Press release
Video Laryngoscope Market Growth Set to Surge Significantly during 2024 to 2031
The research analysis on the global Video Laryngoscope Market report 2024 offers a close watch on top industry rivals along with briefings on their company profiles, strategical surveys, micro as well as macro industry trends, futuristic scenarios, analysis of pricing structure, and an all-encompassing overview of the Video Laryngoscope Market circumstances in the forecast period between 2024 and 2031. The global Video Laryngoscope Market is a dynamic and rapidly evolving sector, encompassing the development, production, and distribution. This market is essential for improving global market and driving economic growth through innovation and industry advancements.
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Market Growth
The Video Laryngoscope Market has experienced robust growth over the past decade and is projected to continue expanding. Global Video Laryngoscope Market size was valued at USD 123.9 million in 2019 and is poised to grow from USD 130.22 million in 2023 to USD 203.75 million by 2031, growing at a CAGR of 5.1% in the forecast period (2024-2031). This growth is driven by several factors, including an aging global population, increasing prevalence of advancements in technology, and rising global expenditure.
Detailed Segmentation and Classification of the report (Market Size and Forecast - 2031, Y-o-Y growth rate, and CAGR):
The Video Laryngoscope Market can be segmented based on several factors, including product type, application, end-user, and distribution channel. Understanding these segments is crucial for companies looking to target specific markets and tailor their offerings to meet consumer needs.
Product type
Rigid Video Laryngoscopes, Flexible Video Laryngoscopes
Usage type
Reusable Video Laryngoscopes, Disposable Video Laryngoscopes
End-user
Pre-hospital, In-hospital, Others (ENT Clinics, Training/Teaching Etc.)
Channel Type
Non-Channeled Video Laryngoscopes and Channeled Video Laryngoscopes
Device Type
Cart-based Video Laryngoscopes and Handheld Video Laryngoscopes
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Regional Analysis:
On the basis of region, the market is studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The Video Laryngoscope Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Essential regions of the Video Laryngoscope market are:
- Video Laryngoscope North America Market includes (Canada, Mexico, USA)
- Video Laryngoscope Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)
- Video Laryngoscope Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)
- Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)
- Video Laryngoscope South America Market includes (Brazil, Argentina)
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Future Outlook
The Video Laryngoscope Market is poised for continued growth driven by technological advancements, expanding global market access, and increasing global industry needs. As the industry adapts to evolving challenges and seizes emerging opportunities, it is likely to see ongoing innovation and expansion, contributing significantly to global health and economic development."
Top Players in the Global Video Laryngoscope Market
Medtronic plc
Verathon Inc.
Ambu A/S
Karl Storz GmbH & Co. KG
Teleflex Incorporated
Olympus Corporation
Clarus Medical LLC
B. Braun Melsungen AG
VYAIRE MEDICAL, INC.
Intersurgical Ltd.
King Systems
SunMed LLC
Truphatek International Ltd.
Aircraft Medical Ltd.
UE Medical Devices Inc.
XION GmbH
Propper Manufacturing Co. Inc.
Timesco Healthcare Ltd.
ROCAMED
Shenzhen HugeMed Medical Technical Development Co., Ltd.
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