ENT Devices Market: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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ENT Devices Market by Product (Surgical Devices, Image-Guided Surgery Systems, Hearing Implants, Diagnostic Devices, Hearing Aids, Co2 Lasers, and Other Products), By End-Users (Hospitals, ENT Centers, Clinics and Ambulatory Surgery Centers), By Region (Latin America, North America, Middle East & Africa, Europe, Asia Pacific)

 

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Report

Description

ENT devices market size was valued at USD 15.5 billion in the year 2020 and is anticipated to grow at USD 23.62 billion till 2027, witnessing a CAGR of around 6.2% during the forecast period from 2021 to 2027. Ear, nose and throat play important role in the human body and hence keeping these body parts function properly is very important.  A few things that affect the functioning of such organs are sinusitis and aging. One of the most commonly used treatment methods to treat different issues related with ear, nose and throat is ENT. Moreover, a number of ENT devices are used for the diagnosis of ear, nose and throat. Surgical devices, therapeutic devices and diagnostic devices are the most commonly used ENT devices. ENT devices are effectively used for the treatment of deficiencies related to smelling, hearing and speaking. ENT specialist diagnoses discomfort caused due to these human body parts. ENT devices related products are used broadly for many reasons. Hearing tubes and gadgets restore hearing inabilities but in some cases, surgeries are done for such impairments. ENT problems are common in people. Vocal fold paralysis, hearing loss, sinusitis, muscle tension dysphonia and nasal polyps are a few common ENT conditions. Endoscopes and screening devices are two major strategies used to diagnose ENT conditions. Increasing cases of wounds, aging populace, and infections are the reasons of huge development in the ENT devices market. According to the information distributed by the American Cancer Society, around 2,000 individuals in the United States foster diseases of the nasal cavity and paranasal sinuses every year. These cases are generally normal in the geriatric population. In 2018, in the United States, an expected group were in excess of 15,000 episode instances of larynx malignant growth, according to International Agency for Research on Cancer 2018 information.


ENT Devices Market

MARKET SUMMARY
-
6.2% CAGR
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– 6.2%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– North America

ENT Devices Market Analysis

  • There is a growing demand for hearing devices as a number of people suffering from hearing loss issues.
  • Hearing loss sufferers increasing day by day hence there is increasing demand for hearing aids, which in turn boost the market growth.
  • On the other hand, high price of CO2 lasers and devices can limit the market growth during the forecast period.
  • Growing fusions and partnerships between manufacturing industries of ENT devices is the restraining factor of the market.
  • Moreover, a small number of experts in ENT field and hearing aid devices with less battery life are the two leading restraints of the global market growth.
Market Leaders
  • Siemens Healthcare GmbH
  • Cochlear Ltd
  • RION Co, Ltd
  • Atos Medical
  • Starkey
  • William Demant Holding A/S
  • WIDEX A/S
  • Beltone
  • Avada Hearing Care
ENT devices market

Drivers and Restraints

The major key elements booming the ENT devices market growth are funding policies and easy repayment for ENT measures. A few other factors that are responsible to propel the market growth are huge demand for cosmetic ENT measures, technological advancements, elderly population, growing demand for minimally invasive ENT methods and high occurrence of constant sinusitis. Emergence of key players is another reason for driving the market growth. Increasing cases of ENT disorders is booming the market in direction. The ENT market value is expected to increase due to the high investment in healthcare technology and increasing healthcare sector. Aging augments the likelihood of nose and throat related disorders and hearing problem. In order to treat these disorders, aged people go to ENT specialist to treat these disorders and hearing issue through ENT devices, which consequently increase the ENT devices market growth.


ENT Devices Market Regional Analysis

Asia Pacific is anticipated to record rapid growth

Asia Pacific is anticipated to record rapid growth during the forecasting period because of rising disposable income. Another major factor driving the ENT devices market growth is increasing awareness of ENT disorders. North America and Europe are the significant regions hold the great position in ENT devices market because of their well-established healthcare infrastructure and many favorable government initiatives are taken in these regions.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015-2020) and forecast (2021-2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
ENT Devices Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

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  • Siemens Healthcare GmbH
  • Cochlear Ltd
  • RION Co, Ltd
  • Atos Medical
  • Starkey
  • William Demant Holding A/S
  • WIDEX A/S
  • Beltone
  • Avada Hearing Care

Description

ENT devices market size was valued at USD 15.5 billion in the year 2020 and is anticipated to grow at USD 23.62 billion till 2027, witnessing a CAGR of around 6.2% during the forecast period from 2021 to 2027. Ear, nose and throat play important role in the human body and hence keeping these body parts function properly is very important.  A few things that affect the functioning of such organs are sinusitis and aging. One of the most commonly used treatment methods to treat different issues related with ear, nose and throat is ENT. Moreover, a number of ENT devices are used for the diagnosis of ear, nose and throat. Surgical devices, therapeutic devices and diagnostic devices are the most commonly used ENT devices. ENT devices are effectively used for the treatment of deficiencies related to smelling, hearing and speaking. ENT specialist diagnoses discomfort caused due to these human body parts. ENT devices related products are used broadly for many reasons. Hearing tubes and gadgets restore hearing inabilities but in some cases, surgeries are done for such impairments. ENT problems are common in people. Vocal fold paralysis, hearing loss, sinusitis, muscle tension dysphonia and nasal polyps are a few common ENT conditions. Endoscopes and screening devices are two major strategies used to diagnose ENT conditions. Increasing cases of wounds, aging populace, and infections are the reasons of huge development in the ENT devices market. According to the information distributed by the American Cancer Society, around 2,000 individuals in the United States foster diseases of the nasal cavity and paranasal sinuses every year. These cases are generally normal in the geriatric population. In 2018, in the United States, an expected group were in excess of 15,000 episode instances of larynx malignant growth, according to International Agency for Research on Cancer 2018 information.

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