Anesthesia Laryngeal Masks Market Trends

  • Report ID: 5286
  • Published Date: Oct 03, 2023
  • Report Format: PDF, PPT

Anesthesia Laryngeal Masks Market Trends

Growth Drivers

  • Increasing Penetration of Laparoscopic Minimally Invasive Surgeries - Anesthesia and laryngeal masks are widely used in intensive care units, operating rooms, and emergency rooms for airway management and maintenance of anesthetic gases/vapours. Increasing use of laparoscopic minimally invasive procedures is also a market trend. Laryngeal masks are used as airway management devices during these procedures because they maintain hemodynamic stability during insertion/removal and reduce postoperative cough, sore throat, and morbidity.
  • Increasing Awareness about its Benefits- Nowadays, with the help of social media and campaigns there is a lot of awareness about the importance and benefits of anesthesia laryngeal masks. This further is driving the growth of anesthesia laryngeal masks market in the projected period.

Challenges

  • Increasing Competition Leading to Price Fluctuation - There are various limitations and drawbacks to anesthesia inhalation masks, which might limit the market's growth at some point. The main drawbacks of anesthesia laryngeal masks, for instance, are the inability to close the tracheal from the esophagus, the risk of aspiration and the limitation in airway pressure which is caused by inadequate sealing. An alternative to ETT is the use of analgesia laryngeal masks. This growing competition at times leads to price fluctuations by the vendor that can be complex to figure out for the customers. As a result, this is predicted to hamper the market expansion in the upcoming future.
  • Risk of Complications is Estimated to Restrict Market Growth in Future
  • High Cost of Anesthesia Laryngeal Masks Might Pose Limitation on the Market Growth

Anesthesia Laryngeal Masks Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~7%

Base Year Market Size

~USD 30 million

Forecast Year Market Size

~USD 801 million

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Gupta, Shivam Bhutani


  • Report ID: 5286
  • Published Date: Oct 03, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing prevalence of chronic disease and increasing incidence of surgical procedure are some of the major factors anticipated to drive the growth of the anesthesia laryngeal mask market.

The market is anticipated to attain a CAGR of ~7% over the forecast period, i.e., 2024 – 2036.

The major players in the market are of Besmed Health Business Corp., Bunzl Plc, Cardinal Health Inc., Medline Industries, Inc., Flexicare Group Ltd., HiTech Medical Co. Ltd., and others.

The hospital segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in North America is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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