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The Video Laryngoscope Market was valued at USD 669.2 million in 2023. It is projected to reach USD 3013.79 million by 2032, growing at a compound annual growth rate (CAGR) of 18.2% from 2024 to 2032.
The Video Laryngoscope Market refers to the global market for video laryngoscopes, which are medical devices used for visualizing the larynx during intubation procedures. Intubation is a common medical procedure in which a tube is inserted into a patient's windpipe to facilitate breathing, and video laryngoscopes assist in achieving a clear view of the vocal cords and the airway. Video laryngoscopes consist of a handle with a display screen and a blade or camera at the tip. The camera captures the video image of the larynx, which is displayed on the screen, allowing healthcare professionals to guide the endotracheal tube into the correct position. This technology offers several advantages over traditional direct laryngoscopes, such as better visualization, improved success rates, and reduced complications.
The video laryngoscope market has experienced significant growth in recent years due to the increasing adoption of these devices in hospitals, ambulatory surgical centres, and emergency medical services. The market growth is driven by factors such as the rising incidence of respiratory diseases, the growing geriatric population, and the need for advanced airway management techniques. Additionally, the development of portable and handheld video laryngoscopes has expanded their usage in pre-hospital and emergency settings.
The companies compete in terms of product innovation, technological advancements, and pricing strategies. The market is also influenced by regulatory frameworks, reimbursement policies, and the overall healthcare infrastructure in different regions. The video laryngoscope market is expected to continue growing in the coming years as the demand for advanced airway management techniques and the need for improved patient outcomes persist. Technological advancements, such as the integration of artificial intelligence and wireless connectivity in video laryngoscopes, are also expected to drive market growth. However, it's important to note that specific market data, such as revenue figures or growth rates, may vary depending on the time period and the region of analysis. As respiratory disorders become increasingly widespread, the market is growing. Robot-assisted technologies help the automation of anaesthetic treatment by easing the strain on anaesthesiologists and improving all areas of patient care. Numerous manufacturers and researchers are investigating robotics for use in a range of laryngoscopy procedures.
DRIVERS:
The elderly are more vulnerable to respiratory difficulties and may require intubation for a variety of medical procedures.
possessing more benefits than direct laryngoscopy devices to increase demand in this industry.
Failure to intubate with a direct laryngoscope frequently leads to serious problems such as tooth damage, laryngeal spasm, bronchospasm, dysrhythmias, cardiac arrest, brain injury, or even death. As a result, the use of modern laryngoscopes with visualisation capabilities is expanding in healthcare settings across the world to prevent these disorders.
RESTRAIN:
Video laryngoscopes require routine maintenance and cleaning to guarantee maximum performance and infection prevention. Proper sterilization and disinfection operations might take time and may necessitate the use of additional resources and expertise.
High costs may limit adoption in this industry in emerging countries.
The lower adoption of anaesthetic video laryngoscopes in developing countries as a result of high costs and a lack of advantageous reimbursement policies to give coverage is one of the major factors inhibiting the growth of the video laryngoscope market. According to Medtronic statistics, the cost of reusable devices ranges from USD 1,200 to USD 8,500 depending on their technological speciality, compared to the cost of a single-use standard laryngoscope, which is USD 20.
OPPORTUNITY:
In emerging markets, where healthcare infrastructure and access to innovative medical equipment are expanding, there is a huge prospect for market development.
In this sector, there is a big possibility for telemedicine and remote patient monitoring.
With the rise of telemedicine and remote patient monitoring, video laryngoscopes are finding new applications. These gadgets can be used in remote consultations, where healthcare practitioners can remotely advise and aid intubation operations. Built-in connectivity in video laryngoscopes can improve real-time communication and the capacity to deliver remote healthcare services.
CHALLENGES:
Patients with problematic anatomical variations, restricted airways, or deformed anatomy may create obstacles for video laryngoscopy.
The greatest demand in this industry is for training and skill development.
Proper training and skill development among healthcare workers are required for the effective use of video laryngoscopes. It might be difficult to incorporate video laryngoscopy methods into current training programmes and ensure expertise in interpreting video pictures. The availability of comprehensive training programmes and resources varies by location.
