Airway Market
Airway Market Forecasts to 2030 - Global Analysis By Device Type (Infraglottic Devices, Supraglottic Devices, Laryngoscopes, Resuscitators, Cricothyrotomy Kits and Other Device Types), Material (Silicone, Polyvinyl Chloride (PVC), Latex and Other Materials), Age Group Considerations, Application, End User and By Geography
|
Years Covered |
2021-2030 |
|
Estimated Year Value (2023) |
US $1.97 BN |
|
Projected Year Value (2030) |
US $3.32 BN |
|
CAGR (2023 - 2030) |
7.6% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Asia Pacific |
|
Highest Growing Market |
North America |
According to Stratistics MRC, the Global Airway Market is accounted for $1.97 billion in 2023 and is expected to reach $3.32 billion by 2030 growing at a CAGR of 7.6% during the forecast period. Airway refers to the process of ensuring that a patient's breathing is open and unobstructed, allowing for the free exchange of air between the lungs and the environment. This is a critical aspect of medical care, as it is essential for effective breathing. Airway management is a fundamental skill for healthcare providers, particularly those in emergency medicine, anaesthesiology, critical care, and surgery. It is often one of the first priorities in the assessment and treatment of patients, especially in emergency situations. Proper training, equipment, and assessment techniques are vital for successful airway management.
According to a survey in 2020 by the All India Difficult Airway Association, 86.48% of respondents assessed the airway preoperatively.
Market Dynamics:
Driver:
Rising incidence of respiratory disorders
The increasing incidence of respiratory disorders has led to greater awareness among healthcare professionals and the general public about the importance of effective airway management. Many individuals with chronic respiratory disorders prefer to manage their conditions at home. This has led to a surge in demand for portable and user-friendly airway management devices. This creates a substantial demand for airway management solutions, spurring innovation and development in the market.
Restraint:
Lack of skilled professionals
Advanced anaesthetists and experienced nurses are needed for airway management treatments such as cricothyrotomy, endotracheal intubation, and tracheostomy. Lack of understanding regarding the appropriate course of urgent treatment can have a negative impact on the patient's health, lengthen the period of recovery, and raise both direct and indirect costs. Thereby, the market is hampered by the scarcity of anaesthetists and paramedics, which has had a direct impact on the effectiveness and capacity of healthcare institutions to deliver surgical and emergency treatment.
Opportunity:
Growing incidence of pre-term births
A preterm birth occurs when a baby is delivered too soon, before the full 37 weeks of pregnancy have passed. Premature births have become more common recently on a global scale. Babies who have trouble breathing could benefit from a mechanical ventilator. These infants may also experience breathing irregularities, asthma, and other respiratory conditions. Taking into account these factors, the need for airway management devices is driven by the high and growing prevalence of pre-term babies.
Threat:
High development costs
Developing advanced airway management devices involves significant investments in research, design, testing, and clinical trials which can be quite expensive. Companies in the industry may face financial constraints in funding these activities, particularly for smaller or emerging players. Also, high development costs may limit a company's ability to invest in cutting-edge technologies and innovation. These costs can be particularly burdensome, potentially limiting their ability to compete in the market.
Covid-19 Impact
The COVID-19 pandemic led to a surge in demand for ventilators and other respiratory support devices, especially during the initial stages when many patients with severe cases of the virus required intensive care. The pandemic disrupted global supply chains, affecting the production and distribution of medical equipment. But, some companies have reoriented their production capabilities towards manufacturing respiratory devices to meet the increased demand. The heightened awareness of respiratory health led to sustained demand for airway management devices beyond the acute phase of the pandemic.
The pediatric airway devices segment is expected to be the largest during the forecast period
The pediatric airway devices segment is estimated to have a lucrative growth. Pediatric airway devices are specialized medical instruments designed to assist in maintaining a clear and secure airway in infants, children, and adolescents. They play a vital role in ensuring adequate oxygenation and ventilation in pediatric patients. These devices have a camera attached to the blade, allowing for a visualized intubation procedure. It provides enhanced safety during intubation and reduces trauma risk.
