Australia Endotracheal Tube Market Size & Outlook
Australia endotracheal tube market, 2018-2030 (US$M)
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Australia endotracheal tube market highlights
- The Australia endotracheal tube market generated a revenue of USD 16.3 million in 2023 and is expected to reach USD 25.7 million by 2030.
- The Australia market is expected to grow at a CAGR of 6.7% from 2024 to 2030.
- In terms of segment, regular endotracheal was the largest revenue generating product in 2023.
- Regular Endotracheal is the most lucrative product segment registering the fastest growth during the forecast period.
Endotracheal tube market data book summary
| Market revenue in 2023 | USD 16.3 million |
| Market revenue in 2030 | USD 25.7 million |
| Growth rate | 6.7% (CAGR from 2023 to 2030) |
| Largest segment | Regular endotracheal |
| Fastest growing segment | Regular Endotracheal |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Regular Endotracheal, Reinforced Endotracheal Tube, Preformed Endotracheal Tube, Double-lumen Endotracheal Tube |
| Key market players worldwide | Angiplast, Advin Health Care, Sterimed Group, ICU Medical Inc, Medtronic PLC, Teleflex Inc, ConvaTec Group PLC, Hollister, Medline Industries, BD, Pfm Medical |
Other key industry trends
- In terms of revenue, Australia accounted for 0.9% of the global endotracheal tube market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China endotracheal tube market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 217.3 million by 2030.
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Endotracheal Tube Market Scope
Endotracheal Tube Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia endotracheal tube market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to endotracheal tube market will help companies and investors design strategic landscapes.
Regular endotracheal was the largest segment with a revenue share of 32.52% in 2023. Horizon Databook has segmented the Australia endotracheal tube market based on regular endotracheal, reinforced endotracheal tube, preformed endotracheal tube, double-lumen endotracheal tube covering the revenue growth of each sub-segment from 2018 to 2030.
When compared to other Asian countries, except Japan, Australia's healthcare industry is highly efficient and well-developed. Major factors projected to fuel growth in Australia over the forecast period are increase in hospitalization rate and rise in healthcare expenditure.According to research published by Australian Institute of Health and Welfare in 2021, over 11.1 million individuals were admitted to hospitals in Australia between 2019 and 2020.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia endotracheal tube market , including forecasts for subscribers. This country databook contains high-level insights into Australia endotracheal tube market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia endotracheal tube market size, by product, 2018-2030 (US$M)
Australia Endotracheal Tube Market Outlook Share, 2023 & 2030 (US$M)
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