Laryngoscope Market By Type (Rigid Laryngoscopes, Flexible Laryngoscopes, Video Laryngoscopes, Fiber Laryngoscopes, Others) , By Usability (Reusable Laryngoscopes, Disposable Laryngoscopes) By Application (Airway Management, Anesthesia, Emergency Care, Others) By End User (Hospitals, Ambulatory Surgical Centers, Others) : Global Opportunity Analysis and Industry Forecast, 2024-2033
The laryngoscope market was valued at $409.1 million in 2023, and is projected to reach $761.5 million by 2033, growing at a CAGR of 6.4% from 2024 to 2033.
A laryngoscope is a medical instrument used to visually examine the larynx (voice box) and facilitate procedures such as intubation. The device is equipped with a handle and a blade that, when inserted into the mouth, allows the healthcare provider to view the vocal cords and other structures within the airway. Laryngoscopes come in various designs, with rigid and flexible types available for different clinical settings. They play a crucial role in emergency medicine, anesthesia, and other medical specialties that require direct access to the airway for diagnosis or intervention.
The global laryngoscope market is witnessing robust growth due to factors such as alarming increase in the prevalence of respiratory diseases, such as asthma, chronic obstructive pulmonary disease (COPD), and throat cancer and surge in demand for diagnostic tools like laryngoscopes for accurate diagnosis and treatment. According to a study published by the Institute for Health Metrics and Evaluation—a public health research institute—chronic respiratory diseases were responsible for 4.0 million deaths with a prevalence of 454.6 million cases in 2019, ranking as the third leading cause of death. In addition, increase in number of surgeries requiring intubation, including general surgeries, emergency surgeries, and critical care interventions, contributes to the higher demand for laryngoscopes. Furthermore, surge in geriatric population acts as the key driving force of the global market. This is attributed to the fact that aging population is more susceptible to respiratory diseases, vocal cord disorders, and age-related complications, which, in turn, increases the need for laryngoscopy in both diagnostic and therapeutic settings. A 2024 study published by the World Health Organization revealed that the number of aged individuals will increase from 1 billion in 2020 to 1.4 billion by 2030. Moreover, the number of individuals aging 80 years and older is estimated to reach 426 million by 2050. Rise in emergency care services and anesthesia use during surgeries further boosts the adoption of laryngoscopes, particularly in critical care environments. However, high initial cost of advanced laryngoscopes, particularly video and flexible laryngoscopes, acts as a significant barrier for hospitals and clinics, especially in developing regions with limited budgets. In addition, dearth of skilled healthcare professionals to operate and effectively use advanced laryngoscopes significantly hampers the market growth. On the contrary, technological innovations, such as the development of video laryngoscopes and flexible laryngoscopes, are improving the ease and effectiveness of airway management, which are expected to offer remunerative opportunities for the expansion of the global market during the forecast period.
The laryngoscope market is segmented into product type, usability, application, end user, and region. On the basis product type, the market is classified into rigid laryngoscopes, flexible laryngoscopes, video laryngoscopes, fiber laryngoscopes, and others. On the basis of usability, the market is bifurcated into reusable laryngoscope and disposable Laryngoscope. By application, the market is classified into airway management, anesthesia, emergency care, and others. By end user, the market is divided into hospitals, ambulatory surgical centers, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key FindingsBy type, the video laryngoscopes segment is expected to dominate the market from 2024 to 2033.On the basis of usability, the reusable laryngoscope segment is anticipated to exhibit the highest growth during the forecast period.
Depending on application, the airway management segment is projected to lead the laryngoscope market in the upcoming years.
As per end user, the hospitals segment is likely to emerge as the dominant force throughout the forecast period.
Region wise, North America held a substantial share of the global laryngoscope market in 2023; however, Asia-Pacific is expected to grow at a notable pace during the forecast period.
Competition AnalysisThe major players operating in the global laryngoscope market include HEINE Optotechnik GmbH & Co. KG, Medtronic, Olympus Corporation, Baxter International Inc., KARL STORZ , PENTAX Medical, Teleflex Incorporated, IndoSurgicals Private Limited, Flexicare (Group) Limited, and Nihon Kohden Corporation. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships to strengthen their foothold in the competitive market.
Key Market SegmentsBy TypeRigid Laryngoscopes
Flexible Laryngoscopes
Video Laryngoscopes
Fiber Laryngoscopes
Others
By UsabilityReusable Laryngoscopes
Disposable Laryngoscopes
By ApplicationAirway Management
Anesthesia
Emergency Care
Others
By End UserHospitals
Ambulatory Surgical Centers
Others
By RegionNorth America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key Market PlayersHEINE Optotechnik GmbH & Co. KG
Medtronic
Olympus Corporation
Baxter International Inc.
KARL STORZ
PENTAX Medical
Teleflex Incorporated
IndoSurgicals Private Limited
Flexicare (Group) Limited
Nihon Kohden Corporation