Hemorrhoid Treatment Devices Market 2021 COVID-19 Pandemic Impact, Business Statistics, Size, Share, Growth Factors and Comprehensive Research Study till 2027

 Hemorrhoid is a highly uncomfortable disorder which is also known as piles. The condition is so subtle yet dangerous that most people under the age of fifty are unaware of the same. Hemorrhoids are inflamed, swollen veins situated in the anal canal and causes a strong sense of irritation in the form of both pain and itchiness. Patients who suffer from the same condition seek relief from a variety of products, boasting both negatives and positives. Direct products like wipes, creams, pads, and suppositories are highly effective at offering temporary period of relief. However, it is not effective enough for permanent treatments.

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The prevalence of hemorrhoids is found particularly between the age of 45 and 65, both in men and women. However, only a small percentage of the affected population seek any form of medical treatment like medication or surgery and instead opt for relief pills purchased from pharmacies. 

According to the latest report by the team of Market Research Future (MRFR), the global hemorrhoids treatment market Hemorrhoid Treatment Devices Market is expected to register a CAGR of 5.98% to reach USD 973.94 Million by 2025. The market growth is influenced by numerous factors like the increasing prevalence of lifestyle-based diseases, growing demand for treatment, an increasing demand for reducing infections & complications relating to hemorrhoids, and an increasing number of surgeries. The growing old-age population is also one of the key contributors to the global demand for hemorrhoids treatment. However, lack of awareness and hesitancy towards medical treatment due to the feeling of embarrassment stands out as a key constraint to the growth of the global market. 

Market Segmentation 

The global hemorrhoids treatment market segmentation is based in terms of route of administration, treatment type, distribution channel, and region.

By route of administration, the market divides into oral and topical agents.

By treatment type, the market segments into drugs, surgical procedures, and non-surgical procedures. The drugs segment is further segmented into NSAIDs, laxatives, and herbals. The non-surgical procedures narrows down into cryotherapy, band litigation, and sclerotherapy.

By distribution channel, the market includes hospital pharmacies, retail pharmacies, online pharmacies, and others. 

Regional Analysis

The regional segmentation of the global hemorrhoids market covers four major regions globally, namely Asia Pacific, Europe, the Americas, and the Middle East & Africa. 

The Americas hold the maximum share of the market as per the global standings. The dominance of the region can be attributed to the huge patient population, high expenditure in the healthcare sector, and a well-established technology. The regional market for hemorrhoids treatment is expected to continue its dominance in the forthcoming years.

Europe accounts for the second largest market globally following the Americas. The European region is segmented into key regions, namely Western and Eastern Europe. The Western European region consists of countries like the UK, Germany, and France. Factors that primarily push the market in this region are the lack of any physical exercise, sedentary lifestyle, obesity, alcoholism, poor fiber intake in diet, etc. 

Asia Pacific is slated to be the fastest growing regions in hemorrhoids. The growth in this region can be attributed to factors like the increasing demand for better diagnostic devices, rapidly improving technologies, better and safe therapeutic approach, and the presence of a massive talent pool. 

Competitive Landscape

The global hemorrhoids treatment market holds a number of key players like Boehringer Ingelheim GmbH, Takeda Pharmaceutical Company, Abbott Laboratories, Boston Scientific Corporation, GlaxoSmithKline, Pfizer Inc., AstraZeneca PLC, CONMED Corporation, Taro Pharmaceuticals Inc., Astra Zeneca, Olympus Corporation, Cook Medical, Glenmark Pharmaceuticals Bayer AG, Teva Pharmaceutical Industries Ltd, and others.

13th March 2019, Organization de Scalene announced recently the launch of Cryocure. Cryocure is an affordable medical device that is used to treat piles without any need for surgery. 

8th April 2019, Trifecta Pharmaceuticals, one of the leading developers, distributors, and manufacturers of specialty OTC topical creams, gels, and ointments announced today about its distribution partnership with Walmart. The move will see Mayinglong, a hemorrhoid treatment ointment, being available on the shelves of the leading departmental store.

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NEWS: Elastography Imaging Market - Size to Forecast by Top Leaders

 Market Highlights

It is estimated that the global elastography imaging market is expected to register a CAGR of 11.1% during the forecast period of 2019 to 2025, with a market value of USD 2,538.2 million in 2018.

