Press release
ENT Devices Market Expected to Achieve 8.5% CAGR by 2029: Growth Forecast Insights
ENT Devices Market
How Large Will the ENT Devices Market Size By 2025?
Recent years have seen a robust growth in the market size for ENT devices. An upsurge from $33.14 billion in 2024 to $35.83 billion in 2025 is projected, exhibiting a compound annual growth rate (CAGR) of 8.1%. Factors contributing to this growth over the historic period include an aging population, chronic health conditions, healthcare reimbursements, and advancements in diagnostics.
How Big Is the ENT Devices Market Size Expected to Grow by 2029?
Expectations are high for a significant expansion in the ent devices market over the coming years, with predictions pointing to an increase to $49.7 billion by 2029, with a compound annual growth rate (CAGR) of 8.5%. This projected growth during the forecast period can be associated with factors such as the rise of telemedicine and remote consultations, personalized healthcare, value-based care, growth in emerging markets, and the integration of artificial intelligence (AI). Key trends to watch during this forecast period consist of minimally invasive techniques, remote monitoring and telehealth systems, 3D printed urological implants, tele-audiology, and smart hearing protection.
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Which Key Market Drivers Powering ENT Devices Market Expansion and Growth?
The escalating occurrence of ENT conditions is anticipated to boost the expansion of the ENT device market. ENT refers to the medical branches that focus on the ears, nose, and throat, covering an extensive range of health issues affecting these body parts. Diagnostic, monitoring, and treatment procedures for these health problems utilize ENT equipment. As per an article by the World Health Organization in Switzerland in February 2023, over 5% of the global population, which is approximately 430 million people (432 million adults plus 34 million children), will require rehabilitation due to their debilitating hearing loss. Furthermore, by 2050, the number of people suffering from hearing loss is likely to surpass 700 million. Hence, the escalating frequency of ENT ailments will stimulate the progress of the ENT device market in the future.
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Which Fast-Growing Trends Are Poised to Disrupt the ENT Devices Market?
Leading enterprises in the ENT devices market are rolling out new technology, like TruDi, to enhance their profit margin. TruDi is a navigation system developed for ENT procedures which aims to offer accurate and effective image-guided preoperative planning. For instance, in January 2022, Acclarent Inc., a Johnson & Johnson Medical Devices Companies' subsidiary based in the US, introduced its inaugural AI-powered ENT technology, TruDi. The software package comprises TruSeg and TruPath, devised for use with the TruDi Navigation System. This technology leverages a machine learning algorithm to ensure reliable and efficient image-guided preoperative planning and navigation for ENT surgical procedures, including endoscopic sinus surgery. The TruDi Navigation System itself is a pioneering single-use blade guided by electromagnetism, specifically designed for ENT procedures.
What Are the Emerging Segments in the ENT Devices Market?
The ent devices market covered in this report is segmented -
1) By Type: Hearing Aid Devices And Equipment, Hearing Diagnostic Devices And Equipment, ENT Surgical Devices And Equipment, Hearing Implants, Voice Prosthesis Devices And Equipment, Nasal Splints
2) By End User: Hospitals And Clinics, Diagnostic Laboratories, Other End Users
3) By Type of Expenditure: Public, Private
4) By Product: Instruments Or Equipment, Disposables
Subsegments:
1) By Hearing Aid Devices And Equipment: Behind-The-Ear (BTE) Hearing Aids, In-The-Ear (ITE) Hearing Aids, In-The-Canal (ITC) Hearing Aids, Completely-In-The-Canal (CIC) Hearing Aids, Bone Anchored Hearing Aids (BAHA)
2) By Hearing Diagnostic Devices And Equipment: Audiometers, Tympanometers, Otoacoustic Emission (OAE) Equipment, Auditory Brainstem Response (ABR) Equipment
3) By ENT Surgical Devices And Equipment: Endoscopes, Nasal Surgical Instruments, Laryngoscopes, Surgical Microscopes, ENT Lasers
4) By Hearing Implants: Cochlear Implants, Bone Conduction Implants
5) By Voice Prosthesis Devices And Equipment: Laryngeal Prostheses, Electrolarynx Devices
6) By Nasal Splints: External Nasal Splints, Internal Nasal Splints
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Who Are the Global Leaders in the ENT Devices Market?
Major companies operating in the ENT devices market include Sonova Holdings AG, Demant A/S, Medtronic plc, GN Store Nord A/S, Cochlear Limited, Olympus Corporation, Stryker Corporation, Karl Storz SE & Co. KG, Merck & Co. Inc., Smith & Nephew plc, Richard Wolf GmbH, Cook Group Incorporated, Grace Medical Inc., Intersect ENT Inc., Lumenis Ltd., Merz Pharma GmbH & Co KGaA, Atos Medical AB, Oticon Medical AB, Siemens Healthcare GmbH, ArthroCare Corporation, Xoran Technologies LLC, Zhejiang Tiansong Medical Instrument Co. Ltd., Acclarent Inc., Meril Life Sciences Pvt. Ltd., SinuSys Corporation, Audina Hearing Instruments Inc., Ambu A/S, Nupur Technologies, 3NT Medical, Welch Allyn Inc., Otopront Medizintechnik GmbH.
Which are the Top Profitable Regional Markets for the ENT Devices Industry?
Asia-Pacific was the largest region in the global ENT devices market in 2024. North America was the second largest region in the global ENT devices market. Africa. was the smallest region in the global ENT devices market. The regions covered in the ENT devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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