The ear-nose-throat devices market is also witnessing drastic shifts since the emergence of the COVID-19 virus. Countries are issuing stern guidelines to promote the adoption of clean and advanced ENT equipment to lower the contraction of the virus. Citing an instance, the Indian Union Ministry of Health and Family Welfare has issued a set of guidelines for safe ENT practice during the ongoing pandemic to curb the spread of coronavirus among ENT nursing staff, doctors, patients and support staff.
According to the Hearing Loss Association of America and CDC, hearing loss is the third most prevalent type of health issue after heart diseases and arthritis among the adult population base. As per a report by HLAA, nearly 25% of Americans experience tinnitus who are extremely vulnerable to hearing loss. Sinusitis is one of the most common disorders that leads to inflammation in cavities around the nasal passage.
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Flexible diagnostic endoscopes are widely used in a range of micro-invasive methods. Earlier in 2018, the segment managed to achieve a valuation of USD 1.1 billion and is anticipated to maintain its steady growth over the analysis period. With the emergence of new-age flexible endoscopes, elements like patient safety from exposure to microbial infections such as chemical germicide have become vital.
Rapid technological advancements in ENT devices like diagnostic devices, sinus dilation, and hearing aids has fueled developments in the market over time. For example, Medtronic developed surgical instruments like ontological burns and drills that carry superior accuracy and are also user-friendly. Additionally, recently developed endoscopes along with the navigation systems help otolaryngologists throughout complicated invasive surgical procedures.
The growing use of digital signal processing incorporated with applications in implants and hearing aids offer various advantages to the people who are hearing impaired. However, the high cost associated with ENT devices and surgical procedures may harm the ear-nose-throat devices market growth.
Nasal splints have gained considerable demand over the years as they are widely used to maintain the nasal structure and allow nasal breathing post-operatively through the internal airway. Nasal splints are extensively used in surgical procedures to stabilize the healing septum and provide septal compression. Moreover, they also protect the nose from trauma and retain the position of the bone, which will support the adoption of the devices.
The ear-nose-throat devices market is endowed with various leading market players that are constantly working towards improving their offerings to meet the targeted patient needs. Some of the notable industry players include Siemen’s Healthcare, Atos Medical, Widex A/S, Rion Co. Ltd., Cochlear Limited, and Starkey Hearing Technologies, among various others.
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Partial Chapter of the Table of Content
TABLE 1 Ear-Nose-Throat Devices Market 3600 synopsis, 2014 – 2025
TABLE 2 Global ENT devices market, 2014 – 2025 (USD Million)
TABLE 3 Global ENT devices market, by product, 2014 - 2025 (USD Million)
TABLE 4 Global Ear-Nose-Throat Devices Market, by region, 2014 – 2025 (USD Million)
TABLE 5 Industry impact forces
TABLE 6 Diagnostic Ear-Nose-Throat devices market size, by region, 2014 – 2025 (USD Million)
TABLE 7 Rigid endoscopes market size, by region, 2014 – 2025 (USD Million)
TABLE 8 Rhinoscopes market size, by region, 2014 – 2025 (USD Million)
TABLE 9 Laryngoscopes market size, by region, 2014 – 2025 (USD Million)
TABLE 10 Otological endoscopes market size, by region, 2014 – 2025 (USD Million)
TABLE 11 Flexible endoscopes market size, by region, 2014 – 2025 (USD Million)
TABLE 12 Robot assisted endoscope market size, by region, 2014 – 2025 (USD Million)
Charts & Figures
FIG. 1 Industry segmentation
FIG. 2 Global Ear-Nose-Throat Devices Market, 2014 – 2025 (USD Million)
FIG. 3 Growth potential analysis, by product (USD Million)
FIG. 4 Porter’s analysis
FIG. 5 Strategy dashboard
FIG. 6 PESTEL analysis
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