Airway Management Devices Market Share, Size, Trends, Industry Analysis Report, By Product Type (Supraglottic Device, Infraglottic Device, Resuscitators, Laryngoscope); By Patient Age (Adult, Pediatric); By End-Use; By Region; Segment Forecast, 2022 - 2030
The global airway management devices market size is expected to reach USD 3.21 billion by 2030, according to a new study by Polaris Market Research. The report “Airway Management Devices Market Share, Size, Trends, Industry Analysis Report, By Product Type (Supraglottic Device, Infraglottic Device, Resuscitators, Laryngoscope); By Patient Age (Adult, Pediatric); By End-User; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The primary causes of the increase in the demand for airway management devices are the increasing number of respiratory emergencies and chronic obstructive pulmonary disease (COPD). According to data from the World Health Organization, mild to severe COPD affects about 65 million people worldwide.
Furthermore, COPD is anticipated to rank as the third-leading cause of death worldwide. Additionally, according to the CDC (Centers for Disease Control and Prevention) data, around 9 million persons received a chronic bronchitis diagnosis in 2018. Due to the increase in surgeries, this high prevalence and an increase in anesthesia use are predicted to increase the demand for cutting-edge technologies.
The industry is projected to be driven by the rise in chronic respiratory diseases everywhere. Companies competing in the global airway management market are focusing on creating solutions that are patient-friendly. In addition, healthcare facilities have become more watchful and are buying respiratory equipment to satisfy demand in the event of future pandemics as a result of the COVID-19 pandemic’s rising admission of patients to emergency rooms and intensive care units.
The increase in global population is to be attributed for the growth in the average lifespan of people during the past decade. A person’s immune system deteriorates with age. As a result, the chance of contracting several diseases increases with the aging population. The proportion of persons over 60 is anticipated to increase in the years to come. The prevalence of chronic respiratory diseases has increased along with the aging population. During the projected period, this aspect is anticipated to fuel the industry for airway management device.
Airway Management Devices Market Report Highlights
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