16-Sep-2019 | Zion Market Research
Zion Market Research has published a new report titled “Tracheal Tubes and Airway Products Market By Product (Endotracheal Tube, Oral & Nasopharyngeal Airways, Breathing Circuits, Laryngeal Mask, and Tracheostomy Tube) and By End-User (Hospitals, Healthcare Facilities, Medical Diagnostics Sector, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global tracheal tubes and airway products market was USD 3.22 billion in 2018 and is expected to generate around USD 5.19 billion by 2025, at a CAGR of around 6.6% between 2019 and 2025.
The respiration system is an important part of the human body. To ensure the proper inhalation/exhalation of oxygen and carbon dioxide, airway products like tracheal tubes and other devices are used. Endotracheal tubes provide an airway and are used in the trachea. Drugs can pass through this airway. These tubes are coated with a material with anti-microbial properties, which results in suitable oral and nasal intubation along with reduced secretions. These tubes are used for critical care, anesthesia, emergency medicine, and mechanical ventilation. Oxygen can be administered in higher concentrations to the patient via these tubes.
Browse the full “Tracheal Tubes and Airway Products Market By Product (Endotracheal Tube, Oral & Nasopharyngeal Airways, Breathing Circuits, Laryngeal Mask, and Tracheostomy Tube) and By End-User (Hospitals, Healthcare Facilities, Medical Diagnostics Sector, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/tracheal-tubes-and-airway-products-market
The rising number of respiratory-related surgeries worldwide has resulted in the increased penetration of the tracheal tubes and airway products market. The increasing chronic respiratory diseases occurrences, technological advancements regarding intubation have resulted in reduced nosocomial infections, and an escalating aging population are also driving this global market.
The tracheal tubes and airway products market is divided based on product and end-user. By product, the market is divided into oral and nasopharyngeal airways, endotracheal tube, breathing circuits, tracheostomy tube, and laryngeal mask. Endotracheal tubes are mostly used, as they are highly effective in the treatment of respiratory diseases. The increasing occurrence of ventilator-associated pneumonia (VAP), high expenditure on healthcare and healthcare infrastructure, and the various advantages of endotracheal tubes usage have resulted in this segment’s growth. Some advantages of endotracheal tubes are removal of foreign objects from the body, effective general surgery procedure, visualization of the airway, and supporting patient breathing.
The end-user segment includes hospitals, medical diagnostics sector, healthcare facilities, and others. The presence of a large number of patients suffering from respiratory diseases and the development of advanced tools has resulted in the rising share of hospitals in this market.
North America is leading in the tracheal tubes and airway products market, due to the rising elderly population, increasing advancements in medical technology, growing R&D activities to develop advanced devices, and escalating pollution levels. The Asia Pacific region will experience show significant CAGR in the tracheal tubes and airway products market in the future, owing to the rapidly growing product demand in India and China, which are one of the most highly populated and polluted large countries in the world. There is also increasing awareness about ventilator-associated pneumonia (VAP) along with accelerating occurrences of cancer, cardiovascular diseases, and lung injuries, which are also driving this regional market.
Some key players in the tracheal tubes and airway products market are Smiths Medical, Intersurgical, Fuji Systems, Becton Dickinson & Co., Medline Industries, Medtronic, Teleflex Incorporated, ConvaTec, Airway Innovations, and Covidien.
This report segments the global tracheal tubes and airway products market into:
Global Tracheal Tubes and Airway Products Market: By Product
Global Tracheal Tubes and Airway Products Market: By End-User
Global Tracheal Tubes and Airway Products Market: By Region
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