Laryngoscopes Market Size, Share, Competitive Landscape, and Trend Analysis Report by Product Type, End User, Usability, and Region: Global Opportunity Analysis and Industry Forecast, 2024-2033

The laryngoscopes market was valued at $784.2 million in 2023 and is estimated to reach $1,773.8 million by 2033, exhibiting a CAGR of 8.6% from 2024 to 2033.

Overview of Laryngoscopes

A laryngoscopy is a medical procedure used by healthcare providers to examine the larynx, also known as the voice box. This procedure employs a laryngoscope, a thin tube equipped with a light, lens, and video camera, allowing providers to take a detailed look at the larynx. Laryngoscopies can be performed in two main settings: a clinic office or an operating room, depending on the specific needs of the patient. In a clinic, it is typically a straightforward procedure, while in an operating room, it involves more complex surgical interventions. The laryngoscope's advanced technology enables providers to diagnose and treat various conditions affecting the larynx, ensuring precise and effective medical care.

Key Takeaways

• The laryngoscopes market study covers 20 countries. The research includes a segment analysis of each country in terms of value ($million) for the projected period from 2024 to 2033.
• More than 1,500 product literatures, industry releases, annual reports, and other such documents of major laryngoscopes industry participants along with authentic industry journals, trade associations' releases, and government websites have been reviewed for generating high-value industry insights.
• The study integrates high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach intends to provide a balanced view of global markets and assist stakeholders in making informed decisions in order to achieve their most ambitious growth objectives.

Industry Trends

• In June 2024, AirLife, a North American manufacturer and distributor of consumable medical devices for anesthesia and respiratory care, announced a partnership with HEINE to offer the visionPRO video laryngoscope. This collaboration enhances AirLife's commitment to a world-class portfolio by providing greater access to HEINE's innovative video laryngoscope. The HEINE visionPRO is a modular, reusable system compatible with various single-use blades, making it ideal for routine intubation procedures. This significant addition underscores AirLife's dedication to delivering high-quality medical devices to healthcare professionals.
• In June 2023, Teleflex Incorporated, a global provider of medical technologies, announced an exclusive U.S. distribution partnership with Shenzhen Insighters Medical Technology Co., Ltd. for the Insighters Video Laryngoscope system. This system, designed for inspecting the upper glottic airway and facilitating endotracheal intubation, includes interchangeable accessories and components that support various intubation scenarios. Clinicians can share and record real-time high-resolution images and videos.

Key Market Dynamics

The rising frequency of throat disorders is expected to significantly boost the demand for laryngoscopes. As more patients experience conditions requiring detailed examination and treatment of the throat, the use of laryngoscopes becomes essential for accurate diagnosis and effective medical intervention. This trend highlights the growing importance of advanced medical tools in managing respiratory and throat-related ailments. Consequently, healthcare providers are likely to invest more in laryngoscopes, leading to an escalation in their market demand. This surge highlights the critical role of laryngoscopes in addressing the increasing prevalence of throat disorders.

Moreover, the high cost of advanced laryngoscopes is a significant barrier to market growth. Despite their superior technology and improved patient outcomes, the steep price tags make them inaccessible for many healthcare providers, particularly in developing regions. This financial hurdle limits widespread adoption and slows down advancements in laryngoscopy procedures. Consequently, the market expansion for laryngoscopes is hindered, as budget constraints force medical institutions to opt for more affordable, albeit less advanced, alternatives. Addressing the cost issue is crucial for enabling broader utilization and fostering growth in the laryngoscope market.

However, advanced endoscopic solutions in laryngoscopes are set to significantly augment their growth in usage in the coming years. These innovations enhance visualization, precision, and patient safety during procedures, making them increasingly essential in medical practice. Improved imaging technologies, minimally invasive techniques, and integration with AI for diagnostic accuracy are key advancements driving this growth. Additionally, the rising prevalence of respiratory disorders and the demand for early diagnosis and treatment further boost the adoption of advanced laryngoscopes.

