The Intubation Tubes Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Intubation Tubes Global Market Report 2024, The intubation tubes market size has grown strongly in recent years. It will grow from $2.78 billion in 2023 to $3.01 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to increased surgical procedures, rise in incidence of respiratory disorders, advancements in anesthesia practices, emergency medical interventions, expanding aging population.
The intubation tubes market size is expected to see strong growth in the next few years. It will grow to $4.14 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to continued surgical advancements, increasing critical care needs, global health crisis preparedness, rise in trauma cases, technological enhancements in tube design, training and education programs.. Major trends in the forecast period include customization and personalization, regulatory emphasis on product safety, collaborations and partnerships, telehealth impact, environmental sustainability.
The rise in the prevalence of hospital-acquired infections is expected to propel the growth of the intubation tube market going forward. Hospital-associated infections refer to infections acquired during the process of receiving medical care that were not present at the time of admission to the hospital. Intubation tubes can help prevent transmission of infections, which occurs when food, liquid, or other substances enter the lungs instead of the stomach, leading to pneumonia and other infections, to draw out and soak mucus from the patient’s breathing passages, reducing the risk of infection. For instance, in November 2022, according to the 2021 National and State Progress Report on Healthcare-Associated Infections from the Centers for Disease Control and Prevention, there was a 7% rise in central line-associated bloodstream infections (CLABSI) between 2020 and 2021 and a 5% rise in catheter-associated urinary tract infections (CAUTI) between 2020 and 2021. Therefore, the rise in the prevalence of hospital-acquired infections drives the intubation tube market.
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The intubation tubes market covered in this report is segmented –
1) By Product Type: Regular Intubation Tube, Reinforced Intubation Tube, Preformed Intubation Tube, Double lumen Intubation Tube
2) By Application: Emergency Treatment, Therapy, Other Applications
3) By End-User: Hospitals, Medical Centers, Other End-Users
Technological developments are a key trend gaining popularity in the intubation tube market. Companies operating in the intubation tube market are adopting new technologies, such as wireless communication and monitoring to sustain their position in the market. For instance, in May 2021, Medtronic plc, a US-based medical technology company, launched the SonarMed airway monitoring system. The SonarMed airway monitoring device tests for endotracheal tube (ETT) blockage and validates position in real-time using acoustic technology, providing clinicians with the critical information they need to make more educated, life-saving decisions for their youngest patients. It provides precise readings and rapid warnings, allowing for a coordinated response to potentially critical events such as ETT movement and migration.
The intubation tubes market report table of contents includes:
1. Executive Summary
2. Intubation Tubes Market Characteristics
3. Intubation Tubes Market Trends And Strategies
4. Intubation Tubes Market – Macro Economic Scenario
5. Global Intubation Tubes Market Size and Growth
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26. South America Intubation Tubes Market
27. Brazil Intubation Tubes Market
28. Middle East Intubation Tubes Market
29. Africa Intubation Tubes Market
30. Intubation Tubes Market Competitive Landscape And Company Profiles
Top Major Players:
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