Airway Management Devices Market To Hit US$ 3.0 Billion By 2028

How Big is the Airway Management Devices Market ? :

IMARC Group's latest research report, titled "Airway Management Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the global airway management devices market size reached US$ 2.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.0 Billion by 2028, exhibiting a growth rate (CAGR) of 6.8% during 2023-2028.

What are Airway Management Devices and Uses ? :

Airway management devices play a crucial role in the maintenance and restoration of ventilation in patients, containing the assessment, planning, and implementation of various medical procedures to address respiratory failures and acute obstructions. Among the commonly utilized managing instruments that ensure unimpeded ventilation by keeping the upper airway unobstructed are supraglottic airway devices (SADs), tracheal intubation, transtracheal access, and airway clearance techniques. In addition to this, these machines safeguard the lungs against harm and facilitate gas exchange for patients. As a result, airway management devices find widespread applications in hospitals and homecare settings.

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Who are the key Players Operating in the Industry ? :

• Ambu A/S
• Armstrong Medical Ltd
• Becton Dickinson and Company
• Flexicare (Group) Limited
• Intersurgical Ltd
• Medline Industries Inc
• Medtronic plc
• Mercury Enterprises Inc
• Smiths Group plc
• Teleflex Incorporated
• VBM Medizintechnik GmbH
• Verathon Inc. (Roper Technologies Inc.)

What are the Growth Prospects and Trends in the Airway Management Devices Industry ? :

The escalating prevalence of respiratory diseases and the extensive utilization of anesthesia, owing to the increasing number of surgeries across the globe, are among the primary factors driving the airway management devices market. Besides this, the several advantages offered by these instruments, such as their effectiveness in clearing airways, maintaining proper ventilation, and ensuring patient safety during operative procedures, are further augmenting the market growth. Moreover, the growing popularity of advanced techniques, including Preoperative Endoscopic Airway Evaluation (PEAE), which identifies and predicts blocked ventilation, facilitating an efficient management plan that involves the utilization of advanced devices, such as supraglottic airways, is also catalyzing the global market.

Apart from this, the rising product demand for various clinical applications to enable easy tracheal placement and improve patient safety is acting as another significant growth-inducing factor. Furthermore, the elevating requirement for these instruments, on account of the heightened necessity for emergency treatment of prolonged illnesses and protracted lung disease control in children and adults, is expected to bolster the airway management devices market in the coming years.

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Key Market Segmentation:

Breakup by Product:

• Supraglottic Devices
o Oropharyngeal Devices
o Naspharyngeal Devices
o Laryngeal Airway Devices
o Others
• Infraglottic Devices
o Endotracheal Tubes
o Tracheostomy Tubes
o Others
• Resuscitators
• Laryngoscopes
• Others

Breakup by Patient Type:

• Adult
• Pediatric Patient/Neonates

Breakup by Application:

• Anesthesia
• Emergency Medicine
• Others

Breakup by End Use:

• Hospitals
• Homecare
• Others

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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