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Laryngeal Mask Market Growth to Double USD 1,460.4 Million by 2034, Driven by 6.8% CAGR Growth

12-12-2024 06:11 PM CET | Health & Medicine

Press release from: Future Market Insights

Laryngeal Mask Market

Laryngeal Mask Market

The global laryngeal mask market is on a robust growth trajectory, with its valuation projected to rise from USD 756.4 million in 2024 to an impressive USD 1,460.4 million by 2034. This significant increase represents a compound annual growth rate (CAGR) of 6.8% during the forecast period. As of 2023, the market's revenue was USD 708.3 million, signaling a steady upward trend in demand for this essential medical device.

Laryngeal masks (LMAs) have become a critical component in modern airway management, particularly in anesthesia and emergency care. Originally designed by British anesthetist Archibald Brain in the 1980s, the LMA is a supraglottic airway device that allows for secure ventilation without the need for intubation. The device consists of a tube connected to an ellipsoidal mask that seals around the glottis, facilitating effective ventilation while minimizing the risk of aspiration.

The growing preference for LMAs over traditional endotracheal tubes is driven by several key advantages. LMAs are easier to insert, require less training, and present a lower risk of injury to the teeth or larynx. Their user-friendly design and patient comfort have made them indispensable in both surgical theaters and emergency care settings. As healthcare providers increasingly seek safer, less invasive airway management solutions, demand for LMAs is expected to accelerate.

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Key Takeaways:

The laryngeal mask market is projected to grow from USD 756.4 million in 2024 to USD 1,460.4 million by 2034, with a 6.8% CAGR.
Revenue for 2023 was USD 708.3 million, highlighting steady growth in the demand for safer airway management devices.
Laryngeal masks are preferred over endotracheal tubes due to easier insertion, reduced injury risk, and greater patient comfort.
Designed by British anesthetist Archibald Brain in the 1980s, LMAs have become essential in surgical theaters and emergency care environments.
As the laryngeal mask market continues to grow, manufacturers and healthcare providers stand to benefit from the increasing emphasis on patient safety and comfort. Innovations in device design and materials are likely to further drive adoption, setting the stage for sustained market expansion in the coming decade

Key Drivers Behind Market Growth

Increasing Surgical Procedures: The rising number of surgical interventions globally is a primary driver for the demand for laryngeal masks. As more surgeries are performed, particularly in anesthesia applications, the need for effective airway management devices like laryngeal masks becomes critical.
Advantages Over Traditional Airway Devices: Laryngeal masks (LMAs) offer significant benefits compared to endotracheal tubes, including easier insertion and reduced risk of injury to the teeth or larynx. Their comfort and simplicity make them a preferred choice in both surgical theaters and emergency situations.
Growing Preference for Disposable Devices: There is an increasing shift towards the use of disposable laryngeal masks due to their sterility and ability to prevent cross-contamination, which enhances patient safety and reduces infection risks in healthcare settings.
Technological Advancements: Continuous innovations in the design and materials used for laryngeal masks are improving their functionality and safety. Newer models often feature enhanced cuff designs and materials that provide better sealing and patient comfort.
Expansion of Healthcare Infrastructure: The development of healthcare facilities, particularly in emerging markets, is facilitating greater access to surgical procedures and anesthesia services, thereby driving demand for laryngeal masks.
Competitive Landscape

The laryngeal mask industry faces a high competition as there are large number of laryngeal mask manufacturers. These manufacturers are focused on constantly innovating and improving their product portfolio.

Prominent producers of Laryngeal Masks are concentrating on growing internationally in order to increase their revenue and increase the size of their sales footprint in developing nations through the acquisition of regional small players. Manufacturers utilize various key strategies such as agreements, product launches, research sponsorship, and strategic collaborations to boost product sales and establish their market presence.

Some of the major player in Laryngeal Mask Market

Cardinal Health, an American pharmaceutical and medical supplies manufacturing company, offers laryngeal mask such as disposable uncuffed silicone laryngeal mask airways. In addition, the company offers products such as pharmaceutical products, lab supplies, hospital supplies and others
Teleflex Incorporated, an American provider of specialty medical devices, offers laryngeal mask such as LMA® Unique™ (Silicone Cuff) Airway. The company also offers products for pain management, airway management, urology and others.
Ambu A/S, a Denmark-based multinational manufacturer of single-use endoscopy solutions, diagnostic and life-supporting equipment, offers Ambu® AuraGain™ Disposable Laryngeal Mask, Ambu® Aura-i™ Disposable Laryngeal Mask, Ambu® AuraOnce™ Disposable Laryngeal Mask, Ambu® AuraFlex™ Disposable Laryngeal Mask and Ambu® AuraStraight™ Disposable Laryngeal Mask
Key Players of Laryngeal Mask Industry

Ambu A/S
Teleflex Incorporated
Medtronic
Hsiner Co. Ltd
Thermo Fisher Scientific Inc.
Cardinal Health
Medline Industries Inc.
BLS Systems
Dynarex Corp.
Smiths Group plc
Besmed Health Business Corp.
Vogt Medical Vertrieb GmbH
Intersurgical
Ferno
Legend Medical Devices, Inc.

Key Segments of Laryngeal Mask Industry

By Product:

In terms of product, the industry is divided into reusable laryngeal masks and disposable laryngeal masks.

By Patient:

In terms of patient, the industry is segregated into children, adult, and geriatric

By End User:

In terms of distribution channel, the industry is divided into hospitals, clinics, and ambulatory surgery centers

By Region:

Key countries of North America, Latin America, East Asia, South Asia & Pacific, Western Europe, Eastern Europe, and Middle East and Africa (MEA) have been covered in the report.

Explore FMI's Related Ongoing Coverage on Healthcare Market Insights Domain:

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.
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Suite 401, Newark, Delaware - 19713, USA
T: +1-347-918-3531

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