Airway Management Devices Market Insights:
The Airway Management Devices Market size was valued at USD 2.15 Billion in 2022, expecting a CAGR of 7.5% during the forecast period (2023-2030), and the market is projected to be worth USD 3.83 Billion by 2030.
The increased adoption of Airway Management Devices in the Medical Devices industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Airway Management Devices also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Airway Management Devices in many sectors also boosts the market growth during the forecast period.
Airway management devices are medical instruments used to maintain an open airway and support breathing in patients who are unable to do so independently. They are commonly used in emergency medicine, critical care, anesthesia, and respiratory therapy. Airway management devices can be used to provide a clear airway, remove secretions, deliver oxygen or other gases, and support mechanical ventilation. They can also be used to facilitate endotracheal intubation or tracheostomy, which involves inserting a tube into the trachea to maintain an airway.
Airway Management Devices Market Research Report” was just released by Market Research Community. It is divided into several categories, including By Device Type (Infraglottic Devices, Supraglottic Devices, Laryngoscopes, Resuscitators, Others), By Patient Age (Adult Patients, Pediatric Patients), By End Use (Ambulatory Care, Home Care, Hospitals), and companies (Medtronic plc, Smiths Medical, Inc., Teleflex Incorporated, Ambu A/S, Convatec Group, Flexicare, Intersurgical Ltd., SunMed LLC, Vyaire Medical, KARL STORZ), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 7.5%, over the forecast period of 2023–2030.
|Report Attributes||Report Details|
|Market Size in 2030 (USD Billion)||3.83 Billion|
|By Device Type||Infraglottic Devices, Supraglottic Devices, Laryngoscopes, Resuscitators, Others|
|By Patient Age||Adult Patients, Pediatric Patients|
|By End Use||Ambulatory Care, Home Care, Hospitals|
|By Geography||North America, Europe, Asia Pacific, Latin America, Middle East and Africa|
|Key Players||Medtronic plc, Smiths Medical, Inc., Teleflex Incorporated, Ambu A/S, Convatec Group, Flexicare, Intersurgical Ltd., SunMed LLC, Vyaire Medical, KARL STORZ|
The COVID-19 pandemic has had a substantial negative influence on the Airway Management Devices market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
Medtronic plc, Smiths Medical, Inc., Teleflex Incorporated, Ambu A/S, Convatec Group, Flexicare, Intersurgical Ltd., SunMed LLC, Vyaire Medical, KARL STORZ
Market Segment Analysis:
By Device Type
- Infraglottic Devices
- Supraglottic Devices
By Patient Age
- Adult Patients
- Pediatric Patients
By End Use
- Ambulatory Care
- Home Care
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2022, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Airway Management Devices industries in the region.
Key Airway Management Devices Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Airway Management Devices Market segments.
– Largest Market Share Held by Industry to Industry for Airway Management Devices
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Airway Management Devices Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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