Global Airway Management Devices Market is expected to reach $3.1bn by 2031 growing at a CAGR of 6.1% between 2021 and 2031.
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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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.
Market Opportunities
Growing demand for single-use airway management devices
Single-use medical devices are used over a large application area of the healthcare industry, comprising airway management. Single-use devices such as endotracheal tubes, tracheostomy tubes, laryngoscope blades, and resuscitators find extensive use across healthcare facilities that offer value-based care services and handle critical patients suffering from highly infectious diseases like H1N1 influenza or severe pneumonia. Adding to that, single-use devices offer various benefits over reusable devices—they are pre-sterilized and can be used directly, ensuring patient safety from healthcare-associated infections (HAI). Disposable devices do not require cleaning and decontamination, as these devices are pre-sterilized and disposed of after use. The time saved can be used for other priority responsibilities. Due to these benefits, the vendors are preferably focused on single-use airway management devices.
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Market Segments
By Type
- Infraglottic Airway Management Devices
- Endotracheal Tubes
- Tracheostomy Tubes
Key Players
The key players of airway management devices market are Medtronic plc(IR), Teleflex Inc.(US), Ambu A/S(DK), Convatec Group plc(UK), KARL STORZ(DE), Flexicare(UK), Intersurgical Ltd.(UK), SunMed LLC(US), Vyaire Medical(US), VBM Medizintechnik(US).
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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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