Newly-released Endotracheal Tube Market analysis report by Future Market Insights shows that global sales of the Endotracheal Tube Market in 2022 was held at US$ 2.2 Billion. With a CAGR of 6.8% from 2023 to 2033, the market is projected to reach a valuation of US$ 4.5 Billion by 2033. Emergency Treatment application is expected to be the highest revenue-generating segment, accounting for an expected CAGR rate of 7.3% from 2023 to 2033.
Attribute | Details |
---|---|
Global Endotracheal Tube Market (2023) | US$ 2.3 Billion |
Global Endotracheal Tube Market (2033) | US$ 4.5 Billion |
Global Endotracheal Tube Market CAGR (2023 to 2033) | 6.8% |
USA Endotracheal Tube Market CAGR (2023 to 2033) | 6.7% |
Key Companies Profiled |
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As per the Endotracheal Tube Markets research by Future Market Insights - a market research and competitive intelligence provider, historically, from 2018 to 2022, market value of the Endotracheal Tube Markets increased at around 5.6% CAGR.
An endotracheal tube is a catheter or device that is placed into the trachea of a patient through the mouth or nose. This aids with the administration of anaesthetic gases or air to and from the patient, as well as maintaining an open airway. A large number of endotracheal tubes are constructed of polyvinyl chloride, however tubes with unique requirements are made of silicone rubber, latex rubber, or stainless steel. These tubes come in a variety of shapes and sizes, and are employed according to a patient's needs and medical condition.
Endotracheal tubes are in increasing demand as the number of surgical procedures increases due to an increase in diseases, such as cardiovascular disease, cancer, and respiratory illness. According to the World Health Organization's 2019 report, respiratory disorders are the biggest cause of death worldwide, responsible for around 4 million fatalities annually. Owing to this, the market is expected to swell significantly during the forecast period.
Due to an increase in surgical procedures, endotracheal tubes are in high demand. Approximately 313 million elective procedures are performed each year, according to a report named Global Surgery and Anaesthesia Statistics. Endotracheal intubation has seen medical device developments that have decreased the risk of getting an infection and lessened the risk of infection associated with endotracheal tubes.
Patients on a ventilator or proning for an endotracheal tube for more than 48 hours are at a higher risk of developing Ventilator-Associated Pneumonia (VAP). Owing to this, several companies are designing products with antithrombotic and antibacterial qualities that can help avoid VA. Medtronic Shiley Evac endotracheal tubes, as an example, are said to minimize VA by 50%.
Which Region is Projected to Offer the Largest Opportunity for Endotracheal Tube Market?
Due to rising healthcare spending, rising disposable revenue leading to higher affordability, and increasing patient preference for endotracheal-covered tubes, Asia Pacific is expected to witness significant growth during the projection period. Higher market growth would be aided by India's growing population, improved patient awareness of ventilator-related pneumonia, and increased cancer, lung illnesses, and cardiovascular disease incidence.
The United States market for Endotracheal Tubes is anticipated to register a CAGR of 6.7% with an absolute dollar opportunity of US$ 654.2 Million. The market is expected to rise due to an increase in surgical procedures due to an increase in chronic respiratory disorders such as cardiovascular diseases, respiratory diseases, diabetes, cancer, and other lung injuries. Furthermore, rising demand for ventilator-associated pneumonia and an increase in the geriatric population, which is more susceptible to chronic diseases, are driving market growth. However, postoperative problems from endotracheal intubation, as well as a scarcity of experienced experts, are limiting the market's expansion.
The market in the United Kingdom is expected to reach a valuation of US$ 202.3 Million by 2033. Growing with a CAGR of 7.5% in the forecast period, the market in the country is projected to garner an absolute dollar opportunity of US$ 103.5 Million.
In Japan, the market is expected to grow at a CAGR of 6.4% from 2023 to 2033, reaching US$ 645.5 Million by 2033. The market in the country is expected to gross an absolute dollar opportunity of US$ 359 Million during the forecast period.
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The increase in the number of respiratory illnesses caused by the rising occurrence of pulmonary ailments triggered the rise in demand for standard endotracheal tubes. Because the value of VAPs in this section of the healthcare industry is expected to increase in the coming years, the demand for regular endotracheal tubes is also expected to increase. The endotracheal segment is predicted by technological reports to increase at a healthy pace over the projection period. The market is divided into numerous discrete individual epoch tubes, reinforced individual epoch tubes, individual epoch pre-made tubes, and individual epoch double period tubes based on type.
