What is Global Anesthesia Video Laryngoscope Market?
The Global Anesthesia Video Laryngoscope Market is a specialized segment of the medical device industry that focuses on the production and distribution of anesthesia video laryngoscopes. These are essential tools used by anesthesiologists and other medical professionals to visualize a patient's airway during the administration of anesthesia. The market encompasses a variety of products, including both reusable and single-use laryngoscope blades and handles. The global market value for these devices was estimated at US$ 145 million in 2022, and it is projected to grow to US$ 204.9 million by 2029. This represents a compound annual growth rate (CAGR) of 5.0% during the forecast period from 2023 to 2029.
Channelled Video Laryngoscopes, Un-Channelled Video Laryngoscopes in the Global Anesthesia Video Laryngoscope Market:
In the Global Anesthesia Video Laryngoscope Market, there are two main types of laryngoscopes: Channelled Video Laryngoscopes and Un-Channelled Video Laryngoscopes. Channelled Video Laryngoscopes are the most popular, accounting for about 55% of the market. These devices have a built-in channel that allows for the passage of an endotracheal tube, making them a preferred choice for many medical professionals. On the other hand, Un-Channelled Video Laryngoscopes do not have this feature and require a separate tool for tube placement. Despite this, they still hold a significant portion of the market due to their lower cost and versatility. The top three manufacturers of these devices hold approximately 65% of the global market share, demonstrating a high level of market concentration.
Hospitals, EMS Application, Others in the Global Anesthesia Video Laryngoscope Market:
The Global Anesthesia Video Laryngoscope Market serves a variety of end-users, including hospitals, emergency medical services (EMS), and others. Hospitals are the primary users of these devices, accounting for about 75% of the market. This is likely due to the high volume of surgeries and other procedures requiring anesthesia that take place in hospitals. EMS applications also make up a significant portion of the market. In emergency situations, having a reliable and easy-to-use laryngoscope can be critical for patient outcomes. Other users of these devices may include outpatient surgery centers, clinics, and educational institutions for training purposes.
Global Anesthesia Video Laryngoscope Market Outlook:
In summary, the Global Anesthesia Video Laryngoscope Market is a dynamic and growing segment of the medical device industry. With a wide range of products and a diverse set of end-users, this market is expected to continue its steady growth in the coming years. The increasing demand for these devices, particularly in hospitals and emergency medical services, is likely to drive further innovation and competition among manufacturers.
Report Metric | Details |
Report Name | Anesthesia Video Laryngoscope Market |
Accounted market size in 2022 | US$ 145 million |
Forecasted market size in 2029 | US$ 204.9 million |
CAGR | 5.0% |
Base Year | 2022 |
Forecasted years | 2023 - 2029 |
Segment by Type |
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Segment by Application |
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Consumption by Region |
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By Company | Verathon, Medtronic, Karl Storz, Ambu, NIHON KOHDEN, Venner Medical, Prodol Meditec, Tuoren Group, Salter Labs, Medcaptain Medical Technology, Infinium Medical, Hebei Vimed Medical Device Company |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |