Airway Management Devices Market Report

Airway Management Devices Market Analysis By Product (Supraglottic, Infraglottic, Resuscitators, Laryngoscopes), By Application (Anesthesia, Emergency Medicine), By End Use, And Segment Forecasts, 2014 - 2025

Published: February 2017  |  100 Pages  |  Format: PDF  |  Report ID: GVR-1-68038-776-6

Industry Insights

The global airway management devices market size was valued at USD 1.1 billion in 2016 and is expected to grow at a CAGR of 7.6% during the forecast period. The increasing prevalence of respiratory diseases is predicted to be one of the high impact rendering drivers of this market. According to the WHO estimates, 65 million people suffer from moderate-to-severe COPD. Moreover, COPD is predicted to be the third leading cause of death worldwide.

This high prevalence coupled with increase in anesthesia usage, due to increase in surgeries, is expected to propel the demand for advanced devices, thus, exerting a positive impact on the overall market growth. The increasing need of emergency treatment for prolonged illnesses as well as protracted treatments associated with lung diseases in children and adults is expected to drive the market growth.

Airway management devices market, by product, 2014 - 2025 (USD Million)

Airway management devices market

In the present scenario, increased awareness pertaining to recognition of limited ventilation and advent of relatively advanced techniques for preoperative airway evaluation is expected to widen the scope for product penetration over the coming years. For instance, Preoperative Endoscopic Airway Evaluation (PEAE) aids in identification, prediction of blocked ventilation, and facilitates formulation of a plan for efficient management, which focuses on use of advanced devices, such as supraglottic airway.

Product Insights

Supraglottic segment is anticipated to grow at an exponential CAGR during the forecast period. The growing demand for these products is presumed to be a consequence of its associated benefits. The most significant benefit includes easy tracheal placement resulting in enhanced patient safety, which is believed to drive the preference of patients as well as anesthesiologists toward these devices.

In addition, supraglottic products, such as indirect video laryngoscopes, are increasingly being utilized in a wide range of clinical applications and also obviate the need for tracheal intubation, thus, propelling the growth for this segment.

Application Insights

Anesthesia held the largest share of application segment in 2016 owing to high preference and adoption of these devices by anesthesiologists in surgical operative procedures. The increasing adoption is presumed to be a result of high efficiency in airway clearance and maintenance of proper ventilation without compromising patient safety during operative procedures.

In addition, increasing number of product launches and acquisition strategies undertaken by prominent market players are presumed to be responsible for the higher share captured by this segment. For instance, in November 2015, Medtronic acquired Aircraft Medical, a Scotland-based medical device company. This acquisition was carried out to develop handheld and inexpensive video laryngoscopes to aid critical care by anesthesiologists while intubating patients.

End-use Insights

Hospitals dominated the segment in 2016, owing to the high patient turnaround, frequent readmissions, and large procedure volumes. Moreover, supportive infrastructure facilitates successful operative procedures involving airway management, thus, resulting in the higher share. Also, the rising government initiatives aimed at promoting safety and reducing adverse events serve as key contributing factors toward the substantial share of the segment.

For instance, organizations such as American Society of Anesthesiologists (ASA) promoted awareness pertaining to high significance of these devices in difficult airway management, further augmenting their adoption rate in hospitals. ASA has also formulated clinical practice guidelines and strategies for efficient ventilation and management of difficult airway.

Regional Insights

In 2016, North America held the substantial share of the airway management devices market. The supportive government initiatives and substantial implementation of practice guidelines released by healthcare organizations present across this region are some of the key factors responsible for the high share registered by this segment. The majority share can also be attributed to the high prevalence of major respiratory diseases in this region.

Due to the increase in outsourcing of manufacture of these devices to Asia Pacific countries, such as India and China, this region is anticipated to grow at an exponential rate during the forecast period. Furthermore, high R&D investment by the global players and presence of unexplored opportunities in this region serve as high growth rendering drivers.

Global airway management devices market share, by application, 2016

Global airway management devices market

Competitive Insights

Some of the key market participants include Medtronic, Teleflex, Ambu A/S, Smiths Medical, Medline Industries. The aforementioned companies are extensively undertaking new and advanced product development activities, collaborative strategies, and mergers & acquisitions, leading to significant growth in this sector.

For instance, In November 2015, Medtronic acquired Aircraft Medical, a Scotland-based medical device company. This acquisition was carried out to develop handheld and inexpensive video laryngoscopes to aid anesthesiologists while intubating patients in critical care. Also, in April 2016, Teleflex entered into a collaborative agreement with HealthTrust, a healthcare and operational business provider. This acquisition was carried out to reduce overall healthcare costs and improve patient outcomes.

Report Scope

Attribute

Details

Base year for estimation

2016

Actual estimates/Historical data

2014 - 2016

Forecast period

2017 - 2025

Market representation

Revenue in USD Million and CAGR from 2017 to 2025

Regional scope

North America, Europe, Asia Pacific, Latin America & MEA

Country scope

U.S., Canada, UK, Germany, Japan, China, Brazil, Mexico, South Africa

Report coverage             

Revenue forecast, company share, competitive landscape, growth factors and trends

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Segments Covered in the Report

This report forecasts revenue growth and provides an analysis of the market trends in each of the sub-markets from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the airway management devices market on the basis of product, application, end use, and region:

  • Product Outlook (Revenue, USD Million, 2014 - 2025)

    • Supraglottic Devices

      • Oropharyngeal Devices

      • Naspharyngeal Devices

      • Laryngeal Airway Devices

      • Others

    • Infraglottic Devices

      • Endotracheal Tubes

      • Tracheostomy Tubes

      • Others

    • Resuscitators

    • Laryngoscopes

    • Others

  • Application Outlook (Revenue, USD Million, 2014 - 2025)

    • Anesthesia

    • Emergency Medicine

    • Others

  • End-use Outlook (Revenue, USD Million, 2014 - 2025)

    • Hospitals

    • Homecare

    • Others

  • Regional Outlook (Revenue, USD Million, 2014 - 2025)

    • North America

      • U.S

      • Canada

    • Europe

      • Germany

      • UK

    • Asia Pacific

      • Japan

      • China

      • India

    • Latin America

      • Brazil

      • Mexico

    • The Middle East and Africa

      • South Africa

Key questions answered by the report
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