Press release
ENT Device Market has the Potential to reach USD 27.63 bn by 2022 ; Sonova Holding AG, Welch Allyn, William Demant, Cochlear Limited, Siemens Healthcare
ENT Device Market 2018
Market Overview:
The Global ENT Device Market was worth USD 14.35 billion in the year of 2012 and is expected to reach approximately USD 27.63 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 6.07% during the forecast period. Ear Nose and Throat devices are particular gear utilized for surgery, diagnosis, or therapy of any disorders associated with the ear, nose, or throat, consequently amending any issues associated with snoring, smelling, hearing, or speaking. There are an extensive variety of ENT gadgets accessible in the market including balloon sinus dilation devices, endoscopes, hearing screening devices, hearing aids, CO2 lasers, handheld surgical instruments, powered surgical instruments, image-guided surgery systems, hearing implants, ear tubes, nasal and ontological (ear) packing material, and voice prosthesis devices.
Top Most Key Players:
The key players in the market are Sonova Holding AG, Welch Allyn, William Demant, Cochlear Limited, Siemens Healthcare, Starkey Laboratories Inc, Rion Co and Atos Medical AB. Geographically, the market is segmented into Europe, Asia Pacific, North America and Rest of the world.
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Market Classification:
ENT Device Market, By Product, Estimates and Forecast, 2016-2025 ($Million)
Diagnostic ENT Devices-
Rigid Endoscope
Rhinoscopes
Laryngoscopes
Otological endoscopes
Flexible endoscopes
Robot assisted endoscopes
Hearing screening devices
Surgical ENT Devices-
RF Handpieces
Powered surgical instruments
Otological drill burrs
ENT hand instruments
Tympanostomy tubes
Sinus dilation devices
Nasal packing devices
Hearing Aids-
In-the-ear (ITE)
Receiver ITE
Behind-the-ear
Canal hearing aids ITC, CIC, IIC
Hearing Implants-
Auditory brainstem implants
Cochlear implants
Middle ear implants
Bone anchored hearing system
Voice Prosthesis Devices
Nasal Splints
Internal
External
Product segments investigated in this market incorporate ENT surgical equipment, nasal splints, hearing implants, hearing aids, voice prosthesis equipment, and diagnostic devices. Portable hearing assistants represented the biggest offer at over USD 5.0 billion in 2014. Developing predominance of hearing incapacity and hearing loss which warrants the utilization of the most recent innovation to empower audiologists to better comprehend and treat these disorders and the advent of technologically progressed and user-friendly devices are the components ascribing for its major share.
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Major Table of Contents:
1.Introduction
2.Executive Summary
3.Market Overview
4. ENT Device Market, By Product
4.1.Introduction
4.2. ENT Device Market, Assessment and Forecast, By Product, 2016-2025
4.3.Diagnostic ENT Devices
4.4.Surgical ENT Devices
4.5.Hearing Aids
4.6.Hearing Implants
4.7.Voice Prosthesis Devices
4.8.Nasal Splints
5. ENT Device Market, By Region
To be Continued….
Developing expectancy of life due to the presence of healthcare infrastructure that are sophisticated and rise in discretionary cash-flow levels has prompted rapid growth in the elderly population therefore, boosting development in target rates of disease incidences. Rising prevalence of disorders related to ageing, for example, loss of hearing and reduction in functioning rates of ear, nose, and throat, is anticipated to boost the ENT devices industry over the estimate time frame. The growing age likewise prompts lowered immunity levels making individuals more prone to diseases, such as a sore throat because of streptococcus contamination. Additionally, increasing levels of awareness associated with healthcare among patients and professionals, rising adoption rates of hearing aids and impairments due to the advancement of aesthetic products and developing pattern for nasal correction procedures are projected to spur the development of the market over the estimate time frame.
Key Growing Factors of the ENT Device Market:
North America ruled the general market in terms income share in 2014 at more than 35 percent, significantly because of the existence of supportive government activities, refined social healthcare foundation, and client awareness levels.
The Asia Pacific ENT gadgets market is anticipated to encounter quick development because of, rapid improvement in healthcare foundation, existence of supportive government approaches, clinical growth in product advancement and rising healthcare expenditure levels.
In 2014 Cochlear implant was additionally one of the biggest product fragments. The presentation of adaptable inserts is anticipated to drive fragment development over the forecast period. Advent of innovative headways, for example, microchip innovation is likewise prone to bolster utilization rates.
List of Tables:
Table 1.Ear, Nose, Throat (ENT) Device Market, By Product ($Million), 2016-2025
Table 2.Diagnostic ENT Devices Market, By Type ($Million), 2016-2025
Table 3.Diagnostic ENT Devices Market, By Region ($Million), 2016-2025
Table 4.Rigid Endoscopes Market, By Type ($Million), 2016-2025
Table 5.Rigid Endoscope Market, By Region ($Million), 2016-2025
Table 6.Rhinoscopes Market, By Region ($Million), 2016-2025
...
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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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