Blueweave
Global Tracheostomy Products Market

Global Tracheostomy Products Market, By Type (Tracheostomy Tubes, Tracheostomy Ventilation Accessories, Tracheostomy Cleaning Kits, Other Accessories), By Technique (Percutaneous Dilatational Tracheostomy, Surgical Tracheostomy), By End User (Hospitals & Surgical Centers, Ambulatory Care Centers, Home Care Settings, Research Laboratories & Academic Institutes), By Region (North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle-East & Africa (MEA) Trend Analysis, Competitive Market Share & Forecast, 2017-2027

  • Published Date: August 2021
  • Report ID: BWC2127
  • Available Format: PDF
  • Page: 200

Report Overview

The global tracheostomy products market is growing substantially due to factors such as the increasing number of patients with respiratory diseases such as asthma, COPD, lung cancer, chronic bronchitis, etc., along with technical advancements in the tracheostomy procedure.

Global Tracheostomy Products Market- Industry Trends & Forecast Report 2027

The global tracheostomy products market was worth USD 188.2 million in 2020 and is further projected to reach USD 254.5 million by the year 2027, growing at the CAGR of 4.5% during the forecast period. With the rising patient pool suffering from various types of respiratory diseases, such as asthma, COPD, lung cancer, chronic bronchitis, etc., the demand for tracheostomy is also flourishing. According to the WHO, asthma alone affects 235 million people worldwide. Furthermore, the demand for home-care healthcare services is also propelling the demand for tracheostomy products.

Tracheostomy Products Market

Source: BlueWeave Consulting

Global Tracheostomy Products Market- Overview

Tracheostomy is a surgical procedure that involves making an incision on the anterior aspect of the neck and opening a direct airway through that incision. The incision is made to insert a tube directly into the windpipe or trachea. The tube can be then connected to the oxygen supply or breathing machine. Whenever a person is facing a blockage in their trachea, this allows them to breathe normally. The supplies used in tracheostomy include humidifiers, tubes, obturator, and tracheal masts.

Global Tracheostomy Products Market Forecast and Trends

Growth Drivers

Growing Prevalence of Chronic Respiratory and Various Infectious Diseases

In view of the growth of chronic respiratory diseases in both young adults and the aging population, the demand for tracheostomy products is expected to boom in the coming years. According to the WHO, there are 334 million people worldwide suffering from asthma, of which 14% are children.Additionally, COPD is also the third most common cause of death worldwide, affecting around 65 million people and killing 3 million people annually. Because of this, people are getting themselves diagnosed and receiving the required treatment. As a result, the market for tracheostomy products is also gaining traction.

Advancements in The Tracheostomy Procedure

One of the major factors driving the global tracheostomy procedure market is the extensive research surrounding the advancements in tracheostomy procedures and tracheostomy products. In order to provide the best level of specialized care for the diverse patient population who need tracheostomy, researchers are tasked with improving the monitoring and prevention of risk. For instance,researchers are experimenting with substituting the open tracheostomy procedure with percutaneous dilatational tracheostomy (PDT).Patients suffering from critical illness have seen improved results from PDT. Such advancements are anticipated to fuel the demand for tracheostomy products in the forecast period.

Restraints

High Cost of Tracheostomy Procedure and The Complications Involved withit

The high cost of the tracheostomy procedure acts as a major hindrance to the growth of the global tracheostomy products market. The procedure can cost around USD 10,000 to USD 150,000 or more to the person without health insurance. This cost varies on the condition of the patient and how severe their disease is. Due to this, the demand for tracheostomy procedures is very limited especially in developing countries with no structured healthcare reimbursement policies.

Impact of COVID-19 on Global Tracheostomy Products Market

As a result of the high number of COVID-19 patients that have emerged following the outbreak, the healthcare facilities have been experiencing an unprecedented burden. Therefore, all elective procedures, including a tracheostomy, were delayed in order to ensure the adequate availability of hospital resources such as ventilators, gloves, and masks. Tracheostomy is an open surgery which means the risk of spread of the SARS-CoV-2 increases because it is an aerosol-generating procedure.These factors led to a decline in tracheostomy products, adversely affecting the global market.

