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This market research report provides a due diligence assessment of the global intubation accessories industry. Customer satisfaction, safety and productivity contribute greatly to the intubation accessories market. Face masks can be used for different reasons, but one of them is convenience. The companies have implemented a cost cutting system which will continue to drive the boom in this industry in 2019 and so far the numbers show things are looking good. This report provides 360 degree market intelligence and comprehensive analysis of the global intubation accessories market, which is segmented by industry. The report has been divided into six major sections: raw materials, key industry players, technology, development status, geographical regions and major countries covered.
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The global intubation accessories market size is expected to reach USD XX Billion by 2020, registering a CAGR of 8.37% from 2015 to 2020. Intubation accessories include components of devices used during a procedure endotracheal intubation and for ventilation of a patient or a medical device. , such as masks, adapters, control units, suction catheters. The market drivers for the growth of the intubation industry are the increasing demand for minimally invasive surgery and the advancement in endoscopic technology which has led to the decrease in the use of metal tracheal tubes and face masks. Additionally, there is a growing demand from private and public hospitals in developed economies due to the rising costs associated with anesthesia.
To meet the demand, key players are involved in the global industrial manufacturing unit as well as creating new products for hospitals, clinics and home health centers. This market report presents a study of three companies that are tackling the growing markets for ventilated introducers, tracheoscopes and Foley catheters. Published by Transparency Market Research, the report forecasts the global intubation accessories market to reach USD 18.56 billion by 2024 with a CAGR of 2.44% [2017-2024]. The major players operating in the industry are Becton Dickinson (USA), Bard (USA), Ipsen Extubation Systems, Inc. (USA).
Main topics covered in the report
A total of six key topics are covered in this study which includes point of view, growth factors and leading companies. The report provides insight into the nature of the industry and the opportunities it has presented to stakeholders over time. It segments the industry by type of risk involved and provides an overview of its evolution. In order to assess the value for industry stakeholders, experts have derived data on future value. The report studies factors influencing industry progress, future prospects, and other significant segments at all levels where data information is available.
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Achievements and future possibilities
One of the significant advances in the intubation accessories market is mobile sales models. Mobile vending machines can be positioned and easily deliver goods to the patient’s room. This helps maintain hygiene standards and is a more economical way for governments. Also, there are wireless ventilators which are reported to be revolutionary in the premature death of patients due to ventilation systems. This attaches a small wireless device that can send an alarm when the ventilation system is not working properly. As of 2016, current US clinical practice guidelines classify hypoxia as one of the primary indications and signs of clinical hypoxia and place oxygen as first-line therapy.