Global Surgical ENT Devices Market Size study&Forecast, byProduct (Radiofrequency Handpieces, Sinus Stents, Powered Surgical Instruments, Rigid Endoscopes, Sinus Balloon Dilation Devices, Otological Drill Burrs, ENT Hand Instruments, Tympanostomy Tubes, N

Global Surgical ENT Devices Market Size study&Forecast, byProduct (Radiofrequency Handpieces, Sinus Stents, Powered Surgical Instruments, Rigid Endoscopes, Sinus Balloon Dilation Devices, Otological Drill Burrs, ENT Hand Instruments, Tympanostomy Tubes, Nasal Packing Devices) by End-use (Hospitals, Specialty Clinics, Ambulatory Surgery Centers)and Regional Analysis, 2022-2029

Global Surgical ENT Devices Market is valued at approximately USD 6.9 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.67% over the forecast period 2022-2029.In the human body ENT represents the ear, nose, and throat, these are vital parts and maintain the balance in the body. Surgical ENT Devices are used in therapy and surgical diagnosis of ear, nose and throat disorders. These devices are used to correct problems such as snoring, speaking, smelling or hearing. The increasing number of hearing loss and Tonsillitis is playing a major role in market growth. Additionally, the increasing number of Ear, Nose, and Throat (ENT) Disorders and the need for surgical procedures are driving the market for Surgical ENT devices.

The increasing number of Ear, Nose, Throat (ENT) Disorders is driving the demand for surgical ENT devices. ENT disorders include ear infections, hearing loss, dizziness, tinnitus, swimmer’s ear, throat pain, tonsillitis and so on. As per the world health organization, 5% of the population is suffering from hearing loss globally and 600 million people have tonsillitis. It is expected that by 2050 the number of people suffering from hearing loss will raise to 2.5 billion people. A disease leading to ringing in the ears is also prevailing with 66% of people worldwide suffering from tinnitus. The demand for surgical procedures to procure these disorders at severe stages is also growing worldwide. By 2050, 700 million people are anticipated to require a hearing aid or surgery leading to surgical devices amounting to 15.5% market share. Moreover, the continuous innovation and technological developments in the medical sector due to the major rise in hearing loss globally are boosting the demand for surgical ENT devices. However, the shortage of skilled ENT surgeons stifles market growth of surgical ENT devices throughout the forecast period of 2022-2029.

The key regions considered for the Global Surgical ENT Devices Marketstudy includes Asia Pacific, North America, Europe, Latin America, and Rest of the World.North America dominated with 35.0% of the market share in 2021. The increasing incidences of hearing loss and the geriatric population are the key factors for growth in this region. Rising disorders also leadto a greater number of surgical procedures emerging and the need for surgical devices. Asia-Pacific is expected to be the fastest-growing region over the forecast period. The rising awareness and large patient population playa major role in boosting the demand in this region. Key market players are further investing inhighly developed infrastructure, skilled surgeons, sophisticated equipmentand so on.

Major market player included in this report are:
Medtronic plc
Olympus Corporation
Richard Wolf GmbH
Carl Zeiss AG
Stryker Corporation
Smith & Nephew plc
Johnson & Johnson Pvt. Ltd.
Integra LifeSciences
Sonova Holding AG
HOYA Corporation
Recent Developments in the Market:
In August 2021, Medtronic plc acquires Intersect ENT with a consistent agreement for capital deployment.
In April 2018, Johnson & Johnson launched a three-dimensional system “TruDi Navigation System” for surgical ENT procedures for accurate and reliable options for sinus surgery operations.
Global Surgical ENT Devices Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, End-use, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporatespotential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

ByProduct:
Radiofrequency Handpieces
Sinus Stents
Powered Surgical Instruments
Rigid Endoscopes
Sinus Balloon Dilation Devices
Otological Drill Burrs
ENT Hand Instruments
Tympanostomy Tubes
Nasal Packing Devices

By End-use:
Hospitals
Specialty Clinics
Ambulatory Surgery Centers

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the WorldCompanies Mentioned
Medtronic plc
Olympus Corporation
Richard Wolf GmbH
Carl Zeiss AG
Stryker Corporation
Smith & Nephew plc
Johnson & Johnson Pvt. Ltd.
Integra LifeSciences
Sonova Holding AG
HOYA Corporation

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