Global Tracheostomy Products Market - By Type

Based on types, the global tracheostomy products market is segmented into tracheostomy tubes, tracheostomy ventilation accessories, tracheostomy cleaning kits, and other accessories. Among these, the tracheostomy tubes segment accounted for the largest market share. It is one of the major components in the tracheostomy procedure since it is directly inserted into the windpipe to help the patient breathe.People who are ventilated or who suffer from conditions that block their windpipe typically need tracheostomy tubes.

Global Tracheostomy Products Market - By Technique

Based on techniques, the global tracheostomy products market is categorized into percutaneous dilatational tracheostomy and surgical tracheostomy. The percutaneous dilatational tracheostomy segment held the largest market share in 2020. This segment can further be classified into ciaglia blue rhino tracheostomy, Ciaglia tracheostomy, Schachner/Rapitrac tracheostomy, Griggs tracheostomy, Fantonitranslaryngeal tracheostomy, and percutwist tracheostomy. As compared to other techniques, Ciaglia Blue Rhino Tracheostomy boasts the largest market share due to the ease of use and lower risk of tracheal wall damage.

Global Tracheostomy Products Market - Regional Insights

Geographically, the global tracheostomy products market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. Among all the regions, North America dominates the global tracheostomy products market. The high concentration of several major industry players makes tracheostomy products more accessible due to which the tracheostomy productsmarket is flourishing in this region. According to American Lung Association, an estimated 37 million Americans suffer from chronic lung diseases. The increasing prevalence of respiratory diseases, along with the developed healthcare infrastructure is also driving the market growth of tracheostomy products in North America.

Regional Insights

Source: BlueWeave Consulting

Competitive Landscape

The leading players in the global tracheostomy products market are Medtronic PLC, Xinxiang Huaxi Sanitary Materials Co., Ltd., Pulmodyne, Stening SRL, Smiths Group PLC, Bicakcilar AS, Troge Medical GmbH, Xinxiang Tuoren Medical Devices Co., Ltd., Teleflex Incorporated, Tuoren Medical, Fisher & Paykel Healthcare Ltd, Andreas FahlMedizintechnik-Vertrieb GmbH, Cook Group, and other prominent players.

The industry players focus on offering a wide range of products and have strong distribution networks. Moreover, the companies adopt growth strategies like mergers, acquisitions, partnerships, collaborations, etc., to strengthen their position. Furthermore,to stay competitive, they invest significantly in research & development activities for product development launches and to enhance their products with advancements and innovations.

Recent Developments

  • In July 2021, Health Enterprise East, a UK-based technology advisory and innovation management company, announced to have received an exclusive license for the marketing of Handytrac, a cost-effective device for the percutaneous dilational tracheostomies (PDTs).
  • In March 2021, AmericanMedical Technologies, a wound care company that supplies ostomy supplies, urology supplies, and tracheostomy supplies, and RestorixHealth, a wound care management company, announced a merger that for developing a leading wound care platform.

 

Scope of the Report

Attributes Details
Years Considered Historical data – 2017-2020
Base Year – 2020
Forecast – 2021 – 2027
Facts Covered Revenue in USD Million
Market Coverage U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia
Product Service/Segmentation By Type, By Technique, By End User, By Region
Key Players Medtronic PLC, Xinxiang Huaxi Sanitary Materials Co., Ltd., Pulmodyne, Stening SRL, Smiths Group PLC, Bicakcilar AS, Troge Medical GmbH, Xinxiang Tuoren Medical Devices Co., Ltd., Teleflex Incorporated, Tuoren Medical, Fisher & Paykel Healthcare Ltd, Andreas FahlMedizintechnik-Vertrieb GmbH, Boston Medical Products Inc., ConvaTec Group PLC, Fuji Systems Corporation, Well Lead Medical Co., Ltd., TRACOE medical GmbH, Medis Medical (Tianjin) Co. Ltd., Cook Group, and other prominent players.

