Airway Management Device Market has shown an exceptional penetration in countries such as U.K., U.S. and China. Although growing chronic respiratory diseases across the globe still airway management devices have not created any head turning penetration in developing countries. The rapid increase in the growing prevalence of chronic respiratory diseases is a major factor leading to the development of this industry. Some of the factors for the incidence of chronic injuries, such as the rising aging population and the increasing prevalence of illnesses such as overweight. With the increasing prevalence of chronic respiratory diseases, usage of airway management devices is also increasing for treatment of patients suffering from respiratory diseases to provide adequate level of oxygen and to give anesthetic drug while performing surgery.
According to Data Bridge Market Research the market for airway management device the market in North America region has the highest market share followed by Europe and Asia Pacific. The market leader Medtronic accounts an estimated market share of approximately 25.00 to 32.00% of market share in the globally. The minimally invasive therapies group segment has generated USD 8,478 million in which respiratory, gastrointestinal & renal has accounted 31.3% of the revenue. The company has gained major revenue from North America, especially from U.S. for instance around 53.0% of the revenue from U.S. The company has strong presence around the world, about approximately 150 countries.
Trends Impacting the Market
Now the question is which other regions Medtronic, Olympus Corporation, BD are targeting? Data Bridge Market Research has forecasted a large growth in Asia-Pacific and the market leaders targeting Japan and China to be their next revenue pockets for 2020.
The airway management device market is becoming more competitive every year with companies like Olympus Corporation and BD are the market leaders for airway management devices. The Data bridge market research new reports highlight the major growth factors and opportunities in the airway management device market.
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SunMed acquired products namely MaxCap Reg and FloCap from Maxtec. MaxCap and FloCap are recognized for their long shelf life and bright color shifts from violet to yellow in the presence of CO2, suggesting careful positioning of the tube while intubation. The introduction of these products would strengthen the SunMed respiratory portfolio.
Global airway management device market is segmented on the basis of countries into U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa.
All country based analysis of the airway management device market is further analysed based on maximum granularity into further segmentation. On the basis of type, the market is segmented into supraglottic airway management devices, laryngoscopes, infraglottic airway management devices, resuscitators, bronchoscope/intubation scopes, and others. On the basis of patient age, the market is segmented into adult and pediatric patients/neonates. On the basis of procedure, the market is segmented into intensive care unit or emergency procedure and non-emergency surgical procedures. On the basis of application, the market is segmented into anesthesia, emergency medicine and others. On the end user, the market is segmented into hospitals, homecare, ambulatory surgical center (ASCs) and others.
Airway-related issues are very normal in any surgical procedure of bariatric, chest, cervical spine, orthopedic, spinal, obstetric and other surgery. The increasing cases of respiratory disorders have shown a significant growth in the global market for airway control devices due to which companies are involved in different strategic decisions such as merger and acquisition, partnership, product launch and others.
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Key Pointers Covered In the Airway Management Device Market Industry Trends and Forecast to 2027
Key Market Competitors Covered in the report
Above are the key players covered in the report to know about more and exhaustive list of Airway management device companies contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-airway-management-device-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Airway Management Device Market – Industry Trends and Forecast to 2027
Asia-Pacific Airway Management Device Market – Industry Trends and Forecast to 2027
Europe Airway Management Device Market – Industry Trends and Forecast to 2027
Middle East and Africa Airway Management Device Market – Industry Trends and Forecast to 2027
North America Airway Management Device Market – Industry Trends and Forecast to 2027