27-Jun-2023 | Zion Market Research
The global supraglottic airway management devices market size was worth around USD 1800 million in 2022 and is predicted to grow to around USD 3400 million by 2030 with a compound annual growth rate (CAGR) of roughly 8.5% between 2023 and 2030.
Supraglottic airway management devices are medical devices designed to establish and maintain a patent airway during various medical procedures, including anesthesia, resuscitation, and emergency airway management. These devices are inserted into the oropharynx, above the larynx, to secure and support the airway, allowing for effective ventilation and oxygenation. The supraglottic airway management devices serve as an alternative to traditional endotracheal intubation, which involves the placement of a tube through the vocal cords into the trachea. Unlike endotracheal intubation, which requires direct visualization of the vocal cords and advanced laryngoscopy skills, supraglottic airway devices are generally easier to insert and can be used by healthcare providers with varying levels of experience.
This review is based on a report by Zion Market Research, titled "Supraglottic Airway Management Devices Market By Product (Laryngeal Mask Airways, Oropharyngeal Airways, Nasopharyngeal Airways, And Others), By Age Group (Adult And Pediatric Patients/Neonates), By Procedure (Intensive Care Unit Or Emergency Procedure And Non-Emergency Surgical Procedures), By Application (Anesthesia, Emergency Medicine, And Others), By End User (Hospitals, Homecare, Ambulatory Surgical Center, And Others) And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030"- Report at https://www.zionmarketresearch.com/report/supraglottic-airway-management-devices-market
The supraglottic airway management devices market's revenue growth is being driven by the rising prevalence of chronic respiratory disorders including COPD & asthma, advantageous reimbursement coverage across developed nations, an increase in patient admissions for emergency & critical care, and the high rate of preterm deliveries. Additionally, the market is expanding due to rising elderly populations and expanding healthcare infrastructure. Significant market expansion prospects are presented by the rising demand for single-use airway management devices and the high growth potential for airway management therapy in emerging nations. On the other hand, throughout the projection period, it is anticipated that the adverse effects of some devices on neonates, a shortage of experts with the necessary skills, rising pricing pressure on market competitors, and a lack of reimbursement policies in emerging nations would impede the market's expansion.
The global supraglottic airway management devices industry is segmented based on product, age group, procedure, application, end user, and region.
Based on the product, the global market is bifurcated into laryngeal mask airways, oropharyngeal airways, nasopharyngeal airways, and others.
Based on the age group, the global supraglottic airway management devices industry is divided into adult and pediatric patients/neonates.
Based on the procedure, the market is segmented into intensive care unit or emergency procedures and non-emergency surgical procedures.
Based on the application, the global supraglottic airway management devices industry is divided into anesthesia, emergency medicine, and others. The anesthesia segment is expected to capture the largest market share over the forecast period. The growth in the segment is owing to the high preference and adoption of these devices by anesthesiologists in surgical operative procedures. The great efficiency in airway clearing and maintenance of appropriate ventilation without compromising patient safety during operations is considered to be the cause of the rising usage.
Based on the end user, the market is segmented into hospitals, homecare, ambulatory surgical center, and others. The hospital segment is expected to dominate the market over the forecast period. The segment growth is attributed to the high patient turnaround, frequent readmissions, and large procedure volumes. A bigger percentage is also the outcome of enabling infrastructure that makes effective surgical operations involving airway management possible. Additionally, the growing government activities targeted at enhancing safety and minimizing unfavorable incidents play a significant role in the segment's considerable share.
North America is expected to dominate the global supraglottic airway management devices market over the forecast period. North America has a well-established healthcare reimbursement system. The presence of favorable reimbursement policies for supraglottic airway management devices encourages healthcare providers to adopt these devices. Adequate reimbursement ensures that the cost of these devices is covered, making them more accessible to patients and healthcare facilities. On the other hand, the Asia Pacific is expected to grow at the highest CAGR over the forecast period. Asia Pacific has emerged as a popular destination for medical tourism. Patients from around the world seek healthcare services in the region due to cost advantages, high-quality medical facilities, and skilled healthcare professionals. The demand for supraglottic airway management devices is influenced by the increasing number of medical tourists undergoing surgical procedures, driving market growth.
The global supraglottic airway management devices market is dominated by players like:
By Product
By Age Group
By Procedure
By Application
By End User
By Region
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