ENT (Ear, Nose, Throat) Devices trends research and projections for 2016-2023 - PowerPoint PPT Presentation

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ENT (Ear, Nose, Throat) Devices trends research and projections for 2016-2023


(Ear, Nose, Throat) ENT Devices Market size was USD 16.7 billion in 2015, with 5% CAGR growth anticipated by the industry throughout 2016 to 2023. Get more details @ – PowerPoint PPT presentation

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Title: ENT (Ear, Nose, Throat) Devices trends research and projections for 2016-2023

ENT Devices Market to exceed 24bn by 2023
Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Key Insights from ENT Devices Market
  • Global ENT devices market revenue is projected to
    exceed revenue of USD 24 billion by 2023, at 5
  • U.S. ENT device market size, at USD 3.85 billion
    was the largest in North America, which was more
    than 85 of total 2015 regional sales. Strong
    initiatives to prevent hearing loss cases and
    introduction of technologically advanced products
    is set to drive regional penetration.
  • Diagnostics dominated the global ENT device
    industry share in 2015, at more than USD 3.5
    billion in revenue, while the diagnostic segment
  • The surgical ENT devices market size was
    dominated by radiofrequency hand piece devices
    owing to its advanced technology, set to exceed
    USD 4 billion by 2023.

  • Germany UK are major revenue pockets for Europe
    ENT device market, bringing in over 46 revenue
    collectively in 2015, with Germany likely to
    witness relatively higher growth rate.
  • Japan, China, and India are major APAC growth
    regions, with overall industry growth
    expectations of 6.5 CAGR.
  • Mexico was the prominent revenue contributor to
    the LATAM industry, with revenue in-line to
    surpass USD 450 million by 2023. Increase in
    geriatric population base and adoption of
    innovative technologies are the factors
    contributing to the growth of Mexico hearing aids
  • Medtronic, Siemens, Atos, Cochlear, Olympus,
    Smith Nephew, and William Demant are a few key
    industry companies.

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


Browse Full Market Research Report On ENT
Devices Market _at_ https//goo.gl/GmLp46 Request
for a Sample of this Research Report
_at_ https//www.gminsights.com/request-sample/detail
360 Analysis
  • Application Trends
  • The advent of new technology in terms of ease of
    use for patient, and availability of miniature
    size devices is set to increase the demand. Major
    players are offering hearing aids that can be
    embedded deep in the ear, such that they are
    visually hidden, increasing the cosmetic appeal
    for patients. Medtronic Inc. has developed new
    range of powered surgical devices, otological
    drills and burrs, and manual ENT instruments,
    which are technologically more advanced,
    time-saving, and accurate in nature. Increasing
    use of advanced laser and radiofrequency
    technology during surgical and diagnostic
    procedures is expected to drive ENT devices
    market size.
  • Regional Trends
  • North America took up the largest regional ENT
    devices market size, valued at USD 6.2 billion in
    2015, growing prevalence of hearing impairment in
    North America is one of the most significant
    driving factors. In addition, there is a growing
    prevalence of deafness in geriatric population.
    About 20 of the geriatric population over age 60
    suffers from hearing damage and the number
    increases to 40 over 75 years of age.
  • Competitive Market Share
  • The major players in the market include Olympus
    Medical System, Smith and Nephew, Medtronics,
    Inc., William Demant, Siemens Healthcare,
    Cochlear Inc., Atos Medical, and Invotec Medical
    Inc. among others

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