Global ENT devices market is expected to register a CAGR of around 7% over the period of 2021-2027. The growing burden of ENT-related disorders is facilitating the ENT devices market growth across the globe. For instance, as per National Health Mission, In India, the estimated significant auditory impairment reaches up to
6.3% prevalence (moderate to severe hearing loss) out of the total population of 1.25 billion. Furthermore, the market is anticipated to grow on account of the growing technological advancement, a large number of ongoing research activities in this field, rising government and public-private investments, and favorable reimbursement policies.
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Based on product type, the market is classified into diagnostic devices, surgical devices, hearing aids, and visualization devices. Amongst them, the hearing aids category accounted for a significant share of the market. This is mainly due to the increasing adoption of these devices, and technological advancements due to an increase in investment by market players in R&D contributing to the growth of the market.
Based on end-users, the market is categorized into hospitals, ENT clinics, and ambulatory clinics. Among these, the hospitals are expected to witness the highest CAGR during the forecast period. The increasing rise in disposable income and increasing affordability for ENT treatment, high prevalence of hearing loss are the major driving factors for this segment.
North America to witness extensive growth
For a better understanding of the market adoption of ENT devices market, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. North America constitutes a major market for the ENT devices industry and generated major revenue in 2020 owing to the presence of well-established market players and the rising geriatric population in the region.
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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the global ENT devices market are Karl Storz Gmbh & co. KG, Medtronic plc, Stryker Corporation, Smith & Nephew plc, Olympus Corporation, Acclarent, inc., Cochlear Limited, Hoya Corporation, GN Store Nord, Welch Allyn. Several M&A’s along with partnerships have been undertaken by these players to boost their presence in different regions.
“Global ENT Devices Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.
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Market Segmentations:
1. By Product Type (Diagnostic Devices, Surgical Devices, Hearing Aids, and Visualization Devices)
2. By End-Users (Hospitals, ENT Clinics, and Ambulatory Clinics)
3. By Region (North America, Europe, Asia-Pacific, Rest of the World)
4. By Company (Karl Storz Gmbh & co. KG, Medtronic plc, Stryker Corporation, Smith & Nephew plc, Olympus Corporation, Acclarent, inc., Cochlear Limited, Hoya Corporation, GN Store Nord, Welch Allyn)
Key questions answered in the study:
1. What are the current and future trends of the global ENT devices industry?
2. How the industry has been evolving in terms of product type and end-users?
3. How the competition has been shaping across the countries followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the global ENT devices industry?
5. What is the customer orientation, purchase behavior, and expectations from the global ENT devices suppliers across various region and countries?
Table of Content –
1 MARKET INTRODUCTION
2 RESEARCH METHODOLOGY OR ASSUMPTION
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 GLOBAL ENT DEVICES MARKET COVID-19 IMPACT
6 GLOBAL ENT DEVICES MARKET REVENUE, 2019-2027F
7 MARKET INSIGHTS BY PRODUCT TYPE
8 MARKET INSIGHTS BY APPLICATION
9 MARKET INSIGHTS BY REGION
10 ENT DEVICES MARKET DYNAMICS
11 ENT DEVICES MARKET OPPORTUNITIES
12 ENT DEVICES MARKET TRENDS
13 LEGAL & REGULATORY FRAMEWORK
14 DEMAND AND SUPPLY SIDE ANALYSIS
15 VALUE CHAIN ANALYSIS
16 COMPETITIVE SCENARIO
17 COMPANY PROFILED
18 DISCLAIMER
About Us:
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