Global Anesthesia Endotracheal Tubes Market 2016-2020
ETT is a tube embedded into the trachea for the administration of anesthesia, maintenance of the airway passage, aspiration of secretions, ventilation of the lungs, and anticipation of the passageway of foreign material into the tracheobronchial tree. There are two types of ETT for anesthesia management: the orotracheal tube and the nasotracheal tube. The orotracheal tube is embedded through the mouth into the trachea and the nasotracheal tube is embedded through the nose into the trachea.
Technavio’s analysts forecast the global anesthesia endotracheal tubes (ETT) market to grow at a CAGR of 1.59% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global anesthesia endotracheal tubes (ETT) market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of anesthesia ETT.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Anesthesia Endotracheal Tubes (ETT) Market 2016-2020
Technavio recognizes the following companies as the key players in the global anesthesia endotracheal tubes (ETT) market: C. R. Bard, ConvaTec, GE Healthcare, and Medtronic.
Other Prominent Vendors in the market are: KindWell Medical, ROYAX, Fuji Systems, SEWOONMEDICAL, Neurovision Medical, and Intersurgical.
Commenting on the report, an analyst from Technavio’s team said: “EMG monitoring technique promoting the usage of ETTs will be a key trend for market growth. Existing ETT devices are being equipped with additional features to enhance their usage so that the results are effective, and there are no side effects. For instance, Neurovision EMG monitoring ETT is used to monitor the recurrent laryngeal nerve, using a standard ETT. The Cobra ETTsingle channel and Cobra EMG monitoring ETT two-channel are being used to create an open airway for patient ventilation while simultaneously monitoring the EMG activity and assessment of the nerves involved in the laryngeal activity.”
According to the report, growing volume of surgical procedures will be a key driver for market growth. Medical facilities perform various surgeries in the areas of orthopedics, trauma, ophthalmology, cardiovascular, respiratory, oncology, neurology, endoscopy, laparoscopy, and cosmetics. These surgeries help treat cardiovascular diseases, gastrointestinal diseases, urological disorders, spinal abnormalities, brain tumors, and orthopedic deformities. Medical facilities perform most of these surgeries in an outpatient setting as it costs 37% less compared to an inpatient setting. A research study conducted by uke University, US in 2014 estimated that medical facilities perform 40 million surgeries each year in the US.
Further, the report states that anesthesiologists play a major role in providing medical care to patients in a wide variety of situations. In rural areas, anesthesia is administered by nurses, who may not be sufficiently qualified or trained in administering anesthesia. Though various chronic diseases (such as cardiovascular diseases) are increasing the number of deaths, the number of physicians is not increasing as expected. In few countries such as Greece, Germany, and Sweden, the number of physicians is higher than the average number of physicians required for the population. However, in developed countries such as Canada, the UK, and the US, the number of physicians is less.Lack of supervision and knowledge about the correct use of anesthesia equipment, in accordance with the age of the patient and the type of surgery, will pose a challenge to the growth of the market.
C. R. Bard, ConvaTec, GE Healthcare, Medtronic, KindWell Medical, ROYAX, Fuji Systems, SEWOONMEDICAL, Neurovision Medical, Intersurgical.
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