Global Anaesthesia Laryngeal Masks Market

Anaesthesia Laryngeal Masks Market Size, Share, Growth Analysis, By Product Type(Disposable, and Reusable), By End-User(Hospitals, and Ambulatory Surgical Centres.), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35C2027 | Region: Global | Published Date: May, 2024
Pages: 219 | Tables: 61 | Figures: 75

Anaesthesia Laryngeal Masks Market Insights

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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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 anesthesia laryngeal mask market is characterized by the presence of several key players competing for market share and differentiation. Major companies such as Ambu A/S, Teleflex Incorporated, Medtronic plc, Intersurgical Ltd., and Smiths Medical, among others, dominate the market with their extensive product portfolios, presence and strong distribution networks. These companies continuously invest in R&D activities to introduce innovative products with enhanced features, improve patient outcomes, and gain a competitive edge. Additionally, strategic initiatives such as mergers, acquisitions, partnerships, and collaborations are common in this market, aimed at expanding product offerings, geographical reach, and market presence. The market also consists of smaller players and niche manufacturers catering to specific segments or regional markets, contributing to market diversity and innovation. Factors such as product quality, pricing strategies, regulatory compliance, customer service, and brand reputation play crucial roles in shaping the competitive dynamics of the anesthesia laryngeal mask market. 'Ambu A/S (Denmark)', 'Teleflex Incorporated (US)', 'Medtronic plc (Ireland)', 'Intersurgical Ltd. (UK)', 'Smiths Medical (UK)', 'VBM Medizintechnik GmbH (Germany)', 'Armstrong Medical Ltd. (UK)', 'Medline Industries, Inc. (US)', 'Fannin Ltd. (Ireland)', 'Medis Medical (Netherlands)', 'Flexicare Medical Limited (UK)', 'O-Two Medical Technologies Inc. (Canada)', 'Besmed Health Business Corp. (Taiwan)', 'Henan Tuoren Medical Device Co., Ltd. (China)', 'KindWell Medical Equipment Co., Ltd. (China)', 'Zhuhai Yida Medical Equipment Co., Ltd. (China)', 'Smiths Group plc (UK)', 'Henan Medical Technology Co., Ltd. (China)', 'Smiths Medical China (China)', 'Medisize (US)'

The increasing number of surgical procedures globally due to factors such as aging populations, a rise in chronic diseases and technological advancements in surgical techniques has driven the demand for anaesthesia laryngeal masks as a vital component of airway management during anaesthesia delivery.

There is a growing call for disposable laryngeal masks in the Anesthesia laryngeal masks marketplace. Disposable masks provide convenience and reduce the chance of cross-contamination compared to reusable masks. There has been an increasing number of adoptions of disposable laryngeal masks to keep excessive standards of hygiene and contamination manipulated.

Based on the geography, the Anaesthesia Laryngeal Masks market is segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa.

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Global Anaesthesia Laryngeal Masks Market

Report ID: SQMIG35C2027

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