The respiratory therapy segment is expected to have the highest CAGR during the forecast period
The respiratory therapy segment is anticipated to witness the highest CAGR growth during the forecast period. In respiratory therapy, maintaining a patent airway is crucial for ensuring effective breathing and oxygenation. Respiratory therapy is critical in providing life-saving care to patients with acute or chronic respiratory conditions. It plays a pivotal role in improving oxygenation, ventilation, and overall respiratory function. It reduces respiratory distress and prevents patients from hypoxia. Also, in emergency situations like cardiac arrest, airway devices are essential life-saving measures.
Region with largest share:
Asia Pacific is projected to hold the largest market share during the forecast period. Many governments in the Asia-Pacific region have been investing in healthcare infrastructure and implementing policies to improve access to quality healthcare services. There are both local and multinational companies operating in the airway healthcare market in this region. Moreover, factors such as aging populations, increased awareness of healthcare, and expanding middle-class populations are fuelling the market growth in this region.
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period, owing to the presence of highly developed healthcare system, the increasing prevalence of chronic respiratory diseases, and favourable reimbursement policies for airway management devices. It has the presence of major players in the airway management market namely Medtronic, Teleflex, Smiths Medical, and Ambu. The airway market is expected to continue growing, driven by factors such as an aging population, technological advancements, and an increased focus on patient safety in the region.
Key players in the market
Some of the key players profiled in the Airway Market include Ambu A/S, Convatec Group, Medtronic PLC, SunMed LLC, Teleflex Incorporated, Intersurgical Ltd, Smiths Medical Inc, Vyaire Medical, KARL STORZ, GE Healthcare, Olympus Corporation, Koninklijke Philips N.V., Medline Industries Inc, Atos Medical, Eakin Healthcare Group, Venner Medical, Nihon Kohden Corporation, Mercury Enterprises, Flexicare Group and Verathon Inc.
Key Developments:
In August 2023, GE HealthCare has designed Vscan Air SL for rapid assessments at the point of care to expedite the diagnosis and treatment decisions by offering high levels of penetration, resolution, and sensitivity in imaging performance. The pocket-sized, portable ultrasound device is intended to allow clinicians to efficiently gather and view crystal-clear cardiac and vascular pictures at the point of care.
In March 2023, Royal Philips announced the debut of Philips Virtual Care Management, a comprehensive portfolio of flexible solutions and services to help health systems, providers, payers and employer groups more meaningfully motivate and deeply connect with patients from virtually anywhere.
In October 2022, Medtronic plc, a global leader in healthcare technology, today announced its intention to pursue a separation of the company's combined Patient Monitoring and Respiratory Interventions businesses ("NewCo"), which are part of the company's Medical Surgical Portfolio.
Device Types Covered:
• Infraglottic Devices
• Supraglottic Devices
• Laryngoscopes
• Resuscitators
• Cricothyrotomy Kits
• Other Device Types
Materials Covered:
• Silicone
• Polyvinyl Chloride (PVC)
• Latex
• Other Materials
Age Group Considerations Covered:
• Pediatric Airway Devices
