The pandemic situation is predicted to have a positive growth rate in the global airway management devices market. The global market for the airway management devices is predicted to grow due to the rise in the prevalence’s of the various chronic diseases. Moreover, the airway management devices are mostly used to provide oxygen for the person who cannot inhale in the appropriate manner. In the pandemic situation it has been noticed that the corona virus also affect the lungs which makes the patient to have berating problem, due to which many health care are preferring the ventilators as well as the airway management devices for the treatment procedure is predicted to boost the market in the pandemic situation. Moreover the unavailability of the skilled labors is predicted to hinder the market growth in the forecast period.
Our report includes:
- Technological Impact
- Social Impact
- Investment Opportunity Analysis
- Pre- & Post-COVID Market Scenario
- Infrastructure Analysis
- Supply Side & Demand Side Impact
According to a new report published by Research Dive, the global airway management devices market is anticipated to generate a revenue of $2,350.7 million by 2026, at a CAGR of 8.6% in the forecast time from 2019 to 2026.
Check out How COVID-19 impact on the Airway Management Devices Market. Click here to Connect with Analyst @ https://www.researchdive.com/covid-19-insights/266/global-airway-management-devices-market#myQueryForm
The global market segmentation has been done on the basis of component, end use and region. The report provides detailed information about drivers, opportunities, restraints, segmental analysis and competitive players of the market
Factors Affecting the Market Growth
As per our analyst, rising cases of the chronic diseases is predicted to boost the global airway management devices market in the forecast period. In addition, increasing preterm birth across the globe is predicted to drive the market in the forecast period. Moreover, Lack of skilled labors is predicted to hinder the market growth in the forecast period.
Supraglottic airway management devices is predicted to be the most lucrative segment
Depending on the type, the airway management devices market is segmented into infraglottic airway management devices, supraglottic airway management devices, resuscitators, laryngoscopes, and others. Supraglottic airway management devices was accounted for $246.2 million in 2018 and is predicted to grow at a CAGR of 9.5% in the forecast period. Easy tractable placement resulting in increasing the patient safety is predicted to boost the segment in the forecast period.
Emergency care departments is predicted to have the highest growth rate
Depending on the end use, the airway management devices market is segmented into operating rooms, emergency care departments, intensive care units, and others. Intensive care unit was accounted for $270.8 million in 2018 and is predicted to grow at a CAGR of 9.1% in the forecast period. Frequent readmission, higher patient turnaround and large procedure volumes is predicted to boost the segment in the forecast period
Check out How Pediatric patient was accounted for $467.7 million in 2018 and is predicted to grow at a CAGR of 9.3% in the forecast period @ https://www.researchdive.com/covid-19-insights/266/global-airway-management-devices-market
Pediatric patient is predicted to highest growth rate
Depending on the patient age, the airway management devices market is segmented into adult patient, and pediatric patients. Pediatric patient was accounted for $467.7 million in 2018 and is predicted to grow at a CAGR of 9.3% in the forecast period. Increasing cases of pediatric patient across the globe is predicted to boost the segment in the forecast period.
Regional Breakdown of the Market
Depending on the region, the airway management devices market is segmented into North America, Europe, Asia Pacific, and LAMEA. North America market was accounted for $504.6 million in 2018 and is predicted to grow at a CAGR of 8.3% in the forecast period. Due to the presence of well-equipped and government initiative and implementation of various guidelines in various healthcare institution is predicted to boost the region market in the forecast period.
Top Companies Leading the Market
Airway management devices market players include Intersurgical, Smiths Medical, Teleflex, SunMed, Medtronic, Ambu A/S, KARL STORZ, Flexicare, Vyaire Medical and VBM Medizintechnik among many others.
Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.
Mr. Abhishek Paliwal
30 Wall St. 8th Floor, New York
NY 10005 (P)
+ 91 (788) 802-9103 (India)
+1 (917) 444-1262 (US)
Toll Free: +1-888-961-4454
E-mail: [email protected]
Follow us: https://marketinsightinformation.blogspot.com/