Market Overview:
The global medical tracheostomy tube market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of respiratory diseases, rising geriatric population, and technological advancements in tracheostomy tubes. Based on type, the PVC tracheostomy tube segment is expected to account for the largest share of the global medical tracheostomy tube market in 2018. This segment is also projected to grow at a CAGR of 5.8% from 2018to 2030.
Product Definition:
A medical tracheostomy tube is a device used to provide an airway in patients who cannot breathe normally through their nose and mouth. The tube is inserted through a hole created in the neck and passed down into the windpipe (trachea). This type of airway is often required for patients who are unable to speak because of throat or tongue paralysis, or those who are experiencing severe difficulty breathing.
PVC Tracheostomy Tube:
PVC tracheostomy tube is a flexible, hollow plastic device used to provide airway protection and support to patients with severely damaged or absent airway. PVC tracheostomy tubes are available in different sizes and can be attached directly or indirectly to the patient’s windpipe using various techniques. The most common technique used for direct connection is via a lumen (channel) that runs through the center of the tube.
Silicone Rubber Tracheostomy Tube:
Silicone rubber tracheostomy tube is a silicone rubber product which is used as an alternative to the traditional PVC or latex material in medical tracheostomy tubes. The advantages of using silicone over other materials are that it's inert, non-reactive and has a high resistance to chemicals & heat.
The demand for silicone based products in the medical industry has increased due to its various properties such as flexibility, smooth surface and low friction coefficient.
Application Insights:
Based on the application, the global medical tracheostomy tube market is segmented into emergency treatment, therapy and others. The emergency treatment segment dominated the overall market in terms of revenue in 2017 owing to increasing cases of respiratory failure and cardiac arrest across the globe. According to WHO, around 250-500 million people suffer from respiratory failure every year globally which accounts for a high mortality rate. Thus, with an increase in population and aging along with it comes an increased risk of developing respiratory problems which eventually results in hospitalization or requires a tracheostomy tube for survival.
The therapy segment is expected to grow at a lucrative rate during the forecast period due to rising prevalence of chronic diseases such as cancer that often require long term ventilation support or continuous oxygen supply throughout various stages of treatment thereby driving demand for these devices worldwide. Furthermore, growing awareness about chronic conditions coupled with rising healthcare expenditure levels will further boost industry growth over next few years especially in developed countries like U.S.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare facilities and favorable reimbursement policies are some of the major factors responsible for its continued dominance over the forecast period. In addition, increasing awareness regarding tracheostomy procedures and availability of highly skilled physicians are also expected to drive growth during the forecast period.
The key participants operating globally include Terumo Medical Corporation; Medtronic; Stryker; B Braun Melsungen AG.; Johnson & Johnson Services Inc.; Baxter International Inc.
Growth Factors:
- Increasing incidence of respiratory diseases: The global prevalence of respiratory diseases is increasing every year. This is mainly due to the changing lifestyle and environmental factors. The medical tracheostomy tube market is expected to grow significantly as a result of this increase in demand for respiratory treatments.
- Technological advancements: There has been a significant advancement in the technology used for manufacturing medical tracheostomy tubes in recent years. This has led to the development of new and innovative products that are more effective and easier to use. This is likely to fuel the growth of the medical tracheostomy tube market in the coming years.
- Rising geriatric population: The geriatric population is growing at a rapid pace across the world, which is leading to an increase in demand for various types of healthcare services, including respiratory treatments such as medical tracheostomy tubes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Tracheostomy Tube Market Research Report
By Type
PVC Tracheostomy Tube, Silicone Rubber Tracheostomy Tube
By Application
EmergencyTreatmentTracheostomyTube, TherapyTracheostomyTube
By Companies
Medtronic, Teleflex Medical, Smiths Medical, TRACOE Medical, Sewoon Medical, Fuji Systems, ConvaTec, Boston Medical, Pulmodyne, Medtronic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
209
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Medical Tracheostomy Tube Market Report Segments:
The global Medical Tracheostomy Tube market is segmented on the basis of:
Types
PVC Tracheostomy Tube, Silicone Rubber Tracheostomy Tube
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
EmergencyTreatmentTracheostomyTube, TherapyTracheostomyTube
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Medtronic
- Teleflex Medical
- Smiths Medical
- TRACOE Medical
- Sewoon Medical
- Fuji Systems
- ConvaTec
- Boston Medical
- Pulmodyne
- Medtronic
Highlights of The Medical Tracheostomy Tube Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PVC Tracheostomy Tube
- Silicone Rubber Tracheostomy Tube
- By Application:
- EmergencyTreatmentTracheostomyTube
- TherapyTracheostomyTube
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical Tracheostomy Tube Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A tracheostomy tube is a long, thin tube that is inserted through the nose and down into the windpipe (trachea) to allow breathing.
Some of the major companies in the medical tracheostomy tube market are Medtronic, Teleflex Medical, Smiths Medical, TRACOE Medical, Sewoon Medical, Fuji Systems, ConvaTec, Boston Medical, Pulmodyne, Medtronic.
The medical tracheostomy tube market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Tracheostomy Tube Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Medical Tracheostomy Tube Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Tracheostomy Tube Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Medical Tracheostomy Tube Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Medical Tracheostomy Tube Market Size & Forecast, 2020-2028
4.5.1 Medical Tracheostomy Tube Market Size and Y-o-Y Growth
4.5.2 Medical Tracheostomy Tube Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 PVC Tracheostomy Tube
5.2.2 Silicone Rubber Tracheostomy Tube
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 EmergencyTreatmentTracheostomyTube
6.2.2 TherapyTracheostomyTube
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Tracheostomy Tube Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Medical Tracheostomy Tube Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 PVC Tracheostomy Tube
9.6.2 Silicone Rubber Tracheostomy Tube
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 EmergencyTreatmentTracheostomyTube
9.10.2 TherapyTracheostomyTube
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 PVC Tracheostomy Tube
10.6.2 Silicone Rubber Tracheostomy Tube
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 EmergencyTreatmentTracheostomyTube
10.10.2 TherapyTracheostomyTube
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 PVC Tracheostomy Tube
11.6.2 Silicone Rubber Tracheostomy Tube
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 EmergencyTreatmentTracheostomyTube
11.10.2 TherapyTracheostomyTube
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 PVC Tracheostomy Tube
12.6.2 Silicone Rubber Tracheostomy Tube
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 EmergencyTreatmentTracheostomyTube
12.10.2 TherapyTracheostomyTube
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 PVC Tracheostomy Tube
13.6.2 Silicone Rubber Tracheostomy Tube
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 EmergencyTreatmentTracheostomyTube
13.10.2 TherapyTracheostomyTube
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Medical Tracheostomy Tube Market: Competitive Dashboard
14.2 Global Medical Tracheostomy Tube Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 Teleflex Medical
14.3.3 Smiths Medical
14.3.4 TRACOE Medical
14.3.5 Sewoon Medical
14.3.6 Fuji Systems
14.3.7 ConvaTec
14.3.8 Boston Medical
14.3.9 Pulmodyne
14.3.10 Medtronic
