About Video Laryngoscopes
Video laryngoscopy is an advanced endoscopy method, which helps to visualize high-quality and enlarged video image of the airway, and laryngeal and pharyngeal structures. It helps a physician to diagnose a disease.
Technavio’s analysts forecast the global video laryngoscopes market to grow at a CAGR of 14.46% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global video laryngoscopes market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Video Laryngoscopes Market 2018-2022
Technavio recognizes the following companies as the key players in the global video laryngoscopes market: Ambu, KARL STORZ, Medtronic, Richard Wolf, Teleflex, and Verathon.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing demand for robot-assisted laryngoscopy. The advances in technology led the vendors to develop innovative video laryngoscopes that offer greater accuracy and better support to operators.”
According to the report, one driver in the market is increasing M&A. Several large vendors are increasingly focusing on forming partnerships with distributors and access their key technologies and products by acquiring small vendors. This in turn, help large vendors to boost their product expansion and differentiation and product portfolio.
Further, the report states that one challenge in the market is high cost of video laryngoscopes. The high cost associated with the equipment purchase and procedure will hinder the market growth, especially in price-sensitive markets such as developing and emerging economies.
Ambu, KARL STORZ, Medtronic, Richard Wolf, Teleflex, and Verathon.