Throat Cancer Analysis

The rising incidence of throat cancer has initiated a notable surge in the demand for laryngoscopes. Recent developments highlight this trend, as healthcare providers increasingly rely on advanced diagnostic tools to detect and treat throat cancers early. This growing demand reflects a proactive approach in managing the disease, as laryngoscopes play a crucial role in examining the larynx and vocal cords, aiding in accurate diagnosis and precise surgical interventions when necessary. The correlation between increasing instances of throat cancer and heightened demand for laryngoscopes highlights the critical role of medical devices in addressing public health challenges. As medical technology continues to advance, laryngoscopes are expected to evolve further, enhancing their effectiveness in both diagnosis and treatment planning for throat cancers. This trend highlights the healthcare industry's adaptability and responsiveness to emerging health concerns, ensuring improved patient outcomes and quality of care.

Top 5 Economies in Oral Cancer, 2022

Source: World Cancer Research Fund International, Research Dive Analysis, Secondary Research

In 2022, mouth and oral cancer saw 389,846 new cases globally. The top 5 countries with the highest incidence and mortality rates are identified, highlighting a significant global health concern. This highlights the urgent need for awareness, prevention, and effective treatment strategies worldwide, driving the growth of the laryngoscopes market.

Market Segmentation

The laryngoscopes market is segmented into product type, end user, usability, and region. On the basis of product type, the market is divided into video laryngoscopes, standard laryngoscopes, and fiber-optic laryngoscopes. As per end user, the market is segregated into hospitals, medical examination centers, and clinics. Based on usability the market is segmented into reusable laryngoscopes, and single use laryngoscopes. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Country Market Outlook

The rising instances of cough and other chronic diseases in China are expected to significantly drive the growth of the laryngoscope market in the coming years. As chronic respiratory conditions become more prevalent, the demand for accurate and effective diagnostic tools, such as laryngoscopes, is anticipated to increase. These devices are crucial for the examination and treatment of the larynx and related structures, enabling early detection and management of various ailments. With China's healthcare infrastructure continually evolving and expanding, the integration of advanced medical technologies is becoming more widespread. Additionally, increasing awareness among healthcare professionals and patients about the importance of early diagnosis and treatment of throat-related conditions is likely to boost the adoption of laryngoscopes. Consequently, the laryngoscope market in China is poised for substantial growth, supported by the escalating need for improved healthcare solutions to address the surge in chronic diseases.

In July 2020, Nihon Kohden's NK AWS-S200 video laryngoscope, part of its critical care portfolio, was designed for safe and secure intubation, reducing clinicians' exposure to aerosolized particles during procedures, especially with COVID-19 patients. This lightweight device features a high-definition LCD screen and on-screen crosshairs, aiding clinicians of all skill levels. Studies show it provides superior laryngeal views and significantly reduces median intubation times, allowing clinicians to intubate difficult airways in 22.9 seconds well below the recommended 30 seconds and up to 33 seconds faster than other devices.

Competitive Landscape

The major players operating in the laryngoscopes market include Baxter (Hillrom), Medtronic Plc, Nihon Kohden, Olympus Corporation, Ambu A/S, Teleflex Incorporated, Karl Storz, Penlon Ltd., Flexicare Medical Ltd., and Welch Allyn, Inc. Other players in the laryngoscopes market include Clarus Medical LLC and Richard Wolf GmbH.

Recent Key Strategies and Developments

According to a study performed by Cleveland Clinic in March 2024, in adult surgical patients, video laryngoscopy (VL) considerably lowers the number of tries required for effective intubation as compared to direct laryngoscopy (DL),. With only 1.7% of patients needing more than one attempt, VL, which visualizes airway architecture using video technology, proved to be more effective, according to an analysis of 8,429 procedures performed on 7,736 patients. On the other hand, 7.6% of patients required more than one try when utilizing DL. These findings highlight the usefulness of hyperangulated VL in facilitating quicker and more effective intubations, which may improve surgical settings patient outcomes and safety.

