Press release
Rising Number Of Surgical Procedures Fuels Laryngeal Mask Market Growth: A Key Factor Shaping the Future of the Laryngeal Mask Market in 2025
Rising Number Of Surgical Procedures Fuels Laryngeal Mask Market
The laryngeal mask market will grow from $2.33 billion in 2024 to $2.61 billion in 2025, at a CAGR of 12.0%. The growth is driven by the rising number of surgical procedures, an increase in respiratory disorders, improvements in material science, the global aging population, and a focus on patient safety.
The laryngeal mask market is expected to grow to $4.08 billion by 2029, driven by AI integration, ambulatory surgical centers' growth, and an increasing focus on sustainable materials, with advancements in 3D printing, eco-friendly options, and telemedicine compatibility.
What Are the Main Catalysts for Growth in the Laryngeal Mask Market?
The growth of the laryngeal mask market is anticipated to be driven by the increasing number of surgical procedures. Laryngeal masks are crucial during surgeries involving general anesthesia to ensure the airway remains unobstructed. For instance, in July 2024, the Aesthetic Society reported a 2.9% increase in the total number of surgical procedures from 2022 to 2023, further fueling the demand for laryngeal masks.
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Which Businesses Are at the Forefront of Laryngeal Mask Market Development?
Major companies operating in the laryngeal mask market report are Teleflex Incorporated, Intersurgical Limited, Dynarex Corporation, Medtronic PLC, Ambu A/S, Hitec Medical Co. Ltd., Polymedicure Ltd., Anandic Medical Systems, Narang Medical Limited, Vogt Medical Vertrieb GmbH, Sterilmed Inc., HSINER CO. LTD., Legend Medical Devices Inc., Medline Industries Inc., Becton Dickinson and Company, Health Business Corp., Cook Medical, Vyaire Medical Inc., Advin Health Care, Smiths Group PLC, GPC Medical Ltd., Sourcemark LLC, Fannin Limited, Verathon Inc., Angiplast Pvt. Ltd., IndoSurgicals Private Limited, OXYCARE LTD., Proexamine Surgicals Private Limited, Besmed Health Business Corporation, Kindwell Medical Equipment
Which Key Developments Are Influencing the Laryngeal Mask Market?
Companies in the laryngeal mask market are expanding their reach through strategic partnerships to gain a competitive advantage. In July 2023, Teleflex Incorporated, a US-based medical technology provider, formed an agreement with Premier Inc., a US-based healthcare company. This partnership enables Premier's members to access pre-negotiated pricing and exclusive deals on Teleflex's medical products, including laryngoscope systems, laryngeal mask airways, and disposable anesthesia supplies. Additionally, in June 2023, Teleflex partnered with Shenzhen Insighters Medical Technology Co., Ltd., a China-based medical imaging technology firm, for the exclusive distribution of the Insighters Video Laryngoscope System. Featuring modular accessories, this system facilitates endotracheal tube placement in various intubation scenarios and has been integrated into Teleflex's airway management portfolio for routine airway procedures.
How Is the Laryngeal Mask Market Segmented?
The laryngeal mask market covered in this report is segmented -
1) By Type: Reusable laryngeal masks, Disposable laryngeal masks
2) By Patient: Children, Adult, Geriatric
3) By End User: Hospitals, Clinics, Ambulatory Surgical Centers, Other End-User
Subsegments:
1) By Reusable Laryngeal Masks: Silicone Reusable Laryngeal Masks, Autoclavable Reusable Laryngeal Masks, Reinforced Reusable Laryngeal Masks
2) By Disposable Laryngeal Masks: PVC Disposable Laryngeal Masks, Silicone Disposable Laryngeal Masks, Reinforced Disposable Laryngeal Masks
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Where Is the Laryngeal Mask Market Growth Most Prominent?
North America was the largest region in the laryngeal mask market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the laryngeal mask market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Laryngeal Mask Global Market Report?
- Market Size Analysis: Analyze the Laryngeal Mask Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Laryngeal Mask Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Laryngeal Mask Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Laryngeal Mask Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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