Tracheostomy Tubes Market Trends with Forecast up to 2025
Chronic obstructive pulmonary disease (COPD) is one of the leading causes of death across the world. According to the World Health Organization (WHO), approximately 251 million people were suffering from COPD worldwide in 2016. Increasing incidence of tobacco smoking and poor air quality, especially in middle-income countries, is a major factor leading to increasing prevalence of COPD, creating a large patient pool requiring mechanical ventilation through tracheostomy. Growing incidence of chronic respiratory diseases across the world, especially in developing countries; new and advanced products with ergonomic designs being introduced in the market by various players; and rising number of surgical procedures being performed every year are some of the major factors leading to increase in the demand for tracheostomy tubes across the globe. However, inadequate reimbursements for tracheostomy tubes and comparatively high prices of these devices are some of the major factors expected to restrain the global Tracheostomy Tubes Market during the forecast period.
Request to View Brochure of Report -
The global tracheostomy tubes market can be segmented based on component, product, application, end–user, and region. Based on component, the market has been segmented into outer cannulas, inner cannulas, and obturators. Based on product, the global tracheostomy tubes market has been segmented into cuffed tracheostomy tubes, un-cuffed tracheostomy tubes, fenestrated tracheostomy tubes, single- and dual-cannula tracheostomy tubes, and others. Various types of tracheostomy tubes are used, depending on the specific requirement of the procedure. Based on application, the global tracheostomy tubes market has been segregated into general anesthesia, critical care, mechanical ventilation, and others.
Among applications, the general anesthesia segment accounted for a major share of the market in 2016, owing to increasing number of surgical procedures including cardiothoracic surgeries. On the other hand, the mechanical ventilation segment is expected to register a comparatively high CAGR during the forecast period, owing to increasing incidence of respiratory diseases such as chronic obstructive pulmonary disease (COPD) and other infections of the respiratory tract, especially in countries such as India, China, Japan, and Brazil. This is expected to create a large patient pool requiring mechanical ventilation, leading to increase in the consumption of tracheostomy tubes across the globe during the forecast period. Based on end-user, the global tracheostomy tubes market has been segmented into hospitals, specialty clinics, ambulatory surgery centers, and home care settings.
Request to View ToC of Report -
Based on geography, the global tracheostomy tubes market has been segmented into five regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global tracheostomy tubes market in terms of revenue in 2016, owing to high per capita health care expenditure in the region and a large number of patients suffering from respiratory diseases and undergoing surgical procedures. The market in Asia Pacific is expected to register a comparatively high CAGR from 2017 to 2025. Latin America and Middle East & Africa accounted for minor shares in the global market in 2016.
Key players operating in the global tracheostomy tubes market include Medtronic, Teleflex Incorporated, Smiths Medical, and Fisher & Paykel Healthcare Limited.
View Report -
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
USA – Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Tracheostomy Tubes Market Trends with Forecast up to 2025 here
News-ID: 964518 • Views: 189
More Releases from Transparency Market Research
Biomedical Refrigerators and Freezers Market Insights by 2027
According to a new market report published by Transparency Market Research titled “Biomedical Refrigerators and Freezers Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027,” the global biomedical refrigerator and freezer market is expected to reach a value of US$ 7122.4 Mn by 2027. In terms of value, the market is estimated to expand at a CAGR of 4.5% during the forecast period from 2019 to 2027.
Construction Market Trends and Research Insights by 2027
Transparency Market Research delivers key insights on the global construction market. In terms of revenue, the construction market is estimated to expand at a CAGR of ~4% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the construction market report. In the report, TMR predicts that the construction market would be largely driven by factors, such as rise in population and investments in
Microdisplay Market to rise at a CAGR of 22.3% by 2027 – TMR
According to a new research report on the global microdisplay market published by Transparency Market Research (TMR) the global microdisplay market is expected to reach value of US$ 5782.6 Mn by 2027, expanding at a CAGR of 22.3% from 2019 to 2027. According to the report, the global market is likely to continue to be influenced by a range of macroeconomic and market-specific factors in the next few years. In
Automotive Wiring Harness Market Research Insights by 2027
According to the report, the global automotive wiring harness market is projected to reach ~US$ 76 Bn by 2027, expanding at a CAGR of ~5% during the forecast period. Increasing GDP and technological advancements are major factors fueling the demand for automotive wiring harness market globally. The automotive wiring harness is undergoing an architectural revolution, owing to increase in incorporation of electronic components in vehicles, causing the weight of wiring
More Releases for Tracheostomy
Global Tracheostomy Tube Market by Top Key Players: Medtronic, Osypka Medical, B …
Snapshot of Tracheostomy Tube Market: A commonly used tracheostomy tube consists of three parts: outer cannula with flange (neck plate), inner cannula, and an obturator. The outer cannula is the outer tube that holds the tracheostomy open. A neck plate extends from the sides of the outer tube and has holes to attach cloth ties or velcro strap around the neck. The inner cannula fits inside the outer cannula. It
Tracheostomy Equipment Package Market Analysis and Value Forecast Snapshot by En …
Tracheostomy Equipment Package Market – Introduction Tracheostomy equipment package is a set of medical devices that is used for stomas on the airway of an individual. Tracheostomy equipment package offers comfort and convenience to patients who have been through tracheostomy. Tracheostomy equipment package basically make the tracheostomy care hassle-free. Tracheostomy equipment package comprises a wide range of devices including trach tubes, trach collars, and aspirators. Assisting patients with breathing, and suctioning
Top Winning Strategies Tracheostomy Products Market Report Forecast - 2023
Tracheostomy is an opening made in the neck and windpipe (trachea) to enable unrestricted breathing. There are wide range of tracheostomy products available that vary in certain features for different purposes. A commonly used tracheostomy tube is made up of three parts, inner cannula, outer cannula with flange (neck plate), and an obturator. Tracheostomy is considered as one of the most frequently carried out surgical procedure in ICUs. The factors that
Tracheostomy Products Market – Current Trends, Opportunities & Challenges by 2 …
The report " Tracheostomy Products Market - Global Industry Analysis, Size, Growth, Trends and Forecast 2017 - 2025", has been prepared based on an in-depth market analysis with inputs from industry experts. The objectives of this study are as follows: To define, describe, and forecast the "Tracheostomy Products" market by type, application, component, delivery model, end user, and region To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and
Tracheostomy Market Dynamics and Growth Rate 2017-2022
This report studies the global Tracheostomy market, analyzes and researches the Tracheostomy development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like Medtronic Teleflex Medical Smiths Medical TRACOE Medical ConvaTec Boston Medical Cook Inc Fuji Systems Pulmodyne Well Lead TuoRen Ask for sample copy @ http://www.researchtrades.com/request-sample/1123776 Market segment by Regions/Countries, this report covers United States EU Japan China India Southeast Asia Market segment by Type, Tracheostomy can be split into Tracheostomy Tube Tracheostomy Introducer Market segment by
Global Medical Tracheostomy Tube Market Research Report 2016
Global Medical Tracheostomy Tube Industry 2016 Market Overview, Size, Share, Trends, Analysis, Technology, Applications, Growth, Market Status, Demands, Insights, Development, Research and Forecast 2016-2020. This market intelligence report serves its readers with an executive-level blueprint of the global Medical Tracheostomy Tube market. Data from a number of paid and unpaid sources including press releases, journals, presentations, and white papers has been taken into account for collating this report. The various factors influencing