Elastography is a medical imaging method that plots the elastic properties of soft tissue to stipulate the diagnostic data during surgery. The elastography imaging market is fueled by numerous factors such as growing demand for minimally invasive procedures to diagnose and treat different chronic diseases, along with the rising prevalence of life-threatening diseases. However, the high cost of the systems is expected to curb the growth of the elastography imaging market.

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The global elastography imaging market is currently dominated by numerous market players. The key players are involved in new product launches and strategic collaborations to strengthen its market position. For instance, in February 2019, Esaote launched the MyLabX8, an ultrasound platform to support hospitals and clinics. Also, in November 2018, Canon Medical Systems Corporation introduced Contrast Vector Imaging (CVI) to provide additional information on liver hemodynamics and expand the use of contrast-enhanced ultrasound on its premium ultrasound system.

Segmentation

The global elastography imaging market has been segmented based on modality, application, and end user.

The market, based on modality, has been bifurcated into ultrasound, and magnetic resonance elastography. The ultrasound segment is expected to hold a major share in the market, owing to the high advantages of this type of modality. The magnetic resonance elastography segment is anticipated to be the fastest growing due to the wider availability and rising adoption rate.

The market, by application, has been divided into radiology/general imaging, cardiology, obstetrics/gynecology, urology, vascular, orthopedic & musculoskeletal applications, and others. The radiology/general imaging segment is expected to hold a major share owing to the increasing occurrences of chronic diseases throughout the globe. The cardiology segment is expected to be the fastest growing one due to the increased patient population in recent years.

The market, by end user, has been classified as hospitals & ambulatory surgical centers, diagnostic centers, research laboratories, and others. The hospitals & ambulatory surgical centers segment is anticipated to hold a major share in the market. This is due to the increasing number of hospitals as well as the increased number of hospitalizations. The diagnostic centers segment is expected to boom and becomes the fastest growing market due to the increased patient preference and inclination towards the diagnostic centers.

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Key Players

Some of the key players in the global elastography imaging market are Canon Medical Systems Corporation, Siemens AG, Fujifilm Holdings Corporation, Esaote, Resoundant Inc., Hitachi Ltd., Mindray Medical International Ltd., Koninklijke Philips N.V., Samsung Electronics (Samsung Medison), Supersonic Imagine, and General Electric Company.

Regional Analysis

The market in the Americas is likely to lead the global elastography imaging market during the assessment period owing to the increasing per capita healthcare expenditure, and the heavy adoption of new technology in the region. Additionally, the increase in the insurance coverage and improving reimbursement scenario in the US and Canada are also projected to drive the growth of the market.

Europe is expected to hold the second largest position in the global elastography imaging market. The market growth in this region is because of the presence of a well-established healthcare system, an increase in life-threatening diseases, and the active involvement of major players. For instance, in May 2017, Esaote expanded its ultrasound sales team in the UK.

The market in Asia-Pacific is projected to have a steady growth rate during the forecast period owing to the increasing number of patients with chronic diseases and government initiatives for healthcare reforms. However, a decrease in capital investment is restricting the market growth of this region.

The market in the Middle East & Africa is likely to account for the smallest share of the global elastography imaging market. The market growth in this region is restricted due to the low per capita disposable income.

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Biologics Market 2021-2024: Key Findings, Regional Study, Top Key Players Profiles, Global Segments, Business Trends and Future Prospects

 Biologics Market Overview

The biologics market is anticipated to grow by US$285,520.4 Million by 2023 rapidly growing at a CAGR of 6.95% during the forecast period. The global biologics market is driven by development of several biopharmaceutical products.

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These factors have helped shape the biologics market and are expected to boost the growth. Companies in the biologics market could also face challenges such as high biologics production costs and restrictions in access to capacity. The details covered in the biologics market report cover all the aspects of the industry. biologics market analysts have also shared growth projections in the report and have suggested biologics market players to plan growth strategies accordingly.

Biologics Market Segmentation

The global biologics market has been segmented based on disease indication, manufacturing, and product. On the basis of disease indication, the market for biologics is segmented based on cancer, diabetes, others, psoriasis/psoriatic arthritis, rheumatoid arthritis. Additionally, the market on the basis of manufacturing, is segmented into in-house, sourced. The global market for biologics is also covered based on the product segment which is further split into gene therapy, growth factors, interleukins, vaccines, monoclonal antibody, and others.

