Tracheotomy is a surgical procedure which consists of making an incision on the anterior aspect of the neck and opening a direct airway through an incision in the trachea (windpipe). The resulting stoma (hole), or tracheostomy, can serve independently as an airway or as a site for a tracheostomy tube to be inserted; this tube allows a person to breathe without the use of their nose or mouth. Both surgical and percutaneous techniques are widely used in current surgical practice.
The global average price of Tracheostomy is in the decreasing trend, from 4.27 USD/Unit in 2011 to 3.77 USD/Unit in 2015. With the situation of global economy, prices will be in decreasing trend in the following five years.
Tracheostomy is widely used in ICU and LTAC. The revenue proportion of ICU and LTAC is about 35% and 65%.
North America region is the largest supplier of Tracheostomy, with a production market share nearly 44% in 2015. Europe is the second largest supplier of Tracheostomy, enjoying production market share nearly 34% in 2015.
North America is the largest consumption place, with a consumption market share nearly 38% in 2015. Following USA, Europe is the second largest consumption place with the consumption market share of 27%. The consumption in Australia is about 1559 K Units.
Market competition is not intense. Medtronic, Teleflex Medical, Smiths Medical, TRACOE Medical, ConvaTec, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the important position in the industry.
According to this study, over the next five years the Tracheostomy market will register a 4.1% CAGR in terms of revenue, the global market size will reach US$ 190 million by 2024, from US$ 150 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Tracheostomy business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Tracheostomy market by product type, application, key manufacturers and key regions and countries.
This study considers the Tracheostomy value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Tracheostomy Tube
Tracheostomy Introducer
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
ICU
LTAC
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Medtronic
Teleflex Medical
Smiths Medical
TRACOE Medical
ConvaTec
Boston Medical
Cook Inc
Fuji Systems
Pulmodyne
Well Lead
TuoRen
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Tracheostomy consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Tracheostomy market by identifying its various subsegments.
Focuses on the key global Tracheostomy manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Tracheostomy with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Tracheostomy submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Tracheostomy . Industry analysis & Market Report on Tracheostomy is a syndicated market report, published as Global Tracheostomy Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Tracheostomy market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.