The airway management devices market in Asia Pacific is expected to grow from US$ 391.18 million in 2022 to US$ 597.49 million by 2028. It is estimated to grow at a CAGR of 7.3% from 2022 to 2028.
A few strategic initiatives taken by the market players are as follows:
Rising Research and Development Activities and Collaborations Among Market Players
Medical device research and development are considered highly capital-intensive and fraught with enormous risks. R&D is an essential step, after which the best ideas are converted into the best products. A thriving R&D ecosystem can become the perfect nurturing ground for developing competitive and top-of-the-line products, from conceiving an ideal product design to new product development, prototyping, validation, and testing. To produce innovative products, MedTech companies are investing a huge part of revenue in R&D. With a continued focus on developing and commercializing new, innovative products and solutions, the company aims to improve patient outcomes, help physicians and providers better manage chronic disease, and lower healthcare costs. Furthermore, there have been several strategic collaborations among market players to share resources such as research, manufacturing, design, and technology for developing new and innovative products. The market players are mostly involved in joint ventures, partnerships, and mergers & acquisitions, which is likely to promote market growth.A few strategic initiatives taken by the market players are as follows:
- In May 2021, Teleflex entered into a definitive agreement to sell certain product lines within the global respiratory product portfolio to Medline Industries Inc.
- In May 2021, Medline signed a definitive agreement to acquire select assets under the Hudson RCI brand of Teleflex'ss Respiratory business.
Market Overview
The Asia Pacific airway management devices market is segmented into China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific. Asia Pacific is expected to be the fastest-growing region, with China accounting for the major market share; however, India is expected to develop at a significant CAGR during the forecast period. The market growth in the region is attributed to the increasing prevalence of respiratory disorders such as COPD, asthma, cystic fibrosis, and emphysema and the surging geriatric population, which is susceptible to such conditions. Moreover, the COVID-19 pandemic further created the demand for airway management devices for the management of COVID-19 patients on a large scale. Additionally, the increase in COVID-19 cases led to the increased demand and production of single-use airway management devices to prevent the further spread of infection. All these factors are boosting the growth of the airway management devices market in the region.Asia Pacific Airway Management Devices Market Segmentation
The Asia Pacific airway management devices market is segmented into product and end user.- Based on product, the market is segmented into infraglottic devices, supraglottic devices, laryngoscopes, resuscitators, and others. The infraglottic devices segment registered the largest market share in 2022.
- Based on end user, the market is categorized into hospitals, ambulatory surgical care centers, and others. The hospitals segment held the largest market share in 2022.
- Based on country, the market is segmented into Australia, China, India, Japan, South Korea, and the Rest of APAC. China dominated the market in 2022.
Table of Contents
1. Introduction1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Asia Pacific Airway management devices Market - By Product
1.3.2 Asia Pacific Airway management devices Market - By End User
1.3.3 Asia Pacific Airway management devices Market - By Country
2. Asia Pacific Airway management devices Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Airway management devices Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Expert Opinion
5. Asia Pacific Airway management devices Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Widening Prevalence of Respiratory Disorders
5.1.2 New Product Launches and Approvals
5.2 Market Restraints
5.2.1 Higher Product Recalls and Lack of Reimbursement Policies in Developing Economies
5.3 Market Opportunities
5.3.1 Extending Demand for Single-Use Airway Management Devices
5.4 Future Trends
5.4.1 Rising Research and Development Activities and Collaborations Among Market Players
5.5 Impact Analysis
6. Asia Pacific Airway Management Devices Market Analysis
6.1 Asia Pacific Airway Management Devices Market Revenue Forecast and Analysis
7. Asia Pacific Airway Management Devices Market Analysis - By Product
7.1 Overview
7.2 Asia Pacific Airway Management Devices Market, by Product, 2021 & 2028 (%)
7.3 Infraglottic Devices
7.3.1 Overview
7.3.2 Infraglottic Devices Market Revenue and Forecast to 2028 (US$ Million)
7.3.3 Endotracheal Tubes
7.3.3.1 Overview
7.3.3.2 Endotracheal Tubes Market Revenue and Forecast to 2028 (US$ Million)
7.3.4 Tracheostomy Tubes
7.3.4.1 Overview
