Global Airway Management Devices Market Share 2024 , Forecast To 2033
7 Mar, 2024
The airway management devices market has also shown steady growth, from $2.49 billion in 2023 to $2.55 billion in 2024, with a CAGR of 2.4%, owing to factors such as the prevalence of chronic respiratory diseases and rising demand for minimally invasive surgeries. Projected growth anticipates reaching $3.22 billion in 2028, at a CAGR of 6.0%, driven by an aging population, occupational health and safety concerns, and trends like enhanced video imaging and telehealth integration.
Global Airway Management Devices Market Key Driver
The increasing prevalence of respiratory diseases is expected to propel the demand for airway management devices market over the forecast period. Airway management devices are used for difficult emergency airway management during medical procedures. According to the American Lung Association, in 2021, 142,342 people died from COPDs in the US making it sixth overall leading cause of death and fifth disease-related cause of death. Lung cancer was the deadliest cancer with 1.76 million deaths annually across the world. Moreover, 10 million people develop tuberculosis, and 334 million people suffer from asthma every year. This scenario drives the growth of the airway management devices market.
Get A Free Sample Of The Global Airway Management Devices Market ReportGlobal Airway Management Devices Market Segments
The airway management devices market covered in this report is segmented –
1) By Type: Infraglottic Airway Management Devices, Supraglottic Airway Management Devices, Resuscitators, Laryngoscopes, Other Devices
2) By Application: Anesthesia, Emergency Medicine, Other Applications
3) By End Use: Hospital, Homecare
By Geography: The countries covered in the airway management devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
North America was the largest region in the airway management devices market in 2023. Western Europe was the second-largest region in the airway management devices market share. The regions covered in the airway management devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Major Airway Management Devices Industry Players
Medtronic Inc.; Smiths Medical Inc.; Teleflex Incorporated; Ambu A/S; KARL STORZ SE & Co. KG; Flexicare Medical Limited; Intersurgical Ltd.; Becton Dickinson and Company; Mercury Medical; Well Lead Medical Co. Ltd.; Unomedical Inc.; SunMed LLC; Tuoren Medical Device India Pvt. Ltd.; Medline Industries Inc.; Armstrong Medical Limited; Zhejiang Sujia Medical Device Co.Ltd.; Vyaire Medical Inc.; Salter Labs Inc.; Cook Medical Inc.; Olympus Corporation; General Electric Company; ICU Medical Inc.; ConvaTec Group Plc; VBM Medizintechnik GmbH; Boston Scientific Corporation; Fujifilm Holdings Corporation; Hoya Corporation; Richard Wolf GmbH; Stryker Corporation; Terumo Corporation; Verathon Inc.; Vitalograph Ltd.; Westmed Inc.; Xiamen Compower Medical Tech Co. Ltd.
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Airway Management Devices Market Overview
Airway management devices are medical techniques and tools for preserving or reestablishing a secure, reliable channel for ventilation and oxygenation. Airway management devices are used to prevent and relieve airway obstruction to ensure the proper exchange of air between the patient’s lungs and atmosphere.