The Global Video Laryngoscope Market: Trends, Drivers, and Opportunities
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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.
Video Laryngoscope Market Overview:
This study categorises the Video Laryngoscope market Size in order to anticipate revenues and analyse trends in each of the sub-markets listed below.
The Competition Strategic Window investigates the competition landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their strengths and future growth possibilities.
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Market Scope:
The Video Laryngoscope Industry research provides readers with a more in-depth insight of the market and competitive landscape, helping them to make better decisions on market growth and expansion. The study includes a participant summary, revenue figures, capital investment, and worldwide Video Laryngoscope market growth rates.
Segmentation:
Depending on the product, With a revenue share of more than 63.0% in 2020, the rigid category dominated the market for video laryngoscopes. Growing product development and investment by market participants will promote segment growth. The fall in the usage of traditional laryngoscopes is another element driving market expansion. This is because rigid video laryngoscopes assist in overcoming the limits of direct or line-of-sight laryngoscopy. For example, rigid video laryngoscopes require less head adjustment and positioning than traditional direct laryngoscopy.
Because of its advantages over rigid video laryngoscopes, the flexible video laryngoscope segment is predicted to grow the fastest during the forecast period. It enables the user to see biopsy tissue and anomalies, as well as aid in the elimination of minor growths, such as polyps, from the region, thereby promoting growth. The camera may also be precisely moved, giving the doctor a clear and complete picture of the vocal cord action. During the forecast period, these factors are expected to fuel segment expansion.
According to the Usage, The reusable sector maintained the highest proportion of more than 71.0% in 2020. The reusability of the equipment is an essential consideration in medical professionals' and hospitals' purchase decisions. Because of their simplicity of use and enhanced capability, these devices are chosen over traditional laryngoscopes. Furthermore, the high cost of reusable laryngoscopes is a significant driver of the industry. These reusable video laryngoscopes, on the other hand, are more expensive initially but do not need to be replaced as frequently, which contributes to their increased adoption and market share.
Global Video Laryngoscope Market Size, by Product (2022-2029)
• Rigid Video
• Flexible Video
Global Video Laryngoscope Market Size, by Usage (2022-2029)
• Reusable Video
• Disposable Video
Global Video Laryngoscope Market Size, by Channel Type (2022-2029)
• Non-Channeled Video
• Channeled Video
Global Video Laryngoscope Market Size, by Device Type (2022-2029)
• Cart-based Video
• Handheld Video
Global Video Laryngoscope Market Size, by End-use (2022-2029)
• In-hospital
• Pre-hospital
• Other
- Global Video Laryngoscope Market: Research Methodology
- Global Video Laryngoscope Market: Executive Summary
- Market Overview and Definitions
- Introduction to Global Video Laryngoscope Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Video Laryngoscope Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global Video Laryngoscope Market Segmentation
- Global Video Laryngoscope Market, by Type (2023-2029)
- Global Video Laryngoscope Market, by Product (2023-2029)
- Global Video Laryngoscope Market, by Application (2023-2029)
- Global Video Laryngoscope Market, by End-User (2023-2029)
- Global Video Laryngoscope Market, by Vertical (2023-2029)
- Regional Video Laryngoscope Market(2023-2029)
- Regional Video Laryngoscope Market, by Type (2023-2029)
- Regional Video Laryngoscope Market, by Product (2023-2029)
- Regional Video Laryngoscope Market, by Application (2023-2029)
- Regional Video Laryngoscope Market, by End-User (2023-2029)
- Regional Video Laryngoscope Market, by Vertical (2023-2029)
- Regional Video Laryngoscope Market, by Country (2023-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Players: The key players are
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 Video Laryngoscope market prediction research is created after a thorough examination of many geographical areas, including Asia-Pacific, Europe, North America, and the rest of the globe. North America has the greatest power over the Video Laryngoscope market share and will continue to be a major shareholder in the global Video Laryngoscope market.
COVID-19 Impact Analysis on Video Laryngoscope Market: The COVID-19 impact on the Video Laryngoscope market is also included in the report
Key Questions Answered in the Video Laryngoscope Market Report are:
- What will be the CAGR of the Video Laryngoscope market during the forecast period?
- Which segment emerged as the leading segment in the Video Laryngoscope market?
- Which are the prominent players in the Video Laryngoscope market?
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