As per this study the Global Airway Management Device Market was valued USD XX.X MN (by revenue) in 2019 and is anticipated to reach USD XX.X MN by 2026 with a CAGR of X.X%.
Airway management device is the medical device that is specially designed to promote gas exchange by either releasing the obstructed air or preventing obstruction in the breathing passage. These devices are extremely useful in case of cardiopulmonary resuscitation, anesthesia, intensive medicine care, and emergency care. Commonly used airway management devices are facemasks, Laryngeal Mask Airways (LMA), and Endotracheal Tube (ETT).
The rising incidence of pulmonary and respiratory disorders such as asthma, chronic obstructive pulmonary disease (COPD) followed by a growing geriatric population is driving the market growth. Ongoing technological advancement for the development of more efficient devices along with various initiatives undertaken by the government regarding awareness of pulmonary diseases and treatment is further fueling the market growth. On the flip side, lack of skilled professionals, the high cost of equipment and complication related to the devices may act as restraint for the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of airway management device.
The broad airway management device market has been sub-grouped into product, application and end-use. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Supraglottic Devices
- Oropharyngeal Devices
- Nasopharyngeal Devices
- Laryngeal Airway Masks
- Infraglottic Devices
- Endotracheal Tubes
- Tracheostomy Tubes
- Emergency Medicine
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for airway management device in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Europe Airway Management Device Market By Revenue (USD MN)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the airway management device market include Ambu, BD, Flexicare, Karl Storz, Medtroni, Olympus, Smiths Medical, Teleflex, VBM Medizintechnik, Verathon and Vyaire Medical among others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.