Airway Management Market Landscape
Airway Management Market’s sales would rise at a CAGR of 5.2% as Covid-19 damage to the most significant business in previous months. Market Research Future attempts a study on the global Airway Management Market 2020 and states that the market would hit to USD 1,764.47 Million by 2025. Further, the market shows a high expectancy rate to generate revenue during the years—2019–2025 (the forecasted period).
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Airway Management Market Growth Boosters
The pandemic will affirmatively impact the market in the coming years. The market is predicted to expand owing to ascend in chronic diseases, and it is predicted to be the foremost driving factor for the market in the assessment period. The airway management devices market is estimated to expand with the fact of the rise in chronic diseases among adults as well as the geriatric population. As claimed by the World Health Organization, 90% of deaths occur causative to chronic obstructive pulmonary diseases (COPD) globally.
Escalating demand for airway management devices and a surge in incidents of preterm birth is predicted to be the foremost driving factors for the market. Also, the growth potential in emerging countries is estimated to produce more opportunities in the forecast period.
The pandemic situation caused by COVID 19 is predicted to have an optimistic impact on the global airway management devices market. It is due to the technological advancement in the airway management market that is foretold to create additional investment opportunities for the investors in the forecast period. In the case of point, video laryngoscopes are widely available in the market, used to treat chronic lung diseases. Also, these can be easily used by the operator. Besides, limited ventilation in most of the medical institutions globally facilitated the manufacturer to produce more airway management devices, which is expected to create more and more opportunities to market in the forecast period.
MRFR further finds that currently, manufacturers of the airway management market are consistently making changes in their product category and technologies to enhance the capabilities of the devices associated with it. This is expected to develop more sales and upsurge the market share for the long term. In the case of point, Teleflex Incorporated launched LMA Gastro Airway, a laryngeal mask with Cuff Pilot Technology—a primary laryngeal mask designed to facilitate esophageal access and promote airway control during endoscopic procedures. In fact, Smith Medical introduced Protex Bivona FlexTend TTS tracheostomy tubes for newborns and pediatric patients in its standard product line.
On the contrary, the factor of unavailability of skilled labor is estimated to be the remarkable restraint for the expansion of the global airway management market.
Airway Management Market Segment Review
Depending on the product type segment, the Airway Management Market has broadly included infra-glottic, supraglottic, accessories, laryngoscopes, anesthesia masks, and others. Among these, the supraglottic segment gains the high prominence in an airway management market as it is used to maintain the airway in the time of surgeries. It is further segmented into a laryngeal mask, nasopharyngeal, oropharyngeal airways, and others.
Depending on the application segment, the market has included general anesthesia, respiratory care, surgery, and others.
Depending on the end-user segment, the market has included hospitals and surgical centers.
Airway Management Market Regional Framework
The American region acquired the prevalent share region owing to the intensifying number of road accidents in this region. Airway management is chiefly used in cases of surgical procedures, fatal injuries, and accidents. Thus, it is projected that it will boost the market growth in the future.
The European market holds the second-largest share owing to escalating surgical procedures in the region. In the case of point, back in the year 2017, Germany grabbed around 0.86 million surgical procedures. This is a decisive factor that is supporting the market growth in the region.
Asia-Pacific is the fastest-growing market for airway management on account of the escalating awareness about technological advancements and the application of airway management.
The Middle East & Africa region is probable to grab the least share of the market owing to the limited technological developments and accessibility to healthcare, restricting the expansion of the airway management market.
Airway Management Market Vendors Landscape
Medtronic (Ireland), Teleflex Incorporated (US), Smiths Group PLC [UK] (Smiths Medical), Vyaire Medical (US), Sunmed (US), Vbm Medizintechnik GmbH (Germany), Sourcemark (US), Roper Technologies (US) (Verathon Inc.), Ambu A/S (Denmark), Salter Labs (US) and Intersurgical Inc (UK) are the crucial vendors of the market.
Table Of Contents
1. REPORT PROLOGUE
2. MARKET INTRODUCTION
2.1. Definition
2.2. Scope Of The Study
2.2.1. Research Objective
2.2.2. Assumptions
2.2.3. Limitations
3. RESEARCH METHODOLOGY
3.1. Overview
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
4. MARKET DYNAMICS
4.1. Overview
4.2. Drivers
4.3. Restraints
4.4. Opportunities
5. MARKET FACTOR ANALYSIS
…TOC Continued
LIST OF TABLES
TABLE 1 GLOBAL AIRWAY MANAGEMENT MARKETMARKET SYNOPSIS, 2019–2025
TABLE 2 GLOBAL AIRWAY MANAGEMENT MARKETMARKET ESTIMATES & FORECAST, 2019–2025 (USD MILLION)
TABLE 3 GLOBAL AIRWAY MANAGEMENT MARKETMARKET, BY PRODUCT TYPE, 2019–2025 (USD MILLION)
TABLE 4 GLOBAL AIRWAY MANAGEMENT MARKETMARKET, BY TECHNIQUES, 2019–2025 (USD MILLION)
TABLE 5 GLOBAL AIRWAY MANAGEMENT MARKETMARKET, BY APPLICATION, 2019–2025 (USD MILLION)
TABLE 6 GLOBAL AIRWAY MANAGEMENT MARKETMARKET, BY END USER, 2019–2025 (USD MILLION)
…Continued
LIST OF FIGURES
FIGURE 1 RESEARCH PROCESS
FIGURE 2 MARKET STRUCTURE FOR THE GLOBAL AIRWAY MANAGEMENT MARKETMARKET
FIGURE 3 MARKET DYNAMICS FOR THE GLOBAL AIRWAY MANAGEMENT MARKETMARKET
FIGURE 4 GLOBAL AIRWAY MANAGEMENT MARKETMARKET SHARE, BY PRODUCT TYPE, 2018 (%)
FIGURE 5 GLOBAL AIRWAY MANAGEMENT MARKETMARKET SHARE, BY TECHNIQUES, 2018 (%)
FIGURE 6 GLOBAL AIRWAY MANAGEMENT MARKETMARKET SHARE, BY APPLICATION, 2018 (%)
…Continued
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