Press Release

Dec, 22 2023

Growing Prevalence of Chronic Obstructive Pulmonary Disease is Expected to Drive the Growth of Europe Airway Management Devices Market

Chronic obstructive pulmonary disease often leads to respiratory challenges, including difficulty in breathing and compromised lung function. Patients with COPD may require specialized airway management devices to ensure effective ventilation and support during medical procedures. This elevated demand is fueled by the need for tools and technologies tailored to address the unique respiratory needs of individuals with COPD, contributing to the market growth.

Airway management devices become even more important as COPD is a long-term breathing problem that many older people have. These devices play a significant role in helping people with COPD breathe better, fitting into broader healthcare efforts to improve the management of respiratory issues and ensure that patients receive better care. Hence, the growing prevalence of chronic obstructive pulmonary disease is driving the market growth.

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Data Bridge Market Research analyzes that the Europe Airway Management Device Market is expected to reach the value of USD 894,330.01 thousand by 2031 from USD 607,737.49 thousand in 2023, at a CAGR of 5.1% during the forecast period. 

Key Findings of the Study

Europe Airway Management Device Market

Rising Prevalence of Smoking

Smoking is a major risk factor for various respiratory issues, including chronic obstructive pulmonary disease (COPD), lung cancer, and other respiratory conditions. As the number of smokers rises in the European population, there is a corresponding escalation in the demand for airway management devices.

Smoking harms the lungs and can cause problems that require special devices for breathing support during medical procedures. People who smoke are more likely to have breathing issues, and using specific airway management devices becomes crucial in addressing these challenges effectively. The demand for such devices is driven by the need to manage airways efficiently in patients with a history of smoking, addressing the overall impact of smoking on respiratory health. The growing number of smokers adds to the challenges faced by respiratory health systems. This emphasizes the necessity for innovative solutions in airway management to address the specific issues posed by this group. As a result, the rising incidence of smoking significantly influences the demand for airway management devices in the European market. Hence, the rising prevalence of smoking is propelling the market growth

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016 - 2021)

Quantitative Units

Revenue in USD Thousand

Segments Covered

Product Type (Supraglottic Airway Management Devices, Infraglottic Airway Management Devices, Laryngoscopes, Ventilators, Resuscitators, Cricothyrotomy Kits, and Other Airway Management Devices), Patient Type (Adult Patients and Pediatric/Neonatal Patients), Application (Anesthesia, Emergency Medicine, and Others), End User (Hospitals, Speciality Clinics, Ambulatory Care Settings, Clinics, Homecare Settings, Cardiac Centers, and Others), Distribution Channel (Direct Tender, Retail Sales, and Online Sales)

Countries Covered

Germany, France, U.K., Italy, Russia, Spain, Turkey, Belgium, Netherlands, Switzerland, and Rest of Europe

Market Players Covered

Medtronic (U.S.), Teleflex Incorporated (U.S.), ICU Medical, Inc. (U.S.), Ambu A/S (Denmark), Fisher & Paykel Healthcare Limited (New Zealand), Nihon Kohden Corporation (Japan), Convatec Inc. (U.K.), Hollister Incorporated (U.S.), Intersurgical Ltd, (U.K.), VYAIRE (U.S.), KARL STORZ SE & Co. KG (Germany), Bactiguard AB (Sweden), Armstrong Medical Ltd (U.K.), Flexicare (Group) Limited (U.K.), P3 Medical (U.K.), AdvaCare Pharma (U.S.), VBM Medizintechnik GmbH (Germany), Anaesthetics India Private Limited (India) and among others

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Segment Analysis

The Europe airway management device market is segmented into five notable segments based on product type, patient type, application, end user, and distribution channel.

  • On the basis of product type, the market is segmented into supraglottic airway management devices, infraglottic airway management devices, laryngoscopes, ventilators, resuscitators, cricothyrotomy kits, and other airway management devices

In 2024, supraglottic airway management devices is expected to dominate the Europe airway management device market

In 2024, supraglottic airway management devices is expected to dominate the market with 33.10% market share because of its rising demand among population due to its reduced risk of complications.

  • On the basis of patient type, the market is segmented into adult patients and pediatric/neonatal patients

In 2024, the adult patients segment is expected to dominate the Europe airway management device market

In 2024, adult patients segment is expected to dominate the market with 67.08% market share due to its rising prevalence of respiratory disorders among this population group.

  • On the basis of application, the market is segmented into anesthesia, emergency medicine, and others. In 2024, the anesthesia segment is expected to dominate the market with a market share of 49.95%
  • On the basis of end user, the market is segmented into hospitals, speciality clinics, ambulatory care settings, clinics, homecare settings, cardiac centers, and others. In 2024, the hospitals segment is expected to dominate the market with a market share of 32.90%
  • On the basis of distribution channel, the market is segmented into direct tender, retail sales, and online sales. In 2024, the direct tender segment is expected to dominate the market with a market share of 47.89%

Major Players

Data Bridge Market Research analyzes Medtronic (U.S.), Teleflex Incorporated (U.S.), ICU Medical, Inc. (U.S.), Ambu A/S (Denmark), Fisher & Paykel Healthcare Limited (New Zealand), as the major market players in the Europe airway management devices market.

Europe Airway Management Device Market

Market Developments

  • In October 2023, Fisher & Paykel Healthcare Limited. announced that they have introduced the F&P Solo mask in New Zealand and Australia, specifically designed for treating Obstructive Sleep Apnea (OSA)
  • In June 2023, Teleflex Incorporated. announced a partnership with Shenzhen Insighters Medical Technology Co., Ltd. as the exclusive U.S. distributor of the Insighters Video Laryngoscope system, which is designed to inspect the upper glottic airway and facilitate endotracheal intubation. This has helped the company to strengthen its product portfolio in airway management devices market
  • In March 2023, Ambu A/S relaunched unique VivaSight one-lung ventilation solution, strengthening the company’s advanced airway management and pulmonology portfolio
  • In September 2022, Fisher & Paykel Healthcare Corporation Limited shared that it's in the process of buying a 105-hectare property in Karaka, Auckland, for USD 275 million, pending approval from the Overseas Investment Office. This agreement has helped the company to expand their business
  • In May 2022, Today, Fisher & Paykel Healthcare Corporation Limited revealed the launch of two innovative products tailored for anesthesia applications. The company introduced the Optiflow Switch and Optiflow Trace nasal high flow interfaces. Launch of new products supported the company to expand their product line which eventually increased their business  

Regional Analysis

Geographically, the countries covered in the market are Germany, France, U.K., Italy, Russia, Spain, Turkey, Belgium, Netherlands, Switzerland, and Rest of Europe.

As per Data Bridge Market Research analysis:

Germany is expected to dominate and Fastest growing country in  Europe airway management device market

Germany is expected to dominate and fastest growing country in  market due to the higher level of investments by various manufacturers and rising frequency of surgeries across diverse medical specialties.

For more detailed information about the Europe airway management devices market report, click here – https://www.databridgemarketresearch.com/reports/europe-airway-management-device-market


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