Key Sources Referred

1. American Society of Anesthesiologists
2. European Society of Anesthesiology and Intensive Care
3. Teleflex Incorporated
4. Penlon Ltd.
5. Nihon Kohden

Key Benefits for Stakeholders

• This report provides a quantitative analysis of the laryngoscopes market segments, current trends, estimations, and dynamics of the laryngoscopes market analysis from 2023 to 2033 to identify the prevailing laryngoscopes market opportunities.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the laryngoscopes market segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global laryngoscopes market statistics.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global laryngoscopes market trends, key players, market segments, application areas, and market growth strategies.

The market study comprises of all latest technological advancements, including the latest market development by major players operating in the market. Furthermore, the study also comprises detailed analysis of major diseases.

1. Research Methodology

1.1. Desk Research
1.2. Real time insights and validation
1.3. Forecast model
1.4. Assumptions and forecast parameters
1.5. Market size estimation

1.5.1. Top-down approach
1.5.2. Bottom-up approach

2. Report Scope

2.1. Market definition
2.2. Key objectives of the study
2.3. Market segmentation

3. Executive Summary
4. Market Overview

4.1. Introduction
4.2. Growth impact forces

4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities

4.3. Market value chain analysis

4.3.1. List of manufacturers
4.3.2. List of customers

4.4. Innovation & sustainability matrices

4.4.1. Technology matrix
4.4.2. Patent matrix
4.4.3. Regulatory matrix

4.5. Porter’s five forces analysis

4.5.1. Bargaining power of suppliers
4.5.2. Bargaining power of consumers
4.5.3. Threat of substitutes
4.5.4. Threat of new entrants
4.5.5. Competitive Rivalry Intensity

4.6. PESTLE analysis

4.6.1. Political
4.6.2. Economical
4.6.3. Social
4.6.4. Technological
4.6.5. Legal
4.6.6. Environmental

5. Laryngoscopes Market Analysis, by Product Type

5.1. Overview
5.2. Video Laryngoscopes 

5.2.1. Definition, key trends, growth factors, and opportunities
5.2.2. Market size analysis, by region, 2023-2033
5.2.3. Market share analysis, by country, 2023-2033

5.3. Standard Laryngoscopes 

5.3.1. Definition, key trends, growth factors, and opportunities
5.3.2. Market size analysis, by region, 2023-2033
5.3.3. Market share analysis, by country, 2023-2033

5.4. Fiber-optic Laryngoscopes

5.4.1. Definition, key trends, growth factors, and opportunities
5.4.2. Market size analysis, by region, 2023-2033
5.4.3. Market share analysis, by country, 2023-2033

5.5. Research Dive Exclusive Insights

5.5.1. Market attractiveness
5.5.2. Competition heatmap

6. Laryngoscopes Market Analysis, by End User

6.1. Overview
6.2. Hospitals

6.2.1. Definition, key trends, growth factors, and opportunities
6.2.2. Market size analysis, by region, 2023-2033
6.2.3. Market share analysis, by country, 2023-2033

6.3. Medical Examination Centers

6.3.1. Definition, key trends, growth factors, and opportunities
6.3.2. Market size analysis, by region, 2023-2033
6.3.3. Market share analysis, by country, 2023-2033

6.4. Clinics

6.4.1. Definition, key trends, growth factors, and opportunities
6.4.2. Market size analysis, by region, 2023-2033
6.4.3. Market share analysis, by country, 2023-2033

6.5. Research Dive Exclusive Insights

6.5.1. Market attractiveness
6.5.2. Competition heatmap

7. Laryngoscopes Market Analysis, by Usability

7.1. Overview
7.2. Reusable Laryngoscopes 

7.2.1. Definition, key trends, growth factors, and opportunities
7.2.2. Market size analysis, by region, 2023-2033
7.2.3. Market share analysis, by country, 2023-2033

