Latin America Endotracheal Tube Market Size & Outlook
Latin America endotracheal tube market, 2018-2030 (US$M)
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Latin America endotracheal tube market highlights
- The Latin America endotracheal tube market generated a revenue of USD 123.9 million in 2023.
- The market is expected to grow at a CAGR of 4.7% 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.
- Country-wise, Colombia is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 123.9 million |
| Market revenue in 2030 | USD 171.0 million |
| Growth rate | 4.7% (CAGR from 2023 to 2030) |
| Largest segment | Regular endotracheal |
| Fastest growing segment | Reinforced Endotracheal Tube |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Latin America region accounted for 6.5% of the global endotracheal tube market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 796.5 million by 2030.
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Endotracheal Tube Market Scope
Endotracheal Tube Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America 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 31.96% in 2023. Horizon Databook has segmented the Latin America 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 the region is primarily driven by rapidly emerging economies such as Brazil and Mexico. The demand for endotracheal tube is being driven by rising prevalence of chronic disorders and a rapidly aging population.
Furthermore, several governments in the region are working to improve healthcare infrastructure. As a result, the endotracheal tube market in the region is expected to grow in response to the increase in the number of patients seeking safer healthcare solutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America endotracheal tube market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America endotracheal tube market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America endotracheal tube market size, by country, 2018-2030 (US$M)
Latin America Endotracheal Tube Market Outlook Share, 2023 & 2030 (US$M)
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