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Video Laryngoscope Global Market Development, Current Situation, and Prospects, Growth Potential, Industry Analysis, and Forecast (2023-2029) | MMR
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 Report Overview:
The MMR report offers a comprehensive analysis of the Video Laryngoscope market Size, covering its past, present, and historical growth patterns. It provides essential information such as the Compound Annual Growth Rate (CAGR), market size, forecast, revenue share, and pricing trends. By identifying industry-specific challenges, opportunities, and technological advancements, the research assists Video Laryngoscope market players in strategic planning to drive revenue and foster growth. The report delves into both current and emerging trends that have a significant impact on the market’s development at the local, regional, and global levels. This thorough analysis enables market participants to stay well-informed about the latest market dynamics and make informed decisions based on the insights gained from the report.
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Video Laryngoscope Market Research Methodology:
The report offers a comprehensive study of the global and regional Video Laryngoscope market Growth, providing detailed insights into its size and shares. It begins with a thorough market overview, encompassing the definition, structure, and various preventative and pre-planned management approaches within the industry. The report analyzes multiple factors that impact the Video Laryngoscope market share, including gross margin, cost, market share, capacity utilization, and supply. Additionally, it assesses the future potential of the Video Laryngoscope market in the forecast years. The analysis extends to the major players in the Video Laryngoscope market, examining their size, market share, growth, revenue, production volume, and profitability across different countries. This evaluation aids in understanding the structure of the Video Laryngoscope market research. Furthermore, the research highlights the growth strategies employed by key players, such as strategic alliances and other relevant approaches. To provide a comprehensive view, a SWOT analysis is conducted, outlining the strengths and weaknesses of key players in the Video Laryngoscope industry, further enhancing the understanding of market dynamics.
Video Laryngoscope Market Regional Insights
The report is divided into key countries, offering a geographical segmentation that provides insights into the market size, growth rate, and import and export analysis of the Video Laryngoscope market Share. Within these regional and country-specific sections, a comprehensive analysis is conducted to examine the factors that influence the growth of the Video Laryngoscope market Size. This analysis takes into account various aspects such as economic, social, and political factors, as well as technological advancements and market trends specific to each region. Additionally, the report discusses changes in market regulations that impact current and future market trends. By delving into these factors, the analysis helps gain a deeper understanding of the market dynamics and the specific factors driving its growth within different regions and countries. This information is invaluable for businesses operating in the Video Laryngoscope market as it allows them to tailor their strategies and approaches to effectively capitalize on regional opportunities and overcome potential challenges.
Video Laryngoscope Market Segmentation:
by Product
1. Rigid Video
2. Flexible Video
Based on Product, In 2020, the rigid segment dominated the market for video laryngoscopes, with a revenue share of more than 63.0%. Growing product developments and investments by market participants are expected to drive segment growth. Another factor driving the market growth is the decline in the use of traditional laryngoscopes. This is due to the fact that rigid video laryngoscopes help overcome the limitations of direct or line-of-sight laryngoscopy. Rigid video laryngoscopes, for example, require less head manipulation and positioning than traditional direct laryngoscopy.
by Usage
1. Reusable Video
2. Disposable Video
Based on the Usage, In 2020, the reusable segment held the largest share of more than 71.0%. The device’s reusability is an important factor influencing medical professionals’ and hospitals’ purchasing decisions. These devices are also preferred over traditional laryngoscopes due to their ease of use and increased functionality. Furthermore, the high cost of reusable laryngoscopes is a major factor driving the segment. These reusable video laryngoscopes, on the other hand, are more expensive upfront but do not need to be replaced as frequently, contributing to their growing adoption and market share.
by Channel Type
1. Non-Channeled Video
2. Channeled Video
Based on the Channel Type, The non-channeled segment dominated the video laryngoscope market and held the largest revenue share of 53.0% in 2020 due to benefits such as the blades allowing more flexibility while intubating patients and being suited for experienced users. Non-channeled blades are generally easier to insert than channeled blades. These also provide more flexibility in the method of securing the airway for experienced users. As a result, experienced users may prefer non-channeled blades over channeled blades. Karl Storz’s Flexible Intubation Video Endoscopes (FIVE) integrate with the company’s C-MAC system to provide customers with a complete airway management system. The lack of a channel also makes cleaning the instrument quick and simple.
by Device Type
1.Cart-based Video
2. Handheld Video
Based on the Device Type, The cart-based segment dominated the video laryngoscope market, accounting for more than 62.0% of the video laryngoscope market in 2022. This is because these laryngoscopes are commonly used in hospital settings, where the majority of intubation and other airway management procedures are performed. Cart-based video laryngoscopes provide a larger and clearer view of the airway passage, allowing for more precise tracheal tube insertion. This is the primary driver expected to contribute to segment growth. The C-MAC S by Karl Storz, for example, is a cart-based video laryngoscope that aids intubation by providing a clear and unobstructed view of the airway and vocal cords.
by End-use
1. In-hospital
2. Pre-hospital
3. Other
Based on the End-use, Due to the high number of airway management procedures performed in these facilities, the in-hospital segment dominated the video laryngoscope market and held the largest revenue share of more than 54.0% in 2022. When compared to traditional direct laryngoscopy, the use of video laryngoscopes has increased because the improved visualization contributes to successful intubation on the first attempt, making the process safer for patients and physicians.
Video Laryngoscope Market Key Players:
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.
- 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 Questions answered in the Video Laryngoscope Market Report are:
- What was the size of the Video Laryngoscope market in 2022?
- What is the projected size of the Video Laryngoscope market by the end of the forecast period?
- Which segment has the largest Video Laryngoscope market share?
- What is the competitive scenario of the Video Laryngoscope market?
- What are the main factors driving the growth of the Video Laryngoscope market?
- Which region held the maximum Video Laryngoscope market share in 2022?
- Which regional Video Laryngoscope market is expected to grow at a high rate during the forecast period?
- What is the CAGR of the Video Laryngoscope market during the forecast period?
- Who are the major players in the Video Laryngoscope market?
Key Offerings:
- A detailed Market Overview
- Video Laryngoscope Market Share, Size & Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments and sub-segments
- Regional Insights
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
To Gain More Insights into the Market Analysis, Browse Summary of the Research Report: https://www.maximizemarketresearch.com/market-report/video-laryngoscope-market/164776/
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