Factors like expansion of manufacturing capabilities and rise of the new biotechnology procedures support the biologics market growth. The performance of the biologics market has also been studied for the past and current years. Additionally, the biologics market report provides analysis of these segments. The biologics market segmental analysis provided in the report offers major details about the biologics market performance and future.

Biologics Market Regional Overview

Companies in the biologics market are spread across the world. The biologics market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American biologics market has many companies across the United States, Canada, and Mexico. Europe has companies in the biologics market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the biologics market across India, China, and Japan in the Asia-Pacific region is also presented in the report. The biologics market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the biologics market can be found in the market research report.

Biologics Market Competitive Landscape

The biologics market is supported by promoted research into genetics and robust development of healthcare solutions with the help of technology. The population growth around the world and increasing demand of biologics market based services and products also support the market growth. However, the biologics market growth can be affected due to restrictions in access to capacity and companies’ inability to access higher capacity for manufacturing. The report covers all such details which will help companies in the biologics market to strengthen their business plan and improve their product portfolio. The biologics market research report also provides company profiles of major companies. The company profiles of many organizations operating in the biologics market report highlights crucial details like company size, revenue growth, and details of mergers and acquisitions taking place in the biologics market. New companies and established businesses can plan their strategies based on this data provided in the biologics market research report.

Industry News

WuXi Biologics, a multinational organization with leading open-access technology systems for biologics, and Bayer today announced an acquisition arrangement in which WuXi Biologics will take over and run the Wuppertal site of Bayer's Drug Substances plant. The firms are now preparing to enter into a long-term sublease arrangement and a contract for a relocation facility. The deal value, including the sublease arrangement, amounts to about EUR 150 million.

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Breast Biopsy Market By Existing Services, Growing Demand, Top Industries, Size and Share and Forecast to 2023

 Global Breast Biopsy Market: By Product (Biopsy Needles, Biopsy Tables), Technique Type (Fine Needle Aspiration Biopsy, Core Needle Biopsy), Guidance Technology (Ultrasound-Guided, CT-Guided Biopsy), End-Users (Hospitals, Labs) –Global Forecast Till 2023

Market Research Future (MRFR) report on the global breast biopsy market is a comprehensive research that provides a detailed overview of the market. The report covers the COVID-19 analysis of the global breast biopsy market and provides a detailed summary of market segments, current trends, growth projections, and market challenges from 2018 to 2023 (forecast period) to identify potential business opportunities.

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A biopsy is a small operation performed to remove tissue from the area of concern within the body. Breast biopsy is a procedure that involves testing small samples of breast tissue to detect breast cancer. Breast biopsies are performed using minimal invasive biopsy systems due to minimal disfigurement and pain. There are various types of biopsy procedures depending on the technique, such as fine needle aspiration biopsy (FNAB), core needle biopsy (CNB), and vacuum-assisted biopsy (VAB) prescribed by the doctor based on the size, location, and other characteristics of the breast abnormality.

 

Breast Biopsy Market Dynamics

Increased breast cancer prevalence, particularly among women over 35 years of age during menopause (more vulnerable to breast cancer) and increased awareness of breast cancer screening programs, is driving the market growth. Nonetheless, unspecific regulatory concerns, infection risks associated with breast biopsy procedures, and unclear reimbursement policies are factors that hinder market development. In addition, market limitations include the high cost of surgical procedures and the complications involved. Conversely, the advent of technologically advanced and minimally invasive breast biopsy devices is expected to create lucrative opportunities in the untapped market.

 

Breast Biopsy Market Segmentation

The global market for breast biopsy has been segmented based on product, technique type, guidance technology, and end-user.

Based on the product, the global market for breast biopsy has been classified as biopsy wires, biopsy needles, biopsy tables, guidance systems, and others.

Based on technique type, the global market for breast biopsy has been classified into fine needle aspiration biopsy, core needle biopsy, biopsy markers, surgical biopsy, MRI-guided core needle biopsy, sentinel node biopsy, and wire localization. Further, core needle biopsy is divided into needle biopsy, stereotactic core, ultrasound-guided core biopsy, freehand core-needle biopsy, and vacuum-assisted biopsy. Surgical biopsy is divided into incisional biopsy and excisional biopsy.

