Market Trends of Airway Management Tubes Industry
This section covers the major market trends shaping the Airway Management Tubes Market according to our research experts:
Laryngoscope Segment Expected to Register a Significant Growth Over the Forecast Period
The laryngoscopes segment is expected to witness significant growth in the airway management tubes market over the forecast period. The factors attributing to the segment growth are the increasing prevalence and incidence of respiratory diseases, larynx cancer, growing demand for laryngoscopy procedures, and increasing company activities.
The laryngoscope is a device used during intubation to aid in the vision of the trachea. Endotracheal tubes can be inserted into the trachea while being seen directly through a laryngoscope, which is also used to view the vocal cords. The two main types are the curved Macintosh blade and the straight blade (i.e., Miller with a curved tip and Wisconsin or Foregger with a straight tip).
The video laryngoscopes can aid in getting a view of the larynx by allowing indirect visualization of the glottic opening without lining up the pharyngeal, oral, and tracheal axes. They can also facilitate endotracheal intubation in patients with conditions (restricted mouth opening, inability to flex the neck) that can make traditional laryngoscopy challenging or impossible.
Furthermore, the rising company activities in developing technologically advanced products increase their availability in the market, contributing to market growth. For instance, in November 2021, Ambu Inc. awarded a contract in the category of Video Laryngoscopes to Vizient Inc. The contract covers Ambu's King Vision video laryngoscope system, which enables quick and easy intubation with a display providing a consistent, clear, and real-time view of a patient's airway. Also, in June 2021, Penlon Limited launched a new and improved range of laryngoscope blades and handles for use in the MRI suite. The Penlon MRI Green System Laryngoscope Range provides clinicians with the ability to safely intubate patients in a static magnetic field up to 1000 gauss/cm.
Therefore, owing to the rising product launches and company activities, the studied segment is expected to grow over the forecast period.
North America Expected to Have Significant Market Share Over the Forecast Period
North America is anticipated to witness significant growth in the airway management tubes market over the forecast period owing to the factors such as the rising burden of respiratory diseases, increasing surgical procedures, high healthcare expenditures, and increasing product launches.
In addition, the rising geriatric population is more prone to develop chronic diseases such as cardiovascular diseases and others that require airway management. Also, parapharyngeal fat accumulation occurs with aging, which predisposes elderly patients to obstructive sleep apnea as well as an increased risk of desaturation events. This is expected to raise the need for airway management devices and tubes, hence propelling the market growth. For instance, according to the 2022 statistics published by UNPF, about 17%, 19%, and 8% of the population living in the United States, Canada, and Mexico, respectively, was aged 65 years and above in 2022.
Furthermore, the rising burden of respiratory diseases such as COPD, asthma, lung cancer, and others among the population is the key factor driving the market growth. For instance, as per 2022 statistics published by the ACS, about 236,740 people were expected to be diagnosed with lung cancer cases in the United States in 2022. The expected increase in the number of lung cancer cases raises the need for suctioning, which can help to prevent infection in lung cancer patients who are suffering from a respiratory emergency. This is expected to augment the market growth over the forecast period.
Moreover, the increasing product approvals in the region are also contributing to the market growth. For instance, in December 2021, Olympus received FDA approval for its Airway Mobilescopes, the MAF-TM2, MAF-GM2, and MAF-DM2, enabling providers to perform a variety of upper and lower airway management procedures.
Therefore, owing to factors such as the increasing burden of respiratory diseases, the growing geriatric population, and rising product approvals, the studied market is expected to grow over the forecast period in the North American region.