7.3.4.2 Tracheostomy Tubes Market Revenue and Forecast to 2028 (US$ Million)
7.3.5 Others
7.3.5.1 Overview
7.3.5.2 Others Market Revenue and Forecast to 2028 (US$ Million)
7.4 Supraglottic Devices
7.4.1 Overview
7.4.2 Supraglottic Devices Market Revenue and Forecast to 2028 (US$ Million)
7.5 Laryngoscopes
7.5.1 Overview
7.5.2 Laryngoscopes Market Revenue and Forecast to 2028 (US$ Million)
7.6 Resuscitators
7.6.1 Overview
7.6.2 Resuscitators Market Revenue and Forecast to 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others Market Revenue and Forecast to 2028 (US$ Million)
8. Asia Pacific Airway Management Devices Market Analysis - By End User
8.1 Overview
8.2 Asia Pacific Airway Management Devices Market, by End User, 2021 & 2028 (%)
8.3 Hospitals
8.3.1 Overview
8.3.2 Hospitals Market Revenue and Forecast to 2028 (US$ Million)
8.4 Ambulatory Surgical Care Centers
8.4.1 Overview
8.4.2 Ambulatory Surgical Care Centers Market Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others Market Revenue and Forecast to 2028 (US$ Million)
9. Asia Pacific Airway Management Devices Market - by Country Analysis
9.1 Market Overview
9.1.1 Asia Pacific Airway Management Devices Market Revenue and Forecasts to 2028, By Country (%)
9.1.1.1 China: Airway Management Devices Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Overview
9.1.1.1.2 China: Airway Management Devices Market Revenue and Forecasts to 2028 (US$ Million)
9.1.1.1.3 China: Airway Management Devices Market Revenue and Forecasts to 2028, By Product (US$ Million)
9.1.1.1.3.1 China: Airway Management Devices Market, by Infraglottic Devices, 2019-2028 (US$ Million)
9.1.1.1.4 China: Airway Management Devices Market, By End User - Revenue and Forecast to 2028 (US$ Million)
9.1.1.2 Japan: Airway Management Devices Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Overview
9.1.1.2.2 Japan: Airway Management Devices Market Revenue and Forecasts to 2028 (US$ Million)
9.1.1.2.3 Japan: Airway Management Devices Market Revenue and Forecasts to 2028, By Product (US$ Million)
9.1.1.2.3.1 Japan: Airway Management Devices Market, by Infraglottic Devices, 2019-2028 (US$ Million)
9.1.1.2.4 Japan: Airway Management Devices Market, By End User - Revenue and Forecast to 2028 (US$ Million)
9.1.1.3 India: Airway Management Devices Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Overview
9.1.1.3.2 India: Airway Management Devices Market Revenue and Forecasts to 2028 (US$ Million)
9.1.1.3.3 India: Airway Management Devices Market Revenue and Forecasts to 2028, By Product (US$ Million)
9.1.1.3.3.1 India: Airway Management Devices Market, by Infraglottic Devices, 2019-2028 (US$ Million)
9.1.1.3.4 India: Airway Management Devices Market, By End User - Revenue and Forecast to 2028 (US$ Million)
9.1.1.4 Australia: Airway Management Devices Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 Overview
9.1.1.4.2 Australia: Airway Management Devices Market Revenue and Forecasts to 2028 (US$ Million)
9.1.1.4.3 Australia: Airway Management Devices Market Revenue and Forecasts to 2028, By Product (US$ Million)
9.1.1.4.3.1 Australia: Airway Management Devices Market, by Infraglottic Devices, 2019-2028 (US$ Million)
9.1.1.4.4 Australia: Airway Management Devices Market, By End User - Revenue and Forecast to 2028 (US$ Million)
9.1.1.5 South Korea: Airway Management Devices Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 Overview
9.1.1.5.2 South Korea: Airway Management Devices Market Revenue and Forecasts to 2028 (US$ Million)
9.1.1.5.3 South Korea: Airway Management Devices Market Revenue and Forecasts to 2028, By Product (US$ Million)
9.1.1.5.3.1 South Korea: Airway Management Devices Market, by Infraglottic Devices, 2019-2028 (US$ Million)
9.1.1.5.4 South Korea: Airway Management Devices Market, By End User - Revenue and Forecast to 2028 (US$ Million)
9.1.1.6 Rest of Asia Pacific: Airway Management Devices Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Overview
9.1.1.6.2 Rest of Asia Pacific: Airway Management Devices Market Revenue and Forecasts to 2028 (US$ Million)
9.1.1.6.3 Rest of Asia Pacific: Airway Management Devices Market Revenue and Forecasts to 2028, By Product (US$ Million)
9.1.1.6.3.1 Rest of Asia Pacific: Airway Management Devices Market, by Infraglottic Devices, 2019-2028 (US$ Million)
9.1.1.6.4 Rest Of Asia Pacific: Airway Management Devices Market, By End User - Revenue and Forecast to 2028 (US$ Million)
10. Asia Pacific Airway Management Devices Market-Industry Landscape
10.1 Overview
10.2 Inorganic Growth Strategies
10.2.1 Overview
10.3 Organic Growth Strategies
10.3.1 Overview
11. Company Profiles
11.1 Teleflex Incorporated
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Smiths Medical
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Medtronic
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Intersurgical Ltd
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Ambu A/S
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Medline Industries, Inc.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Koninklijke Philips N.V.
