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ENT Devices Market 2020 Regional Growth Drivers, Opportunities, Trends, and Forecasts to 2025

Author : Ronak Bora | Published Date : 2020-09-17 

ENT Devices Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

Increase in prevalence of disorders associated with nose, throat or ear among adult age-group may foster ear-nose-throat (ENT) devices market growth. According to the Centers for Disease Control and Prevention (CDC) and Hearing Loss Association of America (HLAA), loss of hearing is the third most common form of health condition after arthritis and heart disorders among the adult population. HLAA states that nearly 25% of Americans have at some point suffered from tinnitus, and these patients are further prone to hearing loss.

Rising number of cases of such diseases could boost the demand for ENT devices across medical institutions. Sinusitis is regarded as one of the most prevalent diseases that cause inflammation in cavities near nasal passage. CDC reports that 12.1% of American adults have sinusitis. Such cases have over time developed the demand for high-quality ENT devices like sinus dilation systems. Based on these aspects, GMI, predicts that the Ear-Nose-Throat (ENT) devices market could cross USD 26 billion by the end of 2025.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/496

Increasing number of geriatric population suffering from ENT disorders could accelerate the adoption of ENT devices in Europe. Estimates suggest that the regional market might witness a 7.3% growth within the forecast timeframe. Europe has an increasing prevalence of elderly patients suffering from rhinosinusitis.

As a result, the European government has decided to adopt certain initiatives that help lower the surgical costs of this disease. Additionally, mounting presence of regulatory authorities like the EU commission to overlook the quality of ENT equipment could strengthen regional business outlook in the long run.

Prominent industry players like Cochlear Limited, Atos Medical, Rion Co. Ltd, GN Hearing A/S, Sonova, Siemen's Healthcare, Welch Allyn, Starkey Hearing Technologies, William Demant Holding A/S and Widex A/S are implementing pioneering strategies like mergers, acquisitions, and new product launches to maintain market presence.

Taking July 2020 for instance, Seattle-based startup, Remmie Health revealed plans to launch its new ENT monitor for families to evaluate symptoms like earaches, allowing patients to effectively communicate their issues with health professionals through telemedicine. 

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/ent-devices-market

Partial Chapter of the Table of Content 

Chapter 2. Executive Summary

2.1. Ear-Nose-Throat Devices industry 3600 synopsis, 2014 - 2025

2.1.1. Product type trends

2.1.2. Regional trends

Chapter 3. Ear-Nose-Throat Devices Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2014 - 2025

3.3. Industry impact forces

3.3.1. Growth drivers

3.3.1.1. Growing ENT disorders prevalence worldwide

3.3.1.2. Favorable regulatory landscape in Europe and North America

3.3.1.3. Increasing geriatric population globally

3.3.1.4. Technological advancements in the ENT devices in North America and Europe

3.3.2. Industry pitfalls and 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 type

3.5. Regulatory landscape

3.5.1. U.S.

3.5.2. Europe

3.6. Reimbursement scenario

3.6.1. U.S.

3.7. Technology landscape

3.8. Porter’s analysis

3.9. Competitive landscape, 2017

3.9.1. Strategy dashboard

3.10. PESTEL analysis

 

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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