About Medical Tracheostomy Tube
A tracheotomy is a surgically created hole (stoma) in your trachea (trachea) that provides an alternative airway for breathing. A tracheostomy tube is inserted through the hole and fastened around the neck with a strap. A tracheotomy is a surgically made hole that goes through the front of your neck into your trachea or trachea and uses a breathing tube that goes through the hole to make it easier for you to breathe. A breathing tube, called a trach tube, is inserted through the hole and directly into your windpipe to make breathing easier. Patients with respiratory arrest who cannot be weaned within 7 to 10 days are candidates for a tracheotomy. Most severely injured trauma patients who require intubation for more than 5 days require airway support and benefit from an early tracheostomy. Tracheostomies are generally safe but have risks. Some complications occur particularly during or shortly just after the surgery. The risk of such problems increases significantly if the tracheotomy is performed as an emergency procedure.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Medical Tracheostomy Tube 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 (Ireland), Teleflex Medical (United States), Smiths Medical (United States), TRACOE Medical GmbH (Germany), Sewoon Medical Co. Ltd (South Korea), Fuji Systems Corporation (Japan), ConvaTec Group Plc (United Kingdom), Boston Medical (United States) and Pulmodyne (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Unomedical (Denmark), Intersurgical (United Kingdom) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Medical Tracheostomy Tube market by Type (Cuffed Tracheostomy Tubes, Un-Cuffed Tracheostomy Tubes, Fenestrated Tracheostomy Tubes, Single-Cannula Tracheostomy Tubes, Dual-Cannula Tracheostomy Tubes and Others), Application (Hospitals, Clinics, Ambulatory Surgical Centers and Others) and Region.
On the basis of geography, the market of Medical Tracheostomy Tube 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). If we see Market by Components, the sub-segment i.e. Outer Cannulas will boost the Medical Tracheostomy Tube market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material Type, the sub-segment i.e. PVC will boost the Medical Tracheostomy Tube market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-Use, the sub-segment i.e. General Anesthesia will boost the Medical Tracheostomy Tube market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Incidence Of Chronic Respiratory Diseases Across The World, Especially In Developing Countries
Market Growth Drivers:
Increasing Incidence Of Tobacco Smoking And Poor Air Quality, Increasing Number Of Surgical Procedures Including Cardiothoracic Surgeries and Rise In Demand For Homecare Services
Challenges:
Unawareness about the Medical Tracheostomy Tubes in Under Developed Areas
Restraints:
Inadequate Reimbursements For Tracheostomy Tubes and Comparatively High Prices Of These Devices
Opportunities:
Increase In The Per Capita Health Care Expenditure and Rise In Adoption Of The Tracheostomy Products In Emerging Economies
Market Leaders and their expansionary development strategies
In September 2021, Atos Medical, a specialist in laryngectomy care, has announced the acquisition of German tracheostomy company TRACOE medical GmbH, including MC Europe B.V., and of Kapitex Healthcare LTD.
In January 2020, Smiths Medical announced it has launched a new Polyvinyl Chloride (PVC) tracheostomy tube portfolio to its family of tracheostomy tubes. The new tracheostomy tubes have options for a variety of patients.
Key Target Audience
Manufacturers of Medical Tracheostomy Tube, Suppliers and Distributors of Medical Tracheostomy Tube, End-Users, Potential Investors, Market Research Firms, Regulatory Bodies and Others
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.