You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.

LONDON--(BUSINESS WIRE)--Technavio estimates the global anesthesia laryngeal masks market is expected to grow by USD 55.76 million during 2020-2024. However, the growth momentum is expected to decelerate at a CAGR of almost 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising number of surgeries and emergency cases. However, the intense competition among vendors leading to price reductions might challenge growth. Get a Free Sample Report Delivered Instantly to Know More Anesthesia Laryngeal Masks Market: Product Landscape Based on the product, the market witnessed maximum demand for single-use laryngeal masks in 2019. Single-use laryngeal masks are soft, inflatable, disposable plastic devices that can directly go inside the mouth to the deep throat and do not enter the windpipe like ETTs. Also, they are less irritating to the airway when compared with ETTs. These benefits are driving the growth of the segment. The market growth in the segment will be significant over the forecast period. Anesthesia Laryngeal Masks Market: Geography Landscape 43% of the markets growth originated from North America in 2019. Factors such as increasing adoption of advanced technologies, improved healthcare infrastructure, rising geriatric population, and the presence of prominent vendors are fueling the growth of the anesthesia laryngeal masks market in North America. The US is a key market for anesthesia laryngeal masks in North America. Market growth in this region will be faster than the growth of the market in Europe and ROW. Develop Smart Strategies for Your Business: Get a Free Sample Report Now! Major Three Anesthesia Laryngeal Masks Market Vendors: Ambu AS Ambu AS operates its business through segments such as Visualisation, Anaesthesia, and Patient Monitoring & Diagnostics. The company offers Ambu AuraStraight disposable laryngeal mask. Besmed Health Business Corp. Besmed Health Business Corp. operates its business through the Product segment. The company offers Fleseal Disposable Silicone Laryngeal Mask. Cardinal Health Inc. Cardinal Health Inc. operates its business through segments such as Pharmaceutical and Medical. The company offers flexible anesthesia laryngeal masks. Give Your Business a Head Start for 2021: Download Our Free Sample Report Related Reports on Healthcare Include: Global Anesthesia Disposables Market Global anesthesia disposables market is segmented by product (LMAs, breathing circuits, ETTs, resuscitators, and anesthesia face masks) and geography (Asia, Europe, North America, and ROW). Get a Free Sample Report to know more Global Anesthesia Face Masks Market Global anesthesia face masks market is segmented by product (disposable face masks, and reusable face masks) and geography (Asia, Europe, North America, and ROW). Get a Free Sample Report to know more Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports. Subscribe to World-Class Market Intelligence and gain instant access to 17,000+ market research reports and connect with expert analysts What our reports offer: About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Answer: Global Anesthesia Laryngeal Masks Market to Grow by $ 55.76 Million During 2020-2024 | Featuring Ambu AS, Besmed Health Business Corp., and Cardinal Health Inc. among others | Technavio