Middle East and Africa Tracheostomy Products Market, By Product Type (Tracheostomy Tubes, Tracheostomy Catheter, Tracheostomy Clean and Care Kits, Tracheostomy Oxygen Mask, Collar, Tracheostomy Dressing, Tracheostomy Ventilation Accessories, Cannula and Others), Technique (Surgical Tracheostomy, Translaryngeal/Fantoni Tracheostomy and Percutaneous Dilatational Tracheostomy), Type (Closed System and Open System), Material (Silicone, Polymer and Others), Age Group (Neonatal, Pediatric, Adult and Geriatric), Usability (Disposable and Reusable), End User (Cosmetic Centers, Hospitals, Dermatology Clinics, Medical Spa And Others), Distribution Channel (Direct Tender, Retail Sales) – Industry Trends and Forecast to 2030.
Middle East and Africa Tracheostomy Products Market Analysis and Size
Occurrence of laryngeal or throat cancer and sedentary living are the major factors that causes growth of the tracheostomy products market. Over the years, it is witnessed that geriatric population is dominating the tracheostomy products market due to higher incidence of tracheostomies across this age group. The increasing healthcare expenditure of countries such as China, U.S., and India, among others are anticipated to offer profitable prospects for market players.
Data Bridge Market Research analyses a growth rate in the tracheostomy products market in the forecast period 2023-2030. The expected CAGR of tracheostomy products market is tend to be around 3.6% in the mentioned forecast period. The market is valued at USD 4.87 million in 2022, and it would grow upto USD 6.46 million by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Middle East and Africa Tracheostomy Products Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Tracheostomy Tubes, Tracheostomy Catheter, Tracheostomy Clean and Care Kits, Tracheostomy Oxygen Mask, Collar, Tracheostomy Dressing, Tracheostomy Ventilation Accessories, Cannula and Others), Technique (Surgical Tracheostomy, Translaryngeal/Fantoni Tracheostomy and Percutaneous Dilatational Tracheostomy), Type (Closed System and Open System), Material (Silicone, Polymer and Others), Age Group (Neonatal, Pediatric, Adult and Geriatric), Usability (Disposable and Reusable), End User (Cosmetic Centers, Hospitals, Dermatology Clinics, Medical Spa And Others), Distribution Channel (Direct Tender, Retail Sales)
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Countries Covered
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Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Middle East and Africa in Middle East and Africa
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Market Players Covered
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Medtronic (Ireland), Stening SRL (Argentina), Cook (U.S.), Bicakcilar Medical (Istanbul), TROGE MEDICAL GmbH (Germany), Henan Tuoren Medical Device Co., Ltd. (China), Fisher & Paykel Healthcare Limited (New Zealand), Medis Medical (UK) Ltd (U.K.), Pulmodyne, Inc. (U.S.), Fuji Systems (Japan), DEAS S.R.L. (Italy), Sterimed Group (India), ConvaTec Group PLC (U.K.), Smiths Medical (U.K.), Andreas Fahl Medizintechnik – Vertrieb GmbH (Germany), Boston Medical Products Inc. (U.S.), TRACOE medical GmbH (Germany), Teleflex Incorporated (U.S.) and Well Lead Medical Co., Ltd (China)
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Market Opportunities
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Market Definition
Tracheostomy is a surgically developed channel through the trachea and across the neck. A tube is placed in the hole that enables the patient to breathe. In severe cases, tracheostomy is permanent, but the hole is obstructed if it is no longer essential. This operation could lead to several complications such as irreversible vocal damage, bleeding, and infections. Tracheostomy is executed for the patients with neck injuries, neck cancer, chronic lung diseases, long-term care of ventilation and vocal cord paralysis among others.
Middle East and Africa Tracheostomy Products Market Dynamics
Drivers
- Increasing Demand of Tracheostomy Tubes
The tracheostomy tubes are in higher demand as these tubes are widely used in tracheostomy procedures for chronic respiratory illness, anaphylactic, coma, esophageal cancer, sleep apnea, laryngectomy, vocal cord paralysis, and diaphragm malfunction, among others. Tracheostomy tubes offer huge advantages, such as accurate precision, minimized threat of emissions and aspiration, removal of intubations and laryngoscopies, and improved ventilation. Thus, this factor increases the growth of the market.
- Rising Incidence Rate of Asthma
The prevalence and incidence rates for asthma in the Eastern Mediterranean Region (EMR) revealed Saudi Arabia to have one of the highest incidence rates for asthma (17.6%) along with Kuwait (25.9%) and Qatar (19.8%). The incidence of asthma in Middle Eastern children aged 13-14 was around 7.57%. It was also seen that the minimum incidence rate of asthma (0.7%) was witnessed in Iran among the other middle-eastern countries. Thus, this rate demands the increasing rate of tracheostomy products. Thus, this factor boosts the market growth.
