The airway management devices market is projected to reach USD 2.5 billion by 2026 from USD 1.9 billion in 2021, at a CAGR of 5.8% during the forecast period. Increasing prevalence of chronic respiratory diseases and respiratory tract infections have surged the demand for airway rescue among affected patients. As a result, the airway management devices market is witnessing a steady growth globally. Also, increasing admissions across emergency & intensive care units, favorable reimbursement coverage for airway management devices across developed countries, rise in geriatric population, growing investments in healthcare infrastructure, and high incidence of pre-term births are supporting the growth of the market.

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Opportunity: Growing demand for single-use airway management devices
Single-use medical devices stretch over a large application area of the healthcare industry, including airway management. Single-use devices such as endotracheal tubes, tracheostomy tubes, laryngoscope blades, and resuscitators find extensive use across healthcare facilities offering value-based care services and handling critical patients suffering from highly infectious diseases such as H1N1 influenza or severe pneumonia. Additionally, single-use devices offer several benefits over reusable devices—they are pre-sterilized and can be used directly, ensuring patient safety from healthcare-associated infections (HAI). Another key factor is the time saved in cleaning and disinfection. Disposable devices do not require cleaning and decontamination, as these devices are pre-sterilized and disposed of after use. The time saved can be used for other priority responsibilities. Owing to these benefits, the vendors are increasingly focusing on single-use airway management devices.

Key Market Players
The prominent players in this market are Medtronic plc (Ireland), Smiths Medical (UK), Teleflex Inc. (US), Ambu A/S (Denmark), Convatec Group plc (UK), KARL STORZ (Germany), Flexicare (US), Intersurgical Ltd. (UK), SunMed LLC (US), Vyaire Medical (US), VBM Medizintechnik (Germany), Verathon (US), SourceMark (US), Mercury Enterprises (US), TRACOE medical (Germany).

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North America accounted for the largest share of the airway management devices market in 2020
In 2020, North America accounted for the largest share of the airway management devices market, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa. The large share of this market segment can be characterized by the presence of a highly developed healthcare system, the significant number of prominent vendors, the increasing number of healthcare settings, the rising prevalence of chronic respiratory diseases, and favorable reimbursement policies for airway management devices.