North America Airway Management Devices Market Forecast to 2028

North America Airway Management Devices Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product [Infraglottic Devices (Endotracheal Tubes, Tracheostomy Tubes, and Others), Supraglottic Devices, Laryngoscopes, Resuscitators, and Others] and End User (Hospitals, Ambulatory Surgical Care Centers, and Others)

Report Code : BMIRE00027703 | Region : North America | Industry : Medical Device | Published Date : 21/Dec/2022

The airway management devices market in North America is expected to grow from US$ 1,007.68 million in 2022 to US$ 1,496.37 million by 2028. It is estimated to grow at a CAGR of 6.8% from 2022 to 2028.

New Product Launches and Approvals

The increasing prevalence of various chronic disorders, such as asthma, COPD, cystic fibrosis, and emphysema, among a large population has fueled new product developments, product launches, and approvals on a global level. Additionally, major market players are involved in research and development activities to ensure the innovation and development of efficient products.

Some of the recent product launches and developments are as follows:

In July 2022, Verathon announced the release of the BFlex 2.8 Single-use Bronchoscope. BFlex single-use bronchoscopes are designed specifically for the critical needs of the ICU, OR, and ED. The BFlex 2.8 is Verathon's first single-use pediatric bronchoscope and delivers the drivability and image quality needed for pediatric bronchoscopies, airway management, and lung isolation procedures.

In May 2021, Olympus Corporation received FDA 510(k) clearance for its Airway Mobilescopes—MAF-TM2, MAF-GM2, and MAF-DM2—enabling providers to perform a variety of upper and lower airway management procedures.

In May 2021, Medtronic launched the SonarMed airway monitoring system to continuously check any endotracheal tube (ETT) obstruction and position for neonates and infants. It is the first and only device of its kind. The SonarMed airway monitoring system utilizes acoustic technology to check for ETT obstruction and verify position in real-time, giving clinicians vital information required to make more informed, life-saving decisions for their patients.

Thus, an increase in product development, launches, and approvals is likely to drive the airway management devices market in the near future.

Market Overview

The North America Airway management devices market is segmented into the US, Canada, and Mexico. The market growth in this region can be attributed to the increasing geriatric population and the rising prevalence of chronic respiratory diseases. The US is dominating the airway management market in North America. The continuously rising incidence of respiratory disorders is believed to fuel this market's future growth. Currently, asthma and chronic obstructive pulmonary disease (COPD) are major health burdens in the US. Asthma is a chronic inflammatory disorder due to airway narrowing and obstruction. COPD is due to obstruction of airflow from the lungs, which causes chronic inflammatory lung disease. Smoking is the main cause of COPD in the US. The increasing smoking in the US is driving the airway management devices market. According to the Centers for Disease Control and Prevention (CDC), in 2020, ~5.0% of adults were diagnosed with COPD, emphysema, or chronic bronchitis in the United States. Approximately 25 million people are affected with asthma, and 14.8 million have COPD. Further, COPD was the fourth leading cause of death in the United States in 2018. Furthermore, about 1 in every 10 infants born in 2020 were preterm births. Thus, the growing prevalence of chronic respiratory disorders and preterm births in the United States is driving the airway management devices market.

North America Airway Management Devices Market Revenue and Forecast to 2028 (US$ Million)

North America Airway Management Devices Market Segmentation

The North America airway management devices market is segmented into product, end user, and country.

Based on product, the market is segmented into infraglottic devices, supraglottic devices, laryngoscopes, resuscitators, and others. The infraglottic devices segment registered the largest market share in 2022.

Based on end user, the market is categorized into hospitals, ambulatory surgical care centers, and others. The hospitals segment held the largest market share in 2022.

Based on country, the market is segmented into the US, Canada, and Mexico. The US dominated the market in 2022.

Teleflex Incorporated; Smiths Medical; Medtronic; Intersurgical Ltd; Ambu A/S; Medline Industries, Inc.; Koninklijke Philips N.V.; ARMSTRONG MEDICAL; Mercury Medical; and Cook Medical LLC are among the leading companies operating in the airway management devices market in the region.

At 6.8% CAGR, the North America Airway Management Devices Market is speculated to be worth US$ 1,496.37 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the North America airway management devices market was valued at US$ 1,007.68 million in 2022 and is expected to reach US$ 1,496.37 million by 2028, registering a CAGR of 6.8% from 2022 to 2028. Rising prevalence of respiratory disorders and new product launches and approvals are the critical factors attributed to the market expansion.

