Airway Management Devices Market to amass $ 1270 Mn by 2024

September 30, 2019


According to the new research report available at MarketStudyReport.com under the title ‘Global Airway Management Device Market Growth 2019-2024’, the worldwide airway management device market is anticipated to surpass US $1270 million by the year 2024.
 

When a patient’s airway is not in a good condition or is at risk of being obstructed, an artificial airway is implanted to stabilize airway patency. Some of the common devices used in this process include laryngeal mask airway, endotracheal tubes and guedel airway, tracheostomy tubes among others. Advancement in technology and growth in research & development augment the market demand.
 

High sales ho airway management device bought a lot of opportunities. However, the study advice new companies who have money but are without technological advantage coupled with the downstream support do not enter into airway management devices market.
 

According to the report, airway management devices market was worth US $990 million in 2019 and is projected to grow with a CAGR of 4.2% through 2024. The research also presents a comprehensive insight about the segmental share, overview, growth opportunities, drivers, challenges, and trends impacting the industry growth.
 

Speaking of the type, the market is fragmented as laryngeal mask airway, endotracheal tubes and others. While considering the application spectrum, the market is segmented as ICU/emergency room, non-emergency surgery and others.
 

Request sample copy of this Report@ https://www.marketstudyreport.com/request-a-sample/1616354/
 

Based on the regional landscape, the market is divided into four major regions; China, India, Australia, Japan, Southeast Asia, and Korea fall under Asia Pacific;  Europe consists of Germany, UK, France, Italy, Spain, and Russia; Americas comprise of Brazil, the U.S., Mexico, and Canada; and Egypt, Turkey, GCC Countries, South Africa, and Israel come under Middle East & Africa. Moreover, The U.S. dominate the worldwide airway management devices market with 43% revenue and 29% of volume. While Europe is accounted for 25% in terms of volume and 47% of revenue.
 

The prominent companies operating in airway management devices market include Songhang, Telefelx/LMA, Zhejiang Sujia, Medtronic, Armstrong Medical Limited, Ambu, Medis, Intersurgical, IAWA, Carefusion, Medline, Mercury Medical, TUOREN, Wellead, Smith’s Medical and Unomedical.