The global airway management devices market is
expected to reach USD 2.1 billion by 2025, according to a new study by Grand
View Research, Inc. The growing prevalence of chronic respiratory diseases is a
high impact rendering growth driver for this market. This increasing prevalence
is presumed to be driving the clinical urgency to adopt airway management
devices in order to improve the existing ventilation solutions and prevent
conditions such as laryngospasms as well as reduce long-term cost associated
with the conventional methods.
In addition, advent of new-generation
devices that incorporate a wide array of fiber optic, optical, video, and
mechanical technologies to facilitate better view of and help management of
difficult airways are gaining popularity. For instance, video laryngoscopes,
which allow real-time and enhanced visualization, are rapidly becoming
first-line measure in emergency care for efficient difficult airway management
in hospitals as well as outpatient settings. The benefits of consistent
technological advancements include improved optics, better aspiration capabilities,
battery-powered light sources, increased angulation capabilities, and improved
reprocessing procedures. The aforementioned benefits are anticipated to present
the market with lucrative growth opportunities during the forecast period.
Access
Full Research Report on Airway Management Devices Market:
Further key findings from the study suggest:
·
Supraglottic segment is expected to exhibit
lucrative growth during the forecast period. The exponential growth can be
attributed to increasing adoption of laryngeal masks in wide range of clinical
applications, such as cardiopulmonary resuscitation and other medical
emergencies
·
Emergency medicine is anticipated to
exhibit lucrative CAGR during the forecast period owing to increasing
significance of these devices in rapid sequence intubation
·
In 2016, North America held a dominant
share of the global market as a consequence of local presence of prominent
market players working toward extensive commercialization of their product
portfolio
·
Asia Pacific is anticipated to grow at an
exponential CAGR due to unmet patient needs, continuous technological &
infrastructural upgradation, and increasing healthcare expenditure
·
The key participants such as Ambu A/S,
Teleflex, Smiths Medical, Medtronic, Intersurgical, Armstrong Medical Limited
and Becton Dickinson and Company are employing sustainability strategies to
gain competitive advantage.
·
For instance, in September 2016, Ambu A/S
completed the acquisition of ETView Medical Ltd., a medical device
manufacturer. The acquisition was carried out to cater unmet patient needs and
provide advanced products that allow continuous airway monitoring
·
Grand View Research has segmented the
airway management devices market on the basis of product, application, end use,
and region:
Airway Management Devices Product Outlook (Revenue, USD Million, 2014 -
2025)
·
Supraglottic Devices
o Oropharyngeal Devices
o Nasopharyngeal Devices
o Laryngeal Airway Masks
o Others
·
Infraglottic Devices
o Endotracheal Tubes
o Tracheostomy Tubes
o Others
·
Resuscitators
·
Laryngoscopes
·
Others
Airway Management Devices Application Outlook (Revenue, USD Million,
2014 - 2025)
·
Anesthesia
·
Emergency Medicine
·
Others
Airway Management Devices End-Use Outlook (Revenue, USD Million, 2014 -
2025)
·
Hospitals
·
Homecare
·
Others
View press release of this
research report by Grand View Research:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials, and healthcare.
No comments:
Post a Comment