Global Airway Management Devices Market

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 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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FAQs

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)

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.  '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'

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.  

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.  

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.  

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Global Airway Management Devices Market

Report ID: SQMIG35B2165

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