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Airway Management Devices Market Size to Rise at a Moderate CAGR of 4.8% Between 2018 and 2026

01-17-2020 10:48 AM CET | Health & Medicine

Press release from: Transparency Market Research

Airway Management Devices Market

Airway Management Devices Market

According to the new research report by Transparency Market Research, the global airway management devices market was initially valued at US$832 mn back in 2017. The research report expects the global market to exhibit a CAGR of 4.8% for the projection period of 2018 to 2026. With this rate of growth, the valuation of the airway management devices market is projected to elevate to US$1,266 mn by the end of 2026.

Report Overview @

https://www.transparencymarketresearch.com/airway-management-devices-market.html

A number of macro as well as microeconomic factors are influencing the growth of the global airway management devices market. One of the key growth factor for the development of the market has been a stark growth in prevalence of chronic breathing and respiratory diseases. In addition to this, substantial growth in the geriatric population across the globe is also helping the development of the global airway management devices market. Another important factor for market growth has been the recent rise in expenditure for the development of the healthcare infrastructure. This has led to healthcare service providers to purchase advanced and high-tech devices including airway management devices. Thus, the market has seen a positive growth because of this reason.

To garner compelling insights on the forecast analysis of Airway Management Devices Market, Request a PDF Sample Here – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=54603

Supraglottic Device Segment to Emerge as Most Popular Product Type

In terms of type of devices, the global airway management devices market has been segmented into Supraglottic Device, Infraglottic Device, Resuscitators, and Laryngoscope. Of these, the segment of supraglottic devices is projected to witness a steady growth in the coming few years. One of the key reasons behind the growth of the segment is the start rise in the number of patients suffering from chronic obstructive pulmonary disorder. Moreover, increasing cases of respiratory dysfunction and fast developing medical technologies are also expected to help in developing the market segment and ultimately the growth of the market itself.

Based on the end-user segmentation, the global airway management devices market is expected to be dominated by the segment of operating rooms (OR). The segment is expected to account for around 45.5% of the overall market share by the end of 2026. The growth of the segment is driven by the increasing availability of high-end devices and facilities in the operating rooms. Moreover, increasing number of anesthesia induction procedures carried out in these ORs is also helping to develop the segment further. This is ultimately expected to help the overall development of the global airway management devices market.

Request for a Discount on Airway Management Devices Market Report –

https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=54603

Asia Pacific to Witness 5% CAGR in Coming Years of Forecast

In terms of geographical segmentation, the global airway management devices market is divided into five major regions viz. North America, Europe, Middle East and Africa, Asia Pacific, and Latin America. The research report expects the global market to be dominated by the regional segment of Asia Pacific for the given period of forecast. The regional segment is expected to exhibit a CAGR of 5% for the period of 2018 to 2026. The growth of the market is driven by factors such as increasing patient pool, adoption of high-end technologies, and growing expenditure on the development of healthcare infrastructure.

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Website: https://www.transparencymarketresearch.com

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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