Global ENT Devices Market Size To Power Thoroughly And Reach USD 28.51 Billion By 2032
As per Zion Market Research, the global ENT devices market is predicted to cross USD 28.51 billion by 2032 from USD 17.60 billion in 2023, with a CAGR of almost 5.63%.
Growth in ENT devices market is majorly powered by the increasing elderly population, high occurrence of chronic sinusitis, increasing acceptance of minimally invasive ENT surgeries, encouraging reimbursement cases for ENT surgeries in developed nations, technical improvements, and rising attendance of prominent companies in the ENT devices market. The increasing acceptance of surgical techniques and instruments that are more accurate and minimally invasive as compared to traditional techniques is a major market fashion that will power the global market in the coming period.
Major players in the ENT devices market comprise Cochlear Limited, Medtronic plc, KARLSTORZ GmbH & Co, Olympus Corporation, Smith & Nephew plc, Stryker Corporation, Hoya Corporation, Acclarent, Inc., William Demant Holdings A/S, and Sonova Holdings AG.
Increasing Occurrence Of Sinusitis Is Predicted To Power The Development Of ENT Devices Market
Chronic sinusitis is one of the leading 10 medical cases and adds up to almost USD 9 billion of direct healthcare prices in the US. As per the CDC, almost 29 million people, or 13% of the adult people in the US have chronic sinusitis, making it more widespread than asthma and diabetes. This high occurrence of chronic sinusitis is powering the requirement for ENT techniques such as FESS (functional endoscopic sinus surgery), endoscopic sinus surgeries, and balloon sinus dilation. Hence, the increasing occurrence of sinusitis is predicted to power the development of the ENT devices market.
The global ENT Devices Market report by Zion Market Research is a comprehensive study of present market trends in the industry, market growth factors, and limitations. These markets are studied at a geographical level to offer an exhaustive market study till 2032. Every market is analyzed comprehensively at a granular stage by region (North America, Asia, Europe, and the Rest of the World) to offer a thorough analysis of the global scenario.
ENT Devices Market: Competitive Analysis
The global ENT devices market is dominated by players like:
- WILLIAM DEMANT HOLDING USA INC s A/S
- Cochlear
- Medtronic plc
- Stryker
- Karlstor Z GmbH & Co
- Acclarent
- Olympus Corporation
- Smith+Nephew plc
- Hoya Vision Care
- Sonova Holding AG / ADR s AG.
The global ENT devices market is segmented as follows:
By Product
- Diagnostic ENT DevicesEndoscopesRigid EndoscopesOtoscopesSinuscopesFlexible EndoscopesLaryngoscopesPharyngoscopesNasopharyngoscopesRhinoscopesHearing Screening Devices
- Surgical ENT DevicesPowered Surgical InstrumentsRadiofrequency DevicesHandheld InstrumentsRhinology InstrumentsOtology InstrumentsLaryngeal InstrumentsHead and Neck Surgical InstrumentsOther Handheld InstrumentsBalloon sinus dilation devicesENT SuppliesPacking MaterialNasal Splints & StentsEar Tubes
- Hearing Aids
- Hearing Implants
- CO2 Lasers
- Image-guided Surgery Systems
By End User
- Hospitals
- ENT Clinics
- Home-use
By Region
- North AmericaThe U.S.Canada
- EuropeFranceThe UKSpainGermanyItalyRest of Europe
- Asia PacificChinaJapanIndiaSouth KoreaSoutheast AsiaRest of Asia Pacific
- Latin AmericaBrazilMexicoRest of Latin America
- Middle East & AfricaGCCSouth AfricaRest of Middle East & Africa
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