Based on guidance technology, the global market for breast biopsy has been classified into CT-guided biopsy, ultrasound-guided, mammography-guided magnetic resonance, and other image-guided breast biopsy (PET and thermography).

Based on end-user, the global market for breast biopsy has been divided into hospitals, ambulatory surgical centers, diagnostic centers, and others.

 

Breast Biopsy Market Regional Analysis

Regionally, the global market for breast biopsy has been segmented into the Americas, Europe, Asia Pacific, and the Middle East and Africa. 

North America is projected to have the highest market share owing to the early adoption of advanced medical technologies and the continued growth of companies operating in cancer diagnostics. The global market for breast biopsy is primarily based on North America and Europe, which account for more than 50 % of the market share.

The European market is projected to have the second-highest market share, as breast cancer is the most prevalent in the United Kingdom and Belgium. As per Cancer Research UK, 55122 new cases of invasive breast cancer were diagnosed in 2015.

The Asia Pacific region is also expected to rise in the near future due to access to appropriate treatment facilities, growing demand for advanced technologies, higher acceptance rates, growing government initiatives, and increasing healthcare expenditure.

The global breast biopsy market in the Middle East and Africa is projected to account for the lowest share of the global breast biopsy market due to underdeveloped healthcare, lack of technical knowledge, and inadequate medical facilities.

 

Breast Biopsy Market Key Players

Some of the major players identified by MRFR in the global breast biopsy market are Leica Biosystems, NuVue Therapeutics, Argon Medical Devices, Inc., C.R. Bard Inc., Becton, Dickinson and Company, Devicor Medical Products Inc. Hologic Inc. Argon Medical Devices, Encapsule Medical Devices LLC., Cook Medical Incorporated, Johnson & Johnson, Galini SRL, Intact Medical Corporation, Hologic Inc., Conceptus INC, Karl Storz GmbH & Co. Kg, GE Healthcare.

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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3D Printing Medical Devices Market Recent Trend 2021 | Trends, Demand, Growth

 The global 3D printing medical devices market is expected to exhibit a robust 18% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The global 3D printing medical devices market is studied in great detail in the report, which includes a thorough analysis of the market’s historical trajectory as well as forecasts for the market’s growth over the forecast period from 2018 to 2023. The leading drivers and restraints affecting the global market are also studied in the report, giving readers a clear and comprehensive picture of the market’s growth prospects over the forecast period. 

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3D printing medical devices has become a favored procedure in the healthcare industry due to the various benefits of the 3D printing process. With 3D printing, complicated shapes and parts can be easily produced, with little complication. Advancements in the field of CAD (computer-assisted design) have made 3D printing medical devices easy. This has driven the global 3D printing medical devices market, as widespread use has also led to a reduction in costs, making 3D printed medical devices easier to afford. With 3D printing, the amount of waste is also reduced, as the printing processes are precise and do not allow for the generation of much waste. 

The growing number of geriatrics around the world is likely to be a major driver for the global 3D printing medical devices market. Geriatrics require numerous transplants, such as hip replacements and others, increasing the demand for 3D printed medical devices. The growing acceptance of 3D printed medical devices among geriatrics is likely to remain a major driver for the 3D printing medical devices market, as the geriatric demographic is likely to remain the major consumer of 3D printed medical devices. On the other hand, the high prices of 3D printers and unfavorable reimbursement policies are likely to be the major restraints on the global 3D printing medical devices market over the forecast period. The relative novelty of 3D printed medical devices is the key factor behind this phenomenon, and over time, these complications are likely to be smoothed over. 

Competitive Analysis:

Leading players in the global 3D printing medical devices market include 3T RPD Ltd., Prodways Group, Renishaw plc, Laser GmbH, EOS, Cyfuse Biomedical KK, Bio3D Technologies, Materialise NV, Oxford Performance Materials Inc., Organovo Holdings Inc., Arcam AB, EnvisionTEC, SLM Solutions Group AG, Stratasys Ltd., and 3D Systems Corporation.

Major players in the global 3D printing medical devices market are likely to focus on product development and refinement as the major strategy over the forecast period. 

Segmentation:

The global 3D printing medical devices market is segmented on the basis of types, component, technology, application, end use, and region.

