Video Laryngoscope Market Statistics, Segment, Trends and Forecast to 2032

The Global Video Laryngoscope Market Size in 2021 stood at USD 392.3 Million and is set to reach USD 1,847.1 Million by 2030, growing at a CAGR of 18.9%

A video laryngoscope is an equipment that combines a video camera with a blade tip to produce a clear image of the larynx. The video data is displayed on a monitor while the larynx is illuminated. The video laryngoscopy procedure checks the voice cords, throat, and other anatomical elements of the larynx. A strobe light is used during a laryngoscopy to provide the physician with a better view of the glottis and information regarding the voice box. Tissue removal is usually done after an anaesthetic has been administered.

As respiratory disorders become increasingly widespread, the market is growing. Video laryngoscopy is becoming increasingly popular around the world as the prevalence of respiratory disorders rises. As robot-assisted intubation becomes more common, the need for video laryngoscopes is expected to rise. As a result of developments in intubation, manufacturers have devised cutting-edge solutions that provide medical staff with greater assistance and precision. Robot-assisted technologies help to the automation of anaesthetic treatment by relieving the burden on anesthesiologists and improving all areas of patient care. Numerous manufacturers and researchers are investigating robotics for use in a range of laryngoscopy procedures.

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Furthermore, because open/invasive operations are less desirable than minimally invasive ones, the need for minimally invasive laryngoscopic technology is expected to increase in the coming years. Higher patient satisfaction, financial viability, a shorter hospital stay, and fewer postoperative complications are all elements that have led to the shift towards minimally invasive surgeries. Because of its lower surgical risks and faster recovery time, video laryngoscopes are expected to drive market growth. Furthermore, laryngoscopy is a very risk-free operation. As a result, fewer surgical problems and less recuperation time propel the video laryngoscope industry forward.

Furthermore, worldwide video laryngoscope manufacturers are expanding their production operations in underdeveloped countries. Unmet medical needs and rising demand in developing economies are driving the video laryngoscope market opportunity. However, the video laryngoscope industry's expansion is hampered by a scarcity of competent medical professionals, certified experts, and laryngoscopists, particularly in developing and poor nations.

Market Segmentation
The global video laryngoscope market can be segmented based on product type, end-user, and geography.
By product type, the market can be segmented into:
Rigid video laryngoscopes
Flexible video laryngoscopes
Integrated video laryngoscopes

By end-user, the market can be segmented into:
Hospitals
Ambulatory surgical centers
Clinics
Emergency medical services
Overall, the market segmentation allows for a better understanding of the market trends and provides insights into the factors driving the growth of the video laryngoscope market.

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Competitive Landscape
The global video laryngoscope market is highly competitive and fragmented, with a large number of players operating in the market. Some of the major players in the market include:
Medtronic Plc
Karl Storz GmbH & Co. KG
Ambu A/S
Verathon Inc.
Teleflex Incorporated
Vyaire Medical Inc.
Clarus Medical LLC
SunMed LLC
Intersurgical Ltd.
Hillrom Inc.
These companies are focusing on strategies such as mergers and acquisitions, partnerships, collaborations, and new product launches to strengthen their market position. For instance, in August 2021, Medtronic Plc announced the launch of its new McGRATH MAC 3 single-use video laryngoscope in Europe, expanding its portfolio of airway management devices. Other key players in the market include King Systems, Flexicare Medical Limited, HEINE Optotechnik GmbH & Co. KG, Propper Manufacturing Co. Inc., and OBP Medical Corporation, among others. These companies are also adopting various strategies to expand their market presence, such as investing in R&D activities and expanding their distribution networks.

Objectives of the Study:

This report provides a detailed analysis of the global Video Laryngoscope market by product, by type, by end user, and by region.

Give information on market drivers, opportunities, restrictions, and other factors.

Forecasting and analysis for micro markets and the global market.

Market size predictions for North America, Europe, Asia Pacific, Latin America, Middle East and Africa.

Competitive analysis that includes technological advances, product launches, and expansions as well as acquisitions.

Other Features of the Report:

Competitive Analysis
What's Next
Market Data Forecast
Risks and Opportunity Assessment
Market Trends and Dynamics

Some key questions discussed in the report:

Which key factors are driving market growth?
What's the market's expected growth rate in the forecast period?
Which region will hold the largest market share?
What opportunities and threats are vendors facing in this market?
What are the Video Laryngoscope Market's revenue, sales, and price analysis for the top manufacturers?

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