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Airway Management Devices Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

Category : Healthcare and Pharmaceuticals | Published at : July-2023 | Delivery Format : PDF | Status: Published | Pages : 250

The Global Airway Management Devices Market Size accounted for USD 2.1 Billion in 2022 and is estimated to achieve a market size of USD 4.4 Billion by 2032 growing at a CAGR of 7.6% from 2023 to 2032.

Airway Management Devices Market Highlights

  • Global airway management devices market revenue is poised to garner USD 4.4 billion by 2032 with a CAGR of 7.6% from 2023 to 2032
  • North America airway management devices market value occupied around USD 870 million in 2022
  • Asia-Pacific airway management devices market growth will record a CAGR of more than 8% from 2023 to 2032
  • Among type, the infraglottic devices sub-segment generated over US$ 681 million revenue in 2022
  • Based on application, the anesthesia sub-segment generated around 56% share in 2022
  • Increasing integration of emergency and intensive care is a popular airway management device market trend that fuels the industry demand

Airway Management Devices Market Dynamics

Airway management devices are utilized in the medical field to maintain open airways in patients. They facilitate the exchange of gases between the lungs and the external environment, ensuring the patient's airway remains unobstructed. Various devices are employed in medicine and hospitals for this purpose, such as oropharyngeal airways, nasopharyngeal airways, laryngeal mask airways, and tracheal intubation. The prevalence of respiratory conditions like chronic obstructive pulmonary disease (COPD), lung cancer, and other lung-related diseases is on the rise due to lifestyle changes, sedentary habits, inadequate nutrition, and habits like tobacco use and excessive alcohol consumption. These significant factors contribute to the growing demand for airway management devices in the market. These devices find applications in multiple healthcare settings, including anesthesia, cardiopulmonary resuscitation, emergency medicine, neonatology, and others.

Airway Management Devices Market Insights

Global Airway Management Devices Market Dynamics

Market Drivers

  • Increasing in the demand for emergency and intensive care
  • Rising prevalence of respiratory diseases
  • Growing incidence of pre-term births

Market Restraints

  • Lack of reimbursement policies across arising countries 
  • Complications associated with the use of airway devices 

Market Opportunities

  • High efficiency in airway clearance and the maintenance of proper ventilation and patient safety
  • Surge in healthcare expenditure
  • Advancements in healthcare infrastructure

Airway Management Devices Market Report Coverage

Market Airway Management Devices Market
Airway Management Devices Market Size 2022 USD 2.1 Billion
Airway Management Devices Market Forecast 2032 USD 4.4 Billion
Airway Management Devices Market CAGR During 2023 - 2032 7.6%
Airway Management Devices Market Analysis Period 2020 - 2032
Airway Management Devices Market Base Year 2022
Airway Management Devices Market Forecast Data 2023 - 2032
Segments Covered By Type, By Patient Age, By Application, By End-User, And By Geography
Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled Boston Scientific Corporation, Coloplast Group, Convatec Group, E.M.S., Intersurgical Ltd., KARL STORZ, Lumenis Be Ltd, Medline Industries, Medtronic plc, Olympus Corporation, Smiths Medical, Inc., and SunMed LLC.
Report Coverage
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Covid-19 Analysis, Regulation Analysis

Airway Management Devices Market Insights

The market for airway management devices is being driven by various factors. Firstly, the growing adult population and the increasing prevalence of chronic diseases are contributing to the demand for these devices. Individuals with conditions such as infectious diseases, cardiac ailments, and respiratory complications require immediate airway intervention for their survival. Additionally, incidents like car accidents and severe injuries necessitate prompt airway clearance. The rising occurrence of such cases is fueling the growth of the airway management devices market.

Furthermore, the expanding prevalence of respiratory diseases is a significant factor driving market growth. The number of surgical procedures and the use of anesthesia are also increasing, and these factors, combined with the advantages offered by airway management devices in terms of efficient airway management, optimal ventilation, and patient safety during surgeries, contribute to market expansion.

Moreover, there has been a notable increase in premature births globally in recent years. Premature babies often experience breathing difficulties, apnea, asthma, and other respiratory ailments, leading to a demand for specialized airway products. This rise in the number of premature births is expected to further drive the growth of the airway management devices market.

Airway Management Devices Market Segmentation

The worldwide market for airway management devices is split based on type, patient age, application, end-user, and geography.

Airway Management Devices Types

  • Infraglottic Devices
  • Supraglottic Devices
  • Laryngoscopes
  • Resuscitators
  • Others

Airway Management Devices Market Drivers

The airway management devices industry analysis reveals that infraglottic devices have held the largest market share in previous years and are expected to continue growing rapidly during the forecast period. The subsegment of Supraglottic Devices is also projected to experience significant growth in the coming years.

