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

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.