Airway Management Devices Market worth $2.5 billion by 2026
The report "Airway Management Devices Market by type (Endotracheal tubes, Tracheostomy tube, LMA, Oropharyngeal, Nasopharyngeal, Laryngoscopes, Bougies), Application (Anesthesia, Emergency medicine), End user (Hospitals), COVID-19 Impact - Global Forecast to 2026" The airway management devices market is projected to reach USD 2.5 billion by 2026 from USD 1.9 billion in 2021, at a CAGR of 5.8% during the forecast period. Increasing prevalence of chronic respiratory diseases and respiratory tract infections have surged the demand for airway rescue among affected patients. As a result, the airway management devices market is witnessing a steady growth globally. Also, increasing admissions across emergency & intensive care units, favorable reimbursement coverage for airway management devices across developed countries, rise in geriatric population, growing investments in healthcare infrastructure, and high incidence of pre-term births are supporting the growth of the market.