Endotracheal tubes are medical devices that are inserted through the mouth or nose and then threaded through the vocal cords into the trachea to maintain an open airway and facilitate mechanical ventilation. They are especially useful for patients who are undergoing surgery, are in a medically induced coma, or who cannot breathe on their own due to injury or illness. Common indications for endotracheal intubation include respiratory failure, trauma, drug overdose, airway obstruction, and general anesthesia during surgery. Advancements in material science have led to the development of endotracheal tubes made of silicone and polyvinyl chloride (PVC) that deliver enhanced patient comfort and safety.
The global Endotracheal Tube Market is estimated to be valued at US$ 920 Mn in 2023 and is expected to exhibit a CAGR of 9.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Rising demand for ventilation therapy (as mentioned in the heading) is a key factor driving growth of the global endotracheal tube market. Endotracheal intubation is often necessary for patients requiring mechanical ventilation in intensive care units (ICUs) as it establishes a safe and effective airway for delivery of breaths. It is estimated that approximately 200 million people globally suffer from respiratory diseases each year, necessitating the use of ventilators and endotracheal tubes.
Additionally, technological developments focused on improving clinical outcomes are also contributing to increased adoption of endotracheal tubes. Advancements include the incorporation of subglottic suctioning ports to prevent pooled secretions above the cuff, new cuff designs and materials that minimize tissue trauma, and anti-microbial coatings shown to reduce ventilator-associated pneumonia. This is expected to further propel demand over the forecast period.
The global endotracheal tube market is dominated by the adult endotracheal tube segment which holds around 80% market share. Adult endotracheal tubes are preferred for patients undergoing surgery or require mechanical ventilation support in intensive care units. They are available in different sizes ranging from 6.0-9.0 mm so as to accommodate anatomies of different adult patients. Pediatric endotracheal tubes account for the remaining 20% share and are used for intubating neonates, infants, and children. They come in smaller sizes of 2.5-5.5 mm outer diameter.
Political: The market is positively impacted by increasing healthcare expenditure by various governments for improving critical care infrastructure and facilities. However, stringent regulatory approvals for new product launches may slightly hamper short term growth.
Economic: Rising per capita incomes in developing economies expand addressable patient pool for critical care procedures driving demand. However, COVID-19 pandemic had negatively impacted the market in the short term.
Social: Growing population aging worldwide and rising incidence of chronic diseases increases the risk of critical medical conditions requiring emergency intubation and ventilation support. This augurs well for market growth.
Technological: Advancements in material sciences have led to development of cuffed and polyurethane endotracheal tubes with bolstered safety profiles. Single use disposable tubes help prevent cross-contamination. Introducing locational techniques also improve placement accuracy.
The Global Endotracheal Tube Market Size is expected to witness high growth over the forecast period of 2023 to 2030. The global Endotracheal Tube Market is estimated to be valued at US$ 920 Mn in 2023 and is expected to exhibit a CAGR of 9.0% over the forecast period 2023 to 2030.
North America region currently dominates the market aided by rising prevalence of chronic diseases, large patient base undergoing surgeries, and presence of advanced healthcare infrastructure. However, Asia Pacific region is expected to witness fastest growth in the coming years. Factors such as growing demand for critical care services from expanding middle class population coupled with increasing healthcare spending will drive the regional market.
Key players operating in the endotracheal tube market are Medtronic Plc, Teleflex Inc., ConvaTec Inc., Smiths Medical, Neurovision Medical Products, Intersurgical Inc., Royax, Novo Klinik-Service GmbH, Avanos Medical, Inc., Bactiguard, and N8 Medical LLC. Teleflex Inc. and Medtronic Plc currently have the largest market shares based on their diverse product portfolios and global presence. They are also investing in R&D to introduce product line extensions catering to specific patient requirements.
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it