April 20, 2024
Laryngeal Mask Market

The Rising Global Laryngeal Mask Market Driven by Increased Usage for Emergency and Difficult Airway Situations

The global laryngeal mask market plays an important role in facilitating safe ventilation and respiration in emergency situations. Laryngeal masks allow medical professionals to establish an artificial airway and deliver oxygen to patients without the need for an endotracheal tube. These single-use devices offer significant advantages over traditional endotracheal intubation by reducing trauma to delicate tissues in the mouth and throat. Used worldwide by paramedics, nurse anesthetists and anesthesiologists, laryngeal masks come in various sizes suitable for adults, children and infants.

The Global Laryngeal Mask Market Demand is estimated to be valued at US$ 742.4 MN in 2024 and is expected to exhibit a CAGR of 8.6% over the forecast period from 2024 to 2031.

Laryngeal masks enable effective ventilation of the lungs without the need for advanced medical training to insert medical devices into the delicate airway. They offer a viable non-invasive alternative for airway management in emergency and difficult airway situations. The growing need for respiratory support devices during the COVID-19 pandemic has further driven the demand for laryngeal masks globally.

Key Takeaways

Key players operating in the global laryngeal mask market are Teleflex Incorporated, Ambu, Medtronic, Thermo Fisher Scientific, Intersurgical, Legend Medical Devices, BD, Vogt Medical, Asid Bonz, Hsiner and Other Prominent Players. Teleflex Incorporated is a market leader with its wide range of single-use and reusable laryngeal masks for adults and pediatric patients.

The growing demand for emergency airway management devices across hospitals and pre-hospital emergency settings is a major factor boosting market revenues. Laryngeal masks offer paramedics and nurses a safe and non-invasive alternative to endotracheal tubes for establishing an airway during cardiopulmonary resuscitation or trauma situations.

Major players are expanding their geographical presence across emerging markets to leverage growth opportunities. Increasing healthcare investments and rising incidences of chronic respiratory diseases are expected to drive the adoption of laryngeal masks in Asia Pacific and Latin American countries over the forecast period.

Market Key Trends

The global laryngeal mask market is driven by the key trend of increased usage of single-use laryngeal masks for infection control. Single-use laryngeal masks eliminate the need for reprocessing and sterilization of reusable devices between patients. This significantly reduces the risk of device-related infections and cross-contamination in clinical settings. Leading manufacturers have expanded their product lines to offer anatomically designed single-use laryngeal masks with improved tiered cuff technology for optimal seal and protective features. This trend is expected to continue boosting market revenues over the next few years.

Porter’s Analysis

Threat of new entrants: New companies entering the market is moderate as it requires significant investment in R&D and compliance with regulations.

Bargaining power of buyers: Individual consumers have low bargaining power as laryngeal masks are medical device with no substitutes. However, group purchasing organizations have some bargaining power.

Bargaining power of suppliers: A few major companies dominate the supply of raw materials and components which gives them some bargaining power over laryngeal mask manufacturers.

Threat of new substitutes: There is no substitute for laryngeal masks currently available in the market.

Competitive rivalry: The market is consolidated with top players competing on innovation, quality, and pricing.

Geographical Regions
North America accounts for the largest share of the global laryngeal mask market in terms of value owing to increasing demand for advanced airway management devices, developed healthcare infrastructure, and supportive reimbursement policies in the region.

Asia Pacific region is expected to register the fastest growth during the forecast period driven by growing healthcare expenditure, rising incomes, increasing medical tourism, and expansion of private healthcare facilities in the emerging economies of China and India.

1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it