Tracheostomy Products Market Worth $278.8 Million By 2030
Tracheostomy Products Industry Overview The global tracheostomy products market size was valued at USD 193.8 million in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 4.2% over the forecast period from 2022 to 2030 owing to the growth in the incidence rate of chronic respiratory disorders like Cardiovascular Diseases (CVDs), diabetes, respiratory diseases, cancer, and other respiratory injuries. In addition, the increasing demand for tracheostomy accessories to support the growing number of surgeries performed worldwide keeps rising. COPD is one of the world’s major causes of mortality. As per the WHO, COPD affected over 251 million people globally in 2016. Gather more insights about the market drivers, restrains and growth of the Global Tracheostomy Products Market The rising frequency of tobacco smoking and poor air quality, particularly in middle-income nations, are key factors contributing to a rise in COPD prevalence, resulting in an increased dem...