The Global Anesthesia Video Laryngoscope Market, by Product Type (Un-channeled Video Laryngoscopes and Channeled Video Laryngoscopes), by End User (Hospitals, Critical Care Centers, and Ambulatory Settings), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) was valued at US$ 194.5 million in 2017, and is projected to exhibit a CAGR of 6.8% over the forecast period (2018 – 2026).
The market is expected to grow at significant rate, owing to increasing demand for technologically advanced laryngoscopes due to ease of use and less required time. Increasing demand for technologically advanced laryngoscopes is expected to drive growth of the anesthesia video laryngoscope market Availability and use of anesthesia video laryngoscope is expanding rapidly and these products are easier for anesthesia providers to adopt quickly, as it allows healthcare professionals to safely manage more patients, such as those who might need fiberoptic intubation. Video laryngoscopy has significant advantages for treating complicated cases and also helps patients with quicker intubation times and less trauma. Latest available devices allows professionals to make intubation easier with less trauma for the patient. Furthermore, in comparison to other technologies such as bronchoscopy, the video laryngoscopy devices have comparatively short learning curves, which allow anesthesia professionals to make the shift quickly.
Browse 32 Market Data Tables and 26 Figures spread through 160 Pages and in-depth TOC on “Anesthesia Video Laryngoscope Market, by Product Type (Un-channeled Video Laryngoscopes and Channeled Video Laryngoscopes), by End User (Hospitals, Critical Care Centers, and Ambulatory Settings), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Global Forecast to 2026”
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Large number of video laryngoscopes are available, with the number constantly increasing and many existing devices being modified. Anesthesia video laryngoscope companies are focusing on manufacture and development of technologically advanced products. For instance, in 2017, Verathon Inc., one of the leading marketer and manufacturer of respiratory and imaging medical devices, launched new GlideScope Go video laryngoscope system. The system is easy to use and compact in size. It is a portable, durable, high-resolution system for clinicians in pre-hospital and hospital settings. Furthermore, the manufacturers are focused on strategic collaborations and agreements in order to gain significant market share. For instance, in January 2018, Dilon Technologies acquired the CoPilot VL video laryngoscope for an undisclosed amount to expand its footprint into the airway and anesthesia field. Followed by this acquisition, the company launched CoPilot VL video laryngoscope in February 2018, an advanced airway management device to help providers have the best view of the airway when placing breathing tubes.
Key Takeaways of the Anesthesia Video Laryngoscope Market: