NEWARK, Del, Feb. 01, 2023 (GLOBE NEWSWIRE) — The Airway Management Devices Market is anticipated to be valued at US$ 1.6 billion in 2023, with whole income recording a 3.6% CAGR from 2023 to 2033, reaching US$ 2.2 billion. The airway administration units market was valued at US$ 1.5 billion in 2022, with a 3.2% CAGR expected all through the projected interval. The world market’s absolute greenback progress is US$ 668.5 million.
The rising frequency of respiratory problems is expected to be one of many market’s key driving forces. The WHO estimates that 65 million folks have moderate-to-severe COPD. Furthermore, COPD is expected to be the third greatest reason for demise globally.
This excessive incidence, mixed with a rise in anaesthetic consumption as a results of many surgical procedures, is probably to drive demand for superior tools, positively impacting the general market progress. The rising demand for emergency therapy for long-term sicknesses, in addition to long-term remedy for lung problems in youngsters and adults, is additionally anticipated to gasoline market growth.
In the present situation, rising consciousness of insufficient air flow and the introduction of comparatively superior procedures for preoperative airway examination are projected to broaden the chance for product penetration sooner or later years. Preoperative Endoscopic Airway Evaluation (PEAE), for instance, aids within the identification and prediction of blocked air flow, in addition to the design of an efficient administration technique that focuses on the usage of superior tools like supraglottic airway.
- The market is estimated to drive due to elevated demand for emergency and intensive care.
- The rise within the prevalence of respiratory ailments is probably to drive the expansion of the marketplace for airway administration units.
- The airway administration units market is expected to be value US$ 1.6 billion in 2023.
- Airway administration units market is forecasted to register a 3.6% CAGR from 2023 to 2033.
- North America is probably to dominate the marketplace for airway administration units market.
- Verathon Inc. launched the GlideScope Core 15 airway visualisation system in January 2020, which employs a 15-inch high-definition touchscreen monitor to present improved visibility.
- In January 2020, Smiths Medical, Inc. introduced the growth of its Portex Tracheostomy Tubes and Kits line by releasing a PVC-based tracheostomy tube vary. The portfolio contains BLUperc, BLUselect tracheostomy tubes, and BLUgriggs percutaneous tracheostomy kits and trays.
- Olympus Corporation, a world know-how chief in inventing and delivering new options for surgical and medical procedures, amongst different core actions, introduced the discharge of two video rhino-laryngoscopes in September 2019. It is proposed that the ENF-VH2/V4 be specifically constructed for laryngological checks.
- In September 2018, Royal Philips introduced the event of a resuscitation gadget along side the Consortium for Affordable Medical Technologies (CAMTech) to help within the discount of toddler mortality.
- In January 2019, Oventus Medical, a medical gadget enterprise, unveiled O2 Vent Optima, a new product. It is used to deal with obstructive sleep apnea. It is based mostly on the airway know-how developed by Oventus Medical. It retains the airway from contracting and permits for unrestricted airflow from the tongue, taste bud, and nostril. It is appropriate for utilization with or with out steady constructive airway stress.
Key Companies Profiled:
- Medtronic Plc
- Teleflex Incorporated
- Ambu A/S
- Smith’s Group plc.
- Intersurgical Ltd.
- Cook Medical Inc.
- Vyaire Medical Inc
- VBM Medizintechnik GmbH
- Karl Storz SE & Co. KG
- Cook Gas LLC
- Flexicare (Group) Limited
- BVLM Pty Ltd
- Boston Medical Products Inc. (BESS GROUP)
- Salter Labs
Airway Management Devices Market Key Segments
By Product Type:
- Laryngeal Masks
- Tracheostomy Tubes
- Endotravheal Tubes
- EndoBronhial Tubes
- Nasal Airway Tubes
- Oral Airway Tubes.
By Usage Type:
- Single Use/ Disposable
By End User:
- Ambulatory Surgical Centers
- Specialty Clinics
Table of Content
1. Executive Summary | Airway Management Devices Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
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