Belgium Endotracheal Tube Market Size & Outlook, 2023-2030
Belgium endotracheal tube market, 2018-2030 (US$M)
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Belgium endotracheal tube market highlights
- The Belgium endotracheal tube market generated a revenue of USD 11.5 million in 2023 and is expected to reach USD 16.5 million by 2030.
- The Belgium market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, regular endotracheal was the largest revenue generating product in 2023.
- Double-lumen Endotracheal Tube 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 11.5 million |
| Market revenue in 2030 | USD 16.5 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Regular endotracheal |
| Fastest growing segment | Double-lumen Endotracheal Tube |
| 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, Belgium accounted for 0.6% 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 Europe, UK endotracheal tube market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 124.8 million by 2030.
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Endotracheal Tube Market Scope
Endotracheal Tube Market Companies
| Name | Profile | # Employees | HQ | Website |
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Belgium 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 32.17% in 2023. Horizon Databook has segmented the Belgium 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.
Endotracheal tubes are broadly used during surgeries and for the treatment of various chronic diseases. However, the widespread use of endotracheal tubes is still a relatively new phenomenon in this country. The growing prevalence of chronic disease is a major driver responsible for market growth. The Belgium healthcare system is one of the best in the European region.
This healthcare system is divided into private and state sectors. Only the state healthcare system is funded by health insurance, which provides services such as dental care, doctors, and hospital care. Due to increasing cases of respiratory disease, the demand for endotracheal tubes is growing in this country. Hence the market is expected to show lucrative growth over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Belgium endotracheal tube market , including forecasts for subscribers. This country databook contains high-level insights into Belgium endotracheal tube market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Belgium endotracheal tube market size, by product, 2018-2030 (US$M)
Belgium Endotracheal Tube Market Outlook Share, 2023 & 2030 (US$M)
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