The Anesthesia Video Laryngoscope Market Is Estimated To Increase At A CAGR Of 6.5 Percent During The Forecast Period
A video laryngoscope is a device that allows a comprehensive inspection of the anatomical structure of the larynx. It visualizes airway architecture and allows for endotracheal intubation using video camera technology. The anesthetic video laryngoscope allows doctors to see the larynx from a different perspective, allowing for an ‘around-the-corner view.
From 2019 to 2026, the Anesthesia Video Laryngoscope Market is expected to increase at a CAGR of 6.5 percent, from USD 197.3 million in 2018 to USD 328.12 million in 2026. Anesthesia video laryngoscope use is expanding as healthcare workers become more aware of technologically advanced medical devices and equipment, as well as the benefits these products provide over traditional laryngoscopes. Furthermore, manufacturers' increased attention to product development and manufacturing of technologically advanced items is likely to boost market growth.
Growing awareness among healthcare professionals about technologically advanced video laryngoscopes and their benefits over traditional laryngoscopes is assisting in their extended use outside of hospital settings, which is propelling the global Anesthesia Video Laryngoscope Market forward. Several businesses have recently begun creating self-contained, lightweight, cordless, and battery-operated video laryngoscope solutions that are simple to use.
Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa make up the global Anesthesia Video Laryngoscope Market. Because of its extensive awareness of modern products and research and development activities, North America is likely to contribute a substantial part of the global Anesthesia Video Laryngoscope Market. The presence of well-established healthcare organizations, potential government initiatives in implementing anesthetic video laryngoscope in surgeries, and an ever-improving reimbursement scenario are projected to drive market expansion over the projection period.
Due to improved healthcare systems and greater deployment of minimally invasive surgeries in the region, Europe was the second-largest contributor to the Anesthesia Video Laryngoscope Market. During the projected period, the Asia Pacific and Latin America are expected to gain market share at a quick rate. The growing healthcare infrastructure and rising awareness levels for surgery treatment alternatives are two main drivers projected to fuel market expansion in the Asia Pacific.
Medtronic, Ambu A/S, Verathon Medical, Karl Storz, Teleflex, Daiken Medical Coopdech, Pentax-AWS, and Vyaire Medical are some of the major key players in the Anesthesia Video Laryngoscope Market.
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