Endotracheal Tube Market to Expand Steadily in the Coming Years

Increasing demand for advanced and efficient endotracheal tubes for to assist breathing in patient suffering from respiratory disorders is expected to provide immense growth opportunities for industry players operating in the global market over the forecast period. Moreover, key players in the market are focused on developing intubation systems to improve the endotracheal intubation procedure. For instance, in December 2016, Sanovas, Inc. launched LightSpeed Intubation System (LSI), a new and improved approach in endotracheal intubation. The system is offered by Intubation Science, Inc., a wholly owned subsidiary of Sanovas, Inc. The product is designed to improve accuracy and speed of endotracheal intubation procedure, and make airway management safer and faster.

Players operating in the market are focused on research for development of advanced and efficient product development, which is expected to drive the market growth over the forecast period. For instance, in August 2018, Teleflex initiated a U.S.-based clinical study for CleanSweep closed suction system. The CleanSweep system uses both sweeping balloon technology and conventional suction collection to remove secretion build-up inside the endotracheal tubes.

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Key players in the market are focused on adoption of expansion strategies such as mergers and acquisitions, collaborations and partnerships, in order to expand their product portfolio and global presence in the endotracheal tube market. For instance, in August 2019, Novo Klinik-Service GmbH acquired Innocath GmbH, a Germany-based medical device manufacturing company. Under this acquisition, Novo Klinik-Service GmbH expanded its airway management product portfolio by adding Innocath’s products in its product portfolio.

Moreover, in January 2017, Bactiguard and Mediplast entered into a partnership for distribution of Bactiguard infection prevention products in European countries such as Belgium, the Netherlands, and Luxembourg.

Companies operating in the global endotracheal tube market include Medtronic Plc, Teleflex Inc., ConvaTec Inc., Smiths Medical, Neurovision Medical Products, Intersurgical Inc., Royax, Novo Klinik-Service GmbH, Avanos Medical, Inc., Bactiguard, and N8 Medical LLC
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