Japan Video Laryngoscope Market Size, Share, and COVID-19 Impact Analysis, By Product (Rigid and Flexible), By Device (Cart-based and Handheld), By End Use (Pre-hospital and In-hospital), and Japan Video Laryngoscope Market Insights, Industry Trend, Forecasts to 2033
Industry: HealthcareJapan Video Laryngoscope Market Insights Forecasts to 2033
- The Japan Video Laryngoscope Market Size was valued at USD 36.55 Million in 2023.
- The Market Size is Growing at a CAGR of 18.45% from 2023 to 2033
- The Japan Video Laryngoscope Market Size is Expected to Reach USD 198.78 Million by 2033
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The Japan Video Laryngoscope Market Size is Anticipated to Reach USD 198.78 Million by 2033, growing at a CAGR of 18.45% from 2023 to 2033.
Market Overview
The Japan video laryngoscope market is rapidly growing, driven by advancements in airway management technology and a rising preference for minimally invasive procedures. Video laryngoscopes, which provide enhanced visualization of the airway during intubation, improve success rates and reduce complications associated with difficult airways. Several factors are fueling this growth, including the increasing prevalence of chronic respiratory diseases, an aging population, and the demand for safer, more efficient intubation methods. Government initiatives supporting healthcare advancements and the promotion of better medical equipment further accelerate market expansion. Technological advancements have led to the development of more sophisticated video laryngoscopes, offering better visualization and improved intubation success rates. The growing adoption of these devices is contributing to improved patient outcomes and streamlined healthcare practices. With Japan’s expanding healthcare infrastructure and continuous innovation in medical technology, the video laryngoscope market is poised for substantial growth, providing opportunities for healthcare providers to enhance airway management techniques and improve the overall quality of care.
Report Coverage
This research report categorizes the Japan video laryngoscope market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan video laryngoscope market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan video laryngoscope market.
Japan Video Laryngoscope Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023 : | USD 36.55 Million |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 18.45% |
2033 Value Projection: | USD 198.78 Million |
Historical Data for: | 2019-2022 |
No. of Pages: | 230 |
Tables, Charts & Figures: | 100 |
Segments covered: | By Product (Rigid and Flexible), By Device (Cart-based and Handheld), By End Use (Pre-hospital and In-hospital) |
Companies covered:: | Prodol Meditec, Ambu A/S, Medtronic, KARL STORZ, NIHON KOHDEN CORPORATION., Verathon, Inc., VDO Medical Inc., AAM Healthcare, Hebei Vimed Medical Device Company, Ltd., Olympus Corporation, and Others |
Pitfalls & Challenges: | COVID-19 Impact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The aging population in Japan is a driving force, as older individuals often experience respiratory issues that require more frequent and complex intubation procedures. Another factor is the growing awareness of the importance of improved patient outcomes and the ability of video laryngoscopes to provide better visualization, which in turn enhances the success rate of intubation.
Restraining Factors
One of the primary challenges is the high cost of video laryngoscopes, which can make them inaccessible for smaller healthcare facilities or those with limited budgets.
Market Segmentation
The Japan video laryngoscope market share is classified into product, device, and end use.
- The rigid segment accounted for the leading market share in 2023 and is expected to grow at a substantial CAGR during the forecast period.
The Japan video laryngoscope market is segmented by product into rigid and flexible. Among these, the rigid segment accounted for the leading market share in 2023 and is expected to grow at a substantial CAGR during the forecast period. The segment growth is fueled as rigid video laryngoscopes are favored in many clinical settings due to their stability and high precision, which are crucial for difficult intubation procedures. These devices offer superior visualization of the airway and allow for a more controlled and accurate insertion, making them a preferred choice for surgeries and emergency interventions.
- The cart-based segment accounted for the major market share in 2023 and is expected to grow at a remarkable CAGR during the forecast period.
The Japan video laryngoscope market is segmented by device into cart-based and handheld. Among these, the cart-based segment accounted for the major market share in 2023 and is expected to grow at a remarkable CAGR during the forecast period. The segment growth is driven as cart-based video laryngoscopes are typically preferred in hospital settings and surgical environments due to their larger screens, advanced features, and enhanced image clarity, which are crucial for complex intubation procedures. These systems are often integrated with additional medical equipment and provide a stable and ergonomic setup for healthcare professionals during surgeries and critical care situations.
- The in-hospital segment accounted for the highest share in 2023 and is expected to grow at a significant CAGR during the forecast period.
The Japan video laryngoscope market is segmented by end use into pre-hospital and in-hospital. Among these, the in-hospital segment accounted for the highest share in 2023 and is expected to grow at a significant CAGR during the forecast period. The segment is driven by the increasing demand for precise airway management during surgeries, critical care, and emergency situations. Hospitals are the primary settings where advanced medical equipment like video laryngoscopes is used to ensure safe and successful intubation procedures, particularly in complex or difficult airway cases.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Japan video laryngoscope market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Prodol Meditec
- Ambu A/S
- Medtronic
- KARL STORZ
- NIHON KOHDEN CORPORATION.
- Verathon, Inc.
- VDO Medical Inc.
- AAM Healthcare
- Hebei Vimed Medical Device Company, Ltd.
- Olympus Corporation
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In March 2024, Verathon, Inc. unveiled the findings of a large-scale study that demonstrates the ability of GlideScope hyperangulated video laryngoscopy to significantly improve first-pass endotracheal intubation success rate compared to traditional direct laryngoscopy.
Market Segment
This study forecasts revenue at Japan, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Japan video laryngoscope market based on the below-mentioned segments:
Japan Video Laryngoscope Market, By Product
- Rigid
- Flexible
Japan Video Laryngoscope Market, By Device
- Cart-based
- Handheld
Japan Video Laryngoscope Market, By End Use
- Pre-hospital
- In-hospital
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