Global ENT Laser Devices Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global ENT Laser Devices Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Ear, nose and throat are some of the most important parts of the human body. It is very essential to keep these parts function properly. Various ENT devices are available for the diagnosis and treatment of these organs associated with diseases. Some of the most common ENT devices are diagnostic devices, surgical devices and therapeutic devices. Deficiencies related to hearing, smelling and speaking are diagnosed and treated by the help of these ENT devices.

Market Overview:

The latest research study on the global ENT Laser Devices market finds that the global ENT Laser Devices market reached a value of USD 103.11 million in 2022. It’s expected that the market will achieve USD 149.2 million by 2028, exhibiting a CAGR of 6.35% during the forecast period.

Impacts from the short-term

The current ENT laser equipment used in public utilities is mainly affected by the COVID-19 pandemic. Most projects in China, the United States, Germany and South Korea have been delayed. Due to supply chain limitations and insufficient site access due to the popularity of COVID-19, these companies are facing short-term operational issues. In the short term, the impact on these medical device companies will be considerable. Inventory backlog, rent and labor costs will continue to be invested. At least for half a year, these medical device manufacturers will face great survival pressure, especially-batch of small and medium-sized enterprises, is likely to accelerate bankruptcy.

Impacts from the long-term

The COVID-19 pandemic has compelled various governments to impose strict lockdown which in turn has halted the operations and processes of several firms as well as manufacturing facilities, thereby affecting global economy. Additionally, numerous enterprises across the globe are witnessing scarcity of labor along with insufficient raw materials owing to the disease outbreak, which is estimated to result in modification in the growth of 19 Impact on Global ENT Laser Devices market in the forthcoming years. But, as long as ENT Laser Devices can continuously update its product performance and attract consumers 'attention, the development opportunities of the industry will become more and more optimistic.

Gas lasers

A gas laser is a laser in which an electric current is discharged through a gas inside the laser medium to produce laser light. In gas lasers, the laser medium is in the gaseous state. Amongst the products, the gas lasers segment is going to have a lucrative growth during the forecast period. Gas lasers provide better surgical efficacy and have fewer complications compared with solid and semiconductor-based lasers.

Solid and semiconductor-based lasers Solid and semiconductor-based lasers play an important role in everyday life. These lasers are very cheap, compact size and consume low power. Solid and semiconductor-based lasers are also known as laser diodes. Diode Laser offers the most bloodless surgery available today. This laser is especially suited for ENT works and finds application in various aspects of surgery in the ear, nose, larynx, neck etc. With introduction of Diode Laser, there has been a significant improvement in the quality of ENT surgery.

Strict regulations and standards for laser equipment manufacturing

Strict regulatory requirements may limit the growth of the ENT surgical laser market. It is important to follow certain specifications and procedures related to the safety of laser products. Laser safety regulations vary by country. For Example, before commercializing laser equipment in the United States, laser manufacturing companies need to obtain certification and approval from the Center for Equipment and Radiological Hygiene (CDRH) and the Food and Drug Administration (FDA).

Increased prevalence of ENT disease

A key factor driving the growth of the global ENT laser devices market size is the increasing prevalence of ENT disorders. ENT disorders involve vital parts of the body, including the ear, nose, and throat, which, besides their sensory functions, are critical for maintaining the sense of balance in the body. The growing prevalence of inflammatory disorders of the ear, nose, and throat will boost the demand for advanced devices and procedures. As a result, vendors are focusing on expanding the range of ENT laser devices, which will fuel the growth of the market during the forecast period.

Region Overview:

In global comparison, a significant portion of the revenue was generated in North America (38.97% in 2021).

Company Overview:

El.En. Spa is one of the major players operating in the ENT Laser Devices market, holding a share of 3.82% in 2022.

El.En. Spa

El.En. Group is one of the leading global players in the LASER world providing industrial, medical and conservation laser solutions. Driven by constant research and development, El.En. group is committed to producing advanced laser devices, excellent in terms of performance, cost effectiveness, reliability, respect for the environment and post-sale customer care.

Lumenis

Lumenis is a global leader in the field of minimally-invasive clinical solutions for the Surgical, Ophthalmology and Aesthetic markets, and is a world-renowned expert in developing and commercializing innovative energy-based technologies, including Laser, Intense Pulsed Light (IPL) and Radio-Frequency (RF).

Segmentation Overview:

Among different product types, Gas lasers segment is anticipated to contribute the largest market share in 2027.

Gas lasers

A gas laser is a laser in which an electric current is discharged through a gas inside the laser medium to produce laser light. In gas lasers, the laser medium is in the gaseous state. Amongst the products, the gas lasers segment is going to have a lucrative growth during the forecast period. Gas lasers provide better surgical efficacy and have fewer complications compared with solid and semiconductor-based lasers.

Solid and semiconductor-based lasers

Solid and semiconductor-based lasers play an important role in everyday life. These lasers are very cheap, compact size and consume low power. Solid and semiconductor-based lasers are also known as laser diodes. Diode Laser offers the most bloodless surgery available today. This laser is especially suited for ENT works and finds application in various aspects of surgery in the ear, nose, larynx, neck etc. With introduction of Diode Laser, there has been a significant improvement in the quality of ENT surgery.

Application Overview:

By application, the Clinic segment occupied the biggest share from 2017 to 2022.

Key Companies in the global ENT Laser Devices market covered in Chapter 3:

Light Scalpel
A.R.C. Laser GmbH
KLS Martin Group
Shanghai Fosun Pharmaceutical
Biolitec
Lumenis
OmniGuide
El.En. Spa
Gigaa Laser
Dimed Laser Technology Co., LTD.
Boston Scientific Corp.
MEDENCY

In Chapter 4 and Chapter 14.2, on the basis of types, the ENT Laser Devices market from 2018 to 2029 is primarily split into:

Gas lasers
Solid and semiconductor-based lasers

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the ENT Laser Devices market from 2018 to 2029 covers:

Hospital
Clinic
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)