openPR Logo
Press release

Airway Management Devices Market 2018 - 2028 | Key players operating in market include Medtronic Plc., Cook Medical Inc., Teleflex Incorporated, Smiths Group plc. Ambu A/S

03-05-2019 05:23 PM CET | Health & Medicine

Press release from: Future Market Insights

Airway Management Devices Market 2018 - 2028 | Key players

The approximately US$ 1.3 billion market for airway management devices is likely to observe a sluggish pace over next few years, presumably crossing the revenue of US$ 1.5 Bn towards 2022 end. Around half of the market value share is accounted by North America, according to the report.

A senior research analyst at the company says, "The well-known complications and contraindications associated with the use of airway management devices continue to restrict adoption of airway management device types. The subsequent safety concerns are thus leading to frequent product recalls, resulting in the limited growth potential of airway management device landscape at a global level".

Explaining the market dynamics further, the analyst says, "The companies are however extending strong efforts towards adapting their products to evolving regulatory guidelines and thereby boosting new product launches. While preventing product recalls will remain in the focal point for manufacturers of airway management devices, they continue to primarily witness sustained demand for anesthesia administration".

Pre-hospital Settings Are Increasingly Demanding ‘Safer’ Single Use Airway Management Devices

With decently growing demand for emergency medical services and trauma management, the pre-hospital airway management is constantly becoming an imperative segment. With a primary objective to prevent the risks of cross infection, pre-medical settings are generating consistently growing demand for disposable laryngeal masks. While these airway management devices allow easy insertion and curtail the chances of gastric aspiration, it is more likely that single use airway management devices will witness steady revenue growth in coming years.

Get the Sample of Report Here @ https://www.futuremarketinsights.com/reports/sample/rep-gb-7775

FMI Highlights Opportunities for Pediatric Airway Management Devices Manufacturers

In an effort to facilitate the otherwise challenging pediatric airway management, manufacturing companies leading the airway management devices landscape are incorporating an extensive range of cutting-edge technologies in existing devices. The FMI report indicates a chunk of lucrative opportunities residing in the pediatric airway management segment.

The Classic Laryngeal Mask Airway (LMA) is currently witnessing notable traction owing to its exceptional efficiency in terms of attaining ventilation in children.

The Proseal LMA is likely to enjoy notable adoption in coming years.

Recently, Smith Medical launched Protex Bivona FlexTend TTS tracheostomy tubes exclusively for newborns, further covering pediatric patients in the company’s flagship product line.

The FMI analyst also says, “While the airway management space has been witnessing the successful introduction of next-generation endo-bronchial tubes equipped with camera, there is a strong likelihood of fostered product demand for thoracoscopic lung surgeries as well as in robotic surgeries. This and more such technological innovations can potentially uplift the revenue growth scenario of airway management devices market in coming years”.

Segmentation Analysis by FMI at a Glance

EndoBronchial tubes hold over 40% share of the current market value, followed by laryngeal masks, reveals the airway management devices market analysis by the type of product. Nasal airway tubes are projected for a relatively positive revenue growth outlook in the near future.

Based on the type of usage, single use or disposable airway management devices continue to command over the major market revenue, in contrary to the reusable airway management devices.

While hospitals are identified to be accounting for over 45% market revenue share according to the end user analysis, ambulatory surgical centers also hold a sizable share of the total market value.

With more than half of the total market value attained through estimated sales of airway management devices, North America continues to govern the global landscape, led by the US reportedly contributing more than US$ 840 Mn to the market in 2019.

Western Europe and Asia Pacific are projected to position themselves as the next important regional markets for airway management devices.

Companies Extend Concerted Efforts on Introducing New ‘Readily Approved’ Products

New product launches currently atop the strategic minds of global leaders in the airway management devices landscape. The key focus area however is to abide by the regulatory standards and achieve approvals in the first go.

Teleflex Incorporated recently announced the launch of LMA Gastro Airway that is a Cuff Pilot Technology-enabled laryngeal mask. While this is the first-ever laryngeal mask that allows facilitated esophageal access, it also promotes the airway control during a range of endoscopic procedures.

Get Report Customization Now @ https://www.futuremarketinsights.com/customization-available/rep-gb-7775

M&A Remains a Favored Strategy for an Edge over Competition

Strategic mergers and acquisitions will also remain an important generator of expansion opportunities for leading players in airway management devices market.

Partial acquisition of Airway Medix S.A. by Teleflex Incorporated that completed in the H2 last year had enabled the former to introduce CSS technology-enabled airway management. This advanced technology product innovation has been the company’s important engine for regional market penetration.

