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Intubation Tubes Market Insights, Forecast, Growth, Trends 2024-2033
Intubation Tubes Market
As per the report, the intubation tubes market size has grown strongly in recent years. It will grow from $2.78 billion in 2023 to $3.01 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The intubation tubes market size is expected to see strong growth in the next few years. It will grow to $4.14 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%.
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Prevalence Of Hospital-Acquired Infections Driving Intubation Tube Market Growth
The rise in the prevalence of hospital-acquired infections is expected to propel the growth of the intubation tube market going forward. Hospital-associated infections refer to infections acquired during the process of receiving medical care that were not present at the time of admission to the hospital. Intubation tubes can help prevent transmission of infections, which occurs when food, liquid, or other substances enter the lungs instead of the stomach, leading to pneumonia and other infections, to draw out and soak mucus from the patient's breathing passages, reducing the risk of infection. For instance, in November 2022, according to the 2021 National and State Progress Report on Healthcare-Associated Infections from the Centers for Disease Control and Prevention, there was a 7% rise in central line-associated bloodstream infections (CLABSI) between 2020 and 2021 and a 5% rise in catheter-associated urinary tract infections (CAUTI) between 2020 and 2021. Therefore, the rise in the prevalence of hospital-acquired infections drives the intubation tube market.
Technological Advances In The Intubation Tube Market
Technological developments are a key trend gaining popularity in the intubation tube market. Companies operating in the intubation tube market are adopting new technologies, such as wireless communication and monitoring to sustain their position in the market. For instance, in May 2021, Medtronic plc, a US-based medical technology company, launched the SonarMed airway monitoring system. The SonarMed airway monitoring device tests for endotracheal tube (ETT) blockage and validates position in real-time using acoustic technology, providing clinicians with the critical information they need to make more educated, life-saving decisions for their youngest patients. It provides precise readings and rapid warnings, allowing for a coordinated response to potentially critical events such as ETT movement and migration.
The intubation tubes market covered in this report is segmented -
1) By Product Type: Regular Intubation Tube, Reinforced Intubation Tube, Preformed Intubation Tube, Double lumen Intubation Tube
2) By Application: Emergency Treatment, Therapy, Other Applications
3) By End-User: Hospitals, Medical Centers, Other End-Users
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Major companies operating in the intubation tubes market report are Teleflex Incorporated, Medtronic Plc., Medline Industries LP, Venner Medical GmbH, Sonoma Pharmaceuticals Inc., Hospiteknik Healthcare, Armstrong Medical Ltd., Airway Innovations LLC, Smiths Group Plc., C. R. Bard Inc., Bound Tree Medical LLC, Cook Medical, Olympus Corporation, Alamo Scientific Inc., ICU Medical Inc., ConvaTec Group Plc, Mercury Medical Inc., Intersurgical Ltd., Vyaire Medical Inc., VBM Medizintechnik GmbH, SunMed Holdings LLC, Cardinal Health Inc., TG Eakin Ltd., Diversatek Inc., Verathon Inc., Vygon SA, Dale Medical Products Inc., Ambu A/S, Akin Global Medical, ErgoMed Inc., Laerdal Medical AS, Biotronik, SurModics Inc.
Contents of the report:
1. Executive Summary
2. Intubation Tubes Market Report Structure
3. Intubation Tubes Market Trends And Strategies
4. Intubation Tubes Market - Macro Economic Scenario
5. Intubation Tubes Market Size And Growth
…..
27. Intubation Tubes Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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