Chronic respiratory diseases are among the most prevalent noncommunicable diseases worldwide due to the increase in the noxious environment and occupational and behavioral inhalation. This spectrum of diseases includes chronic obstructive pulmonary disease (COPD), asthma, interstitial lung disease, pulmonary sarcoidosis, and pneumoconiosis (such as silicosis and asbestosis). According to the World Health Organization (WHO), COPD is the third leading cause of death. As per the Office of Disease Prevention and Health Promotion, ~14.8 million adults in the US were diagnosed with COPD in 2020. As per the WHO report, in 2019, asthma resulted in 439,000 hospitalizations and an estimated 1.3 million visits every year in the US. The rising prevalence of respiratory disorders is driving the demand for airway management devices. Additionally, there is a constant surge in the number of hospitals, ambulatory surgical centers, intensive care units, and clinics, creating demand for airway management devices. For instance, according to the American Hospital Association report, there were a total of 6,093 hospitals in the US, including community hospitals, non-federal psychiatric hospitals, and federal government hospitals. Furthermore, various organizations and government bodies are collaborating to increase awareness among a large population and manage chronic disorders. Government authorities and healthcare institutions are implementing various programs to increase asthma awareness to prevent morbidity from the disease. The National Asthma Control Program (NACP), launched by the Centers for Disease Control and Prevention (CDC), is working continually to increase awareness regarding asthma. The program is dedicated to conducting asthma surveillance and research to deal with the disease. Additionally, Airway Collaborative is an education program designed to provide medical professionals with knowledge about incorporating airway treatment into practice and healing airway dysfunctions. Thus, the factors mentioned above are driving the airway management devices market.

On the contrary, rise in product recalls and lack of reimbursement policies hurdles the growth of North America airway management devices market.

Based on product, the North America airway management devices market is segmented into infraglottic devices, supraglottic devices, laryngoscopes, resuscitators, and others. The infraglottic devices segment held 37.4% market share in 2022, amassing US$ 376.92 million. It is projected to garner US$ 556.86 million by 2028 to expand at 6.7% CAGR during 2022–2028.

Based on end user, the North America airway management devices market is categorized into hospitals, ambulatory surgical care centers, and others. The hospitals segment held 75.2% market share in 2022, amassing US$ 757.63 million. It is projected to garner US$ 1,122.81 million by 2028 to expand at 6.8% CAGR during 2022–2028.

Based on country, the North America airway management devices market has been segmented into the US, Canada, and Mexico. Our regional analysis states that the US captured 90.5% market share in 2022. It was assessed at US$ 911.85 million in 2022 and is likely to hit US$ 1,353.47 million by 2028, exhibiting a CAGR of 6.8% during the forecast period.

Key players dominating the North America airway management devices market are Teleflex Incorporated; Smiths Medical; Medtronic; Intersurgical Ltd; Ambu A/S; Medline Industries, Inc.; Koninklijke Philips N.V.; ARMSTRONG MEDICAL; Mercury Medical; and Cook Medical LLC, among others.

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 North America Airway management devices Market – By Product

1.3.2 North America Airway management devices Market – By End User

1.3.3 North America Airway management devices Market – By Country

2. North America Airway management devices Market – Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. North America Airway management devices Market Landscape

4.1 Overview

4.2 PEST Analysis

4.3 Expert Opinion

5. North America Airway management devices Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Rising Prevalence of Respiratory Disorders

