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ENT (Ear, Nose, Throat) Devices analysis research and trends report for 2016-2023

(Ear, Nose, Throat) ENT Devices Market size was USD 16.7 billion in 2015, with 5% CAGR growth anticipated by the industry throughout 2016 to 2023.<br><br>Get more details @ https://goo.gl/GmLp46

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ENT (Ear, Nose, Throat) Devices analysis research and trends report for 2016-2023

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  1. ENT Devices Market to exceed $24bn by 2023: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. KeyInsights from ENT Devices Market : • Global ENT devices market revenue is projected to exceed revenue of USD 24 billion by 2023, at 5% growth. • U.S. ENT device market size, at USD 3.85 billion was the largest in North America, which was more than 85% of total 2015 regional sales. Strong initiatives to prevent hearing loss cases and introduction of technologically advanced products is set to drive regional penetration. • Diagnostics dominated the global ENT device industry share in 2015, at more than USD 3.5 billion in revenue, while the diagnostic segment endoscopes. • The surgical ENT devices market size was dominated by radiofrequency hand piece devices owing to its advanced technology, set to exceed USD 4 billion by 2023.

  3. Continued... • Germany & UK are major revenue pockets for Europe ENT device market, bringing in over 46% revenue collectively in 2015, with Germany likely to witness relatively higher growth rate. • Japan, China, and India are major APAC growth regions, with overall industry growth expectations of 6.5% CAGR. • Mexico was the prominent revenue contributor to the LATAM industry, with revenue in-line to surpass USD 450 million by 2023. Increase in geriatric population base and adoption of innovative technologies are the factors contributing to the growth of Mexico hearing aids market. • Medtronic, Siemens, Atos, Cochlear, Olympus, Smith & Nephew, and William Demant are a few key industry companies.

  4. U.S. ENT Devices Market Size, By Product, 2012 - 2023 (USD Million)

  5. Browse Full Market Research Report On ENT Devices Market @ https://goo.gl/GmLp46 Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/496

  6. 360° Analysis • Application Trends • The advent of new technology in terms of ease of use for patient, and availability of miniature size devices is set to increase the demand. Major players are offering hearing aids that can be embedded deep in the ear, such that they are visually hidden, increasing the cosmetic appeal for patients. Medtronic Inc. has developed new range of powered surgical devices, otological drills and burrs, and manual ENT instruments, which are technologically more advanced, time-saving, and accurate in nature. Increasing use of advanced laser and radiofrequency technology during surgical and diagnostic procedures is expected to drive ENT devices market size. • Regional Trends • North America took up the largest regional ENT devices market size, valued at USD 6.2 billion in 2015, growing prevalence of hearing impairment in North America is one of the most significant driving factors. In addition, there is a growing prevalence of deafness in geriatric population. About 20% of the geriatric population over age 60 suffers from hearing damage and the number increases to 40% over 75 years of age. • Competitive Market Share • The major players in the market include Olympus Medical System, Smith and Nephew, Medtronics, Inc., William Demant, Siemens Healthcare, Cochlear Inc., Atos Medical, and Invotec Medical Inc. among others

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