Video Laryngoscope Market (By Product: Rigid Video Laryngoscopes, Flexible Video Laryngoscopes; By Usage Type: Reusable Video Laryngoscopes, Disposable Video Laryngoscopes; By Channel Type: Non-Channeled Video Laryngoscopes, Channeled Video Laryngoscopes; By Device Type: Cart-based Video Laryngoscopes, Handheld Video Laryngoscopes; By End-use: Pre-hospital, In-hospital, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast 2021 - 2028

Category : Healthcare and Pharmaceuticals | Delivery Format : PDF | Status: Published | Pages : 190

The global video laryngoscope market is expected to grow at a CAGR of around 20.5% from 2021 to 2028 and expected to reach the market value of around US$ 735.8 Mn by 2028.

A video laryngoscope is a type of direct laryngoscope in which the clinician does not see the larynx directly. A fiber optic or digital laryngoscope inserted transnasally or transorally is used for better visualization of the larynx.

Market Drivers

Big calls for "video laryngoscopes" in the healthcare sector

Adequate airway management is critical for patient safety. As an alternative to direct laryngoscope, new tools have been developed. Among these, video laryngoscope has grown in popularity and is now regarded as a first-line technique in airway management. This is due to increased effectiveness combined with multi-person visualization, which improves patient safety during airway management provided by video laryngoscope. Such factors contribute to the expansion of the global video laryngoscope market.

Video Laryngoscope offers 100% gains for the clinicians foster the growth of worldwide market

According to a report released by HealthManagement.org, up to 1,000,000 emergent intubations are performed annually in the acute care setting, both in and out of hospital, in the United States alone. Several studies have shown that there is a wide range of success rates for endotracheal intubation (ETI). It is estimated that 20 clinical trials are required to achieve a 90% success rate, but clinical opportunities for healthcare providers are limited. As a result, as we enter the era of laryngoscopy, questions arise about whether DL will continue to be a viable technical skill to maintain. The video laryngoscope serves as a guiding tool, allowing for consistency in measurement and assessment of airway manipulation. Furthermore, recorded video laryngoscopes provide valuable information to the instructor not only during intubation but also in educating providers by identifying deficiencies or skills that result in unsuccessful or successful attempts. The aforementioned factors have a positive impact on the video laryngoscope market, causing it to grow exponentially during the study period.

Video laryngoscope associated reliability for the healthcare clinicians fuel the growth of global market

According to a report published by the American Society of Anesthesiologists, many healthcare practitioners are now using video laryngoscopes to manage difficult airways. The American Society of Anesthesiologists concluded that a video laryngoscope is superior to a conventional direct laryngoscope in a variety of airway scenarios and as a rescue intubation device. Furthermore, clinicians believe that patients who have difficulty with direct laryngoscopy benefit from the improved laryngeal view rendered on the screen by video technology when compared to direct laryngoscope. When tested on 300 patients, the use of advanced C-MAC video laryngoscope (93%) achieved a higher success rate than direct laryngoscope (84%). As a result, the use of a video laryngoscope in the setting of predicted difficult airway results in a higher success rate of tracheal intubation when compared to a direct laryngoscope.

Market Segmentation

The global video laryngoscope market is segmented as product, usage type, channel type, device type, and end-user. Based on the product, the market is bifurcated into rigid video laryngoscopes and flexible video laryngoscopes. Based on the usage type, the market is classified into reusable video laryngoscope and disposable video laryngoscope. Channel type is segregated as non-channeled video laryngoscope and channeled video laryngoscope. Based on the device type, the market is segmented as cart-based video laryngoscope and handheld video laryngoscope. Furthermore, end-user is segmented as pre-hospital, in-hospital, and others (ENT clinics, Training/Teaching, etc.)

