Singapore Endotracheal Tube Market Size & Outlook
Singapore endotracheal tube market, 2018-2030 (US$M)
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Singapore endotracheal tube market highlights
- The Singapore endotracheal tube market generated a revenue of USD 7.4 million in 2023 and is expected to reach USD 10.3 million by 2030.
- The Singapore market is expected to grow at a CAGR of 4.8% 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 7.4 million |
| Market revenue in 2030 | USD 10.3 million |
| Growth rate | 4.8% (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, Singapore accounted for 0.4% 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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Singapore 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 32.43% in 2023. Horizon Databook has segmented the Singapore 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.
Increasing prevalence of chronic diseases is one of the key factors responsible for market growth in the country. According to the Ministry of Health in October 2022, by 2030, one in every four Singapore Citizens will be 65 or older.
Because chronic illnesses are more prevalent in older persons, this effect of ageing will result in an increase in disease burden. This is projected to increase the demand for endotracheal tubes in this country, and hence, the market is expected to show lucrative growth over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Singapore endotracheal tube market , including forecasts for subscribers. This country databook contains high-level insights into Singapore endotracheal tube market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Singapore endotracheal tube market size, by product, 2018-2030 (US$M)
Singapore Endotracheal Tube Market Outlook Share, 2023 & 2030 (US$M)
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