The laryngeal mask market size has grown rapidly in recent years. It will grow from $2.08 billion in 2023 to $2.33 billion in 2024 at a compound annual growth rate (CAGR) of 12.2%. The growth observed in the historical period can be attributed to several factors, including an increase in surgical procedures, a rise in respiratory disorders, advancements in material science, the global aging population, and a heightened focus on patient safety.
The laryngeal mask market size is expected to see rapid growth in the next few years. It will grow to $3.64 billion in 2028 at a compound annual growth rate (CAGR) of 11.8%. The anticipated growth in the forecast period can be attributed to several factors, including the integration of artificial intelligence, the rapid expansion of ambulatory surgical centers, increased awareness and training programs, expanding applications in emergency medicine, and a growing focus on sustainable and eco-friendly materials. Major trends expected in the forecast period encompass the implementation of 3D printing technology, enhancements in seal and ventilation features, the adoption of eco-friendly and sustainable materials, and the expansion of telemedicine-compatible laryngeal masks.
The anticipated increase in the number of surgical procedures is expected to drive the growth of the laryngeal mask market in the future. Surgical procedures involve medical operations where incisions are made using instruments to treat diseases or repair damage in a living body. Laryngeal masks serve as temporary tools to maintain an unobstructed airway during surgeries involving general anesthesia. They are utilized for administering anesthesia or as an urgent solution for patients facing airway complications. For example, in 2021, The Aesthetic Society, a group of board-certified aesthetic plastic surgeons in the USA, reported a 54% increase in the number of aesthetic surgical procedures compared to 2020. Additionally, liposuction procedures, a surgery involving fat removal performed under anesthesia, saw 491,098 procedures in 2021, up from 296,601 procedures in 2020. Hence, the rising number of surgical procedures is a driving force behind the laryngeal mask market.
The increasing prevalence of respiratory diseases is expected to contribute to the growth of the laryngeal mask market in the future. Respiratory diseases encompass a diverse group of conditions affecting the organs and tissues involved in breathing. Laryngeal masks are employed in the treatment of respiratory diseases to provide temporary airway support and improve oxygenation in patients with fluid accumulation in their lungs. For example, in April 2023, Asthma + Lung UK, a UK-based non-profit organization advocating for the freedom to breathe, reported a 149% surge in hospital admissions for children with asthma in England and Wales between 2021 and 2022. Approximately 19,506 children were hospitalized with asthma symptoms during this period, compared to 7,850 between 2020 and 2021. Consequently, the growing prevalence of respiratory diseases is a key factor driving the laryngeal mask market.
The laryngeal mask market is anticipated to face impediments due to fluctuations in raw-material prices. Laryngeal masks are typically crafted from specialized medical-grade materials such as silicone and thermoplastic elastomers (TPEs). When the prices of these raw materials rise, it results in increased production costs for laryngeal mask manufacturers. Elevated production costs can either reduce profit margins or necessitate manufacturers to raise product prices. For example, in October 2021, Textile Technology, a Germany-based digital platform for the technical textiles industry, predicted a 30% or more average increase in the price of raw materials for laryngeal masks such as silicone. Hence, the fluctuations in raw-material prices are constraining the laryngeal mask market going forward.
Major companies in the laryngeal mask market are strategically focusing on partnerships to expand their reach and gain a competitive edge. In July 2023, Teleflex Incorporated, a US-based provider of medical technologies, entered into an agreement with Premier Inc., a US-based healthcare company. This partnership allows Premier company members to benefit from special rates and conditions pre-arranged by Premier for specific Teleflex items, including laryngoscope systems, laryngeal mask airways, and disposable anesthesia products. This collaboration is designed to enable clinicians to deliver enhanced care at special prices. Furthermore, in June 2023, Teleflex Incorporated partnered with Shenzhen Insighters Medical Technology Co., Ltd., a China-based company specializing in the development of medical imaging technology, for the exclusive distribution of the Insighters Video Laryngoscope System. This system, with its modular accessories and parts, facilitates the placement of the endotracheal tube across diverse intubation situations. The Insighters Video Laryngoscope System, now part of Teleflex's array of airway management devices, is utilized for routine airway procedures.
