The global airway management devices market is projected to grow at a CAGR of 5.8% during the forecast period. The key aspects to drive the growth of the global airway management devices industry include the rising prevalence of chronic respiratory diseases, rising demand for emergency care, and an increase in the number of grants by the government bodies for the improvement of emergency care infrastructure. As per the World Health Organization (WHO), about 235 million people have asthma-related diseases across the globe. Further, according to the estimation of the WHO, approximately 15 million preterm infants are born each year (before 37 completed weeks of gestation) that is more than 1 out of 10 babies and this number is increasing per year. In across 184 nations, preterm birth rates range from 5% to 18% of infants born.
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High incidence of preterm birth is one of the key factors creating the demand for the airway management devices for the treatment of pre-term-born infants, thereby driving the growth of the global airway management devices market. However, factors such as the high cost of treatment, adverse and critical effects of certain devices on infants, and the lack of skilled professionals are the key factors that may hamper the growth of the market. The ongoing technological advancement to produce more efficient airway management devices is anticipated to offer considerable opportunities for the growth of the global airway management devices market.
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Global Airway Management Devices Market Segmentation
By Type
· Supraglottic Airway Management Device
· Infraglottic Airway Management Device
· Resuscitators
· Laryngoscopes
· Other Devices
By End-User
· Hospitals and Clinics
· Homecare
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