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Airway Management Device Market Industry Size, Share, Business Growth, Revenue, Trends, Global Market Demand ||Precision Therapeutics, Thermo Fisher Scientific, Siemens Healthineers, Affymetrix

Airway Management Device is the unparalleled and worldwide market research report that conducts industry analysis on products, markets, companies, industries and many countries worldwide. This industry document analyses market information related to specific stock, currency, commodity and geographic region or country. Airway Management Device report deals with abundant parameters in detail to suit the requirements of business or clients. These parameters range from most up-to-date trends, market segmentation, new market entry, industry anticipating, target advertise examination, future bearings, opportunity distinguishing proof, key investigation, bits of knowledge to innovation. All of these are estimated and analysed by a team of innovative, enthusiastic, and motivated researchers and analysts so that nothing lefts unearthed in the report.

Airway management device market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a stronger CAGR of 5.5% in the forecast period of 2020 to 2027 and expected to reach USD 3,856.86 million by 2027. Increase in anaesthesia procedures worldwide and high incidence of preterm births is the factors for the market growth.

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The major players covered in the report are Olympus Corporation, BD, Teleflex Incorporated, Armstrong Medical Inc., Medline Industries, Inc., Rudolf Riester GmbH (subsidiary of Halma Plc), GENERAL ELECTRIC COMPANY, SonarMed, Mercury Medical, Smiths Group plc, Verathon Inc., VBM Medizintechnik GmbH, SunMed, MEDTRONIC, Flexicare (Group) Limited, VYAIRE, Ambu A/S, Intersurgical Ltd. and others globally. Airway management market share data is available for North America, Europe, Asia-Pacific, Middle East and Africa and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Global Airway Management Device Market Scope and Market Size

Airway management device market is segmented of the basis of by type, patient age, procedure and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • On the basis of type, the airway management devices market is segmented into supraglottic airway management devices, infraglottic airway management devices, laryngoscopes, bronchoscope/intubation scopes, resuscitators and others. Supraglottic airway management devices are dominating the market because of its higher usage in ventilation of upper airways in patient during anesthesia or other conditions. Laryngeal mask airways (LMA) are mostly preferred type on supraglottic devices as it can be easily used during the procedure in hospitals, ASCs and other places. However, laryngoscopes segment may grow the market due to its improved success rate and it has reasonable cost and one the major benefit is that it has video capturing system which is call video laryngoscope which allows easy intubation among patient. Due to such benefits this segment may grow in future.
  • On the basis of patient age, the airway management devices market is segmented into adult and pediatric patients/neonates. Adult segment is dominating the market mostly adult patients visit in hospitals for the medical procedures where oxygenation and ventilation is required. According to the Centers for Disease Control and Prevention (CDC), in 2015, total number of the emergency department visit with the chronic diseases in the U.S. are Chronic obstructive pulmonary disease (COPD) 7,251, Congestive heart failure 4,413  Hypertension 32,370  per thousand patients.
  • On the basis of procedure, the global airway management devices market is segmented into Intensive care unit or emergency procedure and non-emergency surgical procedures. Intensive care unit or emergency procedure segment is dominating the market because using airway management devices in intensive care unit is important step in order to provide ventilation and oxygenation among patient and it has been observed higher cases of anesthesia and emergency procedure are performed in intensive care unit where these devices are mandate in order to provide basic life functions hence this segment may grow in future. For instance, according to National Hospital Ambulatory Medical Care Survey, in 2016 number of patients visits in emergency department in U.S. was 145.6 million.

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Airway Management Device Market Country Level Analysis

Airway management device market is analysed and market size information is provided by country, by type, patient age, procedure, end-users and application.

The countries covered in the airway management market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific in the Asia-Pacific, Saudi Arabia, U.A.E, Egypt, Israel, South Africa, Rest of Middle East and Africa as a part of Middle East and Africa, Brazil, Argentina and Rest of South America as part of South America.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

North America is dominating the market because of availability of number of major companies in this region from which major revenue is generated for the airway management devices. In North America, U.S. is dominating as it has been made mandatory for the hospitals keep airway management devices during the procedures performances especially in intensive care unit hence its demand is higher. To fulfil this increasing demand of airway management products manufacturers are involved in providing and launching new devices in market. For instance, In 2017 October, smiths medical has launched three products namely CADD-Solis Ambulatory Infusion Pump, airfree airway management system and Pharmguard server software at American Society of anesthesiologists annual meeting which was held at U.S.. Introducing these products in market has increased the overall product portfolio of the company being utilized by anaesthesiologists in all stages of patient care.

Many joint ventures and developments are also initiated by the companies worldwide which are also accelerating the global airway management device market.

For instance,

  • In October 2017, VYAIRE acquired revolutionary medical devices, Inc. which is engaged in manufacturing of airway management products. This acquisition has helped Vyaire to add a medically validated airway management solution in the market. superno2va nasal PAP allows anesthesiologists to provide more regulated and non-invasive oxygen for sedated patients. It will help the company to maximize its presence in respiratory care market globally.

Partnership, expansion and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for airway management device market products for the welfare of the pateints

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