Video Laryngoscope Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Video Laryngoscope Market
The video laryngoscope market size was valued at USD 219.7 million in 2019, and the market is now projected to grow USD 795.0 million in 2027, exhibiting a CAGR of 17.4% during the forecast period of 2024-2027.
The COVID-19 pandemic had a major influence on the video laryngoscope market as patients with viral pneumonia needed safer methods of intubation to reduce transmission. COVID positive patients increased the usage of video laryngoscopes as hospitals looked for non-contact or low contact methods. The market also realized new developments in the design of remote monitoring features with an aim to improving safety. Contract manufacturing issues and volatile business environment put pressure on early growth, yet recovery based on acknowledgement of novel medical equipment. In general, the pandemic advanced the evolution to the cutting-edge airway management technologies.
The increasing rate of failed intubation with direct laryngoscope particularly coupled with life threatening consequences such as dental damage, laryngeal spasm, and mortality has created urge for better airway management. New laryngoscopes with advanced reinvention features provide higher precision and thus decrease potential adverse outcomes. Video laryngoscopes are gaining popularity because they offer real time visualization of the airway by the healthcare providers. In complication with intubation, this trend is underpinned by escalating concern on patient safety. Therefore, the growth trend for the video laryngoscope is now progressively moving upward across the world.
Manufacturers have seen the potential in meeting some of the unmet needs in health care through using video laryngoscopes for complicated intubations. These are aimed at optimizing the results, giving more effective visualization, and raising the levels of patient’s safety. It simply means new devices are developed with attributes like enhanced camera, lightweight and ease to use at large. This ongoing innovation is intended to assist health workers to do intubations more effectively and safely. Thus, the video laryngoscope market is experiencing the advent of sophisticated approaches to satisfy these needs.
Comprehensive Analysis of Video Laryngoscope Market
The video laryngoscope market growth is rising at an exponential rate due to its market segmentation. This market expansion rightly presents a detailed local analysis based on the forces such as supply and demand which define the industry. These segmentations are methodically segregated by product analysis, by type analysis and by end-users analysis. By product analysis include reusable, single-use. By type analysis include integrated display models and cart-based models. By end-users analysis include hospitals, ENT Clinics, and others (pre-hospital, EMS, etc.).
The North America region lead the video laryngoscope market share by benefitting a market size of USD 93.9 million in 2019 due to its developed healthcare infrastructure.
The top players have a significant responsibility in the healthcare industry for confirming industrial prospectus growth and determining the market trends. These players include, VYAIRE MEDICAL, INC., KARL STORZ SE & Co. KG, PRODOL MEDITEC, Marshall Products, Ambu A/S, Intersurgical Ltd., Vivid Medical, Inc., Salter Labs, Verathon Inc., and Medtronic these market players provide a level-playing competitive landscape.
In April 2021, Intersurgical Ltd. launched a Universal Video Laryngoscopy webpage to increase global awareness of its i-view product.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2016-2027
Base Year 2019
Forecast Period 2020-2027
Historical Period 2016-2018
Unit Value (USD million)
Segmentation By Product
Reusable
Single-use
By Type
Integrated Display Models
Cart-based Models
By End Users
Hospitals
ENT Clinics
Others (Pre-hospital, EMS, etc.)
By Geography
North America (the U.S. and Canada)
Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and the Rest of Europe)
Asia-Pacific (Japan, China, India, Australia, Southeast Asia, and the Rest of AsiaPacific)
Latin America (Brazil, Mexico, and the Rest of Latin America)
The Middle East & Africa (GCC, South Africa and the Rest of the Middle East & Africa)Please Note: It will take 5-6 business days to complete the report upon order confirmation.
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Pricing Analysis, by Key Players/ Brands, 2019
- 4.2. Technological Developments in Video Laryngoscopes
- 4.3. Impact of COVID-19 on Global Video Laryngoscope Market
- 4.4. Key Industry Developments - Mergers, Acquisition, Etc.
- 5. Global Video Laryngoscope Market Analysis, Insights and Forecast, 2016-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product
- 5.2.1. Reusable
- 5.2.2. Single-use
- 5.3. Market Analysis, Insights and Forecast – By Type
- 5.3.1. Integrated Display Models
- 5.3.2. Cart-based Models
- 5.4. Market Analysis, Insights and Forecast – By End User
- 5.4.1. Hospitals
- 5.4.2. ENT Clinics
- 5.4.3. Others (Pre-hospital, EMS, etc.)
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America
- 5.5.5. Middle East & Africa
- 6. North America Video Laryngoscope Market Analysis, Insights and Forecast, 2016-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product
- 6.2.1. Reusable
- 6.2.2. Single-use
- 6.3. Market Analysis, Insights and Forecast – By Type
- 6.3.1. Integrated Display Models
- 6.3.2. Cart-based Models
- 6.4. Market Analysis, Insights and Forecast – By End User
- 6.4.1. Hospitals
- 6.4.2. ENT Clinics
- 6.4.3. Others (Pre-hospital, EMS, etc.)
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
- 7. Europe Video Laryngoscope Market Analysis, Insights and Forecast, 2016-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product
- 7.2.1. Reusable
- 7.2.2. Single-use
- 7.3. Market Analysis, Insights and Forecast – By Type
- 7.3.1. Integrated Display Models
- 7.3.2. Cart-based Models
- 7.4. Market Analysis, Insights and Forecast – By End User
- 7.4.1. Hospitals
- 7.4.2. ENT Clinics
- 7.4.3. Others (Pre-hospital, EMS, etc.)
- 7.5. Market Analysis, Insights and Forecast – By Country/ Sub-region
- 7.5.1. U.K.