Due to the fact that the majority of medical gadgets are imported from the US and Europe, the Russia-Ukrainian War will have a severe effect on the Russian medical device industry. The financial choice to stop doing business with Russia has social repercussions as well. The findings by Global Data show that the media has responded favorably to Conformist actions. However, these choices appear to be more politically motivated than economically motivated, as minimal financial damage is anticipated from the loss of exported Russian medical products, which, according to Global Data, represent less than 0.04% of the total value of medical devices sold internationally.
There was a huge flight of Ukrainians, mostly to Poland, as a result of the conflict and humanitarian catastrophe there. In terms of providing these individuals with medical, social, and economic care, the armed war in Ukraine and the flood of refugees into Poland provide a unique challenge for the Polish public health system. Some of the issues and difficulties associated with the humanitarian catastrophe brought on by war, the effects of which are being and will also be felt by Poland, include the organization of education and the labour market as well as risks related to the destruction of the social lives and environments of the migrants. As a result, the prices of equipment and related services will also increase in the video Laryngoscope market.
IMPACT OF ONGOING RECESSION
Medical equipment businesses are prepared to withstand a downturn in the economy even as they continue to struggle with pandemic-related issues including employee shortages and a broken supply chain. Although the business should be somewhat resilient to a deeper recession, gadget makers aren't fully immune to possible recessionary challenges. Effects of the ACA may contribute to more steady procedure volumes. The Department of Health and Human Services reports that 30.1 million individuals were uninsured in the fourth quarter of 2022 and that a record number of over 38 million people received insurance under the ACA in early 2023. About all the databases no major impact ongoing recession of the Video Laryngoscope Market.
By Type
Flexible
Rigid
By Usability
Disposable
Reusable
By End User
Clinics
Hospitals
Others
REGIONAL ANALYSIS
North America: North America dominated the video laryngoscopes market, accounting for about 41.0% of sales in 2023. The increase can be linked to the increased frequency of respiratory illnesses in both adults and children. Furthermore, growth in air pollution and cigarette smoke exposure, which causes respiratory illnesses, is expected to boost the market. The existence of strong practice standards set by the American Society of Anaesthesiologists (ASA) and other healthcare organisations, as well as expanding governmental efforts in the area, are projected to drive market expansion.
Asia Pacific: Over the projection period, Asia Pacific is predicted to have the fastest growth rate. It may be ascribed to the region's high illness load, vast unmet patient requirements, regular infrastructural and technical advancements in the medical device sector, and growth in healthcare expenditure. According to WHO research, the increase in morbidity and death rates owing to COPD is most pronounced in the Asian area, with the prevalence rate of COPD expected to reach approximately 8.5% in 2023.
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North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Some major players in Video Laryngoscope Market are Medtronic, Ambu A/S, Nihon Kohden Corporation, Olympus Corporation, KARL STORZ SE & Co. KG, Salter Labs, Verathon Inc., AAM Healthcare, VDO Medical Inc. Hebei Vimed Medical Device Company, Ltd., and other players.
Intersurgical Ltd: In 2021, Intersurgical Ltd announced the introduction of the Universal Video Laryngoscopy web page, with the goal of increasing i-view product awareness internationally.
ZEISS: In 2020, ZEISS International launched the ZEISS NURA video laryngoscope, with the goal of assisting clinicians in maintaining a safe distance from patients during the Covid-19 epidemic.
| Report Attributes | Details |
| Market Size in 2023 | US$ 669.2 Mn |
| Market Size by 2032 | US$ 3013.79 Mn |
| CAGR | CAGR of 18.2% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Flexible, Rigid) • By Usability (Disposable, Reusable) • By End User (Clinics, Hospitals, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Medtronic, Ambu A/S, Nihon Kohden Corporation, Olympus Corporation, KARL STORZ SE & Co. KG, Salter Labs, Verathon Inc., AAM Healthcare, VDO Medical Inc. Hebei Vimed Medical Device Company, Ltd. |
| Key Drivers | • The elderly are more vulnerable to respiratory difficulties and may require intubation for a variety of medical procedures. • possessing more benefits than direct laryngoscopy devices to increase demand in this industry. |
| Market Restraints | • Video laryngoscopes require routine maintenance and cleaning to guarantee maximum performance and infection prevention. Proper sterilization and disinfection operations might take time and may necessitate the use of additional resources and expertise. • High costs may limit adoption in this industry in emerging countries. |
Ans: The Video Laryngoscope Market is expected to grow at a CAGR of 18.2%.
