REPORT HIGHLIGHT
Supraglottic airway management devices market size was valued at USD 2,051.6 Million in 2022, expanding at a CAGR of 9.1% from 2023 to 2030.
An airway management device is a term used as a set of medical procedures to prevent or protect airway obstruction in patients. Various products, including laryngeal mask airways, tracheal incubation, oropharyngeal airways, and nasopharyngeal airways, are employed to offer airways to patients in hospitals undergoing anesthesia procedures. Moreover, an open pathway is maintained by this device in patients, allowing gas exchange between the surrounding environment and lungs. Furthermore, these devices are also used in emergency medicine, cardiopulmonary resuscitation, neonatology, and anesthesia.
Supraglottic Airway Management Devices Market - Market Dynamics:
- Increasing demand for intensive care & emergency and single-use devices will propel the market growth
- Numerous patients with chronic, cardiac, and infectious illnesses have problems receiving diet therapy. Likewise goes for individuals who have been in a car accident or with serious illnesses require instant clearance for their safety. In line with this, due to a lack of oxygen and respiratory failure demand for ventilation is increasing. As such cases increase, the demand is also driving for airway devices. However, a lack of skilled professionals and a rise in pricing pressure is expected to hamper the market growth. Furthermore, single-use devices are the most significant advantage widely used in airway management, which leads to driving patient and anesthesiologist preference and increased patient safety for these devices. Moreover, single-use devices such as laryngoscope blades, endotracheal tubes, resuscitators, and tracheotomy tubes are used widely in hospitals for the treatment of seriously ill patients with highly infectious diseases and value-based care services. These devices are also employed to safeguard patients from healthcare-associated infections (HAI) and offer various benefits over reused devices, such as time savings for disinfecting and cleaning. Thus, single-use devices will likely fuel market growth.
Supraglottic Airway Management Devices Market - Key Insights:
- As per the analysis shared by our research analyst, the global supraglottic airway management devices market is estimated to grow annually at a CAGR of around 9.1% over the forecast period (2023-2030)
- The supraglottic airway management devices industry is projected to grow at a significant rate due to the growing prevalence of respiratory disease
- Based on device type segmentation, infraglottic devices was predicted to show maximum market share in the year 2022
- Based on patient age segmentation, adult patients was the leading type in 2022
- The number of patients who need intubation implementing invasive airway management techniques has increased because of the potential of virus particles to become aerosolized during non-invasive procedures
Supraglottic Airway Management Devices Market- Segmentation Analysis:
- The Global supraglottic airway management devices market is segmented on the basis of device type, patient age, end user, and region.
- The market is divided into four categories based on device type: resuscitators, infraglottic devices, laryngoscopes, supraglottic devices, and others. The infraglottic devices segment accounted to possess the largest revenue share. As infraglottic devices make a passageway for the mouth to flow through the glottis and after that into the trachea. Several infraglottic techniques are present and the method chosen will depend on the level of training & expertise, the accessibility of equipment, and the patient's specific disease or injury.
- The market is divided into two categories based on patient age: pediatric patients and adult patients. The adult patients segment is likely to hold the largest market share owing to the majority of visit hospitals for medical procedures when oxygenation and ventilation are required. The key factors contributing to the adult patient's segment growth are the rising occurrence of chronic diseases and the increase in the adult population.
- The market is divided into three categories based on end-users: hospitals, ambulatory care, home care, and others. The hospital segment is likely to maintain its dominance during the forecast period. The development of the infrastructure and economy, especially in emerging economies, and the increase in the number of hospitals are attributed to witness market growth. Moreover, the increase in surgical procedures in the hospital sector provides the opportunity for anesthetic and oxygenation administration, thus raising segment growth.
Supraglottic Airway Management Devices Market- Geographical Insights
Geographically, this market is widespread into the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business.
Supraglottic Airway Management Devices Market- Competitive Landscape:
The existence of various pharmaceutical companies producing antitussive drugs might lead to competition in terms of marketing strategies, pricing, and product features. Moreover, new and improved antitussive drugs can be developed as a result of advances in medical research with fewer side effects and better efficacy. The market players are interested in investing in the R&D of unique and smart activities to sustain their growth in the market. The strategies followed by market players such as collaborations, refurbishing of existing technology, and collaborations. For instance, in August 2020, Verathon announced the GlideScope Video Baton QC Large. Moreover, video Baton QC Large can be used in conjunction with GlideScope Core - a flexible and comprehensive airway visualization system for video bronchoscopy, laryngoscopy, and multimodal airway procedures.
Recent Developments:
For instance, in May 2023, Medtronic plc announced its acquisition of Intersect ENT, expanding the company's comprehensive ear, nose, and throat (ENT) portfolio with improved products used in sinus procedures to treat nasal polyps and to improve post-operative outcomes.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL SUPRAGLOTTIC AIRWAY MANAGEMENT DEVICES MARKET KEY PLAYERS
- Rudolf Riester GmbH
- Teleflex Incorporated
- VBM Medizintechnik GmbH
- Intersurgical Ltd.
- Flexicare
- Armstrong Medical Inc.
- Ambu A/S
- Olympus Corporation
- Medline Industries, Inc.
- Mercury Medical
- Medtronic
- Verathon Inc.
- General Electric
- SunMed
GLOBAL SUPRAGLOTTIC AIRWAY MANAGEMENT DEVICES MARKET, BY DEVICE TYPE
- Resuscitators
- Infraglottic Devices
- Laryngoscopes
- Supraglottic Devices
- Others
GLOBAL SUPRAGLOTTIC AIRWAY MANAGEMENT DEVICES MARKET, BY PATIENT AGE
- Pediatric Patients
- Adult Patients
GLOBAL SUPRAGLOTTIC AIRWAY MANAGEMENT DEVICES MARKET, BY END USER
- Hospitals
- Ambulatory Care
- Home Care
- Others
GLOBAL SUPRAGLOTTIC AIRWAY MANAGEMENT DEVICES MARKET, BY REGION
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Russia
- Netherlands
- Sweden
- Poland
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Australia
- Thailand
- Indonesia
- Philippines
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Israel
- Turkey
- Algeria
- Egypt
- Rest of MEA