Intubation Tube Market - Forecast(2024 - 2030)

Intubation Tube Market Overview

The Intubation Tube Market size is forecasted to reach $3.4 billion by 2027 and is expected to grow at a CAGR of 7.2% during the forecast period 2022-2027. Intubation is a process through which a healthcare provider inserts a tube through a person’s mouth or nose into the trachea. The tube maintains the trachea open, allowing air to pass, and can also be connected to an air or oxygen delivery unit. Intubation can also be referred to as tracheal intubation or endotracheal intubation. Intubation tubes with ventilator pumps are being increasingly used not only to assist in breathing but also in surgical procedures. As per a study by Guide in Medical Ltd, a medical device company, approximately 50 million intubation procedures are being performed globally each year. The Intubation Tube Market is gaining traction due to the rising number of surgical procedures and increasing instances of respiratory diseases owing to changing climate.

Intubation Tube Market Report Coverage

The report: “Intubation Tube Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Intubation Tube Market.

By Product Type: Trachea Intubation (Endotracheal Intubation, Nasotracheal Intubation, Orotracheal Intubation), Gastric Intubation (Orogastric Intubation, Nasogastric Intubation), Others
By End Users: Hospitals, Medical Centers, Others
By Application: Surgery, Airway Blockage Removal, Breathing Support, Others
By Geography: North America (U.S, Canada, Mexico, Rest of North America), South America (Brazil, Argentina, Colombia, Chile, Rest of South America), Europe (U.K, Germany, Italy France, Spain, Netherlands, Russia, Rest of Europe), Asia Pacific (China, India, Japan, Australia & New Zealand, South Korea, Rest of Asia Pacific), Rest of the World (Middle East and Africa)

Key Takeaways

• Geographically, The North American Intubation Tube Market accounted for the highest revenue share in 2021. This is owing to the high prevalence of Chronic respiratory diseases in the region. Moreover, several new products from key players have been receiving approvals from regulatory bodies.
• Several companies and organizations have invested in R&D initiatives to develop new, novel Intubation Tubes. Moreover, Fundraisers have been carried out for different types of Intubation technology.
• Intubation Tube Market Detailed Analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Intubation Tube Market report. 

Intubation Tube Market Share, By Region (%) in 2021

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Intubation Tube Market Segment Analysis – By Product Type

The Intubation Tube Market based on type can be segmented into Trachea Intubation (Endotracheal Intubation, Nasotracheal Intubation, Orotracheal Intubation), Gastric Intubation (Orogastric Intubation, Nasogastric Intubation) and Others. The Trachea Intubation segment has the largest share in the Intubation Tube Market in 2021 growing at a CAGR of 8.1% during the forecast period 2022-2027, owing to their wide range of applications across several medical procedures. Tracheal Intubation, performed in conjecture with direct laryngoscopy is the most popular option for the treatment of respiration failure amongst patients, as per a study by the Journal of Health and Neck Anesthesia (JOHNA).

However, Gastric Intubation is the fastest-growing segment and will witness the highest CAGR during the forecast period 2022-2027. This is owing to their popularity in the treatment of the Geriatric population. Gastric Intubation involves the insertion of a tube through the nostril, down to the esophagus. It is crucial for the administration of food and medicine in old people as well as premature infants.

Intubation Tube Market Segment Analysis – By Application

The Intubation Tube Market based on Application can be segmented into Surgery, Airway Blockage Removal, Breathing Support, and Others. Breathing support had the largest share in the Intubation Tube Market in 2021, growing at a CAGR of 8.6%. The leading cause driving this segment is the high prevalence of chronic diseases. A study by PWC shows that an increasing population and changes in societal behavior are contributing to a steady increase in chronic respiratory diseases among many others. The breathing support segment was further driven due to the onset of Covid 19 which pushed the demand for Intubation Tubes across several regions.

However, Surgery is the fastest-growing segment during the forecast period of 2022-2027. Surgical procedures have witnessed a steady increase throughout the decade and intubation is frequently used for the administration of anesthetics as well as during emergency surgical procedures. A study by The Lancet Journal shows that the demand for surgery will increase by over 40% by 2040, led by the rising demand for Cancer based surgeries. This will further propel the Surgery segment.

