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Advancements in veterinary medical devices and surgical procedures are bolstering treatment efficacy and safety. Innovations in endotracheal tube materials and designs are directly improving patient outcomes, spurring their adoption. Notably, market players are strategically launching technologically advanced veterinary endotracheal tubes, a move set to further boost market growth.
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.
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.
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.
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.