Market Overview:
The global tracheostomy products market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of respiratory diseases, rising geriatric population, and technological advancements in tracheostomy products. Based on type, the global tracheostomy products market is segmented into tubes, inner cannula, and others. The tubes segment is further sub-segmented into disposable tubes and reusable tubes. The disposable tubes segment is expected to grow at a higher CAGR during the forecast period as compared to other segments due to their ease of use and low cost. Based on application, the global tracheostomy products market is divided into hospitals, homecare settings (including long-term care facilities), and ambulatory surgery centers (ASCs). Among these applications, hospitals are expected to account for a larger share of the global tracheostomy products market during the forecast period owing to increasing number of surgeries performed in hospitals globally.
Product Definition:
A tracheostomy is a medical procedure in which an opening is created in the windpipe (trachea) to allow air to flow into and out of the lungs. A tracheostomy tube, or endotracheal tube, is inserted through this opening into the trachea and secured in place to keep the airway open. Tracheostomy products are devices that are used with a tracheostomy tube to help maintain airflow and protect against infection.
Tubes:
Tubes are used to drain the nose, mouth or pharynx of a patient. It is also used in tracheostomy products for providing airway clearance and preventing aspiration. Tubes have different sizes and types which are suitable for various applications depending on the size of the patient's nose, mouth or pharynx.
Inner Cannula:
Inner cannula is a flexible plastic tube that is inserted into the trachea (windpipe) of the patient. It provides an alternative pathway for airway management in patients who have undergone tracheal resection or ligation and have developed an airway obstruction. The inner cannula market has witnessed significant growth over the past few years owing to increasing demand for these devices from developing countries such as India, China, Brazil and South Africa.
Application Insights:
Based on application, the global market is segmented into hospitals, homecare and assisted living centers, and other sites. Hospitals held the largest share in 2017 owing to increasing prevalence of respiratory diseases such as bronchitis, asthma etc. across the globe. According to WHO estimates published in 2016, around 1% of population suffer from chronic bronchitis at any given time globally while around 3-4% are suffering from moderate to severe chronic coughs. This leads to higher demand for tracheostomy procedures at hospitals which accounts for a significant share in overall market revenue every year.
Regional Analysis:
North America dominated the global market in 2017 owing to favorable reimbursement policies, increasing awareness about tracheostomy procedures, and presence of well-established healthcare facilities. In addition, growing prevalence of chronic airway diseases is expected to drive the demand for tracheostomy devices in this region. According to a study published by Globocan estimates around 3 million people suffer from COPD globally with U.S., accounting for approximately 85% of all cases diagnosed annually in North America alone.
Asia Pacific is anticipated to witness lucrative growth over the forecast period due to factors such as improving healthcare infrastructure and rising patient awareness regarding available treatment options for COPD along with other respiratory problems including asthma and bronchitis which can be life-threatening if not treated properly at home or an emergency room setting resulting in huge economic losses on account of time consumed as well as medical expenses incurred during travel between place of treatment.
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 conditions. Respiratory diseases are one of the leading causes of death worldwide and account for a significant proportion of hospital admissions. Tracheostomy products help in the treatment and management of these respiratory diseases, thereby driving their demand.
- Growing geriatric population: The global geriatric population is growing at a rapid pace and this is expected to drive the demand for tracheostomy products in the coming years. Elderly people are more prone to develop respiratory problems, which can be effectively managed with tracheostomy products.
