What are Advanced airway adjuncts?
Advanced airway adjuncts are a subset of airway management which consists of advanced skills and training. Invasiveness is also involved in the Advanced airway adjunct. It encloses various techniques to create an open airway or respiratory tract between the patient lung and the outside environment. In basic airway management, we rely on the head lift, chin-lift, and jaw thrust movements but in advanced airways use of medical equipment and advanced training is done. Advanced airway adjunct is an attribute consisting of endotracheal tubes which is an advanced airway alternative inserted through the mouth or nose. It is the most secure airway to place. The laryngeal mask airway is also an advanced airway alternative that provides comparable ventilation to the esophageal tube. The esophageal-tracheal tube being an advanced airway adjunct provides adequate ventilation compared to the ET tube. A variety of airway management techniques are used in hospitals and healthcare institutions.
Here are some of the driving factors that are increasing opportunities for advanced airway adjuncts:
Increasing demand for emergency and intensive care:
Patients having persistent infections and cardiac disorders are mostly prone to air difficulties and require immediate medical treatment. Demand for advanced airway devices is rising, as a result, of various situations in accidents and traumatic injuries. Increases in chronic respiratory disease and chronic obstructive pulmonary disease boosts the growth of airway adjuncts market.
Funds provided by the government:
Funds provided by the federal government help to adopt advanced airway adjuncts and this indirectly helps in increasing health care spending and extended care delivery. Advancement in healthcare infrastructure benefits the advanced airway adjuncts market.
Launching of new products by key players in the market:
The advanced airway adjuncts market is primarily driven by the product launches by the market players which indirectly increases the demand for advanced airway adjuncts. The industrial player invests in R&D for smart and unique strategies to sustain in the market. The rising of innovative technologies in airway management introduces suitable profits for both adults and neonates which boosts the growth of advanced airway adjuncts.
Restraining factors affecting the growth of advanced airway adjuncts:
Requirement of trained and skilled personnel:
Endotracheal intubation and other techniques under advanced airway adjuncts necessarily require highly trained, skilled, and innovative staff with complete knowledge. Healthcare providers must have backup strategies if unable to establish the first airway adjunct.
Lack of public health insurance across emerging countries:
Low adoption of expensive air management techniques due to the financial crisis of poor developing countries and no support from the government becomes a restrain for market growth of advanced airway adjuncts
Recent developments:
On January 06, 2022, ICU Medical Inc. completed the acquisition of Smith Medicals from Smiths Group plc. Both companies when merged together created a leading infusion therapy company with an estimated pro forma combined revenues. The combination of both allowed ICU to enhance its competitiveness with larger players in the market and gave a broad set of offerings demanded by the customers.
Conclusion:
Observing the increasing demand for intensive care and compensation given by the government along with the advancement of products by key players in the market are expected to surge the growth of the advanced airway adjuncts market.
Author's Detail:
Vinayak Bali /
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Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.