DUBLIN–(BUSINESS WIRE)–The “Airway Management Devices – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Amid the COVID-19 crisis, the global market for Airway Management Devices estimated at US$1.4 Billion in the year 2020, is projected to reach a revised size of US$2.2 Billion by 2027, growing at a CAGR of 6.4% over the analysis period 2020-2027.
Resuscitators, one of the segments analyzed in the report, is projected to grow at a 6.5% CAGR to reach US$745.1 Million by the end of the analysis period.
The U.S. Accounts for Over 27.1% of Global Market Size in 2020, While China is Forecast to Grow at a 9.7% CAGR for the Period of 2020-2027
The Airway Management Devices market in the U.S. is estimated at US$387.3 Million in the year 2020. The country currently accounts for a 27.06% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$474.3 Million in the year 2027 trailing a CAGR of 9.7% through 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 5.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR while Rest of European market (as defined in the study) will reach US$474.3 Million by the year 2027.
Supraglottic Devices Segment Corners a 22.9% Share in 2020
In the global Supraglottic Devices segment, USA, Canada, Japan, China and Europe will drive the 6.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$247.5 Million in the year 2020 will reach a projected size of US$377 Million by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$299.6 Million by the year 2027, while Latin America will expand at a 8% CAGR through the analysis period.
Select Competitors (Total 75 Featured)
- Ambu A/S
- Armstrong Medical Ltd.
- ConvaTec
- Flexicare
- Intersurgical Ltd.
- KARL STORZ GmbH & Co. KG
- Medline Industries, Inc.
- Medtronic Plc.
- Salter Labs
- Smiths Medical, Inc.
- SourceMark
- SunMed
- Teleflex, Inc.
- VBM Medizintechnik
- Verathon, Inc.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- An Introduction to Airway Management Devices
- Historical Background
- A Glance at Major Developments in Airway Management
- Airway Management Devices: Current Market Scenario and Outlook
- Product Segment Analysis
- Infraglottic Devices, Comprising Endotracheal Tubes& Tracheostomy Tubes, Remains the Largest Product Category
- Supraglottic Airway Devices Emerge as Fastest Growing Segment
- Rising Demand for Laryngeal Mask Airways Drives Overall Growth
- Noticeable Shift towards Disposables in LMA Procedures
- Sustained Opportunities for Resuscitators
- Laryngoscopes Grab Significant Attention
- Video Laryngoscopes Come to the Fore to Accelerate Overall Momentum
- Offering Inexpensive Option, Video Laryngoscopy Cannibalizes Share of Direct Laryngoscopy
- Select Video Laryngoscopes by Year of Launch
- While Developed Regions Remain Major Revenue Contributors, Developing Regions Continue to Offer Robust Growth Opportunities
- Competition
- Anaesthesia Laryngeal Masks Airways Market
- Recent Market Activity
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Increasing Incidence of COPD to Drive Growth
- Rise in Surgical Procedures Calls for Airway Management
- Increasing Healthcare Expenditure to Foster Growth
- Aging Population Drives Demand
- Critical Importance of Anesthesia in Operative Procedures Accelerates Market Adoption
- Types of Anesthesia
- Anesthesia Disposable Products: A Review
- Role of FDA for Anesthesia Safety
- Relevancy of Tracheal Intubation in Ventilation & Oxygenation in Treatment Processes Favors Wider Adoption
- High Incidence of Preterm Births to Propel the Demand for Airway Management Devices
- Countries with High Rate of Preterm Births Worldwide
- Total Preterm Births (in Percentage) in the US: 2010-2018E
- Increased Focus on Pediatric Airway Management Drives Market Growth
- Hospitals Remain Major End-Use Vertical
- Home-based Therapy Gains Significance
- Technology Innovations Unfold New Opportunities
- Video Technology Peps Up Airway Management
- New Generation of Fiberoptic Devices Emerge
- Novel Tracheostomy Tube Design Enhances Patient Safety
- Technology Improvements Focus on Less Invasive Techniques
- Robotics: The New Tech Upgrade
- Issues & Challenges
- Broad Range of Devices Create the Compulsion for Proper Education & Practical Knowledge
- Sustained Image of Flexible Fiberoptic Endoscopy
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/wkpq4
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