 

By Type

  • Tracheostomy Tubes
  1. Double-Lumen Tubes
  2. Cuffed Tubes
  3. Uncuffed Tubes
  4. Single-Lumen Tubes
  5. Fenestrated Tubes
  6. Adjustable-Flange Tubes
  • Tracheostomy Ventilation Accessories
  • Tracheostomy Cleaning Kits
  • Other Accessories

By Technique

  • Percutaneous Dilatational Tracheostomy
  1. Ciaglia Blue Rhino Tracheostomy
  2. Ciaglia Tracheostomy
  3. Schachner/Rapitrac Tracheostomy
  4. Griggs Tracheostomy
  5. FantoniTranslaryngeal Tracheostomy
  6. Percutwist Tracheostomy
  • Surgical Tracheostomy

By End-User

  • Hospitals & Surgical Centers
  • Ambulatory Care Centers
  • Home Care Settings
  • Research Laboratories & Academic Institutes

By Region

  • North America
  • Europe
  • Asia-Pacific (APAC)
  • Latin America (LATAM)
  • Middle-East & Africa (MEA)
  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Research Methodology
    1. Qualitative Research
    2. Methodology
    3. Regional Split of Primary & Secondary Research
    4. Secondary Research
    5. Primary Research
      1. Breakdown of Primary Research Respondents, By Region
      2. Breakdown of Primary Research Respondents, By Industry Participants
    6. Market Size Estimation
    7. Assumptions for the Study
    8. Market Breakdown & Data Triangulation
  3. Executive Summary
  4. Industry Insightsand Growth Strategy
    1. Value Chain Analysis
    2. DROC Analysis
      1. Market Drivers
        1. Growing Prevalence of Chronic Respiratory And Various Infectious Diseases
        2. Advancements in The Tracheostomy Procedure
      2. Market Restraints
        1. High Cost of Tracheostomy Procedure
      3. Market Challenges
        1. Post-Surgical Complications Involved withthe Procedure
      4. Market Opportunity
        1. Growing Preference of Home-Care Patient Care
        2. Favorable Reimbursement Policies
    3. Recent Developments
    4. Porter’s Five Forces Analysis
      1. Bargaining Power of Buyers
      2. Bargaining Power of Suppliers
      3. Intensity of Rivalry
      4. Threat of New Entrants
      5. Threat of Substitutes
  5. Global Tracheostomy Products Market Overview
    1. Market Estimates & Forecast by Value, 2020-2027
    2. Market Share & Forecast
      1. By Type
        1. Tracheostomy Tubes
          1. Double-Lumen Tubes
          2. Cuffed Tubes
          3. Uncuffed Tubes
          4. Single-Lumen Tubes
          5. Fenestrated Tubes
          6. Adjustable-Flange Tubes
        2. Tracheostomy Ventilation Accessories
        3. Tracheostomy Cleaning Kits
        4. Other Accessories
      2. By Technique
        1. Percutaneous Dilatational Tracheostomy
          1. Ciaglia Blue Rhino Tracheostomy
          2. CiagliaTracheostomy
          3. Schachner/Rapitrac Tracheostomy
          4. Griggs Tracheostomy
          5. FantoniTranslaryngeal Tracheostomy
          6. Percutwist Tracheostomy
        2. Surgical Tracheostomy
      3. By End User
        1. Hospitals & Surgical Centers
        2. Ambulatory Care Centers
        3. Home Care Settings
        4. Research Laboratories & Academic Institutes
      4. By Region
        1. North America
        2. Europe
        3. Asia-Pacific (APAC)
        4. Latin America (LATAM)
        5. Middle-East & Africa (MEA)
  6. North America Tracheostomy Products Market Overview
    1. Market Size and Forecast
      1. By Value (USD Million), 2020-2027
    2. Market Share and Forecast
      1. By Type
      2. By Technique
      3. By End User
      4. By Country
        1. U.S.
        2. Canada
  7. Europe Tracheostomy Products Market Overview
    1. Market Size and Forecast
      1. By Value (USD Million), 2020-2027
    2. Market Share and Forecast
      1. By Type
      2. By Technique
      3. By End User
      4. By Country
        1. Germany
        2. U.K.
        3. France
        4. Italy
        5. Spain
        6. Russia
        7. Netherlands
        8. Rest of Europe
  8. APAC Tracheostomy Products Market Overview
    1. Market Size and Forecast
      1. By Value (USD Million), 2020-2027
    2. Market Share and Forecast
      1. By Type
      2. By Technique
      3. By End User
      4. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Rest of APAC
  9. LATAM Tracheostomy Products Market Overview
    1. Market Size and Forecast
      1. By Value (USD Million), 2020-2027
    2. Market Share and Forecast
      1. By Type
      2. By Technique
      3. By End User
      4. By Country
        1. Mexico
        2. Brazil
        3. Rest of LATAM
  10. MEA Tracheostomy Products Market Overview
    1. Market Size and Forecast
      1. By Value (USD Million), 2020-2027
    2. Market Share and Forecast
      1. By Type
      2. By Technique
      3. By End User
      4. By Country
        1. Saudi Arabia
        2. UAE
        3. South Africa
        4. Rest of Europe
  11. Competitive Landscape

