Press release
Global Endotracheal Tube Market Size Set to Cross USD 1,871.3 Mn by 2032
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Global Endotracheal Tube Market Key Takeaways
Based on product type, cuffed sub-segment is expected to account for a prominent market share of 42.2% in 2025.
* By route of administration, orotracheal sub-segment will likely dominate the market, holding a share of 65.6% in 2025.
* In terms of end user, the hospitals segment is anticipated to contribute the highest market share of 50.2% in 2025.
* North America is set to retain its monopoly in the global endotracheal tube market, accounting for a share of 40.2% in 2025. This is due to rising number of video laryngoscopy and intubation procedures as well as strong presence of leading endotracheal tube manufacturers and suppliers.
* As per Coherent Market Insights, Asia Pacific is poised to record the fastest growth rate during the forecast period. It will likely hold a market share of 24.7% in 2025, driven by booming medical tourism, rising cases of chronic diseases, and easy availability of disposable endotracheal tubes.
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Rising Prevalence of Respiratory Disease Spurring Market Growth
The global endotracheal tube market is set to witness robust growth during the forecast period. This is attributed to increasing incidence of respiratory diseases and growing demand for airway management devices.
Growing incidence of chronic diseases like asthma, COPD, and pneumonia is increasing the need for endotracheal intubation. This, in turn, will eventually fuel demand for endotracheal tubes in the coming years.
Risk of Complications and Lack of Skilled Professionals Limiting Market Growth
There is no doubt that endotracheal tubes are essential in emergency and critical settings. However, the risk of complications associated with these medical devices, including airway trauma and ventilator-associated pneumonia (VAP), is limiting their adoption to a large extent. Another growth limiting factor is the lack of skilled professionals.
Opportunities for Growth
Rising number of surgical procedures globally is creating a high demand for medical breathing tubes and other airway management devices. ET tubes are crucial for anesthesia administration during surgeries. Thus, greater the number of surgeries, both elective and emergency ones, higher will be the endotracheal tube demand.
Emerging Endotracheal Tube Market Trends
* Advancement in endotracheal tube technology is a rapidly growing trend with substantial market potential. Top endotracheal tube manufacturers are introducing novel solutions like laser-resistant tubes with improved safety and efficiency. Similarly, industry players are developing antimicrobial-coated endotracheal tubes to reduce the risk of ventilator-associated pneumonia. There is also a growing trend of using biodegradable materials.
* Growing demand for neonatal and pediatric care is expected to positively impact sales of pediatric endotracheal tubes. This is because premature infants and newborns with respiratory distress syndrome often require tracheal intubation.
* Other emerging trends in endotracheal tube market include rising popularity of video laryngoscopy and increasing demand for disposable endotracheal tubes.
Analyst's View
"As the global population ages, the number of people that require medical interventions and surgical procedures involving tracheal intubation increases. This will likely create high demand for ET tubes," said a senior analyst at CMI. "Growth of ambulatory surgical centers will further sales of air management devices like suction-enabled endotracheal tubes."
Competitor Insights
Key companies in this market include:
- Sterimed Group
- ICU Medical, Inc.
- Advin Health Care
- Medtronic
- Van Oostveen Medical B.V.
- Teleflex Incorporated
- Convatec Inc.
- Fuji Systems Corp
- Hollister Incorporated
- Well Lead Medical Co. Ltd
- Medline
- Angiplast Pvt Ltd
- SEWOON MEDICAL Co., Ltd.
- Kimberly-Clark
Key Development
In November 2023, the University of Nottingham secured 1.1 million in funding from the Medical Research Council to start human trials for iTraXS, the world's first optical fiber sensor-equipped endotracheal tube.
In May 2021, Medtronic introduced the SonarMed airway monitoring system. The new product utilizes acoustic technology to detect ETT obstructions as well as verify tube positioning in real-time.
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About Us:
Coherent Market Insights leads into data and analytics, audience measurement, consumer behaviors, and market trend analysis. From shorter dispatch to in-depth insights, CMI has exceled in offering research, analytics, and consumer-focused shifts for nearly a decade. With cutting-edge syndicated tools and custom-made research services, we empower businesses to move in the direction of growth. We are multifunctional in our work scope and have 450+ seasoned consultants, analysts, and researchers across 26+ industries spread out in 32+ countries.
Contact Us:
Mr. Raj Shah Senior Client Partner - Business Development Coherent Market Insights
Phone:
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Email: sales@coherentmarketinsights.com
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Contact Person: Mr. Raj Shah
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