A new market study on the 2022-2028 Tracheal Tube and Airway Products Market with 100+ market data Tables, Pie Chat, and Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry-validated market data. The report incorporates a broad evaluation of different methods like combinations and acquisitions, thing headways, and investigation and enhancements embraced by observable market pioneers to stay at the front line in the overall market.
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The airway is the path that air takes to reach the lungs. The nose, throat, windpipe, mouth, and lungs are all part of this route. Airway management is a set of measures that keeps the airway from collapsing. Airway control is accomplished in two ways: basic and sophisticated approaches. Basic airway management treatments are often non-invasive and do not necessitate the use of any medical equipment. Advanced airway management procedures necessitate the use of medical equipment as well as specific training. During general anesthesia and in patients who have trouble breathing, airway devices enable for smooth airflow.
The global tracheal tube and airway products market was valued at US$ 3,050.6 million in 2017, and is expected to witness a robust CAGR of 6.4% over the forecast period (2018–2026).
Drivers:
The global tracheal tube and airway products market is predicted to expand due to major players’ ongoing focus on creating new products. For instance, Oventus Medical introduced a new device, O2 Vent Optima, in January 2019. It is used to treat obstructive sleep apnea. It is based on the airway technology developed by Oventus Medical. It keeps the airway from contracting and allows for unrestricted airflow from the tongue, soft palate, and nose. It can be used with or without continuous positive airway pressure.
Moreover, regulatory body approvals of tracheal tubes and airway products are likely to fuel the global tracheal tube and airway products market expansion. For instance, in October 2018, Vapotherm Inc. got Food and Drug Administration (FDA) certification for its Flow Hi-VNI system, a respiratory aid device. It eliminates high carbon dioxide and oxygen-depleted exhaled air and replaces it with humidified oxygen-rich air delivered via nasal cannulas.
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Market Taxonomy:
By Product Type
- Products
- Oral Airway Tube
- Endotracheal Tube
- Oral/Nasal Airway Tube
- Nasal Airway Tube
- Laryngoscope
- Others
- Accessories
By Material
- Thermoplastic Polyurethane (TPU)
- Polyvinyl Chloride (PVC)
- Polyolefins
- Polypropylene (PP)
- Polyethylene (PE)
- Silicone
- Others
By End User
- Surgical / Ambulatory Surgical Centers
- Hospitals
- Homecare Settings
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
Key Development:
The adoption of strategies such as mergers, acquisitions, and collaborations by major players to retain a competitive advantage in the market is likely to boost the growth of the worldwide tracheal tube and airway products market. For instance, in February 2019, Pulmodyne, an airway product maker, bought respiratory and critical airway management devices from a developer, Mr. Steve Islava. The acquisition was made to broaden the company’s product offering. SIPQuik Cervical Collar, NebuFlex, Pneusplint Extremity Splints, Open the Airway (OTA) CPR Board, and the Care2 Nebulizer are among the items available.
Furthermore, key players are focusing on participating in tracheal tube and airway products-related conferences and events, which is expected to drive the global tracheal tube and airway products market growth. For instance, in May 2019, Sommetrics Inc. attended the Respiratory Innovation Summit in Dallas. The company demonstrated its products for lung and airway diseases to clinicians, investors, and innovators. As a result, this aspect is likely to have a favourable impact on the growth of the worldwide tracheal tube and airway products market.
Restraints:
Product recalling of airway and tracheal tube is predicted to hinder growth of the global tracheal tube and airway products market. For instance, The United States Food and Drug Administration (FDA) initiated a recall of numerous versions of Teleflex Inc.’s Hudson RCI Sheridan and Sheridan Endotracheal Tubes in May 2019 due to the tubes being detached from the circuits, and about 6.07 million devices were recalled.
Competitive Landscape:
Market players active in the global tracheal tube and airway products market are Smiths Medical, Teleflex Inc., Medis Medical (UK) Ltd, Medtronic Plc., The Airway Company (Shikani Medical, LLC), VBM Medizintechnik GmbH, Mercury Medical, Boston Medical Products Inc., BomiMed, and Halyard Health Mercury Medical.
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Table Of Content
Chapter No. 1 Introduction
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. USP & Key Offerings
1.2. Key Benefits for Stakehulders
1.3. Target Audience
1.4. Report Scope
Chapter No. 2 Executive Summary
2.1. Key Findings
2.1.1. Top Investment Pockets
2.1.1.1. Market Attractiveness Analysis, By Type
2.1.1.2. Market Attractiveness Analysis, By End Use
2.1.1.3. Market Attractiveness Analysis, By Region
2.2. Market Snapshot
2.3. Global Tracheal Tube and Airway Products Market, 2017 – 2022 (USD Million)
2.4. Insights from Primary Respondents
Chapter No. 3 COVID 19 Impact Analysis
3.1. Impact Assessment of COVID-19 Pandemic, By Region
3.1.1. North America
3.1.2. Europe
3.1.3. Asia Pacific
3.1.4. Latin America
3.1.5. The Middle-East and Africa
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