Tracheostomy Tube Market

- Size, Trend, Share, Opportunity Analysis, and Forecast, 2017-2023

  • Date Medical Devices & Supplies
  • Date March 2018
  • price $3995
 
 

Tracheostomy Tube Market - Overall Industry Analysis 2023

Progressive Markets published a report, Tracheostomy Tube Market - Size, Trend, Share, Opportunity Analysis & Forecast, 2016-2023, which says that the market was valued at 153 million USD in 2016 and is likely to grow at a CAGR of around 3.8% from 2017 to 2023.

A tracheostomy is a curved tube which is placed into a tracheostomy stoma (hole made in the neck and windpipe) to secure the airway for patients who need prolonged invasive mechanical ventilation, have upper-airway obstruction, underwent a laryngectomy, or have difficulty managing secretions. A normal tracheostomy tube comprises three parts namely outer cannula with flange (neck plate), inner cannula, and an obturator. The outer cannula is the outer tube that holds the tracheostomy open. A neck plate extends from the sides of the outer tube and has holes to attach cloth ties or velcro strap around the neck. The inner cannula is placed inside the outer cannula and has a lock to prevent it from being coughed out. The obturator is used to insert a tracheostomy tube.

Market Drivers and Restraints:

The report provides an analysis of the drivers, restraints and opportunities impacting the growth of the market. The growing incidence of laryngeal or throat cancer and other abnormalities such as vocal cord paralysis, chronic lung diseases, etc., sedentary lifestyle, the rise in demand for homecare services and technological advancement for the diagnosis and treatment, growing healthcare infrastructure in many growing economies, and availability of skilled surgeons cause the market to grow. On the other hand, the lack of awareness of people towards availability of such novel treatment devices and high cost of tracheostomy surgical interventions cause the market growth to slow down.

Tracheostomy Tube Market Key Segments:

The research report analyzes the tracheostomy tube market based on its segmentation. The market is divided by type, application, and region. Based on type, the market is bifurcated into silicone rubber tracheostomy tube and PVC tracheostomy tube. Based on application, the market is divided into emergency treatment and therapy. The market analysis for tracheostomy tube is studied across North America, Europe, Asia, China, and rest of the world.

Type

  • Silicone Rubber Tracheostomy Tube
  • PVC Tracheostomy Tube

Application

  • Emergency Treatment
  • Therapy

Geography

  • North America
  • Europe
  • Asia
  • China
  • Rest of the world

Key Market Players:

The global tracheostomy tube market report includes details about the leading players operating in the industry. They hold the key technologies and patents with high-end customers. The players include Medtronic, Teleflex Medical, Smiths Medical, TRACOE Medical, ConvaTec, Fuji Systems, Sewoon Medical, Boston Medical, Well Lead, TuoRen, Pulmodyne, and others.

Key Benefits from the Report:

  • The report provides a detailed analysis of the tracheostomy tube market, which includes the market size, market share, market trends, market competition by manufacturers, market production and revenue based on regions, market consumption, export, import by regions, market production, revenue, and price trend by types, market analysis by applications, company profiles analysis, manufacturing cost analysis, industrial chain, market strategy analysis, market effect factors analysis, and market forecast.
  • The charts, graphs and figures provide further clarity to the information in the report.
  • The report is a useful source of guidance for industry players, investors, and stakeholders as it helps them gain a deep understanding of the overall market and take informed business decisions based on their long-term goals.
  • The study helps identify the elucidate the prominent investment pockets.
  • Current trends and forecasts are outlined to determine the overall market potential and single out the trends which are profitable in order to gain a strong foothold in the industry.
  • The key drivers, restraints, and opportunities along with their consequences on the market are discussed in the report.
  • North America had the largest market consumption of nearly 36.5% in 2017. Following North America, Europe is the largest consumer of tracheostomy tube, i.e. nearly 29.2%.


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