What are the latest figures on the laryngoscope market’s size and projected CAGR?
The laryngoscope market size has grown rapidly in recent years. It will grow from $0.3 billion in 2024 to $0.33 billion in 2025 at a compound annual growth rate (CAGR) of 10.5%. The growth in the historic period can be attributed to medical advancements, anesthesia and intubation, healthcare infrastructure development, training and education.
The laryngoscope market size is expected to see rapid growth in the next few years. It will grow to $0.49 billion in 2029 at a compound annual growth rate (CAGR) of 10.5%. The growth in the forecast period can be attributed to aging population, technological innovation, telemedicine and remote consultations, demand for minimally invasive techniques. Major trends in the forecast period include video laryngoscopy, rapid advancements in technology, portability and compact design, disposable laryngoscopes.
Get Your Free Sample of The Global Laryngoscope Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3287&type=smp
Which Market drivers have played a significant role in driving the laryngoscope market?
The growing prevalence of laryngeal cancers, infections, and chronic respiratory diseases are one of the key reasons expected to boost laryngoscope market growth. Laryngeal cancer is head and neck cancer that occurs when abnormal (malignant) cells form in the larynx. For instance, in 2024, according to the American Cancer Society (ACS), a US-based health organization, the estimated number of new laryngeal cancer cases in the United States increased to 12,650, up from 12,380 in 2023. Therefore, the increasing prevalence of laryngeal cancer increased the demand for laryngoscopes and thereby contributed to growth of the laryngoscopes market.
What are the key segments within the laryngoscope market?
The laryngoscope market covered in this report is segmented –
1) By Type: Indirect Laryngoscope, Direct Laryngoscope
2) By Product: Video Laryngoscopes, Standard Laryngoscopes, Fiber-optic Laryngoscopes
3) By End-user: Hospitals, Clinics, Medical Examination Center
Subsegments:
1) By Indirect Laryngoscope: Rigid Indirect Laryngoscope, Flexible Indirect Laryngoscope
2) By Direct Laryngoscope: Rigid Direct Laryngoscope, Video Direct Laryngoscope
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/laryngoscope-global-market-report
Which key players are shaping the laryngoscope market?
Major companies operating in the laryngoscope market include Ambu A/S, Hill-Rom Holdings Inc., KARL STORZ GmbH & Co. KG, Medtronic Plc, Olympus Corporation, HOYA Corporation, Roper Technologies Inc., Richard Wolf GmbH, Schoelly Fiberoptic GmbH, Welch Allyn Inc., Timesco Healthcare Ltd., GIMMI GmbH, Zhejiang Tiansong Medical Instrument Co.Ltd., XION GmbH, HEINE OPTOTECHNIK GmbH & Co. KG, Truphatek International Ltd., Kangji Medical, Shenda Endoscope, Rudolf Riester GmbH, Baxter International Inc., Nihon Kohden, Teleflex Incorporated, BPL Group, Clarus Medical LLC, SunMed LLC, Vyaire Medical Inc., Flexicare Medical Ltd., IntuBrite LLC
What are the top industry trends projected to impact the laryngoscope market?
Robot-assisted laryngoscopy is one of the key trends shaping the laryngoscope market. Growing complications or risks associated with advanced and experimental procedures contribute to increased demand for robot-assisted laryngoscopy. The characteristics of robot-assisted devices such as reliability will increase precision levels and have near-absolute geometric accuracy, which helps to reduce the workload of the specialists and improve patient care. Implementing robotic systems leads to faster skill development than manual procedures, and also improves performance and safety. Johns Hopkins University developed a robotic tool to improve surgeons’ access to the larynx (voice box). The experts are designing a robotic laryngoscope that can be used with one hand like a joystick.
What are the major regional insights for the laryngoscope market, and which region holds the top position?
Asia-Pacific was the largest region in the laryngoscopes market in 2023. North America was the second largest region in the laryngoscope market. The regions covered in the laryngoscope market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What Does The Laryngoscope Market Report 2025 Offer?
The laryngoscope market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
The laryngoscope is a medical device used to view and examine the larynx and vocal cords in the throat. This device is also used during tracheal intubation in patients requiring ventilator support.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=3287
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
