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ENT Devices Market 2019 Significant Growth Rate by Industry Size, Share, Market Dynamics, Development Status of Key Players Forecast to 2024

ENT

The “ENT Devices Market” research report 2019-2024 delivers comprehensive information and valuable insights about the ENT Devices industry. The information available in the ENT Devices market report is not only based on the facts but also on the case studies, which analysts have included to convey appropriate information to the clients in a well-versed manner. ENT Devices market report includes valuable information to assist new entrants, as well as established players, to understand the prevailing trends in the market.

Some Companies Are Covered in the ENT Devices Market:

  • American Hearing Systems Inc.
  • Atos Medical
  • Cochlear Ltd
  • InHealth Technologies
  • Medtronic PLC
  • Olympus Corporation
  • Siemens Healthcare GmbH
  • Starkey Laboratories Inc.
  • Stryker Corporation
  • Welch Allyn

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    Market Overview:

  • The major factors for the growth of the ENT devices market include the increasing prevalence of ear, nose, and throat related disorders, rising adoption of minimally invasive ENT procedures, and technological advancements.
  • According to the estimates of the Center for Disease Control and Prevention (CDC), almost 16% of the adults in the United States (18 years and older) suffered from hearing loss during 2014-2016. As per the survey, hearing loss was lowest in New Jersey, Connecticut, Maryland, California, New York, and the District of Columbia, while the prevalence of hearing loss was highest in West Virginia, Oregon, Montana, Idaho, and Wyoming.
  • Furthermore, according to the data published by the American Cancer Society, about 2,000 people in the United States develop cancers of the nasal cavity and paranasal sinuses each year. These cases are most common in the geriatric population. In 2014, in the United States, an estimated 99,756 people were living with laryngeal cancer, and the number of new cases of laryngeal cancer was 3.0 per 100,000 men and women per year. Thus, owing to the rising prevalence and new cases of ear, nose, and throat related disorders, the US ENT devices market is expected to witness a high CAGR over the forecast period.

    Scope of the Report:

  • As per the , ENT devices refer to 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, and aid in correcting any problems with hearing, smelling or speaking. The market is segmented by product, end user, and geography.

    Reasons for Buying ENT Devices Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    Hearing Aids is the Segment under Product Type is Expected to Account for Fastest Growth Rate during the Forecast Period

    As per the estimates of the Center for Hearing and Communication, 48 million Americans suffer significant hearing loss and one out of three people over the age of 65 have some degree of hearing loss. Hearing loss can occur at birth or can develop at any age. There are different types of hearing aids available in the market, and some of them include Behind the Ear (BTE), Receiver in the Ear (RITE), In the Ear (ITE), Canal Hearing Aids (CHA), and other hearing aid devices. Furthermore, in the United States, the Individuals with Disabilities Education Act (IDEA) ensures that students with hearing loss receive proper education and accommodations, if necessary. Similarly, one of the organizations, the Hearing Loss Association of America (HLAA), offers training courses and online learning, holds monthly webinars, and advocates for the rights of people with hearing loss. Thus, the rising prevalence of hearing loss and increasing awareness among people is driving the segment and is set to witness a high CAGR over the forecast period.

    North America accounted for the Largest Share in the Global Market

    North America is found to hold a major share for the ENT devices market and is expected to show a similar trend over the forecast period, without significant fluctuations. Most of the market players are based in North America and there is awareness about the advantages of using ENT devices solutions. According to the estimates of the Hearing Health Foundation, there are 600,000-750,000 cases of Ménière’s disease in the United States, with 45,000 to 60,000 new cases diagnosed annually. Favorable reimbursement policies, better healthcare infrastructure, high cases of chronic sinusitis, and other ENT disorders are the reasons for the high market share of the United States.

    ENT Devices Market Report Provides Comprehensive Analysis of:

    • Functional market industry outline
    • Up and downstream industry examination
    • Channels and propositions believability
    • Market challenge by key players
    • Enhancement suggestions examination

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    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

    Detailed TOC of ENT Devices Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Increasing Prevalence of Ear, Nose, and Throat Related Disorders
    4.2.2 Rising Adoption of Minimally Invasive ENT Procedures
    4.2.3 Technological Advancements
    4.3 Market Restraints
    4.3.1 High Procedure and Instruments Cost
    4.3.2 Social Stigma
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Product
    5.1.1 Diagnostic Devices
    5.1.1.1 Endoscopes
    5.1.1.1.1 Rigid Endoscopes
    5.1.1.1.1.1 Otoscopes
    5.1.1.1.1.2 Sinuscopes
    5.1.1.1.2 Flexible Endoscopes
    5.1.1.1.2.1 Laryngoscopes
    5.1.1.1.2.2 Pharyngoscopes
    5.1.1.1.2.3 Other Flexible Endoscopes
    5.1.2 Surgical Devices
    5.1.2.1 Powered Surgical Instruments
    5.1.2.2 Radiofrequency (RF) Handpieces
    5.1.2.3 Handheld Instruments
    5.1.2.4 Balloon Sinus Dilation Devices
    5.1.2.5 Other Surgical Devices
    5.1.3 Hearing Aids
    5.1.4 Image-guided Surgery Systems
    5.1.5 Other Products
    5.2 By End User
    5.2.1 Hospitals
    5.2.2 ENT Clinics
    5.2.3 Other End Users
    5.3 Geography
    5.3.1 North America
    5.3.1.1 US
    5.3.1.2 Canada
    5.3.1.3 Mexico
    5.3.2 Europe
    5.3.2.1 Germany
    5.3.2.2 UK
    5.3.2.3 France
    5.3.2.4 Italy
    5.3.2.5 Spain
    5.3.2.6 Rest of Europe
    5.3.3 Asia-Pacific
    5.3.3.1 China
    5.3.3.2 Japan
    5.3.3.3 India
    5.3.3.4 Australia
    5.3.3.5 South Korea
    5.3.3.6 Rest of Asia-Pacific
    5.3.4 Middle East & Africa
    5.3.4.1 GCC
    5.3.4.2 South Africa
    5.3.4.3 Rest of Middle East & Africa
    5.3.5 South America
    5.3.5.1 Brazil
    5.3.5.2 Argentina
    5.3.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 American Hearing Systems Inc.
    6.1.2 Atos Medical
    6.1.3 Cochlear Ltd
    6.1.4 InHealth Technologies
    6.1.5 Medtronic PLC
    6.1.6 Olympus Corporation
    6.1.7 Siemens Healthcare GmbH
    6.1.8 Starkey Laboratories Inc.
    6.1.9 Stryker Corporation
    6.1.10 Welch Allyn

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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