Airway Management Devices Market 2021 Key Drivers and Challenges, Opportunities and Forecast Insights by 2028


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Shibuya Data Count

Jan 05, 2022, 02:13 EST


Shibuya-ku, Tokyo, Japan, Japan, Jan 05, 2022, 02:13 /Comserve / -- The airway management devices market size was more than $ 1,230.8 million in 2018 and is estimated to witness a lucrative growth of over 7.4% during the forecast period.

The airway management devices market size was more than $ 1,230.8 million in 2018 and is estimated to witness a lucrative growth of over 7.4% during the forecast period.

Airway management devices include a set of drills and medical procedures to relieve and prevent airway barriers. The devices create an open pathway for exchange of air between lungs and the atmosphere. The obstruction of air can be caused due to tongue, an object or tissue stuck in the esophagus, organ bodily fluids such as blood and gastric content.

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Increasing chronic respiratory diseases, rising demand for the emergency care, growth in the demand for the investment funds and the government initiative in improving the emergency care infrastructure are anticipated to drive the market for the airway management devices.

Lack of professionals and increasing pricing factor on the market are considered to be the biggest restraints for the market.
Depending on the type, the market is bifurcated into Infraglottic Laryngoscopes, Resuscitators, Supraglottic Airway Management Devices, Airway Management Device, and others. Infraglottic Airway Management Devices held the highest market share of 32% in 2018. Infraglottic Airway Management Devices segment was $403.7 million in 2018 and is estimated to generate a revenue of $662.4 million by 2026. Supraglottic Airway Management Devices has the highest growth rate in the forecast period. Supraglottic Airway Management Devices is predicted to grow at a CAGR of 8.3% and is estimated to generate a revenue of $466.3million by 2026.

Depending on the end use the market is bifurcated into Intensive Care Units, Emergency Care Departments, Operating Rooms, and Others. Operating rooms holds the highest market share of 38.9% in 2018. The operating room segment accounted for $ 478.8 million in 2018 and is estimated to generate a revenue of $823.6 million by 2026. Emergency Care Departments segment has the highest growth rate in the forecast period. Emergency Care Departments is predicted to grow at a CAGR of 7.9% and is estimated to generate a revenue of $499.0 million by 2026.

Depending on the patient’s age the market is bifurcated into Adult patient, and pediatric patient. Adult patient segment was $763.1 million in 2018 and is estimated to generate a revenue of $1,309.5 million by 2026. Pediatric patients segment was $ 467.7 million in 2018 and is estimated to generate a revenue of $869.3 million by 2026.

Depending on the region, the market is segregated into North America, Europe, Asia-Pacific and LAMEA. North America accounted for $504.6 million in 2018 and is estimated to generate a revenue of $875.9 million by 2026. Asia-Pacific region revenue was accounted for $196.9 million in 2018 and is estimated to generate a revenue of $359.5 million by 2026.

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The major key players in this market are Salter Labs, SourceMark, VBM Medizintechnik, Vyaire Medical, SunMed, Intersurgical, Verathon, Flexicare, KARL STORZ, and Ambu, Teleflex among others

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