The report for Global Otoplasty Market by Market Research Future comprises of extensive
primary research along with the detailed analysis of qualitative as well as quantitative
aspects by various industry experts, key opinion leaders to gain a deeper insight of the
market and industry performance. Otoplasty refers to surgical and non-surgical procedures
for correcting external ear deformities and defects. The defects may be of morphology and
structure of the external ear such as a deformation, absent external ear, damage by trauma
etc.. Otoplasty corrects the defect or deformity of the external ear by procedures such as
shaping or augmenting of the cartilaginous support framework of the pinna etc. Otoplasty
was developed in ancient India, in 5th century BC, by physician Sushruta and was described
in the Sushruta samhita for correcting and reconstructing ear, nose and lips deformed due
to amputations. Dieffenbach in 1845, demonstrated correction of post-traumatic auricular
deformity and cosmetic otoplasty was described by Ely who performed a wedge excision to
reduce the prominence of the ear.
The growing awareness and the availability of advanced products such as malleable and
adjustable splints, tubings which can be adjusted for any size and shapes of the ear, are
expected to make a positive impact on the market. The rising per capita income and the
growing acceptance of the plastic and aesthetics surgeries across the globe will drive the
future market. The critical market restraints are complications and discomfort associated
with otoplasty, formation of abnormal scar tissue, distortion of the shape of the ear caused
by overcorrection of deformed features and reappearance of ear protrusion. Generally
insurance providers do not provide coverage for otoplasty which is the biggest economic
constraint. Again, cosmetic otoplasty surgeries have almost no coverage. Most patients do
not have a life threat from the deformity which leads to low number of patients than the
actual potential of the surgery procedure.
Considering all these factors, the Otoplasty Market for is expected to reach $ 1.2 billion by
the end of 2023, this market is projected to growing at a CAGR of ~ 6.5 % during 2017-
2023.
Key players of Global Otoplasty Market:
Allergan, Sklar Surgical Instruments, Earfold, Invotec International, Inc., Phoenix medical
systems pvt. ltd., EarBuddies and others.
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Segments:
The Global Otoplasty Market is segmented on the basis of otoplasty types, otoplasty surgical
techniques, non-surgical otoplasty, devices and end users. Based on otoplasty types, the
market has been segmented as ear augmentation, ear reduction and ear pin back. Based on
the otoplasty surgical techniques, the market has been segmented as anti-helical fold