Global
tracheal
intubation market is expected to grow at a significant CAGR in
the upcoming period as the scope and its applications are rising enormously
across the globe. Tracheal intubation is also termed, as intubation is a
procedure of inserting a flexible plastic tube into the trachea so that a
patient can be placed on a ventilator to assist with breathing during severe
illness, anesthesia, or sedation. It helps to prevent the possibility of airway
obstruction or asphyxiation.
The
factors that are playing a major role in the growth of the market are the
growing number of injuries, availability of enhanced surgical procedures and
continuous enhancement in medical sector by manufacturers, and developed
R&D sectors. However, lack of trained personnel’s and long incubation
period may restrain overall market growth in the years to come. Tracheal
intubation market is segmented based on type, product type, equipment,
end-user, and region.
Tracheostomy
intubation, endotracheal intubation, orotracheal intubation, nasotracheal
intubation, and other types could be explored in tracheal intubation in the
forecast period. Disposable and reusable tracheal intubation are the product
types that could be explored in tracheal intubation in the forecast period. The
disposable sector accounted for the substantial market share of tracheal
intubation and is estimated to continue its dominance in the years to come. The
reason could be the rising awareness regarding spreading infection from one
patient to another.
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Tracheal
tubes, laryngoscopes, stylets, and other equipment could be explored in
tracheal intubation in the forecast period. The market may be categorized based
on end-users like ambulatory surgical centers, hospitals, clinics, and others
that could be explored in the forecast period.
Globally,
North America accounted for the substantial market share of tracheal intubation
and is estimated to lead the overall market in the years to come. The reason
behind the overall market growth could be the rising use of enhanced technology
and equipment, developed healthcare infrastructure, and the growing geriatric
population. The United States and Canada are the major consumers of tracheal
intubation in this region.
Europe
and the Asia Pacific are also estimated to have a positive influence on future
growth. Europe is the second largest region with significant market share.
However, Asia Pacific is estimated to grow at the highest CAGR in the forecast
period. The aspects that may be ascribed to the growth comprise increasing
expenditure on latest innovations and acceptance of enhanced procedures in
clinical practice. The developing countries like India and China are the major
consumers of tracheal intubation in this region.
The
key players of tracheal intubation market are Mallinckrodt Medical, Medis
Medical, Medtronic, Bicakcilar, Smiths Medical, Flexicare Medical Limited, and
Teleflex. These players are concentrating on inorganic growth to sustain
themselves amidst fierce competition.
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