ENT Devices Market to grow at 5% CAGR from 2016 to 2023

1
ENT (Ear, Nose and Throat) Devices Market to
reach 24bn by 2023 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from ENT Devices Market

• Rising occurrence of ear, nose and throat related
  disorders along with growing old age population
  is predicted to promote (ear, nose, throat) ENT
  devices market trends during forecast timeline.
• ENT (Ear, Nose, Throat) Devices Market size was
  USD 16.7 billion in 2015, with 5 CAGR growth
  anticipated by the industry throughout 2016 to
  2023.
• Occurrence of hearing impairment has been growing
  since last few years due to rising noise
  pollution. Age also acts as a key aspect for
  acquiring hearing loss and there is growing
  occurrence of deafness in old people.
• About 20.1 of aging population above age of 60
  years suffer hearing loss and percentage grows to
  about 40.1 for people who have crossed 75 years
  of age. The reason for the deafness in old people
  can be attributed to their low immunity levels
  making their ear, nose throat prone to
  infections like inner mucosal lining inflammation.

3
Continued...

• Large rate of occurrence of hearing problems were
  observed in developing nations. In 2012, about
  89.1 of the total hearing problems occurred in
  developing regions where medical requirements
  were not fulfilled.
• The costs of the ailments like oropharyngeal
  cancer and larynx cancer is growing globally,
  particularly in emerging economies. Growing
  occurrence of cancer and frequently occurring
  throat ailments are predicted to propel the
  industry growth.
• Introduction of new technologies that can be
  easily used by patients and accessibility of tiny
  sized equipments is predicted to increase the
  demand for ENT devices.
• ENT (ear, nose and throat) diagnostic devices
  segment dominated the industry share with revenue
  surpassing 5.2 billion by end of forecast
  period.

4
Continued...

• Radiofrequency hand piece equipments segment was
  evaluated at 895.71 million for 2015 and led the
  industry whereas hearing implants segment was
  driven by cochlear implants for 2015.
• Hearing implants segment is predicted to register
  a CAGR of 7.2 which is comparatively higher.
  This expansion can be credited to factors like
  rising old age population and hearing losses
  occurring due to type of work.
• North America dominated the industry and was
  evaluated at 6.2 billion for 2015. Rising
  occurrence of hearing loss is one of the key
  factors driving the growth of the industry in
  North America.
• The industry is highly competitive and key
  industry players concentrate on intensive
  research development activities for producing
  technically modernized products. They compete
  with each other on available product
  differentiation options and pricing choices.

5
U.S. ENT Devices Market Size, By Product, 2012 -
2023 (USD Million)
6

Browse Full Market Research Report On ENT
Devices Market _at_ http//bit.ly/2pMtfZD
Request for a Sample of this Research
Report _at_ https//www.gminsights.com/request-sample
/detail/496
7
Stay In Touch Website www.gminsights.com Soci
al Media