Tracheostomy products Market Outlook, Competitive Landscape, Revenue Analysis & Forecast Till 2027
The Global Tracheostomy Products Market is estimated to be valued at USD 203,080.97 Thousand by 2024 and is projected to register a CAGR of 3.50% during the forecast period. Tracheostomy is a surgical procedure to treat breathing-related diseases where a stoma (hole) is created via the neck into the trachea (windpipe). Generally, tracheostomy is performed when the route of breathing is blocked or impaired, to provide an air passage to help to breathe. Tracheostomy is needed when the long-term use of ventilators is required for artificial breathing, but in some instances, emergency tracheotomy is also performed. There are generally two types of tracheostomies, namely, surgical tracheostomy and minimally invasive tracheostomy. In both types, the stoma can be surgically closed once the tracheostomy is no longer needed. The high prevalence of respiratory disorders and favorable reimbursement policy are anticipated to drive the market growth. However, a product recall is projecte...