The ENT Surgical Devices And Equipment Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s ENT Surgical Devices And Equipment Global Market Report 2024, The ent surgical devices and equipment market size has grown strongly in recent years. It will grow from $6.78 billion in 2023 to $7.35 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to increasing incidence of ent disorders, aging population, rise in minimally invasive procedures, growing awareness and education, healthcare infrastructure development.
The ent surgical devices and equipment market size is expected to see strong growth in the next few years. It will grow to $9.93 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to increasing demand for outpatient procedures, prevalence of chronic ent conditions, global expansion of healthcare services, focus on patient-centric healthcare, emphasis on cost-effective solutions. Major trends in the forecast period include integration of artificial intelligence, technological integration in healthcare, rapid technological innovations, advancements in surgical technologies, growing preference for ambulatory surgical centers (ascs).
The increasing prevalence of ENT disorders is expected to drive the growth of the ENT surgical devices and equipment market. ENT disorders, or otorhinolaryngological disorders, pertain to medical conditions affecting the ear, nose, and throat. ENT surgical devices and equipment enhance the capabilities of ENT specialists, allowing for more precise diagnosis and effective treatment of a wide range of disorders affecting the ear, nose, and throat. For instance, in February 2023, according to the World Health Organization, a Switzerland-based intergovernmental organization, about 5% of the world’s population, require rehabilitation to overcome their debilitating hearing loss. By 2050, it is predicted that 1 in 10 people, or more than 700 million people, are going to suffer from a hearing loss that is incapacitating. Therefore, the increasing prevalence of ENT disorders drives the growth of the ENT surgical devices and equipment market.
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The ent surgical devices and equipment market covered in this report is segmented –
1) By Product: Hand Instrument, ENT Surgical Lasers, Powered ENT Surgical Systems, Radiofrequency Electrosurgical Devices, ENT Surgery Workstations, ENT Surgical Navigation System, ENT Visualization System, Surgical Microscopes
2) By Modality: Hand-held devices, Portable devices, Fixed devices
3) By End User: Hospitals, Ambulatory surgical centers, ENT Clinics
Top Major Players:
Primrose School Franchising Company
KinderCare Learning Companies Inc.
Learning Care Group Inc
La Petite Academy
G8 Education
Asia-Pacific was the largest region in the global ENT surgical devices and equipment market in 2023.
ENT procedures involving minimally invasive ENT tools are an alternative to major surgeries. It involves less tissue damage, reduced scarring, and faster recovery thereby leading to greater adoption and would see an increase in the market potential. Robot-assisted minimally invasive ENT procedures have transformed the treatment landscape of cancer associated with the ear, nose, and throat. For treating benign and malignant conditions of the oropharynx and larynx, Transoral robotic surgery (TORS) is now being widely adopted.
The ent surgical devices and equipment market report table of contents includes:
1. Executive Summary
2. ENT Surgical Devices And Equipment Market Characteristics
3. ENT Surgical Devices And Equipment Market Trends And Strategies
4. ENT Surgical Devices And Equipment Market – Macro Economic Scenario
5. Global ENT Surgical Devices And Equipment Market Size and Growth
….
32. Global ENT Surgical Devices And Equipment Market Competitive Benchmarking
33. Global ENT Surgical Devices And Equipment Market Competitive Dashboard
34. Key Mergers And Acquisitions In The ENT Surgical Devices And Equipment Market
35.ENT Surgical Devices And Equipment Market Future Outlook and Potential Analysis
36. Appendix
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