Ans: The market for Video Laryngoscope was worth USD 669.2 Million in 2023 and is expected to increase to USD 3013.79 Million by 2032.
Ans: The growing knowledge of the advantages of employing video laryngoscopes over traditional ones is a major factor driving market expansion.
Ans: The projection period for the Video Laryngoscope market is 2024 to 2031.
Ans: North America led the video laryngoscope market, accounting for more than 41.0% of revenue in 2023.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Video Laryngoscope Market Segmentation, By Type
8.1 Flexible
8.2 Rigid
9. Video Laryngoscope Market Segmentation, By Usability
9.1 Disposable
9.2 Reusable
10. Video Laryngoscope Market Segmentation, By End User
10.1 Clinics
10.2 Hospitals
10.3 Others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Video Laryngoscope Market by Country
11.2.2 North America Video Laryngoscope Market by Type
11.2.3 North America Video Laryngoscope Market by Usability
11.2.4 North America Video Laryngoscope Market by End User
11.2.5 USA
11.2.5.1 USA Video Laryngoscope Market by Type
11.2.5.2 USA Video Laryngoscope Market by Usability
11.2.5.3 USA Video Laryngoscope Market by End User
11.2.6 Canada
11.2.6.1 Canada Video Laryngoscope Market by Type
11.2.6.2 Canada Video Laryngoscope Market by Usability
11.2.6.3 Canada Video Laryngoscope Market by End User
11.2.7 Mexico
11.2.7.1 Mexico Video Laryngoscope Market by Type
11.2.7.2 Mexico Video Laryngoscope Market by Usability
11.2.7.3 Mexico Video Laryngoscope Market by End User
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Video Laryngoscope Market by Country
11.3.1.2 Eastern Europe Video Laryngoscope Market by Type
11.3.1.3 Eastern Europe Video Laryngoscope Market by Usability
11.3.1.4 Eastern Europe Video Laryngoscope Market by End User
11.3.1.5 Poland
11.3.1.5.1 Poland Video Laryngoscope Market by Type
11.3.1.5.2 Poland Video Laryngoscope Market by Usability
11.3.1.5.3 Poland Video Laryngoscope Market by End User
11.3.1.6 Romania
11.3.1.6.1 Romania Video Laryngoscope Market by Type
11.3.1.6.2 Romania Video Laryngoscope Market by Usability
11.3.1.6.4 Romania Video Laryngoscope Market by End User
11.3.1.7 Turkey
11.3.1.7.1 Turkey Video Laryngoscope Market by Type
11.3.1.7.2 Turkey Video Laryngoscope Market by Usability
11.3.1.7.3 Turkey Video Laryngoscope Market by End User
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Video Laryngoscope Market by Type
11.3.1.8.2 Rest of Eastern Europe Video Laryngoscope Market by Usability
11.3.1.8.3 Rest of Eastern Europe Video Laryngoscope Market by End User
11.3.2 Western Europe
11.3.2.1 Western Europe Video Laryngoscope Market by Country
11.3.2.2 Western Europe Video Laryngoscope Market by Type
11.3.2.3 Western Europe Video Laryngoscope Market by Usability
11.3.2.4 Western Europe Video Laryngoscope Market by End User
11.3.2.5 Germany
11.3.2.5.1 Germany Video Laryngoscope Market by Type
11.3.2.5.2 Germany Video Laryngoscope Market by Usability
11.3.2.5.3 Germany Video Laryngoscope Market by End User
11.3.2.6 France
11.3.2.6.1 France Video Laryngoscope Market by Type
11.3.2.6.2 France Video Laryngoscope Market by Usability
11.3.2.6.3 France Video Laryngoscope Market by End User
11.3.2.7 UK
11.3.2.7.1 UK Video Laryngoscope Market by Type
11.3.2.7.2 UK Video Laryngoscope Market by Usability
11.3.2.7.3 UK Video Laryngoscope Market by End User
11.3.2.8 Italy
11.3.2.8.1 Italy Video Laryngoscope Market by Type
11.3.2.8.2 Italy Video Laryngoscope Market by Usability
11.3.2.8.3 Italy Video Laryngoscope Market by End User
11.3.2.9 Spain
11.3.2.9.1 Spain Video Laryngoscope Market by Type