The production of reinforced endotracheal tubes, for instance, is projected to rise at a faster rate throughout the forecast period, due to increased usage during surgery and recent advancements in endotracheal tubes. Furthermore, the expansion of the travel and transportation sector, as well as the absorption injuries and car accident rate, is projected to drive the reinforced endotracheal tube sector's future growth.
Due to the rising trend of hospitalization around the world, the hospital category had the highest revenue share. Furthermore, increased knowledge among physicians and nursing staff in hospital settings contributes to the segment's larger market share.
Over the projected period, the market through the clinics segment is expected to increase at the fastest pace. Clinics serve fewer patients, and they provide advantages such as affordability, effective treatment approaches, and a longer period of involvement with those who are afflicted.
The key players in the market include Teleflex Corporation, Medtronic, Medline Industries, Venner Medical, Sonoma Pharmaceutical, Hospiteknik Healthcare, Armstrong Medical, Airway Innovations, and Smith’s Group.
Few of the recent developments of key Endotracheal Tube providers are as follows:
Similarly, recent developments related to companies offering Endotracheal Tube have been tracked by the team at Future Market Insights, which are available in the full report.
The industry is estimated to be around US$ 2.3 billion by the end of 2023.
Teleflex Corporation, Medtronic, and Medline Industries are the key players in the market.
The market is anticipated to surge at a CAGR of 6.8% through 2033.
United States is anticipated to surge at a CAGR of 6.7% through 2023.
Increasing number of surgical procedures is driving the global market sales.
1. Executive Summary | Endotracheal Tube Market
1.1. Global Market Outlook
1.2. Summary of Statistics
1.3. Key Market Characteristics & Attributes
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage
2.2. Market Definition
3. Market Risks and Trends Assessment
3.1. Risk Assessment
3.1.1. COVID-19 Crisis and Impact on
3.1.2. COVID-19 Impact Benchmark with Previous Crisis
3.1.3. Impact on Market Value (US$ Billion)
3.1.4. Assessment by Key Countries
3.1.5. Assessment by Key Market Segments
3.1.6. Action Points and Recommendation for Suppliers
3.2. Key Trends Impacting the Market
3.3. Formulation and Product Development Trends
4. Market Background
4.1. Market, by Key Countries
4.2. Market Opportunity Assessment (US$ Billion)
4.2.1. Total Available Market
4.2.2. Serviceable Addressable Market
4.2.3. Serviceable Obtainable Market
4.3. Market Scenario Forecast
4.3.1. Demand in optimistic Scenario
4.3.2. Demand in Likely Scenario
4.3.3. Demand in Conservative Scenario
4.4. Investment Feasibility Analysis
4.4.1. Investment in Established Markets
4.4.1.1. In Short Term
4.4.1.2. In Long Term
4.4.2. Investment in Emerging Markets
4.4.2.1. In Short Term
4.4.2.2. In Long Term
4.5. Forecast Factors - Relevance & Impact
4.5.1. Top Companies Historical Growth
4.5.2. Growth in Automation, By Country
4.5.3. Adoption Rate, By Country
4.6. Market Dynamics
4.6.1. Market Driving Factors and Impact Assessment
4.6.2. Prominent Market Challenges and Impact Assessment
4.6.3. Market Opportunities
4.6.4. Prominent Trends in the Global Market & Their Impact Assessment
5. Key Success Factors
5.1. Manufacturers’ Focus on Low Penetration High Growth Markets
5.2. Banking on with Segments High Incremental Opportunity
5.3. Peer Benchmarking
6. Global Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033
