Connect with us

Trends

Airway management devices market to reach USD 4.03B by 2030

An airway management device is a collection of medical procedures used to keep patients’ airways clear. This device maintains an open pathway in patients, allowing gas exchange between the lungs and the atmosphere. Various products, such as oropharyngeal airways, nasopharyngeal airways, laryngeal mask airways, and tracheal incubation, are used in hospitals to provide airways in patients undergoing anaesthesia. These devices are used in a variety of settings, including anaesthesia, cardiopulmonary resuscitation, emergency medicine, neonatology, and many others. It has applications in neonatology for managing airway in babies, and the increasing incidence of preterm birth may necessitate the need for airway management.

A new study global airway management devices market Trends and Insights has just been made available on market intelligence data. A detailed study accumulated to offer Latest insights about acute features of the airway management devices market.

The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market.

The market includes news and updates about the market current situation, historic data, present market trends, and this factor which is valuable and supportive to the business. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

The report aims to supply a further illustration of the newest scenario, economic slowdown, and Covid-19 impact on the overall industry. This research report was put together using both static and dynamic viewpoints on business.

The airway management devices market is anticipated to grow from USD 2.10 billion in 2024 to USD 4.03 billion by 2030, at a CAGR of 7.6% during the forecast period.

Airway management device market dynamics
Drivers
The rise in the demand for emergency and intensive care
Patients with infectious, chronic, or cardiac conditions frequently have airway complications that necessitate immediate treatment. Similarly, people in a car accident or other traumatic injuries may require quick airway clearance to ensure their safety.

Because of the high number of such cases, the global demand for airway management devices is increasing.

Increasing prevalence of respiratory diseases
One of the key factors driving the market is the rising prevalence of respiratory diseases. Furthermore, as the number of surgeries increases, so does the use of anaesthesia.

This, together with the numerous advantages of airway management devices, such as high efficiency in airway clearance and the maintenance of proper ventilation and patient safety during operative procedures, is also contributing to market growth.

Regulatory compliance
Maintaining compliance with medical reforms and regulations raises the demand for these solutions.

Government investments for healthcare interoperability
The federal government’s increased funding to drive the adoption of these solutions has further influenced the market. Furthermore, the increase in healthcare spending, advancements in healthcare infrastructure, and a high demand for expanded care delivery all benefit the airway management device market.

Opportunities
The Covid-19 pandemic has increased the use of single-use airway management devices in healthcare facilities as they strive to meet infection-control guidelines. Covid-19 patients who require ventilation are frequently intubated using single-use endotracheal or tracheostomy tubes.

The rising prevalence of Covid-19 has increased global demand for airway management devices. This point to lucrative growth opportunities for market participants. Research and Markets

Copyright © 2024 Medical Buyer

error: Content is protected !!