Airway Management Devices Market Research Report 2023
Airway Management Devices Market Size By Product Type (Supraglottic Airways, Endotracheal Tubes, Tracheostomy Tubes, Laryngeal Masks, Others) Patient Age Group (Adult, Paediatric, Neonatal) Application (Anaesthesia, Emergency Medicine, Critical Care, Others) End-user (Hospitals, Ambulatory Surgical Centres, Homecare Settings, Emergency Medical Services (EMS), Others) And Region Global Market Analysis and Forecast, 2023-2030
Airway Management Devices Market Synopsis
The Global Airway Management Devices Market size was valued at USD 1902 Million in 2023 and is projected to reach USD 2800 Million by 2030, growing at a CAGR of 5.70% from 2023 to 2030.
Airway management devices are essential medical devices used to open and maintain the airways of patients requiring respiratory assistance. They are essential in procedures such as anaesthesia, emergency care and intensive care, ensuring adequate oxygenation and ventilation while securing the patient's airway.
- Common airway management devices include supraglottic airways (such as laryngeal masks), endotracheal tubes, tracheostomy tubes, and laryngeal masks. A supraglottic airway is placed over the larynx to provide a safe airway during anaesthesia or emergencies. Endotracheal tubes are inserted into the trachea for mechanical ventilation, and tracheostomy tubes are used for long-term airway management in patients with a tracheostomy.
- These devices are used in a variety of age groups, including adults, paediatric patients, and neonates, and come in a variety of sizes and designs to accommodate anatomical differences in the airway. They are widely used in hospitals, ambulatory surgery centres, home care and emergency services.
- Factors influencing the respiratory devices market include the rise in respiratory diseases, the increasing number of surgical procedures, advancement in technology and the need for effective airway management in intensive care. Manufacturers are prioritizing the development of innovative devices to improve patient comfort, minimize complications and optimize airway management. Ongoing research and development focus on improving device efficiency, safety and patient outcomes in airway management.
Top Key Players Involved Are:
"Boston Scientific Corporation (U.S.), Coloplast Group (Denmark), E.M.S. (Switzerland), Lumenis Be Ltd (Israel), Olympus Corporation (Japan), Dornier MedTech. (Germany), Richard Wolf GmbH (Germany), Siemens (Germany), Medtronic (Ireland), Smiths Medical (U.S.), Teleflex Incorporated (U.S.), Ambu A/S (Denmark), Verathon Inc. (U.S.), SourceMark (U.S.), SunMed (U.S.), KARL STORZ (Germany), Flexicare (Group) Limited (U.S.), TRACOE medical GmbH (Germany), Vyaire Medical (U.S.) and other major key players."
The Airway Management Devices Market Trend Analysis
Rising Surgeries Drive Airway Device Demand
- A key factor in the use of airway management devices is the increasing number of surgical procedures, either elective or emergency. During surgical procedures, patients often require assistance with breathing and ventilation to ensure adequate oxygenation and ventilation. Airway control devices play a vital role in maintaining an open and safe airway by allowing healthcare professionals to efficiently deliver oxygen and anaesthetic gases to the patient's lungs.
- In surgical settings, airway management devices such as endotracheal tubes and supraglottic airways are used to protect the airway and allow gastric passage. Endotracheal tubes are placed in the trachea to allow mechanical ventilation and regulate the patient's airway during surgery. Supraglottic airways, such as laryngeal masks, are placed over the larynx and provide a safe airway, especially in cases where intubation may be difficult or unnecessary.
- As the demand for surgical procedures increases worldwide, the need for airway devices to ensure patient safety and optimize surgical outcomes becomes paramount. These devices help healthcare professionals maintain adequate ventilation, reduce the risk of complications and improve overall surgical efficiency.
AI Integration Enhances Airway Devices
- The integration of artificial intelligence (AI) and machine learning (ML) technologies into respiratory management devices is bringing significant advances to the field. AI and ML algorithms can analyze real-time patient data such as vital signs and breathing patterns to provide accurate and timely insights. This enables device automation, where AI algorithms can adapt parameters such as ventilation settings to the patient's individual needs, optimizing airway management.
