Medical devices used for diagnosis, treatment, or surgery of Ear, nose, and throat disorders are termed ENT devices. These devices include endoscopes, balloon dilation devices, hearing aids, and others. These devices facilitate better precision, surgical access, and patient outcomes for a variety of ENT surgeries. The ears, nose, and throat are important parts of the human body, and the ears also provide a sense of balance. Hence treatment and diagnosis of dysfunction of the ears, nose, or throat are very crucial. According to the World health organization, in 2020, approximately 466 million people all over the world have disabling hearing loss, and 34 million of these are children.
The "ENT Devices Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of ENT Devices market with detailed market segmentation by product type, end user and geography. The ent devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in ENT Devices market and offers key trends and opportunities in the market.
Based on the product type ENT Devices market is segmented as Diagnostic Devices, Surgical Devices, Hearing Aids, and Others.
Based on the end user the market is segmented as Hospitals, ENT Clinics, and Ambulatory Surgical Centers.
Increasing incidences of chronic sinusitis and increasing geriatric population
Increasing preference for minimally invasive procedures for ENT surgeries.
Reimbursement policies in developed countries for ENT procedures
High cost of instruments
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the ENT Devices market based on various segments. It also provides market size and forecast estimates from year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The ENT Devices market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting ENT Devices market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the ENT Devices market in these regions.
IMPACT OF COVID-19 ON ENT DEVICES MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The ENT Devices market registered a growth in COVID-19 pandemic times as more physician worked on investigating the post COVID-19 symptoms in patient suffering from black fungus.
The report covers key developments in the ENT Devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from ENT Devices market are anticipated to have lucrative growth opportunities in the future with the rising demand for ENT Devices in the global market. Below mentioned is the list of few companies engaged in the ENT Devices market.
The report also includes the profiles of key players in ENT Devices market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- KARL STORZ SE & CO. KG
- SMITH & NEPHEW
- OLYMPUS CORPORATION
- ACCLARENT, INC.
- COCHLEAR LTD
- WILLIAM DEMANT HOLDING A/S
- RION CO.; LTD.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.