The laryngoscopes market is experiencing growth driven by the rising prevalence of laryngeal conditions and increasing awareness among healthcare professionals and patients. With the growing incidence of respiratory disorders and the need for accurate diagnosis and treatment, the demand for laryngoscopes is increasing. Additionally, the focus on patient safety and the awareness of the importance of early detection and management of laryngeal conditions are contributing factors in driving market growth.
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Data Bridge Market Research analyses that the Laryngoscopes Market expected CAGR of the global laryngoscopes market tends to be around 8.50% in the mentioned in 2023 to 2030. The market was valued at USD 760 million in 2022 and would grow to USD 1,459.68 million by 2030. The emphasis on patient safety and the crucial role of accurate airway visualization in reducing complications during intubation procedures is a significant driver of the Laryngoscopes Market. Healthcare professionals prioritize the use of laryngoscopes to ensure safe and successful airway management, leading to increased adoption in the market.
Key Findings of the Study
The increasing prevalence of respiratory diseases is expected to drive the market's growth rate
The increasing prevalence of respiratory diseases directly correlates with the demand for laryngoscopes in the market. As the number of individuals affected by conditions like COPD and asthma rises, healthcare professionals require laryngoscopes to effectively visualize and manage the airway during diagnostic and treatment procedures. The growing burden of respiratory illnesses worldwide drives the need for reliable tools like laryngoscopes, leading to increased market demand and growth in the laryngoscopes mark.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Flexible, Rigid), Category (Indirect Laryngoscope, Direct Laryngoscope), Visualization System (Video Laryngoscopes, Standard Laryngoscopes, Fiber-optic Laryngoscopes), Accessories (Handles, Blades, Fiber Bundles, Shell and Caps, Sets and Kits, Cytology Brush, Bulbs, Battery holders, Bags, Others), Application (Diagnostic, Surgical), End User (Hospitals, Specialty Clinics, Ambulatory Centers, Surgical Centers, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Prodol Meditec S.A (Spain), Ambu A/S (Denmark), Medtronic (U.S.), KARL STORZ (Germany), Nihon Kohden Corporation (Japan), Verathon Inc. (U.S.), Salter Labs (U.S.), VDO Medical Inc. (China), AAM (U.S.), vimed-mac (China), Olympus Corporation (Japan), Prodol Meditec (Spain), Abbott (U.S.), BD (U.S.), HOYA Corporation (Japan), Stryker (U.S.), Hill-Rom Services Inc. (U.S.), SCHOTT AG (Germany)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Segment Analysis:
The global laryngoscopes market is segmented on the basis of type, category, visualization system, accessories, application, and end user.
- On the basis of type, the global laryngoscopes market is segmented into flexible, rigid. The rigid category dominates the type segment of the global laryngoscopes market because rigid laryngoscopes provide better stability and control during intubation procedures. They are commonly used in a variety of clinical settings and offer high durability and reliability compared to flexible laryngoscopes in the forecast period of 2023-2030.
- On the basis of category, the global laryngoscopes market is segmented into indirect laryngoscope, and direct laryngoscope. Direct laryngoscope segment dominates the category segment due to their simplicity and effectiveness in providing a direct line of sight to the vocal cords during intubation procedures, making them a preferred choice for healthcare professionals in the forecast year of 2023-2030.
- On the basis of visualization system, the global laryngoscopes market is segmented into video laryngoscopes, standard laryngoscopes, and fibre-optic laryngoscopes. The video laryngoscopes segment is dominating visualization system segment because Video laryngoscopes offer several advantages such as enhanced visualization, real-time video display, and improved intubation success rates. These features contribute to their growing popularity among healthcare professionals, leading to their dominance in the market in the forecast period of 2023-2030
In 2023, the video laryngoscopes segment is dominating the visualization system segment in, the global laryngoscopes market
In 2023, the video laryngoscopes segment is dominating visualization system segment in, the global laryngoscopes market due to advanced imaging capabilities and improved visualization of the airway during intubation procedures. Video laryngoscopes provide real-time video feedback, enabling healthcare professionals to navigate challenging airways more effectively. The enhanced visualization offered by video laryngoscopes enhances patient safety, reduces intubation difficulty, and increases the success rate of intubation procedures, making it the preferred choice in the market in the forecast period of 2023 to 2030.
- On the basis of accessories, the global laryngoscopes market is segmented into handles, blades, fiber bundles, shell and caps, sets and kits, cytology brush, bulbs, battery holders, bags, others. Handles segments dominates the accessory segment of laryngoscope because handles are an essential component of laryngoscopes, serving as the grip for healthcare professionals during intubation procedures in the forecast period of 2023-2030
- On the basis of application, the global laryngoscopes market is segmented into diagnostic, surgical. The surgical segment tends to dominate the applications due to surgical procedures for intubation and airway management. They enable healthcare professionals to visualize the larynx and guide the placement of the endotracheal tube accurately in the forecast period of 2023-2030.
In 2023 surgical segment dominate the application segment of laryngoscopes market
In 2023 surgical segment dominate the application segment of laryngoscopes market owing to Surgical procedures often require precise airway management and intubation, making laryngoscopes an essential tool. As surgeries involving the airway are performed across different medical specialties, the demand for laryngoscopes in surgical settings outweighs their use in diagnostic applications, resulting in the dominance of the surgical segment in the laryngoscope market.
- On the basis of end user, the global laryngoscopes market is segmented into hospitals, specialty clinics, ambulatory centers, surgical centers, others. Hospitals dominate the laryngoscope market due to several reasons. Hospitals serve as primary healthcare facilities where a wide range of medical procedures, including surgeries and interventions, are performed. Laryngoscopes are extensively used in hospitals for airway management during various procedures, making them the primary end user. The higher patient volume, specialized medical staff, and comprehensive infrastructure of hospitals contribute to their dominance in the laryngoscope market in the forecast period of 2023 to 2030.
Major Players
Data Bridge Market Research recognizes the following companies as the major laryngoscopes Market players in laryngoscopes Market are Prodol Meditec S.A (Spain), Ambu A/S (Denmark), Medtronic (U.S.), KARL STORZ (Germany), Nihon Kohden Corporation (Japan), Verathon Inc. (U.S.),
Market Development
- In July 2020, Nihon Kohden expanded its market offerings and strengthened its laryngoscopes product portfolio with the launch of the NK AWS-S200 video laryngoscope.
- In January 2019 - Adroit Surgical's introduction of the Vie Scope in the North America market facilitated the company's business growth and market expansion.
Regional Analysis
Geographically, the countries covered in the laryngoscopes Market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
As per Data Bridge Market Research analysis:
North America is the dominant region in the laryngoscopes market during the forecast period 2023 - 2030
North America dominates the global laryngoscopes market primarily due to factors such as the rising elderly population with ENT disorders and the presence of well-established healthcare organizations. Additionally, increasing government initiatives promoting the use of laryngoscopes in surgeries contribute to the market's growth in the region.
Asia-Pacific is estimated to experience significant growth region in the laryngoscopes market in the forecast period 2023 - 2030
The Asia-Pacific region has experienced significant growth in the laryngoscope market. This can be attributed to the increasing demand for minimally invasive surgeries and growing healthcare awareness about laryngoscope equipment. Moreover, the region's expanding healthcare expenditure further propels the market's growth within these countries.
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