DUBLIN--(BUSINESS WIRE)--The "Airway Management Devices Market by Type (Supraglottic Device (LMA & Oropharyngeal Airway), Infraglottic Device (Tracheostomy Tube and ET Tube), Resuscitators, Laryngoscope), End User (OR & ICU), Patient Age - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The global airway management devices market is projected to reach USD 2.10 billion by 2023 from an estimated USD 1.60 billion in 2018, at a CAGR of 5.6% during the forecast period.
Rising prevalence of chronic respiratory diseases, increasing demand for emergency care, and high incidence of preterm babies are driving the demand for airway management devices. However, harmful effects of certain devices on neonates and dearth of skilled professionals are posing a challenge for the growth of the market.
On the basis type of airway management devices, the market is segmented into supraglottic airway management devices, infraglottic airway management devices, resuscitators, laryngoscopes, and other airway management devices such as stylets, bronchial blocking tubes, lumen tubes, and suction devices. In 2018, the infraglottic devices segment is expected to account for the largest share of the global airway management devices market. The large share of this segment is attributed to the increased demand for endotracheal tubes and rising demand for emergency care.
On the basis of end user, the market is categorized into operating rooms, emergency care departments, intensive care units, and other end users such as paramedics, home care, ambulance services, and fire fighting groups. The operating rooms segment is expected to grow at the highest CAGR during the forecast period. Factors such as rising number of surgical procedures and growing chronic diseases are likely to drive the growth of the segment.
Asia Pacific is expected to witness the highest growth during 2018 to 2023. This growth can be attributed to the rising geriatric population, supportive reimbursement policies in Japan, and the implementation of favorable government initiatives in the region.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Airway Management Devices Market, By Type
7 Airway Management Devices Market, By End User
8 Airway Management Devices Market, By Patient Age
9 Airway Management Devices Market, By Region
10 Competitive Landscape
11 Company Profiles
- Karl Storz
- Smiths Group
- VBM Medizintechnik
- Verathon (A Part of Roper Technologies)
- Vyaire Medical
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