Market Definition
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.
Market Outlook
Global Airway Management Devices Market is expected to reach $3.1bn by 2031 growing at a CAGR of 6.1% between 2021 and 2031.
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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Research Objectives
- Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
- Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
- Identify factors influencing market growth and challenges, opportunities, drivers and restraints
- Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
- Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
- Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
- To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
- Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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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.
The Infraglottic airway devices segment is likely to dominate the market with a CAGR of XX% during the forecast period. Infraglottic devices like endotracheal tubes and tracheostomy tubes are used at the time of intubation for rescuing the airway and providing ventilation after connecting with external breathing assistance systems. Moreover, the rise in prevalence of chronic respiratory diseases, cardiovascular diseases, coupled with respiratory tract infections is increasing the incidence of acute respiratory failure, thereby driving the demand for intubation procedures and Infraglottic devices across the globe.
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.
Airway Management Devices Market by End Users
The different end-users comprised in the airway management devices market are ambulatory care settings, home care settings, and hospitals.
The hospital end-user segment is expected to dominate the market with a CAGR of XX% during the forecast period. The key factors such as rising number of hospitals and infrastructural & economic development, especially in developing countries. Moreover, the rising surgical procedures performed-where airway management devices are used for ventilation, oxygenation, and the administration of anesthesia-also support high growth in the hospital’s segment.
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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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Research Scope
- Scope – Highlights, Trends, Insights. Attractiveness, Forecast
- Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
- Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
- Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
- Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
- Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.
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