Laryngeal Airway Mask Market Size, Share, Industry Trends and Forecast to 2030

Laryngeal Airway Mask Market Size & CAGR in 2021

The global laryngeal airway mask market is expected to experience a CAGR of 4.5% from 2021 to 2026. The market size is anticipated to reach USD 195 million by 2026. The increasing prevalence of respiratory disorders and the growing demand for advanced airway management devices are driving the growth of the laryngeal airway mask market.

COVID-19 Impact on the Laryngeal Airway Mask Market

The COVID-19 pandemic has had a significant impact on the laryngeal airway mask market. With the surge in the number of COVID-19 patients requiring respiratory support, there has been a heightened demand for laryngeal airway masks. Healthcare facilities worldwide have been stocking up on these devices to ensure adequate availability for patients in need.

Laryngeal Airway Mask Dynamics

The laryngeal airway mask market is driven by factors such as the increasing prevalence of respiratory disorders, the rising geriatric population, technological advancements in airway management devices, and the growing demand for minimally invasive procedures. However, factors such as the high cost of advanced laryngeal airway masks and the lack of skilled healthcare professionals may hinder market growth.

Segments and Related Analysis

By Type:

1. Single-Use Laryngeal Airway Mask
2. Reusable Laryngeal Airway Mask

By End User:

1. Hospitals & Clinics
2. Ambulatory Surgical Centers
3. Others

By Region Analysis

North America

The North American laryngeal airway mask market is expected to dominate the global market due to the presence of advanced healthcare infrastructure and the high adoption rate of innovative medical devices. The U.S. is likely to be a key contributor to market growth in the region.

Europe

Europe is anticipated to witness significant growth in the laryngeal airway mask market, driven by increasing healthcare expenditure, favorable reimbursement policies, and the presence of key market players in the region. Countries like Germany, France, and the UK are expected to lead the market.

Asia Pacific

The Asia Pacific laryngeal airway mask market is projected to grow rapidly due to the rising prevalence of respiratory diseases, improving healthcare infrastructure, and the increasing focus on patient safety. China, Japan, and India are poised to be key markets in the region.

Latin America

Latin America is expected to experience moderate growth in the laryngeal airway mask market, attributed to the expanding healthcare sector, increasing investments in medical technology, and the growing awareness about advanced airway management devices. Brazil and Mexico are likely to drive market growth.

Middle East and Africa

The Middle East and Africa region are projected to witness steady growth in the laryngeal airway mask market due to the improving healthcare infrastructure, rising healthcare expenditure, and the high prevalence of respiratory disorders. Countries like Saudi Arabia, UAE, and South Africa are expected to contribute to market growth.

Key Market Players and Competitive Landscape

Key players in the laryngeal airway mask market include Smiths Medical, Teleflex Incorporated, VYAIRE MEDICAL INC, Ambu A/S, Intersurgical Ltd, and SourceMark. These companies focus on product innovation, strategic partnerships, and mergers and acquisitions to enhance their market presence and strengthen their competitive position.

Recent Happenings in the Laryngeal Airway Mask Market

In recent developments, Smiths Medical launched a new range of laryngeal airway masks with advanced features for improved patient comfort and safety. Teleflex Incorporated announced a collaboration with a leading research institute to develop innovative airway management solutions. VYAIRE MEDICAL INC introduced a specialized laryngeal mask for neonatal care, catering to the specific needs of pediatric patients. These initiatives reflect the ongoing advancements and innovations in the laryngeal airway mask market.