Laryngoscopes Market
Laryngoscopes Market
The market for Laryngoscopes was estimated at $882.50 million in 2024; it is anticipated to increase to $1.49 billion by 2030, with projections indicating growth to around $2.30 billion by 2035.
Global Laryngoscopes Market Outlook
Revenue, 2024 (US$M)
$883M
Forecast, 2034 (US$B)
$2.11B
CAGR, 2024 - 2034
9.1%
Market Key Insights
- The Laryngoscopes market is projected to grow from $882.5 million in 2024 to $2.11 billion in 2034. This represents a CAGR of 9.1%, reflecting rising demand across Laryngeal Examination, Emergency Medicine and Anesthesia Administration.
- Medtronic Inc, Smiths Medical, Ambu A/S are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Laryngoscopes market and are expected to observe the growth CAGR of 6.6% to 9.6% between 2024 and 2030.
- Emerging markets including Brazil, South Africa and United Arab Emirates are expected to observe highest growth with CAGR ranging between 8.7% to 11.4%.
- Transition like Transition to Digital Laryngoscopes is expected to add $176.1 million to the Laryngoscopes market growth by 2030
- The Laryngoscopes market is set to add $1.2 billion between 2024 and 2034, with manufacturer targeting Diagnostic & Monitoring Application projected to gain a larger market share.
- With Surge in prevalence of respiratory diseases, and Advances in laryngoscope technology, Laryngoscopes market to expand 139% between 2024 and 2034.
Opportunities in the Laryngoscopes
Growing economies like India and China along with various African nations are making substantial progress in enhancing their healthcare systems. These regions offer an avenue for the growth of the laryngoscope market due to their growing populations and heightened focus, towards modern healthcare options.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Surge in Prevalence of Respiratory Diseases, and Increase in Surgical Procedures
Restraint: Steep Learning Curve
Opportunity: Development of Smart Laryngoscopes and Rising Incidence of Respiratory Diseases
Challenge: Regulatory Constraints
Supply Chain Landscape
Raw Material Providers
Welch Allyn
KARL STORZ
Component Manufacturing
Medtronic
Teleflex Incorporated
Device Assembly
HEINE Optotechnik
Verathon Inc
Sales & Distribution
Olympus Corporation
Richard Wolf GmbH
Raw Material Providers
Welch Allyn
KARL STORZ
Component Manufacturing
Medtronic
Teleflex Incorporated
Device Assembly
HEINE Optotechnik
Verathon Inc
Sales & Distribution
Olympus Corporation
Richard Wolf GmbH