ENT Devices Market by 2021 - PowerPoint PPT Presentation

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Title: ENT Devices Market by 2021


1
MarketsandMarkets Presents
  • ENT Devices Market - 2021

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  • ENT devices are distinct equipment used for
    diagnosis, therapy, or surgery of any disorders
    related to the ear, nose, or throat, thereby
    helping to correct any problems related to
    hearing, smelling, snoring, or speaking, There
    are a wide range of ENT devices available in the
    market including endoscopes, hearing screening
    devices, powered surgical instruments, hearing
    aids, hearing implants, handheld surgical
    instruments, balloon sinus dilation devices, CO2
    lasers, image-guided surgery systems, ear tubes,
    nasal and otological (ear) packing material, and
    voice prosthesis devices.
  • The global ENT devices market is expected to
    reach USD 14,001 Million by 2020 from USD 9,595
    Million in 2015, at a CAGR of 6.5 during the
    forecast period. Growth in ENT Devices market is
    mainly driven by the high prevalence of chronic
    sinusitis, rising geriatric population, favorable
    reimbursement scenario for ENT procedures in
    developed countries, rising adoption of minimally
    invasive ENT procedures, increasing presence of
    prominent players in the ENT devices market, and
    technological advancements. 

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http//www.marketsandmarkets.com/Market-Repor
ts/ent-devices-market-150060281.html In
addition the growing adoption of surgical
instruments and techniques that are minimally
invasive and more accurate than the conventional
methods is a key market trend that will drive the
ENT devices market during the forecast period.
However, changes in the reimbursement policy for
Tracheoesophageal Voice Prosthesis (TEP) devices
in the U.S., high cost of CO2 lasers, and high
cost and lack of reimbursement for hearing aids
are factors that are likely to restrict the
growth of ENT Devices market.
4
  • Chronic sinusitis is one of the top 10 medical
    conditions and contributes around USD 8.6 Billion
    of direct healthcare cost in the U.S. According
    to the Centers of Disease Control and Prevention
    (CDC), in the U.S., about 12.1 of the adult
    population or 28.5 Million people are suffering
    from chronic sinusitis, making it more prevailing
    than diabetes and asthma. This high prevalence of
    chronic sinusitis is driving the demand for ENT
    treatments such as endoscopic sinus surgeries,
    functional endoscopic sinus surgery (FESS), and
    balloon sinus dilation. Thus, growing prevalence
    of sinusitis is expected to propel the growth of
    ENT devices market.
  • ENT Devices Market report is a comprehensive
    study of current market trends in the market,
    industry growth drivers, and restraints. These
    markets are analyzed at regional level to provide
    exhaustive market analysis for the years 2013,
    2014, 2015 and forecast to 2020. Each market is
    comprehensively analyzed at a granular level by
    geography (North America, Europe, Asia and Rest
    of the World) to provide in depth on the global
    scenario.

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