ENT Devices Market Worth Over $15 Bn In 2017

Tuesday 9 May 2017, Amsterdam

This new report, now available on ASDReports, The Global ENT Devices Market Forecast 2017-2027 - Revenue Prospects by Type (Diagnostic, Surgical, Hearing Devices), by Product (including Endoscopes, Surgical Instruments, Stents, CO2 Lasers, Vent Tubes, Hearing Aids, Hearing Implants and more) and Geography indicates that the ENT Devices market will see over $15bn in revenue in 2017.

The lead analyst of the report said:

“The ENT devices market is expected to experience considerable growth over the forecast period. The main drivers for the growth include a rapidly ageing population, rising prevalence of ENT diseases (such as adenoiditis, airway stenosis, allergic rhinitis, chronic ear disease, chronic tonsillitis, complex airway diseases, and ear infections or ear tubes), technological advancements in ENT devices to enhanced applications, and increasing adoption of minimally invasive ENT procedures. As per WHO estimates, 15% of the adult population and 33% of the elderly population across the globe suffer from hearing disorders. In addition to this, around 31 million people are estimated to suffer from sinusitis.

Technological innovations and the use of user-friendly materials in product development are set to drive the growth of this industry. A major contributor to growth is expected to be the use of thermoplastic materials for the development of custom external nasal splints, which will penetrate the market in next five years.”

The 146-page report contains 129 tables, charts and graphs that add visual analysis in order to explain developing trends within the ENT Devices. The key player provides revenue forecasts for the period 2017-2027 for the leading ENT Device submarkets, segmented by technology, with forecasts for Diagnostic ENT Devices, Surgical ENT Devices and Hearing Devices. The market is also segmented by product, and includes forecasts for ENT Endoscopes, including forecasts for Rigid and Flexible endoscopes and hearing screening devices in the diagnostic ENT device submarket. Also included are forecasts for Powered Surgical Instruments, Radiofrequency Handpieces, Handheld instruments, Balloon Sinus Dilation Systems, Nasal Splints & Stents, Bronchial/Tracheal Stents, Vent Tubes, CO2 Lasers and Image-guided surgery systems making up the Surgical ENT device submarket. Also included are forecasts for Hearing aids, including Behind-the-Ear (BTE) aids, In-the-ear aids, RITE aids and Canal hearing aids. Hearing implants, Cochlear Implants, Bone-Anchored Hearing Systems (BAHS) Auditory Brainstem Implants and Middle Ear Implants making up the Hearing device submarket.