According to FutureWise analysis, the market for Airway Management Devices is estimated to be US$ 1.9 billion in 2023, and is expected to reach US$ 2.99 billion by 2031 at a CAGR of 5.8% over the forecast period of 2023-2031.
A set of medical techniques called an airway management device is used to maintain patients' airways clear. This medical gadget keeps a patient's route open, allowing air exchange between the lungs and the outside environment. Airway management devices are used to maintain or restore a safe, dependable route for ventilation and oxygenation. In order to guarantee the appropriate exchange of air between the patient's lungs and the environment, airway management systems are used to prevent and alleviate airway blockage. In hospitals, a variety of items are used to deliver airways for patients receiving anesthesia, including nasopharyngeal airways, oropharyngeal airways, tracheal intubation, and laryngeal mask airways. Numerous situations employ these devices, including anesthesia, emergency medicine, cardiopulmonary resuscitation, neonatology, and others. The growing prevalence of preterm delivery may make airway control necessary, and it has benefits in neonatology for treating airways in infants.
The most common kinds of airway management tools include laryngoscopes, resuscitators, infraglottic airway management tools, and supraglottic airway management tools. The use of infraglottic airway management devices helps to maintain appropriate airflow between the patient's lungs and the atmosphere by preventing and relieving airway blockage. Similarly, laryngoscopes are medical devices used to visualize the vocal cords and facilitate tracheal intubation, while resuscitators are used to provide artificial ventilation during resuscitation or emergency situations. The global airway management devices market is predicted to expand at a high pace in the years to come due to the growing demand for advanced airway management devices, the rising prevalence of respiratory illness, and the growing demand for non-invasive airway management devices.
FutureWise Market Research has published a report that provides an insightful analysis of Airway Management Devices Market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. By the end of the forecast period FutureWise research analysts projects that Airway Management Devices Market will experience a significant growth.
According to the analysis done, this report will help understand the information referring to the total valuation held by this industry. Additionally, this report will help in understanding the growth opportunities held by various segments of this market, further assist in making better strategic and expansion decisions by key stakeholders of an organization.