ENT Devices Market
The ENT devices market is expected to register a CAGR of around 6.4% during the forecast period. Ear, nose and throat (ENT) devices are special equipment used for detection, therapy or surgery of any disorders related to the ear, nose or throat. They also refer to synthetic materials and prosthetic devices used to restore any dysfunction of an ear, nose, or throat, as well as aiding to correct any problems with hearing, smelling, or speaking.
Increasing Trend for Customized Implants
With advancement of the bio materials field, implants that can be used both internally and externally for both long and short durations are available. Each patient has a different kind of disorder and a different severity of the disorder. The same kind of an implant cannot be used uniformly in all patients. Customized implants solve this problem allowing surgeons and doctors to treat each patient differently and also avoiding problems, such as graft rejections. There is a growing incidence of laryngeal cancer globally and the treatment it is either surgery or radiation. Surgeries not only result in the loss of voice but the gap in the air passage can cause choking. These severe psychosocial and physiological problems can be overcome with the use of implants. The cochlear implants market has a large market share with an increase in the number of cases of patients who suffer from hearing disorders. The implants bring them a clear hearing and speech experience. This will allow to boost the market growth along with other factors, such as rapidly growing aging population and technological advancements.
High Costs of ENT Devices
The ENT devices and implants are expensive and can be afforded only by a few. Implants are more expensive than hearing aids. Developing and under developed countries have a low per capita income making advanced medical treatments, like implants unaffordable. Technologies, like voice restoration implants are still unavailable in most countries. The healthcare facility in these countries is still developing making these technologies inaccessible to the population. This is a restraint along with other factors, like reimbursement policy for ENT devices to the Global ENT Devices Market.
North America to Grow at Highest CAGR in ENT Devices Market
Most of the market players are based in North America and there is awareness about advantages of using ENT devices solutions. Favorable reimbursement policies, better healthcare infrastructure, high cases of chronic sinusitis and other ENT disorders are the reason for high market share. Europe also has a good market share, especially for hearing aids due to high awareness and good healthcare infrastructure.
Key Developments in the ENT Devices Market
- March 2018 – Etymotic research merges with lucid hearing/lucid audio etymotic research kept its present name, product lines, and engineers. The facility will remain in Elk Grove Village, iii
ENT Devices Market Major Players
- American Hearing Systems Inc.
- Audiosync Inc.
- Beltone.
- Cochlear Ltd.
- GN ReSound A/S.
- InHealth Technologies.
- Rexton Inc.
- Siemens Healthcare.
- Panasonic Corp.
- Sonic Innovations Inc.
- Sonova Holding AG.
- Starkey Laboratories Inc.
- Unitron Hearing Inc.
- and Zounds Inc.
Reasons to Purchase ENT Devices Market Report
- Current and future ENT Devices market outlook in the developed and emerging markets
- Analysis of various perspectives of the market with the help of Porter’s five forces analysis
- The segment that is expected to dominate the market
- Regions that are expected to witness fastest growth during the forecast period
- Identify the latest developments, market shares, and strategies employed by the major market players
- 3-month analyst support, along with the Market Estimate sheet (in excel)
Customize ENT Devices Market Report
-
