Technological advancement in otoscopes is the major driver supporting growth of the global
otoscope market. Manufacturers such as Welch Allyn, Dino-Lite, and Inventis offer technologically
advanced otoscopes in the global otoscope market. For instance, Delfino offered by Inventis is a
wireless video telescope in which high quality clear images of the ear canal can be captured and
stored. Moreover, iO1 OTO offered by SyncVision Technology Corporation is a digital portable
otoscope with an in-built LCD screen. Crystal clear images of the ear canal can be viewed on the
LCD screen immediately by the physicians. These technological advancements are expected to
boost the global otoscope market growth over the forecast period.
Product launches are expected to support global otoscope market growth over the forecast period.
Along with improvements in conventional lens otoscopes, manufacturers have introduced
technologically advanced wireless and wired digital otoscopes. Portable digital otoscopes and
otoscopes with mobile connectivity have also been made available by the manufacturers. For
instance, hearX Group Pvt. Ltd. launched a smartphone otoscope in 2017. This otoscope uses a
magnification otoscope pen, which is connected to a smartphone with hearScope application
installed. Moreover, Riester launched EliteVue fibre optic macro otoscope in 2017, and CellScope,
Inc. launched smart-phone enabled otoscope in 2013.
Similar to microscopes, otoscopes is a necessary tool in the healthcare setting, as it serves a basic
function of ear diagnosis and is used by ENT specialists regularly. Adoption of otoscopes is
expected to increase, owing to rising prevalence of various hearing diseases. According to World
Health Organization (WHO), March 2018, around 466 million people worldwide have hearing
disability out of which 34 million are children, Moreover, WHO states that by 2050, over 900
million people are expected to have hearing disability, March 2018. These factors are expected to
boost the global otoscope market over the forecast period.
However, lack of awareness in emerging economies such as Asia Pacific and Africa regarding latest
technologies in otoscopes such as portability and connectivity is expected to restrain the global
otoscope market growth over the forecast period.
Otoscope Market Regional Insights
Among region, North America and Europe are expected to witness significant growth in the
otoscope market over the forecast period. North America has the presence of leading manufacturers
who are engaged in launch of technologically advanced products. The U.S. is one of the leading
producers of otoscope devices, followed by Europe. Otoscopes are exported from these regions to
other regions such as Middle East, Africa, Latin America, and Asia Pacific.
Moreover, competition to global manufacturers from local players in India and China is expected to
negatively impact growth of the global otoscope market over the forecast period.
For More Information @ https://www.coherentmarketinsights.com/ongoing-insight/otoscope-
market-2009
Otoscope Market key Players
Key players operating in the otoscope market include Welch Allyn, Inc., Orlvision GmbH,
SyncVision Technology Corporation, Spengler SA, Olympus Corporation, Inventis SRL, Rudolf
Riester GmbH, Heine Optotechnik, Luxamed GmbH & Co. KG, Dino-Lite, 3M, and CellScope,
Inc.
Otoscope Market Taxonomy
The global otoscope market is segmented on the basis of product type, power source, modality, end
user, and region.