India Endotracheal Tube Market Size & Outlook, 2023-2030
India endotracheal tube market, 2018-2030 (US$M)
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India endotracheal tube market highlights
- The India endotracheal tube market generated a revenue of USD 107.1 million in 2023 and is expected to reach USD 181.9 million by 2030.
- The India market is expected to grow at a CAGR of 7.9% 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 107.1 million |
| Market revenue in 2030 | USD 181.9 million |
| Growth rate | 7.9% (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, India accounted for 5.6% 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 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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India 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 32.31% in 2023. Horizon Databook has segmented the India 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.
To enhance healthcare results, the Indian government implemented favorable policies such as the National Health Policy (NHP). In addition, to assist the Make in India effort and reduce reliance on imports, the government prepared the National Medical Device Policy.
Furthermore, India's market will continue to grow with the increasing number of surgeries. Factors such as an aging population, increase in healthcare awareness, rising per capita income, and a shift in attitude toward preventative healthcare are expected to boost product demand and drive the market in the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the India endotracheal tube market , including forecasts for subscribers. This country databook contains high-level insights into India endotracheal tube market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India endotracheal tube market size, by product, 2018-2030 (US$M)
India Endotracheal Tube Market Outlook Share, 2023 & 2030 (US$M)
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