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Tier 1 Players Account for Over 58% Share of ENT Surgical Devices Market || Key Players: Shanghai Fosun Pharmaceuticals Ltd. (AC. Alma Lasers), KLS Martin LP, Acclarent, Inc.,
Major investments in the ENT surgical devices market are in clinical research studies that are aimed at receiving authorization. The ENT surgical devices marketplace has witnessed a number of FDA clearance in past few years.
ENT Surgical Devices Market is expected to surpass US$ 2,500 million in 2019, according to a new study by Fact.MR. The ENT surgical devices market witnessed a steady progress and grew at 6.6% y-o-y in 2018. Overall growth of the ENT surgical devices market can be attributed to,
Technological advancements enhancing ENT procedure efficiency and outcome
Reimbursement policies in favor of ENT surgeries
Product developments accommodating demand trend such as minimal invasion
The medical technology industry has shifted from a traditional marketing model to a care delivery model. Following the new business approach, Tier 1 and Tier 2 players portray hegemony in the market and continue to introduce disruptive technology innovations in ENT surgical devices.
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Hospitals Held Over Half the Revenues in 2018, ENT Clinics Growing Rapidly
Fact.MR valuation finds that the ENT surgical devices market hit US$ 2,345 million in 2018 and the growth trend will continue in 2019. Hospitals continued to capture greater market share of the ENT surgical devices market in 2018. Improved hospital infrastructure with well-equipped ENT instruments can be attributed to over half the global share of hospitals in the ENT surgical devices market.
A Race for Reinvention Leads to M&As in Medical Devices Market – Key Strategies of Sustenance
In a bid to stay ahead of end-user demand, manufacturers in the medical devices market are engaged in developing smart devices. As technology integration and data harnessing plays a key role in this development, the medical devices technology marketplace has witnessed a significant number of M&A activities. A similar trend has been observed in the ENT surgical devices marketplace.
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ENT Surgical Devices Market Structure
The ENT surgical devices market study is based on a comprehensive analysis of the demand-supply scenario of all the important market facets. Thus derived structure of the ENT surgical devices market is segmented based on product type, modality and end users.
Based on product type, the ENT surgical devices market is sub-segmented into a number of devices such as hand instrument, ENT surgical lasers, powered ENT surgical systems, electrosurgical and radiofrequency devices, ENT surgery workstations, ENT surgical navigation system, ENT visualization system and surgical microscopes.
On the basis of modality, the ENT surgical devices market is sub-segmented into hand-held devices, portable devices and fixed devices. End-user segment of the ENT surgical devices includes hospitals, ambulatory surgical centers and ENT clinics.
The market structure also includes ENT surgical devices market segmentation based on regions. Key regions included in the ENT surgical devices market regional analysis are North America, Latin America, Europe, CIS & Russia, APEJ, Japan and MEA.
ENT Surgical Devices Market - Competitive Landscape
The ENT surgical devices market report covers information on the competitive landscape that delivers the competition scenario and future opportunities in the ENT surgical devices marketplace. Readers can find a dashboard view of key players and a company profile section which provides information regarding product offerings, new introductions, market presence, global footprint and notable developments of key players in the ENT surgical devices market.
Few of the profiled players in the ENT surgical devices market include Olympus Corporation, Medtronic PLC, Carl Zeiss Meditec AG, 16.4.Danaher Corporation (Leica Microsystems), Shanghai Fosun Pharmaceuticals Ltd. (AC. Alma Lasers), KLS Martin LP, Acclarent, Inc., Smith and Nephew PLC, ClaroNav, Collin SAS, Lumenis and Brainlab.
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About Fact.MR
Fact.MR 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.
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