Global ENT Devices Market 2023 Size, Share, Growth, Opportunities and forecast to 2030
The ENT
Devices Market Size was valued at USD 19.4 billion in 2022
and is projected to grow from USD 20.60 Billion in 2023 to USD 29.56 billion by
2030.
The ENT (Ear, Nose, and Throat) devices market refers to the
industry involved in the production and distribution of medical devices used to
diagnose and treat conditions related to the ear, nose, and throat. These
devices include a wide range of products such as diagnostic devices, hearing
aids, surgical instruments, implants, and others.
The ENT devices market has seen steady growth in recent
years, driven by factors such as an aging population, increasing prevalence of
ear, nose, and throat disorders, and advances in technology.
Market Research Future
(MRFR) revealed the market is banking on treatment for sinusitis, demand for
the cosmetic ENT procedures, hike in the use of favorable reimbursement policies,
better support from the academic and government sectors, and others. Rising
geriatric population and demand for minimally invasive surgeries can also
promote the ENT surgical devices market growth.
Segment Analysis
The global ENT devices
market has been segmented by the experts of MRFR into product and end user.
Factors and dynamics have been studied in detail to get a proper overview of
these segments so that they can help in better assessment of strategies.
By product, the report on
the global ENT devices market can be segmented into surgical devices,
diagnostic devices, hearing implants, Co2 lasers, hearing aids, and image-guided surgery systems. The
diagnostic devices segment includes endoscopes and hearing screening devices.
The endoscopes segment comprises rigid endoscopes and flexible endoscopes. The
rigid endoscope segment includes otoscopes and sinuscopes. The flexible
endoscope segment has been segmented into laryngoscopes, pharyngoscopes,
rhinoscopes, and nasopharyngoscopes. The surgical devices segment includes surgical instruments, handheld instruments, balloon sinus dilation
devices, ear tubes, ENT supplies, radiofrequency (RF) handpieces, and voice
prosthesis devices. The handheld instrument segment has been segmented into
head and neck surgery instruments, otology instruments, laryngeal instruments,
rhinology instruments, and others. The ENT supplies segment includes nasal
stents, packing material, & splints.
By end-user, the study on
the ENT devices market includes ambulatory settings, ENT clinics, hospitals,
home care settings, research and academic institutes, and others. The hospitals
and various ENT clinics are expected to create notable traction for the global
market.
Major Key
Players:
The global ENT Devices Market Players Cochlear Limited, Atos Medical AB,
Karl Storz Gmbh & Co. Kg, Hoya Corporation, Johnson & Johnson Services,
Inc., Olympus Corporation, Medtronic PLC, Siemens Healthcare, Rion Co. Ltd,
Starkey Laboratories Inc., Widex A/S, William Demant Holding A/S, Stryker
Corporation, Smith & Nephew PLC, Sonova Holding AG, and others. These
companies are investing a lot in developing strategies that could withstand
various adversities and ensure easy growth for the market. Their strategic
moves often include various types of collaborations, mergers, hike in
investment for better research and development, increasing innovation, various
launching strategies, and others. MRFR’s inclusion of these moves in the report
is to ensure a proper understanding of the market and help companies in
developing strategies with a comprehensive overview.
Regional Analysis
The Americas have the scope to dominate the global market for ENT
devices. The market is gaining from easy inclusion of latest technologies,
smooth flow of investment, rise in production resulted from the increasing
research and development activities, and several others. The US is showing a
huge patient pool that can be a major tailwind provider for the global ENT
devices market.
The Asia Pacific region is expected to profit from the rise in demand for
advanced technologies from its huge population. Innovations and infrastructural
changes are expected to influence regional market growth.
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Future
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