• Adult Airway Devices
• Geriatric Airway Devices
Applications Covered:
• Emergency Medicine
• Critical Care
• Anaesthesia
• Respiratory Therapy
• Neonatal & Pediatric Care
• Specialized Procedures
• Veterinary Medicine
End Users Covered:
• Ambulatory Surgical Centers
• Hospitals & Medical Centers
• Specialty Clinics
• Long-Term Care Facilities
• Critical Care Units
• Dental Practices
• Rehabilitation Centers
• Veterinary Clinics
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Airway Market, By Device Type
5.1 Introduction
5.2 Infraglottic Devices
5.2.1 Endotracheal Tubes
5.2.2 Tracheostomy Tubes
5.3 Supraglottic Devices
5.3.1 Laryngeal Masks
5.3.2 Orotracheal Tubes
5.3.3 Nasotracheal Tubes
5.4 Laryngoscopes
5.4.1 Conventional Laryngoscopes
5.4.2 Video Laryngoscopes
5.5 Resuscitators
5.6 Cricothyrotomy Kits
5.7 Other Device Types
6 Global Airway Market, By Material
6.1 Introduction
6.2 Silicone
6.3 Polyvinyl Chloride (PVC)
6.4 Latex
6.5 Other Materials
7 Global Airway Market, By Age Group Considerations
7.1 Introduction
7.2 Pediatric Airway Devices
7.3 Adult Airway Devices
7.4 Geriatric Airway Devices
8 Global Airway Market, By Application
8.1 Introduction
8.2 Emergency Medicine
8.3 Critical Care
8.4 Anaesthesia
8.5 Respiratory Therapy
8.6 Neonatal & Pediatric Care
8.7 Specialized Procedures
8.8 Veterinary Medicine
9 Global Airway Market, By End User
9.1 Introduction
9.2 Ambulatory Surgical Centers
9.3 Hospitals & Medical Centers
9.4 Specialty Clinics
9.5 Long-Term Care Facilities
9.6 Critical Care Units
9.7 Dental Practices
9.8 Rehabilitation Centers
9.9 Veterinary Clinics
10 Global Airway Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Ambu A/S
12.2 Convatec Group
12.3 Medtronic PLC
12.4 SunMed LLC
12.5 Teleflex Incorporated
12.6 Intersurgical Ltd
12.7 Smiths Medical Inc
12.8 Vyaire Medical
12.9 KARL STORZ
12.10 GE Healthcare
12.11 Olympus Corporation
12.12 Koninklijke Philips N.V.
12.13 Medline Industries Inc
12.14 Atos Medical
12.15 Eakin Healthcare Group
12.16 Venner Medical
12.17 Nihon Kohden Corporation
12.18 Mercury Enterprises
12.19 Flexicare Group
12.20 Verathon Inc
List of Tables
1 Global Airway Market Outlook, By Region (2021-2030) ($MN)
2 Global Airway Market Outlook, By Device Type (2021-2030) ($MN)
3 Global Airway Market Outlook, By Infraglottic Devices (2021-2030) ($MN)
4 Global Airway Market Outlook, By Endotracheal Tubes (2021-2030) ($MN)
5 Global Airway Market Outlook, By Tracheostomy Tubes (2021-2030) ($MN)
6 Global Airway Market Outlook, By Supraglottic Devices (2021-2030) ($MN)
7 Global Airway Market Outlook, By Laryngeal Masks (2021-2030) ($MN)
8 Global Airway Market Outlook, By Orotracheal Tubes (2021-2030) ($MN)
9 Global Airway Market Outlook, By Nasotracheal Tubes (2021-2030) ($MN)
10 Global Airway Market Outlook, By Laryngoscopes (2021-2030) ($MN)
11 Global Airway Market Outlook, By Conventional Laryngoscopes (2021-2030) ($MN)
12 Global Airway Market Outlook, By Video Laryngoscopes (2021-2030) ($MN)
13 Global Airway Market Outlook, By Resuscitators (2021-2030) ($MN)
14 Global Airway Market Outlook, By Cricothyrotomy Kits (2021-2030) ($MN)
15 Global Airway Market Outlook, By Other Device Types (2021-2030) ($MN)
16 Global Airway Market Outlook, By Material (2021-2030) ($MN)
17 Global Airway Market Outlook, By Silicone (2021-2030) ($MN)
18 Global Airway Market Outlook, By Polyvinyl Chloride (PVC) (2021-2030) ($MN)
19 Global Airway Market Outlook, By Latex (2021-2030) ($MN)
20 Global Airway Market Outlook, By Other Materials (2021-2030) ($MN)
