Middle East & Africa Endotracheal Tube Market Size & Outlook
Middle East & Africa endotracheal tube market, 2018-2030 (US$M)
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MEA endotracheal tube market highlights
- The MEA endotracheal tube market generated a revenue of USD 65.8 million in 2023.
- The market is expected to grow at a CAGR of 3.6% 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, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 65.8 million |
| Market revenue in 2030 | USD 84.1 million |
| Growth rate | 3.6% (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, MEA region accounted for 3.4% 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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Middle East & Africa 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 32.07% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
Government institutions in the Middle East cover about 70% of individual healthcare costs. High-income countries in the region, such as Saudi Arabia, Israel, and Qatar, are focusing on incorporating cuttingedge technology into their healthcare systems.
Saudi Arabia is the region's most populous country. Growth of the market is likely to be fueled by rising healthcare spending and progressive adoption of technologically advanced products in these countries. As a result, governments’ initiatives, along with the development of healthcare infrastructure in the region, can help fuel market growth.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa endotracheal tube market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa endotracheal tube market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA endotracheal tube market size, by country, 2018-2030 (US$M)
Middle East & Africa Endotracheal Tube Market Outlook Share, 2023 & 2030 (US$M)
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