Airway Management Devices Market Size: Key Player and Analysis Report, In-Depth Study, Future Growth, Share, New Investments
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 global Airway Management Devices Market report published by Emergen Research assesses the Airway Management Devices market with regards to market size, market share, revenue growth, key segments, and regional bifurcation. The global Airway Management Devices market is highly fragmented with numerous players operating on a global and regional level. The companies are engaged in mergers and acquisitions, joint ventures, and collaborations along with product advancements and R&D activities to cater to the growing global demand and gain a robust footing in the market.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Airway Management Devices market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
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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Emergen Research has segmented the global Airway Management Devices market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
Device Type Outlook (Revenue, USD Billion; 2019-2032) Supraglottic Airway Management Devices Infraglottic Airway Management Devices Laryngoscopes Resuscitators Others Application Outlook (Revenue, USD Billion; 2019-2032) Emergency Medicine Anesthesia Others End-use Outlook (Revenue, USD Billion; 2019-2032) Hospitals Ambulatory Care Services Home Care Settings Others The various regions analyzed in the report include:
North America (U.S., Canada) Europe (U.K., Italy, Germany, France, Rest of EU) Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC) Latin America (Chile, Brazil, Argentina, Rest of Latin America) Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA) Key Objectives of the Report:
Analysis and estimation of the Airway Management Devices Market size and share for the projected period of 2022-2030 Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Airway Management Devices Market Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities Request Customization as per your specific requirement@ https://www.emergenresearch.com/request-for-customization/1916
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