Airway Management Device Market Forecast to 2029: Key Players, Growth, Trends and Opportunities
The finest Airway Management Device market report describes CAGR value fluctuation during the forecast period of 2021-2028 for the market. It is the most suitable, rational, and admirable market research report provided with a devotion and comprehension of business needs. The market report also comprises drivers and restraints for the market that are obtained with the help of SWOT analysis and also show all the recent developments, product launches, joint ventures, mergers, and acquisitions by the several key players and brands with their systemic company profiles that are driving the market. Airway Management Device is the most capable market research report which has been prepared in the way anticipated.
Data Bridge Market Research analyses that the airway management device market was valued at USD 3856.56 million in 2021 and is expected to reach the value of USD 6146.77 million by the year 2029, at a CAGR of 6.00% during the forecast period. The factors driving market growth are an increase in anaesthesia procedures worldwide and a high incidence of preterm births. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Browse Full Report Along With Facts and Figures @ https://www.databridgemarketresearch.com/reports/global-airway-management-device-market
Market Overview:
An airway management device is a collection of medical procedures used to keep patients' airways clear. This device maintains an open pathway in patients, allowing gas exchange between the lungs and the atmosphere. Various products, such as oropharyngeal airways, nasopharyngeal airways, laryngeal mask airways, and tracheal incubation, are used in hospitals to provide airways in patients undergoing anaesthesia. These devices are used in a variety of settings, including anaesthesia, cardiopulmonary resuscitation, emergency medicine, neonatology, and many others. It has applications in neonatology for managing airway in babies, and the increasing incidence of preterm birth may necessitate the need for airway management.
Covid-19 Impact on Airway Management Device Market
The COVID-19 pandemic has resulted in an increase in patient admissions to emergency departments and intensive care units. Patients with severe infections frequently experience respiratory failure or low oxygen saturation, necessitating the use of positive air pressure devices such as ventilators. As a result, there is a greater demand for airway management devices, particularly single-use devices. The number of patients requiring intubation via invasive airway management procedures has increased, as non-invasive procedures pose the risk of viral particle aerosolization. Healthcare practitioners providing airway management care to COVID-19 patients and other patients in healthcare facilities are at high risk, which has increased the demand for single-use devices.\
Recent Development
l V.B.M. Medizintechnik GmbH (Germany) announced in September 2020 that the ScalpelCric kit had received 510(k) clearance from the US FDA. According to the Difficult Airway Society (D.A.S.) 2015 guidelines, the kit is intended for use in performing cricothyrotomy procedures with the scalpel technique.
l Verathon will release the GlideScope Video Baton QC Large, a video laryngoscope that works with GlideScope Core airway management devices, in August 2020.
l Smith’s Medical announced in January 2020 that it would be adding a PVC-based tracheostomy tube portfolio to its Portex Tracheostomy Tubes and Kits family. BLUselect tracheostomy tubes, BLUperc, and BLUgriggs percutaneous tracheostomy kits and trays are all part of the portfolio.
Competitive Landscape and Airway Management Device Market Share Analysis
The airway management device market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to airway management device market.
Some of the major players operating in the airway management device market are
l Boston Scientific Corporation (U.S.)
l Coloplast Group (Denmark)
l E.M.S. (Switzerland)
l Lumenis Be Ltd (Israel)
l Olympus Corporation (Japan)
l Dornier MedTech. (Germany)
l Richard Wolf GmbH (Germany)
l Siemens (Germany)
l Medtronic (Ireland)
l Smiths Medical (U.S.)
l Teleflex Incorporated (U.S.)
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