Video Laryngoscope Market size was valued at USD 305.85 Mn. in 2022 and the total Video Laryngoscope revenue is expected to grow by 18% from 2023 to 2029, reaching nearly USD 974.5 Mn.
Market Overview
The Video Laryngoscope Market is growing at faster with substantial growth rates over the previous few years and it is estimated that the Market can grow considerably within the forecasted period i.e., 2022 to 2029.
The report provides Video Laryngoscope Market drivers and restraints. The report helps in recognizing the drivers that are driving the Market growth and discovering ways to use these drivers as strengths. Restraints can help you to identify characteristics that are restraining the Market and help you identify them and decrease or improve them before they become an issue. Opportunities are created by external components like changes in the Market, and new consumer trends. This will help you to understand elements that will influence your potential to take advantage of your opportunities. Challenges could create hurdles for your business. The report helps you to identify challenges and ways to encounter them depending on the Market scenario.
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Market Scope
The report provides overall Market insights for manufacturers, suppliers, distributors, and investors in the global Video Laryngoscope Market. The information and data provided in the report may be used by all stakeholders, students, consulting firms, research institutes, industry professionals, journalists, business researchers, etc. in the global Video Laryngoscope Market.
The report also includes factors like Market segmentation, CAGR (Compound Annual Growth Rate), Year-on-Year growth (percent), Porter’s five force model, absolute USD potential, and expected Market cost structure.
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Video Laryngoscope Segmentation Analysis
Based on the product, With a revenue share of more than 63.0% in 2020, the rigid category dominated the market for video laryngoscopes. Segment expansion is anticipated to be fueled by expanding product advancements and investments made by market players. The decreasing use of conventional laryngoscopes is another factor boosting market growth. This is because rigid video laryngoscopes enable the constraints of direct or line-of-sight laryngoscopy to be overcome. For instance, rigid video laryngoscopes require less head adjustment and manipulation than conventional direct laryngoscopy.
Considering the Usage, With a share of about 71.0% in 2020, the reusable segment had the biggest market share. Reusability of the item is a crucial feature in hospitals’ and medical professionals’ purchase decisions. These tools are also favoured over conventional laryngoscopes because of how simple they are to use and how functional they are. Furthermore, a significant element driving the industry is the high cost of reusable laryngoscopes. On the other hand, these reusable video laryngoscopes are more expensive initially but do not need to be changed as frequently, which contributes to their expanding adoption and market share.
by Product
1. Rigid Video
2. Flexible Video
by Usage
1. Reusable Video
2. Disposable Video
by Channel Type
1. Non-Channeled Video
2. Channeled Video
by Device Type
1.Cart-based Video
2. Handheld Video
by End-use 1. In-hospital
2. Pre-hospital
3. Other
Video Laryngoscope Key Players
1. Prodol Meditec
2. Ambu A/S
3. Medtronic
4. KARL STORZ SE & Co. KG
5. Nihon Kohden Corporation
6. Verathon Inc.
7. Salter Labs
8. VDO Medical Inc.
9. AAM Healthcare
10. Hebei Vimed Medical Device Company, Ltd.
11. Olympus Corporation
12. VYAIRE MEDICAL, INC
13. Marshall Products
14. Ambu A/S
15. Intersurgical Ltd.
16. Vivid Medical, Inc.
Regional Analysis
The study delves into the Video Laryngoscope Market in depth, segmenting it into regions. For the analysis, a review of the provincial Market involved with the objective Market, as well as results related to the objective Market, is provided. The review evaluates the Market in North America, South America, Europe, Asia Pacific (APAC), Africa, and the Middle East on a local and country-by-country basis. The Market in each region is thoroughly investigated, enabling for the identification of regional Market trends, restrictions, and development opportunities.
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Key Questions answered in the Market Report are:
- What is Market?
- What is the forecast period of the Market?
- What is the competitive scenario of the Market?
- Which region held the largest Market share in the Market?
- What are the opportunities for the Market?
- What factors are affecting the Market growth?
- Who are the key players of the Market?
- Which company held the largest share in the Market?
- What will be the CAGR of the Market during the forecast period?
- What key trends are likely to emerge in the Market in the coming years?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Video Laryngoscope
- Landscape- Leading key players and other prominent key players.
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