Global anti-infective endotracheal tube market growth can be hampered due to high cost associated with these medical devices. Anti-infective endotracheal tubes are engineered to prevent hospital-acquired infections through various mechanisms like impregnating with antimicrobial agents. However, this additional safety feature are expensive as compared to conventional endotracheal tubes. Healthcare systems across major markets have constrained budgets for medical devices and equipment. Premium pricing of anti-infective versions poses affordability issues, restricting their widespread adoption. Manufacturers also attempt to recover their investments in R&D and clinical trials through product pricing. This makes anti-infective endotracheal tubes costly choices for patients in developing nations and underserved regions where incidences of infections are higher. Price sensitivity can also hamper the market growth unless costs are lowered through improved production techniques and scale economies.
Market Opportunity - Emerging economies offering untapped potential for market
Global anti-infective endotracheal tube market can witness new growth opportunities emerging from developing and underpenetrated markets. Rapid economic development and rising disposable incomes enable greater government and individual spending on healthcare advances in nations like India, Brazil, Indonesia and African countries. As per capita medical expenditure increases, these emerging patient pools will look for superior safety measures and premium products to tackle preventable hospital infections. Since infection rates are higher in developing Asian and Latin American countries due to limited hygiene and sanitation, there will be huge demand for anti-infective endotracheal tubes. Growing medical tourism and rising medical standards in smaller cities and towns within emerging markets can boost sales volumes. If manufacturers cater innovative and affordable product offerings, significant untapped revenues can be tapped from these developing regions in the near future.
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients