ENT Devices Market Is Anticipated to Grow at a Substantial CAGR from 2019 to 2030
Market Industry Reports (MIR) has published a new report titled “ENT Devices Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.”
New York, NY -- (SBWire) -- 06/10/2019 --According to the report, the global ENT devices market was estimated to be over US$ 16 Bn in 2018. It is anticipated to grow at a substantial CAGR from 2019 to 2030
Ear, nose and throat related disorders are some of the common disorders and there has been a steady rise in the numbers of these disorders. For instance, according to the Centers of Disease Control and Prevention (CDC), in the U.S. 30.8 million i.e. 12.5% of adults are diagnosed with chronic sinusitis and this is dominant even more than diabetes and asthma. Furthermore, 45,000 to 60,000 new cases of Meniere's disease, a disorder of the inner ear are recorded annually by Hearing Health Foundation. This trend of increase in ear, nose and throat related disorders is expected to grow significantly during the forecast period. This factor is anticipated to contribute to the growth of this market.
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Major Players in the ENT Devices
The prominent players in the global ENT Devices market are Medtronic, CONMED Corporation, UNITECH VISION, Olympus Corporation, AventaMed DAC, PENTAX Medical KARL STORZ SE & Co. KG, Stryker, Smith & Nephew and Starkey among others.
Swift Growth in the Asia Pacific Region
Asia Pacific is estimated to witness the highest CAGR during the forecast period. Growing preference for minimally invasive ENT surgeries, growing geriatric population and rising incidence of hearing loss and disorders is expected to aid growth of ENT devices market in this region. Furthermore, rise in focus of market players in this region and less-stringent regulatory guidelines in the region are expected to present an attractive growth prospect for the market in the coming years.
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1. Table of Contents
2. INTRODUCTION
2.1. Market Definition
2.2. Market Ecosystem
2.2.1. Market Classification
2.2.2. Geographic Scope
2.2.3. Years Considered for the Study: Historical Years – 2016 & 2017; Base Year – 2018; Forecasted Years – 2019 to 2030
2.3. Currency Used
3. RESEARCH METHODOLOGY
3.1. Research Framework
3.2. Data Collection Technique
3.3. Data Sources
3.3.1. Secondary Sources
3.3.2. Primary Sources
3.4. Market Estimation Methodology
3.4.1. Bottoms Up Approach
3.4.2. Top Down Approach
3.5. Data Validation and Triangulation
3.5.1. Market Forecasting Model
3.5.2. Limitations/Assumptions of the Study
4. ABSTRACT OF THE STUDY
5. MARKET DYNAMICS ASSESMENT
5.1. Overview
5.2. Drivers
5.3. Barriers/Challenges
5.4. Opportunities
6. UNIQUE SELLING PROPOSITIONS (USPs)
6.1. Product Analysis (Snapshot)
6.2. Technological Advancements
6.3. Hearing Loss Statistics Assessment (Key Countries)
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