Market Trends of Laryngeal Airway Mask Industry
This section covers the major market trends shaping the Laryngeal Airway Mask Market according to our research experts:
Disposable Segment is Expected to Hold a Significant Market Share Over the Forecast Period.
The major factors driving the disposable segment growth include offering a comfortable airway to patients while eliminating the risk of disease transmission. Moreover, these masks have a comparatively stable intracuff pressure during nitrous oxide anesthesia. Such factors augment segment growth. Moreover, the rising adoption of these masks is also one factor contributing to the growth.
The rising number of surgical procedures is expected to increase the use of disposable laryngeal airway masks. As per the Organisation for Economic Co-operation and Development (OECD) data in 2021, in the United Kingdom, around 47,813 Laparoscopic Appendectomy procedures, 83,803 Laparoscopic Cholecystectomy procedures, and 210,712 Caesarean Section procedures were being performed.
Furthermore, the market players focus on developing innovative products to provide better patient care. For instance, in January 2021, Teleflex Corporation launched single-use LMA Gastro Airway with Cuff Pilot technology. This laryngeal mask facilitates esophageal access and promotes airway control during endoscopic procedures in adults. Thus, owing to the rising number of surgical procedures and technological advancements, it is expected to drive market growth over the forecast period.
North America Region is Expected to Hold a Major Market Share Over the Forecast Period
In the North American region, the United States is expected to hold a significant market share due to the presence of well-established healthcare infrastructure along with the rising prevalence of chronic disorders. For instance, according to the American Heart Association Research report 2021, heart disease accounts for 1 in 7 deaths in the United States. Coronary Heart Disease is the leading cause (43.8%) of deaths attributable to cardiovascular disease (CVD) in the United States, followed by Stroke (16.8%), Heart Failure (9.0%), High Blood Pressure (9.4%), diseases of the arteries (3.1 %), and other cardiovascular diseases (17.9%). Thus, the high prevalence of cardiovascular diseases is likely to drive the demand for laryngeal masks as many of the patients require heart surgeries for serious heart conditions.
The increasing geriatric population, a large patient population, and a growing number of various surgical procedures as surgical equipment are widely used in gynecology, abdominal surgeries, and cardiothoracic among others. According to the estimates of GLOBOCAN, in 2021, there were an estimated 2,281,658 new cancer cases diagnosed and 612,390 deaths due to cancer in the United States. The most common cancers in the United States are breast, lung, prostate, colorectum, bladder, and skin cancer. Also, according to a September 2021 update by the Centers for Disease Control and Prevention (CDC), heart diseases are the leading cause of death in the United States.
Thus, owing to the above-mentioned factors, the laryngeal airway mask market in the United States is expected to be one of the largest and is also expected to grow in the future.
