The Global ENT Devices Market was valued at USD 16.80 billion in 2021 | DelveInsight

The global ENT devices market was valued at USD 16.80 billion in 2021, growing at a CAGR of 6.89% during the forecast period from 2022 to 2027 to reach USD 25.02 billion by 2027. The positive growth in the ENT devices market is due to the rising prevalence of various Ear, Nose, and Throat problems as a result of injuries, viral and bacterial infections, chronic diseases like cancer, allergic rhinitis, and an increasing geriatric population. The growing cases of hearing loss or deafness are another major driver driving the market growth of ENT devices. The various technological developments for minimally invasive surgical ENT devices are another matter of fact for the growth of this market. The boom in plastic surgeries over many years also explains the growing need for effective ENT devices.

ENT Devices Overview
ENT Devices are medical devices that are employed in the diagnosis, treatment, and management of ear, nose, and throat health. The ENT device market is slated to witness prosperity owing to factors such as the growing prevalence of bacterial and viral infections.

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Regions covered in the report
• Global

Recent Developmental Activities in ENT Devices Market
• In January 2022, Cochlear Limited (ASX: COH) received U.S. Food and Drug Administration (FDA) approval for its Cochlear™ Nucleus® which offers an implant for unilateral hearing loss (UHL)/single-sided deafness (SSD).
• In August 2021, 3NT Medical received U.S. Food and Drug Administration (FDA) approval for Peregrine Drivable ENT Scope which allows ENT specialists to visualize in-depth intra-sinus anatomy with minimal resection.
• In November 2020, SafKan Health received FDA clearance for its OtoSet which is the first automated ear cleaning system.

Key Takeaways from the ENT Devices Market Report Study

• Market size analysis for current ENT devices market size (2021), and market forecast for 5 years (2022-2027)
• The effect of the COVID-19 pandemic on this market is significant. To capture and analyze suitable indicators, our experts are closely watching the ENT devices market.
• Top key product/services/technology developments, mergers, acquisitions, partnerships, and joint ventures happened over the last 3 years
• Key companies dominating the global ENT devices market.
• Various opportunities are available for the other competitor in the ENT devices market space.
• What are the top-performing segments in 2021? How these segments will perform in 2027.
• Which are the top-performing regions and countries in the current ENT devices market scenario?
• Which are the regions and countries where companies should have concentrated on opportunities for ENT devices market growth in the coming future?

COVID19 Impact on the ENT Devices Market

During the period of the COVID-19 pandemic, the ENT device market growth has shown some decline due to shifted primary focus on first treating patients suffering from Coronavirus. The hospitals closed down the ENT department during the pandemic owing to lockdown and also to avoid any chance of spread of infection. However, as everything has been normalized post-COVID-19, and with the increase in public awareness of ENT health and regular check-ups, there is a growth in ENT surgeries. Thus, the market seems to grow effectively during the forecast period from 2022 to 2027.

ENT Devices Market

ENT Devices Market By Device Type (Diagnostic ENT Devices, Surgical ENT Devices, Hearing Aids, Hearing Implants, Nasal Splints, And Others) Procedure Type (Laryngoscopy, Functional Endoscopic Sinus Surgery, Tonsillectomy, Adenoidectomy, And Others) By Usability (Disposable And Reusable) By Age Group (Pediatric And Adults) By End-User (Hospitals, ENT Clinics, And Others) by geography is estimated to register a significant growth during the forecast period from 2022-2027 owing to surge in prevalence of ENT problems and technological advances in ENT devices.

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ENT Devices Market Dynamics

The growth of ENT devices is owing to various factors including chronic diseases, injuries, infections, increasing age, and others. The rising prevalence of head and neck cancer which requires thorough diagnosis and surgery for removal of the tumor is an important factor for market growth. According to National Cancer Institute 2021, out of total cancer cases in the US, the cases of head and neck cancer accounts for 4%. The increase in bacterial and viral infections worldwide affecting ear, nose, and throat health is also causing a rise in the demand for ENT diagnostic and surgical devices. For instance, according to the World Health Organization (WHO) data published in 2021, the probability of an individual facing long-term effects such as loss of hearing, speech, and communication after getting recovered from bacterial meningitis is 1 out of 5. Along with this the decrease or overall loss of hearing ability with increasing age requires immediate action in form of hearing aids and implants, for which surgeries are done eventually leading to the growth of the ENT devices market.

ENT Devices Market Growth Factors

The other important factor for the ENT devices market growth is the new technological developments happening for effective but minimally invasive procedures at affordable costs. For instance, Georgia Tech researchers have developed affordable ultra-low-cost hearing aid to help millions of people suffering from age-related hearing loss.

ENT Devices Market Segment Analysis
• ENT Devices Market by Device type (Diagnostic ENT Devices, Surgical ENT Devices, Hearing Aids, Hearing Implants, Nasal Splints, and Others)
• ENT Devices Market by Procedure type (Laryngoscopy, Functional Endoscopic Sinus Surgery, Tonsillectomy, Adenoidectomy, and Others) Usability (Disposable and Reusable), Age Group (Paediatric and Adults),
• ENT Devices Market by End-User (Hospitals, ENT Clinics, and Others)
• ENT Devices Market by Geography (North America, Europe, Asia-Pacific, and Rest of the World).

ENT Devices Market is expected to dominate the North America
The ENT device market is going to see prosperity in the North America region specifically owing to key factors including underlying diseases like cancer, allergic rhinitis, sinusitis, new technological advancements, high-tech medical facilities, government support, and awareness regarding ENT health among others.

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Table of Content
1. ENT Devices Market Report Introduction
2. ENT Devices Market Executive Summary
3. Regulatory Analysis
4. ENT Devices Market Key Factors Analysis
5. ENT Devices Market Porter's Five Forces Analysis
6. COVID-19 Impact Analysis on ENT Devices Market
7. ENT Devices Market Layout
8. ENT Devices Market Global Company Share Analysis - Key 3-5 Companies
9. ENT Services Market Company and Product Profiles
10. KOL Views
11. Project Approach
12. About DelveInsight
13. Disclaimer & Contact Us

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