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The global tracheostomy products market size was valued at USD 170.6 million in 2023, driven by the increasing prevalence of respiratory disorders across the globe. The market size is anticipated to grow at a CAGR of 4.56% during the forecast period of 2024-2032 to achieve a value of USD 254.8 million by 2032.
Tracheostomy is a medical surgical procedure which is performed on the patients who are suffering from respiratory issues. The respiratory issues could be due to suffering from any respiratory disorders such as sleep apnea, respiratory infections and major diseases as chronic obstructive pulmonary disease (COPD). In tracheostomy, the healthcare professionals make an opening in the neck which could be temporary or permanent. The equipment used in tracheostomy are known as tracheostomy products such as tracheostomy tube, tracheostomy tube holders, speaking valves, suctioning devices, tracheostomy care kits, among others.
Tracheostomies offer multiple benefits and advantages in patient care. They help to maintain a patent airway, deliver oxygen, facilitate mechanical ventilation, and allow for effective suctioning of respiratory secretions. Tracheostomies also minimize the high risk of sophistications related with prolonged intubation, such as damage to the vocal cords and throat, and can improve patient comfort and communication. Tracheostomy management requires specialized care and continuous monitoring. This includes regular tracheostomy tube cleaning, suctioning, and dressing changes, as well as monitoring for complications such as infection, tube blockage, or accidental decannulation.
There are several key trends justifying the global tracheostomy products market growth including the increasing technological advancement in the field. Major key players are focusing more on developing advanced tracheostomy products that are more convenient to use and enhanced versions of current tracheostomy products that are available in the market. One of the major advancements that manufacturers are trying to make is reducing the product size and increasing the efficacy as reduction in product size will directly result in increased patient comfort, increased convenience of healthcare professionals while installations among other benefits.
Portable and user-friendly products, such as lightweight and disposable tracheostomy tubes, are gaining popularity to meet the needs of patients and provide convenience to caregivers in non-hospital settings. The rising prevalence of chronic respiratory conditions, such as chronic obstructive pulmonary disease (COPD) and obstructive sleep apnea (OSA), is also likely to aid the tracheostomy products market development. The mentioned conditions often require long-term respiratory support such as including tracheostomy procedures which lead to a sustained market growth in tracheostomy products.
Market Breakup Product Type
Market Breakup by Technique
Market Breakup by End User
Market Breakup by Region
Tracheostomy products play an important role and provides many opportunities to the healthcare industry. There are several major factors that are driving the global tracheostomy products market growth including the rising prevalence of respiratory disorders such as sleep apnea, respiratory infections and major diseases as chronic obstructive pulmonary disease (COPD). Tracheostomy products are used to help the patients who are having breathing issues due to suffering from any of the respiratory disease driving the market growth.
Additionally, increasing geriatric population is also a major factor as people who are aged are more likely to generate respiratory disorders at this point of age in their lives. Hence, increasing aging population is also a major factor for the growth of the global tracheostomy products market. Along with the above-mentioned factors, there are several other factors which are likely to aid the tracheostomy products market expansion, such as increasing advanced development in the products and their quality. More flexible tracheostomy tubes are now available for the convenience of the patient.
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
REPORT FEATURES | DETAILS |
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Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Technique |
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Breakup by End User |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Tracheostomy Products Market Overview
3.1 Global Tracheostomy Products Market Historical Value (2017-2023)
3.2 Global Tracheostomy Products Market Forecast Value (2024-2032)
4 Global Tracheostomy Products Market Landscape
4.1 Global Tracheostomy Products Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Global Tracheostomy Products Product Landscape
4.2.1 Analysis by Type
4.2.2 Analysis by Technology
5 Global Tracheostomy Products Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.3 Porter’s Five Forces Model
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Global Tracheostomy Products Market Segmentation
6.1 Global Tracheostomy Products Market Product Type
6.1.1 Market Overview
6.1.2 Tracheostomy Tubes
6.1.3 Ventilation Accessories
6.1.4 Clean and Care Kits
6.1.5 Others
6.2 Global Tracheostomy Products Market by Technique
6.2.1 Market Overview
6.2.2 Percutaneous Dilatational Tracheostomy
6.2.3 Surgical Tracheostomy
6.3 Global Tracheostomy Products Market by End User
6.3.1 Market Overview
6.3.2 Hospitals
6.3.3 Ambulatory Care Centers
6.3.4 Home Care Settings
6.3.5 Others
6.4 Global Tracheostomy Products Market by Region
6.4.1 Market Overview
6.4.2 North America
