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Airway Management Devices Market To Reach $3.59 Billion By 2030

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Sara James
Airway Management Devices Market To Reach $3.59 Billion By 2030

The global Airway Management Devices Market size is expected to reach USD 3.59 billion by 2030, expanding at a CAGR of 6.39% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growing prevalence of chronic respiratory diseases is a high impact rendering growth driver for this market. This increasing prevalence is presumed to be driving the clinical urgency to adopt airway management devices in order to improve the existing ventilation solutions and prevent conditions such as laryngospasms as well as reduce the long-term costs associated with the conventional methods.

In addition, the advent of new-generation devices that incorporate a wide array of fiber optic, optical, video, and mechanical technologies to facilitate a better view of and help the management of difficult airways are gaining popularity. For instance, video laryngoscopes, which allow real-time and enhanced visualization, are rapidly becoming the first-line measure in emergency care for efficient difficult airway management in hospitals as well as outpatient settings. The benefits of consistent technological advancements include improved optics, better aspiration capabilities, battery-powered light sources, increased angulation capabilities, and improved reprocessing procedures. The aforementioned benefits are anticipated to present the market with lucrative growth opportunities during the forecast period.

List of Key Players in Airway Management Devices Market

  • Medtronic
  • Teleflex Incorporated
  • Ambu A/S
  • Intersurgical Ltd
  • BD
  • Medline Industries, LP
  • Armstrong Medical Ltd
  • ICU Medical (Smiths Medical, Inc.)
  • Mercury Medical,
  • Convatec Inc.

Related Press Release@ Airway Management Devices Market Report

Airway Management Devices Market Report Highlights

  • The supraglottic segment is expected to exhibit lucrative growth during the forecast period. The exponential growth can be attributed to increasing adoption of laryngeal masks in a wide range of clinical applications, such as cardiopulmonary resuscitation and other medical emergencies
  • Emergency medicine is anticipated to exhibit lucrative CAGR during the forecast period owing to the increasing significance of these devices in rapid sequence intubation
  • In 2023, North America held a dominant share of the global airway management devices market as a consequence of the local presence of prominent market players working toward extensive commercialization of their product portfolio
  • Asia Pacific is anticipated to grow at an exponential CAGR due to unmet patient needs, continuous technological & infrastructural upgrades, and increasing healthcare expenditure
  • The key participants such as Ambu A/S, Teleflex, Smiths Medical, Medtronic, Intersurgical, Armstrong Medical Limited, and Becton Dickinson and Company are employing sustainability strategies to gain competitive advantage.
  • For instance, in September 2016, Ambu A/S completed the acquisition of ETView Medical Ltd., a medical device manufacturer. The acquisition was carried out to cater to unmet patient needs and provide advanced products that allow continuous airway monitoringAirway Management Devices Market Segmentation

Airway Management Devices Market Report Scope

Report Attribute

Details

Market size value in 2024

USD 2.48 billion

Revenue forecast in 2030

USD 3.59 billion

Growth rate

CAGR of 6.39% from 2024 to 2030

Base year for estimation

2023

Historical data

2018 - 2022

Forecast period

2024 - 2030

 

Request A Free Consultation @ https://www.grandviewresearch.com/request-free-consultation/1759/rfc

Airway Management Devices Market Segmentation

Grand View Research has segmented the global airway management devices market based on product, application, end-use, and region:

Airway Management Devices Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Supraglottic Devices
  • Oropharyngeal Devices
  • Nasopharyngeal Devices
  • Laryngeal Airway Masks
  • Others
  • Infraglottic Devices
  • Endotracheal Tubes
  • Tracheostomy Tubes
  • Others
  • Resuscitators
  • Laryngoscopes
  • Others

Airway Management Devices Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Anesthesia
  • Emergency Medicine
  • Others

Airway Management Devices End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • Hospitals
  • Homecare
  • Others

Airway Management Devices Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Denmark
  • Sweden
  • Norway
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Thailand
  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • MEA
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait


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