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 ARMSTRONG MEDICAL
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Cook Medical LLC
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. Appendix
12.1 About the Publisher
12.2 Glossary of Terms, Asia Pacific Airway Management Devices Market
List of Tables
Table 1. China: Airway Management Devices Market Revenue and Forecasts to 2028, By Product (US$ Million)
Table 2. China: Airway Management Devices Market, by Infraglottic Devices - Revenue and Forecast to 2028 (US$ Million)
Table 3. China: Airway Management Devices Market, By End User - Revenue and Forecast to 2028 (US$ Million)
Table 4. Japan: Airway Management Devices Market Revenue and Forecasts to 2028, By Product (US$ Million)
Table 5. Japan: Airway Management Devices Market, by Infraglottic Devices - Revenue and Forecast to 2028 (US$ Million)
Table 6. Japan: Airway Management Devices Market, By End User - Revenue and Forecast to 2028 (US$ Million)
Table 7. India: Airway Management Devices Market Revenue and Forecasts to 2028, By Product (US$ Million)
Table 8. India: Airway Management Devices Market, by Infraglottic Devices - Revenue and Forecast to 2028 (US$ Million)
Table 9. India: Airway Management Devices Market, By End User - Revenue and Forecast to 2028 (US$ Million)
Table 10. Australia: Airway Management Devices Market Revenue and Forecasts to 2028, By Product (US$ Million)
Table 11. Australia: Airway Management Devices Market, by Infraglottic Devices - Revenue and Forecast to 2028 (US$ Million)
Table 12. Australia: Airway Management Devices Market, By End User - Revenue and Forecast to 2028 (US$ Million)
Table 13. South Korea: Airway Management Devices Market Revenue and Forecasts to 2028, By Product (US$ Million)
Table 14. South Korea: Airway Management Devices Market, by Infraglottic Devices - Revenue and Forecast to 2028 (US$ Million)
Table 15. South Korea: Airway Management Devices Market, By End User - Revenue and Forecast to 2028 (US$ Million)
Table 16. Rest of Asia Pacific: Airway Management Devices Market Revenue and Forecasts to 2028, By Product (US$ Million)
Table 17. Rest of Asia Pacific: Airway Management Devices Market, by Infraglottic Devices - Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest Of Asia Pacific: Airway Management Devices Market, By End User - Revenue and Forecast to 2028 (US$ Million)
Table 19. Recent Inorganic Growth Strategies in the Airway Management Devices Market
Table 20. Recent Organic Growth Strategies in the Airway Management Devices Market
Table 21. Glossary of Terms, Asia Pacific Airway Management Devices Market
List of Figures
Figure 1. Asia Pacific Airway management devices Market Segmentation
Figure 2. Asia Pacific Airway management devices Market Segmentation, By Country
Figure 3. Asia Pacific Airway management devices Market Overview
Figure 4. Infraglottic Device Held Largest Share of Product Segment in Airway Management Devices Market
Figure 5. China Is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. Asia Pacific Airway management devices Market, Industry Landscape
Figure 7. Asia Pacific: PEST Analysis
Figure 8. Experts’ Opinion
Figure 9. Asia Pacific Airway management devices Market- Revenue Forecast and Analysis - 2020- 2028
Figure 10. Asia Pacific Airway Management Devices Market, by Product, 2021 & 2028 (%)
Figure 11. Infraglottic Devices Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. Endotracheal Tubes Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Tracheostomy Tubes Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Others Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Supraglottic Devices Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Laryngoscopes Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Resuscitators Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Others Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Asia Pacific Airway Management Devices Market, by End User, 2021 & 2028 (%)
Figure 20. Hospitals Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Ambulatory Surgical Care Centers Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Others Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Asia Pacific Airway Management Devices Market Revenue Overview, by Country, 2021 (US$ Million)
Figure 24. Asia Pacific Airway Management Devices Market Revenue and Forecasts to 2028, By Country (%)
Figure 25. China: Airway Management Devices Market Revenue and Forecasts to 2028 (US$ Million)
Figure 26. Japan: Airway Management Devices Market Revenue and Forecasts to 2028 (US$ Million)
Figure 27. India: Airway Management Devices Market Revenue and Forecasts to 2028 (US$ Million)
Figure 28. Australia: Airway Management Devices Market Revenue and Forecasts to 2028 (US$ Million)
Figure 29. South Korea: Airway Management Devices Market Revenue and Forecasts to 2028 (US$ Million)
Figure 30. Rest of Asia Pacific: Airway Management Devices Market Revenue and Forecasts to 2028 (US$ Million)
Companies Mentioned
- Teleflex Incorporated
- Smiths Medical
- Medtronic
- Intersurgical Ltd
- Ambu A/S
- Medline Industries, Inc.
- Koninklijke Philips N.V.
- ARMSTRONG MEDICAL
- Cook Medical LLC
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 139 |
Published | December 2022 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 391.18 Million |
Forecasted Market Value ( USD | $ 597.49 Million |
Compound Annual Growth Rate | 7.3% |
Regions Covered | Asia Pacific |
No. of Companies Mentioned | 9 |