Airway Management Devices Market 2024 | Market Size, Key Drivers, Industry Developments, Share, Future Growth Prospects And Forecast To 2033
Overview and Scope
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.
Sizing and Forecast
The airway management devices
market size has grown steadily in recent years. It will grow from $2.49 billion
in 2023 to $2.55 billion in 2024 at a compound annual growth rate (CAGR) of
2.4%. The growth in the historic period can be
attributed to increasing prevalence of chronic respiratory diseases, rising
geriatric population, growing demand for minimally invasive surgeries,
increasing awareness about the importance of airway management.
The airway management devices
market size is expected to see steadily grown in the next few years. It will
grow to $3.22 billion in 2028 at a compound annual growth rate (CAGR) of
6.0%. The growth in the forecast period
can be attributed to aging population, occupational health and safety,
anesthesia practices, telemedicine and remote care. Major trends in the
forecast period include enhanced video and imaging, telehealth integration,
personalized and 3d-printed devices, airway management algorithms, airway
management algorithms:.
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Segmentation & Regional
Insights
The airway management devices
market covered in this report is segmented –
1) By Type: Infraglottic
Airway Management Devices, Supraglottic Airway Management Devices,
Resuscitators, Laryngoscopes, Other Devices
2) By Application:
Anesthesia, Emergency Medicine, Other Applications
3) By End Use: Hospital,
Homecare
North America was the largest
region in the airway management devices market in 2023. Western Europe was the
second-largest region in the airway management devices market share. The
regions covered in the airway management devices market report are
Asia-Pacific, Western Europe, Eastern Europe, North America, South America,
Middle East, and Africa.
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Major Driver Impacting Market
Growth
The increasing prevalence of
respiratory diseases is expected to propel the demand for airway management
devices market over the forecast period. Airway management devices are used for
difficult emergency airway management during medical procedures. According to
the American Lung Association, in 2021, 142,342 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.
Key Industry Players
Major companies operating in the
airway management devices market include
Medtronic Inc., Smiths Medical Inc., Teleflex Incorporated, Ambu A/S,
KARL STORZ SE & Co. KG, Flexicare Medical Limited, Intersurgical Ltd.,
Becton Dickinson and Company, Mercury Medical, Well Lead Medical Co. Ltd.,
Unomedical Inc., SunMed LLC, Tuoren Medical Device India Pvt. Ltd., Medline
Industries Inc., Armstrong Medical Limited, Zhejiang Sujia Medical Device
Co.Ltd., Vyaire Medical Inc., Salter Labs Inc., Cook Medical Inc., Olympus
Corporation, General Electric Company, ICU Medical Inc., ConvaTec Group Plc,
VBM Medizintechnik GmbH, Boston Scientific Corporation, Fujifilm Holdings
Corporation, Hoya Corporation, Richard Wolf GmbH, Stryker Corporation, Terumo
Corporation, Verathon Inc., Vitalograph Ltd., Westmed Inc., Xiamen Compower
Medical Tech Co. Ltd.
The airway management devices
market report table of contents includes:
1. Executive Summary
2. Airway Management Devices
Market Characteristics
3. Airway Management Devices
Market Trends And Strategies
4. Airway Management Devices
Market - Macro Economic Scenario
5. Global Airway Management
Devices Market Size and Growth
...............................
31. Global Airway Management
Devices Market Competitive Benchmarking
32. Global Airway Management
Devices Market Competitive Dashboard
33. Key Mergers And Acquisitions
In The Airway Management Devices Market
34. Airway Management Devices
Market Future Outlook and Potential Analysis
35. Appendix
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