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Airway Management Devices Market is projected to reach USD 2.4 Billion by 2028

07-15-2023 01:36 PM CET | Health & Medicine

Press release from: ReportsnReports

Airway Management Devices

Airway Management Devices

"The rising incidence of chronic respiratory disease, geriatric population, and pre-term births is expected to drive the demand of market."

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 neonatesrestrain the growth of airway management devices market.

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"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 ventilationis 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.

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Airway management devices, vital tools used to secure and maintain a patient's airway during medical procedures and emergencies, are undergoing transformative advancements that hold great promise for critical care and patient safety. As medical technology evolves, the future of airway management devices is poised to revolutionize respiratory care and enhance outcomes for patients in various healthcare settings.

One of the key areas shaping the future of airway management devices is the development of minimally invasive and technologically advanced solutions. Novel devices, such as video laryngoscopes and supraglottic airway devices, are improving visualization and accessibility during intubation, reducing the risk of complications, and increasing success rates even in challenging situations.

Moreover, the future of airway management devices involves incorporating smart and connected features. Integration with electronic health records, real-time monitoring, and data analytics enable healthcare providers to make informed decisions promptly. These smart devices can provide valuable insights into patient airway conditions, facilitating early intervention and personalized treatment plans.

Additionally, the demand for portable and disposable airway management devices is growing. The development of lightweight and single-use devices ensures convenience, cost-effectiveness, and reduced risk of cross-contamination, making them particularly valuable in emergency and field settings.

Furthermore, the future of airway management devices includes personalized solutions based on patient anatomy and individual needs. 3D printing and computer-aided design are enabling the creation of custom airway devices tailored to specific patients, enhancing comfort and efficacy during airway interventions.

In conclusion, the future of airway management devices is marked by innovation, connectivity, and patient-centric design. Advancements in minimally invasive technology, smart features, portability, and personalization will redefine respiratory care and elevate patient outcomes in critical care scenarios. As medical professionals embrace these advancements, airway management devices will continue to play a pivotal role in preserving patient safety and improving the quality of healthcare across diverse medical specialties.

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