Airway Management Devices Market Forecast 2023-2032: Size, Key Players And Segments
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
North America held the largest airway management devices market share.
The global airway management devices market is expected to grow from $2.36 billion in 2022 to $2.49 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The airway management devices market is expected to grow from $2.98 billion in 2027 at a CAGR of 4.6%.
Major Driver In The Airway Management Devices Market – Increase In The Prevalence Of Respiratory Diseases
According to the American Lung Association, 148,512 individuals died from COPDs in the United States in 2020, making it the sixth largest cause of death overall and the fifth disease-related cause of death. Lung cancer was the worst malignancy, accounting for 1.76 million deaths worldwide each year. Every year, 10 million individuals contract tuberculosis, and 334 million people suffer from asthma. This scenario propels the airway management devices market forward.
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Key Airway Management Devices Market Segments
1) By Type: Infraglottic Airway Management Devices, Supraglottic Airway Management Devices, Resuscitators, Laryngoscopes, Other Devices
2) By End Use: Hospital, Homecare
3) By Application: Anesthesia, Emergency Medicine, Other Applications
Recent Airway Management Devices Market Trend – Launching Innovative Airway Management Devices
For example, in December 2021, McMurray Enhanced Airwar (MEA) was awarded the winner of the 2021 EMS international innovation awards. The MEA is specifically designed to open a patient’s airway quickly, allowing for breathing and oxygenation. Similarly, Docsinnovent Ltd developed an upgraded version of V-gel, a supraglottic airway device for cats and rabbits, in June 2020.
Airway Management Devices Market Prominent Players
Major players in the airway management devices market are Medtronic, Smiths Medical (A Division of Smiths Group PLC), Teleflex, Ambu, Karl Storz, Flexicare, Intersurgical, Carefusion, Mercury Medical, and Well Lead Medical Co Ltd.
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The Airway Management Devices Global Market Report 2023 provides a comprehensive overview on the airway management devices market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the airway management devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Airway management devices are medical techniques and technologies used to maintain or restore a safe, reliable breathing and oxygenation channel. Airway management devices are used to prevent and treat airway obstructions in order to ensure normal air exchange between the patient’s lungs and the environment.
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