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Endotracheal Tube Market is Emergence of COVID-19 to Augment Growth | Medtronic, Teleflex, ConvaTec, Smiths Medical

06-24-2021 02:41 PM CET | Health & Medicine

Press release from: Coherent Market Insights

Endotracheal Tube Market

Endotracheal Tube Market

An endotracheal tube is a flexible plastic tube inserted into the trachea (windpipe) through the mouth to help a patient breathe. Then the tube is connected to a ventilator to deliver oxygen to the lungs. The process of inserting the tube is called endotracheal intubation. Endotracheal intubation is done to keep the airway open to give anesthesia, medicine, or oxygen. These tubes are widely used to support breathing in certain illnesses, such as severe trauma, collapsed lung, heart failure, emphysema, and pneumonia, as well as to remove blockages from the airway. The growth of the endotracheal tube market is mainly driven by the emergence of COVID-19 (coronavirus) around the world.

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COVID-19 is a respiratory disease and can cause a range of breathing problems, from mild to critical. According to the World Health Organization (WHO), worldwide, as of 3:57pm CEST, 27 April 2021, there have been around 147,539,302 confirmed cases of COVID-19, including 3,116,444 deaths. COVID-19 can affect the upper respiratory tract (sinuses, nose, and throat) and the lower respiratory tract (windpipe and lungs). Thus, there is an increasing demand for endotracheal tube due to increasing number of cases worldwide.

For instance, in November 2020, GE Healthcare launched a new AI algorithm to help clinicians assess endotracheal tube placements, an important step when ventilating critically ill COVID-19 patients.

The AI solution is one of five included in GE Healthcare’s Critical Care Suite 2.01, an industry-first collection of algorithms embedded on a mobile x-ray device for automated measurements, case prioritization, and quality control. Moreover, the endotracheal tube market growth can be attributed to the increasing prevalence of cardiovascular and respiratory diseases worldwide. According to the WHO, around 65 million people suffer from chronic obstructive pulmonary disease (COPD) and around 3 million die from it each year, making it the third leading cause of death worldwide. Around 334 million people suffer from asthma, the most common chronic disease of childhood affecting 14% of all children worldwide.

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Key Players of Endotracheal Tube Market:

The key Endotracheal Tube industry leaders profiled in the report 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.. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations, to enhance their market penetration

Endotracheal Tube Market Segmentation

Based on type, the absolute Endotracheal Tubes segment contributed to the largest share in 2020, accounting for more than two-fifths of the total share, and is estimated to maintain its dominant position during the forecast period.

By Product Type:

Cuffed
Uncuffed
Armored/Reinforced
Others
By Route:

Orotracheal
Nasotracheal
By End User:

Hospital
Ambulatory Surgical Centers
Others
Endotracheal Tube Market regional analysis includes:

Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia and Australia)

Europe (Turkey, Germany, Russia, United Kingdom, Italy, France, etc.)

North America (United States, Mexico and Canada).

South America (Brazil etc.)

Middle East and Africa (GCC countries and Egypt).

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