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Veterinary Endotracheal Tubes Market Size
Veterinary Endotracheal Tubes Market size reached a valuation of USD 8.8 million in 2023, with a projected CAGR of 7.2% from 2024 and 2032. The market's growth is primarily driven by a surge in pet ownership, leading to increased spending on pet healthcare. This, coupled with a rising prevalence of respiratory diseases, is driving the demand for veterinary endotracheal tubes.
For example, a report from the American Veterinary Medical Association highlighted that over 200 dogs in the U.S. were affected by a mysterious respiratory illness, some cases progressing to pneumonia, and showing resistance to antibiotics. Consequently, the uptick in respiratory ailments like laryngeal paralysis, tracheal collapse, and brachycephalic airway syndrome in pets is bolstering the need for endotracheal tubes for airway management during treatment, further propelling market growth.
Veterinary endotracheal tubes are crucial medical devices in veterinary practice, ensuring animals have a secure airway during surgeries, anesthesia, or critical care. These tubes are inserted into the trachea through the mouth or nose, safeguarding the animal's breathing, especially in compromised or anesthetized states.
How big is veterinary endotracheal tubes market?
In 2023, veterinary endotracheal tubes industry reached a valuation of USD 8.8 million, with a projected CAGR of 7.2% over 2024-2032, fueled by a surge in pet ownership, leading to increased spending on pet healthcare, in tandem with rising prevalence of respiratory diseases.
Why is the demand for uncuffed veterinary endotracheal tubes increasing?
The uncuffed segment accounted for a revenue of USD 5 million in 2023 as smaller animals, like cats and small dogs, prefer uncuffed tubes. These tubes lower the risk of tracheal injury and offer the simplicity of inserting & positioning these tubes reduces intubation time.
What factors are pushing the growth of North America veterinary endotracheal tubes industry?
In 2023, North America claimed a commanding 44.6% share of the global veterinary endotracheal tubes market, a trend set to persist in the coming years. This is due to increased pet ownership in the region, along with the presence of key players, and advancements in veterinary medicine.
Which companies define the competitive framework of veterinary endotracheal tubes industry?
B. Braun Melsungen AG (B. Braun Vet Care), Conduct Science, Harvard Apparatus, Intriquip Instruments, Inc., Jorgensen Laboratories, Medtronic Plc, RWD Life Science Co, Ltd., Supera Anesthesia Innovations, Vetamac, Inc, and Vetland Medical Sales & Services, LLC.