Global Airway Management Devices Market Report 2020-30


Posted August 6, 2020 by Kavita

Global Airway Management Devices Market Report 2020-30: Covid 19 Implications and Growth from The Business Research Company provides
 
Bharat Book Bureau Provides the Trending Market Research Report on “Global Airway Management Devices Market Report 2020-30”under Life Sciences Category. The report offers a collection of superior market research, market analysis competitive intelligence and Market reports.

Global Airway Management Devices Market Report 2020-30: Covid 19 Implications and Growth from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global airway management devices market.
This report focuses on airway management devices market which is experiencing strong growth. The report gives a guide to the airway management devices market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

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Description:
Where is the largest and fastest growing market for the airway management devices? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Airway Management Devices market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider airway management devices market, and compares it with other markets.
• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the Covid 19 virus and forecasting its growth.
• Market segmentations break down market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of Covid 19 for all regions, key developed countries and major emerging markets.
• Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
• The airway management devices market section of the report gives context. It compares the airway management devices market with other segments of the airway management devices market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, airway management devices indicators comparison.

Scope

Markets Covered: 1) By Type: Infraglottic Airway Management Devices; Supraglottic Airway Management Devices; Resuscitators; Laryngoscopes; Other Devices
2) By End Use: Hospital; Homecare
3) By Application: Anesthesia; Emergency Medicine; Others

Companies Mentioned: Medtronic; Smiths Medical (A Division of Smiths Group PLC); Teleflex; AMBU; Karl Storz

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Major players in the airway management devices market are Medtronic, Smiths Medical (A Division of Smiths Group PLC), Teleflex, AMBU, Karl Storz, Flexicare, Intersurgical, Carefusion, Mercury Medical, and Well Lead Medical Co Ltd.

The global airway management devices market is expected to grow from $1.40 billion in 2019 to $2.15 billion in 2020 at a compound annual growth rate (CAGR) of 53.35%. The growth is mainly due to the COVID-19 outbreak that required airway management devices to support Covid-19 patients with ease in breathing. The market is expected to stabilize and reach $2.65 billion in 2023 at a CAGR of 7.33%.

The market for the airway management devices consists of sales of airway management devices and related services. Airway management devices are used to prevent and relieve airway obstruction to ensure proper exchange of air between the patient’s lungs and atmosphere.

North America was the largest region in the airway management devices market in 2019.

In June 2018, Novo Klinik-Service GmbH, a company engaged in developing, producing and marketing innovative medical technology solutions and medical aids for intensive care, anesthesia and care sectors, announced the acquisition of Innocath for an undisclosed amount. With the acquisition, Novo Klinik-Service GmbH added ventilated patient care products of Innocath to its airway management product line. Innocath is based in Germany and its products include, tracheostomy tether, respiratory tube systems, laryngeal masks and accessories, and a range of airway management products for hospitals.

The airway management devices market covered in this report is segmented by type into infraglottic airway management devices; supraglottic airway management devices; resuscitators; laryngoscopes; other devices. It is also segmented by end-use into hospital; homecare, and by application into anesthesia; emergency medicine; others.

The complications and failures associated with airway management devices limit the growth of airway management devices. According to BioMed Research International Journal, the concerns or complications related to the supraglottic and other airway management devices include compression of vascular structures, regurgitation, aspiration of gastric contents, trauma, and nerve injury. Therefore, higher incidences of complications associated with the airway management devices question the use of devices in the first place and likely harm the market growth.

The launch of innovative airway management devices is shaping the airway management devices market. For instance, in January 2019, Verathon, a medical device manufacturer specialized in airway management devices, announced the launch of Glide Scope Core, the most flexible and comprehensive airway visualization system available for bronchoscopy, video laryngoscopy, and multimodal airway procedures. Glide Scope Core was the first airway visualization system with live and simultaneous picture-in-picture imaging which offers healthcare professionals the power to see and do more. Similarly, in June 2020, Docsinnovent Ltd launched an advanced version of V-gel, which is a supraglottic airway device for cats and rabbits.

The increasing prevalence of respiratory diseases is expected to propel the demand for airway management devices market over the forecast period. Airway management devices are used for difficult emergency airway management during medical procedures. According to the publication of United for Lung Health in 2019, a forum of international respiratory societies, chronic obstructive pulmonary disease (COPD) is the third leading cause of death with an average of 384 million people suffering from COPD each year. Lung cancer was the deadliest cancer with 1.76 million deaths annually across the world. Moreover, 10 million people develop tuberculosis and 334 million people suffer from asthma every year. This scenario drives the growth of the airway management devices market.




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Last Updated August 6, 2020