According to a new market research report published by sheer analytics and insights, “The Global Laryngeal Mask Market was valued at $2.3 Million in 2020. Growing at a high CAGR of more than 10.5% between 2021and 2031, it is estimated to reach $6.9 Million by 2031, as per the latest market research report titled Global Laryngeal Mask Market - Industry analysis, size, share, growth, trends, and forecast, 2021-2031.
Laryngeal masks are also known as laryngeal mask airways or LMAs and laryngeal airway devices or LADs, which is a medical device that helps patient airways remain open in a state of unconsciousness or after administration of anesthesia. The mask comprises an airway tube with a connector at one end and a cuff at another end. However, Anesthetists generally use these types of masks for the oxygen or anesthesia gas supply at the surgery time. Emergency technicians also use it for unconscious patients. The increasing number of surgical methods for treating respiratory conditions such as chronic bronchitis and asthma drive market growth in the coming years. The gradually increasing number of respiratory problems at a global level is expected to drive market growth during the forecast period.
However, in this current pandemic of COVID-19, the Laryngeal Mask market is affected much. It changes the growth rate graph slightly in the Laryngeal Mask market. During the pandemic, the market is growing rapidly because of the rising number of patients globally. Apart from that, the Laryngeal Mask sector's rising across the world is anticipated to offer a massive opportunity for market growth in the next forecast period of 2021 to 2031.
Geographically, The Laryngeal Mask Market is divided into global regions like North America, Europe, Asia- Pacific, Latin America, Middle East, and Africa.
The report covers a detailed outlook about the company, and it includes the company or industry profiles and market share of key players operating in the global market. Key players in the report include GE Healthcare, Medline, Becton, Dickinson Company, Smiths Medical, Kindwell Medical, Hsiner Co., Ltd., Ambu Company, BLS Systems Ltd., Intersurgical Ltd., Drgerwerk AG & Co. KGaA., Vendors covered, Ambu AS, Cardinal Health Inc., Flexicare (Group) Ltd., and Medline Industries Inc. among others.
The Global Laryngeal Mask Market Has Been Segmented into:
Global Laryngeal Mask Market: By Type
Global Laryngeal Mask Market: By End-User
Global Laryngeal Mask Market: By Region