Video Laryngoscope Market - Global Industry Analysis

Video Laryngoscope Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Category: Medical Device Report Format : PDF Report Code: ZMR-6775 Status : Upcoming

Description

Global Video Laryngoscope Market: Overview

Laryngoscopy refers to the process of checking the anatomical structure of vocal cords, throat, and larynx with a device known as a laryngoscope. Video laryngoscopy is a technique of recording and observing moments of the larynx and vocal cords. Laryngoscopy can be done via indirect and direct laryngoscopy. Direct laryngoscopy refers to keeping a tube structure at the back of the throat that helps doctors to check the throat in order to remove infected tissue or foreign body for biopsy. Laryngoscopy with strobe light involves the adoption of strobe light to offer professionals the more accurate image and insights regarding the voice box. The tissue removal process is done post-anesthesia administration. However, indirect laryngoscopy involves the visualization of the larynx, upper tract rings, and vocal cords.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Video Laryngoscope Market: Growth Factors

The growing demand for healthcare facilities with the surging requirement to share test results with the patient is driving the growth of the global video laryngoscope market exponentially. Also, there is high demand for video laryngoscopy owing to the emergence of advanced high resolution technologies that can aid in diagnosing and treating the disorders effectively. In addition, the wide availability increased reliability, and affordable procedures are likely to further widen the scope of instruments. In addition, there are various other benefits, including a high success rate, visual confirmation of tube placement, enhanced larynx view, and a significant reduction in the force applied. The outbreak of the Covid-19 pandemic has positively impacted the trajectory of the global video laryngoscope market as intensive care units and emergency departments arranged innovative ways to support patients in respiratory problems along with effectively lowering the risk of cross-infection. However, the video laryngoscopy is seen as a viable option, particularly for intubating the patients. In addition, the video laryngoscopy also lowers the possibility of errors during the intubation process and further improves the teaching, learning, and feedback process. Furthermore, it helps in maintaining proper distance between the healthcare technicians and the airways of patients, thereby lowering the risk of contamination. The growing prevalence of respiratory diseases globally is likely to be a crucial factor exponentially accelerating the growth of the global video laryngoscope market. However, the surging adoption of airway management, particularly in the pediatric segment, is likely to further create several lucrative growth opportunities during the forecasted period.

Global Video Laryngoscope Market: Segmentation

The global video laryngoscope market can be segmented into end-user, device, channel, usage, product, and region.

By end-user, the market can be segmented into in-hospital, pre-hospital, and others. The in-hospital segment accounts for the largest share in the global video laryngoscope market due to the growing number of airway management procedures undertaken in hospitals. Also, the adoption of video laryngoscopes is high due to the improved visualization and successful intubation, which in turn make the process easy and safe for both the physicians and patients as compared to traditional processes.

By device, the market can be segmented into handheld and card-based video laryngoscopes. The card-based segment holds the largest share in the global video laryngoscope market due to its wide utilization, particularly in hospitals in cases of intubation and other airway management procedures. The card-based video laryngoscopes facilitate a better view while facilitating the insertion of the tracheal tube.

By channel, the market can be segmented into channel and non-channel laryngoscopes.

By usage, the market can be segmented into disposable and reusable video laryngoscopes.

By product, the market can be segmented into flexible and rigid video laryngoscopes. The rigid segment dominates the global video laryngoscope market due to the declining adoption of traditional laryngoscopes.

Global Video Laryngoscope Market: Regional analysis

North America accounts for the largest share in the global video laryngoscope market due to the growing prevalence of respiratory disorders, particularly in the pediatric and geriatric population in the region. Also, the surge in air pollution and growing rates of tobacco smoking are likely to trigger respiratory diseases over the forecast years, which in turn will fuel the growth of the regional market.

Asia Pacific is expected to register a significant growth rate over the forecast years due to the huge unmet requirements of patients and growing government initiatives to strengthen the regional healthcare infrastructure. Also, the ongoing technological upgrades in the region, along with the fast proliferating healthcare and medical device sector, are likely to further accelerate the growth of the regional market over the forecasted period.

Global Video Laryngoscope Market: Competitive Players

Some of the significant players in the global video laryngoscope market are Olympus Corporation, Hebei Vimed Medical Device Company, Ltd., AAM Healthcare, VDO Medical Inc., Salter Labs, Verathon Inc., Nihon Kohden Corporation, KARL STORZ SE & Co. KG, Medtronic, Ambu A/S, and Prodol Meditec.

Global Video Laryngoscope Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

The growing demand for care facilities with the surging requirement to share test results with the patient is driving the growth of the global video laryngoscope market exponentially. Also, there is high demand for video laryngoscopy owing to the emergence of advanced high resolution technologies that can aid in diagnosing and treating the disorders effectively.

 

Some of the significant players in the global video laryngoscope market are Olympus Corporation, Hebei Vimed Medical Device Company, Ltd., AAM Healthcare, VDO Medical Inc., Salter Labs, Verathon Inc., Nihon Kohden Corporation, KARL STORZ SE & Co. KG, Medtronic, Ambu A/S, and Prodol Meditec.

 

North America accounts for the largest share in the global video laryngoscope market due to the growing prevalence of respiratory disorders, particularly in the pediatric and geriatric population in the region.

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