Description
The global market for ENT ( Ear , Nose , and Throat ) devices is expected to reach USD 1.2 billion by the end of 2020 , growing at a CAGR of around 8.3 % from 2014 to 2021 .
Ear , nose , and throat ( ENT ) devices are special equipment used for detection , therapy or surgery of any disorder related to the ear , nose or throat . They also refer to synthetic materials and prosthetic devices used to restore any dysfunction of the ears , nose or throat as well as to correct any problems with hearing , smelling or speaking .
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Global ENT Devices Market-Market Dynamics The world ENT devices market has witnessed a stable growth over the past several years . The report details several factors driving and restraining the ENT devices market . Some of these are listed below . Drivers
Some factors contributing to the growth of the market are : Increasing population Increasing geriatric population Rising healthcare expenditures in developed countries Technologically advanced ENT devices leading to enhanced applications Rising incidence of sinusitis Rapid urbanization in emerging economies Increasing trend of customized implants Favorable funding in developed regions Restraints
Some of the factors limiting the growth of the market are high costs and technical errors associated with hearing aid device batteries . The global ENT Market is segmented on the basis of hearing aid devices , hearing implants , cochlear implants , diagnostic devices , nasal splints , and voice prosthesis and region ( North America , Europe , Asia- Pacific & the Rest of the World ). North America dominates the global ENT devices market due to technological advancement in the ENT arena in the region . The US represents the largest market for ENT devices , followed by Canada . In Europe , France , Germany and the UK hold the major share of the ENT devices market . However , Asia is expected to show high growth rates in the next five years in the global ENT devices market .
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Some of the key players in the market are : Beltone Cochlear Ltd . www . orbisresearch . com ; + 1 ( 214 ) 884-6817 ; + 9120-64101019