Global Endotracheal & Tracheal Suction Market is expected to grow at a CAGR of 6.3% in the forecast period 2020 to 2027. The years considered for study are as mentioned below.
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Global endotracheal & tracheal suction market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased various strategic developments in expanding their production facility for manufacturing of different medical foods, various acquisitions and partnership to enter in specific market have led the manufacturers to established their foot prints.
The major players dealing in global endotracheal & tracheal suction market are introducing strong range of product portfolio. This has also helped the company to maximize the sales with enhanced product portfolio.
Medtronic is the dominating player in the endotracheal & tracheal suction market followed by BD, Teleflex Incorporated, Intersurgical Ltd, Vyaire, Vygon, Vitaltec Corporation, Flexicare Medical Limited, HUM Gesellschaft für Homecare und Medizintechnik GmbH, Avanos Corporate, BD, OSCAR BOSCAROL S.r.l., ATPL, TROGE MEDICAL GmbH, CardioMed Supplies Inc., Steve Shandong Medical Science & Technology Co.Ltd, Smiths Medical, B. Braun Melsungen AG, Fuji Systems Corp, ROYAX, ConvaTec Group PLC.
Medtronic:
Medtronic headquartered in Ireland and founded in 1949. Company is engaged in offering medical technologies through services and solutions. The company deals in many business segment and they are cardiac and vascular group, minimally invasive therapies group, restorative therapies group, diabetes group. The market focused business segment for our market is minimally invasive therapies group. The product categories are health care professionals, patients and caregiver and the market focussed category is health care professionals.
For instance
- In May 2016, Medtronic plc (Ireland) acquired Smith & Nephew's (U.K.) gynecology (GYN) business that reinforced Medtronic's expansion of invasive treatments and demonstrated a commitment in order to improve options for women with abnormal uterine bleeding (AUB). The acquisition was done with amount approximately USD 350 million and hence helped in strengthening Medtronic’s minimally invasive surgical sector.
The company has wide global presence across the globe such as Eastern Europe, Middle East, Asia Pacific, Africa, South America, North America, Middle East, Western Europe, South Asia, Central Asia. The company provides its products in market through its subsidiaries such as Covidien Ltd. (Ireland), Medtronic MiniMed Inc (U.S.), Medtronic A (U.S.), Medtronic Vascular Inc (U.S.), Medtronic CoreValve LLC (U.S.) and others.
BD
BD headquartered in U.S. and founded in 1897. The company focuses on instruments used for diagnostic infectious disease. They offer a variety of products such as direct testing products, environmental systems, prepared media products and others. The company deals in different business segments and they are medical, life science and interventional. The company provides its products through its different product categories and they are access grafts, biopsy, biosurgery sealants & hemostats, bowel management, care & maintenance, continence - incontinence solutions, dialysis catheters, drug delivery, endoavf, enteral feeding, gastric management, hernia repair & fixation, kidney & stone management, laparoscopic irrigation, open orthopedics, patches, fabrics, felts, pledgets, tapes, patient monitoring systems, patient temperature management systems, prostate health, respiratory management, stents & stent grafts, surgical grafts, urological drainage, vascular occlusion, vascular patency, wound management. Among above product category, the market focused category is respiratory management.
For instance,
- In December 2017, BD a giant healthcare company has acquired C.R. Bard, Inc which was involved in producing highly distinct medical technology. This acquisition has helped the company in enhancing their product portfolio. This strategic decision has also helped the company as the revenue generation has increased in the market globally.
The company has wide global presence across the globe such as U.S., Europe & Asia. The company has its subsidiaries as well and they are Accuri Cytometers, Inc.(Delaware), Accuri Cytometers (Europe), Ltd. (U.K.), Atto Bioscience, Inc. (Delaware), B-D (Cambridge U.K.) Ltd. (U.K.) and others.
Teleflex Incorporated
Teleflex Incorporated is headquartered in U.S. and founded in 1943. Company is engaged in providing innovative, technology-driven and specialty engineered products. The company deals in different business segments and they are EMEA, Vascular North America, Asia, Interventional North America, Anesthesia North, America, OEM, Surgical North America other. The market focused business segment for our market is anesthesia. The company deals in the product categories such as anesthesia, cardiac care, emergency medicine, interventional access, uroLift, respiratory surgery, urology, vascular access, Teleflex medical OEM among which anesthsia si market focussed category.
For Instance,
- In January 2017, Teleflex Incorporated launched a new mask which is designed specifically to facilitate oesophageal access and promote airway control during endoscopic procedures. This has increased the product portfolio and therefore revenue of the company.
The company has its strong presence around the world which includes U.S., Europe, Asia & Asia Pacific and others. The company provides its products in market through its subsidiaries such as Hudson RCI AB (Sweden), Teleflex Medical Incorporated (U.S.), TFX Marine Inc (U.S.), Teleflex Medical SAS (France), Vidacare LLC (U.S.)
