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Airway Management Devices Market is estimated to surpass USD 2 Billion during the forecast period by 2026

February 3rd, 2022 DelveInsight Business Research Releases

 

The global Airway Management Devices Market was valued at USD 1.51 billion in 2020 and is contemplated to increase at a CAGR of 6.20% from 2021 to 2026, to reach USD 2.35 billion by 2026. 

The key factors driving the Airway Management Devices Market growth include the rise in chronic respiratory diseases prevalence such as asthma and COPD, the outbreak of the COVID-19 pandemic, increased admissions to emergency and intensive care units, and the introduction of technologically advanced devices by leading companies such as Teleflex Incorporated, Stryker Corporation, Medtronic PLC, SunMed, Smiths Medical PLC, Mercury Medical, TRACOE medical GmbH, Olympus Corporation, and others.

DelveInsight’s Airway Management Devices Market Insights and Forecast provides the current and forecasted market trends for the next five years, upcoming innovation in the devices, individual market shares, challenges, drivers, barriers, and key competitors in the Airway Management Devices Market. 

Airway Management Devices Overview

Airway management is the assessment, organization, and application of various medical procedures and devices to maintain or restore a safe, effective pathway for oxygenation and ventilation. These procedures are prescribed for patients who have an airway obstruction or respiratory failure. 

The indications that require airway management include respiratory failure (hypoxic or hypercapnic), apnea, a reduced level of consciousness, a rapid change in mental status, airway injury or impending airway compromise, high risk of aspiration, or ‘trauma to the box,’ which includes all penetrating injuries to the neck, abdomen, or chest. 

Most complications of airway management are unexpected and can result in harm or death, especially in the intensive care unit and emergency department. Pulmonary aspiration, oesophageal intubation, and failed airway management are all possible complications of airway management.

Furthermore, several factors such as preparedness, assessment, planning, communication, teamwork, skill with multiple techniques, and situation awareness can help to reduce complications of airway management.

To learn more, get a snapshot of the Airway Device Outlook

Airway Management Devices Market Insights 

Geographically, the global Airway Management Devices Market is studied in North America, Europe, Asia-Pacific, and the Rest of the World. In terms of revenue share, North America dominates the global market, and this trend is likely to continue during the forecast period. This dominance is due to a rise in the geriatric population, a rise in chronic respiratory disease prevalence, an increase in the number of COVID-19 cases, rising levels of air pollution, and an increase in the region’s expenditure on these devices, among other factors. 

Furthermore, the presence of major competitors in the region and favorable reimbursement programs offer enormous growth potential to the Airway Management Devices Market. 

The Asia-Pacific region has the greatest potential for growth in the Global Airway Devices Market. This is due to the increasing burden of the geriatric population, which is predisposed to developing chronic respiratory disorders. Rapid urbanization, rising disposable income, market penetration by emerging local players, and rising awareness of advanced healthcare technologies are expected to drive the market during the forecasted period.

Interested in knowing how the market will be growing by 2026? Click to get a snapshot of Airway Devices Market Analysis

Recent Breakthroughs in Airway Management Devices Market 

  • In November 2021, Cipla launched Spirofy, a wireless, portable device capable of performing lung function tests outdoors and in remote areas in India, with the goal of better-diagnosing people with Chronic Obstructive Pulmonary Disease (COPD) and Asthma.
  • In August 2020, Verathon launched the GlideScope Video Baton QC Large, a video laryngoscope used with GlideScope Core Airway Management Devices.
  • In January 2020, Smiths Medical added a PVC-based tracheostomy tube portfolio to its Portex Tracheostomy Tubes and Kits.

Find out which device will grab the maximum market share @ Airway Devices Key Companies

Key Players Proactively Working in the Airway Management Devices Market 

Airway Management Devices is one of the most competitive domains in the MedTech segment, with key players paying close attention. Some of the key Airway Devices companies operating the market include Smiths Medical PLC, Intersurgical Ltd., Narang Medical Limited, Stryker Corporation, Teleflex Incorporated, Medtronic PLC, Dilon Technologies® Inc., Ambu A/S, Medline Industries, LP,  ConvaTec Inc., KARL STORZ Endoscopy-America, Inc., Flexicare (Group) Limited, SunMed, Vyaire Medical, Inc., VBM Medizintechnik GmbH, Verathon, Inc., SourceMark™, Mercury Medical, TRACOE medical GmbH, Olympus Corporation, and others.

According to DelveInsight analysts, the Airway Management Devices competitive landscape is expected to change dramatically in the coming years due to the active participation of global MedTech behemoths and the launch of emerging products in the pipeline.

COVID-19 Impact on Airway Management Devices Market

The COVID-19 pandemic has resulted in an increased number of patient admissions to emergency care departments and ICUs. It was seen that patients suffering from severe infections face respiratory failure or low oxygen saturation and often need positive air pressure devices such as ventilators.

