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

The Business Research Company’s airway management devices market report forecasts the airway management devices market size to grow to $2.98 Billion by 2027, with a CAGR (compound annual growth rate) of more than 4%.

Learn More On The Airway Management Devices Market Report 2023 – https://www.thebusinessresearchcompany.com/report/airway-management-devices-global-market-report

Airway Management Devices Market Size Forecast
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 Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The airway management devices market is expected to grow from $2.98 billion in 2027 at a CAGR of 4.6%.

North America held the largest airway management devices market share.

Key Airway Management Devices Market Driver ­– Increase In The Prevalence Of Respiratory Diseases
According to the American Lung Association, in 2020, 148,512 people died from COPDs in the US making it sixth overall leading cause of death and fifth disease-related cause of death. Lung cancer was the deadliest cancer with 1.76 million deaths annually across the world. Moreover, 10 million people develop tuberculosis and 334 million people suffer from asthma every year. This scenario drives the growth of the airway management devices market.

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Key Airway Management Devices Market Trend – Launching Innovative Airway Management Devices
The launch of innovative airway management devices is shaping the airway management devices market. For instance, in December 2021, McMurray Enhanced Airwar (MEA) was named as 2021 EMS world innovation awards winner. The MEA is specially designed to quickly open a patient’s airway facilitating ventilation and oxygenation. Similarly, in June 2020, Docsinnovent Ltd launched an advanced version of V-gel, which is a supraglottic airway device for cats and rabbits.

Airway Management Devices Market Segment

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

Airway Management Devices Market Major Players and Strategies

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.

The Airway Management Devices Global Market Report 2023 covers regional data on airway management devices market size, airway management devices market trends and drivers, opportunities, strategies, and airway management devices market competitor 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 tools for preserving or reestablishing a secure, reliable channel for ventilation and oxygenation. Airway management devices are used to prevent and relieve airway obstruction to ensure the proper exchange of air between the patient’s lungs and atmosphere.

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