Laryngeal Mask Market size was valued at US$ 1.78 Bn in 2022 and the total revenue is expected to grow at 11% through 2023 to 2029, reaching nearly US$ 3.7 Bn.Laryngeal Mask Market Overview:
A common supraglottic airway is the laryngeal mask airway (LMA). The LMA is a supraglottic airway tube with a cuffed mask at one end that produces a low-pressure seal across the laryngeal entrance when it is inserted orally. Compared to other systems, LMA ventilation has various advantages. A laryngeal mask is a single-use or reusable supraglottic airway device that can be used to maintain an open airway for a short period.To know about the Research Methodology :- Request Free Sample Report
Laryngeal Mask Market Dynamics:
The increased use of the Type during surgeries or an aesthetic treatment can be ascribed to the growth. The market for laryngeal masks is being driven by an increase in the number of surgical procedures combined with an increase in disposable device demand. Furthermore, the rising frequency of chronic disorders that necessitate surgery and anesthesia is fueling Type demand, resulting in market expansion. Over 1.3 million surgical procedures are performed in Canada each year, according to medico-legal data published by the Healthcare Insurance Reciprocal of Canada (HIROC) and the Canadian Medical Protective Association (CMPA), fuelling demand for laryngeal masks. A coronavirus causes the COVID-19 pandemic, which is spread mostly by droplets, aerosols, and direct contact. Anesthetists are at an increased risk of infection as a result of their frequent engagement in aerosol-generating airway procedures. During the epidemic, this resulted in a sluggish uptake of laryngeal masks. Due to the coronavirus pandemic, many anesthetic recommendations have arisen; core management principles include protecting healthcare personnel and limiting aerosol pollution. As per the Congressional Research Service, report, the federal investment for research and development in the U. S. went from USD 2.8 billion in 1953 to USD 127.2 billion in 2018. These factors promote R&D in the US. and are projected to benefit the laryngeal mask industry. The growing geriatric population is fuelling the growth of the laryngeal mask market. Chronic diseases are common in the elderly, which often necessitate surgery. As a result, the number of cases of numerous long-term diseases is expected to rise as the senior population grows. According to a report published by the Population Reference Bureau titled "Aging in the United States," the country's geriatric population will grow from 48 million in 2016 to 98 million by 2060.Laryngeal Mask Market Segment Analysis:
The adult patient segment is anticipated to adhere to the growth of the Laryngeal Mask Market. In 2022, the adult patients segment led the laryngeal mask market, accounting for more than 58.8% of total revenue. This is due to the fact that this category has a comparably greater demographic. Due to the sheer rising number of surgeries performed and the high prevalence of chronic diseases among adults, the category will continue to grow at a steady CAGR. According to the International Journal of Environmental Research and Public Health, over half of all Americans have at least one chronic illness. This illustrates the possible impact of chronic illnesses on the laryngeal mask market in the near future. The hospitals and clinics segment is supplementing the growth of the Laryngeal Mask Market. In 2022, the hospitals and clinics category had the highest revenue share in the market for laryngeal masks, accounting for more than 60.3 %. Due to simple access and availability of attractive reimbursement schemes such as Medicare and Blue Cross Blue Shield, the segment will maintain its leading position during the predicted years. Over the forecast period, the Ambulatory Surgical Centers (ASCs) segment is expected to grow at the quickest rate of 6.4 percent. Shorter stay times, shorter wait times, and customized treatment have increased demand for outpatient services, resulting in an increase in the number of surgeries performed in ASCs.Laryngeal Mask Market Regional Insights:
North America is projected to hit the growth of the market in the forecast period. Due to the region’s well-established healthcare infrastructure, North America held the greatest revenue share of approximately 43.6% in the market for laryngeal masks in 2022. The growth can also be linked to the region's healthcare organizations' standard regulatory obligations and Patient of practice guidelines. Furthermore, rising aesthetic usage during surgeries is fuelling Type demand. The global laryngeal mask market has been driven by an increase in the number of chronic obstructive pulmonary disease patients, as well as an increase in the number of surgeries and intraoperative procedures. Furthermore, an increase in the geriatric population in the US has increased the number of procedures performed in the country. According to the American Society of Anaesthesiologists (ASA), 40 million anaesthetics are provided in the United States each year. The objective of the report is to present a comprehensive analysis of the Laryngeal Mask Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Market dynamics, structure by analyzing the market segments and project the Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the Market make the report investor’s guide.Laryngeal Mask Market Scope: Inquire before buying
Global Laryngeal Mask Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 1.78 Bn. Forecast Period 2023 to 2029 CAGR: 11% Market Size in 2029: US $ 3.7 Bn. Segments Covered: by Type Reusable laryngeal masks Disposable laryngeal masks by Patient Children Adult Geriatric by End User Hospitals & Clinics Ambulatory Surgical Centers Laryngeal Mask Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Laryngeal Mask Market Key Players
1. Thermo Fisher Scientific, Inc. 2.Teleflex Inc. 3.Intersurgical Ltd. 4.Dynarex Corp. 5.Medtronic PLC 6.Ambu A/S 7.Hitec Medical Co., Ltd. 8.McKesson Corp. 9.Thermo Fisher Scientific Inc. 10.Anandic Medical Systems 11.Narang Medical 12.Besmed Health Business Corp. 13.Vogt Medical Vertrieb GmbH 14.Ferno 15.Hsiner 16.Legend Medical Devices, Inc.FAQs:
1. What is the Laryngeal Mask Market value in 2022? Ans: The Laryngeal Mask Market value in 2022 was estimated as 1.78 Billion USD. 2. Which End-User segment is likely to dominate the Laryngeal Mask Market growth? Ans: Based on the end-user, the hospitals and clinics segment held the maximum revenue share of over 60.3% in the market for laryngeal masks in 2022. The segment will retain the dominant position throughout the forecast years due to easy access and availability of favorable reimbursement policies, such as Medicare, and Blue Cross Blue Shield. 3. Which Region is expected to dominate the Laryngeal Mask Market during the forecast period? Ans: North America dominated the laryngeal mask market with a share of 43.95% in 2019. This is attributable to the increasing number of surgeries and respiratory diseases. 4. What are the factors driving the Laryngeal Mask market? Ans: Key factors driving the laryngeal mask market growth include the increasing number of surgical procedures, technological developments, the prevalence of chronic respiratory diseases, and the geriatric population. 5. Who are the key players in the Laryngeal Mask Market? Ans: Some key players operating in the laryngeal mask market include Teleflex Incorporated, Intersurgical Ltd, Dynarex Corporation, Medtronic, Ambu A/S, Hitec Medical Co., Ltd, Carefusion, Thermo Fisher Scientific, Anandic Medical Systems, Narang Medical, Besmed Health Business Corp, Vogt Medical, Ferno, Hsiner Co. Ltd, and Legend Medical Devices, Inc.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Patient 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Patient 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Patient 2.3.2. Primary Research 2.3.2.1. Data from Primary Patient 2.3.2.2. Breakdown of Primary Patient 3. Executive Summary: Laryngeal Mask Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2020 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Laryngeal Mask Market 3.4. Geographical Snapshot of the Laryngeal Mask Market, By Manufacturer share 4. Laryngeal Mask Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porter Five Forces Analysis 4.1.6.1. The threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. The threat of Substitute Grades 4.1.6.5. The intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Laryngeal Mask Market 5. Supply Side and Demand Side Indicators 6. Laryngeal Mask Market Analysis and Forecast, 2022-2029 6.1. Laryngeal Mask Market Size & Y-o-Y Growth Analysis. 7. Laryngeal Mask Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 7.1.1. Reusable laryngeal masks 7.1.2. Disposable laryngeal masks 7.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 7.2.1. Children 7.2.2. Adult 7.2.3. Geriatric 7.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 7.3.1. Hospitals & Clinics 7.3.2. Ambulatory Surgical Centers 8. Laryngeal Mask Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Laryngeal Mask Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 9.1.1. Reusable laryngeal masks 9.1.2. Disposable laryngeal masks 9.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 9.2.1. Children 9.2.2. Adult 9.2.3. Geriatric 9.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 9.3.1. Hospitals & Clinics 9.3.2. Ambulatory Surgical Centers 10. North America Laryngeal Mask Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Laryngeal Mask Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 12. Canada Laryngeal Mask Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 13. Mexico Laryngeal Mask Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 14. Europe Laryngeal Mask Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 15. Europe Laryngeal Mask Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K Laryngeal Mask Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 17. France Laryngeal Mask Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 18. Germany Laryngeal Mask Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 19. Italy Laryngeal Mask Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 20. Spain Laryngeal Mask Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 21. Sweden Laryngeal Mask Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 22. CIS Countries Laryngeal Mask Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 23. Rest of Europe Laryngeal Mask Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 24. Asia Pacific Laryngeal Mask Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 25. Asia Pacific Laryngeal Mask Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Laryngeal Mask Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 27. India Laryngeal Mask Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 28. Japan Laryngeal Mask Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 29. South Korea Laryngeal Mask Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 30. Australia Laryngeal Mask Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 31. ASEAN Laryngeal Mask Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 32. Rest of Asia Pacific Laryngeal Mask Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 33. Middle East Africa Laryngeal Mask Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 34. Middle East Africa Laryngeal Mask Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Laryngeal Mask Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 36. GCC Countries Laryngeal Mask Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 37. Egypt Laryngeal Mask Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 38. Nigeria Laryngeal Mask Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 39. Rest of ME&A Laryngeal Mask Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 40. South America Laryngeal Mask Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 41. South America Laryngeal Mask Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Laryngeal Mask Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 43. Argentina Laryngeal Mask Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 44. Rest of South America Laryngeal Mask Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Patient, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Laryngeal Mask Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Fiber Grades, and R&D Investment 45.2.2. New Grade Launches and Grade Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment, and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures, and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. Merck & Co., Inc. 45.3.1.1. Financial Overview 45.3.1.2. Geographic Footprint 45.3.1.3. Grade Portfolio 45.3.1.4. Business Strategy 45.3.1.5. Recent Developments 45.3.2. Thermo Fisher Scientific, Inc. 45.3.3. Genewiz 45.3.4. Eurofins Scientific 45.3.5. ATD Bio Ltd. 45.3.6. OriGene Technologies, Inc. 45.3.7. Bioneer Corporation 45.3.8. Integrated DNA Technologies, Inc 45.3.9. GenScript Biotech Corporation 45.3.10. Eurogentec 45.3.11. General Biosystems 45.3.12. Twist Bioscience 45.3.13. Evonetix 45.3.14. Bio-synthesis Inc 45.3.15. LGC Limited 45.3.16. Eurofins Genomics Blue Heron LLC 45.3.17. Macrogen,Inc 45.3.18. Science Exchange, Inc 45.3.19. Integrated DNA Technologies, Inc 45.3.20. Origene Technologies, INC. 45.3.21. Proteo Genix 45.3.22. Biocat GMBH 46. Primary Key Insights