6.1. Historical Market Analysis, 2018 to 2022
6.2. Current and Future Market Projections, 2023 to 2033
6.3. Y-o-Y Growth Trend Analysis
7. Global Market Value Analysis 2018 to 2022 and Forecast, 2023 to 2033
7.1. Historical Market Value (US$ Billion) Analysis, 2018 to 2022
7.2. Current and Future Market Value (US$ Billion) Projections, 2023 to 2033
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type
8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Billion) Analysis By Product Type, 2018 to 2022
8.3. Current and Future Market Size (US$ Billion) Analysis and Forecast By Product Type, 2023 to 2033
8.3.1. Regular Endotracheal Tube
8.3.2. Reinforced Endotracheal Tube
8.3.3. Preformed Endotracheal Tube
8.3.4. Double lumen
8.4. Market Attractiveness Analysis By Product Type
9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Route Type
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Billion) Analysis By Route Type, 2018 to 2022
9.3. Current and Future Market Size (US$ Billion) Analysis and Forecast By Route Type, 2023 to 2033
9.3.1. Orotracheal
9.3.2. Nasotracheal
9.4. Market Attractiveness Analysis By Route Type
10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Billion) Analysis By Application, 2018 to 2022
10.3. Current and Future Market Size (US$ Billion) Analysis and Forecast By Application, 2023 to 2033
10.3.1. Emergency Treatment
10.3.2. Therapy
10.3.3. Other Applications
10.4. Market Attractiveness Analysis By Application
11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-use
11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ Billion) Analysis By End-use, 2018 to 2022
11.3. Current and Future Market Size (US$ Billion) Analysis and Forecast By End-use, 2023 to 2033
11.3.1. Hospitals
11.3.2. Clinics
11.3.3. Ambulatory Surgical Centers
11.3.4. Other End-Uses
11.4. Market Attractiveness Analysis By End-use
12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
12.1. Introduction
12.2. Historical Market Size (US$ Billion) Analysis By Region, 2018 to 2022
12.3. Current Market Size (US$ Billion) & Analysis and Forecast By Region, 2023 to 2033
12.3.1. North America
12.3.2. Latin America
12.3.3. Europe
12.3.4. APAC
12.3.5. Middle East and Africa (MEA)
12.4. Market Attractiveness Analysis By Region
13. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
13.1. Introduction
13.2. Pricing Analysis
13.3. Historical Market Value (US$ Billion) Trend Analysis By Market Taxonomy, 2018 to 2022
13.4. Market Value (US$ Billion) & Forecast By Market Taxonomy, 2023 to 2033
13.4.1. By Country
13.4.1.1. USA
13.4.1.2. Canada
13.4.1.3. Rest of North America
13.4.2. By Product Type
13.4.3. By Route Type
13.4.4. By End-use
13.4.5. By Application
13.5. Market Attractiveness Analysis
13.5.1. By Country
13.5.2. By Product Type
13.5.3. By Route Type
13.5.4. By End-use
13.5.5. By Application
14. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Value (US$ Billion) Trend Analysis By Market Taxonomy, 2018 to 2022
14.4. Market Value (US$ Billion) & Forecast By Market Taxonomy, 2023 to 2033
14.4.1. By Country
14.4.1.1. Brazil
14.4.1.2. Mexico
14.4.1.3. Rest of Latin America
14.4.2. By Product Type
14.4.3. By Route Type
14.4.4. By End-use
14.4.5. By Application
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Product Type
14.5.3. By Route Type
14.5.4. By End-use
14.5.5. By Application
15. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Value (US$ Billion) Trend Analysis By Market Taxonomy, 2018 to 2022
15.4. Market Value (US$ Billion) & Forecast By Market Taxonomy, 2023 to 2033
15.4.1. By Country
15.4.1.1. Germany
15.4.1.2. France
15.4.1.3. United Kingdom
15.4.1.4. Italy
15.4.1.5. Spain
