Airway Management Devices Market 2024- By Size, Growth, Trends And Global Forecast To 2033
Global airway management devices market size is expected to reach $3.22 Bn by 2028 at a rate of 6.0%, segmented as by type, infraglottic airway management devices, supraglottic airway management devices, resuscitators, laryngoscopes, other devices
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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
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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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