Endotracheal Tube Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 2.30 Billion |
| Market Size (2029) | USD 3.12 Billion |
| CAGR (2024 - 2029) | 6.24 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Endotracheal Tube Market Analysis
The Endotracheal Tube Market size is estimated at USD 2.30 billion in 2024, and is expected to reach USD 3.12 billion by 2029, at a CAGR of 6.24% during the forecast period (2024-2029).
Factors such as the increasing incidence of chronic diseases, the rising number of surgical procedures, and increasing technological advancements are expected to boost the growth of the endotracheal tubes market over the forecast period.
An increase in conditions such as chronic obstructive pulmonary disease, asthma, and pneumonia leads to a higher demand for ventilation support, as patients with severe respiratory conditions often require hospitalization, where mechanical ventilation is necessary. This drives demand for endotracheal tubes used during intubation, which is expected to propel market growth over the forecast period.
For instance, according to an article published in BMC Public Health in January 2024, the overall prevalence of COPD in people aged 40 years and older was 12.64% in 2023 globally. Notably, men exhibited a higher prevalence at 15.47%, compared to 8.79% in women. With the global rise in COPD cases, the demand for respiratory support intensifies. Given that COPD can lead to severe exacerbations necessitating hospitalizations, there is a heightened likelihood of requiring endotracheal intubation for respiratory support. This trend is set to boost the demand for endotracheal tubes, driving the market's growth.
Furthermore, the increasing number of surgical procedures on a global level is likely to contribute to market growth. For instance, an article published in the Academy of Orthopedics in May 2024 reported that yearly in the United States, more than 600,000 knee replacement surgeries are carried out, making it one of the most frequently performed joint replacement surgeries. It is estimated that by 2030, the number of total knee replacement surgeries will increase by 67%, resulting in 3.5 million procedures being performed annually. Given that knee replacements typically demand general anesthesia, endotracheal tubes become essential for airway security during these surgeries. This trend underscores that market expansion is anticipated over the coming years.
Moreover, innovation in tube designs, materials, and features are enhancing the safety and effectiveness of endotracheal tubes, leading to their increased adoption across healthcare facilities. Various studies have focused on developing an improved laser-resistant endotracheal tube. For instance, a June 2024 article published in Laryngoscope highlighted that the new endotracheal tube enhances safety for otolaryngologists during laser airway surgeries. As a result, the heightened effectiveness and safety of these advanced endotracheal tubes are poised to drive their adoption, subsequently fueling market growth.
Therefore, factors such as the high burden of respiratory diseases, the increasing number of surgeries, and advancements in endotracheal tubes are expected to boost market growth over the forecast period. However, the availability of alternate airway devices and the high number of product recalls are likely to impede market growth over the forecast period.
Endotracheal Tube Market Trends
Ambulatory Surgery Centers (ASC) Segment Expected to Witness Significant Growth Over the Forecast Period
Ambulatory surgery centers (ASCs) are specialized facilities tailored for surgeries that do not require overnight hospital stays. They are known for their cost-effectiveness and reduced stress compared to traditional hospitals and are increasingly preferred for their convenience and efficiency. The rising demand for ASCs can be attributed to their lower surgical costs compared to hospitals. This affordability not only boosts the number of procedures performed at ASCs but also drives the demand for endotracheal tubes in the market, thus fueling segment growth.
The number of surgeries in ASCs is expected to increase drastically over the coming years. For instance, as per the American Surgery Center Board of Directors鈥檚 Kemal Erkan, who stated in January 2024, ASCs are expected to witness a robust growth of 25% in surgical procedures over the next decade, outpacing the 18% growth projected for both hospital outpatient departments and physician offices. Thus, with the expected increase in the number of surgical procedures performed in ASCs, including those requiring anesthesia, the demand for endotracheal tubes is expected to rise to provide adequate ventilation. Such factors are driving the segment鈥檚 growth over the forecast period.
Additionally, the launch of new ambulatory surgery centers worldwide may lead to a higher volume of surgeries, many of which require general anesthesia and airway management, thus driving demand for the endotracheal tubes market. For instance, in May 2024, Panoramic Health, in partnership with Florida's largest nephrology group, Florida Kidney Physicians (FKP), launched a 10,000 sq. ft ASC in Tampa, Florida. This move not only strengthened Panoramic Health's position as a leading integrated nephrology provider but also highlighted its dedication to enhancing patient care through an expanded service range.
