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Global Laryngoscope Market Size, Share, Demand, Technology Innovation and Industry Outlook 2021 - 2030

12-15-2021 12:03 PM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

The Global Laryngoscope Market Report provides a study with an in-depth overview, describing the product/industry Scope and elaborating market outlook and status (2021-2030). The report is curated after in-depth research and analysis by experts. The report provides comprehensive valuable insights on the global Laryngoscope market development activities demonstrated by industry players, growth opportunities, and market sizing with analysis by key segments, leading and emerging players, and geographies.

The global laryngoscope market is expected to grow from $0.132 billion in 2020 to $0.136 billion in 2021 at a compound annual growth rate (CAGR) of 3%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $0.164 billion in 2025 at a CAGR of 5%.

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Top Companies in the Global Laryngoscope Market: Ambu; Hill-Rom Holdings, Inc.; KARL STORZ; Medtronic; Olympus; HOYA; Roper Technologies, Inc. (Verathon, Inc.); Richard Wolf GmbH; Schoelly Fiberoptic GmbH; Welch Allyn Inc; Timesco Healthcare Ltd; GIMMI GmbH; Zhejiang Tiansong Medical Instrument; XION Gm

Recent Updates:

In January 2018, Dilon Technologies, a global leader in designing, manufacturing, and commercializing innovative medical imaging solutions, acquired the CoPilot VL video laryngoscope for an undisclosed amount. This acquisition will help Dilon Technologies expand its footprint into the anesthesia and airway field. CoPilot VL joins Dilon's growing range of imaging and intraoperative devices, including its Molecular Breast Imaging Program for breast cancer diagnosis and the Dilon Navigator Gamma Cancer Surgery Probe.

Market Overview:

Robot-assisted laryngoscopy is one of the key trends shaping the laryngoscope market. Growing complications or risks associated with advanced and experimental procedures contribute to increased demand for robot-assisted laryngoscopy. The characteristics of robot-assisted devices such as reliability will increase precision levels and have near-absolute geometric accuracy, which helps to reduce the workload of the specialists and improve patient care. Implementing robotic systems leads to faster skill development than manual procedures, and also improves performance and safety. Johns Hopkins University developed a robotic tool to improve surgeons' access to the larynx (voice box). The experts are designing a robotic laryngoscope that can be used with one hand like a joystick.

The laryngoscope market covered in this report is segmented by type into indirect laryngoscope; direct laryngoscope. It is also segmented by product into video laryngoscopes; standard laryngoscopes; fiber-optic laryngoscopes and by end-user into hospitals; clinics; medical examination center.

Segmentation:

Markets Covered:1) By Type: Indirect Laryngoscope; Direct Laryngoscope 2) By Product: Video Laryngoscopes; Standard Laryngoscopes; Fiber-optic Laryngoscopes 3) By End-user: Hospitals; Clinics; Medical Examination Center

Regional Analysis:

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Key Reasons to Purchase:
 
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- To understand the most affecting driving and restraining forces in the market and its impact in the global market.
 
- Learn about the market strategies that are being adopted by leading respective organizations.
 
- To understand the future outlook and prospects for the Laryngoscope market.

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About Us

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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