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Anesthesia Video Laryngoscope Market to Surpass US$ 410 Million by 2026 - Coherent Market Insights

SEATTLE, July 12, 2018 (GLOBE NEWSWIRE) -- The global anesthesia video laryngoscope market is estimated to be valued at US$ 194.5 million in 2017, and is projected to exhibit a CAGR of 13.2% over the forecast period (2018 – 2026).

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Key Trends and Analysis of the Anesthesia Video Laryngoscope Market:

Anesthesia video laryngoscope market is expected to gain traction over the forecast period, owing to several potential advantages of a video laryngoscope over direct laryngoscopy. The system offers high-quality video images that are enlarged on the video monitor for easier visualization. Increasing advancements in video technology and less expensive video laryngoscopes (VL) are expected to increase the adoption rate of anesthesia video laryngoscope among healthcare professionals. For instance, in 2017, Verathon Inc., one of the leading marketer and manufacturer of respiratory and imaging medical devices, launched new GlideScope Go video laryngoscope system. The system is easy to use and compact in size. It is a portable, durable, high-resolution system for clinicians in pre-hospital and hospital settings.

Moreover, there has been a rise in use of VL in patients with difficult airways or as a rescue device in failed intubation attempts. Advanced larygoscopic techniques offering round-the-corner visualization can overcome the limited line-of-sight view offered by conventional laryngoscopy. A study conducted at Hartford hospital showed that VL offered a full or near-full view of the periglottic anatomy in 94% of patients who had no visualization with best trials by conventional laryngoscopes. Various video laryngoscopes are available in the market, with the number constantly increasing and many existing devices being modified. Anesthesia video laryngoscope manufacturers are constantly focusing on development and manufacture of technologically advanced products.

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Key Market Takeaways:

  • The anesthesia video laryngoscope market is expected to exhibit a CAGR of 13.2% during the forecast period (2018 – 2026), attributed to its popularity among anesthesiologist and other healthcare providers (e.g., emergency department, intensive care unit, and ambulatory settings) involved in airway management.
  • Some of the major players operating in the global anesthesia video laryngoscope market include Medtronic, Ambu A/S, Verathon Medical, Karl Storz, Teleflex, Daiken Medical Coopdech, Pentax-AWS, and Vyaire Medical.

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