The Airway Management Devices Market Companies has been studied in-depth in the report on the same published by Market Research Future (MRFR). The report claims that the market can reach a valuation of USD 1764.47 million by 2025 with a CAGR of 5.2% during the forecast period covering 2019 to 2025. The market would be influenced by rising cases of Chronic Obstructive Pulmonary Disease and better technological inclusion in the healthcare sector. In addition, the growth would also get tailwinds from a better level of awareness and surge in accidents where immediate care is needed. Better training facilities of the paramedics can also develop the market scenario.
There are several restraints in the airway management market as it has risks in various neonatal procedures. The shortage of adept service-providers can also adversely influence the market.
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The global market on airway management can be studied on the basis of product type, application, and end user. This segmentation holds several inputs and insights regarding the market proceedings, which can help in a better understanding of the market movements.
By product type, the report on the global airway management market includes infra-glottic, supraglottic, accessories, anesthesia mask, laryngoscopes, and others.
By application, the global airway management market includes segments like general anesthesia, respiratory care, surgery, and others. The surgery segment has the largest market share and is going to enjoy further growth in the coming days.
By end user, the global airway management market includes segments, such as hospitals, surgical centers, and others. The hospitals segment would lead the market as the intake capacity of such systems is quite high during the procedure.
The global market report on airway management has a special emphasis on various growth pockets that would help various companies in developing strategies where the return on investment would be higher. This is primarily because the report includes a proper charting of the global demography.
The Americas would lead the market as the number of accidents is rising, which is creating a high demand for such operations in various hospitals. Better infrastructure in countries like the US, Canada, Argentina, and Brazil would ensure improved market positioning in the coming years.
Europe’s market is the second-largest and it would grow notably with the increase in surgical procedures. In Germany, the market would enjoy a proper boost. The Asia Pacific region would be named as the fastest-growing region as several countries are slowly waking up to the possibilities this system offers. In addition, improving the healthcare structure is spurring the intake of airway management systems.
The global market for the airway management is thriving on the profits made by several companies like Smiths Group PLC [UK] (Smiths Medical), Medtronic (Ireland), Vyaire Medical (US), Teleflex Incorporated (US), Sunmed (US), Roper Technologies (US) (Verathon Inc.), Vbm Medizintechnik GmbH (Germany), Salter Labs (US), Ambu A/S (Denmark), Sourcemark (US), and Intersurgical Inc (UK). These companies are investing substantial amounts in collaborations, mergers, acquisitions, researches, product launches, branding & marketing, and others that would ensure strong growth for the market.
In February 2020, reports came out regarding an innovation launched by Dr. William Rosenblatt of the department of anesthesiology and otolaryngology at Yale School of Medicine. He developed an Airway on Demand (AOD) program that would help educational resourced to trainees learning airway management. This would help the emergency service providers in getting useful lessons to implement them in practical situations.
Table of Contents
1. REPORT PROLOGUE
2. MARKET INTRODUCTION
2.2. Scope of the Study
2.2.1. Research Objective
3. RESEARCH METHODOLOGY
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
4. MARKET DYNAMICS
5. MARKET FACTOR ANALYSIS
5.1. Porter’s Five Forces Analysis
5.1.1. Bargaining Power of Suppliers
5.1.2. Bargaining Power of Buyers
5.1.3. Threat of New Entrants
5.1.4. Threat of Substitutes
5.1.5. Intensity of Rivalry
5.2. Value Chain Analysis
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