Anesthesia Video Laryngoscope Market, By Product Type (Rigid Video Laryngoscopes, Flexible Video Laryngoscopes), By Usage Type (Reusable Video Laryngoscopes, Disposable Video Laryngoscopes), By Channel Type (Non-Channeled Video Laryngoscopes, Channeled Video Laryngoscopes), By Device Type (Cart-based Video Laryngoscopes, Handheld Video Laryngoscopes), By End User (Hospitals, ENT Clinics, Ambulatory Settings, Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

Published In : Jan 2024

Code : CMI1933

Pages :165

Formats :

Excel and PDF

Industry : Medical Devices

Market Challenges And Opportunities

Restraints & Challenges:

High cost of video laryngoscopes
Lack of skilled professionals
Limited medical reimbursement policies

Global Anesthesia Video Laryngoscope Market Drivers:

Increasing prevalence of respiratory diseases: The increasing prevalence of respiratory diseases globally is one of the major factors fueling the growth of the global anesthesia video laryngoscope market. For instance, according to an article published in the National Center for Biotechnology Information in March 2022, the estimated pooled prevalence of chronic obstructive pulmonary disease (COPD) was 11.1% in South Asian countries in 2021. The report also mentioned that the prevalence of COPD was highest in North India (19.4%) and Bangladesh (13.5%).
Rising geriatric population: The geriatric population aged 65 years and older is experiencing substantial growth globally. According to data from the United Nations, the percentage of the world's population over 65 is projected to rise from 9% to 16% between 2019 and 2050. Traditional video laryngoscopes help intubation procedures for older patients by providing doctors with an enhanced view of the airway without having to align their direct line of sight, which becomes more difficult with age due to neck stiffness and reduced mobility. This improves first-pass success rates and reduces hypoxic incidents, especially for elderly patients who may have comorbid conditions like cardiovascular complications.
Increasing number of ENT procedures: The rise in ENT procedures globally is a major factor augmenting the growth of the anesthesia video laryngoscope market. As the prevalence of ear, nose, and throat disorders is increasing rapidly worldwide owing to pollution, lifestyle changes, and prolonged screen time, the demand for various ENT surgical procedures like tonsillectomy, sinus surgeries, cochlear implants, etc. is escalating swiftly.

Global Anesthesia Video Laryngoscope Market Opportunities:

Development of user-friendly video laryngoscopes: The development of user-friendly video laryngoscopes presents a major opportunity in the global anesthesia video laryngoscope Video laryngoscopes that are easier for healthcare professionals to use could help drive broader adoption of the technology. Laryngoscopy procedures that involve inserting tubes or cameras down a patient's throat to view the vocal cords and entrance to the windpipe can be difficult, even for experienced anesthesiologists and nurses. For instance, on April 18, 2023, Verathon, a global leader in airway management solutions, announced the launch of the GlideScope Spectrum QC with QuickConnect technology. This new, extensive portfolio of single-use video laryngoscopes features a unique, magnetic connector coupled with image quality enhancements to support fast, effective airway management.
Increase in product approvals: The anesthesia video laryngoscope market has shown significant promise in recent years owing to the increasing product approvals from the regulatory authorities over the forecast period. For instance, in May 2021, Ambu A/S, the world leader in single-use endoscopes, received the U.S. FDA clearance for VivaSight 2 DLT. This enabled the company to commercialize the product and extend its single-use pulmonology lineup.