Patients experiencing airway complications due to severe infection of the lungs and throat, cardiac arrest, or accidental injuries need immediate clearance of their airways to prevent complications and death. These are the primary users of airway clearance devices.
The covid-19 pandemic positively impacted the growth of global airway management systems due to increased demand for airway management devices in hospitals and critical care wards during the pandemic.
The global xxx market is estimated to expand at a CAGR of 7.2% through 2023 to 2032.
North America is currently the largest market for airway management systems and the trend is projected to continue positively in the coming years. Technologically advanced equipment, an increasing geriatric population, and better cost margins have enabled the growth of airway management systems in the American market.
The airway management devices market was valued at US$ 1.5 billion in 2021.
GE Healthcare, Medtronic plc, Koninklijke Philips N.V, Olympus Corporation, Smiths Medical, and Karl Storz GmbH & Co. KG. are the major players in the global airway management system market.
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