NEW YORK, Oct. 19, 2023 /PRNewswire/ -- The airway management products market size is expected to grow by USD 565.47 million from 2022 to 2027. In addition, the momentum of the market will progress at a CAGR of 5.57% during the forecast period, according to Technavio Research. The market is segmented by Product (Infraglottic devices, Supraglottic devices, Laryngoscopes, and Others), End-user (Hospitals and clinics, Ambulatory care settings, and Home care settings), and Geography (North America, Europe, Asia, and Rest of World (ROW)). To gain access to more vendor profiles available with Technavio, buy the report!
North America will contribute 42% to the growth of the global market during the forecast period. Technological innovation leads the growth of the airway management products market in North America. The safety and well-being of patients requiring respiratory support and airway intervention is also major factor fueling the demand for this market. There is also a high dependence on these products by healthcare professionals in the region in order to optimize patient care. Hence, owing to such factors, the regional market for airway management products will grow in the North American region during the forecast period. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Read a FREE PDF Sample Report
Company Profile:
Ambu AS, Becton Dickinson and Co., Besmed Health Business Corp., BLS Systems Ltd., ConvaTec Group Plc, Eakin Healthcare Group, ICU Medical Inc., Intersurgical Ltd., KARL STORZ SE and Co. KG, Medline Industries LP, Medtronic Plc, Oscar Boscarol S.R.L, Sarnova, SunMed, Teleflex Inc., VBM Medizintechnik GmbH, Vogt Medical Vertrieb GmbH, Vyaire Medical Inc., Weihai Strongmedical SciTech Co. LTD.
Ambu AS: The company offers airway management products in the form of Airway tubes such as Ambu AuraGain Disposable Laryngeal Mask, Ambu SPUR II Disposable Resuscitator, and VivaSight DL.
Airway Management Products Market: Segmentation Analysis
The infraglottic devices segment is significant during the forecast period. The specialized devices designed to manage and secure the airway in medical settings classify this segment. Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report
"Besides analyzing the current market scenario, our report examines historic data from 2017 to 2021"- Technavio
Airway Management Products Market: Driver & Trend:
Drivers
- Growing prevalence of respiratory diseases
- Growing demand for disposable airway management products
- Growing aging populations
The growing prevalence of respiratory diseases drives the airway management products market. The growth in this prevalence of respiratory disorders leads to a growing demand for airway management products. The most common respiratory diseases that need airway management products include chronic obstructive pulmonary disease (COPD), asthma, and obstructive sleep apnea. Factors such as air pollution, smoking, and unhealthy lifestyles cause these diseases. Airway management products help ensure patient safety and improve healthcare outcomes. They also facilitate optimal ventilation, oxygenation, and patient comfort. Hence, such factors drive the growth of the airway management products market during the forecast period.
Strategic alliances among market vendors are a key trend in the airway management products market. Identify key trends, drivers, and challenges in the market. Download a FREE sample report to gain access to this information.
Related Reports:
The continuous positive airway pressure (CPAP) devices market size is estimated to grow at a CAGR of 6.56% between 2022 and 2027. The market size is forecast to increase by USD 1,308.81 million.
The bilevel positive airway pressure (BiPAP) market in US is estimated to grow by USD 130.51 million between 2021 to 2026 accelerating at a CAGR of 4.86%.
ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by End-user
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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