North America Endotracheal Tube Market Size & Outlook
North America endotracheal tube market, 2018-2030 (US$M)
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North America endotracheal tube market highlights
- The North America endotracheal tube market generated a revenue of USD 722.6 million in 2023.
- The market is expected to grow at a CAGR of 5.9% from 2024 to 2030.
- In terms of segment, regular endotracheal was the largest revenue generating product in 2023.
- Double-lumen Endotracheal Tube is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 722.6 million |
| Market revenue in 2030 | USD 1,082.3 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Regular endotracheal |
| Fastest growing segment | Double-lumen 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, North America region accounted for 37.6% 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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North 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 32.27% in 2023. Horizon Databook has segmented the North 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.
Increase in the number of surgical procedures/hospital visits, presence of well-established healthcare infrastructure, and favorable reimbursement & regulatory policies in healthcare industry are among factors expected to create significant growth opportunities in the market. In addition, high disposable income in developed economies and availability of skilled professionals are some of the factors responsible for the large share of North America endotracheal tube market.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America endotracheal tube market , including forecasts for subscribers. This continent databook contains high-level insights into North America endotracheal tube market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America endotracheal tube market size, by country, 2018-2030 (US$M)
North America Endotracheal Tube Market Outlook Share, 2023 & 2030 (US$M)
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