Endotracheal tube market

Endotracheal Tube Market, By Product Type (Cuffed, Uncuffed, Armored/Reinforced, Others), By Route (Orotracheal, Nasotracheal), By End User (Hospitals, Ambulatory Surgical Centers, Other), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

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Apr 2023
CMI2564
183 Pages
Excel & Pdf
Medical Devices

Summary

The global endotracheal tube market is estimated to be valued at US$ 920.0 million in 2023 and is expected to exhibit a CAGR of 6.6% during the forecast period (2023-2030).

Analysts’ Views on Global Endotracheal Tube Market:

The global endotracheal tube market's growth can be hindered by the increasing prevalence of hospital-acquired infections. Increasing product approvals and launches is one of the major factors that is expected to propel the growth of the market over the forecast period. For instance, on May 10, 2021, Medtronic plc, the global leader in medical technology, announced the U.S. commercial launch of the SonarMed airway monitoring system. The SonarMed airway monitoring system utilizes acoustic technology to check for endotracheal tube (ETT) obstruction and verify position in real-time, giving clinicians vital information required to make more informed, life-saving decisions for their patients.

Figure 1. Global Endotracheal Tube Market Share (%), by Route, 2023

Global Endotracheal Tube Market – Driver

Increasing product approvals and launches

Key players are focused on enhancing their product portfolio through increasing launches and FDA approval of advanced and efficient endotracheal tubes, which is expected to drive growth of the global ndotracheal tube market over the forecast period. For instance, on November 25, 2020, Bryan Medical, Inc. provides physicians and caregivers high quality, innovative products for acute care, sub-acute care and home care settings. The company announced that it had received FDA approval for the device Tenax Laser Resistant Endotracheal Tube. Tenax Laser Resistant Endotracheal Tube device is used for all types of surgical procedures involving carbon dioxide (10.60 microns) or KTP (532 nm) laser use (normal pulsed or continuous beam delivery in the non-contact mode) when endotracheal intubation is required to administer anesthetic gases or to overcome the emergency obstruction of an airway.

Figure 2. Global Endotracheal Tube Market Value (US$ Million), by Region, 2023

Global Endotracheal Tube Market- Regional Analysis

Among regions, North America is estimated to hold a dominant position in the global endotracheal tube market over the forecast period. North America holds 38.7% of the market share due to the presence of several high-income countries with strong healthcare infrastructure. For instance, increasing cases of pulmonary conditions, pneumonia, cancer, and other conditions, thus a rise in demand for coated endotracheal tubes in such diseases are a major factor that contributes toward the growth of the coated endotracheal tube market.

Global Endotracheal Tube Market – Impact of Coronavirus (COVID-19) Pandemic

Since the COVID-19 virus outbreak in December 2019, the disease spread to over 100 countries across the globe, and the World Health Organization declared it a public health emergency on January 30, 2020.

COVID-19 affected the economy in three main ways: by directly affecting the production and demand of drugs, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to nationwide lockdowns, several countries such as China, India, Saudi Arabia, the U.A.E., Egypt, and others are facing problems with the transportation of drugs from one place to another.

However, the COVID-19 pandemic had a negative impact on the global endotracheal tube market. Emergency intubation in patients with Covid-19 requires meticulous planning and preparation, as well as participation in practice drills.For instance, according to the study published in ASA publication, in June 2020 during COVID-19 elective surgeries were largely canceled, and emergency surgeries for patients with confirmed or suspected COVID-19 were permitted to proceed. Some of these surgeries were performed under general anesthesia with endotracheal intubation. It was performed in 2.3% of the 1,099 patients with confirmed COVID-19

Endotracheal Tube Market Report Coverage

Report Coverage	Details
Base Year:	2022	Market Size in 2023:	US$ 920.0 Mn
Historical Data for:	2017 to 2021	Forecast Period:	2023 to 2030
Forecast Period 2023 to 2030 CAGR:	6.6%	2030 Value Projection:	US$ 1,436.5 Mn
Geographies covered:	North America: U.S. and Canada Latin America: Brazil, Argentina, Mexico, and Rest of Latin America Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific Middle East: GCC Countries, Israel, and Rest of Middle East Africa: South Africa, North Africa, and Central Africa
Segments covered:	By Product Type: Cuffed, Uncuffed, Armored/Reinforced, Others By Route: Orotracheal, Nasotracheal By End User: Hospitals, Ambulatory Surgical Centers, Other
Companies covered:	Medtronic Plc, Teleflex Inc., ConvaTec Inc., Smiths Medical, Neurovision Medical Products, Intersurgical Inc., Royax, Novo Klinik-Service GmbH, Avanos Medical, Inc., Bactiguard, and N8 Medical LLC.
Growth Drivers:	Increasing product approvals and launches
Restraints & Challenges:	Rise in the prevalence of chronic diseases

Global Endotracheal Tube Market Segmentation:

The global endotracheal tube market report is segmented into product type, route, end user, and region

Based on Product Type, the market is segmented into cuffed, uncuffed, armored/reinforced, and others. Out of which, the cuffed segment is expected to hold a dominant position in the endotracheal tube market during the forecast period and this is attributed to the increasing prevalence of chronic respiratory diseases.

