Video Laryngoscope Market (Type - Rigid Laryngoscop, and Transnasal Flexible Laryngoscope; End User - Hospital, ENT Clinics, and Diagnostic Laboratories): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025

  • Published : December, 2019

  • Rep Id : HC0776

  • Category : Healthcare & Medical Devices

  • Status : Published

A recent report published by Infinium Global Research on video laryngoscope market provides in-depth analysis of segments and sub-segments in the global as well as regional video laryngoscope market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional video laryngoscope market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global video laryngoscope market. According to the report, the global video laryngoscope market is projected to grow at a CAGR of 5.5% over the forecast period of 2019-2025.

 

Market Insight

Video Laryngoscope is a medical device that is used to obtain the view of vocal folds, glottis which is part of the larynx. The video laryngoscope finds application in intubation during the administration of general anesthesia, detecting causes of voice problems such as breathing voice, hoarse voice and weak voice, and evaluating difficulty in swallowing and detecting strictures. There are several potential advantages of a video laryngoscope as the system provides high-quality video images that are enlarged on the video monitor for easier visualization. It also provides high accuracy, minimal tissue injury and less scaring.

 

Growing demand for minimally invasive medical procedures is the major driving factor for the growth of the video laryngoscope market. Furthermore, increasing awareness among healthcare professionals about technologically advanced video laryngoscopes and its advantages over traditional laryngoscopes are the factors impelling the growth of the video laryngoscope market. This gives the patient a better experience. The increased reliability, less expensive procedure and increased availability of instruments are the factors driving the growth of the video laryngoscope market. There is an increase in demand for video laryngoscope in the care facilities due to several benefits offered by the device. However, a certain complication of video laryngoscope is likely to lower the adoption of video laryngoscope. The high cost of video laryngoscopes will also pose a challenge for the growth of the video laryngoscope market. Moreover, increasing advancements in the video laryngoscope are expected to increase its benefits and escalate the demand for video laryngoscope in the upcoming years

 

Geographically, North America is the dominant region in the global video laryngoscope market. The U.S. contributes heavily to the growth of the video laryngoscope market. The growth in this region is mainly attributed to the growing elderly population and the high spending capacity of the population. Furthermore, an increase in the prevalence of cancer and other disorders related to larynx are other factors driving the market in North America. Europe holds the second largest market share in the video laryngoscope market due to high investment in healthcare facilities. The Asia Pacific holds the third largest market share in the video laryngoscope market

 

Segment Covered

The report on the global video laryngoscope market covers segments such as type, and end user. On the basis of type, the sub-markets include rigid laryngoscop, and transnasal flexible laryngoscope. On the basis of end user, the sub-markets include hospital, ENT clinics, and diagnostic laboratories.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Orlvision GmbH, Aircraft Medical Limited, King Systems, ATMOS MedizinTechnik GmbH & Co. KG, Olympus Corporation, KARL STORZ GmbH & Co. KG, FUJIFILM SonoSite, Inc., PRODOL MEDITEC, and Verathon Inc.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the video laryngoscope market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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