San Jose, California (PRWEB) February 10, 2015
Follow us on LinkedIn – The global airway management devices market is witnessing growth, driven by factors such as aging population and increasing volume of global surgical procedures. Airway management is indispensable in the practice of anesthesiology. Both endotracheal intubation and external laryngeal manipulation are critical in emergency care. Airway management in cardiopulmonary resuscitation is growing in popularity, given the rising incidence of sudden cardiorespiratory arrest among the aging population. Recent advances in video-enabled technology have transformed airway management into a high-margin business. Demand for video laryngoscopy is forecast to witness growth supported by benefits such as reduced patient morbidity and easy intubation process. Home-based therapies for airway management are also gaining in significance. Low hospital reimbursement rates create a favorable market for affordable and accessible home treatment systems.
Growth in the market is also expected to benefit from technological developments that provide enhanced reprocessing, and improved angulation capabilities. Notable product brands in the market include IntubaidFlex™; C-MAC FIVE Scope; King Vision; Ambu aScope; Air Q Blocker™; and Ambu AuraOnce™. Given the fact that anatomical and physiological differences between airways in adults and infants present medical challenges, a key trend in the market is the development of pediatric airway management. Pediatric airway management is a significant market owing to the fact that time available for resuscitation in children is much less than that in adults, and hence oxygenation needs are to be rapidly addressed. Few of the innovative devices developed for pediatric use include pediatric masks, pediatric laryngoscopes (straight Miller and curved Macintosh blades), airway adjuncts, rigid C-shaped oral airway devices, soft and flexible nasal airway devices, and Portex soft seal, among others.
As stated by the new market research report on Airway Management Devices, the United States represents the largest market worldwide, followed by Europe. Asia-Pacific is forecast to emerge as the fastest growing market with a CAGR of 8.8% over the analysis period. Growth in the region is led by aging population, increasing number of surgeries, developing healthcare infrastructure, and higher per capita healthcare spending among the expanding base of middle class population. Endotracheal Tubes and Face Masks represents the largest product market, while Supraglottic devices, including Laryngeal Mask Airways (LMAs) represents the fastest-growing segment. LMAs are gradually replacing Endotracheal Tubes (ETT) as they are easier to use and are less invasive.
Major players covered in the report include Ambu A/S, CareFusion Corp., Intersurgical Ltd., Medtronic Plc., Smiths Medical Inc., and Teleflex Inc., among others.
The research report titled “Airway Management Devices: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of trends, growth drivers, restraints, market share, size and demand projections and forecasts. Major geographic regions covered include the US, Canada, Japan, Europe, Asia Pacific, Middle East & Africa, and Latin America. Key segments analyzed include Supraglottic Devices, and Other Airway Management Devices (Face Masks and Endotracheal Tubes). The report also offers coverage on mergers, acquisitions, product launches and other strategic industry activities of major global and regional players.
For more details about this comprehensive market research report, please click here
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
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