Vestibular Testing System Market to Gain US$79.6 Mn between 2018 and 2028
Vestibular testing system market is projected to expand at a CAGR of 6.8% during 2018 and 2028. The growth of the global vestibular testing system market is primarily driven by increasing number of patient suffering from vertigo, dizzinesss disorder, and balance disorder. Besides, the growing number of geriatric population that is prone towards vestibural disease is also creating huge demand for vestibular testing system in hospitals and other facilities.Electronystagmography (commonly called an ENG test) and videonystagmography (VNG test) are the most prefered tests. The low cost of the device and ease of use of the system is dominating the vestibular testing system market. This vestibular testing system, is more prefered due to its lightweight, handy and reliable results, which fits with a stable infrared video camera of high resolution. Computerized dynamic posturography (CDP) and rotary chair test are also prefered by most of the doctors due to their precise results. However, due to high cost of the device and large space requirement for establishment, these devices are less prefered as compared to other vestibular testing system.
Vestibular testing system comprises a number of tests that help determine if there is something wrong with the balance portion (vestibular) of the inner ear. The purpose of vestibular tests is to help isolate dizziness symptoms to a specific cause that can often be treated.
Request Sample of This Report at https://www.factmr.com/connectus/sample?flag=S&rep_id=1313
Technological advancement bolstering the vestibular testing systems demand
Technological advancement and availability of videonystagmography in low cost as compared to other existing systems are building a huge platform for the growth of the vestibular testing system market globally.
The increasing number of patient pool suffering from Meniere’s disease is also likely to boost the demand for vestibular testing systems, such as of videonystagmography (VNG) systems, vestibular evoked myogenic potential (VEMP) system, rotary chair, and computerized dynamic posturography, are some major factors that are driving vestibular testing system market.
Furthermore, increasing healthcare spending, favourable reimbursement, growing awareness, are some of the other factors driving the growth of the vestibular testing system market in most of the developing countries. However, high cost of the devices and tests is a mjor factor expected to hinder the growth of the vestibular testing system market.
Lagacy market dominate the vestibular testing system demand
In terms of value, North America is expected to be the dominant overall vestibular testing system market by 2018 end and is expected to expand at a CAGR of 6.6% over the forecast period. In vestibular testing system market, Japan and Asia Pacific are expected to be the fast-growing regional markets, registering CAGRs of 7.8% and 8.0%, respectively, over the forecast period. Western and Eastern Europe are expected to mark substantial share in the global vestibular testing system market. However, the MEA to represent sluggish growth in vestibular testing system market due to lack of awareness and reach of technology in most of the countries, which is liekly to hinder the overall vestibular testing system market.
Across the regions, the demand of vestibular testing system from hospitals stands tall, though in terms of growth, the mature markets are witnessing comparatively higher growth form private clinics.
Top two players command over three fourth of the vestibular testing system market
The vestibular testing system market is consolidated at the top, and fragmented at the bottom. Leading manufacturers in the vestibular testing system market and healthcare providers have raised the initiative to increase awareness among healthcare professionals by launching technological advanced vestibular testing systems.
The companies in the global vestibular testing system market focus on to consolidate their position by actively participating in activities such as partnerships, mergers, and acquisitions. The companies in the vestibular testing system market are focusing expansion in countries such as India, China, and Brazil.Examples of some of the key players operating in the global vestibular testing system market are Natus Medical Incorporated, balanceback (Vestibular Research & Development, LLC), BioMed Jena GmbH, Interacoustics A/S, Neuro Kinetics, Inc (NKI), Micromedical Technologies, Difra s.a., Synapsys, TECHNO CONCEPT, Framiral etc.
Report Analysis at https://www.factmr.com/report/1313/vestibular-testing-market
About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: www.factmr.com/
Follow Us on Linkedin: www.linkedin.com/company/factmr/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Vestibular Testing System Market to Gain US$79.6 Mn between 2018 and 2028 here
News-ID: 1257295 • Views: …
More Releases from Fact.MR
Bismuth Market Projections Hit US$ 792.38 Million by 2033
Bismuth Market Projections Hit US$ 792.38 Million by 2033
Based on an extensive analysis conducted by Fact.MR, the global bismuth market reached a valuation of US$ 380.90 million in 2023
𝗚𝗲𝘁 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 𝗖𝗼𝗽𝘆:
https://www.factmr.com/connectus/sample?flag=S&rep_id=8715
Projections suggest a steady growth trajectory with a forecasted compound annual growth rate (CAGR) of 7.6%, potentially culminating in a market size of US$ 792.38 million by 2033.