In April 2022, Medline Industries, a healthcare company based in the United States, completed the acquisition of Asid Bonz GmbH for an undisclosed amount. The strategic move by Medline Industries was aimed at broadening its product portfolio and introducing the ASID BONZ brand to a wider European audience, extending beyond its existing client base in Germany. Asid Bonz GmbH, based in Germany, is recognized for its role as a manufacturer and distributor of medical consumables, with a specialization in urology, anesthesia, surgical procedures, inpatient supplies, and infection control. This includes the production of laryngeal masks and PVC masks among other medical products.
Major companies operating in the laryngeal mask market report are Teleflex Incorporated, Intersurgical Limited, Dynarex Corporation, Medtronic PLC, Ambu A/S, Hitec Medical Co. Ltd., Polymedicure Ltd., Anandic Medical Systems, Narang Medical Limited, Vogt Medical Vertrieb GmbH, Sterilmed Inc., HSINER CO. LTD., Legend Medical Devices Inc., Medline Industries Inc., Becton Dickinson and Company, Health Business Corp., Cook Medical, Vyaire Medical Inc., Advin Health Care, Smiths Group PLC, GPC Medical Ltd., Sourcemark LLC, Fannin Limited, Verathon Inc., Angiplast Pvt. Ltd., IndoSurgicals Private Limited, OXYCARE LTD., Proexamine Surgicals Private Limited, Besmed Health Business Corporation, Kindwell Medical Equipment.
North America was the largest region in the laryngeal mask market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the laryngeal mask market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the laryngeal mask market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A laryngeal mask is a type of oropharyngeal airway that serves as an alternative to traditional masks in the context of anesthesia and endotracheal intubation. It is employed as a substitute for a standard facemask in routine anesthesia procedures.
There are two main categories of laryngeal masks, reusable laryngeal masks and disposable laryngeal masks. A disposable laryngeal mask is a specific type of supraglottic airway device designed for single-use and subsequent disposal. These masks find application across various patient demographics, including children, adults, and geriatric individuals. Additionally, they are utilized by diverse end users such as hospitals, clinics, ambulatory surgical centers, and other medical facilities.
The laryngeal mask market research report is one of a series of new reports that provides laryngeal mask market statistics, including laryngeal mask industry global market size, regional shares, competitors with a laryngeal mask market share, detailed laryngeal mask market segments, market trends, and opportunities, and any further data you may need to thrive in the laryngeal mask industry. This laryngeal mask market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The laryngeal mask market consists of sales of silicon reusable masks and intubating LMA with endotracheal tubes. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The laryngeal mask market size is expected to see rapid growth in the next few years. It will grow to $3.64 billion in 2028 at a compound annual growth rate (CAGR) of 11.8%. The anticipated growth in the forecast period can be attributed to several factors, including the integration of artificial intelligence, the rapid expansion of ambulatory surgical centers, increased awareness and training programs, expanding applications in emergency medicine, and a growing focus on sustainable and eco-friendly materials. Major trends expected in the forecast period encompass the implementation of 3D printing technology, enhancements in seal and ventilation features, the adoption of eco-friendly and sustainable materials, and the expansion of telemedicine-compatible laryngeal masks.
The anticipated increase in the number of surgical procedures is expected to drive the growth of the laryngeal mask market in the future. Surgical procedures involve medical operations where incisions are made using instruments to treat diseases or repair damage in a living body. Laryngeal masks serve as temporary tools to maintain an unobstructed airway during surgeries involving general anesthesia. They are utilized for administering anesthesia or as an urgent solution for patients facing airway complications. For example, in 2021, The Aesthetic Society, a group of board-certified aesthetic plastic surgeons in the USA, reported a 54% increase in the number of aesthetic surgical procedures compared to 2020. Additionally, liposuction procedures, a surgery involving fat removal performed under anesthesia, saw 491,098 procedures in 2021, up from 296,601 procedures in 2020. Hence, the rising number of surgical procedures is a driving force behind the laryngeal mask market.