Based on Route, the market is segmented into orotracheal and nasotracheal. Out of which, the orotracheal segment is expected to hold a dominant position in the endotracheal tube market during the forecast period and this is attributed to the high incidence of postoperative sore throat.

Based on End User, the market is segmented into hospitals, ambulatory surgical centers, and others. Out of which, the hospital segment is expected to dominate the market over the forecast period and this is attributed to the increase in the number of new hospitals for the management of infection over the forecast period.

Among all segmentation, the route segment has the highest potential due to the increasing prevalence of orotracheal over the forecast period. For instance, Frontiers Media SA is a publisher of peer-reviewed, open access, scientific journals currently active in science, technology, and medicine.According to the data published by the Frontiers, on March 01, 2023, due to the high incidence rate of postoperative sore throat in intubated children at Northwest Amhara Comprehensive Specialized Hospitals, Ethiopia. A total of 411 patients were included in the study, with a response rate of 96.9%. The overall proportion of patients who developed postoperative sore throats was 45%.

Global Endotracheal Tube Market Cross Sectional Analysis:

Among endotracheal tube, the end user segment is dominant during the forecast period in the U.S. region due to the increasing number of hospitals which is expected to drive segment growth over the forecast period. For instance, according to the article published in National Library Of Medicine, on July 02, 2020, in the U.S. annually 15 million operating room intubations and 650,000 hospital intubations outside the operating room are performed, including 346,000 emergency department (ED) intubations.1,2. Despite its frequency, endotracheal intubation (ETI) is a high-risk procedure, with significant rates of respiratory complications, hemodynamic instability, and cardiac arrest.

Global Endotracheal Tube Market: Key Developments

For instance, in April 2020, Hydromer, is a leading global surface modification and coatings solutions provider announced teamed up with N8 Medical, is a clinical-stage medical device company focused on commercializing medical devices that incorporate a novel class of active compounds called ceragenins, as the coating supplier and manufacturing partner of CeraShield Endotracheal Tube which is used to treat ventilated COVID-19 patients in Canada

Global Endotracheal Tube Market: Key Trends

New method for determining the insertion depth of tracheal tubes in children

An innovative new method for determining the insertion depth of tracheal tubes in children
is expected to drive the endotracheal tube market growth over the forecast period. For instance, in March 2020, the British Journal of Anesthesia Data published the Advanced Pediatric Life Support Group method is use for the children and helps to determine the depth of tracheal tubes. It is based on age, the internal diameter of the tracheal tube, corrected gestational age or anthropometric data such as weight, nasal-tragus-length, sternal-tragus length or foot-length.

Global Endotracheal Tube Market: Restraint

Rise in the prevalence of chronic diseases

The global endotracheal tube market can be hindered by a rise in the prevalence of chronic diseases. For instance, according to the World Health Organization (WHO), in September 2022, non-communicable diseases were responsible for the death of approximately 40 million people worldwide. Factors such as high blood pressure, diabetes, obesity, and other unhealthy lifestyle-related disorders resulted in a higher percentage of the population developing non-communicable diseases. Additionally, according to the same source, over 17 million individuals died as a result of cardiovascular disorders, accounting for 32% of all deaths worldwide. Moreover, stroke and heart attack were responsible for 85% of these deaths.

Global Endotracheal Tube Market - Key Players

Major players operating in the global endotracheal tube market include Medtronic Plc, Teleflex Inc., ConvaTec Inc., Smiths Medical, Neurovision Medical Products, Intersurgical Inc., Royax, Novo Klinik-Service GmbH, Avanos Medical, Inc., Bactiguard, and N8 Medical LLC.

Table of Content

Table of Contents

*Browse 34 market data tables and 30 figures on “Global Endotracheal Tube Market” - Global forecast to 2030

Segmentation

- Frequently Asked Questions -

What is the current market size and compound annual growth rate (CAGR) of the global endotracheal tube market during the forecast period (2023-2030)?

The global endotracheal tube market is estimated to be valued at US$ 920.0 million in 2023 and is expected to exhibit a CAGR of 6.6% between 2023 and 2030.

What are the major factors driving the market growth?

Increasing product approvals and launches of endotracheal tubes is expected to drive the market growth.

Which is the leading endotracheal tube segment in the market?

Orotracheal is the leading route type segment in the market.

What are the key factors hampering the growth of the market?

Rise in the prevalence of chronic diseases is expected to hinder the market over the forecast period.

Which are the major players operating in the market?

Major players operating in the market include Medtronic Plc, Teleflex Inc., ConvaTec Inc., Smiths Medical, Neurovision Medical Products, Intersurgical Inc., Royax, Novo Klinik-Service GmbH, Avanos Medical, Inc., Bactiguard, and N8 Medical LLC.