The global airway management devices market is projected to reach USD 2.4 Billion by 2028 from USD 1.8 Billion in 2022, at a CAGR of 5.6% during the forecast period. The growth of this market is majorly driven by the growth in the increasing incidence of chronic respiratory disease, geriatric population, and pre-term births, and the rising investments in healthcare infrastructure. However, harmful effects of certain airway management devices on neonates restrain the growth of airway management devices market.
The infraglottic devices segment accounted for the highest market share in the global airway management devices market, by type, during the forecast period.
Based on the type of segment, the airway management devices market has been segmented into laryngoscopes, resuscitators, infraglottic devices, supraglottic devices, cricothyrotomy kits, and other airway management devices.The infraglottic devices segment is expected to witness high market share during the forecast period.
This can be attributed to factors such as the increasing incidence and prevalence rate of various chronic respiratory disorders and the increasing number of patients facing respiratory failure demanding for positive air pressure ventilation is driving the intubation procedures and infraglottic devices globally.
Based on patient age, the adult patients’ segment is expected to register the highest CAGR during the forecast period.
Based on patient age, adult patients segment accounted for the highest CAGR during the forecast period. This can be attributed to factors such as the high prevalence of chronic diseases in geriatric population and increasing adoption of different airway management devices among adult patients during surgical interventions and treatment regimens.
Based on application, anesthesia segment accounted for the highest CAGR during the forecast period.
Based on application, anesthesia segment accounted for the highest CAGR during the forecast period. Factors supporting the growth of anesthesia application segment due to increasing prevalence of pulmonary disorders and the requirement to maintain a secure breathing passage to reduce the risk of anesthesia related problems during surgery is growing along with the number of surgical operations.
Based on end-user, the hospitals segment holds the largest market share during the forecast period.’’
The hospital segment is expected to hold the largest market share during the forecast period. This can be attributed to the rising number of hospitals in developing countries which is expected to drive the demand for airway management devices deployed in operating rooms and other hospital departments in emerging economies and the rising number of surgical procedures also supports the growth of the hospitals segment.
The North America segment accounted for the highest market share in the airway management devices market, by region, during the forecast period.
Based on the region, the global airway management devices market is categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.North America is expected to witness a high market share during the forecast period.
Increasing prevalence of chronic respiratory diseases, the rising number of healthcare settings, and favorable reimbursement policies for airway management devices are supporting the growth of the market.
Breakdown of supply-side primary interviews, by company type, designation, and region:
• By Company Type: Tier 1 (35%), Tier 2 (45%), and Tier 3 (20%)
• By Designation: C-level (35%), Director-level (25%), and Others (40%)
• By Region: North America (45%), Asia- Pacific (20%), Europe (30%), Latin America (3%) and Middle East & Africa(2%)
Prominent companies include Medtronic (Ireland), ICU Medical, Inc. (US), Teleflex Incorporated (US), Ambu A/S (Denmark), ConvaTec Group Plc (UK), KARL STORZ SE & CO. KG (Germany), Flexicare Group Ltd. (UK), Intersurgical Ltd. (UK), SunMed LLC (US), Vyaire (US), Verathon Inc. (US), Sourcemark LLC (US), VBM Medizintecnik GmBH (Germany), Mercury Enterprises (US), Atos Medical (Sweden), P3 Medical (UK), Henan Tuoren Medical Device Co. Ltd. (China), BOMImed (Canada), Mederen Neotech Ltd. (Israel), and Medis Medical (UK) Ltd.(China), Olympus Corporation (Japan), Armstrong Medical Ltd. (Eakin Healthcare Group) (UK), Nihon Kohden Corporation (Japan) and Shenzen Hugemed Medical Technical Development Co. Ltd. (China).
This research report categorizes the electrophoresis market by type (laryngoscopes, resuscitators, infraglottic devices, supraglottic devices, cricothyrotomy kits, and other airway management devices), by patient age (Adult patients and pediatric patients/Neonates), by application (Anesthesia, emergency medicine and other applications), by end users (Hospitals, ambulatory care settings, home care settings and others) and region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa).The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the airway management devices market.
A detailed analysis of the key industry players has been done to provide insights into their business overview, product offerings; key strategies; partnerships, agreements, new product & service launches, mergers and acquisitions, and recent developments associated with the airway management devices market.
Key Benefits of Buying the Report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall airway devices management market and the subsegments.This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies.
The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
This report provides insights into the following pointers:
• Market Penetration: Comprehensive information on product portfolios offered by the top players in the global airway management devices market. The report analyzes this market by type, application, patient age, and end user.
• Product Enhancement/Innovation: Detailed insights on upcoming trends, technology, and product launches in the global airway management devices market.
• Market Development: Comprehensive information on the lucrative emerging markets by type, application, patient age, and end user and region.
• Market Diversification: Exhaustive information about new products or product enhancements, growing geographies, recent developments, and investments in the global airway management devices market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, product offerings, competitive leadership mapping, and capabilities of leading players in the global airway management devices market.