Geographically, the Airway Management Devices Market Dominated by North America with largest share in 2019, followed by Europe. But the Asia Pacific expected to witness highest CAGR during the forecast period. This can be attributed to the presence of high-growth markets such as Japan, China, India, South Korea, Taiwan, Australia, and Singapore.
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Airway management devices market projected to reach USD 2.0 billion by 2024 from USD 1.6 billion in 2019, at 5.1% CAGR. Growth of airway management devices market driven mainly by rising prevalence of chronic respiratory diseases; increasing demand for emergency care. high incidence of preterm births; growth in investments, funds, grants by government bodies for improving emergency care infrastructure.
Emerging economies (such as China, India, Brazil, and Mexico) are expected to offer lucrative growth opportunities for market players in the airway management devices market. However, factors such as the harmful effects of certain devices on neonates, the dearth of skilled professionals, and increasing pricing pressure on market players are adversely impacting the growth of the market.
Objectives of the Study
- To define, measure, and describe the global market by type, end user, patient age, and region
- To provide detailed information about the major factors influencing market growth (drivers, restraints, challenges, and opportunities)
- To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
- To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
- To forecast the size of market segments in North America, Europe, Asia Pacific, and RoW
- To strategically analyze the market structure and profile key players in the global market and comprehensively analyze their core competencies
- To track and analyze company developments such as partnerships, agreements, and collaborations; expansions; acquisitions; product approvals; and product launches in the market
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Top players in airway management devices market are Medtronic (Ireland), Smiths Medical (US), Teleflex (US), Ambu (Denmark), KARL STORZ (Germany), Flexicare (US), Verathon (US), Intersurgical (UK), SunMed (US), Vyaire Medical (US), VBM Medizintechnik (Germany), SourceMark (US), and Salter Labs (US).
A breakdown of the primary participants referred to for this report is provided below:
- By Company Type: Tier 1–55%, Tier 2–25%, and Tier 3–20%
- By Designation: C-level–43%, Director-level–32%, and Others–25%
- By Region: North America–38%, Europe–29%, Asia Pacific–23%,Rest of World–10%
Download Complete Report “Airway Management Devices Market by Type (Supraglottic Device (LMA & Oropharyngeal Airway), Infraglottic Device (Tracheostomy Tube and ET Tube), Resuscitators, Laryngoscope), End User (OR & ICU), Patient Age (Adult and Pediatric) – Global Forecast to 2023” Research http://www.rnrmarketresearch.com/contacts/purchase?rname=1582834 .
Growth of airway management devices market driven mainly by rising prevalence of chronic respiratory diseases; increasing demand for emergency care; high incidence of preterm births; growth in investments, funds, grants by government bodies for improving emergency care infrastructure. In addition, emerging economies (such as China, India, Brazil, and Mexico) are expected to offer lucrative growth opportunities for market players in the market.
Reasons to Buy the Report
The report will enrich established firms as well as new entrants/smaller firms to gauge pulse of market, which, in turn, would help them to garner a greater share. Firms purchasing report could use one, or a combination of the below mentioned five strategies for strengthening their market presence.
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