Endotracheal Tube Market: Growth Trends, Size, and Key Players 2024-2031

Market Size
Endotracheal Tube Market size was valued at USD 539.4 million in 2022 and is estimated to reach at a compound annual growth rate (CAGR) of 6.0% over the forecast period 2024-2031.

An endotracheal tube serves as a flexible plastic conduit inserted through the mouth into the trachea, linking to a ventilator for oxygen delivery to the lungs. This procedure, known as endotracheal intubation, is necessary when a patient cannot breathe independently. Typically crafted from polyvinyl chloride (PVC), these tubes are single-use devices.

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Endotracheal Tube Market Trends

The rising incidence of chronic respiratory ailments is anticipated to fuel market expansion. Chronic respiratory disorders (CRDs), as delineated by the Centers for Disease Control and Prevention, encompass conditions that compromise airways and lung structures. Among the most prevalent are chronic obstructive pulmonary disease (COPD), asthma, occupational lung disorders, and pulmonary hypertension.

Risk factors include exposure to air pollution, occupational chemicals and dust, and recurrent lower respiratory infections during childhood, alongside tobacco smoke. Asthma, affecting approximately 300 million individuals globally, exhibits higher prevalence rates in industrialized nations like the United States.

Moreover, data from the CDC's 2020 National Health Interview Surveys (NHIS) reveal that an estimated 25.2 million adults, along with 4.2 million children, grapple with asthma in the United States alone. In 2020, over 10.3 million individuals with asthma, including roughly 1.8 million children, reported experiencing one or more asthma attacks.

Consequently, orotracheal intubation emerges as the preferred method for managing acute respiratory distress in asthmatic patients. Thus, based on these insights, the market is poised for significant growth.

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Market Segmentation

By Product Type
Regular Endotracheal Tube (Standard Tubes)
Reinforced/Armored Endotracheal Tube
Preformed Endotracheal Tube
RAE tube
Double-lumen Endotracheal Tube
Other Specialty Endotracheal Tube

By Intubation Type
Orotracheal
Nasotracheal

By Application
Therapy
Emergency Treatment
Others

By End-user
Hospitals
Specialty Clinics
Ambulatory Surgical Center

Market Key Players
Major players are ConvaTec Inc., Bactiguard AB, Teleflex Incorporated, and Medtronic Plc. (Covidien), Smiths Group plc. (Smiths Medical), ROYAX, S.R.O, Medline Industries, Inc., Eakin Healthcare Group(Armstrong Medical Ltd), Venner Medical and P3 Medical Limited.

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