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Laryngoscope Market Share Analysis, Growth Rate, Trends, Segmentation And Forecast To 2032
Laryngoscope Market Share Analysis
The Business Research Company's Laryngoscope Global Market Report 2023 identifies growing prevalence of laryngeal cancers, infections, and chronic respiratory diseases as the major driver for the laryngoscope market's growth in the forecast period. Laryngeal cancer is head and neck cancer that occurs when abnormal (malignant) cells form in the larynx. In2020, approximately 99,840 people died of laryngeal cancer worldwide.
The global laryngoscope market size grew from $0.25 billion in 2022 to $0.28 billion in 2023 at a compound annual growth rate (CAGR) of 11.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global laryngoscope is expected to grow from $0.41 billion in 2027 at a CAGR of 10.0%.
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Major competitors in the laryngoscope market are Ambu, Hill-Rom Holdings, Inc., KARL STORZ, Medtronic, Olympus, HOYA.
A key trend in the laryngoscope market includes robot-assisted laryngoscopy. 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.
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The laryngoscope market is segmented -
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
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the laryngoscope market.
The Business Research Company's "Global Laryngoscope Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Laryngoscope Market Include:
1. Executive Summary
2. Laryngoscope Market Characteristics
3. Laryngoscope Market Trends And Strategies
4. Laryngoscope Market - Macro Economic Scenario
5. Laryngoscope Market Size And Growth
…..
26. Africa Laryngoscope Market
27. Laryngoscope Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Laryngoscope Market
29. Laryngoscope Market Future Outlook and Potential Analysis
30. Appendix
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