15.4.1.6. Netherlands
15.4.1.7. Rest of Europe
15.4.2. By Product Type
15.4.3. By Route Type
15.4.4. By End-use
15.4.5. By Application
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Product Type
15.5.3. By Route Type
15.5.4. By End-use
15.5.5. By Application
16. APAC Market Analysis 2018 to 2022 and Forecast 2023 to 2033
16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Value (US$ Billion) Trend Analysis By Market Taxonomy, 2018 to 2022
16.4. Market Value (US$ Billion) & Forecast By Market Taxonomy, 2023 to 2033
16.4.1. By Country
16.4.1.1. China
16.4.1.2. Japan
16.4.1.3. South Korea
16.4.1.4. Rest of APAC
16.4.2. By Product Type
16.4.3. By Route Type
16.4.4. By End-use
16.4.5. By Application
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By Product Type
16.5.3. By Route Type
16.5.4. By End-use
16.5.5. By Application
17. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Value (US$ Billion) Trend Analysis By Market Taxonomy, 2018 to 2022
17.4. Market Value (US$ Billion) & Forecast By Market Taxonomy, 2023 to 2033
17.4.1. By Country
17.4.1.1. Saudi Arabia
17.4.1.2. South Africa
17.4.1.3. UAE
17.4.1.4. Rest of Middle East and Africa
17.4.2. By Product Type
17.4.3. By Route Type
17.4.4. By End-use
17.4.5. By Application
17.5. Market Attractiveness Analysis
17.5.1. By Country
17.5.2. By Product Type
17.5.3. By Route Type
17.5.4. By End-use
17.5.5. By Application
18. Key Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033
18.1. Introduction
18.1.1. Market Value Proportion Analysis, By Key Countries
18.1.2. Global Vs. Country Growth Comparison
18.2. USA Market Analysis
18.2.1. Value Proportion Analysis by Market Taxonomy
18.2.2. Value Analysis and Forecast by Market Taxonomy, 2018 to 2033
18.2.2.1. By Product Type
18.2.2.2. By Route Type
18.2.2.3. By End-use
18.2.2.4. By Application
18.3. Canada Market Analysis
18.3.1. Value Proportion Analysis by Market Taxonomy
18.3.2. Value Analysis and Forecast by Market Taxonomy, 2018 to 2033
18.3.2.1. By Product Type
18.3.2.2. By Route Type
18.3.2.3. By End-use
18.3.2.4. By Application
18.4. Mexico Market Analysis
18.4.1. Value Proportion Analysis by Market Taxonomy
18.4.2. Value Analysis and Forecast by Market Taxonomy, 2018 to 2033
18.4.2.1. By Product Type
18.4.2.2. By Route Type
18.4.2.3. By End-use
18.4.2.4. By Application
18.5. Brazil Market Analysis
18.5.1. Value Proportion Analysis by Market Taxonomy
18.5.2. Value Analysis and Forecast by Market Taxonomy, 2018 to 2033
18.5.2.1. By Product Type
18.5.2.2. By Route Type
18.5.2.3. By End-use
18.5.2.4. By Application
18.6. Germany Market Analysis
18.6.1. Value Proportion Analysis by Market Taxonomy
18.6.2. Value Analysis and Forecast by Market Taxonomy, 2018 to 2033
18.6.2.1. By Product Type
18.6.2.2. By Route Type
18.6.2.3. By End-use
18.6.2.4. By Application
18.7. France Market Analysis
18.7.1. Value Proportion Analysis by Market Taxonomy
18.7.2. Value Analysis and Forecast by Market Taxonomy, 2018 to 2033
18.7.2.1. By Product Type
18.7.2.2. By Route Type
18.7.2.3. By End-use
18.7.2.4. By Application
18.8. Italy Market Analysis
18.8.1. Value Proportion Analysis by Market Taxonomy
18.8.2. Value Analysis and Forecast by Market Taxonomy, 2018 to 2033
18.8.2.1. By Product Type
18.8.2.2. By Route Type
18.8.2.3. By End-use
18.8.2.4. By Application
18.9. Spain Market Analysis
18.9.1. Value Proportion Analysis by Market Taxonomy
18.9.2. Value Analysis and Forecast by Market Taxonomy, 2018 to 2033
18.9.2.1. By Product Type
18.9.2.2. By Route Type
18.9.2.3. By End-use
18.9.2.4. By Application
18.10. UK Market Analysis
18.10.1. Value Proportion Analysis by Market Taxonomy
