Global Intubation Tube Market Growth, Analysis, Status and Prospects 2022-2032

Newly-released Intubation Tube Market analysis report by Future Market Insights shows that global sales of the Intubation Tube Market in 2021 were held at US$ 2.2 Bn in 2021. The estimated market growth between 2022 and 2032, at 6.8%, is expected to be higher than historical growth.

Orotracheal route type is expected to be the highest revenue-generating segment, which is projected to grow at a CAGR of over 7.2% during 2022 – 2032.

There has been a growth in the number of chronic illnesses which has raised the demand for Intubation Tube Market. Concerns about Ventilator-associated pneumonia have opened the way for medical devices with antibacterial and anticoagulant coatings. Other important drivers driving market expansion include the rising frequency of chronic respiratory illnesses and the increasing need for mechanical ventilation.

Furthermore, rising advances in nanobiotechnology and medicines design, as well as an increase in the number of surgeries, are expected to support the surge in product demand through 2027.

Revenue of Intubation Tube Market from 2017 to 2021 Compared To Demand Outlook For 2022 To 2032

As per the Intubation Tube Market research by Future Market Insights – market research and competitive intelligence provider, historically, from 2017 to 2021, the market value of the Intubation Tube Market increased at around 5.6% CAGR.

Intubation Tube Market are in high demand due to an increase in surgeries. There has been a lowered risk of infection linked with tubes while also enhancing product safety owing to technological advancements in endotracheal tubes.

Ventilator-associated pneumonia is more common in patients who have been on an Intubation Tube Market for over 48 hours. As a result, a large number of companies are working on antibacterial and anti-coagulant coatings to help reduce ventilator-associated pneumonia.

Also, the Coated Endotracheal Tube Market has been increasing owing to the rising prevalence of ventilator-associated pneumonia, thereby supporting market growth. As a consequence, technical advancements in Intubation Tube Market, as well as the surge in the geriatric population that is more susceptible to a number of chronic conditions, will aid market growth throughout the projection period.

Orotracheal intubation is expected to account for a considerable revenue share, owing to the increased penetration in emergency situations such as catastrophic injuries and cardiac arrests. Orotracheal intubation is becoming more popular among patients due to its superior comfort and applicability. The increased need for less painful and simple surgeries will further propel the market forward.

What Factors Are Propelling Intubation Tube Demand?

The rising frequency of chronic respiratory disease, the growing incidence of ventilator-associated pneumonia, increasing road accidents and trauma injuries, increasing prevalence of cancer, lung injuries, cardiovascular diseases, and technological developments in Intubation Tube Market are driving the market growth.

Owing to the increased occurrence of road accidents around the world, emergency treatment applications of Intubation Tube Market are expected to gain significant traction. More than 1.3 Mn people die in road traffic accidents per year, according to the World Health Organization (WHO). The industry’s growth will be influenced by the growing need to address poor ventilation and the rising number of occurrences of respiratory disorders.

Country-Wise Analysis

Which Country is at the Centerstage for Sales of Endotracheal Tube?

U.S. contributed over 30% to the global Intubation Tube Market revenue in 2021. The surge in tracheal diseases including tracheal stenosis, bronchial tumor, and tracheobronchomalacia have escalated the need for Intubation Tube Market demand in the country.

According to National Cancer Institute, lung and bronchus cancer in 2022, new lung and bronchial cancer cases in the U.S. is estimated at 236, 740 which is 12.3% of all new cancer cases. With this the death toll for this disorder will tally to 130,180, equivalent to 21.4% of all cancer-led deaths in the country.

Category-Wise Insights

Why Revenue through Orotracheal is projected to Witness Fastest Growth among Intubation Tube Market route types?

Revenue through the orotracheal route type is forecasted to grow at the higher CAGR of over 7.2% during 2022-2032. Orotracheal incubation is commonly used in cases of respiratory or cardiovascular arrest, poor oxygenation or ventilation and current or projected airway obstruction. As a result, orotracheal tube demand has increased over the years, and the route type is expected to grow at a strong rate over the projection period.

Key Companies Profiled

  • Teleflex Corporation
  • Medtronic
  • Medline Industries
  • Venner Medical
  • Sonoma Pharmaceutical
  • Hospiteknik Healthcare
  • Armstrong Medical
  • Airway Innovations
  • Smiths Group
  • ConvaTec, Inc.
  • DePuy Synthes
  • Stryker
  • Zimmer Biomet
  • Smith Nephew
  • Orthofix
  • Hydromer

Market Segments Covered In Intubation Tube Market Analysis

By Product Type:

  • Regular Intubation Tube Market
  • Reinforced Intubation Tube Market
  • Preformed Intubation Tube Market
  • Double lumen Intubation Tube Market

By Route Type:

  • Orotracheal Tube
  • Nasotracheal Tube

By Application:

  • Emergency Treatment
  • Therapy
  • Other Applications

Read More @ https://www.futuremarketinsights.com/reports/intubation-tube-market

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