Anesthesia video laryngoscope market scope
Technavio’s market research analysts estimate that the global market for anesthesia video laryngoscope will grow impressively at a CAGR of over 14% by 2020. The high portability and ease of use of anesthesia video laryngoscopes is a major factor impelling the growth prospects for this market during the estimated period. Recently, it has been observed that many manufacturers have started developing anesthesia video laryngoscopes that are wireless, lightweight, self-contained, and battery operated as they are easy to use.
These devices have a longer battery life and allow physicians to obtain data within a limited duration, track patients' health status, and maintain and update medical records. Since portable anesthesia video laryngoscopes have similar configurations and functions as conventional angulated and curved laryngoscopes, physicians can quickly switch to anesthesia video laryngoscopes without the extra hassle of training.
Anesthesia video laryngoscope growth based on geography
In terms of geography, analysts have estimated the Americas to be the largest market for anesthesia video laryngoscopes during the forecast period. Since the use of anesthesia video laryngoscopes during surgeries helps increase patient comfort and minimize risks of cross-contamination, an increase in the number of surgeries in areas of orthopedics, cardiovascular diseases, cosmetics, and trauma will lead to the steady growth of this market over the next few years. In the Americas, the market for anesthesia video laryngoscopes will generate a revenue of over USD 157 million by the end of 2020.
Video laryngoscope manufacturers: Competitive landscape
The global anesthesia video laryngoscope market is intensely competitive due to the presence of many global and local vendors. In this market, the manufacturers of anesthesia video laryngoscopes focus on the R&D of products and associated novel applications to improve their brand recognition and hold over the market. Also, some vendors are also expanding their operations in emerging economies to gain maximum market shares.
Top vendors analyzed in the anesthesia video laryngoscope market study
- Ambu A/S
- Medtronic
- Teleflex
- Verathon
Laryngoscope impact factor based on drivers, challenges, and upcoming trends
Upcoming trends like the growing preference for robot-assisted intubation will also help to spur the prospects for market growth until the end of the forecast period. Recent advances in intubation have compelled vendors to develop innovative anesthesia video laryngoscopes that offer greater accuracy and better support to operators. Robot-assisted devices are reliable, increase precision levels, and have near-absolute geometric accuracy. Since the use of robotics in anesthesia delivery helps automate anesthesia care, the workload of anesthesiologists will reduce substantially. This decrease in the overall workload will, in turn, help end users to improve patient care.
This report provides a number of factors contributing to the adoption, limitations, and opportunities of the global anesthesia video laryngoscope market. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.
Key questions answered in the report include
- What will the anesthesia video laryngoscope market size and growth rate be in 2020?
- What are the key factors driving the global anesthesia video laryngoscope market?
- What are the key market trends impacting the growth of the global anesthesia video laryngoscope market?
- What are the challenges to market growth?
- Who are the key vendors in the global anesthesia video laryngoscope market?
- What are the market opportunities and threats faced by the vendors in the global anesthesia video laryngoscope market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global anesthesia video laryngoscope market?