper Machine-finished coated paper, Coated fi …
The growth of the paper and packaging industry has led to a high demand for various quality of papers in the market. The demand for papers such as bank papers, banana papers, bond papers, and coated papers have increased significantly due to their increasing application in packaging, advertising and others industries. The coated papers are coated with a mixture of materials, polymers or clays on both the sides of a
Metal Coated Flat Glass Market : just published
Metal Coated Flat Glass Market Asia-Pacific Metal Coated Flat Glass market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. View Entire Report @ https://www.reportsandmarkets.com/reports/asia-pacific-metal-coated-flat-glass-market-report-2017-1642207 Geographically, this report split Asia-Pacific into several key Regions, with sales (K MT), revenue (Million USD), market share and growth rate of Metal Coated Flat
Abs Coated Pipe- Technovision Engineers Pvt.Ltd.
Abs Coated Pipe Technovision Engineers Pvt. Ltd. Manufacturer & Supplier of a wide range of products which include ABS Coated Pipe such as Stainless Steel Pipe, Conductive Pipe, Slide pipe and Anti static color pipe. ABS Coated Pipe, is HSLA steel pipe coated with ABS resin. This ABS coating prevents the pipes from rusting and it provides excellent wear and impact resistance. Technovision ESD Pipe is ABS coated pipe with Electrostatic
Abs coated pipes- Manufacturers & Suppliers
Technovision Engineers Pvt. Ltd. Manufacturer & Supplier of a wide range of products which include ABS Coated Pipe such as Stainless Steel Pipe, Conductive Pipe, Slide pipe and Anti static color pipe. ABS Coated Pipe, is HSL steel pipe coated with ABS resin. This ABS coating prevents the pipes from rusting and it provides excellent wear and impact resistance. Technovision ESD Pipe is ABS coated pipe with Electrostatic Discharge capability. Coupled
Global Coated Fabrics Market 2016
Firstly, the report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The coated fabrics market analysis is provided for the international market including competitive landscape analysis, and major regions’ development status. Secondly, development policies and plans are discussed as well as manufacturing processes and cost structures. This report also states import/export, supply and consumption figures as well as cost, price, revenue and gross margin
Global Coated Paper Industry Analysis- 2020
Transparency Market Research has published a new report titled "Coated Paper Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.” According to the report, the global coated paper market was valued at US$ 36.94 Bn in 2013 and is anticipated to reach US$ 48.21 Bn by 2020, expanding at a CAGR of 3.9% between 2014 and 2020.Rise in internet trade is boosting demand for coated