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The Global AnesthesiaEndotracheal Tube Market, by Product Type (Nasotracheal Tubes andOrotracheal Tubes), by End User (Hospitals and Ambulatory Surgical Centers) wasvalued at US$ 134.2 million in 2017 and is projected to exhibit a CAGR of 6.1%over the forecast period (2018 - 2026). Endotracheal tubes are mostly made ofpolyvinylchloride (PVC) and are single-use. This are embedded into the tracheafor the administration of anesthesia, ventilation of the lungs, aspiration ofsecretions, maintenance of the airway passage, and anticipation of thepassageway of foreign material into the tracheobronchial tree.
Increasing incidence ofcardiovascular diseases, chronic diseases, and cancer are expected to increasethe number of surgical procedures, which in turn is expected to fuel growth ofthe anesthesia endotracheal tubes market during the forecast period. For instance,according to Cancer Research U.K., 359,960 new cancer cases were diagnosed inU.K. in 2015 and 45% of these patients underwent cancer surgery. Furthermore,growing number of hospitals is also expected to drive growth of the market.According to American Hospital Association (AHA), an annual survey of hospitalsrecorded 5,534 total number of registered hospitals in 2017, which increased to5,564 in 2018, in the U.S.
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Browse 23 Market Data Tables and19 Figures spread through 157 Pages and in-depth TOC on "AnesthesiaEndotracheal Tube Market, by Product Type (Nasotracheal Tubes and OrotrachealTubes), by End User (Hospitals and Ambulatory Surgical Centers) - GlobalForecast to 2026"
Manufacturers are engaged inexpanding their services through online so that maximum end users can accesstheir product and in turn help them to gain more sales. Online marketingservices help manufacturers to minimize distribution, set-up, and operationalcosts. Many online service vendors such as IndiaMART and MedicalExpo sellanesthesia disposables products online. Vendors, like Medplus and ArmstrongMedical also sell anesthesia disposables products through online platforms.They also deliver discounts and promotional offers to increase the number ofonline purchases. Such platforms provide a significant advantage for anesthesiaendotracheal tubes which can be purchased in a bulk by hospitals or ambulatorysurgical centers at effective prices and in turn help manufacturers to gain thesubstantial volume growth and value returns.
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Key Takeaways of the AnesthesiaEndotracheal Tube Market:
The global anesthesiaendotracheal tube market is expected to expand at a CAGR of 6.1% during theforecast period (2018–2026), owing to continuous technological advancement andincreasing incidence of ventilator associated pneumonia
Existing endotracheal tubes (ETT)are being equipped with additional features to enhance their usage so that theresults are effective, and there are no side effects. For instance, in 2017,Neurovision introduced Cobra ETT electrodes that can integrated into a standardendotracheal tube and create an open airway for patient ventilation whilesimultaneously monitoring the Electromyography (EMG) activity and assessment ofthe nerves involved in the laryngeal activity. Such techniques promote theusage of anesthesia endotracheal tubes during the forecast period.
Major players operating in theglobal anesthesia endotracheal tube market include Medtronic Plc, GeneralElectric Company, C. R. Bard, Inc., ConvaTec Group plc, Smith Medical, Inc.,KindWell Medical Equipment Co.,Ltd, Royax, Fuji Systems Corp., TeleflexIncorporated., Neurovision Medical Products and Intersurgical GmbH
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