The increasing prevalence of respiratory diseases is expected to contribute to the growth of the laryngeal mask market in the future. Respiratory diseases encompass a diverse group of conditions affecting the organs and tissues involved in breathing. Laryngeal masks are employed in the treatment of respiratory diseases to provide temporary airway support and improve oxygenation in patients with fluid accumulation in their lungs. For example, in April 2023, Asthma + Lung UK, a UK-based non-profit organization advocating for the freedom to breathe, reported a 149% surge in hospital admissions for children with asthma in England and Wales between 2021 and 2022. Approximately 19,506 children were hospitalized with asthma symptoms during this period, compared to 7,850 between 2020 and 2021. Consequently, the growing prevalence of respiratory diseases is a key factor driving the laryngeal mask market.
The laryngeal mask market is anticipated to face impediments due to fluctuations in raw-material prices. Laryngeal masks are typically crafted from specialized medical-grade materials such as silicone and thermoplastic elastomers (TPEs). When the prices of these raw materials rise, it results in increased production costs for laryngeal mask manufacturers. Elevated production costs can either reduce profit margins or necessitate manufacturers to raise product prices. For example, in October 2021, Textile Technology, a Germany-based digital platform for the technical textiles industry, predicted a 30% or more average increase in the price of raw materials for laryngeal masks such as silicone. Hence, the fluctuations in raw-material prices are constraining the laryngeal mask market going forward.
Major companies in the laryngeal mask market are strategically focusing on partnerships to expand their reach and gain a competitive edge. In July 2023, Teleflex Incorporated, a US-based provider of medical technologies, entered into an agreement with Premier Inc., a US-based healthcare company. This partnership allows Premier company members to benefit from special rates and conditions pre-arranged by Premier for specific Teleflex items, including laryngoscope systems, laryngeal mask airways, and disposable anesthesia products. This collaboration is designed to enable clinicians to deliver enhanced care at special prices. Furthermore, in June 2023, Teleflex Incorporated partnered with Shenzhen Insighters Medical Technology Co., Ltd., a China-based company specializing in the development of medical imaging technology, for the exclusive distribution of the Insighters Video Laryngoscope System. This system, with its modular accessories and parts, facilitates the placement of the endotracheal tube across diverse intubation situations. The Insighters Video Laryngoscope System, now part of Teleflex's array of airway management devices, is utilized for routine airway procedures.
In April 2022, Medline Industries, a healthcare company based in the United States, completed the acquisition of Asid Bonz GmbH for an undisclosed amount. The strategic move by Medline Industries was aimed at broadening its product portfolio and introducing the ASID BONZ brand to a wider European audience, extending beyond its existing client base in Germany. Asid Bonz GmbH, based in Germany, is recognized for its role as a manufacturer and distributor of medical consumables, with a specialization in urology, anesthesia, surgical procedures, inpatient supplies, and infection control. This includes the production of laryngeal masks and PVC masks among other medical products.
Major companies operating in the laryngeal mask market report are Teleflex Incorporated, Intersurgical Limited, Dynarex Corporation, Medtronic PLC, Ambu A/S, Hitec Medical Co. Ltd., Polymedicure Ltd., Anandic Medical Systems, Narang Medical Limited, Vogt Medical Vertrieb GmbH, Sterilmed Inc., HSINER CO. LTD., Legend Medical Devices Inc., Medline Industries Inc., Becton Dickinson and Company, Health Business Corp., Cook Medical, Vyaire Medical Inc., Advin Health Care, Smiths Group PLC, GPC Medical Ltd., Sourcemark LLC, Fannin Limited, Verathon Inc., Angiplast Pvt. Ltd., IndoSurgicals Private Limited, OXYCARE LTD., Proexamine Surgicals Private Limited, Besmed Health Business Corporation, Kindwell Medical Equipment.
North America was the largest region in the laryngeal mask market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the laryngeal mask market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the laryngeal mask market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A laryngeal mask is a type of oropharyngeal airway that serves as an alternative to traditional masks in the context of anesthesia and endotracheal intubation. It is employed as a substitute for a standard facemask in routine anesthesia procedures.