Bismuth, characterized by its atomic number 83 and symbol Bi,…
Bismuth Market Projections Hit US$ 792.38 Million by 2033
Bismuth Market Projections Hit US$ 792.38 Million by 2033
Based on an extensive analysis conducted by Fact.MR, the global bismuth market reached a valuation of US$ 380.90 million in 2023
𝗚𝗲𝘁 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 𝗖𝗼𝗽𝘆:
https://www.factmr.com/connectus/sample?flag=S&rep_id=8715
Projections suggest a steady growth trajectory with a forecasted compound annual growth rate (CAGR) of 7.6%, potentially culminating in a market size of US$ 792.38 million by 2033.
Bismuth, characterized by its atomic number 83 and symbol Bi,…
Torque Vectoring Market Set to Surge to US$ 43 Billion by 2033
In 2023, the global torque vectoring market was valued at US$ 10.7 billion. Projections indicate a significant surge to US$ 43 billion by 2033, with an impressive Compound Annual Growth Rate (CAGR) of 15% anticipated during the forecast period spanning from 2023 to 2033.
𝗚𝗲𝘁 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 𝗖𝗼𝗽𝘆:
https://www.factmr.com/connectus/sample?flag=S&rep_id=8788
Torque vectoring systems play a pivotal role in optimizing wheel power distribution. By enhancing handling, stability, grip, and overall performance, these systems…
Small Wind Market Surges Toward US$ 3.23 Billion by 2033
In 2023, the global small wind market boasted a valuation of US$ 1.21 billion, with projections indicating a remarkable expansion at a CAGR of 10.3%, culminating in a size of US$ 3.23 billion by the end of 2033, as per the latest study by Fact.MR.
𝗚𝗲𝘁 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 𝗖𝗼𝗽𝘆:
https://www.factmr.com/connectus/sample?flag=S&rep_id=8812
The surge in demand for small wind systems is attributed to the escalating global energy crisis and the depletion of non-renewable…
More Releases for Vestibular
Global Vestibular Schwannoma Market Report Forecast to 2027 – Pipeline Develop …
Vestibular Schwannoma Market Insight, Epidemiology and Market Forecast – 2030
At Infinity Business Insights, we give a market study that envelops both subjective and quantitative evaluations of most recent patterns for the market divisions ordered. As indicated by our exploration group, the Global Vestibular Schwannoma Market was esteemed at USD xx million of every 2019 and is projected to arrive at USD xx million by 2027, developing at a CAGR of…
Vestibular Testing System Market Display Significant Growth by 2028
Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Vestibular Testing System Market. The vestibular testing system report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth. Each segment alongwith its sub-segment is analyzed in terms of value and volume. Further, the vestibular testing system report elaborates the market behavior of each vendor operating in the vestibular testing system market.
Request…
Vestibular Testing System Market Set to Deliver Major Revenue Shares during the …
FactMR delivers key insights on the global vestibular testing system market in its upcoming report titled “Vestibular Testing System Market: Global Industry Analysis 2013–2017 and Opportunity Assessment 2018 – 2028”. In terms of revenue, the global vestibular testing system market is projected to register a CAGR of 6.8% over the forecast period, owing to various factors, regarding which FMR offers detailed insights and forecasts in this report. The growth of…
Vestibular Testing Market Analysis, Trends, Forecast, 2018 to 2028
FactMR delivers key insights on the global vestibular testing system market in its upcoming report titled “Vestibular Testing System Market: Global Industry Analysis 2013–2017 and Opportunity Assessment 2018 – 2028”. In terms of revenue, the global vestibular testing system market is projected to register a CAGR of 6.8% over the forecast period, owing to various factors, regarding which FMR offers detailed insights and forecasts in this report.
The vestibular testing…
Vestibular Testing Market: Technological Improvements Steering Growth during 201 …
In terms of value, North America is expected to be the dominant overall Vestibular Testing System Market by 2018 end and is expected to expand at a CAGR of 6.6% over the forecast period. In vestibular testing system market, Japan and Asia Pacific are expected to be the fast-growing regional markets, registering CAGRs of 7.8% and 8.0%, respectively, over the forecast period. Western and Eastern Europe are expected to mark substantial share…
Vestibular Testing System Market Volume Forecast and Value Chain Analysis 2017-2 …
The vestibular testing system is a sensory system that controls special orientation and coordination. Vestibular testing system consists of a number of tests. These tests helps in determining whether or not there is something wrong with the vestibular portion of the inner ear. Moreover, these tests can help in isolating dizziness symptoms which can later be treated. Vestibular testing systems are used to diagnose patients suffering from balance problems. However,…