• Blog
  • Airway Management Products Market Analysis | 2023-2028

    Airway Management Products Market Analysis | 2023-2028

    Airway Management Products Market Analysis | 2023-2028
    Report code - SR1754 Delivery - 2 Weeks
    Airway Management Products Market Size, Share, Trend, Forecast, Competitive Analysis, See more...

    “The Airway Management Products Market is estimated to grow from USD 1.72 billion in 2022 to USD 2.38 billion by 2028 at a healthy CAGR of 5.50% during the forecast period”.

    Wish to get a free sample? Register Here

    Market Dynamics

    Introduction

    Airway management includes a set of medical procedures performed to relieve and prevent airway obstruction. It helps ensure an open gas exchange pathway between a patient's lungs and the atmosphere. An airway management device (AMD) is a set of medical procedures that prevent airway obstruction in patients. This device ensures an open pathway that allows gas exchange between a patient’s lungs and the atmosphere.

    Market Dynamics

    Several factors are driving the market, including the following:

    • Increasing focus on pediatric airway management.
    • Technological developments in airway management products and the focus on silver-coated ETT in critically ill patients to prevent ventilator-associated pneumonia increase the market's growth potential. 
    • The growing admissions across emergency & intensive care units and the rising prevalence of chronic respiratory diseases such as asthma and COPD.

    COVID-19 Impact

    The outbreak of COVID-19 positively influenced the airway management products industry. There was a huge strain on the medical field in treating COVID-19 patients. The pandemic has led to a rise in patient admissions to emergency care departments and ICUs.

    Also, patients with severe infections face respiratory failure or low oxygen saturation and often require positive air pressure devices such as ventilators, thus boosting the market growth.

    Segments Analysis

    Segmentations

    List of Sub-Segments

    Dominant and Fastest-Growing Segments

    Type Analysis

    Inductive, Supraglottic Devices, Infraglottic Devices, Resuscitators, Laryngoscopes, and Others

    The supraglottic devices segment held the largest market share during the forecast period.

    End-Use-Type Analysis

    Hospitals, Ambulatory Surgical Centers, and Others

    The hospital segment is expected to experience strong CAGR growth during the forecast period.

    Regional Analysis

    North America, Europe, Asia-Pacific, and Rest of the World

    North America is expected to grow at a robust CAGR during the forecast period.

     

    By Type

    “The supraglottic devices segment held the largest market share during the forecast period”.

    The market has been segmented into inductive, supraglottic devices, supraglottic devices, resuscitators, laryngoscopes, and others. The supraglottic devices segment accounted for the largest market share in 2022 and is expected to remain dominant during the forecast period. The growing demand for positive air pressure ventilation among patients facing respiratory failure is bolstering intubation, further bolstering the segment growth.

    By End-Use Type

    “The hospital segment is expected to experience strong CAGR growth during the forecast period”.

    The market has been segmented into hospitals, ambulatory surgical centers, and others. Under these, the hospital's segment accounted for the largest share of the market in 2022 and is estimated to grow at a robust CAGR during the forecast period. 

    This segment's significant proportion can be attributable to an increase in the number of hospitals as well as infrastructural and economic growth, particularly in emerging countries. Furthermore, the growing surgical procedure throughout any surgery encourages rapid growth in the hospital area.

    Regional Analysis

    “North America is expected to grow at a robust CAGR, while the Asia Pacific region is projected to grow at a healthy CAGR during the forecast period”.

    The market is broken down geographically into areas like North America, Europe, Asia-Pacific, and the Rest of the World (RoW). In terms of regions, North America accounted for a significant share of more than 35% in 2022 and is expected to grow at a robust CAGR during the forecast period.

    The increasing geriatric population mainly propels the market growth, favorable reimbursement coverage across developed countries, and rising investments in healthcare infrastructure, further proliferating the market growth in the region.

    Asia Pacific is expected to grow at a healthy CAGR during the forecast period on account of growing awareness associated with chronic respiratory diseases. Moreover, the strong expansion of healthcare infrastructure and the rising emergence of advanced diagnostic technologies further bolsters regional market growth.

    Want to know which region offers the best growth opportunities? Register Here

    Key Players

    The following are the key players in the Airway Management Products Market (arranged alphabetically)

    • Ambu A/S (Denmark)
    • Armstrong Medical Limited
    • Becton
    • Dickinson and Company (US)
    • Intersurgical (UK)
    • KARL STORZ SE & Co. KG (Germany)
    • Medline Industries
    • Medtronic PLC (Ireland)
    • Smiths Medical (US)
    • SunMed (US)
    • Teleflex (US)

    Note: The above list does not necessarily include all the top players in the market.

    Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the Airway Management Products Market 

    How lucrative is the future?

    The market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market segment analysis and Forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirement?

    10% free customization

    Research Methodology

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

    More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

    We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

    Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research:

    Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    Airway management includes a set of medical procedures performed to relieve and prevent airway obstruction. It helps ensure an open gas exchange pathway between a patient's lungs and the atmosphere. An airway management device (AMD) is a set of medical procedures that prevent airway obstruction in patients. This device ensures an open pathway that allows gas exchange between a patient’s lungs and the atmosphere.

    The airway management products market is estimated to grow at a healthy CAGR of 5.50% over the next five years.

    The airway management products market is likely to reach US$ 2.38 billion in 2028.

    The market is driven by a focus on pediatric airway management and rising admissions due to respiratory diseases like asthma and COPD.

    North America accounted for a significant share of more than 35% in 2022 and is expected to grow at a robust CAGR during the forecast period.

    Asia-Pacific is estimated to grow at the fastest rate in the coming five years on account of growing awareness associated with chronic respiratory diseases.

    The key players in the airway management products market are Medtronic PLC (Ireland), Teleflex (US), Ambu A/S (Denmark), Smiths Medical (US), Intersurgical (UK), Becton, Dickinson and Company (US), Medline Industries, Armstrong Medical Limited, KARL STORZ SE & Co. KG (Germany), SunMed (US).