Key vendors are offering a wide variety of anesthetic ETT products to increase their sales
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the global anesthesia endotracheal tubes market in their latest research report. This report also lists 6 other prominent vendors who are expected to contribute to this market’s growth between 2016-2020.
To identify the top vendors, Technavio’s market research analysts have taken into account the revenue generated by the sales of anesthesia ETTs to different end-users.
- Hospitals and clinics: They procure medical products and consumables in bulk for the diagnosis and monitoring of most of the surgical events in the place.
- ASCs: A wide range of medical services and conduct surgical and non-surgical procedures in an outpatient setting.
This Technavio report, under orthopedics and general medical devices vertical, is based on the synthesis, analysis, and interpretation of information about the global anesthesia endotracheal tubes market collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
Competitive vendor landscape
The competition in the market is moderate due to the presence of various small, medium, and large companies. Product differentiation and efficiency are the two primary factors driving the market. There is an availability of alternative disposable devices and presence of various international and regional players offering a wide variety of products. The companies are focusing on product innovations and product line expansion to increase their profitability and market share. The manufacturers are offering products with high-quality standards at attractive prices to increase the customer base and sustain the competition in the market. The vendors are forming strategic partnerships to enhance their product portfolio and increase their market share across the world. The players are offering cuffed and uncuffed ETTs to increase their revenues and maintain their position in the market.
“The vendors are launching silver-coated ETT for the prevention of VAP to attract more consumers and sustain the competition in the market. VAP is a hospital-spread infection for patients who are intubated and mechanically ventilated. These devices have coated tubes that release silver cations slowly and possess a strong antimicrobial effect which is an effective intervention in preventing VAP in people who require mechanical ventilation for 24 hours or longer. These devices also help reduce the risk of microaspiration and respiratory infections,” says Srinivas Sashidhar K, a lead analyst at Technavio for research on orthopedics and general medical devices.
Top five vendors in the anesthesia endotracheal tubes market space
C. R. Bard
The company designs, manufactures, packages, distributes, and sells medical, surgical, diagnostic, and patient care devices. It has a wide network of distributors across the world, and some of the end-users include private laboratories, clinics, physician offices, hospitals, and critical care centers. Recently, the company acquired Liberator Medical Holdings, a distributor of medical products to expand its distribution network.
Key products: AGENTO IC ETT.
ConvaTec is a medical products and technologies company that manufactures and distributes single-use medical devices. The company’s products have been marketed for many years and have a prominent brand recognition. In recent times, the company excluded few medical devices with a narrow profit margin, including airway management devices such as ETT products.
Key products: UnoFlex reinforced ETT.
The company designs, develops, manufactures, and distributes anesthesia devices. The company aims to penetrate the market outside the US and invest in research and development activities for providing quality ETT products. Recently, the company and Humber River Hospital launched Managed Equipment Service solution in North America, and it also launched GE Health Cloud and apps to connect medical imaging with analytics and insights.
Key products: RediTube and tracheal tubes.
The company manufactures and markets a wide range of medical devices, therapies, and services for the treatment of conditions like heart disease, spinal conditions, neurological disorders, vascular disease, orthopedic disorders, and diabetes. In recent times, the company acquired Airway Medical, a manufacturer of video laryngoscopes, for $110 million.
Key products: Mallinckrodt cuffed basic ETT, Mallinckrodt evac ETT with TaperGuard cuff, Mallinckrodt laser oral ETT, Mallinckrodt oral/nasal ETT, reinforced, Mallinckrodt oral/nasal RAE ETT with TaperGuard cuff, and Mallinckrodt TaperGuard oral/nasal ETT.
Teleflex markets its products like anesthesia and respiratory devices to North America and across the globe. The company is focusing on creating a portfolio of partnerships, which includes financial investments with opportunities for hands-on engagement and strategic exploration.
Key products: Rusch ETT and Sheridan ETT.
Other prominent vendors in this market include KindWell Medical, ROYAX, Fuji Systems, SEWOONMEDICAL, Neurovision Medical, and Intersurgical.
A more detailed analysis is available in the Technavio report, Global Anesthesia Endotracheal Tubes Market 2016-2020. Technavio also customizes reports by other regions and specific segments upon request.
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