Airway management devices market

Airway Management Devices Market, by Device Type (Supraglottic Airway Management Devices (Laryngeal Mask Airway, Oropharyngeal Airway, And Nasopharyngeal Airway), Infraglottic Airway Management Devices (Endotracheal Tubes and Tracheostomy Tubes), Laryngoscopes (Conventional Laryngoscope and Video Laryngoscopes), Resuscitators, Others (Cricothyrotomy Kits, etc.)), by Use (Single Use and Reusable), by Patient Type (Adult Patient and Pediatrics), by End User (Hospitals, Ambulatory Surgery Centers, Others (Home Care, etc.)), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

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Nov 2022
CMI5364
214 Pages
Excel & Pdf
Medical Devices

Summary

The assessment, planning, and series of medical procedures necessary to preserve or restore a person's ventilation, or breathing, are referred to as airway management. Air can enter the lungs from the nose and mouth by keeping the airway open. For clinicians to be effective in life-or-death situations, they must possess the fundamental knowledge of airway management. Lack of airway control in circumstances where it might be necessary can result in individuals' blood oxygen levels being reduced, which is potentially fatal. Thus, in such situations airway management devices are used. The different types of medical devices used to maintain or open an individual’s airway include the oropharyngeal airway (OPA), nasopharyngeal airway (NPA), and endotracheal airway (ETA) and others.

Global airway management devices market is estimated to be valued at US$ 1,825.4 million in 2022 and is expected to exhibit a CAGR of 6.8% during the forecast period (2022-2030).

Figure 1. Global Airway Management Devices Market Share (%), by Device Type, 2022

Global Airway Management Devices Market- Drivers

The global airway management devices market is primarily driven by increasing product launches by key market players which in turn increases demand for airway management devices during the forecast period. For instance, in July 2021, Vyaire Medical, Inc., a medical device manufacturing company, launched AirLife Open oxygen mask, which have advanced design and airway management technology.

Increasing prevalence of chronic respiratory disease among the global population is expected to increase the growth of the global airway management devices market during the forecast period. For instance, the National Health Service stated that approximately 1.17 million people in the U.K. were diagnosed with chronic obstructive pulmonary disease (COPD) in 2021, which comprises of approximately 1.9% of the total population.

Airway Management Devices Market Report Coverage

Report Coverage	Details
Base Year:	2021	Market Size in 2022:	US$ 1,825.4 Mn
Historical Data for:	2017 to 2020	Forecast Period:	2022 to 2030
Forecast Period 2022 to 2030 CAGR:	6.8%	2030 Value Projection:	US$ 3,080.7 Mn
Geographies covered:	North America: U.S. and Canada Latin America: Brazil, Argentina, Mexico, and Rest of Latin America Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific Middle East: GCC Countries, Israel, and Rest of Middle East Africa: South Africa, North Africa, and Central Africa
Segments covered:	By Device Type: Supraglottic Airway Management Devices (Laryngeal Mask Airway, Oropharyngeal Airway, Nasopharyngeal Airway), Infraglottic Airway Management Devices (Endotracheal Tubes, Tracheostomy Tubes), Laryngoscopes (Conventional Laryngoscope, Video Laryngoscopes), Resuscitators, Others (Cricothyrotomy Kits, etc.) By Use: Single Use, Reusable By Patient Type: Adult Patient, Pediatrics By End User: Hospitals, Ambulatory Surgery Centers, Others (Home Care, etc.)
Companies covered:	Medtronic PLC, ICU Medical, Inc., Viggo Medical Devices, Teleflex Incorporated, Olympus America, Polymedicure, Ambu A/S., Verathon Inc., SourceMark, SunMed, KARL STORZ, Flexicare (Group) Limited, and Vyaire Medical
Growth Drivers:	Increasing prevalence of chronic and life threatening diseases Increasing product launches and approvals by the regulatory authorities
Restraints & Challenges:	Product recall of airway management devices products

Figure 2. Global Airway Management Devices Market Share (%), by Region, 2022

Global Airway Management Devices Market– Impact of Coronavirus (COVID-19) Pandemic

Since the COVID-19 virus outbreak in December 2019, the disease has spread to over 100 countries across the globe and the World Health Organization had declared it a public health emergency on January 30, 2020.

COVID-19 has affected the economy in three main ways: by directly affecting production and demand of drugs and vaccines, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to nationwide lockdowns, several countries, such as China, India, Saudi Arabia, U.A.E., Egypt, and others, faced problems with regard to the transportation of drugs and vaccines from one place to another.

However, the COVID-19 pandemic had a positive impact on the global airway management devices market due to the increase in the respiratory related diseases such as chronic obstructive pulmonary disease (COPD), asthma etc. Moreover, due to Covid-19 virus outbreak, large number of people are suffering from coronavirus and this is expected to drive the market growth during the forecast period.

Global Airway Management Devices Market: Key Developments

In January 2019, Oventus Medical, a medical device company, released a new product, O2 Vent Optima. It is used in the obstructive sleep apnea disorder. It is designed on the basis of Oventus Medical’s airway technology. It prevents collapsing of airway and unobstructed airflow from tongue, soft palate, and nose. It can be used with or without continuous positive airway pressure

Global Airway Management Devices Market: Restraint

Increasing product recalls by the market players is expected to hamper the growth of the market over the forecast period. For instance, on August 29, 2022, the U.S. Food and Drug Administration announced that Philips Respironics (Philips) recalled certain bi-level positive airway pressure (also known as Bilevel PAP, BiPAP, or BPAP) machines as it was found that the machine was contaminated with plastic of a non-compatible material. If that plastic gets accumulated in the device motor, it may release certain chemicals of concern called volatile organic compounds (VOCs). The plastic may also cause the machine to fail and stop working suddenly during use.

Global Airway Management Devices Market- Key Players

Major players operating in the global airway management devices market include Medtronic PLC, ICU Medical, Inc., Viggo Medical Devices, Teleflex Incorporated, Olympus America, Polymedicure, Ambu A/S., Verathon Inc., SourceMark, SunMed, KARL STORZ, Flexicare (Group) Limited, and Vyaire Medical

Table of Content

Table of Contents

*Browse 43 market data tables and 34 figures on “Global Airway Management Devices Market” - forecast to 2030

Segmentation

Detailed Segmentation:

- Frequently Asked Questions -

What is the current market size and compound annual growth rate (CAGR) of the global airway management devices market during the forecast period (2022-2030)?

Global airway management devices market size is estimated to be valued at US$ 1,825.4 million in 2022 and is expected to exhibit a CAGR of 6.8% between 2022 and 2030.

What are the major factors driving the market growth?

Factors such as increasing prevalence of chronic and life threatening diseases and increasing product launches and approvals by the regulatory authorities are expected to drive the market.

Which is the leading device type segment in the market?

Infraglottic Airway Management Devices is the leading device type segment in the market.

What are the key factors hampering growth of the market?

The major factors hampering growth of the market include product recall of airway management devices products.

Which are the major players operating in the market?

Major players operating in the market include Medtronic PLC, ICU Medical, Inc., Viggo Medical Devices, Teleflex Incorporated, Olympus America, Polymedicure, Ambu A/S., Verathon Inc., SourceMark, SunMed, KARL STORZ, Flexicare (Group) Limited, and Vyaire Medical