11.3.2.9.2 Spain Video Laryngoscope Market by Usability
11.3.2.9.3 Spain Video Laryngoscope Market by End User
11.3.2.10 Netherlands
11.3.2.10.1 Netherlands Video Laryngoscope Market by Type
11.3.2.10.2 Netherlands Video Laryngoscope Market by Usability
11.3.2.10.3 Netherlands Video Laryngoscope Market by End User
11.3.2.11 Switzerland
11.3.2.11.1 Switzerland Video Laryngoscope Market by Type
11.3.2.11.2 Switzerland Video Laryngoscope Market by Usability
11.3.2.11.3 Switzerland Video Laryngoscope Market by End User
11.3.2.1.12 Austria
11.3.2.12.1 Austria Video Laryngoscope Market by Type
11.3.2.12.2 Austria Video Laryngoscope Market by Usability
11.3.2.12.3 Austria Video Laryngoscope Market by End User
11.3.2.13 Rest of Western Europe
11.3.2.13.1 Rest of Western Europe Video Laryngoscope Market by Type
11.3.2.13.2 Rest of Western Europe Video Laryngoscope Market by Usability
11.3.2.13.3 Rest of Western Europe Video Laryngoscope Market by End User
11.4 Asia-Pacific
11.4.1 Asia-Pacific Video Laryngoscope Market by Country
11.4.2 Asia-Pacific Video Laryngoscope Market by Type
11.4.3 Asia-Pacific Video Laryngoscope Market by Usability
11.4.4 Asia-Pacific Video Laryngoscope Market by End User
11.4.5 China
11.4.5.1 China Video Laryngoscope Market by Type
11.4.5.2 China Video Laryngoscope Market by End User
11.4.5.3 China Video Laryngoscope Market by Usability
11.4.6 India
11.4.6.1 India Video Laryngoscope Market by Type
11.4.6.2 India Video Laryngoscope Market by Usability
11.4.6.3 India Video Laryngoscope Market by End User
11.4.7 japan
11.4.7.1 Japan Video Laryngoscope Market by Type
11.4.7.2 Japan Video Laryngoscope Market by Usability
11.4.7.3 Japan Video Laryngoscope Market by End User
11.4.8 South Korea
11.4.8.1 South Korea Video Laryngoscope Market by Type
11.4.8.2 South Korea Video Laryngoscope Market by Usability
11.4.8.3 South Korea Video Laryngoscope Market by End User
11.4.9 Vietnam
11.4.9.1 Vietnam Video Laryngoscope Market by Type
11.4.9.2 Vietnam Video Laryngoscope Market by Usability
11.4.9.3 Vietnam Video Laryngoscope Market by End User
11.4.10 Singapore
11.4.10.1 Singapore Video Laryngoscope Market by Type
11.4.10.2 Singapore Video Laryngoscope Market by Usability
11.4.10.3 Singapore Video Laryngoscope Market by End User
11.4.11 Australia
11.4.11.1 Australia Video Laryngoscope Market by Type
11.4.11.2 Australia Video Laryngoscope Market by Usability
11.4.11.3 Australia Video Laryngoscope Market by End User
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Video Laryngoscope Market by Type
11.4.12.2 Rest of Asia-Pacific Video Laryngoscope Market by Usability
11.4.12.3 Rest of Asia-Pacific Video Laryngoscope Market by End User
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Video Laryngoscope Market by Country
11.5.1.2 Middle East Video Laryngoscope Market by Type
11.5.1.3 Middle East Video Laryngoscope Market by Usability
11.5.1.4 Middle East Video Laryngoscope Market by End User
11.5.1.5 UAE
11.5.1.5.1 UAE Video Laryngoscope Market by Type
11.5.1.5.2 UAE Video Laryngoscope Market by Usability
11.5.1.5.3 UAE Video Laryngoscope Market by End User
11.5.1.6 Egypt
11.5.1.6.1 Egypt Video Laryngoscope Market by Type
11.5.1.6.2 Egypt Video Laryngoscope Market by Usability
11.5.1.6.3 Egypt Video Laryngoscope Market by End User
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Video Laryngoscope Market by Type
11.5.1.7.2 Saudi Arabia Video Laryngoscope Market by Usability
11.5.1.7.3 Saudi Arabia Video Laryngoscope Market by End User
11.5.1.8 Qatar
11.5.1.8.1 Qatar Video Laryngoscope Market by Type
11.5.1.8.2 Qatar Video Laryngoscope Market by Usability