According to product type, the rigid video laryngoscope segment accounts for a significant share of the global video laryngoscopes market. This is because rigid video laryngoscopes are successful in the first attempt of intubation in 80.5% of the population. Furthermore, when compared to rigid laryngoscope, direct laryngoscope is more likely to fail multiple times during the first intubation attempt. In addition, a rigid laryngoscope is used as a first-try intubation device in both the operating room and in an emergency situation. The aforementioned factors boost segmental growth, thereby contributing to the expansion of the global video laryngoscope market.

Based on usage type, the reusable segment held the dominating share in 2020 and is expected to maintain this trend throughout the forecast period. When compared to traditional video laryngoscope, reusable video laryngoscope is preferred for its ease of operation and handling with multifaceted function, which is one of the key factors that attribute for segmental growth, ultimately contributing to the overall video laryngoscope market growth during the projected period.

In terms of end-user segmentation, the in-hospital segment contributes to segmental growth, which in turn fuels the market growth. Historically, in-hospital airway management has dominated the overall market because emergency airway management frequently includes a combination of factors that raise the technicality of intubation while also increasing patient risk. As video laryngoscopes have greater potential, they are in high demand in hospitals. Such factors stimulate the growth of overall video laryngoscope market.

Regional Landscape

North America dominates the video laryngoscope market; Asia Pacific to register fastest growing CAGR in the forthcoming years

North America has held the dominating share of the video laryngoscope market in the past and is expected to do so again during the forecast period. One of the major factors influencing regional growth is the increasing use of video laryngoscopes in hospitals in North America. Furthermore, new product launches and favorable government policies for quick product approvals stimulate growth in North America, ultimately contributing to the overall growth of the video laryngoscope market.

Asia Pacific, on the other hand, is expected to have the fastest growing CAGR in the video laryngoscope market. The presence of key players in this region, along with consistent new product launches, supports the growth of the video laryngoscope market in the APAC regional market. For example, in September 2016, Olympus Corporation announced the introduction of big screen surgery with ultra HD specialization for ENT surgeons. Such prominent factors stimulate the overall market growth.

Competitive Landscape

The prominent players of the global video laryngoscope market involve PRODOL MEDITEC, Ambu A/S, Medtronic plc, Karl Storz SE & Co. KG, Salter Labs, AAM Healthcare, Hebei Vimed Medical Device Company, Ltd., and among others

Market Segmentation

Market By Product

Rigid Video Laryngoscopes
Flexible Video Laryngoscopes

Market By Usage Type

Reusable Video Laryngoscopes
Disposable Video Laryngoscopes

Market By Channel Type

Non-Channeled Video Laryngoscopes
Channeled Video Laryngoscopes

Market By Device Type

Cart-based Video Laryngoscopes
Handheld Video Laryngoscopes

Market By End-use

Pre-hospital
In-hospital
Others (ENT Clinics, Training/Teaching Etc.)

Market By Geography

North America
•    U.S.
•    Canada

Europe
•    U.K.
•    Germany
•    France
•    Spain
•    Rest of Europe

Asia-Pacific
•    China
•    Japan
•    India
•    Australia
•    South Korea
•    Rest of Asia-Pacific

Latin America
•    Brazil 
•    Mexico
•    Rest of Latin America

Middle East & Africa
•    GCC
•    South Africa
•    Rest of Middle East & Africa


Frequently Asked Questions

Video laryngoscope market is expected to reach a market value of around US$ 735.8 Mn by 2028.

The video laryngoscope market is expected to grow at a CAGR of around 20.5% from 2021 to 2028.

Based on product, rigid video laryngoscopes segment is the leading segment in the overall market.

Video laryngoscope associated reliability for the healthcare clinician is one of the prominent factors that drive the demand for video laryngoscope market.

PRODOL MEDITEC, Ambu A/S, Medtronic plc, Karl Storz SE & Co. KG, Salter Labs, AAM Healthcare, Hebei Vimed Medical Device Company, Ltd., and among others.

North America is anticipated to grab the highest market share in the regional market

Asia Pacific is expected to be the fastest growing market in the forthcoming years

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