Laryngeal Mask Market Overview, Growth, Trends, Analysis (2021-2031)

The Laryngeal Mask Market is expected to register a CAGR of 8.9% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.

The report is segmented by Type (Disposable, Reusable). Further, the market is segmented on the basis of End User (Hospitals, Clinics, and Others). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.

Purpose of the Report

The report Laryngeal Mask Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

• Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
• Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
• Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Laryngeal Mask Market Segmentation

Type

• Disposable
• Reusable

End User

• Hospitals
• Clinics
• Others

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Laryngeal Mask Market Growth Drivers

• Rising Incidence of Respiratory Disorders: An increase in respiratory diseases and conditions requiring surgical intervention drives demand for effective airway management solutions like laryngeal masks. According to an article titled “Effectiveness of a home telemonitoring program for patients with chronic obstructive pulmonary disease in Germany” published by the National Library of Medicine in 2022, Germany reported ? 6 million COPD cases. According to an article titled “What knows a frail Swiss population about chronic obstructive pulmonary disease?” published in 2021, about 400,000 people were affected by COPD in Switzerland.
  
• Technological Advancements: Advancements in technology and techniques in anaesthesia are encouraging the use of laryngeal masks which increase safety and comfort for the patient during the procedure. One of the biggest advances in anaesthesia in recent years is the development of laryngeal mask airway. Ever since its advent, anesthetists have found indications for the use of laryngeal mask airway while performing tracheal intubation, such as by passing endotracheal tube through the tube of a properly positioned laryngeal mask airway.
  
• Demand for Minimally invasive procedure: There is increase in use of minimally invasive procedures by the patients as its consumes less time and does not require any admission or long-stays at hospitals or other healthcare facilities. The transition to minimally invasive surgeries has led to the increased employment of laryngeal masks, which are considered to be a safer mode of as opposed to the conventional endotracheal tubes.

Laryngeal Mask Market Future Trends

• Development of pediatric laryngeal mask: In recent years, the global laryngeal mask market has grown considerably due to innovations in pediatric laryngeal mask devices. During general anesthesia, laryngeal masks are fitted to a patient to maintain the airway without resorting to tracheal intubation for adults. Until recently, this equipment had mainly adult sizes thus, making it difficult to use on younger patients. All this changed when some companies began producing small sized laryngeal masks specifically for use by newborn babies, infants, and young children. This opened up opportunities for a wider range of patients and elevated the demand significantly.
  
• Collaboration and Partnership: Strategic partnerships between manufacturers and healthcare providers can enhance market reach and product offerings, particularly in underserved regions. For instance, the company such as Ambu is focusing on entering partnership with healthcare providers in developing countries which increases the demand of the product.
  
• Education and Training Programs: The demand for laryngeal mask training for healthcare personnel is increasing hence giving rise to chances for companies to come up with educational and workshop aids. For example, resuscitation councils advocate the use of the laryngeal mask airway (LMA) by paramedics during airway lifesaving procedures. The project sought to develop a training program where student paramedics are equipped with the basic knowledge and practical skills of LMA insertion but no less importantly the maintenance of such skills.

Laryngeal Mask Market Opportunities

• Growing Inclination Toward Home Healthcare: The World Health Organization (WHO) defines home-based care as a series of services, including psychosocial, physical, or palliative care activities, provided to people in their homes. A shift from long-term facilities, inpatient rehabilitation, and skilled nursing facilities to home care settings results in greater chances of better, consistent, and timely interaction between patient and doctor owing to the growing prominence of cloud and mobility-driven medical devices.
  
• Demand for reusable masks: The increasing penetration of single-use laryngeal masks is expected to present huge potential for growth in the global laryngeal mask market over the forecast period. It is evidenced that there has been a growing tendency among the healthcare professionals across the world towards the adoption of single use laryngeal masks rather than conventional reusable laryngeal masks. The acceleration of this change comes as a result of several reasons. Single-use laryngeal masks minimize the risk of cross contamination and more importantly - eliminate the waiting period between the procedures since there is no need for high level disinfection or sterilization processes.
  
• Rising number of ASCs: The increasing incidence of outpatient surgical clinics across the globe is one of the factors propelling the growth of the global laryngeal mask market. There has been a remarkable rise in the number of ASCs across the globe in the recent ten years since ASCs are much more convenient and cheaper than performing outpatient services in a hospital. ASCs come with significant benefits such as shorter waiting times, personalized care, and avoidance of hospital or healthcare-associated infections.

Laryngeal Mask Market Regional Insights

The regional trends and factors influencing the Laryngeal Mask Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Laryngeal Mask Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Laryngeal Mask Market Report Scope

Laryngeal Mask Market Players Density: Understanding Its Impact on Business Dynamics

The Laryngeal Mask Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Laryngeal Mask Market are:

1. Ambu A/S.
2. Teleflex Incorporated
3. Intersurgical Ltd
4. Medline Industries, Inc.
5. Medtronic

Disclaimer: The companies listed above are not ranked in any particular order.

Key Selling Points

• Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Laryngeal Mask Market, providing a holistic landscape.
• Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
• Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
• Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the Laryngeal Mask Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.