Global Anesthesia Video Laryngoscope Market, By Product Type (Rigid Video Laryngoscopes and Flexible Video Laryngoscopes), By Usage Type (Reusable Video Laryngoscopes and Disposable Video Laryngoscopes), By Channel Type (Non-Channeled Video Laryngoscopesand Channeled Video Laryngoscopes), By Device Type (Cart-based Video Laryngoscopes and Handheld Video Laryngoscopes), By End User (Hospitals, ENT Clinics, Ambulatory Settings, and Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$ 426.3 Mn in 2023 and is expected to exhibit a CAGR of 9.3% during the forecast period (2023-2030), as highlighted in a new report published by Coherent Market Insights.
Key market players are focusing on research and development activities to get product approvals from the regulatory authorities, which is driving the global anesthesia video laryngoscope market growth. For instance, in August 2021, Ambu, a company that develops, produces, and markets single-use endoscopy solutions, etc., announced the European regulatory clearance of the company’s latest innovation, Ambu VivaSight 2 DLT, an airway tube with built-in high-resolution camera.
Global Anesthesia Video Laryngoscope Market – Impact of Coronavirus (COVID-19) Pandemic
The World Health Organization (WHO) designated the illness caused by the Severe Acute Respiratory Syndrome Coronavirus 2 (SARS-CoV-2), which first appeared in Wuhan (province of Hubei, China) in the last months of 2019, as "coronavirus disease 2019" or COVID-19. This virus spreads quickly and had a serious negative impact on the economies, social behaviors, and healthcare of every country in the world.
COVID-19 affected the economy in three main ways: by directly affecting production and demand, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to the lockdown, several countries, such as India, China, Brazil, and others, faced problems regarding the transportation of things from one place to another.
However, the COVID-19 had a positive impact on the global anesthesia video laryngoscope market, owing to the less use of coronary stents. For instance in June 30, 2023, according to an article published in the National Center for Biotechnology Information, during the COVID-19 pandemic, the importance of video laryngoscopes (VLs) was emphasized in reducing the risk of infection during tracheal intubation because the use of a VL increases the spatial distance between the patient and the practitioner.
Global Anesthesia Video Laryngoscope Market: Key Developments
On April 18, 2023, Verathon, a global leader in airway management solutions, announced the launch of 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.
In November 2021, Ambu Inc., the world leader in single-use endoscopes, announced that 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% of the nation’s academic medical centers.
Browse 52 Market Data Tables and 38 Figures spread through 165 Pages and in-depth TOC on “Global Anesthesia Video Laryngoscope Market”- Forecast to 2030, Global Anesthesia Video Laryngoscope Market, By Product Type (Rigid Video Laryngoscopes and Flexible Video Laryngoscopes), By Usage Type (Reusable Video Laryngoscopes and Disposable Video Laryngoscopes), By Channel Type (Non-Channeled Video Laryngoscopesand Channeled Video Laryngoscopes), By Device Type (Cart-based Video Laryngoscopes and Handheld Video Laryngoscopes), By End User (Hospitals, ENT Clinics, Ambulatory Settings, and Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa).
Link: https://www.coherentmarketinsights.com/market-insight/anesthesia-video-laryngoscope-market-1933
Key Takeaways of the Global Anesthesia Video Laryngoscope Market:
- The global anesthesia video laryngoscope market is expected to exhibit a CAGR of 9.3% during the forecast period. The merger with emerging economies offers lucrative growth opportunities for players in the global anesthesia video laryngoscope market.
- Among product type segment, the flexible video laryngoscopes segment is expected to exhibit the highest CAGR in the global anesthesia video laryngoscope market during the forecast period. For instance, in March 2022, Mercury Medical, an exclusive North American distributor of Airtraq video laryngoscope and camera system, announced that it had selected Andau Medical as their exclusive Canadian distribution partner for the state-of-the-art Airtraq video laryngoscope product line.
- Among regions, North America is estimated to account for the largest market share in the global anesthesia video laryngoscope market, due to an increase in the number of anesthetics administered to American patients. For instance, in July 7, 2023, according to data published by the American Association of Nurse Anesthesiology, Certified Registered Nurse Anesthetist (CRNAs) administer more than 50 million anesthetics to American patients every year, and currently make up more than 50 percent of the anesthesia workforce.
- Major players operating in the global anesthesia video laryngoscope market are Medtronic, Ambu A/S, Verathon Medical, Karl Storz, Teleflex, Daiken Medical Coopdech, Pentax-AWS, and Vyaire Medical