Intubation Tube Market Segment Analysis – By Geography

The Global Demand for Intubation Tube Market based on Geography can be segmented into North America, South America, Europe, Asia-Pacific, and Rest of the World. The North America region dominated the Intubation Tube Market in 2021 with a market share of 39%. This is owing to a modern and continuously developing healthcare system. Moreover, the region is facing growing instances of Chronic and respiratory diseases such as Cancer and Asthma. The region also boasts of favorable policies by the regulatory bodies, which has helped the Intubation Tube Market grow

However, Asia Pacific is the fastest-growing segment during the forecast period of 20222-2027. The Asia Pacific region is developing rapidly, which has brought about significant changes in the standard of living and lifestyle patterns. Significant investments are being made across Healthcare as the region has one of the worst incidences of Cancer in the Globe. Moreover, cheap prices of Medical procedures and Surgeries have further driven the Asia-Pacific Segment of the Intubation Tube Market.

Intubation Tube Market Drivers

The rising percentage of the aging population is driving the Intubation Tube Market

Intubation Tubes are regularly utilized on old people suffering from chronic diseases such as diabetes, cancer, and lung disorders. The Geriatric population has been expanding in almost all regions, including ten countries that will be classified as "aging countries" rather than the previous eight. As per the World Health Organization (WHO), the number of people aged 60 years and older will outnumber children younger than 5 years within 2020. Additionally, the proportion of the world's population aged 60 and up will nearly double from around 10% to over 20% between 2015 and 2050. Such an increase in the geriatric population will also push the incidences of respiratory diseases and the need for surgeries. This will help the Intubation Tube Market grow significantly.

Research and Development related to Intubation and Intubation Tubes are driving the market.

Intubation Tubes have a wide array of applications across the healthcare industry and offer several products for Tracheal Intubation as well as Gastric Intubation. Due to their diverse uses, significant investments have been made in Intubation Tubes and related products. Other than key players, R&D is also being carried out by prominent universities and organizations such as IIT and BioMed Central. Additionally, The FDA recently cleared an AI-based algorithm made by GE, named the Critical Care Suite 2.0, which can help with the placement of endotracheal tubes for patient intubation. According to GE, almost 15% of Covid 19 patients require intubation for ventilator support, and innovations such as the Critical Care Suite aims to simplify intubation processes. This will drive the Intubation Tubes market.

Intubation Tube Market Challenges

Potential Risk of Airway Obstruction while using some Intubation Tubes may hamper the growth of the market

Intubation Tubes involve the placement of a tube from the mouth or nose, down to the Trachea. However, the process may lead to complications as several regulatory bodies around the Globe have received reports related to serious adverse events and deaths caused by these instruments after airway obstruction and ventilation failure. Silicone-based Intubation tubes have been shown to be fatal in some cases and are currently being investigated by FDA among other regulatory bodies. Wrongful Insertion of the tubes has also led to the permanent injury in the throat or trachea. These potential risks pertaining to Intubation Tubes may hamper the Market’s growth.

Intubation Tube Industry Outlook

Product Launch and Acquisitions were the key strategies adopted by players in the Intubation Tube Market. In 2022, the Intubation Tube Market share is consolidated by the top ten players present in the market. Intubation Tube top 10 companies include: -

1. Akin Global Medical
2. Alamo Scientific, Inc.
3. Bound Tree Medical
4. C R Bard, Inc.
5. Cook Medical
6. Medtronic Plc
7. Olympus Corporation
8. Smith Medical
9. Sterimed Group
10. Teleflex Inc. 

Recent Developments

• In May 2021, Olympus Corporation announced the FDA authorization of the MAF-TM2, MAF-GM2, and MAF-DM2 Airway Mobilescopes with Tubes, allowing providers to execute a number of upper and lower airway management operations. The gadget was created to assist healthcare providers with challenging intubation procedures.
• 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.
• In May 2019, Meditech Systems announced the launch of Endotracheal Introducer PLUS (ETIP) along with a new range of endotracheal tubes for intubation purposes. 

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