Video Laryngoscope Market Size, Share, Growth Report 2030

The global Video Laryngoscope Market accrued earnings worth approximately 357.1 (USD Million) in 2020 and is predicted to gain revenue of about 1,001.3 (USD Million) by 2028, is set to record a CAGR of nearly 18.2% over the period from 2021 to 2028. The report offers assessment and analysis of the Video Laryngoscope Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Million).

Video Laryngoscope Market: Overview

Laryngoscopy is method of examination of anatomical structures of vocal cords, larynx, and throat with help of laryngoscope. Moreover, video laryngoscope is a process of monitoring and recording vocal cord & larynx movements. Furthermore, laryngoscopy is carried out in direct as well as indirect manner. Reportedly, direct laryngoscopy includes tube placement in throat back that assist physicians in throat examination and removal of affected tissue with help of biopsy. Moreover, indirect laryngoscopy involves vocal cord visualization as well as visualizing larynx & upper tracheal rings.

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Video Laryngoscope Market: Growth Drivers

Expansion of video laryngoscope industry over assessment period can be credited to rising demand for preventing virus transmissions such as COVID-19 virus. Surge in awareness about use of video laryngoscope in comparison to other traditional methods will drive business trends. Furthermore, benefits offered by video laryngoscope include improved laryngeal view, visual tube placement confirmation, and reduction in cross-contamination risks along with escalated rate of success post direct laryngoscopy failure. Additionally, video laryngoscope has evolved as best alternative for patients put on ventilators. Moreover, access to video laryngoscopy reduces intubation errors & improves learning, feedback, and education. All these aforementioned aspects will drive market trends.

In addition to this, video laryngoscope minimizes probability of doctors & patients getting infected through physical contact with each other, thereby creating new growth avenues for video laryngoscope industry over years ahead. Apparently, rise in spread of pandemics such as Swine flu and COVID-19 virus has promoted market demand in recent years. Surge in respiratory ailments such as asthma will boost business landscape.

Global Video Laryngoscope Market: Report Scope:

Video Laryngoscope Market: Regional Landscape

North America Video Laryngoscope Market Growth To Hit Scalable Heights By 2028

Regional market expansion over forecast timespan can be credited to rise in incidences of respiratory diseases in infant, elder, and adult persons in countries such as the U.S. and Canada. Apart from this, surge in air pollution due to release of smoke from factories affecting larynx & lungs of individuals will spur regional market growth.  Favorable government initiatives will boost expansion of video laryngoscope industry in North America over upcoming years.

Video Laryngoscope Market: Competitive  Landscape

Key players influencing market growth and profiled in report are KARL STORZ SE & Co. KG, Ambu A/S, Olympus Corporation, Medtronic plc, Hebei Vimed Medical Device Company, Ltd., AAM Healthcare, VDO Medical Inc., Salter Labs Inc., Verathon Inc., Nihon Kohden Corporation, and Prodol Meditec, S.A.

The global Video Laryngoscope Market is segmented as follows:

By Product Type

• Flexible
• Rigid

By Usage

• Disposable
• Reusable

By Region

• 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