ENT Devices Market - Detailed Analysis of Current Industry Figures with Forecasts Growth By 2024
Category: #world  By Ashwin Naphade  Date: 2019-01-28
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ENT Devices Market - Detailed Analysis of Current Industry Figures with Forecasts Growth By 2024

Market Study Report adds Global ENT Devices market report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, companies active in the industry and forecasts for the coming years.

Rising prevalence of ENT disorders including nasal trauma, deafness, larynx cancer, hearing loss across the globe fuels the need to develop devices used for effective diagnosis and treatment of such ailments augmenting the global ENT devices market.

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Germany should witness robust growth over the forecast period owing to high usage of hearing aids along with favorable government campaign such as “Noise at school - ‘hearer's licenses' for children” for increasing awareness among children about noise exposure will fuel regional growth. ENT Devices Market is set to exceed USD 24.5 billion by 2024; according to a new research report.

Presence of favorable government initiatives such as Walk4Hearing campaign organized by Hearing Loss Association of America (HLAA) aimed at increasing awareness levels for hearing loss in the U.S. will fuel industry expansion.

Rapid technological advancement in hearing devices coupled with increased funding for hearing aid evaluation, devices and nasal procedures will augment industry growth over the forecast timeframe.

Increased noise pollution rates leading to rise in hearing loss among children and youth will drive Canadian ENT devices market growth. Growing incidences of laryngeal cancer due to adoption of unhealthy habits such as alcohol consumption and tobacco smoking among adult population is another factor contributing to Canada's market share.

China ENT devices market should grow at significant rate due to rising geriatric population and strong government support such as providing hearing aids and cochlea implants to children under 6 years of age from families with low income.

Surging geriatric population will substantially influence ENT devices industry as they are more vulnerable to hearing ailments, throat infections and nasal disorders. Furthermore, high incidences among adult individuals will fuel the demand for ENT devices such as hearing aids, nasal splints, cochlear implants, auditory brainstem implants and sinus dilation devices in the future.

Some of the prominent industry players operating in global ENT market are Cochlear, Siemens Healthcare, William Demant, Atos Medical, Starkey Hearing Technologies, Widex and Sonova.

Industry players are focusing on research activities for the development of innovative products fulfilling unmet needs of patients with ENT disorders. For instance, Cochlear Limited introduced and launched its innovative Nucleus 7 cochlear implant sound processor in July 2017. The device allows users to stream sound from their iPhone, iPad and iPad touch further improving connectivity, accessibility and comfort through wireless solutions.

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Table of Content:

Chapter 1. Methodology

 1.1. Methodology  

 1.1.1.  Initial data exploration

 1.1.2.  Statistical model and forecast

 1.1.3.  Industry insights and validation

 1.1.4.  Market definition and forecast parameters  

 1.2. Data sources

 1.2.1.  Secondary

 1.2.2.  Primary

 Chapter 2.  Executive Summary

 2.1. ENT industry 360 degree synopsis, 2013 - 2024

 2.1.1.  Business trends

 2.1.2.  Application trends

 2.1.3.  Regional trends

 Chapter 3. ENT Industry Insights

 3.1. Industry segmentation

 3.2. Industry landscape, 2013 - 2024

 3.3. Industry impact forces

 3.3.1.  Growth drivers

 3.3.1.1.    Growing ENT disorders prevalence worldwide

 3.3.1.2.    Positive regulatory landscape in developed regions

 3.3.1.3.    Increasing geriatric population globally

 3.3.1.4.    Technological advancements

 3.3.2.  Industry pitfalls & challenges

 3.3.2.1.    High procedure and instruments cost

 3.3.2.2.    Social stigma across the globe

 3.4. Growth potential analysis

 3.4.1.  By product

 3.5. Regulatory landscape

 3.5.1.  U.S

 3.5.2.  Europe

 3.6. Reimbursement scenario

 3.7. Technology landscape

 3.8. Porter's analysis

 3.9. Competitive landscape, 2016

 3.9.1.  Business overview

 3.9.2.  Revenue analysis

 3.9.3.  Product landscape

 3.9.4.  Strategy dashboard

 3.10.  PESTEL analysis

 Chapter 4.    ENT Market, By Product

 4.1. Global ENT market share, by product, 2016 & 2024

 4.2. Diagnostic ENT devices

 4.2.1.  Market estimates and forecast, by region, 2013 - 2024

 4.2.2.  Rigid endoscopes

 4.2.2.1.    Market size, by region, 2013-2024

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About Author

Ashwin Naphade

Email: [email protected]   

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

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