The Global Laryngoscope Industry is experiencing a significant upswing, poised for remarkable growth in the coming decade. According to a recent report, the market has exhibited a share of US$ 355.1 million in 2023, with forecasts predicting a substantial increase to reach US$ 601.6 million by 2033. This robust expansion reflects a steady compound annual growth rate (CAGR) of 5.4%.
The research report on the laryngoscope market highlights the driving factors behind this impressive growth trajectory. One key factor is the increasing prevalence of respiratory and throat-related diseases, which has propelled the demand for laryngoscope instruments. Moreover, the market is witnessing growing interest in various types of laryngoscopies, including pediatric laryngoscopy and rigid laryngoscopy, each with specific applications that cater to the diverse healthcare needs of patients.
Request a Sample of this Report Now!
https://www.futuremarketinsights.com/reports/sample/rep-gb-12786
Key Takeaways from the Global Laryngoscopes Industry Report
- The laryngoscopes market to exhibit surging sales as demand rises due to the increasing incidence of vocal or throat-related diseases
- Increasing caution regarding hygiene have resulted in doctors adopting laryngoscopes in order to minimize invasion and contact
- Reusable laryngoscopes are popular in the market due to their environmentally friendly properties
- North America is expected to emerge as the leading market for laryngoscopes and is likely to remain dominant through the forecast period
- While hospitals will continue exhibiting high demand, sales in specialty clinics as well are expected to surge in the coming years
COVID-19 Impact Analysis
Many industries have been affected by the COVID-19 pandemic, including the laryngoscope market. Production of laryngoscopes has decreased as a result of lockdowns and a travel ban. Despite the health sector’s demand for laryngoscopes, production has been slowed by a lack of resources and labour.
Following the pandemic, the market is anticipated to recover due to rising demand for non-invasive throat treatments. The pandemic’s increased focus on hygiene is also anticipated to increase demand for laryngoscopes. Starting in 2021, the market is anticipated to follow a positive trajectory.
Revealing the hidden assumptions of the study. Ask an Analyst
https://www.futuremarketinsights.com/ask-question/rep-gb-12786
Who Is Winning?
A small number of significant market players primarily control the laryngoscopes market. Opportunities for the entry of new players in the market have been created by rising demand and advantageous governmental policies. Players are now looking to partner with various businesses in order to expand their growth.
The players’ attention has shifted to creating and innovating designs that improve comfort and safety. In order to correct flaws and errors in current laryngoscopes, important players are now involved in their development. As a result, there is now more competition among manufacturers to produce laryngoscopes that are better and more effective.
Johnson & Johnson, Pentax Medical Company, Boston Scientific Corporation, Karl Storz GmbH & Co. KG, Fujifilm Holdings Corporation, B. Brain Melsungen AG, Olympus Corporation, Medtronic Plc., Smith & Nephew PLC, Conmed Corporation, and Stryker Corporation are a few of the leading companies in the laryngoscopes market.
Access Exclusive Market Insights – Purchase Now!
https://www.futuremarketinsights.com/checkout/12786
Key Segments of Laryngoscopes Industry Survey
Global Laryngoscopes Industry by Product:
- Rigid Laryngoscopes
- Flexible Laryngoscopes
- Video Laryngoscopes
- Fiber Laryngoscopes
Global Laryngoscopes Industry by End User:
- Hospitals
- Ambulatory Surgery Centers
- Specialty Clinics
Global Laryngoscopes Industry by Usability:
- Reusable Laryngoscopes
- Disposable Laryngoscopes
Global Laryngoscopes Industry by Region:
- North America Laryngoscopes Market
- Latin America Laryngoscopes Industry
- Europe Laryngoscopes Industry
- East Asia Laryngoscopes Industry
- South Asia & Pacific Laryngoscopes Market
- Middle East & Africa (MEA) Laryngoscopes Industry
Author
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
