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Video Laryngoscope Market is Set to Witness Huge Demand at USD 6.72 billion by 2029 at a CAGR of 17.10%

08-22-2022 09:53 AM CET | Health & Medicine

Press release from: Data Bridge Market Research

Video Laryngoscope Market is Set to Witness Huge Demand at USD

Video Laryngoscope Market research report delivers a comprehensive analysis of the market structure along with a forecast of the diverse segments and sub-segments of the market. The base year for calculation in the report is taken as 2020 and the historic year is 2019 which will tell how the market is going to perform in the forecast years by informing what the market definition, classifications, applications, and engagements are. The report gives helpful insights which assist while launching a new product. it is a professional and detailed report focusing on primary and secondary drivers, market share, leading segments, and geographical analysis.

Data Bridge Market Research analyses a growth rate in the global video laryngoscope market in the forecast period 2022-2029. The expected CAGR of global video laryngoscope market is tend to be around 17.10% in the mentioned forecast period. The market was valued at USD 1.9 billion in 2021, and it would grow upto USD 6.72 billion by 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Laryngoscopy examines the anatomy of the larynx, throat and vocal cords with the help of the instrument known as a laryngoscope. Video Laryngoscopy is a process of witnessing and recording the movement of the vocal cords and larynx. It is a device that aids in visualizing an enlarged video image of airway structures. It facilitates high-quality endotracheal tube position placement in varied difficult airways; hence it avoids complications that result from failed tube placements.

Grab Sample Report with Complete Graphs, Charts, and Figures @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-video-laryngoscope-market 

Global Video Laryngoscope Market Dynamics

Drivers

Increased Prevalence of Intensive Care

Patients suffering from infections, chronic illnesses, and heart disease often suffer from respiratory complications that require immediate treatment. Similarly, road accident victims and other injured people need immediate airway access to ensure safety. Due to the high number of such cases, the demand for video laryngoscopy is increasing worldwide. It provides effective and timely treatment for difficult airways. Therefore, the increasing number of severe and traumatic hospitalizations in emergency departments and intensive care units is driving the demand for video laryngoscopy worldwide.

Initiatives From Government

The increase in inpatient numbers has led the government to launch various awareness-raising initiatives, which are also expected to drive the market. With the launch of a battery-powered, self-contained, lightweight wireless device, healthcare providers can maintain medical records, track patient health, and obtain data within a limited time.

Opportunities

Associated Beneficial Factors

Direct laryngoscopy is associated with severe conditions such as dental damage, bronchospasm, cardiac arrest or even brain damage. Hence, adopting new techniques such as video laryngoscopy is improving healthcare settings. It involves innovative products and techniques aided in the higher adaptation of these devices worldwide.

Increasing Demand for Minimally Invasive Procedures

Awareness regarding minimally invasive procedures is more important to the video laryngoscopes. Among the type of laryngoscopy, direct laryngoscopy is expected to contribute the maximum share compared to indirect laryngoscopy during the forecast period. Although, there are some side effects associated with the laryngoscopy techniques, namely internal bleeding, breathing problems, voice pitch complications, and irritation.

Global Video Laryngoscope Market Scope

The global video laryngoscope market is segmented on the basis of product, usage, channel type, device type and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

Rigid

Flexible

Usage

Reusable

Disposable

Channel Type

Non-Channelled

Channelled

Device Type

Cart-based

Handheld

End-User

Pre-hospital

In-hospital

Other

   ENT Clinics

   Training/Teaching

To Get a Detailed Table of Contents (TOC), please Click Here at @ https://www.databridgemarketresearch.com/toc/?dbmr=global-video-laryngoscope-market

Video Laryngoscope Market Regional Analysis/Insights

The video laryngoscope market is analysed and market size insights and trends are provided by product, usage, channel type, device type and end-user as referenced above.

The major countries covered in the video laryngoscope market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the video laryngoscope market due to the increasing prevalence of respiratory disorders in adults as well as the paediatric population.

Asia-Pacific is expected to show a significant growth rate over the forecast period of 2022 to 2029 due to the high disease burden, huge unmet needs of patients, frequent infrastructural and technological up-gradation in the medical device industry, and an increase in healthcare expenditure in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Key players operating in the video laryngoscope market include:

Ambu A/S (Denmark)

Medtronic (U.S.)

KARL STORZ SE & Co. KG (Germany)

NIHON KOHDEN CORPORATION (Japan)

Verathon Inc. (U.S.)

Salter Labs (U.S.)

VDO Medical Inc. (China)

Olympus Corporation (Japan)

Hebei Vimed Medical Device Co., Ltd. (China)

Browse Detailed Summary of Research Report with TOC: https://www.databridgemarketresearch.com/reports/global-video-laryngoscope-market

Research Methodology: Global Video Laryngoscope Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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About Data Bridge Market Research, Private Ltd

Data Bridge Market Research Pvt Ltd is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability levels and advanced approaches. We are committed to uncovering the best consumer prospects and fostering useful knowledge for your company to succeed in the market.
Data Bridge Market Research is a result of sheer wisdom and practice that was conceived and built-in Pune in the year 2015. The company came into existence from the healthcare department with far fewer employees intending to cover the whole market while providing the best class analysis. Later, the company widened its departments, as well as expand its reach by opening a new office in the Gurugram location in the year 2018, where a team of highly qualified personnel joins hands for the growth of the company. "Even in the tough times of COVID-19 where the Virus slowed down everything around the world, the dedicated team of Data Bridge Market Research worked round the clock to provide quality and support to our client base, which also tells about the excellence in our sleeve."

Contact us:
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Corporatesales@databridgemarketresearch.com

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