About Airway Management Devices
Airway management devices include a set of maneuvers and medical techniques executed to relive and prevent airway obstruction. The growth of the market is driven mainly by the high prevalence of preterm births, increasing the incidence of chronic respiratory diseases, growing demand for emergency care departments, and increasing government investment in the healthcare industry. Moreover, emerging economies such as China, India, Brazil, and others are expected to offer lucrative growth opportunities for companies in the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.0% |
The airway management devices market is highly competitive. The market players within the global airway management devices have become immensely focused on maintaining a regular inflow of revenues. The leading vendors in the airway management devices market are expected to acquire smaller or defunct players in the years to come to expand their business presence. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Airway Management Devices market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Medtronic (Ireland), Smith’s Medical (United States), Teleflex (United States), Ambu (Denmark), KARL STORZ (Germany), Flexicare (United States), Verathon (United States), Olympus (Japan), Intersurgical (United Kingdom), SunMed (United States), Vyaire Medical (United States), VBM Medizintechnik (Germany), SourceMark (United States), TRACOE medical (Germany), Salter Labs (United States), Venner Medical International (United States), Mercury Medical (United States), Pulmodyne (United States) and Tuoren Medical (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are UE Medical Devices (United States), BOMImed (Canada), P3 Medical Limited (United Kingdom), Armstrong Medical (Ireland), Shenzhen HugeMed Medical Technical Development (China), Marshall Airway Products Ltd (United Kingdom), Dilon Technologies (United States), FKS Life and Health Medical Care (United States) and Medis Medical (China).
Segmentation Overview
AMA Research has segmented the market of Global Airway Management Devices market by Type (Infraglottic Airway Management Devices [Endotracheal Tubes, Tracheostomy Tubes], Supraglottic Airway Management Devices [Laryngeal Mask Airways, Oropharyngeal Airways, Nasopharyngeal Airways, Other Supraglottic Airway Devices], Resuscitators and Laryngoscopes [Conventional Laryngoscopes, Video Laryngoscopes]) and Region.
On the basis of geography, the market of Airway Management Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Patient Age, the sub-segment i.e. Adult Patients will boost the Airway Management Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Operating Rooms will boost the Airway Management Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Government Initiatives for Improving Emergency Care Infrastructure and Increasing Demand for Infraglottic Airway Management Devices
Market Growth Drivers:
Growing Prevalence of Chronic Respiratory Diseases and Increasing Prevalence of Preterm Births
Challenges:
Harmful Effects associated with Certain Devices on Neonates
Restraints:
Lack of Skilled Medical Professionals
Opportunities:
Rising Demand for Emergency Care Departments and Increasing Demand from the Developing Economies
Market Leaders and their expansionary development strategies
In May 2021, Medtronic plc, the global leader in medical technology, lhas aunchedn of the SonarMed™ airway monitoring system. The first and only device of its kind, the SonarMed airway monitoring system utilizes acoustic technology to check for endotracheal tube (ETT) obstruction and verify position in real-time, giving clinicians vital information required to make more informed, life-saving decisions for their smallest patients.
In May 2021, Olympus announced the FDA 510(k) clearance of its Airway Mobilescopes, the MAF-TM2, MAF-GM2, and MAF-DM2, enabling providers to perform a variety of upper and lower airway management procedures. Anesthesiologists, pulmonologists and providers of critical care and intensive care will appreciate the anytime/anywhere benefits, the digital capture capability, and small footprint of the MAF models’ all-in-one design.
Key Target Audience
Airway Management Devices Providers, Airway Management Devices Distributors, Government Agencies, Commercial Research & Development Institutions, Government Organizations, Research Organizations, and Consulting Firms, Trade Associations and Industry Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.