This report can be customized to meet your requirements. Please connect with our representative, who will ensure you to get a report that suits your needs
1. Introduction
1.1 Market Definition
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. ENT Devices Market Overview
5.1 Current Market Scenario
5.2 Porter's Five Forces Analysis
5.2.1 Bargaining Power of Suppliers
5.2.2 Bargaining Power of Consumers
5.2.3 Threat of New Entrants
5.2.4 Threat of Substitute Product and Services
5.2.5 Competitive Rivalry Within the Industry
6. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
6.1 ENT Devices Market Drivers
6.1.1 Rapidly Growing Aging Population
6.1.2 Increasing Trend for Customized Implants
6.1.3 Technological Advancements
6.2 ENT Devices Market Restraints
6.2.1 Reimbursement Policy for ENT Devices
6.2.2 High Costs of ENT Devices
6.3 ENT Devices Market Opportunities
6.4 ENT Devices Market Key Challenges
7. Market Segmentation
7.1 ENT Devices Market By Product
7.1.1 Diagnostic Devices
7.1.1.1 Endoscopes
7.1.1.1.1 Rigid Endoscopes
7.1.1.1.1.1 Otoscopes
7.1.1.1.1.2 Sinuscopes
7.1.1.1.2 Flexible Endoscopes
7.1.1.1.2.1 Rhinoscopes
7.1.1.1.2.2 Laryngoscopes
7.1.1.1.2.3 Pharyngoscopes
7.1.1.1.2.4 Nasopharyngoscopes
7.1.1.2 Hearing Screening Devices
7.1.2 Surgical Devices
7.1.2.1 Powered Surgical Instruments
7.1.2.2 Radiofrequency (RF) Handpieces
7.1.2.3 Handheld Instruments
7.1.2.3.1 Rhinology Instruments
7.1.2.3.2 Otology Instruments
7.1.2.3.3 Laryngeal Instruments
7.1.2.3.4 Head and Neck Surgery Instruments
7.1.2.3.5 Other Handheld Instruments
7.1.2.4 Balloon Sinus Dilation Devices
7.1.2.5 ENT Supplies
7.1.2.5.1 Packing Material
7.1.2.5.2 Nasal Stents & Splints
7.1.2.6 Ear Tubes
7.1.2.7 Voice Prosthesis Devices
7.1.3 Hearing Aids
7.1.4 Hearing Implants
7.1.5 Co2 Lasers
7.1.6 Image-Guided Surgery Systems
7.2 ENT Devices Market By End User
7.2.1 Home Use
7.2.2 Hospitals
7.2.3 Ambulatory Settings
7.2.4 ENT Clinics
7.3 ENT Devices Market By Geography
7.3.1 North America ENT Devices Market Size (2018-2023)
7.3.1.1 United States ENT Devices Market Size (2018-2023)
7.3.1.2 Canada ENT Devices Market Size (2018-2023)
7.3.1.3 Mexico ENT Devices Market Size (2018-2023)
7.3.2 Europe ENT Devices Market Size (2018-2023)
7.3.2.1 France ENT Devices Market Size (2018-2023)
7.3.2.2 Germany ENT Devices Market Size (2018-2023)
7.3.2.3 United Kingdom ENT Devices Market Size (2018-2023)
7.3.2.4 Italy ENT Devices Market Size (2018-2023)
7.3.2.5 Spain ENT Devices Market Size (2018-2023)
7.3.2.6 Rest Of Europe
7.3.3 Asia-Pacific ENT Devices Market Size (2018-2023)
7.3.3.1 China ENT Devices Market Size (2018-2023)
7.3.3.2 Japan ENT Devices Market Size (2018-2023)
7.3.3.3 India ENT Devices Market Size (2018-2023)
7.3.3.4 Australia & New Zealand ENT Devices Market Size (2018-2023)
7.3.3.5 South Korea ENT Devices Market Size (2018-2023)
7.3.3.6 Rest of Asia-Pacific
7.3.4 Middle East & Africa ENT Devices Market Size (2018-2023)
7.3.4.1 GCC ENT Devices Market Size (2018-2023)
7.3.4.2 South Africa ENT Devices Market Size (2018-2023)
7.3.4.3 Rest of the Middle East & Africa
7.3.5 South America ENT Devices Market Size (2018-2023)
7.3.5.1 Brazil ENT Devices Market Size (2018-2023)
7.3.5.2 Argentina ENT Devices Market Size (2018-2023)
7.3.5.3 Rest of South America
8. ENT Devices Market Competitive Landscape
8.1 Mergers & Acquisition Analysis
8.2 Agreements, Collaborations, and Partnerships
8.3 New Products Launches
9. ENT Devices Market Key Players
9.1 American Hearing Systems Inc.
9.2 Audiosync Inc.
9.3 Beltone
9.4 Cochlear Ltd.
9.5 GN ReSound A/S
9.6 InHealth Technologies
9.7 Rexton Inc.
9.8 Siemens Healthcare, Panasonic Corp.
9.9 Sonic Innovations Inc.
9.10 Sonova Holding AG
9.11 Starkey Laboratories Inc.
9.12 Unitron Hearing Inc.
9.13 Zounds Inc.
List Not Exhaustive
10. Future of the ENT Devices Market
