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ENT Devices Market Trends, Drivers, Growth Opportunities, Challenges, and Investment Opportunities
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Geographically, North America dominates the global market of ENT devices, due to the increasing prevalence of chronic ear infection, growth of sinusitis cases, and hearing loss cases along with the growth of geriatric population. In addition, the growing awareness leading to increased acceptance of this device in the region is increased demand of ENT devices. The Asian market is expected to grow with a high growth rate, where China and India is expected to witness the fastest growth in the region. The key growth driving forces for the market in the developing countries are the high patient pool with sinusitis, increasing awareness of these devices, and increasing aging population.
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Some of the major companies operating in the global ENT devices market are Sonova Holding AG, Siemens Healthcare, Cochlear Ltd., Starkey Laboratories Inc., Beltone, Rexton Inc., William Demant Holding A/S, Widex A/S, GN ReSound A/S, Panasonic Corp., Miracle-Ear Inc., Avada Hearing Care, Nuear Hearing Aids Inc., Sonic Innovations Inc., American Hearing Systems Inc., Zounds Inc., Bernafon, MED-EL GmbH, Unitron Hearing Inc., and Audiosync Inc.
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