Transparency Market Research in its new report titled, “Laryngeal Mirrors Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the laryngeal mirrors market. The TMR report anticipates that the increase in cases laryngeal disorders such as laryngitis and vocal cord paralysis, high rate of diagnosis of laryngeal abnormalities, and improving health care infrastructure will drive the laryngeal mirrors market during the forecast period i.e, 2018-2026.
The number of patients with different hematological and other chronic diseases is also increasing rapidly across the world. Stringent regulatory landscape, strict intellectual property laws, and product recalls are likely to restrain the global laryngeal mirrors market during the forecast period. Mergers & acquisitions, R&D investments by key players, and technological advancements are expected drive the global laryngeal mirrors market during the forecast period, says the report.
Based on type, the TMR report has segmented the global laryngeal mirrors market into disposable and reusable. In terms of application, the global market is categorized into laryngeal tumor, laryngitis, contact ulcer, and others. On the basis of end-user, the global laryngeal mirrors market is classified into hospitals, ENT clinics, ambulatory surgical centers, and others. Geographically, the global laryngeal mirrors market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Incidence of laryngitis in the U.S. was nearly 8 per 100,000 population per year, while it was around 9 per 100,000 population per year in Canada in 2017. Incidence of laryngitis is variable across Europe. Around 6 to 7 per 100,000 cases of laryngitis were reported in Western Europe per year, while 10 to 11 per 100,000 cases of laryngitis were registered in Eastern Europe in 2017.
As per the report, North America and Europe held significant share of the global laryngeal mirrors market in 2017 and is anticipated to expand at a high growth rate during the forecast period. This is attributed to high number of laryngeal abnormalities, high rate of diagnosis of laryngeal diseases, presence of key market players, and wide availability of laryngeal mirrors in these regions. The laryngeal mirrors market in Asia Pacific is set to expand at the highest CAGR during the forecast period due to rise in number of laryngitis cases, thyroid surgery, developing health care infrastructure, participation of domestic players, and availability of cheap laryngeal mirrors.
Low diagnosis of laryngeal diseases and inadequate health care infrastructure are likely to restrain the laryngeal mirrors market in Latin America and Middle East & Africa market during the forecast period. Some of the leading companies operating in the global laryngeal mirrors market are profiled in this report to give a better competitive analysis and these include Black Smith Surgical, DTR Medical Ltd., Prodont-Holliger, Surtex Instruments Ltd., Entrhal Medical, Zumax Medical, Integra LifeSciences Corp., and AliMed, among others.
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