7.3. Single Use Laryngoscopes

7.3.1. Definition, key trends, growth factors, and opportunities
7.3.2. Market size analysis, by region, 2023-2033
7.3.3. Market share analysis, by country, 2023-2033

7.4. Research Dive Exclusive Insights

7.4.1. Market attractiveness
7.4.2. Competition heatmap

8. Laryngoscopes Market, by Region

8.1. North America

8.1.1. U.S.

8.1.1.1. Market size analysis, by Product Type, 2023-2033
8.1.1.2. Market size analysis, by End User, 2023-2033
8.1.1.3. Market size analysis, by Usability, 2023-2033

8.1.2. Canada

8.1.2.1. Market size analysis, by Product Type, 2023-2033
8.1.2.2. Market size analysis, by End User, 2023-2033
8.1.2.3. Market size analysis, by Usability, 2023-2033

8.1.3. Mexico

8.1.3.1. Market size analysis, by Product Type, 2023-2033
8.1.3.2. Market size analysis, by End User, 2023-2033
8.1.3.3. Market size analysis, by Usability, 2023-2033

8.1.4. Research Dive Exclusive Insights

8.1.4.1. Market attractiveness
8.1.4.2. Competition heatmap

8.2. Europe

8.2.1. Germany 

8.2.1.1. Market size analysis, by Product Type, 2023-2033
8.2.1.2. Market size analysis, by End User, 2023-2033
8.2.1.3. Market size analysis, by Usability, 2023-2033

8.2.2. UK

8.2.2.1. Market size analysis, by Product Type, 2023-2033
8.2.2.2. Market size analysis, by End User, 2023-2033
8.2.2.3. Market size analysis, by Usability, 2023-2033

8.2.3. France

8.2.3.1. Market size analysis, by Product Type, 2023-2033
8.2.3.2. Market size analysis, by End User, 2023-2033
8.2.3.3. Market size analysis, by Usability, 2023-2033

8.2.4. Spain

8.2.4.1. Market size analysis, by Product Type, 2023-2033
8.2.4.2. Market size analysis, by End User, 2023-2033
8.2.4.3. Market size analysis, by Usability, 2023-2033

8.2.5. Italy

8.2.5.1. Market size analysis, by Product Type, 2023-2033
8.2.5.2. Market size analysis, by End User, 2023-2033
8.2.5.3. Market size analysis, by Usability, 2023-2033

8.2.6. Rest of Europe

8.2.6.1. Market size analysis, by Product Type, 2023-2033
8.2.6.2. Market size analysis, by End User, 2023-2033
8.2.6.3. Market size analysis, by Usability, 2023-2033

8.2.7. Research Dive Exclusive Insights

8.2.7.1. Market attractiveness
8.2.7.2. Competition heatmap

8.3. Asia-Pacific

8.3.1. China

8.3.1.1. Market size analysis, by Product Type, 2023-2033
8.3.1.2. Market size analysis, by End User, 2023-2033
8.3.1.3. Market size analysis, by Usability, 2023-2033

8.3.2. Japan 

8.3.2.1. Market size analysis, by Product Type, 2023-2033
8.3.2.2. Market size analysis, by End User, 2023-2033
8.3.2.3. Market size analysis, by Usability, 2023-2033

8.3.3. India

8.3.3.1. Market size analysis, by Product Type, 2023-2033
8.3.3.2. Market size analysis, by End User, 2023-2033
8.3.3.3. Market size analysis, by Usability, 2023-2033

8.3.4. Australia

8.3.4.1. Market size analysis, by Product Type, 2023-2033
8.3.4.2. Market size analysis, by End User, 2023-2033
8.3.4.3. Market size analysis, by Usability, 2023-2033

8.3.5. South Korea

8.3.5.1. Market size analysis, by Product Type, 2023-2033
8.3.5.2. Market size analysis, by End User, 2023-2033
8.3.5.3. Market size analysis, by Usability, 2023-2033

8.3.6. Rest of Asia-Pacific

8.3.6.1. Market size analysis, by Product Type, 2023-2033
8.3.6.2. Market size analysis, by End User, 2023-2033
8.3.6.3. Market size analysis, by Usability, 2023-2033

