Market Analysis and Insights: North America Airway Management Device Market
North America airway management device market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a stronger CAGR of 5.6% in the forecast period of 2020 to 2027 and expected to reach USD 1,579.19 million by 2027. Increased medical procedures in North America and product development in airway management is the factors for the market growth.
Airway management device prevents airway obstruction in patients during surgical or medical procedures. This device ensures an open pathway in patients that allows the gas exchange between a patient’s lungs and the atmosphere. Hence these devices are used in fields of anaesthesia, cardiopulmonary resuscitation, emergency medicine, neonatology and many others. Its requirement in medical field is increasing due to high procedures performed in North America hence airway devices manufacturing companies are launching many products in the market. For instance, In January 2017, Teleflex Incorporated launched LMA Gastro Airway with the use of Cuff Pilot Technology. The particular Laryngeal mask is designed to offer esophageal exposure with improved airway protection while performing endoscopic procedures. It consists of an integrated bite block to minimize the chances of endoscopic damage because of biting and even helps to avoid expensive repairs. This launch will strengthen the product portfolio of the company and will maximize the customer base around the world.
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North America Airway Management Device Market Scope and Market Size
North America airway management device market is segmented on the basis of by type, patient age, procedure, end-user and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the North America airway management device market is segmented into supraglottic airway management devices, infraglottic airway management devices, laryngoscopes, bronchoscope/intubation scopes, resuscitators and others. Supraglottic airway management devices are dominating the market because of its higher usage in ventilation of upper airways in patient during anesthesia or other conditions. However, laryngoscopes segment may grow the market due to its improved success rate during medical procedure performance. Many companies are involved in launching laryngoscopes due to its demand as it has ease of operation. For instance, in January, Verathon Inc. launched GlideScope Core, the most detailed and versatile aerial simulation device being designed for virtual multimodal, bronchoscopy and laryngoscopy aerial procedures. With the launch of GlideScope Core, the company has continued to design efficient bronchoscopy and laryngoscopy devices and will improve its role as an airway visualization collaborator for the medical community.
- On the basis of patient age, the North America airway management device market is segmented into adult and pediatric patients/neonates. Adult segment is dominating the market due to higher anesthesia procedures performed among adult patients where oxygenation and ventilation is required and airway management devices plays an important role in providing oxygenation.
- On the basis of procedure, the North America airway management device market is segmented into Intensive care unit or emergency procedure and non-emergency surgical procedures. Intensive care unit or emergency procedure segment is dominating the market because using airway management devices in intensive care unit is important step in order to provide ventilation and oxygenation among patient and it has been observed higher cases of anesthesia and emergency procedure are performed in intensive care unit where these devices are mandate in order to provide basic life functions hence this segment may grow in future. For instance, according to National Hospital Ambulatory Medical Care Survey, in 2016 number of patients visits in emergency department in U.S. was 145.6 million.
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Airway Management Device Market Country Level Analysis
Airway management device market is analysed and market size information is provided by country, by type, patient age, procedure, end user and application.
The countries covered in the airway management market report are U.S., Canada and Mexico.
In North America, U.S. country is dominating the market because U.S. is well developed country and one of the major countries in medical field. Major manufacturing companies are well established in U.S. due to advanced product requirement in the U.S. For instance 2018, In February, SonarMed product named AirWave Monitoring System adopted by two children’s hospitals in the U.S. namely CHOC Children’s Hospital (CHOC) and Lucile Packard Children’s Hospital Stanford. These products adopted for hospitals’ NICU patients. This will help the company to achieve recognition in the market and brand visibility around the U.S.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of regional brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
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