Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Airway Management Tubes and Intubation Accessories Devices market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Airway Management Tubes and Intubation Accessories Devices industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Airway Management Tubes and Intubation Accessories Devices industry to benefit clients and increase the market sector. In recent years, the Airway Management Tubes and Intubation Accessories Devices industry has offered some of the most significant advantages to medicine.
Major players in the Airway Management Tubes and Intubation Accessories Devices market, including Medtronic, Smiths Group PLC, Armstrong Medical, Teleflex Incorporated, SunMedVyaire Medical, Vbm Medizintechnik GmbH Roper Technology, Bactiguard Holding AB, Enox Biopharma, Hospiteknik Healthcare, Innovative Surface Technologies, and others, are attempting to increase market demand by investing in research and development operations.
Teleflex Incorporated is a medical technology company popular for offering innovative solutions in the fields of interventional access, anesthesia, cardiac care, surgical, and respiratory care. Teleflex has established itself as a leading participant in the healthcare industry, serving a broad range of medical professionals and institutions ly. The company emphasizes on designing and manufacturing a broad portfolio of medical devices that improves patient outcomes and enhances procedural efficiency.
In October 2023, Teleflex, one of the leading players in the market, acquired Vesper Medical, specialized in video laryngoscopes for airway visualization. This acquisition strengthens portfolio of Teleflex in critical care and broadens its offerings for airway management procedures.
Medtronic is a medical technology company, one of the leaders in the healthcare industry, popular for its innovative contributions to therapies, medical devices, and services. Founded in 1949, the company has evolved into a leader in the development of cutting-edge medical solutions aimed at improving patient outcomes and enhancing the quality of healthcare delivery. In September 2023, Medtronic, major player acquired Curon Medical, a developer of innovative tracheostomy tubes and accessories, bolstering respiratory and critical care portfolio of Medtronic and offers access to Curon's advanced technology.