March 29, 2020

Endotracheal Tubes Market | Key Players are Medtronic PLC, Becton Dickinson & Co., Smith’s Medical, Teleflex Incorporated, Fuji Systems Corp, among others.

The latest market report published by Credence Research, Inc. “Endotracheal Tubes Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026,” the global market for endotracheal tubes is expected to expand to CAGR by 6.0 per cent from 2018 to 2026.

Market Insights

The global market for endotracheal tubes is set to grow during the forecast period due to the growing volume of surgeries worldwide. The increase in the number of chronic respiratory diseases is also a major driver of the growth of the market for endotracheal tubes. Technology advancements in intubation with claims of reduced ventilator-associated pneumonia and other nosocomial infections will further increase the market demand for endotracheal tubes. In terms of product type, coated tubes held a significant market share in endotracheal tubes. These tubes are coated with antibiotics that reduce the risk of infection and bacterial growth. Reinforced / armoured tubes are projected to grow at the fastest rate during the forecast period. As far as end-users are concerned, hospitals have had the largest market share, while outpatient surgical centers (ASCs) have emerged as the fastest growing market due to the growing number of ASCs in North America and Asia Pacific.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/endotracheal-tubes-market

In terms of geography, the global endotracheal tubes market was dominated by North America. The major factors driving the market include high prevalence of chronic respiratory diseases, approvals of endotracheal tubes, and efficient reimbursement scenario in the region. High occurrence of ventilator-associated pneumonia (VAP) in the region is also a major driver for the growth of endotracheal tubes market. For instance, according a research VAP affects approximately 27% of the patients in ICU in the United States. Moreover, high healthcare spending and developed healthcare infrastructure will further drive the market. Asia Pacific emerged as the fastest growing region in the endotracheal tubes market owing to higher unmet medical needs, growing geriatric population, and increasing prevalence of respiratory diseases in the countries like China and India due to air pollution. Growing volume of surgeries performed, improving medical services and growing healthcare spending makes Asia Pacific the most attractive market for endotracheal tubes market.

The key players currently engaged in endotracheal tubes market include Medtronic PLC, Becton Dickinson & Co., Smith’s Medical, ConvaTec Group, Teleflex Incorporated, Fuji Systems Corp., Airway Innovations, Medline Industries, and Intersurgical GmbH among others.

Key Market Movements:

  • Growing prevalence of chronic respiratory diseases and ventilator-associated pneumonia (VAP) globally
  • Technological advancements in the tubes to reduce the chances of VAP
  • Rapid growth in healthcare sector in Asia Pacific to drive the demand for endotracheal tubes market

Access Free Sample Copy of Research Report: https://www.credenceresearch.com/sample-request/59570

[Note: Our Free Complimentary Sample Report Accommodate a Brief Introduction To The Synopsis, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology are also Included]

Report Scope by Segments

By Intubation Type

  • Nasotracheal Intubation
  • Orotracheal Intubation
  • Hybrid Intubation (Oral/Nasal)

By Product Type

  • Reinforced/armoured Endotracheal Tubes
  • Laser resistant Endotracheal Tubes
  • Standard Endotracheal Tubes
  • Coated Endotracheal Tubes
  • Others (double lumen tubes, RAE tubes)

By End-User Type

  • Hospital
  • Ambulatory Surgical Centers
  • Specialty Clinics

By Geography Segment

· North America (the U.S., Rest of North America)

· Europe (U.K., Germany, France, Rest of Europe)

· Asia Pacific (China, Japan, India, Rest of Asia Pacific)

· Rest of the World (the Middle East & Africa, Latin America)

Key questions answered in this report

  • How the global endotracheal tubes market will perform during the forecast period from 2018 to 2026?
  • What are the latest trends in the endotracheal tubes market and valuable opportunities for key players?
  • Who are the leading players in the global endotracheal tubes market?
  • Which is the leading/and fastest region in the global endotracheal tubes market?
  • What are drivers and restrains governing the global endotracheal tubes market?

Access Free Sample Copy of Research Report: https://www.credenceresearch.com/sample-request/59570

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