Anesthesia Video Laryngoscope MarketSize and Trends
The global anesthesia video laryngoscope market size is estimated at US$ 426.3 Mn in 2023 and is expected to reach US$ 796.5 Mn by 2030, growing at a compound annual growth rate (CAGR) of 9.3% from 2023 to 2030.
Global Anesthesia Video Laryngoscope Market Trends:
- Adoption of single-use video laryngoscopes: The adoption of single-use video laryngoscopes has significantly impacted the global anesthesia video laryngoscope market in recent years. Single-use laryngoscopes provide distinct advantages over traditional reusable scopes from an infection control and workflow efficiency standpoint. For instance, in November 2021, Ambu Inc. announced it had been awarded a contract in the category of video laryngoscopes with Vizient Inc., the largest healthcare performance improvement company in the U.S., representing more than half of the hospitals and health systems in the U.S. and serving 97 percent of the nation's academic medical centers.
- Increasing demand for ambulatory surgical centers: The increasing demand for ambulatory surgical centers is positively influencing the global anesthesia video laryngoscope market. As more procedures are shifting from traditional hospital-based settings to ambulatory centers due to factors like affordability, convenience and avoidance of hospital acquired infections, there is a greater emphasis on efficiency and quick turnover of cases in such centers. This has boosted the adoption of advanced medical devices that can help streamline the workflow and reduce dependence on the availability of skilled personnel.
- Development of portable and standalone video laryngoscopes: The development of portable and standalone video laryngoscopes is significantly influencing the global anesthesia video laryngoscope market. These new devices allow for intubation to be performed without the need for other monitors or equipment, making the process much more portable and applicable to a wider variety of clinical settings.