6.4.3 Europe
6.4.4 Asia Pacific
6.4.5 Latin America
6.4.6 Middle East and Africa
7 North America Tracheostomy Products Market
7.1 Market Share by Country
7.2 United States of America
7.3 Canada
8 Europe Tracheostomy Products Market
8.1 Market Share by Country
8.2 United Kingdom
8.3 Germany
8.4 France
8.5 Italy
8.6 Others
9 Asia Pacific Tracheostomy Products Market
9.1 Market Share by Country
9.2 China
9.3 Japan
9.4 India
9.5 ASEAN
9.6 Australia
9.7 Others
10 Latin America Tracheostomy Products Market
10.1 Market Share by Country
10.2 Brazil
10.3 Argentina
10.4 Mexico
10.5 Others
11 Middle East and Africa Tracheostomy Products Market
11.1 Market Share by Country
11.2 Saudi Arabia
11.3 United Arab Emirates
11.4 Nigeria
11.5 South Africa
11.6 Others
12 Patent Analysis
12.1 Analysis by Type of Patent
12.2 Analysis by Publication year
12.3 Analysis by Issuing Authority
12.4 Analysis by Patent Age
12.5 Analysis by CPC Analysis
12.6 Analysis by Patent Valuation
12.7 Analysis by Key Players
13 Grants Analysis
13.1 Analysis by year
13.2 Analysis by Amount Awarded
13.3 Analysis by Issuing Authority
13.4 Analysis by Grant Application
13.5 Analysis by Funding Institute
13.6 Analysis by NIH Departments
13.7 Analysis by Recipient Organization
14 Funding Analysis
14.1 Analysis by Funding Instances
14.2 Analysis by Type of Funding
14.3 Analysis by Funding Amount
14.4 Analysis by Leading Players
14.5 Analysis by Leading Investors
14.6 Analysis by Geography
15 Partnership and Collaborations Analysis
15.1 Analysis by Partnership Instances
15.2 Analysis by Type of Partnership
15.3 Analysis by Leading Players
15.4 Analysis by Geography
16 Regulatory Framework
16.1 Regulatory Overview
16.1.1 US FDA
16.1.2 EU EMA
16.1.3 INDIA CDSCO
16.1.4 JAPAN PMDA
16.1.5 Others
17 Supplier Landscape
17.1 Medtronic
17.1.1 Financial Analysis
17.1.2 Product Portfolio
17.1.3 Demographic Reach and Achievements
17.1.4 Mergers and Acquisition
17.1.5 Certifications
17.2 Stening SRL
17.2.1 Financial Analysis
17.2.2 Product Portfolio
17.2.3 Demographic Reach and Achievements
17.2.4 Mergers and Acquisition
17.2.5 Certifications
17.3 Bicakcilar Medical
17.3.1 Financial Analysis
17.3.2 Product Portfolio
17.3.3 Demographic Reach and Achievements
17.3.4 Mergers and Acquisition
17.3.5 Certifications
17.4 TROGE MEDICAL GmbH
17.4.1 Financial Analysis
17.4.2 Product Portfolio
17.4.3 Demographic Reach and Achievements
17.4.4 Mergers and Acquisition
17.4.5 Certifications
17.5 Henan Tuoren Medical Device Co. Ltd.
17.5.1 Financial Analysis
17.5.2 Product Portfolio
17.5.3 Demographic Reach and Achievements
17.5.4 Mergers and Acquisition
17.5.5 Certifications
17.6 Fisher & Paykel Healthcare Limited
17.6.1 Financial Analysis
17.6.2 Product Portfolio
17.6.3 Demographic Reach and Achievements
17.6.4 Mergers and Acquisition
17.6.5 Certifications
17.7 Medis Medical Ltd.
17.7.1 Financial Analysis
17.7.2 Product Portfolio
17.7.3 Demographic Reach and Achievements
17.7.4 Mergers and Acquisition
17.7.5 Certifications
17.8 Pulmodyne, Inc.
17.8.1 Financial Analysis
17.8.2 Product Portfolio
17.8.3 Demographic Reach and Achievements
17.8.4 Mergers and Acquisition
17.8.5 Certifications
17.9 Fuji Systems
17.9.1 Financial Analysis
17.9.2 Product Portfolio
17.9.3 Demographic Reach and Achievements
17.9.4 Mergers and Acquisition
17.9.5 Certifications
17.10 DEAS S.R.L.
17.10.1 Financial Analysis
17.10.2 Product Portfolio
17.10.3 Demographic Reach and Achievements
17.10.4 Mergers and Acquisition
17.10.5 Certifications
17.11 Sterimed Group
17.11.1 Financial Analysis
17.11.2 Product Portfolio
17.11.3 Demographic Reach and Achievements
17.11.4 Mergers and Acquisition
17.11.5 Certifications
17.12 Smiths Medical
17.12.1 Financial Analysis
17.12.2 Product Portfolio
17.12.3 Demographic Reach and Achievements
17.12.4 Mergers and Acquisition
17.12.5 Certifications
18 Global Tracheostomy Products Market - Distribution Model (Additional Insight)
18.1 Overview
18.2 Potential Distributors
18.3 Key Parameters for Distribution Partner Assessment
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
20.1 Very Small Companies
20.2 Small Companies
20.3 Mid-Sized Companies
20.4 Large Companies
20.5 Very Large Companies
21 Payment Methods (Additional Insight)
21.1 Government Funded
21.2 Private Insurance
21.3 Out-of-Pocket
*Additional insights provided are customisable as per client requirements.
The market attained a value of about USD 170.6 billion in 2023 driven by the increasing geriatric population.
The market is anticipated to grow at a CAGR of 4.56% during the forecast period of 2024-2032 and reach a market value of USD 254.8 billion by 2032.
The rising prevalence of respiratory disorders globally is among the major factors driving market growth.
The increasing advancement in the development of the tracheostomy products, such as miniaturizing them, is among the major key trends propelling the market growth.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America is currently leading the global market.
The different types of products in the market are tracheostomy tubes, ventilation accessories, clean and care kits, among others.
The different techniques in the market are percutaneous dilatational tracheostomy, and surgical tracheostomy.
The different end users in the market include hospitals, ambulatory care centres, home care settings, among others.
Key players involved in the market are Medtronic, Stening SRL, Bicakcilar Medical, TROGE MEDICAL GmbH, Henan Tuoren Medical Device Co. Ltd., Fisher & Paykel Healthcare Limited, Medis Medical Ltd., Pulmodyne, Inc., Fuji Systems, DEAS S.R.L., Sterimed Group, and Smiths Medical.
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