Vestibular Testing Systems Market Is Predicted To Expand At A CAGR of 5.8% to reach US$ 201.1 Million by 2032

The global vestibular testing systems market is currently valued at US$ 114.6 million and is predicted to expand at a CAGR of 5.8% to reach US$ 201.1 million by the end of 2032.

With high numbers of vestibular testing procedures being performed, North America is expected to offer the most opportunities to market players over the assessment period (2022-2032).

Due to the low cost and simplicity of use of vestibular testing devices, the market is predicted to expand gradually over the forecast period. The private hospitals and clinics dominate the market. It is projected that the hospitals segment would generate a substantial portion of the market's revenue due to the expansion of hospital infrastructure.

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Competitive Landscape

Primary growth tactics being pursued by industry players include research and development initiatives, partnerships, and new product developments. Key stakeholders are concentrating on these methods to broaden their geographic reach and improve their current product offerings.

• In July 2022, Natus Medical Incorporated was acquired by ArchiMed, which is a leading investment firm exclusively focused on the healthcare industry.

• In June 2018, Interacoustics A/S launched the new Micromedical Orion rotary chair for enhanced vestibular assessment.

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Key Companies Profiled by Fact.MR

• Natus Medical Incorporated
• balanceback (Vestibular Research & Development, LLC.)
• BioMed Jena GmbH
• Neuro Kinetics, Inc
• Micromedical Technologies
• Instrumentation Difra SA
• Interacoustics A/S
• Synapsys (an Inventis company)
• Bertec Corporation
• Framiral

Segmentation of Vestibular Testing Systems Industry Research

• By Product Type :

o Videonystagmography (VNG) Systems
o Vestibular Evoked Myogenic Potential (VEMP) Systems
o Rotary Chairs
o Computerized Dynamic Post Urography

• By End User :

o Hospitals
o Private Clinics

• By Region :

o North America
o Latin America
o Europe
o East Asia
o South Asia & ASEAN
o Oceania
o MEA

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Questionnaire answered in the Vestibular Testing Systems Market report include:

• How the market for Vestibular Testing Systems has grown?
• What is the present and future outlook of the global Vestibular Testing Systems on the basis of region?
• What are the challenges and opportunities for the Vestibular Testing Systems?
• Why the consumption of Vestibular Testing Systems highest in region?
• In which year segment is expected to overtake segment?

Table of Content

1. Vestibular Testing Systems Market - Executive Summary

2. Market Overview

2.1. Market Definition and Introduction
2.2. Market Taxonomy/ Research Scope

3. Market Background and Foundation Data

3.1. Vestibular Testing Systems Market Outlook
3.2. Number of ENT Clinics Per 1000 Population
3.3. Vestibular Testing System Product Type Analysis

4. Global Vestibular Testing Systems Market Value (US$ Million) Analysis and Forecast

4.1. Historical Market Value (US$ Million) Analysis, 2017-2021
4.2. Current and Future Market Value (US$ Million) Projections, 2022-2032

5. Global Vestibular Testing Systems Market Analysis and Forecast, By Product Type

5.1. Introduction / Key Findings
5.2. Historical Market Size (US$ Million) Analysis By Product Type, 2017-2021
5.3. Current and Future Market Size (US$ Million)
Analysis, Forecast By Product Type, 2022-2032

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