Market Insights
Laryngoscopy refers to the medical examination of the larynx for the purpose of visualizing the vocal cords, upper tracheal rings, etc. Laryngoscopes are used to detect voice disorders, ENT pain, abnormalities, and airway obstruction. Technological innovation and the introduction of video functions in laryngoscopes, along with a growing geriatric population, are the key drivers of the global laryngoscopes market. On the other hand, the risk of procedural injuries to the airway, teeth, and larynx are the factors that hold back the growth of this market. In recent years, the global market has been overcrowded with several me-too products, leaving a gap in terms of the introduction of laryngoscopes that facilitate fool-proof intubation.
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Based on product types, the global laryngoscopes market is classified into video laryngoscopes (flexible and portable) and non-video laryngoscopes (flexible and rigid). Among the considered types of laryngoscopes, the status of non-video laryngoscopes is being majorly challenged by video-enabled substitutes. Further technical advancement has also led to the introduction of robot-assisted video laryngoscopes and the resulting huge demand due to their enhanced precision and success rate. On the basis of usage areas, the global laryngoscopes market is categorized as hospitals, ambulatory surgical centers, and ENT clinics. ENT clinics and hospitals together occupy the largest share of the global market. Higher patient footfall in hospitals and specialty clinics and the advantage of reimbursement mainly drive the dominance of these segments.
Based on geographic trends, it is observed that North America is the current leader in the laryngoscopes market and is expected to retain its dominance throughout the forecast period. The presence of a sizable high-risk geriatric population, as well as the increased prevalence of respiratory conditions and ENT disorders, are the primary growth drivers in the North American market. Regulatory support in terms of swift product approvals and growing demand for video laryngoscopes will open further growth avenues in the region. On the other hand, increasing awareness about minimally invasive procedures, improving healthcare expenditure, and an evolving reimbursement scenario will make Latin America and Asia Pacific the fastest-progressing regional markets.
The global laryngoscopes market is divided into the following categories:
Product Type
Video Laryngoscopes
- Flexible video laryngoscopes
- Portable video laryngoscopes
Non-video Laryngoscopes
- Flexible non-video (fiber) laryngoscopes
- Rigid, non-video laryngoscopes
Usage Areas
- Hospitals
- Diagnostic Centers
- ENT Clinics
Geography
- North America
- Europe
- Germany
- France
- Italy
- U.K.
- Russia
- Rest of Europe
- Asia-Pacific
- India
- China
- Japan
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of Middle East and Africa
Key players identified for the laryngoscopes market include but are not limited to:
Karl Storz GmbH, Medtronic PLC, Clarus Medical LLC, Ambu A/S, Teleflex Incorporated, Rudolf Riester GmbH, Venner Medical GmbH, and many more
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This report offers the following:
- An analysis of several techniques, test types, and regions that would provide a clear understanding of the ongoing and future trends in the global laryngoscopes market
- Assessment of market dynamics, such as drivers, restraints, and opportunities prevalent in the market
- Quantitative assessment of the current market size and future estimations for the period from 2016 to 2026, along with CAGRs for the period from 2018 to 2026
- Company profiles that will highlight key information about the imperative players operating in the global laryngoscopes market
- A holistic overview of the current competitive landscape in the global laryngoscope market
- Insights into the leading product segments and their further position in specific regional markets