List of Key Players and Their Offerings

Market Share Analysis (2020)

Competitive Benchmarking By Operating Parameters

  1. Impact of COVID-19 on Global Tracheostomy Products Market

13. Company Profiles (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook)

    1. Medtronic PLC
    2. Xinxiang Huaxi Sanitary Materials Co., Ltd.
    3. Pulmodyne
    4. Stening SRL
    5. Smiths Group PLC
    6. Biakcilar AS
    7. Troge Medical GmbH
    8. Xinxiang Tuoren Medical Devices Co., Ltd.
    9. Teleflex Incorporated
    10. Tuoren Medical
    11. Fisher & Paykel Healthcare Ltd
    12. Andreas FahlMedizintechnik-Vertrieb GmbH
    13. Boston Medical Products Inc.
    14. ConvaTec Group PLC
    15. Fuji Systems Corporation
    16. Well Lead Medical Co., Ltd.
    17. TRACOE medical GmbH
    18. Medis Medical (Tianjin) Co. Ltd.
    19. Cook Group
    20. Other Prominent Players
  1. Key Strategic Recommendations

 

 

List of Figures

 

Figure 1: Global Tracheostomy Products Segmentation

 

Figure 2: Global Tracheostomy Products Market Value Chain Analysis,

 

Figure 3: Company Market Share Analysis, 2020

 

Figure 4: Global Tracheostomy Products Market Size, By Value (USD Million), 2020-2027

 

Figure 5: Global Tracheostomy Products Market Share (%), By Type, By Value, 2020-2027

 

Figure 6: Global Tracheostomy Products Market Share (%), By Technique, By Value, 2020-2027

 

Figure 7: Global Tracheostomy Products Market Share (%), By End-User, By Value, 2020-2027

 

Figure 8: Global Tracheostomy Products Market Share (%), By Region, By Value, 2020-2027

 

Figure 9: North America Tracheostomy Products Market Size, By Value (USD Million), 2020-2027

 

Figure 10: North America Tracheostomy Products Market Share (%), By Type, By Value, 2020-2027

 

Figure 11: North America Tracheostomy Products Market Share (%), By Technique, By Value, 2020-2027

 

Figure 12: North America Tracheostomy Products Market Share (%), By End-User, By Value, 2020-2027

 

Figure 13: North America Tracheostomy Products Market Share (%), By Country, By Value, 2020-2027

 

Figure 14: Europe Tracheostomy Products Market Size, By Value (USD Million), 2020-2027

 

Figure 15: Europe Tracheostomy Products Market Share (%), By Type, By Value, 2020-2027

 

Figure 16: Europe Tracheostomy Products Market Share (%), By Technique, By Value, 2020-2027

 

Figure 17: Europe Tracheostomy Products Market Share (%), By End-User, By Value, 2020-2027

 

Figure 18: Europe Tracheostomy Products Market Share (%), By Country, By Value, 2020-2027