Additional Questions Answered

Some of the additional questions addressed in this report on the airway management devices market-

What is the revenue potential of the airway management devices market across regions of North America and Europe?

Who are the key competitors and their product portfolio and strategy in airway management devices market?

What are major challenges influencing the growth of airway management devices market?

What are major trends in the airway management devices market?

Research Methodology

The airway management devices market has been estimated based on market share analysis. The market was first calculated based on manufacturer annual sales for airway management devices in different region/countries. The airway management devices product volume was estimated based on the adoption of airway tube & mask in different procedures and annual sales of these products in top 20 countries globally. Other qualitative factors analyzed launch of new airway management devices, adoption of new technology, regulatory policies related to airway management devices. This information is further validated with rigorous primary research (including in-person interactions, viewpoints of seasoned analysts, interviews and surveys) and secondary research (including verified paid sources, authentic trade journals and resourceful databases). The research study on airway management devices market also includes top trends and macro as well as microeconomic factors shaping the airway management devices market. With this approach, the report on airway management devices market anticipates the industry attractiveness of every major segment in airway management devices over the forecast period.

A Methodology of this Report is Available upon Request @ https://www.futuremarketinsights.com/askus/rep-gb-7775

About Us

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

Contact Us

U.S. Office

616 Corporate Way, Suite 2-9018,

Valley Cottage, NY 10989,

United States

T: +1-347-918-3531

F: +1-845-579-5705

Email: sales@futuremarketinsights.com

Blog: http://www.marketresearchblog.org/

FMI Blog: https://www.fmiblog.com/

Web: https://www.futuremarketinsights.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Airway Management Devices Market 2018 - 2028 | Key players operating in market include Medtronic Plc., Cook Medical Inc., Teleflex Incorporated, Smiths Group plc. Ambu A/S here

News-ID: 1634031 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for Airway

Airway Stenting Market Technological breakthroughs 2025
Airway stents or tracheobronchial prostheses refer to the tube shaped devices inserted into an airway and this process is referred to as interventional pulmonary or airway stenting. Airway stenting relieves airway obstruction due to the structures that are not suitable for reconstruction and resection. Tracheobronchial disorders are majorly caused due to the presence of benign or malignant tumors, post intubation tracheal injuries, extrinsic compression and tracheobronchomalacia post tracheostomy. Currently, there are two
Mexico Airway Stenting Procedures Outlook to 2023
ReportsWeb.com published “Airway Stenting Procedures Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Publisher's new report, "Mexico Airway Stenting Procedures Outlook to 2023", provides key procedures data on the Mexico Airway Stenting Procedures. The report provides procedure volumes within market segments - Malignant Airway Obstruction Stenting Procedures
Italy Airway Stenting Procedures Outlook to 2023
ReportsWeb.com published “Airway Stenting” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Publisher's new report, "Italy Airway Stenting Procedures Outlook to 2023", provides key procedures data on the Italy Airway Stenting Procedures. The report provides procedure volumes within market segments - Malignant Airway Obstruction Stenting Procedures and Airway
Get to know more about United States Silicone Airway Stent Industry from United …
The report, titled “United States Silicone Airway Stent Market Report 2017” presents an in-depth study of the Silicone Airway Stent market in United States. Providing a brief history of the market, the report analyses the entire value chain of the market and points out the key drivers and restraints affecting the growth of the market during the forecast period. The report also analyses the market attractiveness and the effect of
Canada Airway Stenting Procedures Outlook to 2023
New report, "Canada Airway Stenting Procedures Outlook to 2023" added by Market Research HUB, provides key procedures data on the Canada Airway Stenting Procedures. The report provides procedure volumes within market segments - Malignant Airway Obstruction Stenting Procedures and Airway Stenting Procedures for Other Indications. Request Free Sample Report - http://www.marketresearchhub.com/enquiry.php?type=S&repid=1213963 The data in the report is derived from dynamic market forecast models. GlobalData uses epidemiology based models to estimate and forecast
India Airway Stenting Procedures Outlook to 2023
ReportsWorldwide has announced the addition of a new report title India Airway Stenting Procedures Outlook to 2023 to its growing collection of premium market research reports. GlobalData’s new report, "India Airway Stenting Procedures Outlook to 2023", provides key procedures data on the India Airway Stenting Procedures. The report provides procedure volumes within market segments - Malignant Airway Obstruction Stenting Procedures and Airway Stenting Procedures for Other Indications. The data in the report