ENT Surgical Devices And Equipment Global Market To Reach Value Of About $2 Billion In 2025

13 Oct, 2021

The ENT surgical devices and equipment market consists of sales of ENT (ear-nose-throat) surgical devices. ENT surgical devices include balloon sinus dilation devices, powered surgical instruments, ENT supplies, radiofrequency devices, ear tubes, and handheld instruments are used to perform surgical procedures such as tonsillectomy, tracheostomy, implantations, septorhinoplasty, turbinate reduction, mastoidectomy, stapedectomy, and reconstruction surgeries. Based on the mode of operation, this market is segmented into hand-held devices, portable devices, and fixed devices.

Global ENT Surgical Devices And Equipment Market Size And Drivers:

The global ENT surgical devices and equipment market is expected to grow from $1.31 billion in 2020 to $1.47 billion in 2021 at a compound annual growth rate (CAGR) of 12.2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1.69 billion in 2025 at a CAGR of 3.5%. Increasing demand and adoption of minimally invasive ENT surgeries will drive the ENT surgical devices and equipment market in the future.

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Trends In The Global ENT Surgical Devices And Equipment Market

The ENT surgical devices and equipment industry has lately witnessed a rise in the number of FDA clearances which would positively impact the market growth. A pre-market approval by FDA through FDA 510(K) is required for all the medical devices including ENT surgical devices. As announced by the FDA in November 2018, the FDA 510(K) is expected to see a number of updates to regulate safety, technology, and capabilities in the medical devices space. The European Union’s Medical Device Regulation (MDR) presented a few changes that would come into force by 2020. The changes made to the regulation were in terms of recertification of legacy devices, as well as changes in the definition of regulated devices, safety measures, and risk management.

Global ENT Surgical Devices And Equipment Market Segments:
The global ENT surgical devices and equipment market is further segmented –
By Modality: Hand-held Devices, Portable Devices, Fixed Devices
By End User: Hospitals, Ambulatory Surgical Centers, ENT Clinics
By Product: Hand Instrument, ENT Surgical Lasers, Powered ENT Surgical Systems, Radiofrequency Electrosurgical Devices, ENT Surgery Workstations, ENT Surgical Navigation System, ENT Visualization System, Surgical Microscopes
By Geography: The global ENT surgical devices and equipment market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Read More On The Report For The Global ENT Surgical Devices And Equipment Market At:

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ENT Surgical Devices And Equipment Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides ENT surgical devices and equipment market overviews, analyzes and forecasts market size and growth for the global ENT surgical devices and equipment market, ENT surgical devices and equipment market share, ENT surgical devices and equipment market players, ENT surgical devices and equipment market segments and geographies, ENT surgical devices and equipment market’s leading competitors’ revenues, profiles and market shares. The ENT surgical devices and equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.