ENT Devices Global Market Report 2022 – By Type (Hearing Aid Devices And Equipment, Hearing Diagnostic Devices And Equipment, ENT Surgical Devices And Equipment, Hearing Implants, Voice Prosthesis Devices And Equipment, Nasal Splints), By End User (Hospitals And Clinics, Diagnostic Laboratories, Other End Users), By Type of Expenditure (Public, Private), By Product (Instruments/Equipment, Disposables) – Market Size, Trends, And Global Forecast 2022-2026
What is the definition of the ENT devices market?
The ENT devices market consists of sales of ENT devices and related services by entities (organizations, sole traders, and partnerships) that produce ENT devices used in the diagnosis and treatment of ear, nose, and throat diseases.
How will the ENT devices market drivers and restraints affect ENT devices market dynamics? What forces will shape the ENT devices industry going forward?
The ENT devices market growth is aided by favorable government decisions and increased healthcare spending . However, some ENT devices market restraints include rise in interest rates globally.
What is the forecast market size of the ENT devices market?
The ENT devices market is expected to reach $44.73 billion in 2026 at a rate of 10.3%.
How is the ENT devices segmented?
The global ENT devices market is segmented -
1) By Type: Hearing Aid Devices and Equipment, Hearing Diagnostic Devices and Equipment, ENT Surgical Devices and Equipment, Hearing Implants, Voice Prosthesis Devices and Equipment, Nasal Splints 2) By End-User: Hospitals and Clinics, Diagnostic Laboratories, Others 3) By Type of Expenditure: Public, Private 4) By Product: Instruments/Equipment, Disposables
Which region has largest share, and what is the market size and growth by geography according to the ENT devices global market report?
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Who are the key players of the ENT devices market?
Top competitors in the ENT devices market are Sonova Holdings AG, William Demant Holdings A/S, Medtronic Inc., GN Store Nord A/S, Cochlear Limited, Olympus Corporation, Stryker Corporation, Karl Storz SE & Co KG, Merck & Co, and Smith & Nephew plc.
What are the key trends in the ENT devices market?
Major trends influencing the ENT devices market include investing in technologies to develop user-friendly and non-invasive equipment. They are continuously investing funds and resources into R&D to increase the scope of their devices. For instance, Intersect ENT developed Propel Mometasone Furoate Implant (PMFI) to treat chronic sinusitis. It is a bio-absorbable steroid that is placed directly into the sinus mucosa. It controls the release of drugs and dissolves over time.
What are the major opportunities in the ENT devices market and the approaches companies can take to take advantage of them?
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How does the ENT devices market relate to the overall economy and other similar markets?
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