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Spain
- 7.5.5. Italy
- 7.5.6. Scandinavia
- 7.5.7. Rest of Europe
- 8. Asia pacific Video Laryngoscope Market Analysis, Insights and Forecast, 2016-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product
- 8.2.1. Reusable
- 8.2.2. Single-use
- 8.3. Market Analysis, Insights and Forecast – By Type
- 8.3.1. Integrated Display Models
- 8.3.2. Cart-based Models
- 8.4. Market Analysis, Insights and Forecast – By End User
- 8.4.1. Hospitals
- 8.4.2. ENT Clinics
- 8.4.3. Others (Pre-hospital, EMS, etc.)
- 8.5. Market Analysis, Insights and Forecast – By Country/ Sub-region
- 8.5.1. Japan
- 8.5.2. China
- 8.5.3. India
- 8.5.4. Australia
- 8.5.5. Southeast Asia
- 8.5.6. Rest of Asia Pacific
- 9. Latin America Video Laryngoscope Market Analysis, Insights and Forecast, 2016-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product
- 9.2.1. Reusable
- 9.2.2. Single-use
- 9.3. Market Analysis, Insights and Forecast – By Type
- 9.3.1. Integrated Display Models
- 9.3.2. Cart-based Models
- 9.4. Market Analysis, Insights and Forecast – By End User
- 9.4.1. Hospitals
- 9.4.2. ENT Clinics
- 9.4.3. Others (Pre-hospital, EMS, etc.)
- 9.5. Market Analysis, Insights and Forecast – By Country/ Sub-region
- 9.5.1. Brazil
- 9.5.2. Mexico
- 9.5.3. Rest of Latin America
- 10. Middle East & Africa Video Laryngoscope Market Analysis, Insights and Forecast, 2016-2027
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Product
- 10.2.1. Reusable
- 10.2.2. Single-use
- 10.3. Market Analysis, Insights and Forecast – By Type
- 10.3.1. Integrated Display Models
- 10.3.2. Cart-based Models
- 10.4. Market Analysis, Insights and Forecast – By End User
- 10.4.1. Hospitals
- 10.4.2. ENT Clinics
- 10.4.3. Others (Pre-hospital, EMS, etc.)
- 10.5. Market Analysis, Insights and Forecast – By Country/ Sub-region
- 10.5.1. GCC Countries
- 10.5.2. South Africa
- 10.5.3. Rest of Middle East & Africa
- 11. Competitive Analysis
- 11.1. Key Industry Developments
- 11.2. Global Market Share Analysis (2019)
- 11.3. Competition Dashboard
- 11.4. Comparative Analysis – Major Players
- 11.5. Company Profiles (Overview, Products, SWOT Analysis, Recent Developments, Strategies, Financials (Based on Availability))
- 11.5.1. Ambu A/S
- 11.5.1.1. Overview,
- 11.5.1.2. Products,
- 11.5.1.3. SWOT Analysis,
- 11.5.1.4. Recent Developments,
- 11.5.1.5. Strategies,
- 11.5.1.6. Financials (Based on Availability)
- 11.5.2. KARL STORZ
- 11.5.2.1. Overview,
- 11.5.2.2. Products,
- 11.5.2.3. SWOT Analysis,
- 11.5.2.4. Recent Developments,
- 11.5.2.5. Strategies,
- 11.5.2.6. Financials (Based on Availability)
- 11.5.3. Medtronic
- 11.5.3.1. Overview,
- 11.5.3.2. Products,
- 11.5.3.3. SWOT Analysis,
- 11.5.3.4. Recent Developments,
- 11.5.3.5. Strategies,
- 11.5.3.6. Financials (Based on Availability)
- 11.5.4. Verathon, Inc.
- 11.5.4.1. Overview,
- 11.5.4.2. Products,
- 11.5.4.3. SWOT Analysis,
- 11.5.4.4. Recent Developments,
- 11.5.4.5. Strategies,
- 11.5.4.6. Financials (Based on Availability)
- 11.5.5. VYAIRE
- 11.5.5.1. Overview,
- 11.5.5.2. Products,
- 11.5.5.3. SWOT Analysis,
- 11.5.5.4. Recent Developments,
- 11.5.5.5. Strategies,
- 11.5.5.6. Financials (Based on Availability)
- 11.5.6. Marshall Products
- 11.5.6.1. Overview,
- 11.5.6.2. Products,
- 11.5.6.3. SWOT Analysis,
- 11.5.6.4. Recent Developments,
- 11.5.6.5. Strategies,
- 11.5.6.6. Financials (Based on Availability)
- 11.5.7. Intersurgical Ltd
- 11.5.7.1. Overview,
- 11.5.7.2. Products,
- 11.5.7.3. SWOT Analysis,
- 11.5.7.4. Recent Developments,
- 11.5.7.5. Strategies,
- 11.5.7.6. Financials (Based on Availability)
- 11.5.8. Vivid Medical, Inc.
- 11.5.8.1. Overview,
- 11.5.8.2. Products,
- 11.5.8.3. SWOT Analysis,
- 11.5.8.4. Recent Developments,
- 11.5.8.5. Strategies,
- 11.5.8.6. Financials (Based on Availability)
- 11.5.9. Salter Labs
- 11.5.9.1. Overview,
- 11.5.9.2. Products,
- 11.5.9.3. SWOT Analysis,
- 11.5.9.4. Recent Developments,
- 11.5.9.5. Strategies,
- 11.5.9.6. Financials (Based on Availability)
- 11.5.10. Prodol Meditec
- 11.5.10.1. Overview,
- 11.5.10.2. Products,
- 11.5.10.3. SWOT Analysis,
- 11.5.10.4. Recent Developments,
- 11.5.10.5. Strategies,
- 11.5.10.6. Financials (Based on Availability)
- 12. Strategic Recommendations
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