According to a new report published by K D Market Insights, titled, “Airway Management Devices Market Insights, Trends, Opportunity & Forecast, 2023–2032,” the global airway management devices market size is anticipated to witness moderate growth during the forecast period i.e., 2023-2032. The increasing prevalence of respiratory diseases, the rising number of surgical procedures, and the growing awareness regarding the importance of airway management in emergency situations. Which are the major factors augmenting the growth of the global airway management devices market.
The increasing prevalence of respiratory diseases, such as chronic obstructive pulmonary disease (COPD), asthma, and sleep apnea, are further expected to create ample growth opportunities for the global airway management devices market during the forecast period i.e., 2023-2032. Moreover, the rising number of surgical procedures worldwide, is increasing has propelled market expansion. Technological advancements and product innovations, is expected to contribute towards the market growth during the period.
The North America region accounted for the largest share in the global airway management devices market in 2022. The region is further projected to continue dominating in the market and also register the highest CAGR in the market during the forecast period. This can be attributed to advanced healthcare infrastructure, a high prevalence of respiratory diseases, and increasing investments in medical technology
According to product type, the endotracheal tubes segment accounted for the largest market share in the airway management devices market in 2022 and is further expected to continue with the trend during the forecast period i.e., 2023 – 2032.
The global airway management devices market is segmented into product type, patient age, application, end user and region. Based on product type, the market is bifurcated into endotracheal tubes, tracheostomy tube, oropharyngeal, nasopharyngeal, laryngoscopes, resuscitators. Based on patient age, it is classified into adult patients, pediatric patients. Based on application, it is classified into anesthesia, emergency medicine, others. Based on end user, it is classified into hospitals, ambulatory care settings, home care settings.
The global airway management devices market is analyzed across North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America) and Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa).
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Key Insights of Airway management devices Market
- On the basis of product type, the endotracheal tubes segment accounted for the largest market share in the airway management devices market in 2022 and is further expected to continue with the trend during the forecast period i.e., 2023 – 2032.
- On the basis of region, North America accounted for the largest share in the global airway management devices market in 2022. The region is further projected to continue dominating in the market during the forecast period.
- On the basis of region, Europe is estimated to account for the second largest share in the market during the forecast period.
Some of the major airway management devices companies profiled in the report include Vyaire Medical, Teleflex Incorporated, Smiths Medical, Inc., Convatec Group, Medtronic plc, Flexicare, SunMed LLC, Intersurgical Ltd., Ambu A/S, KARL STORZ, ICU Medical, Inc., and ConvaTec Group Plc.