Airway Management Devices Market By Type (Supraglottic airway management devices, Infraglottic airway management devices And Resuscitators), By End User (Operating rooms, Emergency care departments And Intensive care units), By Patient Age (Adult patients

Global Airway Management Devices Market was valued at USD 1.32 Billion in the year 2017. Global Airway Management Devices Market is further estimated to grow at a CAGR of 6.77% from 2010 to reach USD 1.96 Billion by the year 2023. The North America region holds the highest market share in 2017 and the Asia Pacific is considered as the fastest growing market in the forecasted period. At a country level, US, China and U.S. are projected to grow strongly in the coming years due to increasing density of population.

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Medtronic plc. (U.S),Smiths Medical (U.S),Teleflex (U.S). Rising research and development expenses are catering to changing demand of end users. Similarly, growth strategies such as acquisition, merger and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

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Drivers:

• Demand for emergency care
• High incidence of preterm babies

Restraints:

• High cost

Opportunities:

• Advancement in technology

Challenges:

• Inadequate research funding

The Global Airway Management Devices Market is segmented as By Type, End User, Patient Age and Region.

The Type segment is divided asSupraglottic airway management devices, Infraglottic airway management devices, Resuscitators, Laryngoscopes and Others in which infraglottic segment contributes to the highest market share due to high demand for emergency care and rising geriatric population.

Based on End User, the airway management devices market is segmented into operating rooms, emergency care departments, intensive care units, and other end users such as paramedics, home care, ambulance services, and fire-fighting groups in which the operating rooms segment is expected to account for the largest share of the global market. The large share of this segment can be primarily attributed to rising prevalence of chronic respiratory diseases and rising surgical procedures.

Based on Patient Age, the airway management devices market is segmented into adult patients and pediatric patients/neonates in which the adult patients segment is expected to account for the largest share of the global market. The large share of this segment can be primarily attributed to the rising prevalence of geriatric population. Among all, it is expected that the adult patients segment will be growing at a moderate CAGR of XX % in the assessment period.

Key Benefits for Stakeholders

• Manufacturers of airway management devices
• Original equipment manufacturers
• Suppliers and distributors of airway management devices
• Healthcare service providers
• Surgical centers
• Ambulance services
• Fire-fighting groups

By Type

• Supraglottic airway management devices
• Infraglottic airway management devices
• Resuscitators
• Laryngoscopes
• Others

By End User

• Operating rooms
• Emergency care departments
• Intensive care units
• Others

By Patient Age

• Adult patients
• Pediatric Patients/Neonates

By Region

• North America
• Europe
• Asia-Pacific
• RoW

Key Market Players

• Medtronic plc.
• Smiths Medical
• Teleflex
• Ambu
• Karl Storz
• Flexicare
• Verathon
• Olympus
• Intersurgical
• SunMed

(A brief overview of 10 companies is also provided)

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This release was published on openPR.