The global airway management devices market size is expected to reach USD 2.1 billion by 2025, according to a new study by Grand View Research, Inc. The growing prevalence of chronic respiratory diseases is a high impact rendering growth driver for this market. This increasing prevalence is presumed to be driving the clinical urgency to adopt airway management devices in order to improve the existing ventilation solutions and prevent conditions such as laryngospasms as well as reduce the long-term costs associated with the conventional methods.
In
addition, the advent of new-generation devices that incorporate a wide array of
fiber optic, optical, video, and mechanical technologies to facilitate a better
view of and help the management of difficult airways are gaining popularity.
For instance, video laryngoscopes, which allow real-time and enhanced
visualization, are rapidly becoming the first-line measure in emergency care
for efficient difficult airway management in hospitals as well as outpatient
settings. The benefits of consistent technological advancements include
improved optics, better aspiration capabilities, battery-powered light sources,
increased angulation capabilities, and improved reprocessing procedures. The
aforementioned benefits are anticipated to present the market with lucrative
growth opportunities during the forecast period.
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Airway Management
Devices Market Report Highlights
- The supraglottic segment is
expected to exhibit lucrative growth during the forecast period. The
exponential growth can be attributed to increasing adoption of laryngeal
masks in a wide range of clinical applications, such as cardiopulmonary
resuscitation and other medical emergencies
- Emergency medicine is
anticipated to exhibit lucrative CAGR during the forecast period owing to
the increasing significance of these devices in rapid sequence intubation
- In 2016, North America held
a dominant share of the global airway management devices market as a
consequence of the local presence of prominent market players working
toward extensive commercialization of their product portfolio
- Asia Pacific is anticipated
to grow at an exponential CAGR due to unmet patient needs, continuous
technological & infrastructural upgrades, and increasing healthcare
expenditure
- The key participants such as
Ambu A/S, Teleflex, Smiths Medical, Medtronic, Intersurgical, Armstrong
Medical Limited, and Becton Dickinson and Company are employing
sustainability strategies to gain competitive advantage.
- For instance, in September
2016, Ambu A/S completed the acquisition of ETView Medical Ltd., a medical
device manufacturer. The acquisition was carried out to cater to unmet
patient needs and provide advanced products that allow continuous airway
monitoring
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Airway Management
Devices Market Segmentation
Grand View Research has segmented
the global airway management devices market on the basis of product,
application, end use, and region:
Airway Management
Devices Product Outlook (Revenue, USD Million, 2014 - 2025)
- Supraglottic Devices
- Oropharyngeal Devices
- Nasopharyngeal Devices
- Laryngeal Airway Masks
- Others
- Infraglottic Devices
- Endotracheal Tubes
- Tracheostomy Tubes
- Others
- Resuscitators
- Laryngoscopes
- Others
Airway Management
Devices Application Outlook (Revenue, USD Million, 2014 - 2025)
- Anesthesia
- Emergency Medicine
- Others
Airway Management
Devices End-Use Outlook (Revenue, USD Million, 2014 - 2025)
- Hospitals
- Homecare
- Others
Airway Management
Devices Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- The U.S.
- Canada
- Europe
- The U.K.
- Germany
- Asia Pacific
- Japan
- China
- India
- Latin America
- Mexico
- Brazil
- MEA
- South Africa
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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