Global Video laryngoscope Market

Video Laryngoscope Market Size, Share, Growth Analysis, By Product (Rigid Video Laryngoscopes, Flexible Video Laryngoscopes), By Channel (Non-Channeled Video Laryngoscopes, Channeled Video Laryngoscopes), By Device, By Application, By End User, By Region - Industry Forecast 2025-2032


Report ID: SQSG35A2052 | Region: Global | Published Date: April, 2024
Pages: 165 | Tables: 139 | Figures: 78

Video Laryngoscope Market Insights

Video Laryngoscope Market size was valued at USD 130.22 Million in 2023 and is poised to grow from USD 136.86 Million in 2024 to USD 214.14 Million by 2032, growing at a CAGR of 5.1% during the forecast period (2025-2032).

The development of new laryngoscope products will support the market's growth in the next years. The market is populated by a number of businesses that compete using different product technologies. Improved visualization capabilities in developed goods have led to higher patient outcomes and greater patient safety. Additionally, expanding the availability of video laryngoscopes to medical practitioners in developing countries will spur market expansion in the near future. The success rate rises as a result of the high-resolution micro camera mounted on video laryngoscopes, which helps to provide a better picture of the vocal cord. The industry's revenue growth would also be aided by rising knowledge of early disease diagnosis and emergency visits to facilities. Two types of laryngoscopies are direct laryngoscopy and indirect laryngoscopy. In a direct laryngoscopy, a tube (laryngoscope) is inserted into the back of the throat to help the doctor examine the throat and remove any foreign objects or contaminated tissue for biopsy. A strobe light is used during laryngoscopy in order to give the doctor a clearer image and information about the voice box. Typically, tissue removal occurs after the anesthetic has been administered. The larynx, upper tracheal rings, and vocal cords can all be seen during an indirect laryngoscopy.

US Video Laryngoscope Market is poised to grow at a sustainable CAGR for the next forecast year.

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FAQs

Global Video Laryngoscope Market size was valued at USD 639.1 million in 2022 and is poised to grow from USD 749.66 million in 2023 to USD 2686.9 million by 2031, growing at a CAGR of 17.3% during the forecast period (2024-2031). 

The global video laryngoscope market is relatively fragmented, with a high level of competition. Few large players, like Prodol Meditec, Ambu A/S, Medtronic, KARL STORZ SE & Co. KG, Nihon Kohden Corporation, Verathon Inc., Salter Labs, VDO Medical Inc., AAM Healthcare, Hebei Vimed Medical Device Company, Ltd., Olympus Corporation., now control the market in terms of market share. These industry leaders are extending their customer base across several areas, and many corporations are creating strategic and collaborative initiatives with other start-up enterprises to enhance their market share and profitability. 'Medtronic ', 'KARL STORZ SE & Co. KG ', 'Nihon Kohden Corporation ', 'Verathon Inc. ', 'Ambu A/S ', 'AAM Healthcare ', 'Hebei Vimed Medical Device Company, Ltd. ', 'VDO Medical Inc. ', 'Marshall Products ', 'Olympus Corporation ', 'Clarus Medical LLC ', 'B. Braun Melsungen AG ', 'VYAIRE MEDICAL, INC. ', 'Intersurgical Ltd. ', 'King SystemsSunMed LLC ', 'Truphatek International Ltd. ', 'UE Medical Devices Inc. ', 'XION GmbH ', 'Propper Manufacturing Co. Inc. ', 'Timesco Healthcare Ltd. '

Increased demand for healthcare facilities and the significance of communicating results with patients are factors driving the growth of the global market for video laryngoscopes. In order to detect and cure the disease, video laryngoscopy is also in demand due to the cutting-edge technology and enhanced resolution.

One of the major developments influencing the laryngoscope industry is robotic assistance in laryngoscopy. Robot-assisted laryngoscopy is becoming more and more popular due to the growing hazards and difficulties that come with cutting-edge and experimental techniques.

The video laryngoscopes market was dominated by North America in 2021, which also had the highest revenue share at approximately 41.1%. The high prevalence of respiratory problems in both the adult and pediatric populations can be blamed for the rise. Additionally, it is projected that the market will be driven by rising air pollution and exposure to cigarette smoke, which causes respiratory illnesses. Strict practice standards established by the American Society of Anaesthesiologists (ASA) and other healthcare organizations, along with expanding regional government efforts, are anticipated to spur market expansion.

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Global Video laryngoscope Market

Report ID: SQSG35A2052

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