The Airway Management Devices Market is estimated to witness high...

The Airway Management Devices Market is estimated to witness high growth owing to technological advancements in airway management devices

Posted 2023-12-06 10:10:21

Airway management devices are medical devices used to maintain airway patency, prevent airway obstruction, and optimize respiratory gas exchange in patients under anesthesia or during respiratory emergencies. Common airway management devices include supraglottic airway devices, endotracheal tubes, tracheostomy tubes, and laryngoscopes. These devices play a vital role in emergency and critical care medicine by ensuring airway patency for delivery of oxygen and mechanical ventilation.

Market key trends:

One of the key trends contributing to the growth of the market is increasing adoption of AI-powered airway management devices. Manufacturers are integrating AI capabilities in airway management devices to aid diagnosis and treatment of respiratory diseases. For instance, AI-powered videolaryngoscopes provide enhanced visualization of the larynx and vocal cords during intubation procedures. AI analysis of images captured during intubation enables superimposition of real-time anatomical structures for guiding endotracheal tube placement. This enhances first-pass success rates and reduces intubation time. Growing investments by key players in developing AI-based airway management solutions will further fuel the demand and adoption of such advanced devices over the forecast period.

Segment Analysis

The global airway management devices market is segmented into supraglottic devices, infraglottic devices, laryngoscopes, bronchoscopes, and resuscitators. Among these, the supraglottic devices segment accounted for the largest share of the market in 2022 due to their effectiveness in airway occlusion and widespread adoption across various healthcare settings. Supraglottic devices provide an effective alternative to endotracheal intubation and are preferred for airway management of unconscious patients in emergency medical settings and operating rooms.

Key Takeaways

The Global Airway Management Devices Market Share is expected to witness high growth, exhibiting CAGR of 6.8% over the forecast period, due to increasing prevalence of chronic respiratory diseases and road accidents requiring emergency airway management procedures.

Regional analysis

North America dominated the global market in 2022 and is expected to maintain its position during the forecast period. This is attributed to rising healthcare expenditure, presence of major players, and growing pool of patients suffering from respiratory diseases driving demand for advanced airway management devices in the region. Asia Pacific is anticipated to witness the highest growth rate during the forecast period owing to growing patient population, improving healthcare infrastructure, and increasing investments by key players.

Key players

Key players operating in the airway management devices market are Medtronic PLC, ICU Medical, Inc., Viggo Medical Devices, Teleflex Incorporated, Olympus America, Polymedicure,Verathon Inc., SourceMark, SunMed, KARL STORZ, Flexicare Group Limited, and Vyaire Medical. Medtronic and Teleflex Incorporated are the market leaders due to their effective brand positioning and broad product portfolio in the field of emergency airway management devices.

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