The global airway management devices market was valued at USD 1.52 billion in 2017 and is projected to reach USD 2.10 billion by 2023, at a CAGR of 5.6% during the forecast period.
Base year considered for the report is 2017 and the forecast period considered for this report is 2018–2023.
The growth of airway management devices market is majorly driven by factors such as rising prevalence of chronic respiratory diseases, increasing demand for emergency care, and high incidence of preterm babies are driving the growth of this market.
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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
Research Methodology
Top-down and bottom-up approaches were used to validate the size of the global airway management devices market and estimate the size of other dependent submarkets.
Various secondary sources such as, World Health Organization (WHO), World Economic Forum, World Bank, World Federation of Societies of Anaesthesiologists (WFSA), Difficult Airway Society, British Medical Association (BMA), American Lung Association, American Society of Anesthesiologists (ASA), Centers for Disease Control and Prevention (CDC), Health Canada, Paramedic Association of Canada, Eurostat, European Society of Anaesthesiology (ESA), Dubai Health Authority (DHA), press releases, directories, industry journals, databases, and annual reports of the companies have been used to identify and collect information useful for the study of this market.
Primary sources such as experts from both supply and demand sides have been interviewed to obtain and validate information as well as to assess dynamics of this market. The breakdown of profiles of primaries is shown in the figure below:
The major players in this market include Medtronic (Ireland), Smiths Medical (US), Teleflex (US), Ambu (US), KARL STORZ (Germany), Flexicare (US), Verathon (US), Olympus (Japan), Intersurgical (UK), SunMed (US), Vyaire Medical (US), and VBM Medizintechnik (Germany).
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