Global $2+ Billion Airway Management Devices Market by Type, End-user, Patient Age, and Region - Forecast to 2024 - ResearchAndMarkets.com
The global airway management devices market is expected to reach USD 2,034.2 million by 2024 from an estimated USD 1,589.3 million in 2019, at a CAGR of 5.1%.
The "Airway Management Devices Market by Type (Supraglottic Device (LMAs, OPAs, NPAs), Infraglottic Device (Endotracheal Tubes, Tracheostomy Tubes), Resuscitators, Laryngoscopes), End User (OR, ICU), Patient Age - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
The global airway management devices market is expected to reach USD 2,034.2 million by 2024 from an estimated USD 1,589.3 million in 2019, at a CAGR of 5.1%.
The growth of the airway management devices market is driven mainly by the rising prevalence of chronic respiratory diseases; increasing demand for emergency care; high incidence of preterm births; growth in investments, funds, and grants by government bodies for improving emergency care infrastructure. Also, emerging economies (such as China, India, Brazil, and Mexico) are expected to offer lucrative growth opportunities for market players in the airway management devices market.
However, factors such as the harmful effects of certain devices on neonates, the dearth of skilled professionals, and increasing pricing pressure on market players are adversely impacting the growth of the market.
By type, the endotracheal tubes segment accounted for the largest share of the infraglottic airway management devices market
Based on type, infraglottic airway management devices are further segmented into endotracheal tubes and tracheostomy tubes. In 2018, the endotracheal tubes segment accounted for the largest share of the infraglottic devices market. The large share of this segment is attributed to factors such as the high incidence of respiratory diseases and high preference for endotracheal tubes by medical professionals.
By type, the laryngeal mask airways segment accounted for the largest share of the supraglottic airway management devices market
Based on type, the supraglottic airway management devices market is segmented into laryngeal mask airways, oropharyngeal airways, nasopharyngeal airways, and other supraglottic devices. In 2018, the laryngeal mask airways segment accounted for the largest share of the global supraglottic airway management devices market. The rising incidence of road accidents, preterm births, and chronic diseases, along with the availability of variants in LMA devices, is likely to increase the demand for LMAs in the coming years.
By type, the conventional laryngoscopes segment accounted for the largest share of the laryngoscopes market
Based on type, the laryngoscopes market is segmented into conventional laryngoscopes and video laryngoscopes. In 2018, the conventional laryngoscopes segment accounted for the largest share of the global laryngoscopes market. This can be attributed to the rising need for intubation and the growing burden of respiratory complications due to rising pollution and chronic respiratory disease prevalence and lower cost of conventional laryngoscopes.
The Asia-Pacific is expected to witness the highest growth during the forecast period
North America is expected to account for the largest share of the global airway management devices market in 2019, followed by Europe. However, the Asia Pacific is expected to witness the highest CAGR during the forecast period. This can be attributed to the presence of high-growth markets such as Japan, China, India, South Korea, Taiwan, Australia, and Singapore; rapid growth in the geriatric population; increasing demand for critical care units; supportive reimbursement policies in Japan; the implementation of favorable government initiatives; growing per capita income; increasing investments in the healthcare industry by key market players; rising demand for cutting-edge technologies; and the expansion of private-sector hospitals to rural areas.
Competitive Landscape
The prominent players in the airway management devices market are Medtronic (Ireland), Smiths Medical (US), Teleflex (US), Ambu (Denmark), KARL STORZ (Germany), Flexicare (US), Verathon (US), Intersurgical (UK), SunMed (US), Vyaire Medical (US), VBM Medizintechnik (Germany), SourceMark (US), and Salter Labs (US).
