The Business Research Company’s ENT Devices Market covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market.
The global ENT devices market expected to reach a value of nearly $12.7 Billion by 2022, significantly growing at a CAGR of 3.4% during the forecast period. The growth in the ENT Devices market is due to increase in healthcare technology, growing ageing population and growing awareness about healthcare.
The ENT devices (or) equipment market consists of sales of ENT devices and related services by entities (organizations, sole traders and partnerships) that produce ENT devices used in diagnosis and treatment of ear, nose and throat diseases.
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Customization of hearing aids and implants through 3D printing is one of the major trends in the ENT devices market. Companies in this segment design, develop and provide hearing aids in a range of colors, designs, metallics and prints depending on the patient’s needs. For instance, Cochlear Ltd. is customizing its hearing implants, sound processor covers, coil covers and Nucleus 5 sound processor with SkinIt.
The ENT devices market is segmented into
- Hearing Aid Devices,
- Hearing Diagnostic Devices,
- Ent Surgical Devices,
- Hearing Implants,
- Voice Prosthesis Devices,
- Nasal Splints
The present study exhibits the trends and market dynamics of the ENT devices market in major countries – USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world. The report also includes the study of the current issues with consumers and various future opportunities for the market.
Some of the major key players involved in the ENT devices market are Sonova Holdings AG, William Demant Holdings A/S, Medtronic plc, KARLSTORZ GmbH & Co, Stryker Corporation.
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This post was originally published on The Market Plan