Tracheostomy Products Market: Insights and Trends for the Future

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 Tracheostomy Products market drivers and restraints Market intelligence report further offers hard to find data derived from attractiveness analysis that narrates a lot about the products, regions and applications expected to generate more revenue. The research study sheds light on the key growth opportunities and market trends along with other vital market dynamics, including the drivers and restraints on the industry growth. With this report, the prospective buyers can be sure to become capable of adapting to the changes in the Tracheostomy Products market drivers and restraints industry. Have a look on Free Demo Version@ https://www.emergenresearch.com/request-sample/1787

Report Scope:

Forecast Period : 2023-2032

CAGR: 4.2%

Base Year: 2022

Number of Pages: 250

The research report offers in-depth insights into company profiles along with their production values, production capacity, product portfolio, strategic plans such as mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, government and corporate deals, among others. The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry.

Leading Players Profiled in the Report:

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.

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.

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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

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