The global airway management devices market is expected to
reach USD 2.1 billion by 2025, according to a new study by Grand View Research,
Inc. The growing prevalence of chronic respiratory diseases is a high impact
rendering growth driver for this market. This increasing prevalence is presumed
to be driving the clinical urgency to adopt airway management devices in order
to improve the existing ventilation solutions and prevent conditions such as
laryngospasms as well as reduce long-term cost associated with the conventional
methods.
In addition, advent of
new-generation devices that incorporate a wide array of fiber optic, optical,
video, and mechanical technologies to facilitate better view of and help
management of difficult airways are gaining popularity. For instance, video
laryngoscopes, which allow real-time and enhanced visualization, are rapidly
becoming first-line measure in emergency care for efficient difficult airway
management in hospitals as well as outpatient settings. The benefits of
consistent technological advancements include improved optics, better
aspiration capabilities, battery-powered light sources, increased angulation
capabilities, and improved reprocessing procedures. The aforementioned benefits
are anticipated to present the market with lucrative growth opportunities
during the forecast period.
Access Research Report of Airway Management Devices Market @ www.grandviewresearch.com/industry-analysis/airway-management-devices-market
Further key findings from the study suggest:
· Supraglottic segment is expected to exhibit
lucrative growth during the forecast period. The exponential growth can be
attributed to increasing adoption of laryngeal masks in wide range of clinical
applications, such as cardiopulmonary resuscitation and other medical
emergencies
· Emergency medicine is anticipated to
exhibit lucrative CAGR during the forecast period owing to increasing
significance of these devices in rapid sequence intubation
· In 2016, North America held a dominant
share of the global market as a consequence of local presence of prominent
market players working toward extensive commercialization of their product
portfolio
· Asia Pacific is anticipated to grow at an
exponential CAGR due to unmet patient needs, continuous technological &
infrastructural upgradation, and increasing healthcare expenditure
· The key participants such as Ambu A/S,
Teleflex, Smiths Medical, Medtronic, Intersurgical, Armstrong Medical Limited
and Becton Dickinson and Company are employing sustainability strategies to
gain competitive advantage.
· For instance, in September 2016, Ambu A/S
completed the acquisition of ETView Medical Ltd., a medical device
manufacturer. The acquisition was carried out to cater unmet patient needs and
provide advanced products that allow continuous airway monitoring
Grand View Research has
segmented the airway management devices market on the basis of product,
application, end use, and region:
Airway Management Devices Product Outlook
(Revenue, USD Million, 2014 - 2025)
·
Supraglottic Devices
o
Oropharyngeal Devices
o
Nasopharyngeal Devices
o
Laryngeal Airway Masks
o
Others
·
Infraglottic Devices
o
Endotracheal Tubes
o
Tracheostomy Tubes
o
Others
·
Resuscitators
·
Laryngoscopes
·
Others
Airway Management Devices Application
Outlook (Revenue, USD Million, 2014 - 2025)
·
Anesthesia
·
Emergency Medicine
·
Others
Airway Management Devices End-Use Outlook
(Revenue, USD Million, 2014 - 2025)
·
Hospitals
·
Homecare
·
Others
Airway Management Devices Regional Outlook
(Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
UK
o
Germany
·
Asia Pacific
o
Japan
o
China
o
India
·
Latin America
o
Mexico
o
Brazil
·
MEA
o
South Africa
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business decisions,
we offer market intelligence studies ensuring relevant and fact-based research
across a range of industries, from technology to chemicals, materials and
healthcare.