- AI-powered real-time monitoring systems can continuously monitor patient parameters and alert healthcare providers to any abnormalities or potential complications in airway management. This proactive monitoring enables early detection and timely intervention of critical events, improving patient safety and outcomes.
- AI and ML algorithms can drive personalized patient care by learning from massive data, including patient demographics, medical history and treatment outcomes. This enables the development of predictive models to help clinicians make informed decisions about airway management strategies tailored to the unique needs of each patient.
Segmentation Analysis Of The Airway Management Devices Market
Airway Management Devices market segments cover the Product Type, Patient Age Group, Application, and End-user. By End-user, Hospital segment is Anticipated to Dominate the Market Over the Forecast period.
- Airway management devices in hospitals ensure proper oxygenation and ventilation for patients in medical scenarios. They are used during surgeries, emergencies, and critical care to maintain a clear airway and support respiratory control. These devices, such as endotracheal tubes and supraglottic airways, play a vital role in ensuring patient safety and well-being.
- Airway management devices in hospitals are essential for surgeries, emergencies, and intensive care units. They enable controlled ventilation during surgery, quick access to the airway in emergencies, and long-term support for patients requiring mechanical ventilation or tracheostomies. These devices are crucial for maintaining patient safety and facilitating successful respiratory interventions in hospital settings.
- Proper selection, placement, and monitoring of airway management devices are vital in hospitals. Adequate training ensures their appropriate use, minimizing complications and optimizing patient outcomes. The availability and proper utilization of these devices enhance care quality, patient safety, and the success of respiratory procedures in hospitals.
Source: Statista
- The data represents the top companies measured by medical device revenue in 2021. These companies have achieved strong financial results, which indicates their success in the market. Their significant turnover figures reflect their ability to develop and market innovative medical devices, underscoring their position in the industry. Thus, this companies are increasing growth for the Airway management devices.
Regional Analysis of The Airway Management Devices Market
North America is Expected to Dominate the Market Over the Forecast Period.
- The North American Respiratory Management Devices market is an important segment in the global healthcare industry. This region consists of countries such as the United States, Canada and Mexico, which are known for their advanced healthcare infrastructure and high healthcare costs.
- In North America, the demand for airway management devices is driven by factors such as increasing respiratory diseases, increasing surgical procedures and an established healthcare system. The adoption of advanced technologies and medical innovations is also high in the region, which is fuelling the growth of the market.
- The market is characterized by the presence of leading manufacturers and a competitive environment that focuses on the development of innovative and technologically advanced airway devices. Strict regulatory standards and strict reimbursement practices in North America contribute to the overall growth of the market and ensure the safety and efficacy of these devices.
- With improved patient safety and health outcomes, the North American respiratory management market is poised for continued growth due to technological advancements, increased health awareness, and the need for effective airway management in various healthcare settings.
Covid-19 Impact Analysis On Airway Management Devices Market
- The COVID-19 pandemic has hurt the Airway Management Equipment market across the globe, including North America. The virus outbreak has significantly reduced elective surgeries and non-emergency procedures, resulting in lower overall demand for respiratory control devices.
- Hospitals and health services have focused primarily on managing COVID-19 cases, diverting resources from other medical procedures. The global supply chain and production processes have been disrupted due to restrictions and restrictions imposed to prevent the spread of the virus.
- This caused challenges in the production and distribution of respiratory control devices, leading to supply shortages in some regions. healthcare facilities have faced financial constraints due to rising costs and a declining number of patients related to the COVID-19 virus. This further affected the purchasing power and investment ability of respiratory management equipment.
Top Key Players Covered in The Airway Management Devices Market
- Boston Scientific Corporation (U.S.)
- Coloplast Group (Denmark)
- M.S. (Switzerland)
- Lumenis Be Ltd (Israel)
- Olympus Corporation (Japan)
- Dornier MedTech. (Germany)
- Richard Wolf GmbH (Germany)
- Siemens (Germany)
- Medtronic (Ireland)
- Smiths Medical (U.S.)
- Teleflex Incorporated (U.S.)
- Ambu A/S (Denmark)
- Verathon Inc. (U.S.)
- SourceMark (U.S.)
- SunMed (U.S.)
- KARL STORZ (Germany)
- Flexicare (Group) Limited (U.S.)
- TRACOE Medical GmbH (Germany)
- Vyaire Medical (U.S.)
