Anesthesia Video Laryngoscope Market

Global Anesthesia Video Laryngoscope Market:

The global anesthesia video laryngoscope market size reached US$ 201.7 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 325.3 Million by 2032, exhibiting a growth rate (CAGR) of 5.3% during 2024-2032. The surging demand for minimally invasive procedures, ongoing technological advancements, rising geriatric population, and the increasing healthcare investments are driving the market's growth.

Anesthesia Video Laryngoscope Market Analysis:

• Major Market Drivers: The rising prevalence of obesity, along with improvements in the healthcare infrastructure, has increased the adoption of anesthesia video laryngoscopes. Moreover, there is a rise in the demand for anesthesia video laryngoscopes to provide ETI to patients in non-operating rooms or off-site settings.
• Key Market Trends: The introduction of product variants that aid in pediatric care by key players is driving the market demand. In addition to this, the growing popularity of minimally invasive surgeries (MIS), is expected to impel the market growth in the coming years.
• Competitive Landscape: Some of the prominent anesthesia video laryngoscope market companies include Ambu A/S, ATMOS MedizinTechnik GmbH & Co. KG, BOMImed Inc., Clarus Medical LLC, Daiken Medical Co Ltd., KARL STORZ SE & Co. KG, Medtronic Plc, Olympus Corporation, Orlvision GmbH, Prosurg Inc., Teleflex Incorporated, Velosal Medical Incorporated, Verathon Inc. (Roper Technologies), and XION GmbH (Henke-Sass, Wolf GmbH), among many others.
• Geographical Trends: According to the anesthesia video laryngoscope market dynamics, North America is one of the prominent regions owing to its advanced healthcare infrastructure, high adoption of new medical technologies, and significant investments in healthcare innovations. Moreover, the European region has a strong demand for anesthesia video laryngoscopes due to advanced healthcare systems, high adoption of new technologies, and a focus on improving surgical outcomes.
• Challenges and Opportunities: High costs associated with video laryngoscopes and regulatory compliances are hampering the market's growth. However, continued innovation in video laryngoscope technology, such as improvements in camera resolution, ergonomics, and integration with other surgical tools, presents opportunities for market growth.
   

Anesthesia Video Laryngoscope Market Trends:

Rising Trend for Minimally Invasive Procedures

The healthcare industry is shifting towards minimally invasive procedures. For instance, according to IMARC, the global minimally invasive surgery market size reached US$ 52.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 91.0 Billion by 2032, exhibiting a growth rate (CAGR) of 6% during 2024-2032. The growing demand for such procedures aligns with the use of video laryngoscopes, which offer precise control and visualization during intubation with minimal patient disruption. These factors are expected to propel the anesthesia video laryngoscope market in the coming years.

Increasing Incidence of Respiratory Diseases

The prevalence of respiratory conditions such as chronic obstructive pulmonary disease (COPD), asthma, and obstructive sleep apnea (OSA) is increasing. For instance, according to the American Lung Association, in 2022, more than 11 million people, or 4.6% of adults, reported having COPD (chronic obstructive lung disease, chronic bronchitis, or emphysema). Also, according to another article published by the World Health Organization (WHO), in 2019, an estimated 262 million individuals were affected by asthma, which claimed around 4,55,000 lives. These conditions often require advanced airway management, boosting the demand for video laryngoscopes. These factors are further positively influencing the anesthesia video laryngoscope market forecast.

Technological Advancements

Innovations in video laryngoscopy technology, including improvements in camera resolution, light sources, and visualization techniques, have made these devices more effective and user-friendly. Enhanced visualization helps in better airway management and reduces the likelihood of complications during intubation. For example, in February 2018, Dilon Technologies Inc. launched CoPilot VL+ onto the market. It is an innovative and award-winning technology designed to assist healthcare providers in obtaining the best possible image of the airway when inserting breathing tubes, thereby boosting the anesthesia video laryngoscope market revenue.

Global Anesthesia Video Laryngoscope Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global anesthesia video laryngoscope market report, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on product, blade type, and end user.

Breakup by Product:

• Rigid Laryngoscope
• Transnasal Flexible Laryngoscope
   

The report has provided a detailed breakup and analysis of the anesthesia video laryngoscope market based on the product. This includes rigid laryngoscope and transnasal flexible laryngoscope.

