The global airway management devices market is projected to reach USD 2.10 billion by 2023 from an estimated USD 1.60 billion in 2018, at a CAGR of 5.6%. Factors such as rising prevalence of chronic respiratory diseases, increasing demand for emergency care, and high incidence of preterm babies are driving the growth of this market. Whereas, harmful effects of certain devices on neonates and dearth of skilled professionals are expected to restrain market growth during the forecast period.

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The airway management devices market is segmented on the basis of type, end user, patient age, and region. On the basis of type, the market is segmented into supraglottic airway management devices, infraglottic airway management devices, resuscitators, laryngoscopes, and other airway management devices such as stylets, bronchial blocking tubes, lumen tubes, and suction devices. The laryngoscopes segment is expected to register the highest CAGR during the forecast period. The rising demand for video laryngoscopes could be attributed to the growth of the market.
On the basis of end user, the global airway management devices market is segmented into operating rooms, emergency care departments, intensive care units, and other end users such as paramedics, home care, ambulance services, and fire-fighting groups. The operating rooms segment is expected to grow at the highest CAGR. Factors such as rising number of surgical procedures and growing chronic diseases are likely to drive the growth of the segment.
On the basis of patient age, the global airway management devices market is categorized into adult patients and pediatric patients/neonates. The adult patients segment is expected to grow at the highest rate owing to the rising geriatric population and associated diseases.
Geographically, the airway management devices market in the Asia Pacific is expected to grow at the highest CAGR during the forecast period. Growth in the Asia Pacific airway management devices market is attributed to the rising geriatric population, supportive reimbursement policies in Japan, and the implementation of favorable government initiatives in the region.
Emerging markets such as India and China are expected to provide potential growth opportunities to players operating in the airway management devices market. Government initiatives and improving structural policies towards strengthening the country’s healthcare infrastructure are expected to support the growth of the market in emerging countries.