- Fisher & Paykel Healthcare (New Zealand)
Key Industry Developments in the Airway Management Devices Market
In November 2022, Boston Scientific Corporation announced its intention to acquire Apollo Endosurgery, Inc. in a definitive agreement. The acquisition will be an all-cash transaction, with Boston Scientific purchasing each share of Apollo Endosurgery for $10. This deal represents an enterprise value of approximately $615 million.
In March 2022, Medtronic is collaborating with Cosmo Pharmaceuticals and NVIDIA to integrate NVIDIA's artificial intelligence technologies into the GI Genius™ module for colonoscopies. This FDA-approved AI-assisted tool aims to help doctors identify polyps that can lead to colon cancer. Leveraging NVIDIA's AI capabilities, the collaboration aims to improve the accuracy and efficiency of colonoscopy procedures, ultimately improving patient outcomes for colon cancer detection and prevention.
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Global Airway Management Devices Market |
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Base Year: |
2022 |
Forecast Period: |
2023-2030 |
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Historical Data: |
2016 to 2021 |
Market Size in 2023: |
USD 1902 Mn. |
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Forecast Period 2023-30 CAGR: |
5.70% |
Market Size in 2030: |
USD 2800 Mn. |
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Segments Covered: |
By Product Type |
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By Patient Age Group |
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By Application |
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By End Users |
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By Region |
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Global Airway Management Devices Market |
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Base Year: |
2022 |
Forecast Period: |
2023-2030 |
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Historical Data: |
2016 to 2021 |
Market Size in 2023: |
USD 1902 Mn. |
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Forecast Period 2023-30 CAGR: |
5.70% |
Market Size in 2030: |
USD 2800 Mn. |
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Segments Covered: |
By Product Type |
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By Patient Age Group |
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By Application |
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By End Users |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Product Type
3.2 By Patient Age Group
3.3 By Application
3.4 By End-user
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5
Frequently Asked Questions
What would be the forecast period in the Airway Management Devices Market research report?
The forecast period in the Airway Management Devices Market research report is 2023-2030.
Who are the key players in Airway Management Devices Market?
Boston Scientific Corporation (U.S.), Coloplast Group (Denmark), E.M.S. (Switzerland), Lumenis Be Ltd (Israel), Olympus Corporation (Japan), Dornier MedTech. (Germany), Richard Wolf GmbH (Germany), Siemens (Germany), Medtronic (Ireland), Smiths Medical (U.S.), Teleflex Incorporated (U.S.), Ambu A/S (Denmark), Verathon Inc. (U.S.), SourceMark (U.S.), SunMed (U.S.), KARL STORZ (Germany), Flexicare (Group) Limited (U.S.), TRACOE medical GmbH (Germany), Vyaire Medical (U.S.) and other major players.
What are the segments of the Airway Management Devices Market?
The Airway Management Devices Market is segmented into Product Type, Patient Age Group, Application, End-user and Region. By Product Type, the market is categorized into Supraglottic Airways, Endotracheal Tubes, Tracheostomy Tubes, Laryngeal Masks, and Others. By Patient Age Group, the market is categorized into Adult, Pediatric, and Neonatal. By Application, the market is categorized into Anesthesia, Emergency Medicine, Critical Care, and Others. By End-user, the market is categorized into Hospitals, Ambulatory Surgical Centers, Homecare Settings, Emergency Medical Services (EMS), and Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia Pacific (China; India; Japan; South Korea; Malaysia; Thailand; Vietnam; The Philippines; Australia; New-Zealand; Rest of APAC), Middle East & Africa (Turkey; Bahrain; Kuwait; Saudi Arabia; Qatar; UAE; Israel; South Africa), South America (Brazil; Argentina; Rest of SA)
What is the Airway Management Devices Market?
Airway management devices are essential medical devices used to open and maintain the airways of patients requiring respiratory assistance. They are essential in procedures such as anesthesia, emergency care and intensive care, ensuring adequate oxygenation and ventilation while securing the patient's airway.
How big is the Airway Management Devices Market?
The Global Airway Management Devices Market size was valued at USD 1902 Million in 2023 and is projected to reach USD 2800 Million by 2030, growing at a CAGR of 5.70% from 2023 to 2030.
