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Tracheostomy Products Market: An In-Depth Exploration of the Industry

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Market Size – USD 201.2 Million in 2022, Market Growth – at a CAGR of 4.2%, Market Trends – Rising demand for tracheostomy products in North America

The global tracheostomy products market size is expected to reach USD 305.1 Million in 2032 and register a steady revenue CAGR of 4.2% during the forecast period, according to latest analysis by Emergen Research. Availability of medical reimbursement and insurance coverage is a major factor driving market revenue growth. Tracheostomy is a surgical procedure that involves making an incision on anterior aspect of neck and opening a direct airway through that incision. For instance, supplies for tracheostomies are covered under Medicare's Prosthetic Benefit.  Medicare will pay for a beginning kit for tracheostomy care or cleaning (A4625), following an open surgical tracheostomy. In addition, advancements in technology  is another factor driving market revenue growth. For instance, a modular mini-robotic device with robotic needling technology to enhance the present percutaneous dilatational tracheostomy treatments and lower risk of infection for medical personnel in the infectious illness unit is currently in development. This would provide accurate access to t cervical trachea.

The report analyzes the leading players The report analyzes the leading players of the global Tracheostomy Products market drivers and restraints market by inspecting their market share, recent developments, new product launches, partnerships, mergers, or acquisitions, and their target markets. This report also includes an exhaustive analysis of their product profiles to explore the products and applications their operations are concentrated on in the global Tracheostomy Products market drivers and restraints market.

 

Some Key Highlights From the Report

  • On 11 January 2021, Blue Rhino G2-Multi Percutaneous Tracheostomy Introducer sets and trays, which are presently offered to physicians in the U.S. and Canada, were launched, according to Cook Medical. This item, which is made to suit various tracheostomy tube diameters, is a novel twist on Ciaglia Blue Rhino line.
  • The tracheostomy tubes segment is expected to account for largest revenue share in the global tracheostomy products market during the forecast period. This is due to widespread use of tracheostomy tubes in conditions including obstructive sleep apnea, coma, throat cancer, etc.. Tracheostomy tubes are also utilized in patients who are prone to upper airway obstruction to facilitate positive pressure ventilation, maintain a patent airway, and enable access to lower respiratory tract for airway clearance.
  • The Percutaneous Dilatational Tracheostomy (PDT) segment is expected to account for fastest revenue growth rate during the forecast period. This is because PDT is an effective Surgery Treatment (ST) replacement in critically ill patients in need of long-term mechanical ventilation or airway support. PDT can be easily performed at the bedside by critical care experts, avoiding need for patient transfers and needing time in operating room, in patients with non-emergent needs and easily perceptible tracheal architecture. The Ciaglia method, which involves passing tools through a guidewire, is the most common and secure percutaneous dilatational tracheostomy surgery.
  • The North America market is expected to account for largest revenue share during the forecast period owing to rising demand for tracheostomy products. For instance, on 1 November 2022, the U.S. Food and Drug Administration (FDA) sent out a notification to patients and healthcare providers warning them that tracheostomy tubes, specifically Bivona tracheostomy tubes produced by ICU Medical, are in short supply. FDA is working closely with vendors and other stakeholders to ensure that these essential medical devices are accessible to patients who need them and that supply problems are quickly resolved.
  • Some major companies in the global market report include Medtronic, Smiths Group plc., TRACOE Medical GmbH, Teleflex Incorporated, Fisher Paykel Healthcare Limited, Andreas Fahl Medizintechnik–Vertrieb GmbH, Boston Medical Products Inc., Convatec Group PLC, Cook Group, and Fuji Systems.

To get leading market solutions, visit the link below: https://www.emergenresearch.com/industry-report/tracheostomy-products-market

Emergen Research has segmented the global tracheostomy products market based on type, technique, end-use, and region:

  • Type Outlook (Revenue, USD Million; 2019–2032)

    • Tracheostomy Tubes
      1. Double-Lumen Tubes
      2. Cuffed Tubes
      3. Uncuffed Tubes
      4. Single-Lumen Tubes
      5. Fenestrated Tubes
      6. Adjustable-Flange Tubes
    • Ventilation Accessories
    • Clean Care Kits
    • Others

  • Technique Outlook (Revenue, USD Million; 2019–2032)

    • Percutaneous Dilatational Tracheostomy
      1. Ciaglia Blue Rhino Tracheostomy
      2. Ciaglia Tracheostomy
      3. Schachner/Rapitrac Tracheostomy
      4. Griggs Tracheostomy
      5. Fantoni Translaryngeal Tracheostomy
      6. Percutwist Tracheostomy
    • Surgical Tracheostomy

  • End-Use Outlook (Revenue, USD Million; 2019–2032)

    • Hospitals Surgery Centers
    • Ambulatory Care Centers (ASCs)
    • Home Care Settings
    • Research Laboratories Academic Institutes

  • Regional Outlook (Revenue, USD Million; 2019–2032)

    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. UK
      3. France
      4. Italy
      5. Spain
      6. Sweden
      7. BENELUX
      8. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Israel
      5. Rest of Middle East Africa

Related Reports: 

About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

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