What is Global Airway Management Devices Market?
The Global Airway Management Devices Market is a vast and dynamic sector that plays a crucial role in the healthcare industry. These devices are essential tools used by healthcare professionals to establish and maintain a patient's airway during surgical procedures or in emergency situations. They are designed to ensure unobstructed respiratory pathways, allowing for adequate oxygenation and ventilation, which is critical for patient survival. The market encompasses a wide range of devices, including endotracheal tubes, laryngeal masks, and other airway management tools. As of 2022, the market was valued at a substantial US$ 1180 million, indicating its significant economic impact. However, this is not the limit of its potential. It is projected to reach an impressive US$ 1557.9 million by 2029, growing at a steady compound annual growth rate (CAGR) of 4.0% from 2023 to 2029. This growth can be attributed to the increasing demand for these devices due to the rising incidence of respiratory diseases, advancements in technology, and the growing need for emergency care.
Endotracheal Tubes, Laryngeal Mask Airway, Others in the Global Airway Management Devices Market:
The Global Airway Management Devices Market is segmented into various types of devices, including endotracheal tubes, laryngeal mask airway, and others. Endotracheal tubes are commonly used in the management of the airway during surgeries and in critical care settings. They are inserted into the patient's trachea through the mouth or nose to ensure a clear airway and facilitate ventilation. Laryngeal mask airways, on the other hand, are devices that are placed over the larynx. They are used in situations where endotracheal intubation is not necessary or feasible. Other airway management devices include bronchial blockers, supraglottic airway devices, and video laryngoscopes, among others. Each of these devices has its own unique features and applications, making them indispensable in different clinical scenarios. The laryngeal mask airway segment holds the largest share in the market, accounting for over 50% of the total. This can be attributed to its ease of use, versatility, and effectiveness in a wide range of situations.
Non-Emergency Surgery, ICU or Emergency Room, Others in the Global Airway Management Devices Market:
The Global Airway Management Devices Market finds its applications in various areas, including non-emergency surgery, intensive care units (ICU), emergency rooms, and others. In non-emergency surgeries, these devices are used to maintain the patient's airway during the procedure, ensuring adequate oxygenation and ventilation. In the ICU or emergency room, they are used in critical situations where the patient's airway is compromised, such as in cases of trauma, severe respiratory distress, or cardiac arrest. Other applications include pre-hospital emergency care, where these devices are used by paramedics and emergency medical technicians in the field to manage the airways of patients before they reach the hospital. The versatility and effectiveness of these devices in different settings contribute to their growing demand, driving the growth of the market.
Global Airway Management Devices Market Outlook:
To put the Global Airway Management Devices Market into perspective, in 2022, the market was valued at US$ 1180 million. This figure is expected to rise to US$ 1557.9 million by 2029, marking a significant increase. This growth is expected to occur at a compound annual growth rate (CAGR) of 4.0% during the forecast period from 2023 to 2029. The market is dominated by the top four manufacturers, who collectively hold a market share of over 50%. In terms of product segmentation, the laryngeal mask airway segment holds the lion's share, accounting for over 50% of the market. This dominance can be attributed to the device's versatility and ease of use in a variety of clinical scenarios.
| Report Metric | Details |
| Report Name | Airway Management Devices Market |
| Accounted market size in 2022 | US$ 1180 in million |
| Forecasted market size in 2029 | US$ 1557.9 million |
| CAGR | 4.0% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Teleflex/LMA, Medtronic, Ambu, Intersurgical, Carefusion, Mercury Medical, Wellead, Unomedical, Smiths Medical, TUOREN, Medline, IAWA, Medis, Armstrong Medical Limited, Zhejiang Sujia, Songhang |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
