Airway management devices such as laryngoscopes and endotracheal tubes are used for emergency airway management. These devices help in assessment of airway difficulty and performing safe endotracheal intubations. Technological advancements in airway management devices include the incorporation of video cameras, fiberoptic technology and sensors that provide real-time feedback on endotracheal tube placement.
The global Airway Management Devices Market is estimated to be valued at US$ 1949.53 Mn in 2023 and is expected to exhibit a CAGR of 6.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends: Technological advancements are driving the growth of the airway management devices market. Integration of technologies such as fiberoptics and video cameras in laryngoscopes and endotracheal tubes has improved visualization during intubation procedures. This has increased the success rate of emergency airway management and reduced complications. For example, video laryngoscopes provide direct line of sight views of the larynx thereby making intubation procedures easier even in patients with difficult airways. Similarly, advancement in fiberoptic technology allows continuous monitoring of endotracheal tube position after intubation. Sensors integrated in tubes provide real-time feedback to clinicians for ensuring correct placement in the trachea. Such innovations are enhancing patient safety and outcomes, thereby accelerating the demand for technologically advanced airway management devices.
Segment Analysis
The global airway management devices market is dominated by supraglottic airway devices segment. Supraglottic airway devices provide non-invasive airway management during procedures requiring anesthesia with muscle relaxation or general anesthesia. These devices are preferred over endotracheal tubes as they are easy to insert and reduce complications associated with endotracheal intubation.
Key Takeaways
The global airway management devices market size is expected to witness high growth over the forecast period of 2023 to 2030 supported by increasing incidence of chronic respiratory diseases, rising numbers of surgical procedures performed and patients requiring emergency care. The global Airway Management Devices Market is estimated to be valued at US$ 1949.53 Mn in 2023 and is expected to exhibit a CAGR of 6.9% over the forecast period 2023 to 2030.
Regional analysis
North America currently dominates the global airway management devices market due to large base of medical device manufacturers, rising demand for digital health platforms and technologies driving market growth in the region. However, Asia Pacific region is expected to grow at the fastest pace during the forecast period owing to increasing healthcare spending, rising incidences of chronic respiratory diseases, growing population and demand for advanced medical devices in countries like China and India.
Key players
Key players operating in the airway management devices market are Cargill, Archer Daniels Midland Company (ADM), Bunge Limited, Ingredion Incorporated, Associated British Foods (ABF), Tate & Lyle, Agrana Beteiligungs AG, The Scoular Company, Grain Processing Corporation (GPC), Didion Milling.
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