Global Laryngeal Mask Market By Type (Disposable laryngeal masks, and Reusable laryngeal masks), By Patient (Children, Adult, and Geriatric), By End-Use (Ambulatory Surgical Centers, and Hospitals & Clinics), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

Laryngeal Masks Market Overview:

Global laryngeal mask sales were valued at USD 573.77 million in 2021. They are expected to increase at a 6.25% CAGR, between 2022-2032.

The increasing use of laryngeal masks during surgery and anesthesia can explain the growth. The market for laryngeal masks is driven by the growing number of procedures performed and the increased demand for disposable products.

Global Laryngeal Mask Market Analysis:

Type Analysis

Because of its use, disposable laryngeal masks dominated the market. They accounted to the largest revenue share for 2021. Because they can be reused, it provides a comfortable airway and eliminates the risk of disease transmission. In addition, the intracuff pressure of laryngeal Masks is relatively stable during nitrous Oxide anesthesia.

The segment growth is being boosted by these factors. For the forecast period, the segment of reusable types is expected to grow at a profitable CAGR of 5.7%. Its rising popularity is due to the lower cost per patient when using these masks. They are also more readily available and are easier to use in vitro.

Patient Analysis

Adult patients held a significant revenue share in the laryngeal market, in 2021. This can be explained by the large population in this segment. Due to the rising number of procedures performed and the high prevalence of chronic diseases in adults, the segment will continue expanding at a steady CAGR.
According to the International Journal of Environmental Research and Public Health (IJERPH), approximately half of all Americans have at least one chronic condition. This shows how many people are suffering from chronic conditions, which will drive the demand for laryngeal masks in the near future.

End-Use Analysis:

The market share for laryngeal mams was high in 2021, according to hospitals and clinics. Because of the availability of favorable reimbursement policies like Blue Cross Blue Shield and Medicare, the segment will remain dominant in the coming years.

The fastest projected CAGR for the Ambulatory Surgical Centers segment (ASCs), is 7.1%. ASCs have seen an increase in the demand for outpatient care due to factors such as shorter stays, shorter wait times, and personalized care.

Key Market Segments:

By Type

• Disposable laryngeal masks
• Reusable laryngeal masks

By Patient

• Children
• Adult
• Geriatric

By End-use

• Ambulatory Surgical Centers
• Hospitals & Clinics

Market Dynamics:

Market growth is being supported by the increasing prevalence of chronic conditions that require anesthesia and surgeries. According to medico-legal data from the Healthcare Insurance Reciprocal of Canada and the Canadian Medical Protective Association, over 1 million surgeries are performed each year in Canada. This is what drives the demand for laryngeal masks.

COVID-19 refers to a coronavirus, which is transmitted primarily by droplets, aerosol and direct contact. Because anesthetists frequently participate in aerosol-generating, airway interventions, this has increased the risk of infection. This has resulted in a slow adoption rate for laryngeal protection during the pandemic. Coronavirus has led to a number of guidelines for anesthesia. These include the protection of healthcare workers and the minimization of contamination by aerosols.

The laryngeal market is expected to expand due to technological advances. The market will be driven by increased investment in R&D, as well as the increasing demand for laryngeal nasal mask airway ventilation. The competition is fierce between the key players. Therefore, R&D has been prioritized over innovation in the product portfolio.

Regional Analysis:

North America had the highest revenue share, at 44.87%, in 2021 for the market for laryngeal masques. This was due to the existence of well-established healthcare infrastructure. These growth factors can also be attributed to the adoption of standard regulations and the publication of practice guidelines by regional healthcare organizations. The increasing use of anesthesia during surgery is another factor driving product demand.

The Asia Pacific, on the other hand, is expected to record the fastest CAGR over forecast years. These factors include a growing patient base that demands high-quality healthcare at lower costs, a rising geriatric population, and a heightened focus by market players on the developing countries in the region.

Кеу Regions and Countries covered іn thе rероrt:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share & Key Players Analysis:

The majority of companies have implemented multiple business strategies. These include new product launches and strategic collaborations. They also expanded their regional footprint to take advantage of emerging markets that are still considering adopting the product.

Маrkеt Кеу Рlауеrѕ:

• Teleflex Inc.
• Dynarex Corp.
• Ambu A/S
• McKesson Corp.
• Hitec Medical Co. Ltd.
• Thermo Fisher Scientific Inc
• Medtronic PLC
• Intersurgical Ltd.
• Other Key Players

For the Laryngeal Masks Market research study, the following years have been considered to estimate the market size: