The endotracheal tube market is estimated to be valued at USD 1,040.7 Mn in 2024 and is expected to reach USD 1,715.4 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.
Discover market dynamics shaping the industry request sample copy
Factors such as the increasing number of surgical procedures performed worldwide and rising prevalence of respiratory diseases are fueling the demand for endotracheal tubes. Additionally, technological advancements in endotracheal tubes bringing in features such as heat and moisture exchange and low-pressure cuffs are seeing greater uptake. New product launches catering to the needs of pediatric patients especially preterm neonates are further supporting the endotracheal tube market expansion. However, the availability of alternative airway management devices may hamper the endotracheal tube industry growth to a certain extent.
Discover high revenue pocket segments and roadmap to it: Get instant access to report
Insights By Product Type - Superior features drive armored/reinforced endotracheal tubes demand
In terms of product type, armored/reinforced segment is estimated to contribute the highest market share of 41.7% in 2024, driven by its superior performance capabilities such as enhanced safety, effective sealing, and reduced risk of aspiration, critical for patient care during mechanical ventilation. Armored endotracheal tubes are designed to withstand external pressures and prevent damage from accidental trauma, ensuring that the airway remains secure and functional even in challenging environments.
Insights By Route of Administration - Orotracheal intubation's advantages maximize its market dominance
In terms of route of administration, orotracheal segment is estimated to contribute the highest market share of 65.1% in 2024 in endotracheal tube sector, due to various advantages over nasotracheal intubation. Orotracheal intubation is the preferred method for critically ill patients requiring long-term mechanical ventilation as it avoids trauma to the nasal passages.
Insights By End User - Hospitals emerge as key end users due to comprehensive care needs
In terms of end user, hospitals segment is estimated to contribute the highest market share of 49.7% in 2024, as they cater to the vast majority of patients requiring endotracheal intubation. Primarily due to their capacity to serve patients requiring intubation. These patients often suffer from complex conditions such as respiratory failure or cardiac issues, necessitating specialized infrastructure and skilled staff for effective long-term respiratory support and monitoring.
To learn more about this report, request sample copy
Regional Analysis: Endotracheal Tube Market
Dominating Region: North America
North America is expected to dominate the endotracheal tube industry with the highest market share of 39.7% in 2024. This is due to a well-established healthcare infrastructure and widespread adoption of advanced medical technologies.
Fastest-Growing Region: Asia Pacific
The Asia Pacific region exhibits the fastest growth with 24.2% market share in 2024 in the endotracheal tube sector, driven by increasing medical tourism, rising healthcare expenditures, and a growing incidence of chronic diseases, alongside infrastructure upgrades and enhanced manufacturing capabilities among regional players.
Endotracheal Tube Market Outlook for Key Countries
U.S.’ large patient pool and continuous technological upgrades
The U.S. endotracheal tube industry is propelled by a substantial patient population and ongoing technological advancements. Leading manufacturers are focusing on new product launches and strategic partnerships to enhance their market presence, aiming to meet the increasing demand driven by a rise in surgical procedures and chronic disease prevalence.
Government's public health initiatives in China
China endotracheal tube industry is experiencing significant growth due to robust government public health initiatives. Domestic suppliers are enhancing their research and development capabilities through strategic collaborations, which is expected to improve product offerings and meet the increasing demand driven by rising healthcare needs and surgical procedures.
Japan’s structured medical system
Japan continues to dominate the endotracheal tube industry in Asia Pacific due to its well-structured medical system and emphasis on quality. Local industry leaders have established strong positions through effective supply chain management, ensuring reliable access to high-quality products that meet the demands of healthcare providers and patients alike.
Germany’s large elderly population and higher adoption of novel medical technologies
Germany endotracheal tube sector is bolstered by a large elderly population and a high adoption rate of innovative medical technologies. The demand for these products is driven by various application areas, as healthcare providers respond to the needs of an aging demographic requiring advanced respiratory support and care solutions.
Get actionable strategies to beat competition: Get instant access to report
Top Strategies Followed by Endotracheal Tube Market Players
Emerging Startups in the Endotracheal Tube Market
Key Takeaways from Analyst
The endotracheal tube sector continues to be driven by rising ICU admissions and increase in number of surgical procedures worldwide. Various advantages of endotracheal tubes such as enabling mechanical ventilation support for patients and preventing aspiration of secretions into the lungs will see continued demand growth.
North America dominates the endotracheal tube space currently due to high healthcare spending and presence of major players. However, Asia Pacific is expected to witness the fastest gains owing to growing medical tourism as well as rising number of hospitals in China and India.
Factors such as availability of alternative devices for airway management can negatively impact the endotracheal tube market. Complications associated with endotracheal intubation procedures also act as a roadblock. However, ongoing technological advancements focused on developing safer and user-friendly products are offsetting such challenges.
Endotracheal Tube Market Report Coverage
Report Coverage | Details | ||
---|---|---|---|
Base Year: | 2023 | Market Size in 2024: | US$ 1,040.7 Mn |
Historical Data for: | 2019 To 2023 | Forecast Period: | 2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: | 7.4% | 2031 Value Projection: | US$ 1,715.4 Mn |
Geographies covered: |
|
||
Segments covered: |
|
||
Companies covered: |
Sterimed Group, ICU Medical, Inc., Advin Health Care, Medtronic , Van Oostveen Medical B.V., Teleflex Incorporated, Convatec Inc., Fuji Systems Corp, Hollister Incorporated, Well Lead Medical Co.,Ltd, Medline, Angiplast Pvt Ltd, SEWOON MEDICAL Co., Ltd., and Kimberly-Clark |
||
Growth Drivers: |
|
||
Restraints & Challenges: |
|
Uncover macros and micros vetted on 75+ parameters: Get instant access to report
Market Driver - Increasing prevalence of respiratory diseases
Increasing prevalence of respiratory disease is expected to drive the market growth. For instance, according to the WHO fact sheet released in March 2023, over 200 million individuals are affected by chronic obstructive pulmonary disease (COPD), causing 3.23 million deaths in 2019 and 65 million experiencing moderate-to-severe COPD. Moreover, sleep-disordered breathing affects around 1-6% of the adult population, which amounts to more than 100 million people.
Market Challenge - Risk of complications associated with endotracheal intubation
One of the major challenges in the endotracheal tube industry is the risk of complications associated with intubation, an invasive procedure that can lead to issues ranging from sore throat to severe lung collapse. Improper insertion can damage vocal cords and internal tissues, while tube movement may injure delicate throat structures. These risks complicate the procedure, posing regulatory challenges for manufacturers and necessitating continuous innovation to develop safer endotracheal tubes that minimize complications and adhere to stricter healthcare regulations.
Market Opportunity - Increasing demand for portable ventilators
The rising demand for portable ventilators presents significant growth opportunities for the endotracheal tube market. These ventilators facilitate patient mobility within hospitals and allow for early discharge to subacute care facilities. Consequently, there is an increasing need for durable endotracheal tubes that ensure secure airway management during transport, including ambulance and air transfers, leading manufacturers to develop lightweight, portable tubes integrated with ventilation systems.
Share
About Author
Manisha Vibhute is a consultant with over 5 years of experience in market research and consulting. With a strong understanding of market dynamics, Manisha assists clients in developing effective market access strategies. She helps medical device companies navigate pricing, reimbursement, and regulatory pathways to ensure successful product launches.
Missing comfort of reading report in your local language? Find your preferred language :
Transform your Strategy with Exclusive Trending Reports :
Frequently Asked Questions
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients