Press release
Ear-Nose-Throat (ENT) Devices Market Statistics 2019| Key Players : Cochlear, Siemens Healthcare, William Demant, Atos Medical
Ear-Nose-Throat (ENT) Devices Market
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Technological advancements in hearing aids and ENT devices such as hearing implants will propel the industry growth. Recently developed hearing devices are invisible & available in small sizes, connected to ear by thin invisible tubes. This proves beneficial for the industry growth as it helps in resolving the social stigma prominent in adult and teenage population suffering from hearing loss. Also, advancements in hearing aids such as introduction of invisible in canal (IIC) devices that delivers natural as well as more clear sound with low power requirement. Moreover, superior quality surgical equipment and devices developed by key industry players will positively influence the business growth. For instance, Medtronic has developed surgical devices for ENT segment such as ontological burrs and drills that provides accuracy in surgeries. Additionally, technological advancements in endoscopes include auto endoscopes and capsule endoscopes that influences and encourages customer buying behavior and results in increasing the revenue size of diagnostic as well as surgical ENT devices. However, increasing cost of ENT devices will impede the market growth.
Hearing implants segment was valued at USD 1.6 billion in 2018 and expected to have considerable revenue size during analysis timeframe. Increasing use of implants in children with impairments in aural senses will prove beneficial for the segmental growth. Also, frequent introduction of novel implants is expected to boost the business growth. Cochlear implants are most popularly used implants, that bypass the mechanism of cochlea and arouse auditory nerves and availability of efficient cochlear implants will drive segmental growth. Also, advancements in middle ear implants provide various applications in hearing loss and used in treatment for outer ear infections, earmold allergies. Thus, increasing demand for middle ear implants will augment the overall segmental growth.
Eminent industry players operational in global market includes Atos Medical, Cochlear Limited, GN Hearing, Rion, Siemen’s Healthcare, Sonova, Starkey Hearing Technologies, Welch Allyn, Widex, William Demant. These industry players adopt strategies such as new product launch, mergers and acquisitions to maintain their market position. For instance, in June 2016, William Demant launched Oticon Opn, the most advanced hearing aid solution. Introduction of new products will enhance firm’s product portfolio.
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Chapter 1. Methodology
1.1. Methodology
1.2. Market definitions
1.3. Forecast parameters
1.4. Data sources
1.4.1. Secondary
1.4.1.1. Paid sources
1.4.1.2. Unpaid sources
1.4.2. Primary
Chapter 2. Executive Summary
2.1. Ear-Nose-Throat Devices industry 3600 synopsis, 2014 - 2025
2.1.1. Product type trends
2.1.2. Regional trends
Chapter 3. Ear-Nose-Throat Devices Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2014 - 2025
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Growing ENT disorders prevalence worldwide
3.3.1.2. Favorable regulatory landscape in Europe and North America
3.3.1.3. Increasing geriatric population globally
3.3.1.4. Technological advancements in the ENT devices in North America and Europe
3.3.2. Industry pitfalls and challenges
3.3.2.1. High procedure and instruments cost
3.3.2.2. Social stigma across the globe
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Data Tables
TABLE 1 Ear-Nose-Throat Devices Market 3600 synopsis, 2014 – 2025
TABLE 2 Global Ear-Nose-Throat (ENT) Devices Market, 2014 – 2025 (USD Million)
TABLE 3 Global Ear-Nose-Throat (ENT) Devices Market, by product, 2014 - 2025 (USD Million)
TABLE 4 Global Ear-Nose-Throat (ENT) Devices Market, by region, 2014 – 2025 (USD Million)
TABLE 5 Industry impact forces
TABLE 6 Diagnostic Ear-Nose-Throat (ENT) Devices Market size, by region, 2014 – 2025 (USD Million)
TABLE 7 Rigid endoscopes market size, by region, 2014 – 2025 (USD Million)
TABLE 8 Rhinoscopes market size, by region, 2014 – 2025 (USD Million)
TABLE 9 Laryngoscopes market size, by region, 2014 – 2025 (USD Million)
TABLE 10 Otological endoscopes market size, by region, 2014 – 2025 (USD Million)
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