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Endotracheal Tube Market 2020 Key Drivers, Challenges and Overall Study by 2027 | Medtronic Plc, Teleflex Inc., ConvaTec Inc., Smiths Medical, Neurovision Medical Products, Intersurgical Inc., Royax, Novo Klinik-Service GmbH

03-31-2021 02:31 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Endotracheal Tube Market

Endotracheal Tube Market

The latest research report provides a complete analysis of the Global Endotracheal Tube Market for the forecast year 2020-2027, which is beneficial for companies regardless of their size and revenue. This survey report covering the major market insights and industry approach towards COVID-19 in the upcoming years. The market strategies undertaken, with respect to the current and future scenario of the industry, have also been listed in the study.

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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.

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Detailed Segmentation:

Global Endotracheal tube Market, By Product Type:
Cuffed
Uncuffed
Armored/Reinforced
Others
Global Endotracheal tube Market, By Route:
Orotracheal
Nasotracheal
Global Endotracheal tube Market, By End User:
Hospital
Ambulatory Surgical Centers
Others

Read Detailed Index of full Research Study at: https://www.coherentmarketinsights.com/market-insight/endotracheal-tube-market-2564

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About Coherent Market Insights

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.

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