Laryngoscopes market is forecasted to grow at a 6% CAGR between 2024 and 2032

Zion Market Research has published a report on the global Laryngoscopes Market, estimating its value at USD 2.72 Billion in 2023, with projections indicating that it will reach USD 4.59 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 6% over the forecast period 2024-2032.

The laryngoscopes market focuses on medical devices designed to visualize the larynx (voice box) and surrounding throat structures. These devices, consisting of a handle and a lighted blade, help doctors examine the airway and perform procedures like tracheal intubation, diagnosing throat conditions, and managing airways in unconscious patients. Laryngoscopes are widely used in emergency medicine, anesthesia, and surgery.

Browse the full “Laryngoscopes Market By Type (Flexible [Video Laryngoscopes, Fiber Laryngoscopes], Rigid) By Application (Diagnostic, Surgical) By End-User (Hospitals, Specialty Clinics, Ambulatory Centres, Surgical Centres, Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024-2032” Report at https://www.zionmarketresearch.com/report/laryngoscopes-market

Growing respiratory disorders, technological advancements, and the demand for minimally invasive procedures drive market growth.

Market Growth Factors

Several factors drive the growth of the laryngoscopes market.

• Increasing prevalence of respiratory diseases: Conditions like COPD, asthma, and pneumonia are increasing worldwide, leading to higher demand for laryngoscopes in diagnosis and treatment.
• Growing geriatric population: Older adults are more prone to respiratory issues, boosting the need for laryngoscopes in medical procedures.
• Advancements in minimally invasive diagnostic tools: Innovations in video laryngoscopy and minimally invasive tools drive market growth.

Restraints

• High cost of advanced laryngoscopes: The high cost of video laryngoscopes limits their adoption in low- and middle-income regions.
• Need for skilled professionals: Proper operation of laryngoscopes requires trained healthcare workers, restricting their widespread use in areas with limited expertise.

Laryngoscopes Market: Report Scope

Market Segmentation

The laryngoscopes market can be segmented based on type, category, visualization systems, accessories, application, end-user, and region.

On the basis of type, the market is divided into flexible and rigid laryngoscopes. Flexible laryngoscopes lead the market due to their ease of use, patient comfort, and minimally invasive procedures.

Based on the category, the market is segmented into direct and indirect types. Indirect laryngoscopes dominate as they offer better visualization and reduce patient discomfort, making them preferred in modern medical settings.

On the basis of visualization systems, the laryngoscopes industry is classified into video laryngoscopes, standard laryngoscopes, and fiber-optic laryngoscopes. Video laryngoscopes are expected to lead due to their high-definition imaging and improved accuracy.

Based on accessories, the laryngoscope industry is segregated into handles, blades, fiber bundles, and others. Blades are the most critical component, as they aid in airway visualization and intubation.

On the basis of application, the market is segmented into diagnostic and surgical applications. Surgical applications hold a larger market share as laryngoscopes are widely used for airway management and surgeries related to the larynx.

On the basis of the end-user, the market is divided into hospitals, specialty clinics, ambulatory centers, and surgical centers. Hospitals dominate the market as they handle a high volume of airway management cases and require laryngoscopes for both emergency and routine procedures.

North America leads the global laryngoscopes market due to multiple factors. The high prevalence of respiratory diseases and significant healthcare spending drive demand for diagnostic and surgical tools. The presence of established medical device companies further strengthens market growth. Advanced healthcare infrastructure and the increasing adoption of video laryngoscopes make the region a key player. Additionally, the rising cases of laryngeal and pharyngeal cancers boost the need for laryngoscopes. North America's high disposable income and a strong focus on disease management further support market expansion.

Key Market Players

Some of the prominent companies operating in the laryngoscopes market include:

• KARL STORZ GmbH & Co.
• NOVAMED USA
• Flexicare Medical
• Penlon Limited
• Rudolf Riester GmbH
• Ambu A/S
• Medtronic plc.
• BOMImed
• Clarus Medical LLC
• Propper Manufacturing Co. Inc.
• Verathon Inc.
• Teleflex Incorporated
• Venner Medical (Germany) GmbH
• Medtronic, among others.

Recent Developments

• In January 2024, Baxter International Inc. completed its acquisition of Hillrom, enhancing its presence in the medical device market.

Global Laryngoscopes Market: Regional Segment Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

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