By types, the global 3D printing medical devices market is segmented into surgical guides, surgical instruments, prosthetics and implants, and tissue engineering products. The surgical guides segment is likely to hold the largest share in the global 3D printing medical devices market over the forecast period. 

By component, the global 3D printing medical devices market is segmented into system, materials software and services, 3D bioprinters, and 3D printers. The software and services segment is likely to dominate the global 3D printing medical devices market over the forecast period due to the imperative need for CAD and other design principles in 3D printing processes.

By technology, the global market is segmented into 3D printing, droplet deposition, photopolymerization, laser beam melting, electron beam melting, laminated object manufacturing, polyjet technology, and others. Photopolymerization is likely to hold the largest share in the global 3D printing medical devices market over the forecast period. 

By application, the global 3D printing medical devices market is segmented into external wearable devices, clinical study devices, implants, and tissue engineering. The external wearable devices segment holds the largest share in the market. 

By end use, the market is segmented into hospitals, medical and surgical centers, pharma and biotech companies, academic institutions, and contract research organizations. 

Regional Analysis:

The Americas and Europe are likely to hold dominant shares in the global 3D printing medical devices market. 

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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NOTE : Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

Veterinary Imaging Market 2021 Size, Share, Growth, COVID-19 Impact Analysis, Business Opportunities, Demand by Major Companies:

 Global Veterinary Imaging Market  - Overview

The global veterinary imaging market has been evaluated as steadily growing market and it is expected that the market will continue to grow similarly in the near future. Veterinary deals with diagnosis and treatment of diseases in animals. Veterinary imaging devices are useful in diagnosis and treatment of diseases in animals. These devices also gives clear understanding of disease or injury that helps veterinarian for treatment of animal. Increasing awareness about animal healthcare and improvement of animal life are key factors for the growth of the market. Disease pattern in animals are continuously changing and becoming more challenging for veterinarians to diagnose these diseases. Veterinary imaging devices gives them in accurate diagnosis and further treatment. Increasing pet adoption is another major factor for the growth of the market. Increasing number of veterinarians, veterinary clinics and growing veterinary healthcare infrastructure are driving the growth for the market. Cattle are very important part of farming that have economic importance because they provides many products like milk, meat and leather. Farmers are becoming more aware about the health of their cattle which is good sign for the growth of the market. About 75% of veterinarians are working in private hospitals or pet clinics and these hospitals or clinics are spending money in advancement of technology to provide better facilities. Veterinary imaging devices manufacturers are spending money to develop innovative and usable product for the market. However there are some factors are inhibiting the growth of the market such as high cost of devices that small clinics cannot afford, lack of knowledge about new technology or products, availability of products, access to veterinary healthcare facilities, lack of skilled veterinary professionals etc.

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Top Companies: 

Atlantis Worldwide (US), Canon Inc. (Japan), Diagnostic Imaging Systems, Inc. (US), Fujifilm Holdings Corporation (Japan), GE Healthcare (US), Hitachi, Ltd (Japan), Medical Imaging / IMCO, Inc. (US), Sectra (Sweden), Siemens AG (Germany), Toshiba Medical Systems Corporation (Japan) are some of the prominent players at the forefront of competition in the Global Veterinary Imaging Market and are profiled in MRFR Analysis. 

Global Veterinary Imaging Market  - Competitive Analysis

Characterized by the presence of several well-established and small players, the global market of veterinary imaging appears to be highly competitive and fragmented. Major market players who are increasingly expanding their footprint in the developing economy, making it difficult for regional vendors to compete with them, especially in terms of features such as product differentiation, product portfolios, quality, and pricing.  The Market is witnessing intensified competition which is expected to get more intensified further during the forecast period. The intense competition prevalent in the market dictates the consolidation among marketers. Therefore, key players ensure that their portfolio includes products both for treating sick animals and for preventing disease occurrence.

December, 2015 - Fujifilm and Anicom Holdings, Inc. entered into partnership and established joint venture for developing and providing cutting-edge veterinary technologies and services with focus on regenerative medicine. According to company reports, it had developed advanced veterinary medicine by combining Fujifilm's advanced production engineering and quality control technology nurtured in its photographic film business as well as diagnostic imaging technology, blood's chemical composition analysis technology and regenerative medical technology, with Anicom's veterinary hospital network, electronic medical record system and extensive animal treatment data. Moreover, the company had conducted science-based clinical research such as regenerative medicine including cell therapies.