Similarly, in February 2023, UR Medicine inaugurated its inaugural ambulatory orthopedic surgery center, catering to bone and joint surgeries for residents of Western New York. This center is uniquely tailored for patients with mobility challenges requiring orthopedic outpatient procedures. Additionally, the UR Medicine Orthopaedic Surgery Center plays a pivotal role in a broader USD 277 million medical initiative. Thus, the introduction of new ambulatory surgical centers boosts the demand for endotracheal tubes across the facilities for performing various surgical procedures, which is anticipated to propel the segment鈥檚 growth.
Therefore, owing to factors such as the rising number of surgeries performed in ambulatory surgical centers, coupled with the establishment of new ambulatory surgical centers worldwide, the market segment is expected to grow over the forecast period.
North America Expected to Hold a Significant Market Share Over the Forecast Period
North America is expected to register significant growth during the forecast period owing to factors such as the rising number of surgeries due to the growing burden of chronic diseases and the high demand for respiratory support in critical care units. In addition, the presence of a well-established healthcare system, high healthcare spending, a growing geriatric population, and reimbursement initiatives by the government are expected to boost market growth over the forecast period.
Chronic diseases, including cardiovascular ailments, cancer, and neurovascular disorders, are increasingly burdening the population, driving the demand for endotracheal tubes in the regional market. For instance, data published by the Centers for Disease Control and Prevention (CDC) in 2024 indicates that over 356,000 individuals in the United States experience out-of-hospital cardiac arrests annually. Such cardiac events often necessitate immediate airway management to ensure proper ventilation and oxygenation, underscoring the critical role of endotracheal tubes in resuscitation.
Furthermore, the number of surgical procedures across the region is increasing, which is expected to propel the demand for endotracheal tubes across North American countries. For instance, a report from Saskatchewan in May 2024 highlighted Canada's unprecedented surgical activities, with over 95,700 surgeries conducted from April 1, 2023, to March 31, 2024. This marked an increase of almost 6,000 surgeries over the previous year, setting a new high. In addition, the report highlighted that the annual volumes for hip and knee replacements surged to nearly 7,100 in 2023-2024, up from around 6,300 in 2022-2023. Thus, the increasing number of surgical procedures is expected to fuel the need for endotracheal tubes to provide ventilation to patients during surgical procedures, which is anticipated to augment market growth over the forecast period.
Similarly, according to data from the CDC in 2024, C-section surgery procedures constituted 32.4% of births in 2023, a slight rise from the 32.1% recorded in 2022. With the increase in C-sections requiring general anesthesia, there is a heightened need for rapid airway management, ensuring effective ventilation during anesthesia induction and maintenance. This growing demand is set to drive the endotracheal tubes market over the forecast period.
Furthermore, the rise in the number of hospitals and ambulatory surgery centers is bolstering the market for endotracheal tubes. For instance, according to a report published by the Definitive Healthcare Hospital, there were over 7,335 hospitals in the United States in January 2023, having increased from over 6,120 hospitals in 2022. This expanding hospital network is fueling the endotracheal tubes market as these products become increasingly vital across diverse medical settings and procedures.
Therefore, owing to factors such as the high burden of cardiac arrest among the population, the growing number of orthopedic and cesarean surgeries, and the increasing establishment of hospitals, the North American endotracheal tubes market is expected to grow over the forecast period.
Endotracheal Tube Industry Overview
The endotracheal tubes market is consolidated owing to the presence of large players in the market. These key players hold significant shares due to their established products and strong distribution networks. Companies investing in research and development of new products, such as reinforced and specialty endotracheal tubes, may gain competitive advantages over the coming years. Some of the key players in the market include Medtronic, Teleflex Incorporated, ICU Medical, Becton, Dickinson and Company, and Angiplast Pvt Ltd.
Endotracheal Tube Market Leaders
-
Medtronic
-
ICU Medical
-
Becton, Dickinson and Company
-
Angiplast Pvt Ltd
-
Teleflex Incorporated
*Disclaimer: Major Players sorted in no particular order
Endotracheal Tube Market News
- April 2024: TinyTrach, a team of researchers from Rice University, developed an innovative pediatric endotracheal tube (ETT) integrated with a camera and anchoring system that could make intubation procedures safer for babies aged one month and older by ensuring precise placement, stable anchoring, and visibility access for up to 14 days.
