The report “Global ENT Devices Market” (By Product (Hearing Aids, Hearing Implants, Diagnostic Devices, Surgical Devices, and Nasal Splints) -By End-User (Hospitals, Ambulatory Settings, ENT Clinics, and Home-use)–by Geography (North America, Europe, Asia Pacific, Middle East & Africa and Latin America))
Increasing incidence of hearing loss, deafness, nasal trauma and throat infections along with rising noise pollution will act as primary driver for ENT devices market growth. Increase in disposable income and well-established healthcare infrastructure will also account for the increase in ENT Devices Market. Education and increased awareness about health and wellbeing among the general population are also playing a critical role in spurring the demand for hearing aids and diagnostic services globally. Spiraling adoption rates of ENT devices, impairments due to a usage of aesthetic products, increasing awareness among patients and healthcare professionals, and rising trend for nasal correction procedures are anticipated to trigger the growth of the market. Growing adoption of user-friendly material in the manufacturing of these devices is also likely to benefit the market.
In 2018, hearing aids accounted for the largest value share in the market
In terms of product, In 2018, hearing aids accounted for the largest value share in the market. Rising prevalence of hearing loss and disability is translating into greater usage of latest technologies to allow audiologists to better understand and treat these diseases. Hearing implants are projected to be the fastest growing product segment over the forecast period.
Asia Pacific is anticipated to show the fastest growth over the forecast period
In terms of region, Asia Pacific is anticipated to show the fastest growth over the forecast period due to rising disposable income and presence of a wide base of target population. Also, rapid urbanization, increasing awareness of ENT diseases will also fuel ENT devices Market in Asia region. Europe has second largest market share due to established healthcare infrastructure and high patient awareness of ENT diseases.
This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such asCochlear Ltd., Sonova Holding AG, Siemens Healthcare, Starkey Laboratories Inc., William Demant Holding A/S, Widex A/S, GN ReSound A/S, Sonic Innovations Inc., Panasonic Corp., Beltone, Rexton Inc., Avada Hearing Care, Miracle-Ear Inc., MED-EL GmbH, Nuear Hearing Aids Inc., Audiosync Inc., Bernafon, American Hearing Systems Inc., Unitron Hearing Inc. and Zounds Inc.
Maximize market research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the ENT devices market. Report encompasses the market by different segments and region, providing the in-depth analysis of overall industry ecosystem, useful for taking informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the ENT devices market. The driving forces, as well as considerable restraints have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain ENT devices market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “ENT devices market”
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ENT (Ear, Nose, Throat) Devices Market : Global Market Analysis 2013 – 2017 and Forecast 2019 – 2026