11.5.1.8.3 Qatar Video Laryngoscope Market by End User
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Video Laryngoscope Market by Type
11.5.1.9.2 Rest of Middle East Video Laryngoscope Market by Usability
11.5.1.9.3 Rest of Middle East Video Laryngoscope Market by End User
11.5.2 Africa
11.5.2.1 Africa Video Laryngoscope Market by Country
11.5.2.2 Africa Video Laryngoscope Market by Type
11.5.2.3 Africa Video Laryngoscope Market by Usability
11.5.2.4 Africa Video Laryngoscope Market by End User
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Video Laryngoscope Market by Type
11.5.2.5.2 Nigeria Video Laryngoscope Market by Usability
11.5.2.5.3 Nigeria Video Laryngoscope Market by End User
11.5.2.6 South Africa
11.5.2.6.1 South Africa Video Laryngoscope Market by Type
11.5.2.6.2 South Africa Video Laryngoscope Market by Usability
11.5.2.6.3 South Africa Video Laryngoscope Market by End User
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Video Laryngoscope Market by Type
11.5.2.7.2 Rest of Africa Video Laryngoscope Market by Usability
11.5.2.7.3 Rest of Africa Video Laryngoscope Market by End User
11.6 Latin America
11.6.1 Latin America Video Laryngoscope Market by Country
11.6.2 Latin America Video Laryngoscope Market by Type
11.6.3 Latin America Video Laryngoscope Market by Usability
11.6.4 Latin America Video Laryngoscope Market by End User
11.6.5 Brazil
11.6.5.1 Brazil America Video Laryngoscope Market by Type
11.6.5.2 Brazil America Video Laryngoscope Market by Usability
11.6.5.3 Brazil America Video Laryngoscope Market by End User
11.6.6 Argentina
11.6.6.1 Argentina America Video Laryngoscope Market by Type
11.6.6.2 Argentina America Video Laryngoscope Market by Usability
11.6.6.3 Argentina America Video Laryngoscope Market by End User
11.6.7 Colombia
11.6.7.1 Colombia America Video Laryngoscope Market by Type
11.6.7.2 Colombia America Video Laryngoscope Market by Usability
11.6.7.3 Colombia America Video Laryngoscope Market by End User
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Video Laryngoscope Market by Type
11.6.8.2 Rest of Latin America Video Laryngoscope Market by Usability
11.6.8.3 Rest of Latin America Video Laryngoscope Market by End User
12. Company profile
12.1 Medtronic
12.1.1 Company Overview
12.1.2 Financials
12.1.3 Product/Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Ambu A/S
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Product/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Nihon Kohden Corporation
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Product/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Olympus Corporation
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Product/Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 KARL STORZ SE & Co. KG
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Product/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Salter Labs
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Product/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Verathon Inc.
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Product/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 AAM Healthcare
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Product/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 VDO Medical Inc.
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Product/Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Hebei Vimed Medical Device Company, Ltd
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Product/Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. Use Case and Best Practices
15. Conclusion
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