Airway Management Devices Market Report Up to 2031: Visiongain Research Inc.
Visiongain has published a new report on Airway Management Devices Market Report to 2031: Forecasts by Type (Infraglottic Device (Endotracheal Tubes, Tracheostomy Tubes), Supraglottic Device (LMAs, OPAs, NPAs), Resuscitators, Laryngoscopes, and others), End-User (Operating Rooms, Emergency Care Departments, Intensive Care Units, and Other End Users), Patient Age (Adult and Paediatric) PLUS COVID-19 Recovery Scenarios.
COVID-19 Impact on Airway Management Devices Market
The COVID-19 pandemic has deleterious affected all the countries and industries. Similarly, the Airway Management Devices market is anticipated to take a hit. The target industry is now facing challenges to manage the interrupted demand and supply of components. Also, unpredictable and disturbing supply chain activities and the unavailability of human resources are anticipated to impact the target industry growth. Hence, the overall COVID-19 impact is expected to continue to moderate for the global key players operating in the industry.
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Market Drivers
Increasing Incidence Rate of Chronic Respiratory Diseases
The growing occurrence of respiratory diseases is expected to have a high impact on the target industry growth. According to the data by the World Health Organization (WHO), approximately 65 million people suffer from moderate-to-severe chronic obstructive pulmonary disease (COPD). Besides, COPD is expected to have a high mortality rate after cardiovascular disease and stroke worldwide. As per the statistics by the Centers for Disease Control and Prevention, in the U.S., around 9.0 million adults which are around 3.6% of the total population were diagnosed with chronic bronchitis in 2018. Whereas nearly 3.8 million adults which are around 1.5% of the total population were diagnosed with emphysema in the same year.
The growing need for an emergency care support system for prolonged diseases as well as prolonged treatments related to lung infection among the population is anticipated to fuel the airway management devices' market growth.
Growing Demand for Supraglottic Airway Devices during Anaesthesia Procedure
Insertion of supraglottic airway devices is important during the administration of anaesthesia, in most of the anaesthetic procedures, these devices are preferable. The target industry is projected to upsurge at a significant rate as the devices are crucial and broadly used during anaesthesia procedures. Moreover, it does not only play a vital role in challenging airway procedures but also in emergency medicine, and for pre-hospital use. The rising number of surgical procedures such as bariatric surgeries, brain surgeries, cardiac surgery, and organ transplantation is also anticipated to boost the demand for airway management devices.
Market Opportunities
Acquisitions and Mergers Will Generate Beneficial Growth Opportunities
Acquisitions and mergers are projected to generate huge opportunities for the global players operating in the target industry growth for the expansion of product portfolio and business presence across the world. For instance, on 30th September 2020, Medtronic plc publicized the purchase of Avenu Medical.
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How the Airway Management Devices Market report helps you
In summary, our 500+ page report provides you with the following knowledge:
- Revenue forecasts to 2031 for Airway Management Devices Market, with forecasts for Type, End User, and Patient Age, each forecasted at a global and regional level– discover the industry’s prospects, finding the most lucrative places for investments and revenues
- Revenue forecasts to 2031 for 5 regional and 16 key national markets – See forecasts for the Airway Management Devices market in North America, Europe, Asia-Pacific and Rest of the World. Also forecasted is the market in the US, Canada, Argentina, Brazil, Germany, France, UK, Italy, Spain, China, India, Japan, and Australia among other prominent economies.
- Prospects for established firms and those seeking to enter the market– including company profiles for 10 of the major companies involved in the Airway Management Devices Market.
Competitive Landscape
Key players operating in the global Airway Management Devices market are Ambu, Smiths Medical, Medtronic, VBM Medizintechnik, Teleflex, Flexicare, SourceMark, Verathon, Intersurgical, SunMed, KARL STORZ, Vyaire Medical, and Salter Labs.
The key players have adopted new product development, product launches, product approval, agreement, partnerships, and merger as its key business development strategies to tap into the global Airway Management Devices market. For instance, on 28th October 2020, Olympus announced the commercial launch of HANAROSTENT® Esophagus TTS self-expanding metal stents (SEMS) made by M.I. Tech and distributed exclusively through Olympus in the U.S.
You will find quantitative and qualitative analyses with independent predictions. You will receive information that only our report contains, staying informed with this invaluable business intelligence.
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About Visiongain
Visiongain is one of the fastest growing and most innovative, independent, market intelligence around, the company publishes hundreds of market research reports which it adds to its extensive portfolio each year. These reports offer in-depth analysis across 18 industries worldwide. The reports cover a 10-year forecast, are hundreds of pages long, with in depth market analysis and valuable competitive intelligence data. Visiongain works across a range of vertical markets, which currently can influence one another, these markets include automotive, aviation, chemicals, cyber, defense, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors. Our customized and syndicated market research reports means that you can have a bespoke piece of market intelligence customized to your very own business needs.
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