The global video laryngoscope market size is anticipated to reach USD 2,150.2 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 18.3% from 2024 to 2030. The growing number of respiratory disorders and increasing preference for video laryngoscopy over direct laryngoscopy are boosting the growth.
The rising incidence of COPD is expected to increase the adoption of advanced airway management devices such as video laryngoscopes and minimize the healthcare expenditure associated with the use of conventional methods. Moreover, the rise inpatient population has led the government to undertake various initiatives to raise awareness, which is also anticipated to drive the market. The battery-operated, self-contained, lightweight, and wireless devices are being introduced in the market, which allows healthcare providers to maintain medical records, track the health status of patients, and obtain data within a limited time.
Increased usage of these devices during the COVID -19 pandemic is further boosting its demand. In many countries such as Australia and New Zealand, it’s recommended to use video laryngoscopes in the first attempt of intubation to reduce the risk of contamination. The industry players also ramped up their production process in the first quarter of 2020 to cater to the growing demand, thereby, affecting the growth rate over the forecast year.
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The rigid video laryngoscopes segment dominated the market in 2023, accounting for a revenue share of 59.4%.
The reusable video laryngoscopes segment accounted for the largest revenue share in 2023.
The cart-based segment accounted for the highest revenue share in 2023. This type of laryngoscope is widely used in hospitals, where the majority of intubation and other airway procedures are performed.
The in-hospital segment dominated the market and accounted for the largest revenue share in 2023.
Grand View Research has segmented the global video laryngoscope market on the basis of product, application, channel, device, end use, and region:
Video Laryngoscope Product Outlook (Revenue, USD Million, 2018 - 2030)
Rigid Video Laryngoscopes
Flexible Video Laryngoscopes
Video Laryngoscope Application Outlook (Revenue, USD Million, 2018 - 2030)
Reusable Video Laryngoscopes
Disposable Video Laryngoscopes
Video Laryngoscope Channel Outlook (Revenue, USD Million, 2018 - 2030)
Non-Channeled Video Laryngoscopes
Channeled Video Laryngoscopes
Video Laryngoscope Device Outlook (Revenue, USD Million, 2018 - 2030)
Cart-based Video Laryngoscopes
Handheld Video Laryngoscopes
Video Laryngoscope End Use Outlook (Revenue, USD Million, 2018 - 2030)
Pre-hospital
In-hospital
Other (ENT Clinics, Training/Teaching Etc.)
Video Laryngoscope Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
Asia Pacific
China
India
Japan
Australia
South Korea
Thailand
Latin America
Brazil
Argentina
MEA
South Africa
Saudi Arabia
UAE
Kuwait
List of Key Players of Video Laryngoscope Market
Prodol Meditec
Ambu A/S
Medtronic
KARL STORZ
NIHON KOHDEN CORPORATION
Verathon, Inc.
AAM Healthcare
Hebei Vimed Medical Device Company, Ltd.
Olympus Corporation
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