USD 2 billion
Airway Management Devices Market Size, Share, Growth Analysis, By Type(Imfraglottic Devices (Endotracheal Tubes, Tracheostomy Tubes), Supraglottic Devices (Laryngeal Mask Airway Devices, Oropharyngeal Airway Devices), By Patient Age(Adult Patients, Pediatric Patients/Neonates), By Application(Anesthesia, Emergency Medicine, and Other applications), By End User(Hospitals (Operating Rooms, Emergency Care Departments, Intensive Care Units), Ambulatory care settings), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35B2165 |
Region:
Global |
Published Date: October, 2024
Pages:
157
|Tables:
91
|Figures:
76
Airway Management Devices Market Insights
Airway Management Devices Market size was valued at USD 2 billion in 2022 and is poised to grow from USD 2.15 billion in 2023 to USD 3.89 billion by 2031, at a CAGR of 7.7% during the forecast period (2024-2031)
Surging prevalence of respiratory disorders around the world is forecasted to drive up the sales of airway management devices in the future. Increasing of volume of surgical procedures performed globally owing to the hike in the incidence of multiple chronic and infectious diseases will also promote airway management devices market growth in the coming years. Rising investments in the research and development of new airway technologies and devices around the world are also expected to create new opportunities for airway management device companies in the long run. Growing cases of accidents and trauma are also bolstering the demand for emergency care services, which is also expected to benefit the airway management devices demand outlook in the future. Increasing need for anesthesia services across multiple healthcare establishments and increasing geriatric population are also estimated to bolster sales of airway management devices in the long run. However, the risk of cross-contamination due to reusability, high costs of advanced airway management devices, and risk of complications and infections are slated to be key restraints for airway management device companies across the study period and beyond.
US Airway Management Devices Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Hospitals
Fastest Growth
Hospitals
Growth Rate
7.7% CAGR
Global Airway Management Devices Market by region
Country Share for North America (%)
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Airway Management Devices Market Segmental Analysis
Global Airway Management Devices Market is segmented by Type, Patient Age, Application, End User, and region. Based on Type, the market is segmented into Imfraglottic Devices (Endotracheal Tubes, Tracheostomy Tubes), Supraglottic Devices (Laryngeal Mask Airway Devices, Oropharyngeal Airway Devices, Nasopharyngeal Airway Devices, Other Supraglottic Airway Devices), Laryngoscopes (Conventional Laryngoscopes, Video Laryngoscopes), Resuscitators, Cricothyrotomy kits, and Other Airway Management Devices. Based on Patient Age, the market is segmented into Adult Patients, Pediatric Patients/Neonates. Based on Application, the market is segmented into Anesthesia, Emergency Medicine, and Other applications. Based on End User, the market is segmented into Hospitals (Operating Rooms, Emergency Care Departments, Intensive Care Units), Ambulatory care settings, Home care settings, and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Airway Management Devices Market Analysis by Application
Anesthesia application of airway management devices is estimated to hold a prominent airway management devices market share over the coming years. Growing demand for anesthesia across multiple healthcare establishments owing to the rising volume of different surgical procedures ranging from cardiovascular to orthopedic will help this segment maintain its dominant stance going forward. High emphasis on improving patient care and safety coupled with efforts to improve patient outcomes in all kinds of surgeries will also present new opportunities for suppliers of airway management devices focusing on this segment in the future. Efforts to improve anesthesia delivery will also boost growth potential via this segment.
Meanwhile, the demand for airway management devices in emergency medicine applications is slated to increase at an impressive CAGR across the study period and beyond. Increasing cases of road accidents and trauma injuries around the world are boosting the adoption of airway management devices in emergency care thereby generating new business scope via this segment. Requirement of immediate intervention in chronic respiratory disorders and availability of novel airway management devices designed for emergency care usage are also expected to boost airway management devices market forecast in the long run. High investments in improving emergency care and medicine around the world will also boost airway management devices adoption in this segment through 2031.
Airway Management Devices Market Analysis by End User
Hospitals are projected to bring in the most revenue for airway management device companies in the future. Growing use of airway management devices for anesthesia administration and high number of surgeries being performed in hospitals are helping this segment emerge as a dominant one on a global level. Moreover, the high use of airway management devices for ventilation and oxygenation of patients in critical conditions in hospitals is also expected to further bolster the high airway management devices market share of this segment. Rising investments in healthcare infrastructure development and healthcare modernization will also promote sales of airway management devices in hospitals through 2031.
Meanwhile, the demand for airway management devices in home care settings is slated to increase at an impressive pace across the forecast period. Increasing preference for home care among patients, rising popularity of home care among elderly population, and growing adoption of telehealth and telemedicine practices are also expected to drive up the demand for airway management devices going forward. Rising availability of favorable reimbursement policies for home care is also estimated to create an opportune setting for airway management devices suppliers targeting this segment in the future. The United States and Japan are slated to be the key markets for airway management devices companies targeting home care.
Global Airway Management Devices Market by end-user
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Airway Management Devices Market Regional Insights
North America is forecasted to secure the top spot in the global airway management devices market forecast. Rising prevalence of chronic respiratory disorders, availability of favorable reimbursement policies, and high volume of surgeries performed in this region are helping it maintain its dominant stance on a global level. Canada and the United States are forecasted to emerge as the most opportune markets for airway management device suppliers operating in this region. High investments in R&D of advanced airway management devices and quick adoption of these novel technologies will also help North America remain the most opportune market for all airway management device providers through 2031 and beyond.
