Brazil Endotracheal Tube Market Size & Outlook, 2023-2030
Brazil endotracheal tube market, 2018-2030 (US$M)
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Brazil endotracheal tube market highlights
- The Brazil endotracheal tube market generated a revenue of USD 41.0 million in 2023 and is expected to reach USD 58.2 million by 2030.
- The Brazil market is expected to grow at a CAGR of 5.1% from 2024 to 2030.
- In terms of segment, regular endotracheal was the largest revenue generating product in 2023.
- Reinforced 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 41.0 million |
| Market revenue in 2030 | USD 58.2 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Regular endotracheal |
| Fastest growing segment | Reinforced 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, Brazil accounted for 2.1% 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 Latin America, Brazil endotracheal tube market is projected to lead the regional market in terms of revenue in 2030.
- Colombia is the fastest growing regional market in Latin America and is projected to reach USD 25.8 million by 2030.
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Endotracheal Tube Market Scope
Endotracheal Tube Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 31.95% in 2023. Horizon Databook has segmented the Brazil 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.
According to figures from World Bank Group, Brazil's overall healthcare spending accounted for 10.0% of its GDP in 2020. As a result, the market is likely to be driven by a rapidly rising economy and an increasing number of businesses interested in exploring market prospects in the country.
Furthermore, Brazil's public health systems, such as the Unified Health System (SUS), provide free healthcare to citizens and treatment alternatives for foreign visitors. Brazil is Latin America's largest medical devices market, with a complex regulatory structure.
As a result, rising prevalence of target diseases and the development of healthcare infrastructure are two significant reasons driving demand for endotracheal tube in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil endotracheal tube market , including forecasts for subscribers. This country databook contains high-level insights into Brazil endotracheal tube market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil endotracheal tube market size, by product, 2018-2030 (US$M)
Brazil Endotracheal Tube Market Outlook Share, 2023 & 2030 (US$M)
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