Global Airway Management Devices Market was valued at USD1.56 billion in 2017, and is estimated to grow at a CAGR of 5.6% from 2017 to 2024.
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Airway management is the pioneering technology for treatment of any critically ill patient. Airway companion is used to help maintain a patient airway that may include relatively simple devices such as an oral or nasopharyngeal airway while more complex airway support may require placement of either an endotracheal (ET) or tracheostomy tube. Increase in anaesthesia usage as a result of growth in surgeries, is expected to propel the demand for advanced devices thus having a positive effect on the overall Global Airway Management Devices Market growth of airway management devices. The Increasing demand for emergency treatment for long term illnesses as well as treatment related to lung diseases in children and adults further act as some important drivers for the overall Global Airway Management Devices Market growth. Global Airway Management Devices Market is segmented by type, patient age, end user and region. Global airway management devices have the predominant usage in operating rooms, emergency care department and intensive care units. As the regions are taken into consideration, North America held the highest market share in 2016, and is estimated to further grow at the highest growth rate during the forecast period. The supportive government initiatives and considerable enforcement of practice guidelines released by healthcare organizations present across this region are some of the key factors responsible for the high share registered by the North America. The major players in theGlobal Airway Management Devices Market are 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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