Overview and Scope
A laryngeal mask refers to a type of oropharyngeal airway that serves as an alternative to a traditional mask for anesthesia and endotracheal intubation. It is used instead of a standard facemask during routine anesthesia.
Sizing and Forecast
The laryngeal mask market size has grown rapidly in recent years. It will grow from $2.08 billion in 2023 to $2.33 billion in 2024 at a compound annual growth rate (CAGR) of 12.2%. The growth in the historic period can be attributed to increasing surgical procedures, rise in respiratory disorders, improvements in material science, global aging population, focus on patient safety.
The laryngeal mask market size is expected to see rapid growth in the next few years. It will grow to $3.64 billion in 2028 at a compound annual growth rate (CAGR) of 11.8%. The growth in the forecast period can be attributed to integration of artificial intelligence, rapid growth in ambulatory surgical centers, increased awareness and training programs, expanding applications in emergency medicine, focus on sustainable and eco-friendly materials. Major trends in the forecast period include implementation of 3d printing technology, enhanced seal and ventilation features, adoption of eco-friendly and sustainable materials, expansion of telemedicine-compatible laryngeal masks..
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Segmentation & Regional Insights
The laryngeal mask market covered in this report is segmented –
1) By Type : Reusable laryngeal masks, Disposable laryngeal masks
2) By Patient : Children, Adult, Geriatric
3) By End User: Hospitals, Clinics, Ambulatory Surgical Centers, Other End-User
North America was the largest region in the laryngeal mask market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the laryngeal mask market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing number of surgical procedures is expected to propel the growth of the laryngeal mask market going forward. A surgical procedure refers to a medical operation where incisions are made using instruments to treat disease or repair damage in a living body. Laryngeal masks are used as a temporary tool to keep the airway unobstructed during surgeries that involve general anesthesia and are utilized either to administer anesthesia or as an urgent solution for patients experiencing airway complications. For instance, in 2021, according to The Aesthetic Society, a US-based group of board-certified aesthetic plastic surgeons, in the USA, there was a 54% increase in the number of aesthetic surgical procedures in 2021 compared to 2020. Moreover, liposuction procedures, a fat removal surgery performed under anesthesia, accounted for 491,098 procedures in 2021, an increase from 296,601 procedures in 2020. Therefore, the increasing number of surgical procedures is driving the laryngeal mask market.
Key Industry Players
Major companies operating in the laryngeal mask market report are Teleflex Incorporated, Intersurgical Limited, Dynarex Corporation, Medtronic plc, Ambu A/S , Hitec Medical Co. Ltd., Polymedicure Ltd., Anandic Medical Systems, Narang Medical Limited, Vogt Medical Vertrieb GmbH, Sterilmed Inc., HSINER CO. LTD., Legend Medical Devices Inc., Medline Industries Inc., Becton Dickinson and Company , Health Business Corp., Cook Medical, Vyaire Medical Inc., Advin Health Care, Smiths Group plc, GPC Medical Ltd., Sourcemark LLC , Fannin Limited, Verathon Inc., Angiplast Pvt. Ltd., IndoSurgicals Private Limited, OXYCARE LTD., Proexamine Surgicals Private Limited, Besmed Health Business Corporation, Kindwell Medical Equipment</b
The laryngeal mask market report table of contents includes:
1. Executive Summary
2. Laryngeal Mask Market Characteristics
3. Laryngeal Mask Market Trends And Strategies
4. Laryngeal Mask Market – Macro Economic Scenario
5. Global Laryngeal Mask Market Size and Growth
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32. Global Laryngeal Mask Market Competitive Benchmarking
33. Global Laryngeal Mask Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Laryngeal Mask Market
35. Laryngeal Mask Market Future Outlook and Potential Analysis
36. Appendix
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