- Wide application for various respiratory dysfunction in adult population drives the prospects in the airway management devices market, valuation to climb at a CAGR of 4.8% from 2018 to 2026
- Relentless research in developing portable and clinically effective airway management devices help North America and Europe to become increasingly lucrative regional markets
ALBANY, N.Y., Dec. 14, 2020 /PRNewswire/ -- A wide assortment of airway management devices have been adopted in operating rooms and surgical settings for pediatrics, infants, and adults. The portability of these and growing clinical effectiveness of these in managing various types of respiratory diseases are bolstering the expansion of avenues in the airway management devices market. The advent of supraglottic airway devices has imparted a marked flexibility to treatment of airway obstructions, especially in adults.
Analysts at TMR project the airway management devices market to clock a CAGR of 4.8% from 2018 to 2026, and reach worth of 1,266.0 Mn by 2026-end.
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Key Findings of Airway Management Devices Market Report
- Of the various product types, supraglottic device is considered to be the leading segment in airway management devices market throughout forecast period
- Based on patient age, adult holds the dominant share
- Of the various end users, operating rooms (OR) is expected to hold ~ 45.5% in airway management devices during the forecast period
- Of the various end users, airway management devices holds the leading share
- Regionally, North America held the major market share in 2017 and is expected to retain its lead
- Europe holds a prominent share
- North America market is expected to be trailed by Asia Pacific, in relation to revenue share
- Middle East and Africa and Latin America expected to be lucrative markets
Explore 157 pages of top-notch research, incisive insights, and detailed country-level projections on Airway Management Devices Market (Product Type - Supraglottic Device, Infraglottic Device, Resuscitators, Laryngoscope; Patient Age - Adult, Pediatric; End user - Operating Room (OR), Intensive Care Unit (ICU)) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026 at https://www.transparencymarketresearch.com/report-toc/54603
Airway Management Devices Market: Key Driving Factors and Promising Avenues
- Growing demand for managing complex airway problems in emergency settings is a key trend bolstering the expansion of the airway management devices market.
- Recent few decades have seen continuous advances made in techniques and devices used in airway management in premature babies, thus expanding the market avenue.
- Growing prevalence of chronic respiratory diseases and respiratory dysfunction in adults are key factors spurring the pace of the innovation in the airway management devices market.
- Rise in clinical prospect of airway management devices in emergency settings and operating rooms is boosting the growth of the market.
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- A number of supraglottic airway devices have been developed to meet the needs in critical care units.
- Advances made in healthcare services have also focused on achieving successful intubation with the help of portable airway management devices. Emerging economies have seen progress made in endotracheal intubation.
- Growing indication of superglottic devices in chronic obstructive pulmonary disorder is bolstering the expansion of the market.
- Advances made in anesthesia induction procedures have also boosted the clinical outcomes of airway management devices.
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Airway Management Devices Market: Regional Landscape
On the regional front, North America held the dominant share in 2017 in airway management devices market and is expected to lead throughout the assessment period. Advances made in airway management devices for various respiratory conditions are bolstering the revenues in the regional market.
Europe and Asia Pacific are considered remarkably lucrative regions. The growth in these regional markets is driven by substantial adoption of high-end devices in operating rooms. Medical technologies have also witnessed rapid adoption in meeting the needs of patients with respiratory dysfunction. The developed economies in these regions are focusing on boosting clinical skills in airway management.
Airway Management Devices Market Segmentation is as follows:
- By Product Type
- Supraglottic Device
- Infraglottic Device
- Resuscitators
- Laryngoscope
- By Patient Age
- Adult
- Pediatric
- By End User
- Operating Room (OR)
- Intensive Care Unit (ICU)
- By Region
- North America
- Latin America
- Middle East and Africa
- Asia Pacific
- Europe
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