Global Anesthesia Endotracheal Tubes Market 2016-2020

Anesthesia endotracheal tubes industry analysis

Market research analysts at Technavio predict that the global anesthesia endotracheal tubes market will grow at a CAGR of almost 2% by 2020. This market research analysis identifies the rising cases of chronic respiratory diseases as one of the primary growth factors for this market. Anesthesia ETTs assist individuals suffering from chronic diseases such as cardiovascular diseases, respiratory diseases, diabetes, cancer, and other lung injuries. According to the CDC, about 18.7 million adults and 6.8 million children in the US had asthma in 2015.

Pulmonary embolism is another significant respiratory condition that can lead to mortality, if not treated early. Surgical procedures help alleviate the symptoms or manage these chronic respiratory diseases. Physicians use anesthesia delivery systems to sedate people and perform these surgical procedures

Anesthesia endotracheal tubes market trends

Existing ETT devices are being equipped with additional features to enhance their usage so that the results are effective, and there are no side effects. For instance, Neurovision EMG monitoring ETT is used to monitor the recurrent laryngeal nerve, using a standard ETT. The Cobra ETTsingle channel and Cobra EMG monitoring ETT two-channel are being used to create an open airway for patient ventilation while simultaneously monitoring the EMG activity and assessment of the nerves involved in the laryngeal activity. Such trends are expected to have a tremendous impact on the growth of this market.

Anesthesia endotracheal tubes market outlook: Competitive landscape and key vendors

The anesthesia ETT market has moderate competition due to the availability of alternative disposable devices. The market is fragmented into several global and regional players that offer a wide variety of anesthetic ETT products. Vendors in the developed markets are focusing on product innovations and product line expansion. Regional vendors in emerging countries are providing tough competition to global players based on the pricing of products while maintaining the quality of high standards.

The leading vendors in the anesthesia endotracheal tubes market

• C. R. Bard
• ConvaTec
• GE Healthcare
• Medtronic
• Smiths Medical
• Teleflex

Anesthesia endotracheal tubes market shares based on end user

• ASCs
• Hospitals and clinics

The hospital and clinic segment dominated the market during 2015. Large hospitals such as multispecialty hospitals and hospital groups work under sponsorships through governments or private entities. These hospitals have more than 500 hospital beds, providing accommodation for various patients. They also have an advanced medical infrastructure to cater to the needs of the people. In these hospitals, diagnosis and monitoring of most of the surgical events are conducted in outpatient settings.  

Anesthesia endotracheal tubes market status based on geography

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographical regions, the Americas will be the major market contributor throughout the next four years. The US was the largest revenue contributor to the market in this region. An increase in the number of surgeries has led to a rise in the adoption of anesthesia ETTs as they help prevent cross-contamination. Advances in technology (in product design and usage) and the availability of adequate reimbursements have contributed to the market growth in the US. Anesthesia device manufacturers operating in the US are focusing on product innovation and product line extension to increase their market shares.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global anesthesia ETT market?
• What are the key market trends impacting the growth of the global anesthesia ETT market?
• What are the challenges to market growth?
• Who are the key vendors in the global anesthesia ETT market?
• What are the market opportunities and threats faced by the vendors in the global anesthesia ETT market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global anesthesia ETT market?

Technavio also offers customization on reports based on specific client requirement.

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