One of the key advantages of Supraglottic Devices that contributes to their increasing demand is their ease of tracheal placement. This particular benefit plays a crucial role in driving the growth of this subsegment. Furthermore, the use of indirect video laryngoscopes is becoming more prevalent in clinical applications, eliminating the need for tracheal intubation. This technological advancement is anticipated to further fuel the growth of the supraglottic devices segment.

Airway Management Devices Patient Age

  • Adult Patients
  • Pediatric Patients

The patient age segment of the airway management devices market comprises two categories: adult patients and pediatric patients. In the past, the adult patients category has been the dominant segment in terms of revenue share. This can be attributed to several factors. Firstly, the growing adult population contributes to the increased demand for airway management devices. Additionally, there has been a rise in the number of adult patients with chronic diseases who require hospital visits and may need assistance such as ventilators and oxygen support. The increasing influx of adult patients, including those with long-term illnesses, to emergency rooms has been a significant driving force behind the growth of the airway management device market.

Airway Management Devices Applications

  • Anesthesia
  • Emergency Medicine
  • Others

Airway Management Devices Market Analysis Period

By application, the segment includes anesthesia, emergency medicine, and others. The anesthesia sub-segment has witnessed notable growth and emerged as the leading application segment in the airway management devices market in recent years. This can be attributed to several factors. Firstly, there is a growing demand for surgical interventions, leading to an increased need for airway management devices during anesthesia procedures. The importance of maintaining a secure airway to minimize the risks associated with anesthesia-related complications during surgical procedures has further fueled the demand for these devices.

Additionally, the field of emergency medicine has experienced significant growth in the use of airway management devices. This can be attributed to the rising number of emergency department visits and the establishment of surgical centers in emerging countries. The need for prompt and efficient airway management in emergency situations has contributed to the increased adoption of these devices in emergency medicine.

Airway Management Devices End-Users

  • Hospitals
  • Homecare
  • Others

According to the airway management devices market forecast, The hospitals segment has been the dominant market share holder in the airway management devices market, and this trend is expected to persist throughout the forecast period from 2023 to 2032. The increasing number of hospitals and improving infrastructure, coupled with overall economic development, are key factors contributing to the sustained dominance of this segment. The demand for airway management devices from the hospitals sector has been a significant driving force behind the market's growth. Furthermore, the growing number of surgical procedures performed in hospitals is also a contributing factor to the market's expansion.

Airway Management Devices Market Regional Outlook

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • Germany
  • France
  • Spain
  • Rest of Europe

Asia-Pacific

  • India
  • Japan
  • China
  • Australia
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

The Middle East & Africa

  • South Africa
  • GCC Countries
  • Rest of the Middle East & Africa (ME&A)

Airway Management Devices Market Regional Analysis

In terms of regional segments, North America has consistently held the largest revenue share in the airway management devices market in recent years. This can be attributed to several factors. Firstly, there has been significant growth in new technologies and research and development efforts in the field of airway management devices, which has resulted in improved patient treatment outcomes. The region's large adult population, particularly individuals aged 65 and older, has contributed to the increased demand for these devices due to a higher risk of chronic diseases, including asthma and others. The United States, in particular, has a substantial population of older adults, exceeding 50 billion, who are susceptible to long-term diseases. Consequently, the adoption of airway management devices has witnessed a surge in cities across North America, including the United States and Canada, driven by the increasing population and the rising incidence of chronic diseases. Overall, the growing adult population and the prevalence of chronic diseases have emerged as major factors driving the growth of the airway management devices market in North America.

Airway Management Devices Market Players

Some of the top airway management devices companies offered in our report includes Boston Scientific Corporation, Coloplast Group, Convatec Group, E.M.S., Intersurgical Ltd., KARL STORZ, Lumenis Be Ltd, Medline Industries, Medtronic plc, Olympus Corporation, Smiths Medical, Inc., and SunMed LLC.

Frequently Asked Questions

The market size of airway management devices was USD 2.1 billion in 2022.

The CAGR of airway management devices is 7.6% during the analysis period of 2023 to 2032.

The key players operating in the global market are Boston Scientific Corporation, Coloplast Group, Convatec Group, E.M.S., Intersurgical Ltd., KARL STORZ, Lumenis Be Ltd, Medline Industries, Medtronic plc, Olympus Corporation, Smiths Medical, Inc., and SunMed LLC.

North America held the dominating position in airway management devices industry during the analysis period of 2023 to 2032.

Asia-Pacific region exhibited fastest growing CAGR for market of airway management devices during the analysis period of 2023 to 2032.

The current trends and dynamics in the airway management devices industry include increasing in the demand for emergency and intensive care, rising prevalence of respiratory diseases, and growing incidence of pre-term births

The infraglottic devices type held the maximum share of the airway management devices industry.


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