There are two main categories of laryngeal masks, reusable laryngeal masks and disposable laryngeal masks. A disposable laryngeal mask is a specific type of supraglottic airway device designed for single-use and subsequent disposal. These masks find application across various patient demographics, including children, adults, and geriatric individuals. Additionally, they are utilized by diverse end users such as hospitals, clinics, ambulatory surgical centers, and other medical facilities.
The laryngeal mask market research report is one of a series of new reports that provides laryngeal mask market statistics, including laryngeal mask industry global market size, regional shares, competitors with a laryngeal mask market share, detailed laryngeal mask market segments, market trends, and opportunities, and any further data you may need to thrive in the laryngeal mask industry. This laryngeal mask market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The laryngeal mask market consists of sales of silicon reusable masks and intubating LMA with endotracheal tubes. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Laryngeal Mask Market Characteristics3. Laryngeal Mask Market Trends and Strategies32. Global Laryngeal Mask Market Competitive Benchmarking33. Global Laryngeal Mask Market Competitive Dashboard34. Key Mergers and Acquisitions in the Laryngeal Mask Market
4. Laryngeal Mask Market - Macro Economic Scenario
5. Global Laryngeal Mask Market Size and Growth
6. Laryngeal Mask Market Segmentation
7. Laryngeal Mask Market Regional and Country Analysis
8. Asia-Pacific Laryngeal Mask Market
9. China Laryngeal Mask Market
10. India Laryngeal Mask Market
11. Japan Laryngeal Mask Market
12. Australia Laryngeal Mask Market
13. Indonesia Laryngeal Mask Market
14. South Korea Laryngeal Mask Market
15. Western Europe Laryngeal Mask Market
16. UK Laryngeal Mask Market
17. Germany Laryngeal Mask Market
18. France Laryngeal Mask Market
19. Italy Laryngeal Mask Market
20. Spain Laryngeal Mask Market
21. Eastern Europe Laryngeal Mask Market
22. Russia Laryngeal Mask Market
23. North America Laryngeal Mask Market
24. USA Laryngeal Mask Market
25. Canada Laryngeal Mask Market
26. South America Laryngeal Mask Market
27. Brazil Laryngeal Mask Market
28. Middle East Laryngeal Mask Market
29. Africa Laryngeal Mask Market
30. Laryngeal Mask Market Competitive Landscape and Company Profiles
31. Laryngeal Mask Market Other Major and Innovative Companies
35. Laryngeal Mask Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Laryngeal Mask Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on laryngeal mask market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
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- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description:
Where is the largest and fastest growing market for laryngeal mask ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The laryngeal mask market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Reusable laryngeal masks; Disposable laryngeal masks2) By Patient: Children; Adult; Geriatric
3) By End User: Hospitals; Clinics; Ambulatory Surgical Centers; Other End-User
Key Companies Mentioned: Teleflex Incorporated; Intersurgical Limited; Dynarex Corporation; Medtronic plc; Ambu A/S
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Teleflex Incorporated
- Intersurgical Limited
- Dynarex Corporation
- Medtronic plc
- Ambu A/S
- Hitec Medical Co. Ltd.
- Polymedicure Ltd.
- Anandic Medical Systems
- Narang Medical Limited
- Vogt Medical Vertrieb GmbH
- Sterilmed Inc.
- HSINER CO. LTD.
- Legend Medical Devices Inc.
- Medline Industries Inc.
- Becton Dickinson and Company
- Health Business Corp.
- Cook Medical
- Vyaire Medical Inc.
- Advin Health Care
- Smiths Group plc
- GPC Medical Ltd.
- Sourcemark LLC
- Fannin Limited
- Verathon Inc.
- Angiplast Pvt. Ltd.
- IndoSurgicals Private Limited
- OXYCARE LTD.
- Proexamine Surgicals Private Limited
- Besmed Health Business Corporation
- Kindwell Medical Equipment
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | March 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 2.33 Billion |
Forecasted Market Value ( USD | $ 3.64 Billion |
Compound Annual Growth Rate | 11.8% |
Regions Covered | Global |
No. of Companies Mentioned | 30 |