Key Topics Covered
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Airway Management Devices: Market Overview
4.2 North America: Market, By Type, 2018
4.3 Europe: Market, By End User, 2018
4.4 Geographical Snapshot of the Market
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Prevalence of Chronic Respiratory Diseases
5.2.1.2 Increasing Demand for Emergency Care
5.2.1.3 High Incidence of Preterm Births
5.2.1.4 Growth in Investments, Funds, and Grants by Government Bodies for Improving Emergency Care Infrastructure
5.2.2 Opportunities
5.2.2.1 Growth Potential in Emerging Countries
5.2.3 Challenges
5.2.3.1 Harmful Effects of Certain Devices on Neonates
5.2.3.2 Dearth of Skilled Professionals
5.2.3.3 Increasing Pricing Pressure on Market Players
6 Airway Management Devices Market, By Type
6.1 Introduction
6.2 Infraglottic Airway Management Devices
6.2.1 Endotracheal Tubes
6.2.1.1 Growing Number of Surgical Procedures is Expected to Drive the Market
6.2.2 Tracheostomy Tubes
6.2.2.1 Introduction of Advanced and Ergonomic Products Will Drive Market Growth
6.3 Supraglottic Airway Management Devices
6.3.1 Laryngeal Mask Airways
6.3.1.1 Increasing Usage of LMAS Outside Operating Room Setting - Key Factor to Boost the Market
6.3.2 Oropharyngeal Airways
6.3.2.1 Risks Associated With OPAS Restrain Market Growth
6.3.3 Nasopharyngeal Airways
6.3.3.1 Possibility of Complications has Reduced the Overall Use of Nasopharyngeal Airways
6.3.4 Other Supraglottic Airway Devices
6.4 Resuscitators
6.4.1 Resuscitators are Used to Provide Temporary Oxygenation and Ventilation
6.5 Laryngoscopes
6.5.1 Conventional Laryngoscopes
6.5.1.1 Conventional Laryngoscopes Help Ensure Convenient, Cost-Effective, and Reliable Access to Patient Airways
6.5.2 Video Laryngoscopes
6.5.2.1 High Cost Limits the Adoption of Video Laryngoscopes in Developing Economies
6.6 Other Airway Management Devices
7 Market, By End-user
7.1 Introduction
7.2 Operating Rooms
7.2.1 Growing Number of Surgical Procedures has Driven Market Growth in This Segment
7.3 Emergency Care Departments
7.3.1 Rising Number of Emergency Visits Will Drive Demand for Airway Management Devices
7.4 Intensive Care Units
7.4.1 Increasing Complications Related to Airway Management in ICU Patients is Driving Market Growth
7.5 Other End Users
8 Market, By Patient Age
8.1 Introduction
8.2 Adult Patients
8.2.1 High Prevalence of Chronic Diseases Among Adult Patients to Support Market Growth
8.3 Pediatric Patients/Neonates
8.3.1 Pediatric Patients Segment to Register the Highest Growth During the Forecast Period
9 Airway Management Devices Market, By Region
9.1 Introduction
9.2 North America
9.2.1 US
9.2.1.1 The US Dominates the North American Market
9.2.2 Canada
9.2.2.1 The Increasing Incidence of COPD is Driving the Adoption of Airway Management Devices in Canada
9.3 Europe
9.3.1 EU5
9.3.1.1 Roust Healthcare System and Increasing Incidence of Preterm Births are Driving the Adoption of Airway Management Devices in the EU5
9.3.2 Rest of Europe
9.4 Asia Pacific
9.4.1 China and India are the Fastest-Growing Markets in the APAC
9.5 Rest of the World
10 Competitive Landscape
10.1 Introduction
10.2 Market Share Analysis (2018)
10.3 Competitive Leadership Mapping
10.3.1 Visionary Leaders
10.3.2 Innovators
10.3.3 Dynamic Differentiators
10.3.4 Emerging Companies
10.4 Competitive Scenario
11 Company Profiles
11.1 Medtronic
11.2 Smiths Medical (A Division of Smiths Group PLC)
11.3 Teleflex
11.4 AMBU
11.5 Karl Storz
11.6 Flexicare
11.7 Intersurgical
11.8 Sunmed
11.9 Vyaire Medical
11.10 Vbm Medizintechnik
11.11 Verathon (A Part of Roper Technologies)
11.12 Sourcemark
11.13 Salter Labs
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