The global Ear, Nose, Throat (ENT) devices market size was USD 16.43 Billion in 2021 and is expected to register a rapid revenue CAGR of 5.9% during the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of hearing loss is a key factor driving market revenue growth. According to Hearing Loss Association of America, an estimated 50 million Americans experience tinnitus, whereas 90% of those have hearing loss. In the U.S., around 2 to 3 out of every 1,000 infants are born with a discernible amount of hearing loss in one or both ears.
The market has been substantially affected by the pandemic, and changes can be seen in the market dynamics and demand trends. Therefore, the report broadly assesses the comprehensive impact of the pandemic on the overall growth of the Ear, Nose, Throat Devices market, besides offering a future COVID-19 impact assessment. Furthermore, the report points out the effective business approaches undertaken by the market players to enhance their product portfolios and prosper considerably.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Ear, Nose, Throat Devices market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Medtronic plc, Cochlear Ltd., Olympus Corporation, Stryker Corporation, FUJIFILM Corporation, Demant A/S, GN Store Nord A/S, Starkey Laboratories, Inc., Smith+Nephew, and Karl Storz
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Emergen Research has segmented the global Ear, Nose, Throat Devices market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
Product Outlook (Revenue, USD Billion; 2019-2030)
- Diagnostic Devices
- Surgical Devices
- Hearing Aids
- Image-guided Surgery Systems
- Others
End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Hospitals
- ENT Clinics
- Others
Regional Outlook (Revenue, USD Billion; 2019–2030)
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of Middle East & Africa
- North America
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Ear, Nose, Throat Devices Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Ear, Nose, Throat Devices Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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