ENT Devices Market Study for 2022 to 2030 providing information on Key Players, Growth Drivers and Industry challenges

 

ENT Devices Market Overview

 

Market Research Future (MRFR) reports that ENT Devices Market will exhibit a compound annual growth rate of 6.2% during the forecast period (2022-2030).

ENT devices are special devices used to diagnose and treat ear, nose, and throat related disorders. The broad range of ENT devices used are endoscopes, hearing aids, voice prosthetics, otoscopes, tongue depressors, tonsil forceps, laryngoscopes, speculums, nasal forceps, aural forceps, nasal splints. Various common ENT disorders in humans include tonsillitis, ear infections, sinus infections, sleep apnea. The use of these tools helps to resolve problems related to snoring, smelling, hearing, and speaking. The ENT specialist is trained in the medical and surgical treatment of the ears, nose, throat, and related structures of the neck or head.

ENT conditions are common across the globe. Some of the common ENT conditions include nasal polyps, hearing loss, muscle tension dysphonia, sinusitis and vocal fold paralysis.  Many of the ENT conditions require the patient to use ENT device for treatment or assistance. Improving reimbursement policies in healthcare in both advanced and developing countries is having positive influence on the global ENT Devices Market. Other factors that are influencing the market include rising geriatric population, growing prevalence of chronic sinusitis, arrival of minimally invasive ENT procedures and increased cosmetic ENT procedures.

Market Segmentation

 

MRFR’s report covers a detailed segmental analysis of the Global ENT Devices Market on basis of end user, product and region.

By end user, the market has been segmented into ambulatory settings, research and academic institutes, hospitals, home care settings, ENT clinics, and others.

Based on product, the market has been segmented into surgical devices, hearing implants, image-guided surgery systems, diagnostic devices, Co2 lasers and hearing aids. The diagnostic devices segment covers hearing screening devices and endoscopes (flexible endoscopes and rigid endoscopes). Types of flexible endoscopes considered for the study are nasopharyngoscopes, laryngoscopes, rhinoscopes and pharyngoscopes. Types of rigid endoscope segment considered for the study are sinuscopes and otoscopes. The surgical devices segment covers radiofrequency (RF) handpieces, balloon sinus dilation devices, ear tubes, powered surgical instruments, voice prosthesis devices, handheld instruments (otology instruments, laryngeal instruments, head and neck surgery instruments, rhinology instruments, and others), and ENT supplies (nasal stents, splint, and packing material).

 

Regional Analysis

MRFR’s study covers the global ENT Devices Market across Europe, Asia Pacific (APAC), South America, North America and the Middle East & Africa (MEA). North America and South America collectively account for the largest market share in terms of revenue. Between the two, North America holds the larger share. Several ENT device vendors operate in the US and Canada. The North America ENT devices market is characterised by a number of market players. The competition in the region’s market has heightened in recent years, making it more dynamic. In recent years, incidence of hearing loss has increased in the region partly owing to the rising geriatric population. In 2017, The Hearing Journal released a data, which revealed that close to 44 Mn Americans over the age of 20 are likely to incur hearing loss by 2020.

The Europe ENT devices market is also expected to witness a healthy growth during the forecast period. In terms of revenue, Europe held the second spot in 2017. Technologically advanced countries coupled with the strong R&D pipeline in the ENT devices industry supports the market growth in Europe.

Asia Pacific is viewed as an emerging market for ENT devices. In fact, the market in APAC is projected to exhibit a highest growth over the next couple of years. Rising healthcare expenditure and increased efforts to deliver affordable care are among the key factors that are propelling the market forward.  As per the data released by Australian Institute of Health and Welfare, the Australia spent close to USD 181 Bn on healthcare between 2016 and 2017.

Key players

global ENT devices market Players are Atos Medical AB, Hoya Corporation, Siemens Healthcare, Johnson & Johnson Services, Inc., Karl Storz Gmbh & Co. Kg, Cochlear Limited, Medtronic PLC, Olympus Corporation, Rion Co. Ltd, Smith & Nephew PLC, Sonova Holding AG, Olympus Corporation, Starkey Laboratories Inc., Stryker Corporation, Widex A/S, William Demant Holding A/S, and others.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 628 258 0071

Email: sales@marketresearchfuture.com

 

 


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