The airway management devices market refers to a variety of medical devices used to maintain an open airway in patients who are unable to breathe adequately on their own. These devices are essential for emergency medical services, intensive care units, and operating rooms. The global airway management devices market size was USD 2.13 Billion in 2022 and is expected to register a revenue CAGR of 7.6% during the forecast period, according to the latest analysis by Emergen Research. The global airway management devices market is expected to witness significant growth over the forecast period due to the increasing prevalence of respiratory disorders, growing demand for emergency medical services, and technological advancements in airway management devices.
One of the major drivers of the airway management devices market is the increasing prevalence of respiratory disorders. According to a report by the World Health Organization (WHO), respiratory diseases are the third leading cause of death worldwide, with approximately 3 million deaths each year. The growing prevalence of respiratory disorders such as chronic obstructive pulmonary disease (COPD), asthma, and sleep apnea is driving the demand for airway management devices, thereby boosting the growth of the market.
However, there are also certain restraints that may hinder the growth of the airway management devices market. One of the major restraints is the high cost associated with advanced airway management devices. These devices require significant investment, which may limit their adoption in smaller healthcare facilities. Additionally, lack of awareness among healthcare professionals regarding the benefits of advanced airway management devices may also hinder market growth.
The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.
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Competitive Terrain:
The global Airway Management Devices industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Smiths Medical, Medtronic plc, Medline Industries, Inc., Teleflex Incorporated., SunMed, Verathon Inc., TRACOE Medical GmbH, Lumenis Be Ltd., Olympus Corporation, and Convatec Group PLC
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Additional information offered by the report:
Along with a complete overview of the global Airway Management Devices market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
The report elaborates on the global Airway Management Devices market size and share governed by the major geographies.
It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
It further presents a detailed description of the company profiles of the key market contenders.
Segments Covered in this report are:
Supraglottic Airway Management Devices
Infraglottic Airway Management Devices
Laryngoscopes
Resuscitators
Others
Emergency Medicine
Anesthesia
Others
Hospitals
Ambulatory Care Services
Home Care Settings
Others
Radical Highlights of the Airway Management Devices Market Report:
Comprehensive overview of the Airway Management Devices market along with analysis of the changing dynamics of the market
Growth Assessment of various market segments throughout the forecast period
Regional and global analysis of the market players, including their market share and global position
Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
Impact of the technological developments and R&D advancements on the Airway Management Devices market
Information about profit-making strategies and developmental strategies of major companies and manufacturers
Insightful information for the new entrants willing to enter the market
Details and insights about business expansion strategies, product launches, and other collaborations
The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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