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Laryngeal Mask Market Analysis and Forecast up to 2030 – BioSpace

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Published: Aug 29, 2022
Wilmington, Delaware, United States, Transparency Market Research Inc.: Laryngeal mask airway (LMA) is a commonly used supraglottic airway. The LMA is an orally introduced supraglottic airway tube with a cuffed mask at one end that forms a low-pressure seal around the laryngeal inlet. LMA ventilation has several advantages over other methods. Laryngeal mask is a single-use or reusable supraglottic airway device that may be used as a temporary method to maintain an open airway.
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Key Drivers and Restraints of Global Laryngeal Mask Market
Rise in incidence of chronic pulmonary disease boost the market. According to new estimates by the World Health Organization, COPD is predicted to become the third-leading cause of death by 2030. As per the British Lung Foundation, the number of people who have ever had a diagnosis of COPD has increased by 27% in the last decade, from under 1,600 to nearly 2,000 per 100,000. The U.K. is among the top 20 countries for COPD mortality worldwide.
In Europe, only Denmark and Hungary have higher death rates for COPD, while rates are higher in the U.S. and New Zealand as compared to that in the U.K. This, in turn, fuels the need for surgical procedures. Hence, an increase in the incidence of chronic disorders that require surgeries is a key driver of the global laryngeal masks market.
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Continuous technological advancement in anesthesia technology propel the market. Manufacturers in the industry are achieving innovation in patient care through integration of enhanced patient monitors, innovative parameters, wireless devices, and workflows and integrated IT solutions. LMA ventilation is a method to provide rescue ventilation to unconscious patients or patients without a gag reflex. Moreover, this method is technically easier than most other effective ventilatory methods. In January, 2017, Teleflex Corporation launched LMA Gastro Airway with Cuff Pilot technology, a laryngeal mask that facilitates esophageal access and promotes airway control during endoscopic procedures in adults.
Harmful effects of certain products and usage may hamper the market. The distal tip of the collar on the laryngeal mask airway may occasionally roll-upwards on insertion, which may hinder optimal placement. Forceful insertion may cause abrasion of the pharyngeal tissues or bleeding. Insufflation of the stomach may occur. Laryngeal mask airway is not a good primary airway device in morbidly obese patients, as those patients do require higher positive airway pressures that may produce leaks around the LMA cuff.
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Disposable Segment to Expand Significantly
Based on type, the global laryngeal mask market can be divided into disposable and reusable
The reusable segment dominated the global laryngeal mask market in 2019. It is projected to maintain its position during the forecast period due to lower operational cost as compared to disposable masks.
However, the disposable segment is anticipated to expand at a higher CAGR during the forecast period due to low cost and user preference owing to the risk factors associated with reusable laryngeal masks
Hospitals Segment to Dominate Global Laryngeal Mask Market
Based on end-user, the global laryngeal mask market can be segregated into hospitals, clinics, ambulatory surgical centers, and others
In terms of revenue, the hospitals segment accounted for a major share of the market in 2019, followed by the ambulatory surgical centers (ASC) segment. Majority of surgeries are performed in hospitals, as they possesses integrated healthcare facilities and technologically advanced infrastructures. According to CDC data, an estimated 25.7 million ambulatory surgery procedures were performed in hospitals, and 22.5 million were performed in ASCs in 2017.
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North America to Dominate Global Laryngeal Mask Market
In terms of region, the global laryngeal mask market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
North America accounts for a prominent share of the global laryngeal mask market in 2019. A rise is in the number of chronic obstructive pulmonary diseases patients worldwide and surge in the number of surgeries and intra operative procedures have propelled the global laryngeal mask market. Moreover, a rise in the geriatric population in the U.S. has led to a corresponding rise in the number of surgeries in the country. The American Society of Anestheologists (ASA) estimated a total of 40 million anesthetics being administered each year in the country.
The market in Asia Pacific is projected to expand at a notable CAGR during the forecast period. A significant rise in the geriatric population in Japan has boosted the demand for respiratory and anesthesia related products. Rise in respiratory diseases has boost the market for respiratory devices in developing countries of this region.
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Key Manufacturers Operating in Market
The global laryngeal mask market was highly fragmented in 2019. Key manufacturers operating in the global market are:
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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
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Transparency Market Research Inc.
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