Asia Pacific is slated to emerge as the fastest expanding market for airway management device companies in the long run. Growing air pollution and lifestyle changes have resulted in the high incidence of respiratory diseases in this region thereby creating opportunities for airway management device providers. A rapidly expanding senescent population, the rising number of surgeries, and high investments in healthcare infrastructure development are slated to help this region emerge as the fastest growing one in the world. India, China, and Japan are forecasted to be the most rewarding countries for airway management device suppliers operating in this region.
Global Airway Management Devices Market by geography
- Largest
- Fastest
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Airway Management Devices Market Dynamics
Airway Management Devices Market Drivers
Growing Prevalence of Respiratory Diseases
- Increasing air pollution and growing number of smokers around the world have contributed to a high incidence of respiratory disorders such as chronic obstructive pulmonary disease (COPD), asthma, and sleep apnea. Airway management devices play a crucial role in the treatment of these disorders thereby their high occurrence will drive market growth in the future.
High Demand for Emergency Care Services
- As the incidence of emergency cases increases due to a rise in accidents and trauma injuries, it also drives up the demand for emergency care services. Airway management devices play a crucial role in ensuring patients’ survival and care in emergency situations such as cardiac arrests. Increasing training in emergency airway management will bolster airway management devices market outlook going forward.
Airway Management Devices Market Restraints
Risks of Cross-Contamination from Reusable Devices
- Airway management devices that are meant to be reused run the risk of cross-contamination and further complicate a patient’s condition. Hospitals must follow stringent sterilization procedures for reusable airway management devices, which can be costly and time-consuming thereby impeding the overall airway management devices market forecast across the study period and beyond.
High Costs of Advanced Airway management devices
- Advanced airway devices such as video laryngoscopes and fiber-optic intubation devices utilize novel technologies which often cost more to develop and implement, thereby resulting in an expensive medical device. These high costs can especially hurt airway management devices industry development in emerging countries with limited spending potential.
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Airway Management Devices Market Competitive Landscape
Airway management device companies should focus on launching new products to stay competitive in the global market. Collaborations, acquisitions, and mergers are expected to be key strategies for leading airway management device providers looking to expand their market presence. Countries with developed healthcare infrastructure will spearhead the sales of airway management devices as per this airway management devices market analysis.
Airway Management Devices Market Top Player’s Company Profiles
- Medtronic
- ICU Medical, Inc.
- Teleflex Incorporated
- Ambu A/S
- Convatec Group PLC
- Karl Storz SE & Co. KG
- Flexicare (Group) Limited
- Intersurgical Ltd.
- SunMed LLC
- Vyaire
- VBM Medizintechnik GmbH
- Verathon Inc.
- SourceMark
- Mercury Enterprises
- Atos Medical
- P3 Medical
- Henan Tuoren Medical Device Co., Ltd.
- Mederen Neotech Ltd.
- Bomimed
- Medis Medical (UK) Ltd.
- Olympus Corporation
- Armstrong Medical Ltd. (Eakin Healthcare Group)
- Nihon Kohden Corporation
- Shenzhen Hugemed Medical Technical Development Co., Ltd.
- Venner Medical Medizintechnik
Airway Management Devices Market Recent Developments
- In March 2024, the manufacturing and intellectual property rights of AG Cuffill which is used to measure pressure and volume of airway cuffs in all clinical settings were acquired by Medline from Hospitech Respiration Ltd. This move helped Medline expand its expertise and product portfolio for airway management devices.
- In May 2021, a new airway monitoring system was launched in the United States by a leading medical device provider called Medtronic. The SonarMed airway monitoring system is designed for use in neonates to reduce the risk of unplanned extubation (UE), which is quite common in hospitals.
- In May 2021, Olympus, a leading medical device technology company from Japan announced the launch of its new range of airway mobilescopes. MAF-TM2, MAF-GM2, and MAF-DM2 were launched to help medical professionals perform different types of upper and lower airway management procedures for patients.
Airway Management Devices Key Market Trends
- Use in Home Care Settings: Airway management device manufacturers should focus on the development of products that are suitable for home care use. Portable CPAP (continuous positive airway pressure) machines and nebulizers that can be used in home care environments will be high in demand for preference for home care among elderly increases rapidly in most parts of the world.
- Development of Disposable Airway Management Devices: Airway management device companies should focus on developing products that are disposable as they are not prone to risks of cross-contamination and eliminate the need for sterilization. This type of disposable airway management device is projected to be high in demand in busy healthcare settings such as emergency care.
Airway Management Devices Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the growing incidence of respiratory disorders and surging demand for better emergency care services are forecasted to drive growth in the airway management devices industry. On the contrary, risk of cross-contamination due to reuse and high costs of advanced airway management devices are slated to be key constraints troubling airway management device companies going forward. Changing lifestyles and increasing surgical procedure volumes are helping the Asia Pacific region become the fastest expanding market for airway management devices providers around the world. The development of disposable airway management devices and use in home care settings are slated to be key airway management devices market trends to focus on in the long run.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 2 billion |
| Market size value in 2031 | USD 3.89 billion |
| Growth Rate | 7.7% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Airway Management Devices Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Airway Management Devices Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Airway Management Devices Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Airway Management Devices Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Airway Management Devices Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Airway Management Devices Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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