Opportunities
- Incidence of Obstructive Sleep Apnea (OSA)
Tracheostomy is a type of surgery that is sometimes helpful in treating obstructive sleep apnea (OSA). The high burden of OSA is most likely to increase the demand for tracheostomy tubes. In the Middle East, OSA is widely spread because of the higher incidence of obesity, diabetes and smoking in this region and also due to non-communicable diseases. Thus, this factor increases the market growth.
- Growing Technological Advancements
Technological advancements are increasing the demand for at-home services for critically ill patients. Major market players are primarily focusing on improving their distribution capacities, particularly in developing economies. For instance, TRACOE medical GmbH received pre-marketing FDA approval for its product named TRACOE Silcosoft Tracheostomy Tube in 2018. This pre-marketing approval received by the company has increased its demand and sale in the market, causing increased revenue in future. Also, ConvaTec renewed its Advanced Wound Care Products partnership with Vizient, Inc in 2021. This new partnership includes savings initiatives and wound formulary standardization which are expected to benefit Vizient members both clinically and financially, and increase ConvaTec’s market potential development. Thus, this factor boost the growth of the market.
Restraints/Challenges
- Side-Effects of Treatment Drugs
Various side effects are associated with the drugs used for treating submental fat. Effects include nerve injury in the jaw, trouble swallowing, injection site problems, which include a collection of blood under the skin or bruising, damage to an artery or vein, hair loss, open sores, damage and tissue cell-death around the injection site and infection. Some patients develop weakness in the facial muscles or sometimes smile becomes uneven. Other symptoms include pain, open sores, redness, or drainage at or from the treatment area. These all factors hamper the growth of the market.
This tracheostomy products market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the tracheostomy products market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In 2022, the U.S. FDA alerted patients, caregivers, and healthcare providers that there is a shortage of tracheostomy tubes which includes Bivona tracheostomy tubes manufactured by ICU Medical. Additionally, the FDA stated that the shortage of Bivona tracheostomy tubes is most likely to affect pediatric patients because of a limited supply of substitutes with similar functionality
Middle East and Africa Tracheostomy Products Market Scope
The tracheostomy products market is segmented on the basis of product type, technique, type, material, age group, usability, end user and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Tracheostomy Tubes
- Tracheostomy Catheter
- Tracheostomy Clean & Care Kits
- Tracheostomy Oxygen Mask
- Collar
- Tracheostomy Dressing
- Tracheostomy Ventilation Accessories
- Cannula
- Others
Technique
- Surgical Tracheostomy
- Translaryngeal/Fantoni Tracheostomy
- Percutaneous Dilatational Tracheostomy
Type
- Closed System
- Open System
Material
- Silicone
- Polymer
- Others
Age Group
- Neonatal
- Pediatric
- Adult
- Geriatric
Usability
- Disposable
- Reusable
End User
- Cosmetic Centers
- Hospitals
- Dermatology Clinics
- Medical Spa And Others
Distribution Channel
- Direct Tender
- Retail Sales
Tracheostomy Products Market Regional Analysis/Insights
The tracheostomy products market is analyzed and market size insights and trends are provided by product type, technique, type, material, age group, usability, end user and distribution channel as referenced above.
The major countries covered in the tracheostomy products market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Middle East and Africa in Middle East and Africa.
Saudi Arabia is anticipated to grow with the highest CAGR in the forecast period due to increasing demand of home healthcare sector for the tracheostomy products in the region. Major product launches, acquisitions and partnerships among major market players, a high concentration of market players or manufacturers are boosting the growth of the market. Also, the increasing popularity of home healthcare in the region is booting the growth of the market.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Also, the presence and availability of Middle East and Africa brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Middle East and Africa Tracheostomy Products Market Share Analysis
The tracheostomy products market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Middle East and Africa presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to tracheostomy products market
Key players operating in the tracheostomy products market include:
- Medtronic (Ireland)
- Stening SRL (Argentina)
- Cook (U.S.)
- Bicakcilar Medical (Istanbul)
- TROGE MEDICAL GmbH (Germany)
- Henan Tuoren Medical Device Co., Ltd. (China)
- Fisher & Paykel Healthcare Limited (New Zealand)
- Medis Medical (UK) Ltd (U.K.)
- Pulmodyne, Inc. (U.S.)
- Fuji Systems (Japan)
- DEAS S.R.L. (Italy)
- Sterimed Group (India)
- ConvaTec Group PLC (U.K.)
- Smiths Medical (U.K.)
- Andreas Fahl Medizintechnik – Vertrieb GmbH (Germany)
- Boston Medical Products Inc. (U.S.)
- TRACOE medical GmbH (Germany)
- Teleflex Incorporated (U.S.)
- Well Lead Medical Co., Ltd (China)
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