8.3.7. Research Dive Exclusive Insights

8.3.7.1. Market attractiveness
8.3.7.2. Competition heatmap

8.4. LAMEA

8.4.1. Brazil

8.4.1.1. Market size analysis, by Product Type, 2023-2033
8.4.1.2. Market size analysis, by End User, 2023-2033
8.4.1.3. Market size analysis, by Usability, 2023-2033

8.4.2. UAE

8.4.2.1. Market size analysis, by Product Type, 2023-2033
8.4.2.2. Market size analysis, by End User, 2023-2033
8.4.2.3. Market size analysis, by Usability, 2023-2033

8.4.3. Saudi Arabia

8.4.3.1. Market size analysis, by Product Type, 2023-2033
8.4.3.2. Market size analysis, by End User, 2023-2033
8.4.3.3. Market size analysis, by Usability, 2023-2033

8.4.4. South Africa

8.4.4.1. Market size analysis, by Product Type, 2023-2033
8.4.4.2. Market size analysis, by End User, 2023-2033
8.4.4.3. Market size analysis, by Usability, 2023-2033

8.4.5. Rest of LAMEA

8.4.5.1. Market size analysis, by Product Type, 2023-2033
8.4.5.2. Market size analysis, by End User, 2023-2033
8.4.5.3. Market size analysis, by Usability, 2023-2033

8.4.6. Research Dive Exclusive Insights

8.4.6.1. Market attractiveness
8.4.6.2. Competition heatmap

9. Competitive Landscape

9.1. Top winning strategies, 2022

9.1.1. By strategy
9.1.2. By year

9.2. Strategic overview
9.3. Market share analysis, 2022

10. Company Profiles

10.1. Baxter (Hillrom)

10.1.1. Overview
10.1.2. Business segments
10.1.3. Product portfolio
10.1.4. Financial performance
10.1.5. Recent developments
10.1.6. SWOT analysis

10.2. Medtronic Plc

10.2.1. Overview
10.2.2. Business segments
10.2.3. Product portfolio
10.2.4. Financial performance
10.2.5. Recent developments
10.2.6. SWOT analysis

10.3. Nihon Kohden

10.3.1. Overview
10.3.2. Business segments
10.3.3. Product portfolio
10.3.4. Financial performance
10.3.5. Recent developments
10.3.6. SWOT analysis

10.4. Olympus Corporation

10.4.1. Overview
10.4.2. Business segments
10.4.3. Product portfolio
10.4.4. Financial performance
10.4.5. Recent developments
10.4.6. SWOT analysis

10.5. Ambu A/S

10.5.1. Overview
10.5.2. Business segments
10.5.3. Product portfolio
10.5.4. Financial performance
10.5.5. Recent developments
10.5.6. SWOT analysis

10.6. Teleflex Incorporated

10.6.1. Overview
10.6.2. Business segments
10.6.3. Product portfolio
10.6.4. Financial performance
10.6.5. Recent developments
10.6.6. SWOT analysis

10.7. Karl Storz

10.7.1. Overview
10.7.2. Business segments
10.7.3. Product portfolio
10.7.4. Financial performance
10.7.5. Recent developments
10.7.6. SWOT analysis

10.8. Penlon Ltd.

10.8.1. Overview
10.8.2. Business segments
10.8.3. Product portfolio
10.8.4. Financial performance
10.8.5. Recent developments
10.8.6. SWOT analysis

10.9. Flexicare Medical Ltd. 

10.9.1. Overview
10.9.2. Business segments
10.9.3. Product portfolio
10.9.4. Financial performance
10.9.5. Recent developments
10.9.6. SWOT analysis

10.10. Welch Allyn, Inc.

10.10.1. Overview
10.10.2. Business segments
10.10.3. Product portfolio
10.10.4. Financial performance
10.10.5. Recent developments
10.10.6. SWOT analysis

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