Well established players incorporate acquisition, collaboration, partnership, expansion, and product launch in order to gain competitive advantage in this market and to maintain their market position.

Global Veterinary Imaging Market - Regional Analysis

Depending on geographic region, veterinary imaging market is segmented into four key regions: Americas, Europe, Asia-Pacific, and Middle East & Africa. Considering the global scenario of the market, North America holds be the largest market for veterinary imaging due to increasing awareness about animal healthcare and increasing investment in healthcare domain. Moreover the European market is also growing and second largest market for Veterinary Imaging. On the other hand, Asia-Pacific market is expected to grow at the fastest pace in the Veterinary Imaging during the forecasted period. Whereas, The Middle East & Africa have the least market share. Additionally, factors such as lack of awareness, low healthcare expenditures will restrain the market during the corresponding period.

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Airway Management Market Expected Tremendous Growth Till 2027

 Airway management is the process of maintenance and utilization of devices and procedures to ensure the steady stream of air supply to patients. These devices are employed during surgeries and patients with acute airway obstruction or respiratory failure. The global airway management market report by Market Research Future (MRFR) takes a look at the various developments in airway devices, product benchmarking, trends and opportunities, and competitive analysis for the period of 2019 to 2025 (forecast period). The impact of the COVID-19 pandemic on the market has been featured in the report.

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Airway Management Market Scope

The global airway management market value is expected to exceed USD 1,764.47 million by 2025. It can exhibit a CAGR of 5.2% over the forecast period. 

The high rate of respiratory disorders is the primary driver of the market. According to the WHO, nearly 65 million have been diagnosed with moderate to severe chronic obstructive pulmonary disorder (COPD). The susceptibility of the elderly populace and the increased use of anesthesia can sustain its demand from hospitals and clinics. Development of advanced devices and awareness of limited ventilation can induce heavy demand for airway management products.

The COVID-19 pandemic has brought the use of airway management devices to the forefront. The lack of mechanical ventilators has led to biomedical engineers and scientists using temporary ventilators made with the help of oxygen concentrators, nebulizers, resuscitators, and other devices.

But the risk of airway management procedures for neonatals can restrain market growth.

Airway Management Market Segmentation

The global airway management market is segmented by product type into anesthesia masks, supraglottic, infra-glottic, laryngoscopes, accessories, and others.

The supraglottic segment is expected to perform exceptionally owing to being placed in the trachea easily. It is used to ventilate or maintain the airway during surgeries. This segment has been further sub-segmented into laryngeal mask, nasopharyngeal, oropharyngeal airways, and others. 

Laryngoscopes are small devices used in identifying abnormalities in the throat and larynx or voice box of the patient. Commercial availability of devices such as McGRATH MAC Video Laryngoscope by Medtronic can bode well for the market. Anesthesia masks, on the other hand, are masks used during the surgical procedures to provide oxygen to patients. 

The global airway management market based on application has been segmented into surgery, general anesthesia, respiratory care, and others. Among them, surgery is expected to gain the largest share in the global market. The rising number of surgical procedures can facilitate segment growth.

End-users of airway management devices are surgical centers, hospitals, and others.  Hospitals are medical settings in which airway management devices are used as a primary point-of-care for treating patients with chronic diseases or injuries. 

Airway Management Market Regional Analysis

By region, it is segmented into the Americas, Asia Pacific (APAC), Europe, and the Middle East & Africa (MEA).

The Americas held the largest share owing to the rising number of road accidents in this region. Airway management is mainly used in fatal injuries, surgical procedures, and accident cases. Thus, it is estimated to foster regional airway management market growth. Change in healthcare guidelines and the rising cases of the COVID-19 virus can fuel the demand for such devices.

Europe held the second-largest share in the market owing to an increase in the rate of surgical procedures in the region. This is exemplified with Germany accounting for approximately 0.86 million surgical procedures. 

On the other hand, APAC is the fastest-growing market for airway management on account of the increasing awareness of technological advances and application of airway management.

Airway Management Market  Competitive Outlook

Ambu A/S, Vyaire Medical, Smiths Group PLC, Vbm Medizintechnik GmbH, Salter Labs, Teleflex Incorporated, Sourcemark, Sunmed, Intersurgical Inc, Roper Technologies, and Medtronic are key players of the global airway management market.

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