Global tracheal tube and airway products market is estimated to be valued at US$ 4,140.5 million in 2022 and is expected to exhibit a CAGR of 6.6% during the forecast period (2022-2030).
Figure 1. Global Tracheal Tube and Airway Products Market Share (%), by Products Type, 2022
Increasing product launches of tracheal tubes and airway products by the key players is expected to drive the market growth over the forecast period.
Increasing product launches of tracheal tubes and airway products by the key players is expected to drive the market growth over the forecast period. For instance, in January 2019, Oventus Medical, a brisbane-based medical device company released a new product, O2 Vent Optima. It is used in the obstructive sleep apnea disorder. It is designed on the basis of Oventus Medical’s airway technology. It prevents collapsing of airway and unobstructed airflow from tongue, soft palate, and nose. It can be used with or without continuous positive airway pressure.
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