The coated endotracheal tube market was valued at $126.13 million in 2020, and is projected to reach $237.99 million by 2030, growing at a CAGR of 6.5% from 2021 to 2030. Endotracheal tube is a medical device employed for airway management in critically injured, ill, or anesthetized patients. This tube is inserted in the trachea either through mouth or nose to confirm the adequate exchange of oxygen and carbon dioxide and maintains the patientโs airway. These tubes are coated with antimicrobial coatings to prevent the bacterial growth or biofilm formation on the surface of endotracheal tube, which may cause airway obstruction.
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This report provides comprehensive competitive analysis and profiles of prominent market players such as Bactiguard Holding AB, Avanos Medical, Hospiteknik Healthcare, Smiths Medical Plc., Fuji Systems Corp., N8 Medical LLC, Sharklet Technologies, Inc., Medtronic, Teleflex Incorporated, and Venner Medical.
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- By intubation, the orotracheal intubation segment held the largest market share in 2020 and is expected to remain dominant during the forecast period.
- By application, the anesthesia segment held the largest market share in 2020 and is expected to remain dominant during the forecast period.
- By end user, the hospitals segment held the largest market share in 2020 and is expected to remain dominant during the forecast period.
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- However, in 2020, the outbreak of the COVID-19 pandemic led to have a negative impact on the growth of the Coated Endotracheal Tube market, especially in the initial period.
- The implementation of global lockdown restricted the functioning hours of all endoscopy procedures across the world.
- In order to maintain the social distancing norms, most of the departments in the hospitals were closed and few of them were opened with limited staff.
- Nevertheless, the Coated Endotracheal Tube market is going to get back on track with a steady pace, once the lockdown is completely over.
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By end user, the market is fragmented into hospitals, clinics, and ambulatory surgical centers. The hospital segment accounted for maximum market revenue in 2020, and is anticipated to maintain its dominant position during the forecast period. This is attributed to rise in number of hospitals and infrastructural & economic development, especially in emerging countries.
Region wise, the coated endotracheal tube market is analyzed across North America, Asia-Pacific, Europe, and LAMEA. North America dominated the market in 2020, accounting for the highest share, and is anticipated to maintain this trend throughout the forecast period. This is attributed to increase in case of pulmonary conditions, pneumonia, cancer, and other conditions, thus rise in demand for coated endotracheal tube in such diseases are a major factor that contributes toward the growth of the coated endotracheal tube market. However, as per coated endotracheal tube market forecast, Asia-Pacific is projected to register the highest growth rate from 2021 to 2030.
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