Title: ENT Devices Market by 2021
1MarketsandMarkets Presents
- ENT Devices Market - 2021
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2- ENT devices are distinct equipment used for
diagnosis, therapy, or surgery of any disorders
related to the ear, nose, or throat, thereby
helping to correct any problems related to
hearing, smelling, snoring, or speaking, There
are a wide range of ENT devices available in the
market including endoscopes, hearing screening
devices, powered surgical instruments, hearing
aids, hearing implants, handheld surgical
instruments, balloon sinus dilation devices, CO2
lasers, image-guided surgery systems, ear tubes,
nasal and otological (ear) packing material, and
voice prosthesis devices. - The global ENT devices market is expected to
reach USD 14,001 Million by 2020 from USD 9,595
Million in 2015, at a CAGR of 6.5 during the
forecast period. Growth in ENT Devices market is
mainly driven by the high prevalence of chronic
sinusitis, rising geriatric population, favorable
reimbursement scenario for ENT procedures in
developed countries, rising adoption of minimally
invasive ENT procedures, increasing presence of
prominent players in the ENT devices market, and
technological advancements.
3 http//www.marketsandmarkets.com/Market-Repor
ts/ent-devices-market-150060281.html In
addition the growing adoption of surgical
instruments and techniques that are minimally
invasive and more accurate than the conventional
methods is a key market trend that will drive the
ENT devices market during the forecast period.
However, changes in the reimbursement policy for
Tracheoesophageal Voice Prosthesis (TEP) devices
in the U.S., high cost of CO2 lasers, and high
cost and lack of reimbursement for hearing aids
are factors that are likely to restrict the
growth of ENT Devices market.
4- Chronic sinusitis is one of the top 10 medical
conditions and contributes around USD 8.6 Billion
of direct healthcare cost in the U.S. According
to the Centers of Disease Control and Prevention
(CDC), in the U.S., about 12.1 of the adult
population or 28.5 Million people are suffering
from chronic sinusitis, making it more prevailing
than diabetes and asthma. This high prevalence of
chronic sinusitis is driving the demand for ENT
treatments such as endoscopic sinus surgeries,
functional endoscopic sinus surgery (FESS), and
balloon sinus dilation. Thus, growing prevalence
of sinusitis is expected to propel the growth of
ENT devices market. - ENT Devices Market report is a comprehensive
study of current market trends in the market,
industry growth drivers, and restraints. These
markets are analyzed at regional level to provide
exhaustive market analysis for the years 2013,
2014, 2015 and forecast to 2020. Each market is
comprehensively analyzed at a granular level by
geography (North America, Europe, Asia and Rest
of the World) to provide in depth on the global
scenario.
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