GVR Report cover Intubation Tubes Market Size, Share & Trends Report

Intubation Tubes Market Size, Share & Trends Analysis Report By Product, By End User, By Region, And Segment Forecasts, 2023 To 2030

  • Report ID: GVR453695
  • Number of Pages: 0
  • Format: Electronic (PDF)

The global intubation tubes market demand is expected to register significant growth during the forecast period. The factors that are expected to fuel the market growth are the increasing number of people suffering from chronic disorders and rising research and development.

A healthcare professional will intubate a patient by inserting a tube into the trachea through the mouth or nose. The tube keeps the trachea open so that air may travel through it and can also be used to connect an air or oxygen delivery system. Tracheal intubation and endotracheal intubation are other terms for intubation. Intubation tubes with ventilator pumps are being utilized more frequently in surgical operations as well as to help with breathing. Elderly patients with chronic conditions like diabetes, cancer, and lung ailments frequently need intubation tubes. In addition, between 2015 and 2050, the percentage of people 60 and older in the world will nearly double, rising from 10% to over 20%. The prevalence of respiratory disorders and the necessity for surgery will both rise as the geriatric population grows. The market for intubation tubes will benefit greatly from this.

The market for intubation tubes has been severely impacted by the COVID-19 disruption of the world economy. Pandemic restrictions and necessary rules have had an impact on the supply chain for intubation tubes, which has had a direct impact on demand, production, the supply chain, and post-sale services for medical goods. However, there was a spike in demand during the pandemic, and technologies like the Critical Care Suite attempted to make intubation procedures simpler. According to GE, about 15% of Covid 19 patients needed intubation for ventilator support.

Based on the product, the market is divided into trachea intubation and gastric intubation tubes.  The most common intubation tubes are those used during tracheal intubation. Due to its extensive range of applications across numerous medical procedures, the trachea intubation tube segment will have the highest share of the global intubation tube market in 2022. According to a study published in the Journal of Health and Neck Anesthesia, the most common treatment for individuals with respiratory failure is conjectured tracheal intubation with direct laryngoscopy.

The global intubation tubes market is segmented by end-user sector into hospitals, ambulatory surgical centers, and others. Hospitals, in particular, are predicted to grow at the greatest rate through 2030 owing to the higher number of procedures performed in the hospitals. The high flow of patients into the hospitals for treatment and the high number of users are patients with chronic conditions or illnesses severely are the factors to support the segment growth.

With a market share of over 39%, the North American region dominated the global market for intubation tubes in 2022. This is due to a contemporary healthcare system that is always evolving. Additionally, the incidence of chronic and respiratory disorders including cancer and asthma is rising in the region. However, over the prediction period of 2023–2030, Asia Pacific is the segment that will grow the fastest. The level of living and lifestyle patterns have significantly changed as a result of the Asia Pacific region's rapid development. Given that the region has one of the highest rates of cancer in the world, significant investments are being made in healthcare. Additionally, low-cost medical services and surgeries have further fueled the Asia-Pacific intubation tube market.

The industry is characterized by the presence of numerous significant players. The intubation tubes market is fiercely competitive, with North America and Europe controlling the majority of the world's supply. Players are adopting various strategies to compete in the market. For instance, in April 2020, Hydromer partnered with N8 Medical to become the exclusive coating supplier as well as manufacturing partner for the latter’s CeraShield™ Endotracheal Tube, which is used in the treatment of mechanically ventilated COVID-19 patients across Canada. Key global industry players include Alamo Scientific, Inc., C R Bard, Inc., Cook Medical, Medtronic Plc, Olympus Corporation, Smith Medical, Sterimed Group, Teleflex Inc., and Others.

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