5.1.2 New Product Launches and Approvals

5.2 Market Restraints

5.2.1 Boosting Product Recalls and Lack of Reimbursement Policies

5.3 Market Opportunities

5.3.1 Elevating Demand for Single-Use Airway Management Devices

5.4 Future Trends

5.4.1 Surge In Research and Development Activities and Collaborations Among Market Players

5.5 Impact Analysis

6. North America Airway Management Devices Market Analysis

6.1 North America Airway Management Devices Market Revenue Forecast and Analysis

7. North America Airway Management Devices Market Analysis – By Product

7.1 Overview

7.2 North America Airway Management Devices Market, by Product, 2021 & 2028 (%)

7.3 Infraglottic Devices

7.3.1 Overview

7.3.2 Infraglottic Devices Market Revenue and Forecast to 2028 (US$ Million)

7.3.3 Endotracheal Tubes

7.3.3.1 Overview

7.3.3.2 Endotracheal Tubes Market Revenue and Forecast to 2028 (US$ Million)

7.3.4 Tracheostomy Tubes

7.3.4.1 Overview

7.3.4.2 Tracheostomy Tubes Market Revenue and Forecast to 2028 (US$ Million)

7.3.5 Others

7.3.5.1 Overview

7.3.5.2 Others Market Revenue and Forecast to 2028 (US$ Million)

7.4 Supraglottic Devices

7.4.1 Overview

7.4.2 Supraglottic Devices Market Revenue and Forecast to 2028 (US$ Million)

7.5 Laryngoscopes

7.5.1 Overview

7.5.2 Laryngoscopes Market Revenue and Forecast to 2028 (US$ Million)

7.6 Resuscitators

7.6.1 Overview

7.6.2 Resuscitators Market Revenue and Forecast to 2028 (US$ Million)

7.7 Others

7.7.1 Overview

7.7.2 Others Market Revenue and Forecast to 2028 (US$ Million)

8. North America Airway Management Devices Market Analysis – By End User

8.1 Overview

8.2 North America Airway Management Devices Market, by End User, 2021 & 2028 (%)

8.3 Hospitals

8.3.1 Overview

8.3.2 Hospitals Market Revenue and Forecast to 2028 (US$ Million)

9. North America Airway Management Devices Market – by Country Analysis

9.1 Overview

9.1.1 North America: Airway management devices Market, by Country, 2021 & 2028 (%)

9.1.1.1 United States: Airway management devices Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.1.1 Overview

9.1.1.1.2 United States: Airway management devices Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.1.3 United States: Airway management devices Market, by Product, 2019–2028 (US$ Million)

9.1.1.1.3.1 United States: Airway management devices Market, by Infraglottic Devices, 2019–2028 (US$ Million)

9.1.1.1.4 United States: Airway management devices Market, by End user, 2019–2028 (US$ Million)

9.1.1.2 Canada: Airway management devices Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.2.1 Overview

9.1.1.2.2 Canada: Airway Management Devices Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.2.3 Canada: Airway management devices Market, by Product, 2019–2028 (US$ Million)

9.1.1.2.3.1 Canada: Airway management devices Market, by Infraglottic Devices, 2019–2028 (US$ Million)

9.1.1.2.4 Canada: Airway management devices Market, by End user, 2019–2028 (US$ Million)

9.1.1.3 Mexico: Airway management devices Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.3.1 Overview

9.1.1.3.2 Mexico: Airway management devices Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.3.3 Mexico: Airway management devices Market, by Product, 2019–2028 (US$ Million)

