The Airway Management Devices Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Airway Management Devices Global Market Report 2024, The airway management devices market size has grown steadily in recent years. It will grow from $2.49 billion in 2023 to $2.55 billion in 2024 at a compound annual growth rate (CAGR) of 2.4%. The growth in the historic period can be attributed to increasing prevalence of chronic respiratory diseases, rising geriatric population, growing demand for minimally invasive surgeries, increasing awareness about the importance of airway management.
The airway management devices market size is expected to see steadily grown in the next few years. It will grow to $3.22 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to aging population, occupational health and safety, anesthesia practices, telemedicine and remote care. Major trends in the forecast period include enhanced video and imaging, telehealth integration, personalized and 3d-printed devices, airway management algorithms, airway management algorithms:.
The increasing prevalence of respiratory diseases is expected to propel the demand for airway management devices market over the forecast period. Airway management devices are used for difficult emergency airway management during medical procedures. According to the American Lung Association, in 2021, 142,342 people died from COPDs in the US making it sixth overall leading cause of death and fifth disease-related cause of death. Lung cancer was the deadliest cancer with 1.76 million deaths annually across the world. Moreover, 10 million people develop tuberculosis, and 334 million people suffer from asthma every year. This scenario drives the growth of the airway management devices market.
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The airway management devices market covered in this report is segmented –
1) By Type: Infraglottic Airway Management Devices, Supraglottic Airway Management Devices, Resuscitators, Laryngoscopes, Other Devices
2) By Application: Anesthesia, Emergency Medicine, Other Applications
3) By End Use: Hospital, Homecare
Companies are developing technologically advanced and automated products that enhance the efficiency of the product (blood). Technologically advanced products like automatic apheresis equipment with continuous flow centrifugation, automated interface systems, and customized anticoagulant infusion systems are being developed and adopted. The adoption of automated Apheresis equipment has resulted in a more efficient and rapid blood separation process. For instance, Companies like Haemonetics Corp have developed automated apheresis equipment NexSys PCS that increases productivity and improves quality and compliance in plasma collection centers.
The airway management devices market report table of contents includes:
1. Executive Summary
- Airway Management Devices Market Characteristics
- Airway Management Devices Market Trends And Strategies
- Airway Management Devices Market – Macro Economic Scenario
- Global Airway Management Devices Market Size and Growth
. - Global Airway Management Devices Market Competitive Benchmarking
- Global Airway Management Devices Market Competitive Dashboard
- Key Mergers And Acquisitions In The Airway Management Devices Market
- Airway Management Devices Market Future Outlook and Potential Analysis
- Appendix
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