The Global Laryngoscope Market Report by The Business Research Company covers laryngoscope market drivers and restraints, laryngoscope market size, major players, and the impact of COVID-19 on the laryngoscope market.
The laryngoscope market consists of sales of laryngoscopes and related services by entities (organizations, sole traders and partnerships) that manufacture laryngoscopes. A laryngoscope is a medical device used to view and examine the larynx and vocal cords in the throat. This device is also used during tracheal intubation in patients requiring ventilator support. Only goods and services traded between entities or sold to end consumers are included.
The growing prevalence of laryngeal cancers, infections and chronic respiratory diseases is one of the key reasons expected to boost laryngoscope market growth.
The global laryngoscope market is expected to grow from $0.132 billion in 2020 to $0.136 billion in 2021 at a compound annual growth rate (CAGR) of 3%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $0.164 billion in 2025 at a CAGR of 5%.
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Some laryngoscope market trends include robot-assisted laryngoscopy. Growing complications or risks associated with advanced and experimental procedures contribute to increased demand for robot-assisted laryngoscopy. The characteristics of robot-assisted devices such as reliability will increase precision levels and have near-absolute geometric accuracy, which helps to reduce the workload of the specialists and improve patient care. Implementing robotic systems leads to faster skill development than manual procedures, and also improves performance and safety. Johns Hopkins University developed a robotic tool to improve surgeons’ access to the larynx (voice box). The experts are designing a robotic laryngoscope that can be used with one hand like a joystick.
Global laryngoscope market segments include:
1) By Type: Indirect Laryngoscope, Direct Laryngoscope.
2) By Product: Video Laryngoscopes, Standard Laryngoscopes, Fiber-optic Laryngoscopes.
3) By End-user: Hospitals, Clinics, Medical Examination Center.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Laryngoscope Global Market Report 2021: COVID 19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides laryngoscope market overviews, analyzes and forecasts market size, share, laryngoscope market players, laryngoscope market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The laryngoscope market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Laryngoscope Global Market Report 2021: COVID 19 Growth And Change to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Ambu, Hill-Rom Holdings, Inc., KARL STORZ, Medtronic, Olympus, HOYA, Roper Technologies, Inc. (Verathon, Inc.), Richard Wolf GmbH, Schoelly Fiberoptic GmbH, Welch Allyn Inc, Timesco Healthcare Ltd, GIMMI GmbH, Zhejiang Tiansong Medical Instrument, XION GmbH, HEINE OPTOTECHNIK GmbH & Co. KG, Truphatek International Ltd, Kangji Medical, Shenda Endoscope, Rudolf Riester GmbH.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Laryngoscope Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Laryngoscope Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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