9.1.1.3.3.1 Mexico: Airway management devices Market, by Infraglottic Devices, 2019–2028 (US$ Million)

9.1.1.3.4 Mexico: Airway management devices Market, by End user, 2019–2028 (US$ Million)

10. North America Airway Management Devices Market–Industry Landscape

10.1 Overview

10.2 Inorganic Growth Strategies

10.2.1 Overview

10.3 Organic Growth Strategies

10.3.1 Overview

11. Company Profiles

11.1 Teleflex Incorporated

11.1.1 Key Facts

11.1.2 Business Description

11.1.3 Products and Services

11.1.4 Financial Overview

11.1.5 SWOT Analysis

11.1.6 Key Developments

11.2 Smiths Medical

11.2.1 Key Facts

11.2.2 Business Description

11.2.3 Products and Services

11.2.4 Financial Overview

11.2.5 SWOT Analysis

11.2.6 Key Developments

11.3 Medtronic

11.3.1 Key Facts

11.3.2 Business Description

11.3.3 Products and Services

11.3.4 Financial Overview

11.3.5 SWOT Analysis

11.3.6 Key Developments

11.4 Intersurgical Ltd

11.4.1 Key Facts

11.4.2 Business Description

11.4.3 Products and Services

11.4.4 Financial Overview

11.4.5 SWOT Analysis

11.4.6 Key Developments

11.5 Ambu A/S

11.5.1 Key Facts

11.5.2 Business Description

11.5.3 Products and Services

11.5.4 Financial Overview

11.5.5 SWOT Analysis

11.5.6 Key Developments

11.6 Medline Industries, Inc.

11.6.1 Key Facts

11.6.2 Business Description

11.6.3 Products and Services

11.6.4 Financial Overview

11.6.5 SWOT Analysis

11.6.6 Key Developments

11.7 Koninklijke Philips N.V.

11.7.1 Key Facts

11.7.2 Business Description

11.7.3 Products and Services

11.7.4 Financial Overview

11.7.5 SWOT Analysis

11.7.6 Key Developments

11.8 ARMSTRONG MEDICAL

11.8.1 Key Facts

11.8.2 Business Description

11.8.3 Products and Services

11.8.4 Financial Overview

11.8.5 SWOT Analysis

11.8.6 Key Developments

11.9 Mercury Medical

11.9.1 Key Facts

11.9.2 Business Description

11.9.3 Products and Services

11.9.4 Financial Overview

11.9.5 SWOT Analysis

11.9.6 Key Developments

11.10 Cook Medical LLC

11.10.1 Key Facts

11.10.2 Business Description

11.10.3 Products and Services

11.10.4 Financial Overview

11.10.5 SWOT Analysis

11.10.6 Key Developments

12. Appendix

12.1 About The Insight Partners

12.2 Glossary of Terms, North America Airway Management Devices Market

LIST OF TABLES.

Table 1. United States Airway management devices Market, by Product – Revenue and Forecast to 2028 (US$ Million)

Table 2. United States Airway management devices Market, by Infraglottic Devices – Revenue and Forecast to 2028 (US$ Million)

Table 3. United States Airway management devices Market, by End user – Revenue and Forecast to 2028 (US$ Million)

Table 4. Canada Airway management devices Market, by Product – Revenue and Forecast to 2028 (US$ Million)

Table 5. Canada Airway management devices Market, by Infraglottic Devices – Revenue and Forecast to 2028 (US$ Million)

Table 6. Canada Airway management devices Market, by End user – Revenue and Forecast to 2028 (US$ Million)

Table 7. Mexico Airway management devices Market, by Product – Revenue and Forecast to 2028 (US$ Million)

Table 8. Mexico Airway management devices Market, by Infraglottic Devices – Revenue and Forecast to 2028 (US$ Million)

Table 9. Mexico Airway management devices Market, by End user – Revenue and Forecast to 2028 (US$ Million)

Table 10. Recent Inorganic Growth Strategies in the Airway Management Devices Market

Table 11. Recent Organic Growth Strategies in the Airway Management Devices Market

Table 12. Glossary of Terms, North America Airway Management Devices Market

LIST OF FIGURES.

Figure 1. North America Airway management devices Market Segmentation

Figure 2. North America Airway management devices Market Segmentation, By Country

Figure 3. North America Airway management devices Market Overview

Figure 4. Infraglottic Device Held Largest Share of Product Segment in Airway Management Devices Market

Figure 5. The US Is Expected to Show Remarkable Growth During the Forecast Period

Figure 6. North America Airway management devices Market, Industry Landscape

Figure 7. North America: PEST Analysis

Figure 8. Experts’ Opinion

Figure 9. North America Airway management devices Market– Revenue Forecast and Analysis – 2020- 2028

Figure 10. North America Airway Management Devices Market, by Product, 2021 & 2028 (%)

Figure 11. Infraglottic Devices Market Revenue and Forecast to 2028 (US$ Million)

Figure 12. Endotracheal Tubes Market Revenue and Forecast to 2028 (US$ Million)

Figure 13. Tracheostomy Tubes Market Revenue and Forecast to 2028 (US$ Million)

Figure 14. Others Market Revenue and Forecast to 2028 (US$ Million)

Figure 15. Supraglottic Devices Market Revenue and Forecast to 2028 (US$ Million)

Figure 16. Laryngoscopes Market Revenue and Forecast to 2028 (US$ Million)

Figure 17. Resuscitators Market Revenue and Forecast to 2028 (US$ Million)

Figure 18. Others Market Revenue and Forecast to 2028 (US$ Million)

Figure 19. North America Airway Management Devices Market, by End User, 2021 & 2028 (%)

Figure 20. Hospitals Market Revenue and Forecast to 2028 (US$ Million)

Figure 21. North America: Airway Management Devices Market Revenue Overview, By Key Country – Revenue (2021) (US$ Million)

Figure 22. United States: Airway Management Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23. Canada: Airway management devices Market– Revenue and Forecast to 2028 (US$ Million)

Figure 24. Mexico: Airway management devices Market – Revenue and Forecast to 2028 (US$ Million)

● Teleflex Incorporated

● Smiths Medical

● Medtronic

● Intersurgical Ltd

● Ambu A/S

● Medline Industries, Inc.

● Koninklijke Philips N.V.

● ARMSTRONG MEDICAL

● Mercury Medical

● Cook Medical LLC

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America airway management devices market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the North America airway management devices market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth North America market trends and outlook coupled with the factors driving the airway management devices market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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