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Cuffed Endotracheal Tube Market Growth, Revenue and Forecasts 2021-2027 | Business Demand, Cost Structures, Region, Prominent Players and Industry Outlook - Medtronic, Smiths Group, Halyard, Angiplast

11-23-2021 10:14 AM CET | Health & Medicine

Press release from: Market Insights Reports

The Cuffed Endotracheal Tube Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The Global Cuffed Endotracheal Tube Market Size is Projected to Reach at a CAGR of 7% during 2021-2027.

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Market Overview:

Increasing patient pool suffering from tracheal infection will propel the revenue growth of the endotracheal tube cuffs market. Also, the availability of the different types of endotracheal tube cuffs according to patient need may boost the demand for endotracheal tube cuffs market. Moreover, rising preference by medical professionals to use endotracheal tube cuffs will upsurge the revenue generated from the endotracheal tube cuffs market. On other hand, lack of availability of reimbursement for the use of endotracheal tube cuffs may deter the revenue growth of the endotracheal tube cuffs market. Also stringent regulation by the FDA for the approval of class I medical devices will also hamper the progress of the endotracheal tube cuffs market. Rising incidences of tracheal infection among children in the past few years have shown some traction for the progress of endotracheal tube cuffs. According to World Health Organization, 4 to 8 per 10,000 children are suffering from bacterial trachealis around the globe. By product type, foam endotracheal tube cuffs will have a greater revenue share than laser-flex endotracheal tube cuffs over the forecast period. 

Top Leading Companies:

Medtronic, Smiths Group, Halyard, Angiplast, Poly Medicure, BD, Kindwell Medical, Aygun Surgical Instruments

Recent Development:

Medtronic has acquired 60 companies, including 14 in the last 5 years. A total of 15 acquisitions came from private equity firms. It has also divested 4 assets. Medtronic’s largest acquisition to date was in 2014 when it acquired Covidien for $42.9B. Its largest disclosed sale occurred in 2017 when it sold Medtronic - Patient Care Deep Vein Thrombosis & Nutritional Insufficiency Businesses to Cardinal Health for $6.1B. Medtronic has acquired in 14 different US states, and 8 countries. The Company’s most targeted sectors include medical products (88%) and healthcare services (8%).

Smiths Group has acquired 10 companies, including 2 in the last 5 years. A total of 7 acquisitions came from private equity firms. It has also divested 7 assets. Smiths Group’s largest acquisition to date was in 2005 when it acquired Medex for $925M. Its largest disclosed sale occurred in 2021 when it sold Smiths Medical Group to ICU Medical for $2.7B. Smiths Group has acquired in 6 different US states, and 2 countries. The Company’s most targeted sectors include medical products (25%) and electrical equipment (13%).

Cuffed Endotracheal Tube Market Segmentation by Type:

High Pressure-Low Volume Endotracheal Tube
Low Pressure-High Volume Endotracheal Tube

Cuffed Endotracheal Tube Market Segmentation by Application:

Hospital
Specialty Clinic
Ambulatory Surgical Center

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The U.S. Dominates the Market

The U.S. is the most lucrative country for the Endotracheal Tube Cuffs market due to the availability of improved healthcare infrastructure. Therefore, North America is the dominant region for the Endotracheal Tube Cuffs market in terms of revenue. After North America, the Endotracheal Tube Cuffs market is then followed by Europe and East Asia. The availability of favourable reimbursement scenarios for breast biopsy in European countries will up boost the revenue growth of the Endotracheal Tube Cuffs market in Europe. On other hand, the rising patient pool suffering from a tracheal infection in Japan and China will propel the growth of the Endotracheal Tube Cuffs market in the East Asia region. In South Asia, India is a most lucrative country for the Endotracheal Tube Cuffs market in terms of revenue due to rising awareness among the people about infectious diseases.

Regional Cuffed Endotracheal Tube Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

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Highlights of the Cuffed Endotracheal Tube Market Report:

Detailed overview of Cuffed Endotracheal Tube Market
Changing the Cuffed Endotracheal Tube market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Cuffed Endotracheal Tube market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Cuffed Endotracheal Tube Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Cuffed Endotracheal Tube Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Cuffed Endotracheal Tube industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

We Offer Customization on Report Based on Specific Client Requirement:

– Free country Level analysis for any 5 countries of your choice.

– Free Competitive analysis of any 5 key market players.

– Free 40 analyst hours to cover any other data point.

ABOUT US:

Market intelligence data is a global front-runner in the research industry, offering customers contextual and data-driven research services. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.

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Irfan Tamboli (Head of Sales) – Market Intelligence information

Phone: + 1704 266 3234 | 750-707-8687

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