Airway Management Devices Market Analysis: Growth Challenges, Opportunities and Forthcoming Developments 2022-2026

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MarketsandMarkets Presents
Airway Management Devices Market worth 2.5
billion by 2026
https//www.marketsandmarkets.com/Market-Reports/a
irway-management-device-market-116806061.html
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The report "Airway Management Devices Market by
type (Endotracheal tubes, Tracheostomy tube, LMA,
Oropharyngeal, Nasopharyngeal, Laryngoscopes,
Bougies), Application (Anesthesia, Emergency
medicine), End user (Hospitals), COVID-19 Impact
- Global Forecast to 2026" The airway management
devices market is projected to reach USD 2.5
billion by 2026 from USD 1.9 billion in 2021, at
a CAGR of 5.8 during the forecast period.
Increasing prevalence of chronic respiratory
diseases and respiratory tract infections have
surged the demand for airway rescue among
affected patients. As a result, the airway
management devices market is witnessing a steady
growth globally. Also, increasing admissions
across emergency intensive care units,
favorable reimbursement coverage for airway
management devices across developed countries,
rise in geriatric population, growing investments
in healthcare infrastructure, and high incidence
of pre-term births are supporting the growth of
the market. Download a PDF Brochure
https//www.marketsandmarkets.com/pdfdownload
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• Objectives of the Study
• The laryngoscopes segment is expected to grow at
  the highest CAGR during the forecast period
• The anesthesia segment is expected to account for
  the largest share of the airway management
  devices market by application
• The paediatric patient segment is expected to
  grow at the highest rate during the forecast
  period
• Hospitals in end-user segment is expected to
  account for the largest share of the airway
  management devices market
• Asia Pacific is expected to account for the
  highest CAGR for players operating in the airway
  management devices market
• Speak to Analyst https//www.marketsandmarkets.co
  m/speaktoanalyst

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The study categorizes the airway management
devices based on type, application, patient age,
end user, and global level.

• Global Airway Management Devices Market, by Type
• Infraglottic Airway Management Devices
• Supraglottic Airway Management Devices
• Laryngoscopes
• Resuscitators
• Global Airway Management Devices Market, by
  Application
• Anaesthesia
• Emergency Medicine
• Others
• Global Airway Management Devices Market, by
  Patient Age
• Adult Patients
• Pediatric/Neonatal Patients
• Global Airway Management Devices Market, by End
  User
• Hospitals
• Operating Rooms

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The prominent players in this market are
Medtronic plc (Ireland), Smiths Medical (UK),
Teleflex Inc. (US), and Ambu A/S (Denmark),
ConvaTec Group plc (UK), KARL STORZ (Germany),
Flexicare (US), Intersurgical Ltd. (UK), SunMed
LLC (US), Vyaire Medical (US), and VBM
Medizintechnik (Germany).
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Companies Insight
Smiths Medical held the second position in the
global market. The company provides endotracheal
tubes, endobronchial tubes, intubation
accessories, laryngoscopes, and specialty airway
products. In 2020, the companys vital care
segment (offering airway management devices)
generated about USD 421.5 million. Smiths Medical
is present in over 120 countries with operations
in 30 locations, with manufacturing sites
located in North America, Europe, and Asia. It
focuses on product innovation to expand its
portfolio, enter new markets, and build a better
network to gain a wider customer base. The
company has created a strong foothold in the
airway management devices market due to its
diversified product portfolio and its focus on
organic business strategies. The company invested
about 5.9 of its sales revenue (USD 71.1
million) in RD in FY 2020, compared to USD 64.1
million invested in FY 2019. Medtronic Plc
(Ireland) held the leading position in the airway
management devices market in 2020. The company
offers a wide range of airway management devices
including Infraglottic airway management devices,
supraglottic airway management devices,
laryngoscopes, and other airway management
devices such as stylets, CO2 detector, valves,
and cannula. The company has a strong geographic
presence established through its manufacturing
and distribution facilities, across the globe.
The company leverages its research capabilities
and innovative product portfolio to ensure a
leading position in the airway management devices
market. In FY 2020, the company invested USD
2,331 million in RD, up from USD 2,253 million
in FY 2018.
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