About Endotracheal Tube Securement Devices
Endotracheal tube securement is a daily and vital part of the nursing practice in ICUs. The factors such as the Increasing Number of Target Patient Population and the Development of New Diagnostic Centres and Hospitals are the key drivers for the global Endotracheal Tube Securement Devices market. In addition, Technological Advancements in The Medical Science also fueling the market growth. However, High Cost of the Research and Development Investment may hamper the market growth
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market for Endotracheal tube securement is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as product innovation and using various marketing strategies to gain a higher market share. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Endotracheal Tube Securement Devices market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Medtronic PLC (Ireland), ConvaTec Group plc (United Kingdom), Merit Medical Systems, Inc (United States), Smiths Group PLC (United Kingdom), Dale Medical Products, Inc. (United States), Centurion Medical Products Corporation (United States), B. Braun Melsungen Ag (Germany), M. C. Johnson Company, Inc. (United States), 3M Company (United States), C. R. Bard, Inc. (United States) and Baxter International, Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Endotracheal Tube Securement Devices market by Type (Tracheal Intubation Stabilization Device and Other), Application (Hospitals, Clinics and Ambulatory Surgery Centers) and Region.
On the basis of geography, the market of Endotracheal Tube Securement Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Technological Advancements in The Medical Science
Market Growth Drivers:
Increasing Number of Target Patient Population and Development of New Diagnostic Centres and Hospitals
Challenges:
Stringent Government Rules and Regulations
Restraints:
High Cost of the Research and Development Investment
Opportunities:
Growth in the Healthcare Industry and Increasing Demand from End-users
Market Leaders and their expansionary development strategies
In August 2022, US Med-Equip, a leading provider of rented medical equipment and services, acquired of Freedom Medical to meet the growing equipment and service needs of hospitals and other healthcare partners throughout the country.
In August 2022, Dale Medical Products, Inc. (Dale), is expanding its offering with its new BreezeLock® Endotracheal Tube Holder.Like the Dale Stabilock Endotracheal Tube Holder, the new endotracheal tube holder features a soft, comfortable, flexible neckband with no hard plastic parts. The BreezeLock includes a Tube Track for easy repositioning of the endotracheal tube while still allowing easy access to the mouth for oral care.
Key Target Audience
Endotracheal Tube Securement Devices Manufacturers, Distributors, Emerging Companies, Research Professionals and End-users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.