Market Highlights
According to MRFR analysis, Airway
Management Market is expected to register a CAGR of 5.2% during
the forecast period of 2019 to 2025 and is predicted to
value USD 1,764.47 Million in 2025.
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Airway management plays an essential
role in complex conditions. These devices and procedures are used for providing
ventilation to the patients during surgical procedures, respiratory
emergencies, and other medical procedures. For instance, lung cancer is the
leading cause of death worldwide, with the estimated number of deaths caused by
it in the year 2018 was approximately 9.6 million. Airway management has
benefits that can resolve complications that may arise during the treatment of
lung cancer and related disorders.
However, the low compatibility of
airway management devices with patients is likely to hamper the growth of the
global airway management market during the forecast period.
Several market players currently
dominate the global airway management market. The key players are involved in
product launches and strategic collaborations to strengthen their market
positions.
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Segmentation
The global airway management market
has been segmented based on product type, application, and end user.
The market, based on product type,
has been divided into supraglottic, infra-glottic, laryngoscopes, accessories,
anesthesia masks, and others. The supraglottic segment is likely to hold the
maximum market share in the global airway management market. Supraglottic
are further segmented into laryngeal mask, nasopharyngeal, oropharyngeal,
others.
On the basis of application, the
global airway management market is segmented into general anesthesia,
respiratory care, surgery, others. The end user segment of the
market consists of surgical centers, hospitals, others. The hospital segment is
expected to hold the largest share of the market as these centers are primary
locations for the utilization of airway management products and
services. As hospitals are primary medical facilities that use airway
management devices and services the most. These products and services are used
for patients undergoing surgeries, affected by respiratory emergencies and
throat-related complications.
Regional Analysis
The market has been divided, by
region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.
The Americas is anticipated to hold
the largest market share owing to the increasing awareness about advanced
airway management procedures. The Americas has been branched into North America
and Latin America, with the North American market being further divided into
the US and Canada.
The airway management market in
Asia-Pacific has been segmented into Japan, China, India, South Korea,
Australia, and the rest of Asia-Pacific. Asia-Pacific is anticipated to hold
the fastest-growing market share owing to the increasing geriatric population
and the rising adoption of technological advancements in developing regions.
The European airway management market has been categorized as Western Europe
and Eastern Europe. The Western European market has further been classified as
Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The
airway management market in the Middle East & Africa has been divided into
the Middle East and Africa.
Key Players
Some of the key players in the
global airway management market are Vyaire Medical(US), Vbm
Medizintechnik Gmbh (Germany), Roper Technologies (US) (Verathon Inc.),
Sourcemark (US), Salter Labs (US), Ambu A/S. (Denmark), Intersurgical Inc (UK),
Medtronic (Ireland), Smiths Group PLC (UK) (Smiths Medical), Teleflex
Incorporated (US), and Sunmed (US).
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