Global Airway Management Devices Market is expected to foresee significant growth during the forecast period. North America to witness the highest growth

Global Airway Management Devices Market is expected to reach the market valuation of USD XX million by 2027 expanding at a reasonable CAGR of XX% during the forecast period (2021-2027) from USD XX million in 2020. Airway Management Devices safeguards an open pathway in patients that allows the gas exchange between a patient’s lungs and the atmosphere.

The demand for Airway Management Devices Market is increasing on account of the rising incidence of Asthma and COPD cases amongst population, growing exposure to tobacco smoke as well as high exposure to dusts and chemicals. Moreover, the rise in the aging population also propels market growth. As per the Asthma and Allergy Foundation of America, about 20 million U.S. adults aged 18 and over have asthma. Also, Asthma is more common in adult women than adult men. Asthma is a non-communicable disease with major public health concerns for both children and adults all over the world. Though asthma prevalence cases are higher in children, mortality, and morbidity, cases are higher in adults. Moreover, the childhood asthma cases are more in boys whereas the adult asthma cases are more in women. As per the data shared by national and state surveillance systems administered by the Centers for Disease Control and Prevention (CDC), the young teens of 12-14 years old mostly suffers from a high prevalence of Asthma attacks.

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In addition, the introduction of new-generation devices that incorporate a wide array of fiber optic, optical, video, and mechanical technologies to enable a better view of difficult airways are gaining popularity. For instance, video laryngoscopes, which allow real-time and enhanced visualization, are rapidly becoming the 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. This is anticipated provide lucrative growth opportunities during the forecast period.

However, some of the restraints in the market are dearth of skilled professionals, harmful effects of certain airway management devices on neonates, growing pricing pressure on market players and lack of reimbursement policies across emerging countries. Besides, low awareness and large underdiagnosed and undertreated population are other factors impeding the growth of this market all over the world.

The sudden outbreak of COVID-19 in Wuhan, China, led to the rapid establishment of multiple hospitals for treating the increasing number of patients. This has been mirrored in other countries as well such as Italy and the US also built large hospitals within days to accommodate a growing patient population. In New York, US, the army converted the Javits convention center into a 2,900-bed hospital within four days. Critical care devices are being manufactured in increased quantities to meet growing demand. The situation resulting from the pandemic has resulted in alliances between healthcare and non-healthcare industries to manufacture respiratory care devices. This is contributing to the high growth of airway management devices market all over the world.

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In terms of end user, the global Airway Management Devices Market is segmented into hospitals, ambulatory care settings, home care settings and others. Among them, hospitals segment held the largest market share in 2020 and is further projected to maintain its leading position in the market during the forecast period as well on the back of high patient turnaround, frequent readmissions, large procedure volumes and high use and adoption of the airway management devices. Today, the COVID-19 pandemic has led to the high demand for oxygen administration as supportive management. As per the Pan American Health Organization, 75% of all hospitalized patients require supplemental oxygen treatment. Also, the rising government initiatives aimed at promoting safety and reducing adverse events serve as key contributing factors toward the largest share of the segment. For instance, organizations such as the American Society of Anesthesiologists (ASA) promoted awareness pertaining to the high significance of these devices in difficult airway management, further augmenting their adoption rate in hospitals

Additionally, the report provides detailed initiatives that are being taken in the field of Airway Management Devices. The market is classified into distinct regions North America (United States, Canada, and the Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of APAC), Rest of World has been conducted. North America dominated the market and generated revenue of USD XX million in 2020. The United States market had the highest revenue in the North American region for Airway Management Devices market owing to the rising prevalence of respiratory diseases in the U.S region. As per the Office of Disease Prevention and Health Promotion, more than 25 million people in the United States are suffering from Asthma. Around 14.8 million adults have been diagnosed with COPD, and approximately 12 million people have not yet been diagnosed. Moreover, preterm birth leads to respiratory complications such as chronic obstructive pulmonary diseases later in life. As per Verywell family statistics, about 450,000 babies in the United States alone are born too soon and 15 million babies are born preterm around the world – that’s 1 in 10!

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Medtronic Plc, Smiths Medical (Smiths Group Plc), Teleflex Inc, Ambu A/S, Convatec Group, Karl Storz Se & Co. Kg, Flexicare, Intersurgical, Sunmed and Vyaire Medical Inc. are some of the prominent players operating in the global Airway Management Devices market. Several M&A’s along with partnerships have been undertaken by these players to develop new and innovative airway management devices.

Global Airway Management Devices Market Segmentation

Market Insight, by Type

• Infraglottic Airway Management Devices
• Supraglottic Airway Management Devices
• Laryngoscopes
• Resuscitators
• Others

Market Insight, by Patient Age

• Anesthesia
• Emergency Medicine
• Others

Market Insight, by Application

• Infraglottic Airway Management Devices
• Supraglottic Airway Management Devices
• Laryngoscopes
• Resuscitators
• Others

Market Insight, by End-User

• Home Care
• Ambulatory Care Settings
• Home Care Settings
• Others

Market Insight, by Region

• North America
  • United States
  • Canada
  • Rest of North America
• Europe
  • France
  • Germany
  • Italy
  • Spain
  • United Kingdom
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
• Rest of World

Top Company Profiles

• Medtronic plc
• Smiths Medical (Smiths Group Plc)
• Teleflex Inc
• Ambu A/S
• Convatec Group
• Karl Storz Se & Co. Kg
• Flexicare
• Intersurgical
• Sunmed
• Vyaire Medical Inc.