 

Figure 19: the Asia-Pacific Tracheostomy Products Market Size, By Value (USD Million), 2020-2027

 

Figure 20: the Asia-Pacific Tracheostomy Products Market Share (%), By Type, By Value, 2020-2027

 

Figure 21: the Asia-Pacific Tracheostomy Products Market Share (%), By Technique, By Value, 2020-2027

 

Figure 22: the Asia-Pacific Tracheostomy Products Market Share (%), By End-User, By Value, 2020-2027

 

Figure 23: the Asia-Pacific Tracheostomy Products Market Share (%), By Country, By Value, 2020-2027

 

Figure 24: Latin America Tracheostomy Products Market Size, By Value (USD Million), 2020-2027

 

Figure 25: Latin America Tracheostomy Products Market Share (%), By Type, By Value, 2020-2027

 

Figure 26: Latin America Tracheostomy Products Market Share (%), By Technique, By Value, 2020-2027

 

Figure 27: Latin America Tracheostomy Products Market Share (%), By End-User, By Value, 2020-2027

 

Figure 28: Latin America Tracheostomy Products Market Share (%), By Country, By Value, 2020-2027

 

Figure 29: Middle East & Africa Tracheostomy Products Market Size, By Value (USD Million), 2020-2027

 

Figure 30: Middle East & Africa Tracheostomy Products Market Share (%), By Type, By Value, 2020-2027

 

Figure 31: Middle East & Africa Tracheostomy Products Market Share (%), By Technique, By Value, 2020-2027

 

Figure 32: Middle East & Africa Tracheostomy Products Market Share (%), By End-User, By Value, 2020-2027

 

Figure 33: Middle East & Africa Tracheostomy Products Market Share (%), By Region, By Value, 2020-2027

 

 

 

List of Tables

 

Table 1: Global Tracheostomy Products Market Size, By Type, By Value, 2020-2027

 

Table 2: Global Tracheostomy Products Market Size, By Technique, By Value(USD Million), 2020-2027

 

Table 3: Global Tracheostomy Products Market Size, By End-User, By Value(USD Million), 2020-2027

 

Table 4: Global Tracheostomy Products Market Size, By Region, By Value(USD Million), 2020-2027

 

Table 5: North America Tracheostomy Products Market Size, By Type, By Value (USD Million), 2020-2027

 

Table 6: North America Tracheostomy Products Market Size, By Technique, By Value (USD Million), 2020-2027

 

Table 7: North America Tracheostomy Products Market Size, By End-User, By Value (USD Million), 2020-2027

 

Table 8: North America Tracheostomy Products Market Size, By Country, By Value (USD Million), 2020-2027

 

Table 9: Europe Tracheostomy Products Market Size, By Type, By Value (USD Million), 2020-2027

 

Table 10: Europe Tracheostomy Products Market Size, By Technique, By Value (USD Million), 2020-2027

 

Table 11: Europe Tracheostomy Products Market Size, By End-User, By Value (USD Million), 2020-2027

 

Table 12: Europe Tracheostomy Products Market Size, By Country, By Value (USD Million), 2020-2027

 

Table 13: the Asia-Pacific Tracheostomy Products Market Size, By Type, By Value (USD Million), 2020-2027

 

Table 14: the Asia-Pacific Tracheostomy Products Market Size, By Technique, By Value (USD Million), 2020-2027

 

Table 15: the Asia-Pacific Tracheostomy Products Market Size, By End-User, By Value (USD Million), 2020-2027

 

Table 16: the Asia-Pacific Tracheostomy Products Market Size, By Country, By Value (USD Million), 2020-2027

 

Table 17: Latin America Tracheostomy Products Market Size, By Type, By Value (USD Million), 2020-2027

 

Table 18: Latin America Tracheostomy Products Market Size, By Technique, By Value (USD Million), 2020-2027

 

Table 19: Latin America Tracheostomy Products Market Size, By End-User, By Value (USD Million), 2020-2027

 

Table 20: Latin America Tracheostomy Products Market Size, By Country, By Value (USD Million), 2020-2027

