Airway Management Devices Market to capture a CAGR of 5.70%, while touching approximately USD 2800 million by 2030

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.

Market Overview:

The process of evaluating, strategizing, and performing medical interventions to uphold or re-establish a person's ability to breathe is known as airway management,  and an airway management device (AMD) is a device that connects the breathing system to a patient's lungs. It serves to deliver oxygen-enriched air post-operatively and secure the patient's airway during surgery to prevent obstruction from deep anesthesia.

The AMD also ensures accurate delivery of anaesthetic gases and can protect the lungs from gastric content aspiration if necessary.

The Airway Management Devices (AMD) market encompasses a range of devices used post-surgery or intraoperatively to ensure unobstructed airflow for patients. AMDs include nasal prongs, variable performance masks, artificial airways (e.g., facemasks, supraglottic airways, endotracheal tubes), and laryngoscopes, among others.

Selection depends on surgical and anesthetic needs, practitioner experience, and equipment availability. With advancements like latex-free materials and various LMAs, the market continues to evolve.

Airway management remains critical in emergency medicine and is vital for healthcare providers in challenging situations.

Top Key Players for 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 key players.

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The report summarizes all the information collected and serves the customer's requirements. However, these market analyses help in understanding market growth at both global and regional levels.

For market data analysis, we have market panorama tools such as Market Dynamics, Competitor Analysis, PESTEL Analysis, SWOT Analysis, Porter Five Forces Analysis, Value Chain Analysis, Technology Roadmap and Evolution, Regulatory Framework, Price Trend Analysis, Patent Analysis, Covid-19 Impact Analysis, Russia-Ukraine War Impact and others.

Market Dynamics and Factors for Airway Management Devices Market:

Drivers:

Rising Number of Surgery Cases

Airway management devices play a crucial role in surgical procedures, as patients often require assistance with breathing and ventilation in its Endotracheal tubes and supraglottic airways are commonly used during surgery. These devices help healthcare professionals efficiently deliver oxygen and anaesthetic gases to the patient's lungs, regulate the airway, and reduce the risk of complications.

As the demand for surgical procedures increases, the need for airway devices becomes paramount to ensure patient safety and optimize surgical outcomes.

Opportunities:

Government Investments in Healthcare Infrastructure

Government investments in healthcare infrastructure and initiatives aimed at improving medical facilities present a significant opportunity for Airway Management Devices (AMD). As healthcare systems upgrade and expand, there will be a growing demand for advanced and efficient AMDs to ensure optimal airway management during surgeries, critical care, and emergency situations.

With increased funding and support from governments, healthcare facilities are more likely to invest in state-of-the-art AMDs, including artificial airways, laryngeal mask airways, and endotracheal tubes. The adoption of modern AMDs can lead to enhanced patient outcomes, reduced complications, and improved overall patient care.

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Segmentation Analysis of the Airway Management Devices Market:

By End-User, Hospital segment dominates the market. Airway management devices in hospitals are essential for surgeries, emergencies, and intensive care units, providing proper oxygenation and ventilation.

Endotracheal tubes and supraglottic airways facilitate controlled ventilation during surgery and quick airway access in emergencies. They also offer long-term support for patients needing mechanical ventilation or tracheostomies.

These devices play a crucial role in maintaining patient safety, ensuring successful respiratory interventions, and supporting overall well-being in hospital settings.

By Product Type

• Supraglottic Airways
• Endotracheal Tubes
• Tracheostomy Tubes
• Laryngeal Masks
• Others

By Patient Age Group

• Adult
• Paediatric
• Neonatal

By Application

• Anaesthesia
• Emergency Medicine
• Critical Care
• Others

By End Users

• Hospitals
• Ambulatory Surgical Centres
• Homecare Settings
• Emergency Medical Services (EMS)
• Others

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Regional Analysis of the Airway Management Devices Market:

North America dominates the Airway Management Devices market due to advanced healthcare infrastructure, high healthcare costs, and increasing respiratory diseases and surgical procedures in the region. The region's focus on innovation and advanced technologies drives market growth, supported by strict regulatory standards and reimbursement practices ensuring safety and efficacy.

By Region     

• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, U.K., 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, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

Key Industry Development:

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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