Report ID: SQMIG35C2027
Report ID:
SQMIG35C2027 |
Region:
Global |
Published Date: May, 2024
Pages:
219
|
Tables:
61 |
Figures:
75
Global Anaesthesia Laryngeal Masks Market size was valued at USD 30.1 million in 2022 and is poised to grow from USD 32.2 million in 2023 to USD 51.56 million by 2031, growing at a CAGR of 7.2% during the forecast period (2024-2031).
The anaesthesia laryngeal mask market shows a sustained growth trajectory driven by factors such as increasing surgical procedures globally and expansion of healthcare infrastructure particularly in emerging markets such as the Asia-Pacific region and parts of Latin America and Africa, increases access to surgical facilities and drives demand for anaesthesia laryngeal masks in these regions.
Technological advancements, including improvements in materials and design, are enhancing the performance and utility of laryngeal masks, further driving market demand. Moreover, rising healthcare expenditure, along with a growing focus on patient safety and infection control measures aimed at improving healthcare infrastructure and services, provides opportunities for market growth by increasing the adoption of anaesthesia laryngeal masks in healthcare facilities.
The shift towards outpatient surgery and the expansion of ambulatory surgical centres are also contributing to market growth. The growing trend towards outpatient or ambulatory surgery due to its cost-effectiveness, convenience, and advances in Anaesthesia techniques, also contributes the demand for anaesthesia laryngeal masks in ambulatory surgical centres and outpatient facilities.
However, challenges such as limitation of skilled healthcare professionals, regulatory compliance, safety concerns, and pricing pressures remain, necessitating continuous innovation and collaboration among stakeholders to overcome these barriers and capitalize on market opportunities.
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Report ID: SQMIG35C2027