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Global airway management device market is expected to reach USD 2.93 Billion by 2025, at a CAGR of 6.37% from 2018 to 2025. The chief contributing factors for the market growth are rising incidences of chronic respiratory diseases, increase in surgeries with increase in usage of anaesthesia and growing incidences of protracted treatments and preterm babies.
Market Overview:
Airway management is a medical procedure which is performed to prevent and relieve airway obstruction and ensures proper exchange of gas between patient’s lungs and atmosphere. In this procedure, a tube is inserted orally into the trachea to provide oxygen during general anaesthesia. These devices have variety of application in operating rooms, emergency, pre-hospital settings and out-of-hospital care. There is an increase in incidences of respiratory diseases, mainly chronic obstructive pulmonary disease (COPD). According to WHO, report published in 2016 ‘Global Burden of Disease Study’ reported prevalence of around 251 million cases of COPD worldwide. The major causes are active smoking, long-term asthma and exposure to indoor air pollution. Manufactures are focusing on the development of advanced products which require minimum efficiency with increased incubation. For instance, in 2017, Smiths Medical launched three new products for airway management, ambulatory infusion, and blood pressure monitoring. They are user friendly and non-invasive devices.
Report Description:
Market Dynamics:
Drivers:
Restraints:
Opportunities:
Challenges:
Global Airway Management Device Market Key Findings:
All the segments have been analysed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment.
Segmentation Analysis:
The airway management device market is segmented on the basis of type, application and end user.
Regional Segmentation Analysis:
The regions analysed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. North America region dominated the global airway management device market with the largest share of 47.83% in 2017 where as the Asia Pacific region estimated to register the highest growth rate in the forecast period.
Global Airway Management Device Market Competitive Analysis:
Key players in the airway management device market are Smiths Group, Teleflex, Medtronic, Karl Storz, Ambu, Flexicare, VBM Medizintechnik, Sunmed, Vyaire Medical, Olympus, Intersurgical, Verathon, Medline Industries and others. The Medtronic, Smiths Medical and Medlineare are the top leading players of the market. For instance, in November 2015, Medtronic acquired Aircraft Medical to develop handheld and inexpensive video laryngoscopes to aid anaesthesiologists while intubating patients in critical care.
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Scope
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Key Points |
Information |
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Evaluate Market Potential |
Growth Rates (CAGR %) Value (USD Billion) {Market Size} |
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USP of Report |
Industry and Technology Trends Market Evolution Value Chain Analysis Company Share Analysis Competitive & Vendor landscape SWOT Analysis of Each Company Profit Margin Analysis Analysis of More than 30 Countries for Each Segment |
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Base Year |
2017 |
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Historical Years |
2015-2017 |
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Forecast Period |
2018-2025 |
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Regional Analysis |
North America, Europe, Asia Pacific, South America, and Middle East and Africa |
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Countries Analysis |
U.S., Canada, Mexico, Germany, France, Sweden, Netherlands, U.K., Italy, Spain, Turkey, Switzerland, Belgium, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Brazil, Saudi Arabia, UAE, Egypt, Nigeria, South Africa |
This study forecasts revenue and volume growth at global, regional, and country levels from 2015 to 2025. Fior Market Research has segmented the global airway management device market on the basis of below mentioned segments:
Global Airway Management Device Market, By Type:
Global Airway Management Device Market, By Application:
Global Airway Management Device Market, By End User:
Global Airway Management Device Market, By Regions:
List of Table
List of Figures
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Hi John,
Thanks for the report. We've been going through it and see some good data on the market and players. –
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Thanks for the report. We've been going through it and see some good data on the market and players.
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