Thailand Endotracheal Tube Market Size & Outlook
Thailand endotracheal tube market, 2018-2030 (US$M)
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Thailand endotracheal tube market highlights
- The Thailand endotracheal tube market generated a revenue of USD 6.5 million in 2023 and is expected to reach USD 10.0 million by 2030.
- The Thailand market is expected to grow at a CAGR of 6.4% 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 6.5 million |
| Market revenue in 2030 | USD 10.0 million |
| Growth rate | 6.4% (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, Thailand accounted for 0.3% 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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Thailand 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 Thailand 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 rise in medical tourism and the growing geriatric population are expected to boost the market growth in Thailand. According to the World Travel & Tourism Council (WTTC), Thailand ranked among the top five destinations globally with regard to high inbound medical tourism spending.
The country is also recognized as the most competitive destination globally in terms of high-quality treatments and affordable healthcare. Thus, a majority of the patients from the U.S., Australia, and Europe seeking medical treatment visit Thailand. Medical treatment in other Asian countries, such as Singapore and Malaysia, cost three times and two times more, respectively, than that in Thailand.
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Horizon Databook provides a detailed overview of country-level data and insights on the Thailand endotracheal tube market , including forecasts for subscribers. This country databook contains high-level insights into Thailand endotracheal tube market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand endotracheal tube market size, by product, 2018-2030 (US$M)
Thailand Endotracheal Tube Market Outlook Share, 2023 & 2030 (US$M)
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