- February 2024: Respair, a simplified, low-cost, disposable endotracheal tube, was developed to prevent leaks that lead to ventilator-associated pneumonia (VAP) by utilizing layers of baffles to create a long-lasting seal.
Endotracheal Tube Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Incidence of Chronic Diseases
4.2.2 Rising Number of Surgical Procedures
4.2.3 Technological Advancements
4.3 Market Restraints
4.3.1 Availability of Alternate Airway Devices
4.3.2 High Number of Product Recalls
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD)
5.1 By Product Type
5.1.1 Regular Endotracheal Tube
5.1.2 Reinforced Endotracheal Tube
5.1.3 Preformed Endotracheal Tube
5.1.4 Double-lumen Endotracheal Tube
5.2 By Route
5.2.1 Orotracheal
5.2.2 Nasotracheal
5.3 By End User
5.3.1 Hospitals
5.3.2 Clinics
5.3.3 Ambulatory Surgical Centers
5.3.4 Other End Users
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.1.3 Mexico
5.4.2 Europe
5.4.2.1 Germany
5.4.2.2 United Kingdom
5.4.2.3 France
5.4.2.4 Italy
5.4.2.5 Spain
5.4.2.6 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 Australia
5.4.3.5 South Korea
5.4.3.6 Rest of Asia-Pacific
5.4.4 Middle East and Africa
5.4.4.1 GCC
5.4.4.2 South Africa
5.4.4.3 Rest of Middle East and Africa
5.4.5 South America
5.4.5.1 Brazil
5.4.5.2 Argentina
5.4.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Angiplast Pvt. Ltd
6.1.2 Sterimed Group
6.1.3 ICU Medical
6.1.4 Medtronic
6.1.5 Teleflex Incorporated
6.1.6 Fuji Systems Corporation
6.1.7 Sewoon Medical Co. Ltd
6.1.8 Mercury Medical
6.1.9 Hollister Incorporated
6.1.10 Medline Industries LP
6.1.11 Becton, Dickinson and Company
6.1.12 Armstrong Medical
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Endotracheal Tube Industry Segmentation
As per the scope of the report, an endotracheal tube is a medical device used to secure the airway in patients who require mechanical ventilation or have compromised breathing. It is a flexible plastic tube that is inserted through the nose into the trachea to ensure that air can flow into and out of the lungs.
The endotracheal tubes market is segmented by product type, route, end user, and geography. By product type, the market is segmented into regular endotracheal tubes, reinforced endotracheal tubes, preformed endotracheal tubes, and double-lumen endotracheal tubes. By route, the market is segmented into orotracheal and nasotracheal. By end user, the market is segmented into hospitals, clinics, ambulatory surgical centers, and other end users. The other end users segment includes homecare settings and emergency medical services. By geography, the market is divided into North America, Europe, Asia-Pacific, Middle East and Africa, and South America. For each segment, the market sizing and forecast have been done based on value (USD).
| By Product Type | |
| Regular Endotracheal Tube | |
| Reinforced Endotracheal Tube | |
| Preformed Endotracheal Tube | |
| Double-lumen Endotracheal Tube |
| By Route | |
| Orotracheal | |
| Nasotracheal |
| By End User | |
| Hospitals | |
| Clinics | |
| Ambulatory Surgical Centers | |
| Other End Users |
| Geography | ||||||||
| ||||||||
| ||||||||
| ||||||||
| ||||||||
|
Endotracheal Tube Market Research FAQs
How big is the Endotracheal Tube Market?
The Endotracheal Tube Market size is expected to reach USD 2.30 billion in 2024 and grow at a CAGR of 6.24% to reach USD 3.12 billion by 2029.
What is the current Endotracheal Tube Market size?
In 2024, the Endotracheal Tube Market size is expected to reach USD 2.30 billion.
Who are the key players in Endotracheal Tube Market?
Medtronic, ICU Medical, Becton, Dickinson and Company, Angiplast Pvt Ltd and Teleflex Incorporated are the major companies operating in the Endotracheal Tube Market.
Which is the fastest growing region in Endotracheal Tube Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Endotracheal Tube Market?
In 2024, the North America accounts for the largest market share in Endotracheal Tube Market.
What years does this Endotracheal Tube Market cover, and what was the market size in 2023?
In 2023, the Endotracheal Tube Market size was estimated at USD 2.16 billion. The report covers the Endotracheal Tube Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Endotracheal Tube Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Endotracheal Tube Industry Report
Statistics for the 2024 Endotracheal Tube market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Endotracheal Tube analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
