The global supraglottic airway devices market is expected to witness substantial growth in the coming years due to increasing prevalence of respiratory disorders, rise in demand for emergency medical services, and advancements in technology. The market is comprised of a variety of devices that are designed to provide airway management during surgical procedures, emergency situations, and other medical conditions. These devices are becoming increasingly popular among healthcare professionals due to their ease of use, efficiency, and cost-effectiveness.
Supraglottic airway devices are medical devices that are used to maintain an open airway during surgical procedures or other medical conditions where a patient may need assistance with breathing. These devices are placed in the mouth or nose and rest on the pharynx, bypassing the larynx and providing an unobstructed airway. They are designed to be less invasive and more comfortable for patients than traditional endotracheal intubation, which involves inserting a tube into the trachea.
Executive Summary
The global supraglottic airway devices market is expected to grow at a significant rate due to increasing demand for emergency medical services and technological advancements in airway management devices. The market is highly competitive, with key players focusing on product innovation, mergers and acquisitions, and strategic collaborations. The market is segmented by type, application, end user, and geography. North America is expected to dominate the market, followed by Europe and Asia Pacific.
Important Note:ย The companies listed in the image above are for reference only. The final study will cover 18โ20 key players in this market, and the list can be adjusted based on our clientโs requirements.
Key Market Insights
- The global supraglottic airway devices market is expected to grow at a CAGR of over 6% during the forecast period.
- North America is expected to dominate the market due to high healthcare expenditure and technological advancements in the region.
- The reusable segment is expected to hold a larger share of the market due to its cost-effectiveness and sustainability.
- The emergency medical services segment is expected to witness the highest growth due to increasing demand for pre-hospital care.
- Key players in the market are focusing on product innovation, mergers and acquisitions, and strategic collaborations to expand their market share.
Market Drivers
- Increasing prevalence of respiratory disorders: The rising incidence of respiratory disorders such as chronic obstructive pulmonary disease (COPD), asthma, and sleep apnea is driving the demand for supraglottic airway devices.
- Rise in demand for emergency medical services: The growing need for pre-hospital care and emergency medical services is driving the adoption of supraglottic airway devices in the market.
- Advancements in technology: The development of new and innovative airway management devices is driving the growth of the market.
Market Restraints
- Lack of skilled healthcare professionals: The shortage of skilled healthcare professionals who are trained in airway management is a major restraint for the growth of the market.
- High cost of devices: The high cost of supraglottic airway devices is a major challenge for the market, particularly in emerging economies.
Market Opportunities
- Growing demand in emerging economies: The increasing demand for airway management devices in emerging economies such as China and India presents a significant growth opportunity for the market.
- Increasing focus on home healthcare: The growing trend towards home healthcare is expected to increase the demand for portable and easy-to-use supraglottic airway devices.
Market Dynamics
The global supraglottic airway devices market is highly competitive and is characterized by the presence of a large number of players. Key players in the market are focusing on product innovation, mergers and acquisitions, and strategic collaborations to expand their market share. The market is also influenced by factors such as increasing prevalence of respiratory disorders, rise in demand for emergency medical services, and advancements in technology.
Regional Analysis
North America is expected to dominate the global supraglottic airway devices market due to high healthcare expenditure and technological advancements in the region. The United States is the largest market in North America, accounting for the majority of the revenue share. Europe is the second-largest market, with countries such as Germany, France, and the UK contributing to the growth of the market. The Asia Pacific region is expected to witness the highest growth due to increasing healthcare expenditure and rising demand for emergency medical services in countries such as China, India, and Japan.
Competitive Landscape
Leading Companies in the Supraglottic Airway Devices Market:
- Medtronic plc
- Ambu A/S
- Teleflex Incorporated
- Smiths Medical
- Intersurgical Ltd.
- VBM Medizintechnik GmbH
- Mercury Medical
- SourceMark
- Flexicare Medical Limited
- Well Lead Medical Co., Ltd.
Please note: This is a preliminary list; the final study will feature 18โ20 leading companies in this market. The selection of companies in the final report can be customized based on our client’s specific requirements.
Segmentation
The global supraglottic airway devices market is segmented by type, application, end user, and geography.
