Video Laryngoscopes – Growing Demand for Robot-assisted Laryngoscopy is an Emerging Trend | Technavio

21-Apr-2018 Intellasia | BusinessWire | 2:05 AM Print This Post

LONDON–(BUSINESS WIRE)–#PatientMonitoringDevices–Technavio’s latest market research report on the global
video laryngoscopes market
provides an analysis of the most
important trends expected to impact the market outlook from 2018-2022. Technavio
defines an emerging trend as a factor that has the potential to
significantly impact the market and contribute to its growth or decline.


According to Technavio market research analysts, the global
video laryngoscopes market
will grow at a CAGR of over 14% during
the forecast period. Increasing M&A is a major factor driving the
market’s growth.

The product portfolio of players increases with M&A, which helps in the
product expansion and differentiation. Large players in the market are
acquiring small players to access their key technologies and products,
and form partnerships with distributors to increase their sales.

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In this report, Technavio highlights the growing demand for
robot-assisted laryngoscopy as one of the key emerging trends driving
the global video laryngoscopes market:

Growing demand for robot-assisted laryngoscopy

Players in the market are developing innovative video laryngoscopes that
offer greater accuracy and better support to operators owing to the
advances in technology. The growing complications or risks associated
with conventional and traditional surgeries are leading to higher demand
for robot-assisted laryngoscopy. 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 the patient care. Robot-assisted airway
management is attainable by using multipurpose surgical robotic systems.

“Players and research organizations are using robotics in a broad
range of laryngoscopy procedures. The robotic arms can be used for
successful intubation. The implementation of robotic devices leads to
faster skill acquisition than manual procedures and also improves the
performance and safety of the procedures. Therefore, the increase in
demand for robot-assisted laryngoscopes will lead players to develop
them, which will increase the market growth,”
says a senior analyst
at Technavio for research on patient
monitoring devices
.

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Global video laryngoscopes market segmentation

This market research report segments the global video laryngoscopes
market into the following applications (single-use devices and reusable
devices), product (rigid video laryngoscopes and flexible video
laryngoscopes), end-users (hospitals, clinics, and ASCs) and key regions
(the Americas, APAC, and EMEA).

The rigid video laryngoscopes segment held the largest market share in
2017, accounting for nearly 85% of the market. The market share for this
product is expected to increase nearly 2% by 2022. The rigid video
laryngoscopes segment is expected to continue dominating the market and
register the highest growth rate.

The Americas was the leading region for the global
video laryngoscopes market
in 2017, accounting for a market
share of nearly 48%. By 2022, APAC is expected to see the highest growth
rate. Some of the factors driving the market growth in these regions are
the increasing incidence of cancer and other disorders related to the
larynx.

 
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