Through rise in favorable government initiatives for enhanced healthcare services, many large ENT device manufacturing companies are shifting their focus to emerging countries either through investments or outsourcing their manufacturing operations.
Bone anchored hearing aids (BAHA), invisible hearing aids, micro hand equipment, indwelling voice prosthesis, ENT navigation software, powered surgical devices and bipolar endoscopes are few of the innovations driving developments across ENT devices segments. Digital signal processing (DSP) is the latest technology which is expected to drive audiology devices market in future. DSP operates through sampling & processing of analog signal to digital through a complementary metal–oxide–semiconductor (CMOS) circuit. Another technological boom includes increasing use of robot assisted and flexible endoscope in surgical segment.
Under hearing support, cochlear implants segment is expected to grow tremendously with the implementation of microchip technology. In addition, with the introduction of custom-cut nasal splint, nasal device market is expected to grow steadily.
High associated costs, lack of skilled medical professionals and complexity of voice prosthesis are restraining the overall growth of the market. Conversely, increasing incidences of ENT infections & chronic sinusitis and increase in favorable reimbursement schemes are the major factors driving the ENT devices market.
ASDReport.com has a good collection of reports covering ENT devices market. The reports cover technologies and other topics related to ENT devices like, audiological devices, ENT workstation, insufflator, laryngeal mask airway, laryngoscope, otoscope, tracheal intubation and much more.