 As a result, the demand for single-use airway devices has increased. The number of patients requiring intubation through invasive airway management procedures has grown, as non-invasive procedures involve the risk of aerosolization of viral particles.

Thus, the spread of COVID-19 across the globe has significantly impacted the global market due to the increasing usage of airway management devices for the treatment of coronavirus-affected patients across the world.

To discuss more about the short/long-term impact of COVID-19, get a snapshot of the report Airway Management Devices Market Assessment

Scope of the Airway Management Devices Market Report

Geography Covered: Global 

Study Period: 2021-2026

Market Segmentation by Type of Airway Devices: Infraglottic Devices (Endotracheal Tubes, Tracheostomy Tubes, and Others), Supraglottic Devices (Oropharyngeal Airway Devices, Nasopharyngeal Airway Devices, Laryngeal Airway Devices, and Others), Resuscitators, Laryngoscopes, and Others

Market Segmentation by Application: Emergency Medicine, Anesthesia, and Others

Market Segmentation by End-User: Hospitals, Ambulatory Surgical Care Centers, and Others

Market Segmentation by Geography: North America, Europe, Asia-Pacific, and Rest of the World 

Airway Management Devices Companies in the Market: Smiths Medical PLC (SMZY), Narang Medical Limited, Intersurgical Ltd., Teleflex Incorporated (TFX), Stryker Corporation (SYK), Medtronic PLC (MDT), Dilon Technologies® Inc., Ambu A/S (AMBU-B.CO), Medline Industries, LP,  ConvaTec Inc. (CTEC.L), KARL STORZ Endoscopy-America, Inc., Flexicare (Group) Limited, SunMed, Vyaire Medical, Inc., VBM Medizintechnik GmbH, Verathon, Inc., SourceMark™, Mercury Medical, TRACOE medical GmbH, Olympus Corporation (OCPNY), and others.

Additionally: Porter’s Five Forces Analysis, Product Profiles, Case Studies, KOL’s Views, Analyst’s View

Table of Contents

 1.  Report Introduction
 2.  Executive summary
 3.  Regulatory and Patent Analysis
 4.  Devices Key factors analysis
 5.  Porter’s Five Forces Analysis
 6.  COVID-19 Impact Analysis on Airway Management Devices
 7.  Airway Management Devices layout
 8.  Airway Management Devices Global Company Share Analysis – Key 3-5 Companies
 9.  Key Companies and Product Profiles
 10.   KOL Views
 11.  Project Approach
 12.   About DelveInsight
 13.   Disclaimer & Contact Us

To get more valuable information on key companies and devices, get a snapshot of the Airway Devices Regulatory and Patent Analysis

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Chronic Obstructive Pulmonary Disease (COPD) Market 

DelveInsight’s Chronic Obstructive Pulmonary Disease (COPD)- Market Insights, Epidemiology, and Market Forecast–2030 report deliver an in-depth understanding of the market and Competitive Landscape analysis. Key players involved in this market include Pfizer Inc., Johnson & Johnson Services, Inc., Novartis AG, GlaxoSmithKline plc., Zimmer Biomet Holdings, Inc., Stryker Corporation, Abbott Laboratories, and others.

Pulse Oximeters Market 

DelveInsight’s Pulse Oximeters Market Insights, Competitive Landscape, and Market Forecast–2026 report deliver an in-depth understanding of the market and Competitive Landscape analysis. Key players involved in this market include Medtronic, Nonin Medical Inc., Lepu Medical Technology, TytoCare Ltd., VYAIRE., OMRON Corporation, Meditech Equipment Co ., Ltd, among others.

Positive Airway Pressure Device Market 

DelveInsight’s Positive Airway Pressure Device – Market Insight, Competitive Landscape and Market Forecast, 2026 report delivers an in-depth understanding of the market and Competitive Landscape analysis. Key players involved in this market include Apex Medical Corp., Armstrong Medical Inc., Becton, Dickinson and Company, BMC Medical Co., Ltd., Breas Medical AB, Compumedics Limited, Drive DeVilbiss Healthcare, Inc., Dymedso Inc., Fisher & Paykel Healthcare Limited, Invacare Corporation, and others

Airway Stents Market

DelveInsight’s Airway Stent – Market Insight, Competitive Landscape, and Market Forecast, 2026 report delivers an in-depth understanding of the market and Competitive Landscape analysis. Key players involved in this market include Boston Medical Products, TAEWOONG Medical Co., Boston Scientific Corporation, Novatech SA, among others

About DelveInsight

DelveInsight is a leading Business Consultant and Market Research firm focused exclusively on life sciences. It supports Pharma companies by providing comprehensive end-to-end solutions to improve their performance.  

Get in touch with our team to get more detailed insights on how the MedTech Market is expected to evolve in the coming years and to formulate innovative business solutions, at Healthcare Due Diligence Services

Contact Us

Shruti Thakur 

info@delveinsight.com 

+1(919)321-6187 

www.delveinsight.com 

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