 

Table 21: The Middle-East & Africa Tracheostomy Products Market Size, By Type, By Value (USD Million), 2020-2027

 

Table 22: The Middle-East & Africa Tracheostomy Products Market Size, By Technique, By Value (USD Million), 2020-2027

 

Table 23: The Middle-East & Africa Tracheostomy Products Market Size, By End-User, By Value (USD Million), 2020-2027

 

Table 24: The Middle-East & Africa Tracheostomy Products Market Size, By Country, By Value (USD Million), 2020-2027

 

Table 25: Medtronic PLC Financial Analysis

Table 26: Medtronic PLC Business Overview

Table 27: Xinxiang HuaxiSanitary Materials Co., Ltd.Financial Analysis

Table 28: Xinxiang Huaxi Sanitary Materials Co., Ltd.Business Overview

Table 29: Pulmodyne Financial Analysis

Table 30: Pulmodyne Business Overview

Table 31: Stening SRLFinancial Analysis

Table 32: SteningSRLBusiness Overview

Table 33: Smiths Group PLCFinancial Analysis

Table 34: Smiths Group PLCBusiness Overview

Table 35: Bicakcilar AS Financial Analysis

Table 36: Bicakcilar AS Business Overview

Table 37: Troge Medical GmbH Financial Analysis

Table 38: Troge Medical GmbH Business Overview

Table 39: Xinxiang Tuoren Medical Devices Co., Ltd. Financial Analysis

Table 40:Xinxiang Tuoren Medical Devices Co., Ltd. Corporation Business Overview

Table 41: Teleflex IncorporatedFinancial Analysis

Table 42: Teleflex IncorporatedBusiness Overview

Table 43: Tuoren MedicalFinancial Analysis

Table 44: Tuoren Medical Business Overview

Table 45: Fisher & Paykel Healthcare LtdFinancial Analysis

Table 46: Fisher &Paykel Healthcare Ltd Financial Analysis

Table 47: Andreas FahlMedizintechnik-Vertrieb GmbH Financial Analysis

Table 48: Andreas FahlMedizintechnik-Vertrieb GmbH Business Overview

Table 49:Boston Medical Products Inc.Financial Analysis

Table 50:Boston Medical Products Inc.Business Overview

Table 51:ConvaTec Group PLCFinancial Analysis

Table 52:ConvaTec Group PLCBusiness Overview

Table 53:Fuji Systems CorporationFinancial Analysis

Table 54:Fuji Systems CorporationBusiness Overview

Table 55:Well Lead Medical Co., Ltd.Financial Analysis

Table 56:Well Lead Medical Co., Ltd.Business Overview

Table 57:TRACOE medical GmbHFinancial Analysis

Table 58:TRACOE medical GmbHBusiness Overview

Table 59:Medis Medical (Tianjin) Co. Ltd.Financial Analysis

Table 60:Medis Medical (Tianjin) Co. Ltd.Business Overview

Table 61:Cook GroupFinancial Analysis

Table 62:Cook GroupBusiness Overview

Market Segmentation

By Type

  • Tracheostomy Tubes

Double-Lumen Tubes

Cuffed Tubes

Uncuffed Tubes

Single-Lumen Tubes

Fenestrated Tubes

Adjustable-Flange Tubes

  • Tracheostomy Ventilation Accessories
  • Tracheostomy Cleaning Kits
  • Other Accessories

By Technique

  • Percutaneous Dilatational Tracheostomy

Ciaglia Blue Rhino Tracheostomy

Ciaglia Tracheostomy

Schachner/Rapitrac Tracheostomy

Griggs Tracheostomy

FantoniTranslaryngeal Tracheostomy

Percutwist Tracheostomy

  • Surgical Tracheostomy

By End-User

  • Hospitals & Surgical Centers
  • Ambulatory Care Centers
  • Home Care Settings
  • Research Laboratories & Academic Institutes

By Region

  • North America
  • Europe
  • Asia-Pacific (APAC)
  • Latin America (LATAM)
  • Middle-East & Africa (MEA)
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