Airway Management Devices Market
Growth Factors of Airway Management Devices Market
The airway management devices market size was valued at USD 1.96 billion in 2023, and the market is now projected to grow from USD 2.05 billion in 2024 to USD 2.94 billion by 2032, exhibiting a CAGR of 4.6% during the forecast period of 2024-2032.
Due to the COVID-19 outbreak and social restrictions in 2020, there were factors such as mobility restrictions and resource constraints affecting airway management devices market growth. However, the delayed elective procedures rose at some point to offset initial shutdowns and the plan increased overall inpatient admissions worldwide. This rise intensified the need for devices in anaesthetic and surgical procedures, thus contributing to the growth of the market in 2021.
The rising incidence of respiratory diseases is a major factor influencing the growth of the airway medical devices market share. The industry’s key stakeholders are increasing production capacity and engaging in research partnerships to create new products. Currently, there is interest in developing new airway management devices for the adult and neonatal patients. Increased spending on research and development, and increased production are anticipated to increase the number of devices in developing countries.
Further, the global figures for preterm births are speeding up the emergence of breathing impairments in neonates, subsequently propelling the need for airway management apparatuses. Such factors include infections and changes in lifestyles with this trend. New products such as advanced airway devices designed for pediatric patients are being launched by key companies thereby driving market growth. This means that more children are being born with respiratory-related complications hence the need for these devices.
Comprehensive Analysis of Airway Management Devices Market
Market segmentation is one of the key factors that contribute to the upward swing of both the airway management devices market and the healthcare industry. This market expansion offers a comprehensive regional review taking into account the prevailing supply and demand dynamics that define the medical device sector. These segmentations are systematically separated by types, by applications and by end users. The types include, Infraglottic Airway Management Devices [Endotracheal Tubes and Tracheostomy Tubes], Supraglottic Airway Management Devices [Oropharyngeal Airways (OPAS), Laryngeal Mask Airways (LMAS), and Nasopharyngeal Airways], Laryngoscopes and Others. The applications include, Anesthesia, Emergency Medicine and Others. The end-users include, Hospitals & ASCs, Homecare and Others.
North America's airway management market was USD 0.93 billion in 2023 and is expected to lead the global market. Increased demand for research and development, and the introduction of new technologies, by the market players are contributing to the growth of the market size. New product approvals and collaborations among different manufacturers are adding to the growth of the regional market throughout the forecast period.
The key participants in the market have a significant impact in the sphere of healthcare providing the industrial prospectus and setting market trends. These players include, Medtronic (Ireland), Teleflex Incorporated (U.S.), KARL STORZ SE & Co. KG (Germany), ICU Medical (U.S.), Convatec Inc. (U.K.), Ambu A/S (Denmark), Intersurgical Ltd (U.K.), VBM Medizintechnik GmbH (Germany), VYAIRE MEDICAL, INC. (U.S.) and Flexicare (Group) Limited (U.K.). These market players provide a level-playing competitive landscape.
In June 2023, Airway Management department introduced new airway devices under the product category, Morf Nasal Mask.
Segmentation Table
Global Airway Management Devices Market Scope
Study Period 2019-2032
Base Year 2023
Forecast Period 2024-2032
Growth Rate CAGR of 4.6% from 2024 to 2032
Historical Period 2019-2022
Unit Value (USD Billion)
Segmentation By Type, Application, End-user, and Region
By Type
Infraglottic Airway Management Devices- Endotracheal Tubes
- Tracheostomy Tubes
- Supraglottic Airway Management Devices
- Oropharyngeal Airways (OPAS)
- Laryngeal Mask Airways (LMAS)
- Nasopharyngeal Airways
- Laryngoscopes
- Others
By Application
AnesthesiaBy End-User
Hospitals & ASCsBy Region
North America (By Type, Application, End User and Country)- U.S. (By Application)
- Canada (By Application)
- Europe (By Type, By Application, End User and Country/Sub-Region)
- Germany (By Application)
- France (By Application)
- U.K. (By Application)
- Spain (By Application)
- Italy (By Application)
- Rest of Europe (By Application)
- Asia Pacific (By Type, Application, End User and Country/Sub-Region)
- China (By Application)
- India (By Application)
- Southeast Asia (By Application)
- Japan (By Application)
- Australia (By Application)
- Rest of Asia Pacific (By Application)
- Latin America (By Type, Application, End User and Country/Sub-Region)
- Mexico (By Application)
- Brazil (By Application)
- Rest of Latin America (By Application)
- Middle East and Africa (By Type, End User, and Country/Sub-Region)
- GCC (By Application)
- South Africa (By Application)
- Rest of MEA (By Application)
Please Note: It will take 5-6 business days to complete the report upon order confirmation.