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Powered ENT Surgical Instruments Market Trends Estimates High Demand by 2026

01-22-2018 12:08 PM CET | Health & Medicine

Press release from: Persistence Market Research

Powered ENT Surgical Instruments Market Trends Estimates High

Powered ENT surgical instruments market are witnessing significant growth owing to increase in geriatric population, prevalence of chronic sinusitis, ear, and throat infections and increasing awareness among population. Other factors such as technology advancement, high adoption of minimally invasive ENT procedures and increase in footprints of prominent players in powered ENT surgical instruments market. However, insufficient quality assurance standards, lack of sterilization practices of equipment’s, defect in instruments and regimes pressure on healthcare providers to reduce overall cost of instruments hamper the growth of powered ENT surgical instruments market.

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ENT surgical instruments are used to treat simple and complex disorders related to ear, nose and throat and are consist of various medical devices namely Radiofrequency Devices, Hand instruments, ENT powered instruments. With increasing prevalence of chronic sinusitis and airway obstructive disorder, these endoscopic surgery is the treatment of choice as medical therapy fails provide complete relief to the patients. To overcome these problem surgical interventions are required. Powered surgical instruments are tools designed precisely to remove soft tissue, hard tissue and bone and enable better precision, surgical accessibility and positive outcomes for various ENT surgeries.

Powered ENT surgical instruments market witnessed substantial growth owing to adoption of surgical instruments, increase in the volume of surgical procedures, equipment accuracy and techniques used such as minimally invasive to treat ENT related problem. Also, innovation in surgical procedure and technology advancement to reduce the overall treatment cost propel the growth of powered ENT surgical instrument market during the forecast period.

Depending on geographic region, powered ENT surgical instruments market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. Asia Pacific dominates the global powered ENT surgical instruments market followed by Europe, Japan and North America owing to high prevalence of chronic disease, rising geriatric population, adoption of minimally invasive procedure and reimbursement policy in these regions. Asia Pacific, Middle East and Africa hold huge potential and shows substantial growth in terms of wide acceptance of new technology owing to awareness among population, increase in the medical tourism and increasing healthcare expenditure.

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Key players of powered ENT surgical instruments market are Medtronic Plc, Conmed Corporation, Olympus Corporation, Bien-Air, Portescap.

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To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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