Canada Endotracheal Tube Market Size & Outlook, 2023-2030
Canada endotracheal tube market, 2018-2030 (US$M)
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Canada endotracheal tube market highlights
- The Canada endotracheal tube market generated a revenue of USD 62.5 million in 2023 and is expected to reach USD 89.8 million by 2030.
- The Canada 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.
- 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 62.5 million |
| Market revenue in 2030 | USD 89.8 million |
| Growth rate | 5.3% (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, Canada accounted for 3.3% 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 North America, U.S. endotracheal tube market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 992.4 million by 2030.
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Endotracheal Tube Market Scope
Endotracheal Tube Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada 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 32.32% in 2023. Horizon Databook has segmented the Canada 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.
The endotracheal tube market in Canada is rapidly developing owing to the high number of surgeries, increase in government funding, and favorable reimbursement policies. For instance, according to Canadian Institute for Health Information (CIHI) in 2021, around 560,000 surgeries were performed in Canada since the start of the pandemic.
Moreover, according to the Canadian Medical Association survey in 2021, the growing availability of surgeons in the country is leading to a significant increase in the number of surgical procedures and easy access for patients.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada endotracheal tube market , including forecasts for subscribers. This country databook contains high-level insights into Canada endotracheal tube market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada endotracheal tube market size, by product, 2018-2030 (US$M)
Canada Endotracheal Tube Market Outlook Share, 2023 & 2030 (US$M)
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