Global Airway Management Devices Market Report and Forecast 2023-2031
Global Airway Management Devices Market Outlook
The global airway management devices market size was valued at USD 2.6 billion in 2022 and is projected to grow at a CAGR of 6.20% during the forecast period of 2023-2031 to reach a value of USD 4.5 billion by 2031. The market growth can be attributed to the increasing prevalence of respiratory diseases, the growing geriatric population, and the rising demand for advanced medical equipment.
Global Airway Management Devices Market: Introduction
Airway management devices are medical tools used to maintain or establish a patient's airway during anaesthesia, emergency situations, or critical care. These devices help to prevent airway obstruction and ensure adequate ventilation and oxygenation. The increasing prevalence of respiratory diseases, such as chronic obstructive pulmonary disease (COPD), asthma, and sleep apnea, is driving the demand for airway management devices. Other factors, such as the growing geriatric population, increasing government initiatives, and the rising demand for advanced medical equipment, are also expected to drive market growth.
Advancements in technology have played a significant role in the growth of the airway management devices market. The development of innovative devices, such as video laryngoscopes and supraglottic airway devices, has improved patient outcomes and made airway management more efficient. The increasing adoption of minimally invasive procedures and the growing use of anaesthesia in surgical procedures are also contributing to the growth of the airway management devices market.
The airway management devices market is expected to continue to grow in the coming years, as the prevalence of respiratory diseases continues to rise, and new devices and technologies are developed to meet the needs of patients and healthcare providers. However, there are still challenges to overcome, such as the need for more skilled professionals in airway management and the high cost of advanced devices in low- and middle-income countries.
Airway Management Devices- ApplicationEpidemiology
Airway management devices are widely used in the treatment of respiratory disorders. Respiratory diseases, such as COPD and asthma, affect millions of people worldwide. According to the World Health Organization, more than 65 million people suffer from moderate to severe COPD, and approximately 339 million people have asthma. The prevalence of these diseases is expected to increase due to factors such as ageing populations, urbaniszation, and exposure to air pollution.
Airway Management Devices Market Segmentations
The market can be segmented based on device type, applications, end user, and region:
Market Breakup by Device Type
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