1. What is the projected Compound Annual Growth Rate (CAGR) of the Airway Management Devices Market?
The projected CAGR is approximately 17.4%.
Airway Management Devices Market by Type (Infraglottic Airway Management Devices [Endotracheal Tubes, Tracheostomy Tubes], Supraglottic Airway Management Devices [Oropharyngeal Airways (OPAS), by Application (Anesthesia, Emergency Medicine, Others), by End User (Hospitals & ASCs, Homecare, Others), by North America (U.S., Canada) Forecast 2025-2033
The Airway Management Devices Market size was valued at USD 1.81 USD billion in 2023 and is projected to reach USD 5.56 USD billion by 2032, exhibiting a CAGR of 17.4 % during the forecast period. Airway management devices used for maintaining patent airways are medical tools which promote adequate oxygen intake and ventilation in patients treated in different healthcare settings. Emergency medicine, anesthesia, critical care and respiratory therapy are completely dependent on these devices. ETTs, which are airway management devices in the form of flexible tubes, are inserted through the mouth or nose and pushed into the trachea. They permit safe mechanical ventilation, prevent aspiration complications and aid in giving anesthesia during surgeries. Laryngeal mask airways (LMAs) are supraglottic devices inserted into the pharynx to establish a tight seal around the larynx without traumatizing the trachea. They aid in critical positive pressure ventilation and are often considered the viable alternatives to ETT in an emergency and also as short-term airway management. A tracheostomy tube is a tube that is placed directly into the trachea through an opening that is surgically made in the neck. These tubes help long-term ventilation for patients with chronic breathing conditions or patients who require extended mechanical ventilation; they are less prone to discomfort and expulsion compared to ETTs. Partly, airway management devices are irreplaceable in the provision of oxygenation, prevention of airway obstruction, and respiratory support by critically ill or anesthetized patients,
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This comprehensive report provides an exhaustive examination of the global airway management devices market, encompassing market dynamics, growth projections, key drivers, challenges, and emerging opportunities. It offers granular insights into market segmentation, regional trends, and competitive landscapes, empowering stakeholders with the knowledge to navigate the market effectively. Additionally, the report features detailed profiles of leading players, their market strategies, financial performance, and contributions to the industry.
Analysis of pricing trends across different regions and market segments, including historical data and projections.
Assessment of import and export volumes, values, and patterns for major countries and regions.
Market segmentation based on type, application, end user, and geography, with detailed analysis and market size estimates.
Analysis of patents and trademarks filed and granted in the airway management devices market, including key trends and innovations.
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 17.4% from 2019-2033 |
Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 17.4%.
Key companies in the market include Medtronic (Ireland), Teleflex Incorporated (U.S.), KARL STORZ SE & Co. KG (Germany), ICU Medical (U.S.), Convatec Group PLC (U.K.), Ambu A/S (Denmark), Intersurgical Ltd (U.K.), VBM Medizintechnik GmbH (Germany), VYAIRE MEDICAL INC. (U.S.), Flexicare Medical Limited (U.K.).
The market segments include Type, Application, End User.
The market size is estimated to be USD 1.81 USD billion as of 2022.
Rising Number of Joint Ventures and Start-ups Amongst Industry Players will propel the Market.
Increasing Number of Hospitals and ASCs Identified as Significant Market Trend.
Complications Associated With the Use of Airway Devices to Limit the Adoption.
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