According to the anesthesia video laryngoscope market outlook, rigid laryngoscopes have a solid, straight, or slightly curved blade that is used to lift the tongue and epiglottis to visualize the vocal cords and facilitate intubation. While a transnasal flexible larynoscope is designed to be inserted through the nasal passage. It has a flexible, thin scope that can navigate the nasal and pharyngeal anatomy to visualize the larynx and vocal cords.

Breakup by Blade Type:

• Channelled Blade Laryngoscope
• Non- Channelled Blade Laryngoscope
   

The report has provided a detailed breakup and analysis of the anesthesia video laryngoscope market based on the blade type. This includes channelled blade laryngoscope and non- channelled blade laryngoscope.

According to the anesthesia video laryngoscope market overview, the channelled blade allows for the simultaneous insertion of the endotracheal tube and other tools, making it particularly valuable in emergency scenarios where rapid intubation is crucial. While non-channelled laryngoscopes are generally less expensive, making them a cost-effective choice for routine intubation procedures in various clinical settings. In settings where high volumes of intubations are performed, such as in general hospitals or surgical centers, non-channelled laryngoscopes are widely used due to their effectiveness and lower cost.

Breakup by End User:

• Hospitals
• Critical Care Centers
• Others
   

A detailed breakup and analysis of the anesthesia video laryngoscope market based on the end user has also been provided in the report. This includes hospitals, critical care centers, and others.

Video laryngoscopes provide a clear, real-time view of the airway, which helps in the accurate placement of endotracheal tubes and reduces the risk of intubation-related complications. Moreover, hospitals encounter a range of cases, including those with challenging airways. Video laryngoscopes are particularly beneficial in such scenarios by offering enhanced visualization and increasing success rates. While in critical care settings, such as ICU and emergency departments, quick and effective airway management is essential. Video laryngoscopes facilitate rapid and accurate intubation, which is vital in emergencies.

Breakup by Region:

• North America
  • United States
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa.

According to the anesthesia video laryngoscope market statistics, the high adoption rate of advanced medical technologies due to the presence of well-established healthcare infrastructure and significant investments in innovation are driving the market's growth in North America. Moreover, strong healthcare infrastructure and high standards of medical care in Europe lead to widespread adoption of advanced medical technologies, including video laryngoscopes.

Competitive Landscape:

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major market companies have also been provided. Some of the key players in the market include: 

• Ambu A/S
• ATMOS MedizinTechnik GmbH & Co. KG
• BOMImed Inc.
• Clarus Medical LLC
• Daiken Medical Co Ltd.
• KARL STORZ SE & Co. KG
• Medtronic Plc
• Olympus Corporation
• Orlvision GmbH
• Prosurg Inc.
• Teleflex Incorporated
• Velosal Medical Incorporated
• Verathon Inc. (Roper Technologies)
• XION GmbH (Henke-Sass, Wolf GmbH)
   

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Anesthesia Video Laryngoscope Market Recent Developments:

• March 2024: Ohio University's College of Health Sciences and Professions collaborated with OhioHealth Grant Medical Center to launch a new anesthesia program.
• January 2023: Timesco Healthcare launched a new video laryngoscope to aid intubation in patients with challenging airways at Arab Health 2023. The Timesco Optima View video laryngoscope provides crystal clear color-corrected output via a high-resolution, wide-angle integrated camera and video display monitor.
• November 2021: Ambu Inc., a single-use endoscopes company, was awarded a contract in the category of Video Laryngoscopes by Vizient Inc., a healthcare performance improvement company in the United States.

Anesthesia Video Laryngoscope Market Report Scope:

Key Questions Answered in This Report:

• How has the global anesthesia video laryngoscope market performed so far and how will it perform in the coming years?
• What are the key regional markets?
• What has been the impact of COVID-19 on the global anesthesia video laryngoscope market?
• What is the breakup of the market based on the product?
• What is the breakup of the market based on the blade type?
• What is the breakup of the market based on the end user?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global anesthesia video laryngoscope market and who are the key players?
• What is the degree of competition in the industry?

Key Benefits for Stakeholders:

• IMARC's report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the anesthesia video laryngoscope market from 2018-2032.
• The research study provides the latest information on the market drivers, challenges, and opportunities in the global anesthesia video laryngoscope market.
• The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
• Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the anesthesia video laryngoscope industry and its attractiveness.
• The competitive landscape allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.