Coated Endotracheal Tube Market Growth: 6.5% CAGR Expected to Reach $237.99 Million by 2030 – Allied Market Research
According to a new report published by Allied Market Research, titled, “Coated Endotracheal Tube Market by Component, Intubation, Application and End User: Global Opportunity Analysis and Industry Forecast, 2021-2030,” The coated endotracheal tube market was valued at $126.13 million in 2020, and is projected to reach $237.99 million by 2030, growing at a CAGR of 6.5% from 2021 to 2030.
Endotracheal tube is a medical device employed for airway management in critically injured, ill, or anesthetized patients. This tube is inserted in the trachea either through mouth or nose to confirm the adequate exchange of oxygen and carbon dioxide and maintains the patients airway.
𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐄𝐧𝐪𝐮𝐢𝐫𝐲@ https://www.alliedmarketresearch.com/purchase-enquiry/3622
These tubes are coated with antimicrobial coatings to avoid the bacterial growth or biofilm formation on the surface of endotracheal tube, which may cause airway obstruction.
Depending on intubation, the market is divided into orotracheal intubation and nasotracheal intubation. The orotracheal intubation segment accounted for the majority of market share of the global market in 2020, owing to increase in surgical procedures due to rise in prevalence of chronic respiratory diseases, surge in cases of ventilator-associated pneumonia, and increase in incidence of genetic disorders.
This tube is inserted in the trachea either through mouth or nose to confirm the adequate exchange of oxygen and carbon dioxide and maintains the patient’s airway. These tubes are coated with antimicrobial coatings to prevent the bacterial growth or biofilm formation on the surface of endotracheal tube, which may cause airway obstruction.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭@ https://www.alliedmarketresearch.com/request-sample/3622
On the basis of application, the market is segregated into anesthesia, emergency medicine, and others. The anesthesia segment accounted garnered the major share 2020, and is expected to remain dominant during the forecast period, owing to increase in prevalence of chronic respiratory diseases such as cardiovascular diseases, respiratory diseases, diabetes, cancer, and other lung injuries.
Application Segment Review
Based on coated endotracheal tube market trends by application, the market is segmented into anesthesia, emergency medicine, and others. Anesthesia segment accounted for the majority of market share of the global market in 2020 and expected to remain dominant during the forecast period, owing to rise in chronic respiratory diseases such as cardiovascular diseases, respiratory diseases, diabetes, cancer, and other lung injuries. These are the factors which is boosting the market growth.
Key Findings Of The Study
- By intubation, the orotracheal intubation segment held the largest market share in 2020 and is expected to remain dominant during the forecast period.
- By application, the anesthesia segment held the largest market share in 2020 and is expected to remain dominant during the forecast period.
- By end user, the hospitals segment held the largest market share in 2020 and is expected to remain dominant during the forecast period.
By region, North America is expected to experience market growth at the highest rate, registering a CAGR of 6.4% during the forecast period.
This report provides comprehensive competitive analysis and profiles of prominent market players such as
Bactiguard Holding AB, Avanos Medical, Hospiteknik Healthcare, Smiths Medical Plc., Fuji Systems Corp., N8 Medical LLC, Sharklet Technologies, Inc., Medtronic, Teleflex Incorporated, and Venner Medical.
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