18.10.2. Value Analysis and Forecast by Market Taxonomy, 2018 to 2033
18.10.2.1. By Product Type
18.10.2.2. By Route Type
18.10.2.3. By End-use
18.10.2.4. By Application
18.11. Netherlands Market Analysis
18.11.1. Value Proportion Analysis by Market Taxonomy
18.11.2. Value Analysis and Forecast by Market Taxonomy, 2018 to 2033
18.11.2.1. By Product Type
18.11.2.2. By Route Type
18.11.2.3. By End-use
18.11.2.4. By Application
18.12. China Market Analysis
18.12.1. Value Proportion Analysis by Market Taxonomy
18.12.2. Value Analysis and Forecast by Market Taxonomy, 2018 to 2033
18.12.2.1. By Product Type
18.12.2.2. By Route Type
18.12.2.3. By End-use
18.12.2.4. By Application
18.13. Japan Market Analysis
18.13.1. Value Proportion Analysis by Market Taxonomy
18.13.2. Value Analysis and Forecast by Market Taxonomy, 2018 to 2033
18.13.2.1. By Product Type
18.13.2.2. By Route Type
18.13.2.3. By End-use
18.13.2.4. By Application
18.14. South Korea Market Analysis
18.14.1. Value Proportion Analysis by Market Taxonomy
18.14.2. Value Analysis and Forecast by Market Taxonomy, 2018 to 2033
18.14.2.1. By Product Type
18.14.2.2. By Route Type
18.14.2.3. By End-use
18.14.2.4. By Application
18.15. Saudi Arabia Market Analysis
18.15.1. Value Proportion Analysis by Market Taxonomy
18.15.2. Value Analysis and Forecast by Market Taxonomy, 2018 to 2033
18.15.2.1. By Product Type
18.15.2.2. By Route Type
18.15.2.3. By End-use
18.15.2.4. By Application
18.16. South Africa Market Analysis
18.16.1. Value Proportion Analysis by Market Taxonomy
18.16.2. Value Analysis and Forecast by Market Taxonomy, 2018 to 2033
18.16.2.1. By Product Type
18.16.2.2. By Route Type
18.16.2.3. By End-use
18.16.2.4. By Application
18.17. UAE Market Analysis
18.17.1. Value Proportion Analysis by Market Taxonomy
18.17.2. Value Analysis and Forecast by Market Taxonomy, 2018 to 2033
18.17.2.1. By Product Type
18.17.2.2. By Route Type
18.17.2.3. By End-use
18.17.2.4. By Application
18.17.3. Competition Landscape and Player Concentration in the Country
19. Market Structure Analysis
19.1. Market Analysis by Tier of Companies
19.2. Market Concentration
19.3. Market Share Analysis of Top Players
19.4. Market Presence Analysis
19.4.1. By Regional footprint of Players
19.4.2. Product footprint by Players
20. Competition Analysis
20.1. Competition Dashboard
20.2. Competition Benchmarking
20.3. Competition Deep Dive
20.3.1. Teleflex Corporation
20.3.1.1. Overview
20.3.1.2. Product Portfolio
20.3.1.3. Sales Footprint
20.3.1.4. Strategy Overview
20.3.2. Medtronic
20.3.2.1. Overview
20.3.2.2. Product Portfolio
20.3.2.3. Sales Footprint
20.3.2.4. Strategy Overview
20.3.3. Medline Industries
20.3.3.1. Overview
20.3.3.2. Product Portfolio
20.3.3.3. Sales Footprint
20.3.3.4. Strategy Overview
20.3.4. Venner Medical
20.3.4.1. Overview
20.3.4.2. Product Portfolio
20.3.4.3. Sales Footprint
20.3.4.4. Strategy Overview
20.3.5. Sonoma Pharmaceutical
20.3.5.1. Overview
20.3.5.2. Product Portfolio
20.3.5.3. Sales Footprint
20.3.5.4. Strategy Overview
20.3.6. Hospiteknik Healthcare
20.3.6.1. Overview
20.3.6.2. Product Portfolio
20.3.6.3. Sales Footprint
20.3.6.4. Strategy Overview
20.3.7. Armstrong Medical
20.3.7.1. Overview
20.3.7.2. Product Portfolio
20.3.7.3. Sales Footprint
20.3.7.4. Strategy Overview
20.3.8. Airway Innovations
20.3.8.1. Overview
20.3.8.2. Product Portfolio
20.3.8.3. Sales Footprint
20.3.8.4. Strategy Overview
20.3.9. Smith’s Group
20.3.9.1. Overview
20.3.9.2. Product Portfolio
20.3.9.3. Sales Footprint
20.3.9.4. Strategy Overview
21. Assumptions and Acronyms Used
22. Research Methodology
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