Press release
Global Direct Laryngoscopes Market, By End-Users, is Projected to Grow at a CAGR of 4.9% and is Expected to Reach USD 522.7 Million by 2022
Global Direct Laryngoscopes Market, By End-Users, is projected to grow at a CAGR of 4.9% and is expected to reach USD 522.7 Million by 2022. Among the major end users hospitals and surgery clinics command the major market share of 80.2% in 2015.This large share is primarily attributed to need of skilled professionals, improving healthcare infrastructure, and worldwide increase in number of surgeries along with increasing use of direct laryngoscopes in cardiopulmonary resuscitation, and rising number of laryngoscopy procedures worldwide.
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The global direct laryngoscopes market statistical report by end users published by Market Research future contains a brief overview of global direct laryngoscopes by end users. On the basis of end users the market has been segmented as hospitals and surgery clinics, emergency medical services, military and security forces and other small scale end users. Hospitals and surgery clinics commands the largest share and is expected to grow continuously at a CAGR of 5.1% during the forecasted period of 2017-2022. Use of direct laryngoscopes in emergency medical services (EMS) is comparatively less with only 10% market share and is expected to remain constant throughout the forecasted period. Military and defence services are expected to further lose their market share from 6.2% in 2015 to 5% in 2022. This is majorly due to need of skilled professionals to perform this surgery. Along with that, availability of alternate techniques such as video laryngoscopes, have made the task reasonably easy and effective. The report analysed the global direct laryngoscopes market and presents systematic data of market share on the basis of end users and its growth rate for 2015 to 2017, along with forecast till 2027.
Market Research future through this report aims to provide understanding of the global direct laryngoscopes market on the basis of end users, and also assists identification of ongoing trends along with anticipated growth during the forecasted period. For this research extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted from every end user segment of global direct laryngoscopes market.
Key Questions Answered In This Report·
What will the market size and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
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