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Airway Management Devices Market Report: Overview, Analysis, Applications

The airway management devices market is projected to reach USD 2.5 billion by 2026 from USD 1.9 billion in 2021, at a CAGR of 5.8% during the forecast period. Airway management devices market is majorly driven by the increasing prevalence of chronic respiratory diseases such as COPD and asthma and surge in the number of patients requiring intensive and emergency care.

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Airway Management Devices Market Report: Overview, Analysis, Applications

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  1. MarketsandMarkets Presents Airway Management Devices Market worth $2.5 billion by 2026 https://www.marketsandmarkets.com/Market-Reports/airway-management-device-market-116806061.html

  2. The report "Airway Management Devices Market by type (Endotracheal tubes, Tracheostomy tube, LMA, Oropharyngeal, Nasopharyngeal, Laryngoscopes, Bougies), Application (Anesthesia, Emergency medicine), End user (Hospitals), COVID-19 Impact - Global Forecast to 2026" The airway management devices market is projected to reach USD 2.5 billion by 2026 from USD 1.9 billion in 2021, at a CAGR of 5.8% during the forecast period. Increasing prevalence of chronic respiratory diseases and respiratory tract infections have surged the demand for airway rescue among affected patients. As a result, the airway management devices market is witnessing a steady growth globally. Also, increasing admissions across emergency & intensive care units, favorable reimbursement coverage for airway management devices across developed countries, rise in geriatric population, growing investments in healthcare infrastructure, and high incidence of pre-term births are supporting the growth of the market. Download a PDF Brochure: https://www.marketsandmarkets.com/pdfdownload

  3. Objectives of the Study: • The laryngoscopes segment is expected to grow at the highest CAGR during the forecast period • The anesthesia segment is expected to account for the largest share of the airway management devices market by application • The paediatric patient segment is expected to grow at the highest rate during the forecast period • Hospitals in end-user segment is expected to account for the largest share of the airway management devices market • Asia Pacific is expected to account for the highest CAGR for players operating in the airway management devices market • Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalyst

  4. The study categorizes the airway management devices based on type, application, patient age, end user, and global level. • Global Airway Management Devices Market, by Type • Infraglottic Airway Management Devices • Supraglottic Airway Management Devices • Laryngoscopes • Resuscitators • Global Airway Management Devices Market, by Application • Anaesthesia • Emergency Medicine • Others • Global Airway Management Devices Market, by Patient Age • Adult Patients • Pediatric/Neonatal Patients • Global Airway Management Devices Market, by End User • Hospitals • Operating Rooms • Emergency Care Departments • Intensive Care Units • Ambulatory Care Settings • Home Care Settings

  5. The prominent players in this market are Medtronic plc (Ireland), Smiths Medical (UK), Teleflex Inc. (US), and Ambu A/S (Denmark), ConvaTec Group plc (UK), KARL STORZ (Germany), Flexicare (US), Intersurgical Ltd. (UK), SunMed LLC (US), Vyaire Medical (US), and VBM Medizintechnik (Germany).

  6. Companies Insight Smiths Medical held the second position in the global market. The company provides endotracheal tubes, endobronchial tubes, intubation accessories, laryngoscopes, and specialty airway products. In 2020, the company’s vital care segment (offering airway management devices) generated about USD 421.5 million. Smiths Medical is present in over 120 countries with operations in ~30 locations, with manufacturing sites located in North America, Europe, and Asia. It focuses on product innovation to expand its portfolio, enter new markets, and build a better network to gain a wider customer base. The company has created a strong foothold in the airway management devices market due to its diversified product portfolio and its focus on organic business strategies. The company invested about 5.9% of its sales revenue (USD 71.1 million) in R&D in FY 2020, compared to USD 64.1 million invested in FY 2019. Medtronic Plc (Ireland) held the leading position in the airway management devices market in 2020. The company offers a wide range of airway management devices including Infraglottic airway management devices, supraglottic airway management devices, laryngoscopes, and other airway management devices such as stylets, CO2 detector, valves, and cannula. The company has a strong geographic presence established through its manufacturing and distribution facilities, across the globe. The company leverages its research capabilities and innovative product portfolio to ensure a leading position in the airway management devices market. In FY 2020, the company invested USD 2,331 million in R&D, up from USD 2,253 million in FY 2018.

  7. Contact Us Contact:Mr. Aashish MehraMarketsandMarkets™ INC. 630 Dundee Road, Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com Press release: https://www.marketsandmarkets.com/PressReleases/airway-management-device.asp Research insights: https://www.marketsandmarkets.com/ResearchInsight/airway-management-device-market.asp

  8. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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