Airway Management Devices : A Systematic Review

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Airway Management Devices Market worth $2.5 billion by 2026 https://www.marketsandmarkets.com/Market-Reports/airway-management-device-market-1 16806061.html

The report "Airway Management Devices Market by type (Endotracheal tubes, Tracheostomy tube, LMA, Oropharyngeal, Nasopharyngeal, Laryngoscopes, Bougies), Application (Anesthesia, Emergency medicine), End user (Hospitals), COVID-19 Impact - Global Forecast to 2026" The airway management devices market is projected to reach USD 2.5 billion by 2026 from USD 1.9 billion in 2021, at a CAGR of 5.8% during the forecast period. Increasing prevalence of chronic respiratory diseases and respiratory tract infections have surged the demand for airway rescue among affected patients. As a result, the airway management devices market is witnessing a steady growth globally. Also, increasing admissions across emergency & intensive care units, favorable reimbursement coverage for airway management devices across developed countries, rise in geriatric population, growing investments in healthcare infrastructure, and high incidence of pre-term births are supporting the growth of the market.

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Objectives of the Study: • The laryngoscopes segment is expected to grow at the highest CAGR during the forecast period • The anesthesia segment is expected to account for the largest share of the airway management devices market by application • The paediatric patient segment is expected to grow at the highest rate during the forecast period • Hospitals in end-user segment is expected to account for the largest share of the airway management devices market • Asia Pacific is expected to account for the highest CAGR for players operating in the airway management devices market

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The study categorizes the airway management devices based on type, application, patient age, end user, and global level.

Global Airway Management Devices Market, by Type • Infraglottic Airway Management Devices • Supraglottic Airway Management Devices • Laryngoscopes • Resuscitators Global Airway Management Devices Market, by Application • Anaesthesia • Emergency Medicine • Others Global Airway Management Devices Market, by Patient Age • Adult Patients • Pediatric/Neonatal Patients Global Airway Management Devices Market, by End User • Hospitals • Operating Rooms • Emergency Care Departments • Intensive Care Units • Ambulatory Care Settings • Home Care Settings

The prominent players in this market are Medtronic plc (Ireland), Smiths Medical (UK), Teleflex Inc. (US), and Ambu A/S (Denmark), ConvaTec Group plc (UK), KARL STORZ (Germany), Flexicare (US), Intersurgical Ltd. (UK), SunMed LLC (US), Vyaire Medical (US), and VBM Medizintechnik (Germany).

Companies Insight Smiths Medical held the second position in the global market. The company provides endotracheal tubes, endobronchial tubes, intubation accessories, laryngoscopes, and specialty airway products. In 2020, the company’s vital care segment (offering airway management devices) generated about USD 421.5 million. Smiths Medical is present in over 120 countries with operations in ~30 locations, with manufacturing sites located in North America, Europe, and Asia. It focuses on product innovation to expand its portfolio, enter new markets, and build a better network to gain a wider customer base. The company has created a strong foothold in the airway management devices market due to its diversified product portfolio and its focus on organic business strategies. The company invested about 5.9% of its sales revenue (USD 71.1 million) in R&D in FY 2020, compared to USD 64.1 million invested in FY 2019.

Medtronic Plc (Ireland) held the leading position in the airway management devices market in 2020. The company offers a wide range of airway management devices including Infraglottic airway management devices, supraglottic airway management devices, laryngoscopes, and other airway management devices such as stylets, CO2 detector, valves, and cannula. The company has a strong geographic presence established through its manufacturing and distribution facilities, across the globe. The company leverages its research capabilities and innovative product portfolio to ensure a leading position in the airway management devices market. In FY 2020, the company invested USD 2,331 million in R&D, up from USD 2,253 million in FY 2018.

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