By Type:
- Disposable
- Reusable
By Application:
- Anesthesia
- Emergency Medical Services
- Others
By End User:
- Hospitals
- Ambulatory Surgical Centers
- Others
By Geography:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Category-wise Insights
By Type:
The reusable segment is expected to hold a larger share of the market due to its cost-effectiveness and sustainability. However, the disposable segment is expected to witness higher growth due to its convenience and ease of use.
By Application:
The emergency medical services segment is expected to witness the highest growth due to increasing demand for pre-hospital care. The anesthesia segment is expected to hold the largest share of the market due to its wide application in surgical procedures.
By End User:
Hospitals are expected to hold the largest share of the market due to the high patient volume and availability of skilled healthcare professionals. The ambulatory surgical centers segment is expected to witness higher growth due to the increasing trend towards same-day surgeries.
Key Benefits for Industry Participants and Stakeholders
- The report provides a comprehensive analysis of the current trends and future growth prospects of the supraglottic airway devices market.
- It provides detailed information about the key market drivers, restraints, opportunities, and challenges.
- The report provides information about the key players in the market and their strategies for expansion.
- It provides insights into the competitive landscape and helps industry participants and stakeholders to understand the market dynamics.
SWOT Analysis
Strengths:
- Increasing prevalence of respiratory disorders
- Rise in demand for emergency medical services
- Advancements in technology
Weaknesses:
- Lack of skilled healthcare professionals
- High cost of devices
Opportunities:
- Growing demand in emerging economies
- Increasing focus on home healthcare
Threats:
- Stringent regulatory policies
- Intense competition
Market Key Trends
- Growing adoption of disposable devices
- Increasing demand for portable and easy-to-use devices
- Rising trend towards same-day surgeries
- Growing focus on product innovation and development
Covid-19 Impact
The Covid-19 pandemic has had a significant impact on the global supraglottic airway devices market. The pandemic has increased the demand for emergency medical services and airway management devices, leading to a surge in demand for supraglottic airway devices. The market witnessed a significant increase in demand during the pandemic, particularly for disposable devices. The pandemic has also led to disruptions in the global supply chain, resulting in delays in product launches and shortages of medical supplies.
Key Industry Developments
- In May 2020, Vyaire Medical launched the i-gel O2 Resus Pack, a supraglottic airway device that provides oxygenation and ventilation during resuscitation and emergency situations.
- In August 2020, Mercury Medical launched its Flow-Safe II EZ Integrated Nebulizer Mask Kit, a supraglottic airway device that incorporates a nebulizer for delivering medication directly to the lungs.
- In January 2021, Teleflex announced the launch of the LMA Gastro Airway, a supraglottic airway device designed for use in gastrointestinal endoscopy procedures.
- In March 2021, Medtronic announced the launch of the SuperNO2VAโข nasal PAP ventilation system, a supraglottic airway device that provides non-invasive ventilation during sedation procedures.
Analyst Suggestions
- Key players in the market should focus on product innovation and development to gain a competitive edge.
- Industry participants should invest in research and development to improve the efficacy and safety of supraglottic airway devices.
- Companies should focus on expanding their product portfolios through strategic collaborations and acquisitions.
- Industry participants should focus on developing cost-effective and sustainable devices to cater to the growing demand in emerging economies.
Future Outlook
The global supraglottic airway devices market is expected to witness significant growth in the coming years due to increasing demand for emergency medical services, rising prevalence of respiratory disorders, and advancements in technology. The market is expected to witness significant product innovation and development, with key players focusing on expanding their product portfolios through mergers and acquisitions and strategic collaborations. The disposable segment is expected to witness higher growth due to its convenience and ease of use. The Asia Pacific region is expected to witness the highest growth due to increasing healthcare expenditure and rising demand for emergency medical services.
Conclusion
The global supraglottic airway devices market is poised for significant growth in the coming years due to increasing demand for emergency medical services and advancements in technology. The market is highly competitive, with key players focusing on product innovation and development to gain a competitive edge. The market is segmented by type, application, end user, and geography.
The reusable segment is expected to hold a larger share of the market, while the emergency medical services segment is expected to witness the highest growth. The market is expected to witness significant product innovation and development in the coming years, with key players focusing on expanding their product portfolios through mergers and acquisitions and strategic collaborations. The Asia Pacific region is expected to witness the highest growth due to increasing healthcare expenditure and rising demand for emergency medical services.