Press release
Global Endotracheal Tube Market: High Prevalence of Chronic Diseases Causes Rapid Industry Growth
Global Endotracheal Tube Market Dynamics
The global endotracheal tube market is primarily driven by the increasing incidence of respiratory diseases such as chronic obstructive pulmonary disorders, etc., growing preference for anesthesia laryngeal masks over ETTs, increasing need for intubation during severe injuries, and rising surgeries across the globe.
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Global Endotracheal Tube Market Segmentation
Orotracheal tubes are expected to have the largest share in the intubation type segment of endotracheal tube market. The reason being, the product causes minimal pain, quick, and convenience of performing laryngoscopic surgeries.
Coated endotracheal tubes are expected to witness significant growth in the product type segment during the forecast period owing to their property to limit bacterial growth to prevent coagulation. The endotracheal tubes are coated with antibiotic substances like silver, polyvinyl chloride (PVC), etc.
Hospitals are expected to dominate in the end user segment, while Ambulatory surgical centers are expected to show the highest growth in the forecast period.
Global Endotracheal Tube Market Geographical Share
North America holds the major share for endotracheal tube market owing to the high prevalence of chronic diseases that require surgeries and technological advances in the region.
According to the Centers for Disease Control and Prevention (CDC), In the U.S., 6 out of 10 adults have a chronic disease, of which 4 in 10 adults have two or more diseases.
The Asia Pacific is expected to have the highest growth in the coming years, mainly due to the developing countries.
According to the World Health Organization, chronic respiratory diseases are a leading cause of death in developing countries that account for around four million deaths per year. And it is estimated that more than 90% of COPD deaths occur in low and middle-income countries owing to pollution and tobacco smoking.
Global Endotracheal Tube Market Competition
New product launches with an increased focus on R&D is the way the leading players improve their market presence. The key players in the endotracheal tube market are C. R. Bard, ConvaTec, N8 Medical LLC, Bactiguard, Teleflex, Medtronic Plc, Smiths Medical.
On 8th February 2018, N8 Medical’s CeraShield Endotracheal tube, ceragenin coated ETT has been recognized as a breakthrough device by FDA.
On 28th August 2018, Teleflex releases its U.S. based clinical study called CleanSweep closed suction system. The CleanSweep system uses both sweeping balloon technology and traditional suction collection to remove secretion build-up on the insides of endotracheal tubes.
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Table of contents overview -
1. Global Endotracheal Tube Market – Methodology and Scope
2. Global Endotracheal Tube Market – Market Definition and Overview
3. Global Endotracheal Tube Market – Executive Summary
4. Global Endotracheal Tube Market Dynamics
5. Global Endotracheal Tube Market – Industry Analysis
6. Global Endotracheal Tube Market – By Product type
7. Global Endotracheal Tube Market – By Intubation type
8. Global Endotracheal Tube Market – By Application
9. Global Endotracheal Tube Market – By End User
10. Global Endotracheal Tube Market – By Region
11. Global Endotracheal Tube Market – Competitive Landscape
12. Endotracheal Tube Market – Company Profiles
13. Global Endotracheal Tube Market – Premium Insights
14. Global Endotracheal Tube Market – DataM
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