Worldwide ENT Devices Market to Hit $26 Billion by 2025: Global Market Insights, Inc.

SELLBYVILLE, Delaware, March 5, 2019 /PRNewswire/ -- The China ENT devices market witnessed 10.7% growth during the analysis period and is expected to witness enormous growth in near future. Growing prevalence of hearing impairment among geriatric population coupled with developing healthcare infrastructure will drive Chinese ENT devices market. Also, various awareness campaigns and programs such as China's national Ear care day to raise awareness about hearing tests and treatment will positively impact the industry growth.

Global ENT Devices Market will surpass USD 26 billion By 2025; according to a new research report by Global Market Insights, Inc. Elderly people are likely to suffer from hearing loss, throat infections, sinusitis and other infections due to anatomic changes that results in functional disability. Hence, rising geriatric population will act as driving factor for ENT devices market. According to, WHO statistics, it is estimated that approximately 33% of population over the age group of 65 years suffer from hearing loss and deafness. WHO states that the prevalence is highest in South Asia, Sub-Saharan Africa and Asia-Pacific region. Geriatric population prone to nasal infections raises the demand for sinus dilation devices and endoscopes utilized during surgical procedures. Thus, rising demand for various implants, sinus dilation devices will augment the ENT devices market growth during the analysis period.

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Technological advancements in hearing aids and ENT devices such as hearing implants will propel the industry growth. Recently developed hearing devices are invisible & available in small sizes, connected to ear by thin invisible tubes. This proves beneficial for the industry growth as it helps in resolving the social stigma prominent in adult and teenage population suffering from hearing loss. Also, advancements in hearing aids such as introduction of invisible in canal (IIC) devices that delivers natural as well as more clear sound with low power requirement. Moreover, superior quality surgical equipment and devices developed by key industry players will positively influence the business growth. For instance, Medtronic has developed surgical devices for ENT segment such as ontological burrs and drills that provides accuracy in surgeries. Additionally, technological advancements in endoscopes include auto endoscopes and capsule endoscopes that influences and encourages customer buying behavior and results in increasing the revenue size of diagnostic as well as surgical ENT devices. However, increasing cost of ENT devices will impede the market growth.

Browse key industry insights spread across 150 pages with 180  market data tables & 6 figures & charts from the report, "ENT Devices Market Size By Product Type (Diagnostic Ear, Nose, And Throat (ENT) Devices [Rigid Endoscopes {Rhinoscopes, Laryngoscopes, Otological Endoscopes}, Flexible Endoscopes, Robot Assisted Endoscope, Hearing Screening Device], Surgical Ear, Nose, And Throat (ENT) Devices [Radiofrequency Handpieces, Powered Surgical Instrument, Otological Drill Burrs, Ent Hand Instruments, Tympanostomy Tubes, Sinus Dilation Devices, Nasal Packing Devices], Hearing Aids {In-The-Ear (ITE), Receiver ITE, Behind-The-Ear, Canal Hearing Aids ITC, CIC, IIC}, Hearing Implants {Auditory Brainstem Implants, Cochlear Implants, Middle Ear Implants, Bone Anchored Hearing System}, Voice Prosthesis Devices, Nasal Splints {Internal Nasal Splints,  External Nasal Splints}), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain,  China, India, Japan, Brazil, Mexico, South Africa, Saudi Arabia, UAE), Application Potential, Competitive Market Share & Forecast, 2019 – 2025" in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/ent-devices-market

Hearing implants segment was valued at USD 1.6 billion in 2018 and expected to have considerable revenue size during analysis timeframe. Increasing use of implants in children with impairments in aural senses will prove beneficial for the segmental growth. Also, frequent introduction of novel implants is expected to boost the business growth. Cochlear implants are most popularly used implants, that bypass the mechanism of cochlea and arouse auditory nerves and availability of efficient cochlear implants will drive segmental growth. Also, advancements in middle ear implants provide various applications in hearing loss and used in treatment for outer ear infections, earmold allergies. Thus, increasing demand for middle ear implants will augment the overall segmental growth.

Eminent industry players operational in global market includes Atos Medical, Cochlear Limited, GN Hearing, Rion, Siemen's Healthcare, Sonova, Starkey Hearing Technologies, Welch Allyn, Widex, William Demant. These industry players adopt strategies such as new product launch, mergers and acquisitions to maintain their market position. For instance, in June 2016, William Demant launched Oticon Opn, the most advanced hearing aid solution. Introduction of new products will enhance firm's product portfolio.

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Browse Related Reports:

Global Audiology Devices Market By Products (Hearing Aids [In-the-Ear hearing aids, Receiver-in-the-Ear (RITE), Behind-the-Ear (BTE), Canal Hearing Aids ITC, CIS and IIC], Cochlear implants [Behind the Ear Cochlear Implant, Off the Ear Cochlear Implants], BAHA/BAHS, Diagnostic Devices [Tympanometers, Otoscopes, Audiometer), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024

https://www.gminsights.com/industry-analysis/audiology-devices-market-report

The Hearing Amplifiers Market By Products (On-the-Ear, In-the-Ear), By Distribution Channel (Hospital Pharmacies, Online Pharmacies) Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Spain, Italy, Netherlands, Norway, Sweden, Denmark, Switzerland, Russia, China, India, Australia, Japan, New Zealand, Brazil, Mexico, South Africa, Saudi Arabia), Application Potential, Competitive Market Share & Forecast, 2018 – 2024        

https://www.gminsights.com/industry-analysis/hearing-amplifiers-market

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