Surgical Ear, Nose, and Throat (ENT) Devices Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Sonova Holding AG (OTC: SONVY), William Demant Holdings, Medtronic PLC (NYSE: MDT), KARLSTORZ

Registering a CAGR of 7.5% over the forecast period, the market value of Surgical Ear, Nose, and Throat (ENT) Devices is expected to reach US$ 5.8 billion in the year 2027.

Surgical Ear, Nose, and Throat (ENT) Devices Market Overview

Integration of advanced technology for developing superior quality ear, nose, and throat devices coupled with successful product launch and products approvals by regulatory bodies will drive the market progress. For instance, companies have launched hearing aids and amplifiers that can be connected with mobile enabling users to have better conversations over calls as well as allows tracking of mental health and cognitive hearing. Technology integrated in ENT devices also eliminates errors and improves accuracy thus, surging its usage in the coming years.Rising Demand for advanced ENT devices and systems, such as robot-assisted endoscopes, in developing economies is low due to high cost, as their use is concentrated to developed economies, such as the U.S. However, growing healthcare spending by other governments and a rise in per capita income are anticipated to significantly improve market penetration. Sales are expected to increase at a rapid pace in developing economies due to the high incidence of ENT diseases, such as hearing loss and sinusitis, and an increase in efforts to provide better access to healthcare facilities in these regions. The shift from traditional to care-delivery models has influenced the growing demand for laser treatments. The Pathfinder neurosurgery robot, the Acrobot knee replacement equipment, and the autonomous smart drill for drilling tracheostomies are all gaining popularity. Because operations like rhinoplasty and otoplasty are in high demand, surgical equipment are in high demand.Hearing Aids is the Segment under Product Type is Expected to Account for Fastest Growth Rate during the Forecast Period.ENT devices for minimally invasive procedures are dominated by companies such as Karl Storz, which offers HD video rhino-laryngoscope that can be used for visualization of nose, pharynx, & larynx in HD image quality. Ambu, Inc. also offers single-use rhino-laryngoscope, which provides ENT specialists an alternative to reusable scopes.The rising geriatric population, increasing prevalence of ENT-related disorders, increasing penetration of minimally invasive ENT procedures are among the key trends stimulating market growth. Technological advancements also play an important role in the growth of the market.

Industry News and Updates:

Acclarent Launches First ENT Navigation Technology Powered by Artificial Intelligence

30 September 2021 -- cclarent, Inc., part of the Johnson & Johnson Medical Devices Companies, and a leader in developing minimally-invasive Ear, Nose & Throat (ENT) technologies, today announced the U.S. launch of its first-ever AI-powered ENT technology, designed to simplify surgical planning and provide real-time feedback during ENT navigation procedures. The new software package contains TruSeg™ and TruPath™ for use with the TruDi® Navigation System and leverages a machine learning algorithm to provide reliable and efficient image guided preoperative planning and navigation for ENT procedures, like endoscopic sinus surgery.

Medtronic to Acquire Intersect ENT

Aug. 6, 2021-- Medtronic plc (NYSE:MDT), the global leader in medical technology, today announced that it has entered into a definitive agreement with Intersect ENT (NASDAQ: XENT), a global ear, nose, and throat (ENT) medical technology leader dedicated to transforming patient care, in which Medtronic will acquire all outstanding shares of Intersect ENT for $28.25 per share in an all-cash transaction implying an enterprise value of approximately $1.1 billion. The boards of directors of both companies have unanimously approved the transaction.

What are the major Applications, Types and Regions for Surgical Ear, Nose, and Throat (ENT) Devices Market?

Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• Hearing Aids


• Hearing Implants


• Co2 Lasers


• Image-Guided Surgery Systems


• Others

By Application, it is segmented into

• Home Use


• Hospitals


• Ambulatory Settings


• ENT Clinics

Surgical Ear, Nose, and Throat (ENT) Devices Market Regional Analysis

The United States has one of the largest ENT device markets in the world. ENT operations are receiving increasingly attractive reimbursement as insurance policies do not cover cosmetic procedures, which is pushing the demand for these devices. During the forecast period, Asia is expected to grow the fastest. The region's rising population, as well as the ageing population and diseases that come with it, will increase demand for ENT surgical devices.

The rise of ENT devices in the regional market is being fueled by increased awareness of ENT problems and the expansion of distribution networks. India and China together will account for more than 64% of Asia's overall ENT surgical device demand.

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• Asia-Pacific
  
  
  
  • China
  
  
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  • India
  
  
  • Australia
  
  
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• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Surgical Ear, Nose, and Throat (ENT) Devices Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Surgical Ear, Nose, and Throat (ENT) Devices Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Surgical Ear, Nose, and Throat (ENT) Devices Market report scope?

Scope of the Report covers Surgical Ear, Nose, and Throat (ENT) Devices Market with detailed analysis of the overall scenario for the market. It also highlights the business participants environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Surgical Ear, Nose, and Throat (ENT) Devices Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.

Key Takeaways from this Surgical Ear, Nose, and Throat (ENT) Devices Report

• Evaluate Surgical Ear, Nose, and Throat (ENT) Devices market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Surgical Ear, Nose, and Throat (ENT) Devices market entropy - M&A's, deals, partnerships, product launches of all key players for the past 5 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

What is the study period of this market?

The Surgical Ear, Nose, and Throat (ENT) Devices Market is studied from 2017 - 2027.

What is the growth rate of Surgical Ear, Nose, and Throat (ENT) Devices Market?

The Surgical Ear, Nose, and Throat (ENT) Devices Market is growing at a CAGR of 7.5% over the next 5 years.

Who are the key players in Surgical Ear, Nose, and Throat (ENT) Devices Market?

Sonova Holding AG (OTC: SONVY), William Demant Holdings, Medtronic PLC (NYSE: MDT), KARLSTORZ, Stryker Corp. (NYSE: SYK), Johnson & Johnson (NYSE: JNJ), Smith & Nephew plc (NYSE: SNN), Olympus Corporation (OTC: OCPNY), B. Braun, Otopront, Spiggle & Theis, CONMED Corporation (NYSE: CNMD), Cochlear Limited (ASX: COH.AX), HOYA Corporation (OTC: HOCPY), Tiansong

What regions does this Surgical Ear, Nose, and Throat (ENT) Devices Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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