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RD-Intubation Tubes Market
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Global Intubation Tubes Market By Product Type (Trachea Intubation, Gastric Intubation) By Route Type (Orotracheal Tube, Nasotracheal Tube) By Application (Emergency Treatment, Therapy, Other Applications) By End User (Hospitals, Ambulatory Surgical Centers) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022-2031.
In 2021, the market for Intubation Tubes worldwide was worth $ 2.0 billion US dollars. AMR Group projects that the market will reach US$ 4.16 billion by 2031, growing at a CAGR of 6.8 percent between 2022 and 2031.
Industry Overview
Intubation Tubes are a catheter used to establish and maintain an airway in order to guarantee appropriate exchange of oxygen and carbon dioxide is an intubation tube. Patients who are really ill or injured usually utilize intubation tubes, which are flexible plastic materials. Pulmonary hypertension, asthma, chronic obstructive pulmonary disease (COPD), and occupational lung disorders are a few of the most widespread respiratory illnesses. Other risk factors include workplace chemicals and dust, air pollution, and a history of repeated lower respiratory infections in children, in addition to cigarette smoke. One of the biggest causes of mortality in the globe is COPD. Age distribution in the population and age-specific mortality rates from respiratory and non-respiratory causes affect the fraction of total deaths brought on by lung illnesses. After 48 hours of mechanical ventilation, a lower respiratory infection known as ventilator-associated pneumonia (VAP) can develop. The morbidity and death rates related to VAP continue to be high despite major improvements in diagnostic methods and therapy. According to reports, VAP affects 5–40% of patients requiring invasive mechanical ventilation for longer than two days, with significant differences depending on the nation, the kind of ICU, and the criteria used to define VAP.
The markets for intubation tubes and respiratory equipment are reasonably established, with cheap prices playing a dominant role. Additionally, given the complexity of several national regulatory and reimbursement systems that must be followed for both pharmaceuticals and devices, it is challenging for innovative technology or devices to gain traction in established markets. Intubation tubes are by definition considered durable medical equipment by Medicare. The examination and treatment of respiratory disorders are being made simpler by government and non-government organizations, which will encourage market development.
Market Dynamics
The global Intubation Tubes market is expanding as a result of a rise in the number of respiratory illnesses and an ageing population. The adoption of Intubation Tubes is just another factor driving the market. Intubation Tube is a technique to supply food and drugs to patient, hence the main factor limiting the growth of this market is the lung infection and pneumonia that occurs during drug delivery to the respiratory system. Pneumonia is a serious non-communicable disease (NCD) that affects both children and adults, according to the WHO report from 2021. According to the same report, pneumonia affects millions people worldwide after or during the treatment. As a result, the use of Intubation Tubes treatments is necessary due to the growing prevalence of lung disorder, which in turn is driving the market’s growth.
Technological advancements are driving the Intubation Tubes market by providing the could aid in developing more cost-efficient products, which is expected to create lucrative opportunities for key market players. Furthermore, intubation tubes may cause injuries to lips, teeth, tongue, palate, and oral soft tissues, which may restrict the market growth.
COVID Impact
The COVID-19 pandemic gave a positive impact on the Intubation Tubes business market. The outburst of the COVID-19 pandemic across the globe influenced the demand for intubation tubes to efficiently control the spread of this respiratory infection. Significant revenue losses were experienced as a result of COVID-19, particularly in the first and second quarters of 2020. In many hospitals in March 2020, there was a sharp rise in the number of dangerously sick COVID-19 virus-positive patients who needed emergency intubation tubes. The recommended method for giving COVID-19 patients breathing assistance is through intubation tubes. This shortage of ventilators forced healthcare professionals to use other respiratory devices such as Intubation Tubes, Continuous Positive Airway Pressure (CPAP), and oxygen concentrators causing its demand in market. In March 2020, the American College of Allergy, Asthma and Immunology in the U.S., found that the prescription rate of Intubation Tubess increased during the pandemic as there was a shortage of metered dose inhalers.
Regional Trend
Geographically, North America dominated the Intubation Tubes market and had the largest revenue share of 40% in 2021. This region’s expansion can be ascribed to A greater market share for North America can be attributed to the region’s increased prevalence of lung infections, other chronic respiratory diseases, and the expanding use of sophisticated tubes. In 2021, the Asthma & Allergy Foundation of America reported that around 25 million Americans had been given an asthma diagnosis. Also, in terms of revenue and market share for Intubation Tubes, Europe is the second-most dominating area. The only factor driving the intubation tubes market in Europe is the rising prevalence of infections and respiratory disorders, which together are driving up demand for these products in the European market.
Asia Pacific region is expected to present outstanding Intubation Tubes market opportunities due to the rising prevalence of chronic respiratory diseases, improving healthcare infrastructure and the growing number of medical device. For the treatment of asthma and COPD in these areas, businesses are creating inhaled medication delivery systems. The importance of early identification and treatment has increased as a result of parents’ increased knowledge of the possible long-term repercussions of patients’ respiratory distress.
Competitive Landscape
Key players operating in the Intubation Tubes Market include Airway Innovations, Akin Global Medical, Alamo Scientific, Inc., Armstrong Medical, Bound Tree Medical, C. R. Bard, Inc., ConvaTec, Inc., Cook Medical, Hospiteknik Healthcare, Medline Industries, Medtronic Plc, Olympus Corporation, Smith’s Group, Sonoma Pharmaceutical, Teleflex Corporation and Venner Medical among others. The purchase of Standard Bariatrics, Inc. by Teleflex Corporation, which has developed an avant-garde powered stapling method for bariatric surgery, was announced in August 2022.
Key USP’s-
In April 2020, Hydromer collaborated with N8 Manufacturing as the only licensee for the market for CeraShield Intubation Tubes, which are utilized to treat COVID-19 patients across Canada in critical care units and on mechanical ventilators.
Market Segmentation
Based upon the Product Type used in the Intubation Tubes market is segmented in Trachea Intubation and Gastric Intubation. The Trachea Intubation type dominated the Intubation Tubes market in 2021. Trachea Intubation Tubes are to low cost compared to the other devices. Besides, it is ease to handle Trachea Intubation Tubes and efficient design for drug delivery has made Trachea Intubation Tubes the prime segment over the years. Based on the Route Type, the Intubation Tubes market is segmented into Orotracheal Tube and Nasotracheal Tube. In the Route Type segment, the most dominant market is Orotracheal Tube which acquires the largest Intubation Tubes market share in 2021. This segment is driven by the increasing prevalence of disorders. Based on the Application, the Intubation Tubes market is segmented into Emergency Treatment, Therapy, and Other Applications Intubation Tubes.
End user segment of Intubation Tubes market is further bifurcated into Hospitals and Ambulatory Surgical Centers. The hospitals and clinics segment held major share of 68% the global market in 2021. Demand for medical equipment, including Intubation Tubes, is high in hospitals & clinics due to the rising number of patients visiting for treatment.
By Product Type
- Trachea Intubation
- Gastric Intubation
By Route Type
- Orotracheal Tube
- Nasotracheal Tube
By Application
- Emergency Treatment
- Therapy
- Other Applications
By End User
- Hospitals
- Ambulatory Surgical Centers
ToC
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