Sarasota, FL -- (SBWIRE) -- 06/22/2018 -- Global ENT Devices Market: Overview
ENT devices are special equipments used for diagnosis and treatment of disorders related to the ears, nose and throat. The wide range of ENT devices used are endoscopes, hearing aids, voice prosthetics, Otoscopes, tongue depressors, tonsil forceps, Laryngoscopes, Speculums, Nasal Forceps, Aural Forceps, nasal splints. Various common ENT disorders in humans are tonsillitis, ear infections, sinus infections, sleep apnea. Use of such devices help in rectifying issues related to snoring, smelling, hearing and speaking. An ENT specialist is the one who is trained in medical and surgical treatment of ears, nose, throat and related structures of neck or head. Special expertise is there managing diseases of the nose, ears, throat, nasal passage sinuses, larynx, oral cavity and upper pharynx.
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Global ENT Devices Market: Growth Factors
Growth drivers are demand of cost-effective and accurate diagnostic ENT devices by the medical practitioners, latest endoscopes available with a full view of small spaces of the ear, nose, and throat in the market; rising ENT disorders such as hearing loss; up surging awareness on use of ENT devices, trends for use of customized implants, increasing ageing population, and minimally invasive ENT procedures adopted by people. Restraints are unaffordable prices of instruments and procedures, issues with voice prosthesis and social stigma. Investment increase and advancement in technology; companies focusing on research and development activities are expected to boost coming opportunities in the forecast period. Challenges are lack of reimbursement policies for devices and healthcare facilities are still developing in some countries.
Global ENT Devices Market: Segmentation
The global ENT device market segments include products, end-users, and region. Products are segmented into Diagnostic devices which are subclassified to Hearing screening devices; Endoscope: Rigid endoscope- Sinuscope and Otoscope and Flexible endoscopes- Laryngoscopes, Rhinoscopes, Pharyngoscopes, Nasopharyngoscope; Robot assisted endoscope; Hearing implants- Cochlear implants, Middle hear implants, Auditory brainstem implant; Image-guided surgery systems (IGSS); Hearing aids:-Behind-the-ear, In-the-ear, Receiver-in-ear, Co2 lasers. In terms of Surgical ENT devices, there are Handheld instruments: Rhinology instruments, Laryngeal instruments, Otology instrument, Other handheld instruments. Others available: Radiofrequency (RF) handpieces, Balloon Sinus Dilation (BSD) devices, Powered surgical instruments, Ear tubes, Voice prosthesis devices, ENT supplies- Packaging material; Nasal stents; Nasal splints- External nasal splints, Internal nasal splints. End-users are segmented into Home users, Hospitals, ENT clinics, Ambulatory settings.
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Global ENT Devices Market: Regional Analysis
North America is leading region as large market players are based there; awareness is also there about the ENT devices, favorable reimbursement policies, good healthcare infrastructure, initiatives, a big number of ENT disorders. Canadian market growth has been driven by hearing loss among children and youth. Asia Pacific market has been considered highest growing region because of geriatric population rise, expansion of distribution network of key market players in this area, rising level of disposable income; and less stringent regulatory guidelines. Japan, China, and India are expected to be the fastest growing ENT devices markets in Asia. In Europe, U. K, France and Germany hold a major share of ENT devices market.
Global ENT Devices Market: Competitive Players
The major market players for ENT devices are GN ReSound A/S, Widex A/S, Atos Medical AB, MED-EL GmbH, Starkey Laboratories Inc, Siemens Healthcare, Medtronic, Stryker Corporation, Stema Medizin, Olympus Corporation, Karl Storz GMBH & Co. KG, Avada Hearing Care, Miracle-Ear Inc.; Acclarent Inc., Smith & Nephew PLC, Hoya Corporation, William Demant Holding A/S, Cochlear Limited, Smith & Nephew plc and Sonova Holding AG.
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Global ENT Devices Market: Regional Segment Analysis
The Asia Pacific
The Middle East and Africa
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