According to a new market research report published by Global Insight Services ” Airway Management Devices Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Airway management devices are generally used for maintaining/restoring ventilation in a patient. It also comprises evaluating, planning, and using different medical procedures to treat patients with respiratory failures or acute obstruction. Moreover, it also protects the lungs from injury and provides gas exchange facilities to the patients. Some of the frequently used airway management devices to keep the upper airway open for offering unobstructed ventilation are supraglottic airway devices (SADs), Infraglottic airway devices, laryngoscopes, resuscitators, and cricothyrotomy kits.
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Key Players of Global Airway Management Devices Market:
The key players of global airway management devices market are Medtronic plc, Smiths Medical, Teleflex Inc., Ambu A/S, Convatec Group plc, KARL STORZ, Flexicare, Intersurgical Ltd., SunMed LLC, Vyaire Medical, VBM Medizintechnik, Verathon, SourceMark, Mercury Enterprises, TRACOE medical and Olympus Corp. among others.
Market Drivers:
Increasing demand for emergency and intensive care
Patients suffering from infectious, chronic, and cardiac conditions frequently undergo airway complications, which require immediate treatment. Likewise, road accident victims and people suffering from other trauma injuries may require immediate airway clearance to ensure their safety. Owing to the high number of such cases, the demand for airway management devices is increasing across the world. According to CDC, in 2014-2017, the emergency department (ED) visit rate for persons aged 60 and over was 43 visits per 100 persons aged 60 and over and increased with age, from 34 visits per 100 persons aged 6-69 to 86 visits per 100 persons aged 90 and over. About 30% of patients aged 60 and over who visited emergency departments arrived by ambulance, and this percentage increased with age.
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Market Segmental Analysis
The global airway management devices market is segmented into type, application, and end-user.
Airway Management Devices Market by Type:
The various types of airway management devices comprised in the report are Infraglottic airway devices, supraglottic airway devices, laryngoscopes, resuscitators, and cricothyrotomy kits. The Infraglottic airway devices are sub-segmented into endotracheal tubes and tracheostomy tubes. Similarly, the supraglottic airway devices are also bifurcated into laryngeal mask airways, oropharyngeal airways, and nasopharyngeal airways. Also, laryngoscopes are also segmented into conventional laryngoscopes and video laryngoscopes.
Airway Management Devices Market by Application
The various applications of the airway management devices such as anesthesia and emergency medicine.
The anesthesia segment is likely to dominate the market with a constant rate of XX% during the projection period. The key factors such as increasing growth in the number of surgical interventions across the globe, require the patients to be provided with anesthesia. Moreover, the increasing need for maintaining a safe breathing passage to lower the risk of anesthesia-related complications at the time of surgery is also driving the use of airway management devices during anesthesia procedures.
Geographical Analysis of Global Airway Management Devices Market
The global airway management devices market is studied for key countries of the regions such as North America, Europe, Asia Pacific, and the Rest of the World.
Reasons to buy Airway Management Devices Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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