21 Global Airway Market Outlook, By Age Group Considerations (2021-2030) ($MN)
22 Global Airway Market Outlook, By Pediatric Airway Devices (2021-2030) ($MN)
23 Global Airway Market Outlook, By Adult Airway Devices (2021-2030) ($MN)
24 Global Airway Market Outlook, By Geriatric Airway Devices (2021-2030) ($MN)
25 Global Airway Market Outlook, By Application (2021-2030) ($MN)
26 Global Airway Market Outlook, By Emergency Medicine (2021-2030) ($MN)
27 Global Airway Market Outlook, By Critical Care (2021-2030) ($MN)
28 Global Airway Market Outlook, By Anaesthesia (2021-2030) ($MN)
29 Global Airway Market Outlook, By Respiratory Therapy (2021-2030) ($MN)
30 Global Airway Market Outlook, By Neonatal & Pediatric Care (2021-2030) ($MN)
31 Global Airway Market Outlook, By Specialized Procedures (2021-2030) ($MN)
32 Global Airway Market Outlook, By Veterinary Medicine (2021-2030) ($MN)
33 Global Airway Market Outlook, By End User (2021-2030) ($MN)
34 Global Airway Market Outlook, By Ambulatory Surgical Centers (2021-2030) ($MN)
35 Global Airway Market Outlook, By Hospitals & Medical Centers (2021-2030) ($MN)
36 Global Airway Market Outlook, By Specialty Clinics (2021-2030) ($MN)
37 Global Airway Market Outlook, By Long-Term Care Facilities (2021-2030) ($MN)
38 Global Airway Market Outlook, By Critical Care Units (2021-2030) ($MN)
39 Global Airway Market Outlook, By Dental Practices (2021-2030) ($MN)
40 Global Airway Market Outlook, By Rehabilitation Centers (2021-2030) ($MN)
41 Global Airway Market Outlook, By Veterinary Clinics (2021-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
List of Figures
Figure 1 Global Airway Market Outlook (2021-2030) ($MN)
Figure 2 North America Airway Market Outlook (2021-2030) ($MN)
Figure 3 US Airway Market Outlook (2021-2030) ($MN)
Figure 4 Canada Airway Market Outlook (2021-2030) ($MN)
Figure 5 Mexico Airway Market Outlook (2021-2030) ($MN)
Figure 6 Europe Airway Market Outlook (2021-2030) ($MN)
Figure 7 Germany Airway Market Outlook (2021-2030) ($MN)
Figure 8 UK Airway Market Outlook (2021-2030) ($MN)
Figure 9 Italy Airway Market Outlook (2021-2030) ($MN)
Figure 10 France Airway Market Outlook (2021-2030) ($MN)
Figure 11 Spain Airway Market Outlook (2021-2030) ($MN)
Figure 12 Rest of Europe Airway Market Outlook (2021-2030) ($MN)
Figure 13 Asia Pacific Airway Market Outlook (2021-2030) ($MN)
Figure 14 Japan Airway Market Outlook (2021-2030) ($MN)
Figure 15 China Airway Market Outlook (2021-2030) ($MN)
Figure 16 India Airway Market Outlook (2021-2030) ($MN)
Figure 17 Australia Airway Market Outlook (2021-2030) ($MN)
Figure 18 New Zealand Airway Market Outlook (2021-2030) ($MN)
Figure 19 South Korea Airway Market Outlook (2021-2030) ($MN)
Figure 20 Rest of Asia Pacific Airway Market Outlook (2021-2030) ($MN)
Figure 21 South America Airway Market Outlook (2021-2030) ($MN)
Figure 22 Argentina Airway Market Outlook (2021-2030) ($MN)
Figure 23 Brazil Airway Market Outlook (2021-2030) ($MN)
Figure 24 Chile Airway Market Outlook (2021-2030) ($MN)
Figure 25 Rest of South America Airway Market Outlook (2021-2030) ($MN)
Figure 26 Middle East & Africa Airway Market Outlook (2021-2030) ($MN)
Figure 27 Saudi Arabia Airway Market Outlook (2021-2030) ($MN)
Figure 28 UAE Airway Market Outlook (2021-2030) ($MN)
Figure 29 Qatar Airway Market Outlook (2021-2030) ($MN)
Figure 30 South Africa Airway Market Outlook (2021-2030) ($MN)
Figure 31 Rest of Middle East & Africa Airway Market Outlook (2021-2030) ($MN)
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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