- Technological advancements: The tracheostomy product market has witnessed several technological advancements in recent years, with new products being launched regularly into the marketplaces These new technologies have helped improve patient outcomes and increase adoption rates among healthcare professionals Hence, technological advancements are likely to be one of the key growth drivers for this market over the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Tracheostomy Products Market Research Report
By Type
Tubes, Inner Cannula, Others
By Application
Hospitals, Homecare, ASC
By Companies
Biçakcilar, Cook Medical, Fisher & Paykel Healthcare, Fuji Systems, TROGE Medical, Well Lead Medical, TRACOE Medical, Boston Medical Products, Pulmodyne, Biçakcilar
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
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Tracheostomy Products Market Report Segments:
The global Tracheostomy Products market is segmented on the basis of:
Types
Tubes, Inner Cannula, Others
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
Hospitals, Homecare, ASC
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:
- Biçakcilar
- Cook Medical
- Fisher & Paykel Healthcare
- Fuji Systems
- TROGE Medical
- Well Lead Medical
- TRACOE Medical
- Boston Medical Products
- Pulmodyne
- Biçakcilar
Highlights of The Tracheostomy Products 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:
- Tubes
- Inner Cannula
- Others
- By Application:
- Hospitals
- Homecare
- ASC
- 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 Tracheostomy Products 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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- Correctly Positioning New Products
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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?
Tracheostomy products are medical devices that help people breathe. A tracheostomy is a surgical procedure in which a hole is cut into the neck to allow air to enter and leave the lungs.
Some of the major companies in the tracheostomy products market are BiƒÂ§akcilar, Cook Medical, Fisher & Paykel Healthcare, Fuji Systems, TROGE Medical, Well Lead Medical, TRACOE Medical, Boston Medical Products, Pulmodyne, BiƒÂ§akcilar.
The tracheostomy products market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Tracheostomy Products 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 Tracheostomy Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tracheostomy Products 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 Tracheostomy Products 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 Tracheostomy Products Market Size & Forecast, 2018-2028
4.5.1 Tracheostomy Products Market Size and Y-o-Y Growth
4.5.2 Tracheostomy Products Market Absolute $ Opportunity
Chapter 5 Global Tracheostomy Products 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 Tracheostomy Products Market Size Forecast by Type
5.2.1 Tubes
5.2.2 Inner Cannula
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Tracheostomy Products 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 Tracheostomy Products Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Homecare
6.2.3 ASC
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tracheostomy Products 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 Tracheostomy Products 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 Tracheostomy Products Analysis and Forecast
9.1 Introduction
9.2 North America Tracheostomy Products 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 Tracheostomy Products Market Size Forecast by Type
9.6.1 Tubes
9.6.2 Inner Cannula
9.6.3 Others
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 Tracheostomy Products Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Homecare
9.10.3 ASC
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 Tracheostomy Products Analysis and Forecast
10.1 Introduction
10.2 Europe Tracheostomy Products 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 Tracheostomy Products Market Size Forecast by Type
10.6.1 Tubes
10.6.2 Inner Cannula
10.6.3 Others
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 Tracheostomy Products Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Homecare
10.10.3 ASC
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 Tracheostomy Products Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Tracheostomy Products 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 Tracheostomy Products Market Size Forecast by Type
11.6.1 Tubes
11.6.2 Inner Cannula
11.6.3 Others
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 Tracheostomy Products Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Homecare
11.10.3 ASC
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 Tracheostomy Products Analysis and Forecast
12.1 Introduction
12.2 Latin America Tracheostomy Products 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 Tracheostomy Products Market Size Forecast by Type
12.6.1 Tubes
12.6.2 Inner Cannula
12.6.3 Others
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 Tracheostomy Products Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Homecare
12.10.3 ASC
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) Tracheostomy Products Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Tracheostomy Products 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) Tracheostomy Products Market Size Forecast by Type
13.6.1 Tubes
13.6.2 Inner Cannula
13.6.3 Others
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) Tracheostomy Products Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Homecare
13.10.3 ASC
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 Tracheostomy Products Market: Competitive Dashboard
14.2 Global Tracheostomy Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Biçakcilar
14.3.2 Cook Medical
14.3.3 Fisher & Paykel Healthcare
14.3.4 Fuji Systems
14.3.5 TROGE Medical
14.3.6 Well Lead Medical
14.3.7 TRACOE Medical
14.3.8 Boston Medical Products
14.3.9 Pulmodyne
14.3.10 Biçakcilar
