Product Overview
The tracheal tubes and airway products are the devices used for the improvement of the patient respiration system and ensure the optimum inhalation and exhalation of the oxygen and carbon dioxide. It is also known as endotracheal tubes. These tubes are used in the trachea to maintain an airway for the passage of the drugs in the system. The tubes are also coated with anti-microbial properties. These tubes reduces the passage of secretions and suitable for nasal and oral intubation. The tracheal tubes and airway products are generally used for anesthesia, mechanical ventilation, critical care and emergency medicine.
Market Size and Forecast
The global tracheal tubes and airway products market is anticipated to increase at a substantial CAGR during 2018-2027. The increasing population suffering from respiratory disease is anticipated to fuel market growth of the global tracheal tubes and airway products market during the forecast period.
The global tracheal tubes and airway products market can be segmented on the basis of product, end-users and region. On the basis of the product, it is sub-segmented into breathing circuits, endotracheal tube, tracheostomy tube, laryngeal mask and oral and nasopharyngeal airways. The endotracheal tube sub-segment is anticipated to be the largest sub-segment of the product type segment of the global tracheal tubes and airway products market. The increasing use of the endotracheal tube for the treatment of the chronic respiratory diseases is anticipated to be the key factor for the endotracheal tube sub-segment to lead the product segment during the forecast period. On the basis of end-users, it is sub-segmented into medical diagnostics sector, healthcare facilities, medical diagnostics sector and others. Hospital sub-segment is anticipated to be the largest sub-segment for the global tracheal tubes and airway products market. The availability of large pool of patients suffering from various chronic respiratory diseases coupled with presence of advanced devices for the treatment of respiratory disease is driving the market growth of the global tracheal tubes and airway products.
By region, global tracheal tubes and airway products market is segmented into North America, Asia-Pacific, Latin America, Europe, Middle East and Africa. North America is anticipated to hold the largest market share for the global tracheal tubes and airway products market during the forecast period. The increasing technological development in the region coupled with the availability of the advanced devices is expected to fuel the market growth of the tracheal tubes and airway products across the globe. Asia-Pacific region is anticipated to be the fastest developing region for the global tracheal tubes and airway products market. The rising aging population in the region especially in China and India is anticipated to incur respiratory problems which in turn propel the demand for the tracheal tubes and airway products in the region.
Market Segmentation
Our in-depth analysis segmented the global tracheal tubes and airway products market in the following segments:
By Product:
- Breathing Circuits
- Endotracheal Tube
- Tracheostomy Tube
- Laryngeal mask
- Oral and Nasopharyngeal Airways
By End-Users:
- Medical diagnostics sector
- Healthcare facilities
- Medical diagnostics sector
- Others
By Region
Global tracheal tubes and airway products market is further classified on the basis of region as follows:
- North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
- Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
- Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Growth Drivers and Challenges
The rising ageing population suffering from chronic respiratory disease is anticipated to be major growth driver for the global tracheal tubes and airway products market during the forecasts period. The rising technological development in the healthcare industry is anticipated to boost the demand for the tracheal tubes and airway products. Additionally, the rising pollution level across the globe is increasing the cases of the people suffering from respiratory disease which may fuel the demand for the tracheal tubes and airway products.
However, lack of skilled healthcare professionals in the various developing regions is the major factor expected to hamper the growth of the global tracheal tubes and airway products market over the forecast period.
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