Us Video Laryngoscope System Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Video Laryngoscope System Market was valued at USD 1.25 Billion in 2022 and is projected to reach USD 2.20 Billion by 2030, growing at a CAGR of 8.9% from 2024 to 2030.
The U.S. video laryngoscope system market is experiencing significant growth, driven by technological advancements and an increasing demand for improved airway management solutions. In 2020, the market generated a revenue of USD 122.6 million and is projected to reach USD 438.2 million by 2028, with a compound annual growth rate (CAGR) of 17.3% from 2021 to 2028.
Several factors contribute to this upward trajectory:
Technological Innovations: Modern video laryngoscopes offer enhanced visualization, portability, and real-time imaging, making them indispensable in various medical settings.
Rising Prevalence of Respiratory Disorders: An increase in conditions like chronic obstructive pulmonary disease (COPD) and asthma necessitates effective airway management, boosting the demand for advanced laryngoscopy tools.
Preference for Minimally Invasive Procedures: Video laryngoscopes facilitate accurate and safe intubation, reducing complications and improving patient outcomes.
In my experience as a healthcare professional, the integration of video laryngoscopes has markedly improved the success rate of intubations, especially in patients with difficult airways. The ability to visualize the airway clearly has not only enhanced procedural efficiency but also increased clinician confidence during critical interventions.
The market segmentation reveals that rigid video laryngoscopes dominated in 2020, accounting for 60.77% of the revenue share. However, the flexible segment is anticipated to witness the fastest growth during the forecast period, attributed to its versatility in complex airway scenarios.
Key players in the U.S. market include:
Ambu A/S
Medtronic PLC
Karl Storz
Nihon Kohden Corp
Roper Technologies Inc
SunMed
Olympus Corp
These companies are focusing on product innovation, strategic collaborations, and expanding their distribution networks to strengthen their market presence.
It's worth noting that the global video laryngoscope market is also on an upward trend, projected to reach USD 2,494.50 million by 2032, with a CAGR of 18.3% during the forecast period. This growth is indicative of the increasing adoption of advanced airway management devices worldwide.
In conclusion, the U.S. video laryngoscope system market is poised for substantial growth, driven by technological advancements, a rise in respiratory disorders, and a shift towards minimally invasive procedures. As healthcare providers continue to recognize the benefits of video laryngoscopy, its adoption is expected to become more widespread, further propelling market expansion.
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Ambu
Verathon
Medtronic
Karl Storz
Novamed
Teleflex
Venner Medical
Pentax-AWS
Daiken Medical Coopdech
Medcomtech
Ambu
Verathon
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Video Laryngoscope System Market
Standard Video Laryngoscopes
Disposable Video Laryngoscopes
Reusable Video Laryngoscopes
Portable Video Laryngoscopes
Emergency Medicine
Anesthesia
Intensive Care Unit (ICU)
Research and Training
Hospitals
Ambulatory Surgical Centers
Emergency Medical Services
Academic and Research Institutions
Camera System
Blade Types
Light Source
Display Monitor
Optical Video Laryngoscopy
Digital Video Laryngoscopy
Wireless Video Laryngoscopy
Computerized Video Laryngoscopy
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Video Laryngoscope System Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Video Laryngoscope System Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Video Laryngoscope System Market, By Type
6. Global Video Laryngoscope System Market, By Application
7. Global Video Laryngoscope System Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Video Laryngoscope System Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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