Top Insights on the ENT Devices Market - key players Involved: American Hearing Systems Inc., Atos Medical, Cochlear Ltd, InHealth Technologies

Latest released, the research study on Global ENT Devices Market Report Forecast 2021 - 2025, offers a detailed overview of the factors influencing the global business scope. ENT Devices Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the ENT Devices. The study covers emerging player's data, including competitive landscape, sales, revenue and global market share of top manufacturers are: American Hearing Systems Inc., Atos Medical, Cochlear Ltd, InHealth Technologies, Medtronic PLC, Olympus Corporation, Sivantos Group, Starkey Laboratories Inc., Stryker Corporation, Welch Allyn

According to the estimates of 2018 by the World Health Organization, the prevalence of hearing loss has increased globally, even in developed countries. A per the report, in the United States, the incidence of hearing loss has increased from 11.5 million in 2008, to nearly 15 million in 2018.

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Covid-19 Impact and Recovery Analysis:

The global ENT Devices market report also includes the impact of the Covid-19 pandemic. Moreover, it offers an exhaustive analysis of aspects that will encounter the development of the market pre & post Covid-19 pandemic.

Key Market Trends

Hearing Aids is the Segment under Product Type is Expected to Account for Fastest Growth Rate during the Forecast Period

A hearing aid is a small electronic device that you wear in or behind your ear. It makes some sounds louder so that a person with hearing loss can listen, communicate, and participate more fully in daily activities. A hearing aid can help people hear more in both quiet and noisy situations. Hearing aids are primarily useful in improving the hearing and speech comprehension of people who have hearing loss that results from damage to the small sensory cells in the inner ear.

Moreover, the demand for these devices is increasing due to the increasing population with hearing loss. As per a 2018 report by the World Health Organization, the population with hearing loss is expected to increase from 466 million in 2018 to nearly 900 million by 2050. This will increase the demand for hearing aids, which will boost the market growth.

Regional Analysis:

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

North America accounted for the Largest Share in the Global Market

North America is found to hold a major share for the ENT devices market and is expected to show a similar trend over the forecast period, without significant fluctuations. Most of the market players are based in North America and there is awareness about the advantages of using ENT devices solutions.

According to the estimates of the Hearing Health Foundation, there are 600,000-750,000 cases of Mnires disease in the United States, with 45,000 to 60,000 new cases diagnosed annually. Favourable reimbursement policies, better healthcare infrastructure, high cases of chronic sinusitis, and other ENT disorders are the reasons for the high market share of the United States.

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