Press release
Airway Management Devices Market to reach USD 3.53 Bn by 2029, emerging at a CAGR of 6.03 percent and forecast 2023-2029
Airway Management Devices Market
The market data in this report has been sourced from industry participants across regions, including North America, Asia Pacific, Europe, Middle East & Africa, and South America. The research employs facts, figures, illustrations, and presentations to analyze historical trends and investigate the market's drivers, limitations, prospects, and barriers. Additionally, investor recommendations are provided based on a comprehensive competitive scenario analysis.
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Airway Management Devices Market Dynamics:
The global Airway Management Devices Market is driven by increasing demand for intensive care and emergency treatments. Patients with infectious, chronic, or cardiac illnesses often require immediate airway clearance for their safety, leading to a growing need for airway devices. However, the market faces challenges such as complications and limitations associated with airway management, product recalls, and a shortage of skilled healthcare professionals. Opportunities lie in the supraglottic segment and the use of single-use devices for value-based care services and handling critical patients, particularly in the context of highly infectious diseases.
Airway Management Devices Market Regional Insights:
In 2021, North America dominated the Airway Management Devices Market, accounting for the largest market share. The region is expected to continue witnessing significant growth due to its highly developed healthcare system, increasing prevalence of chronic respiratory diseases, and favorable reimbursement policies for airway management devices.
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Airway Management Devices Market Segmentation:
by Type
• Infraglottic Airway Management Devices
o Endotracheal tubes
o Tracheostomy tubes
• Supraglottic Airway Management Devices
o Laryngeal Mask Airways
o Oropharyngeal Airways
o Nasopharyngeal Airways
o Other Supraglottic Airway Management Devices
• Laryngoscopes
o Conventional Laryngoscope
o Video Laryngoscope• Resuscitators
• Cricothyrotomy Kits
• Other Airway Management Devices
by Application
• Anesthesia
• Emergency Medicine
• Others
Airway Management Devices Market Key Players:
• Medtronic plc
• Smiths Medical
• Teleflex Inc.
• Ambu A/S
• Convatec Group plc
• KARL STORZ
• Flexicare
• Intersurgical Ltd.
• SunMed LLC
• Vyaire Medical
• VBM Medizintechnik
• Verathon (US), SourceMark
• Mercury Enterprises
• TRACOE medical
• Olympus Corp.
• Armstrong Medical
• Nihon Kohden Corp
• Shenzen Hugemed Medical Technical Development Co. Ltd.
• Venner Medical
• P3 Medical
• Pulmodyne Inc.
• Henan Tuoren Medical Device Co. LTd.
• BOMImed
• Medis Medical
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Table of content for the Airway Management Devices Market includes:
Global Airway Management Devices Market: Research Methodology
Global Airway Management Devices Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Airway Management Devices Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size and Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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Airway Management Devices Market
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The airway management devices market was valued at US$ 1.5 billion in 2022, with a 3.2% CAGR expected throughout the projected period. The global market's absolute dollar growth is US$ 668.5 million.
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