Dublin, Nov. 29, 2021 (GLOBE NEWSWIRE) -- The "Global ENT Devices Market 2021-2026" report has been added to ResearchAndMarkets.com's offering.
Growth in the global ENT devices market is being fueled by a worldwide increase in aging populations and associated ENT disorders. There are growing cases of ear, nose and throat disorders such as sinusitis, otitis media, tonsillitis, eustachian tube dysfunction, and nasal airway obstruction. Technological innovation is an additional important catalyst driving the adaptation and increase in the use of ENT devices.
In 2020, the ENT devices market was significantly impacted by the COVID-19 pandemic, which led to the shutdown of ENT clinics and the postponement of elective ENT procedures. The transition towards normalcy in the second half of 2021 and the resumption of elective procedures is driving the sales of ENT devices.
Key Market Trends:
The global ENT devices market is forecast to reach $14.1 billion by 2026 from $11.3 billion in 2021 at a compound annual growth rate (CAGR) of 4.6% for the forecast period of 2021 to 2026.
The hearing aid devices segment of the global ENT devices market is expected to grow from $5.8 billion in 2021 to $7.2 billion in 2026 at a CAGR of 4.5% for the forecast period of 2021 to 2026.
The surgical devices segment of the global ENT devices market is expected to grow from $1.8 billion in 2021 to $2.3 billion in 2026 at a CAGR of 4.5% for the forecast period of 2021 to 2026.
This research report presents an in-depth analysis of the ENT device market by product type and region. The report discusses the key inhibitors to the growth of the market for ENT devices. The report discusses the role of participants in the supply chain from manufacturers to researchers.
The Report Includes
An overview of the global ENT devices market
Estimation of the market size and analyses of global market trends, with data from 2019, 2020, estimates for 2021 and projections of compound annual growth rates (CAGRs) through 2026
Highlights of the current and future market potential and quantification of ENT devices market based on region, and product
Identification of market drivers, restraints and other forces impacting the global market and evaluation of current market size and forecast
Description of different types of ENT devices such as diagnostic devices, nasal splints, surgical devices, hearing aids and hearing implants and their current and historical market revenues
Comprehensive company profiles of the leading players of the industry
Key Topics Covered:
Market Definitions and Disease Background
Growing Prevalence and Incidence of ENT Disorders
Increasing Healthcare Expenditures
Penetration of Medical Devices in Emerging Markets
Market Breakdown by Product
Hearing Aid Devices
Speech Aid Devices
Key Factors Underlying the Impact of COVID-19 on the Medical Device Industry
Decline/Delay in Elective Procedures
Supply Chain Disruptions
Strong Impact on China
Impact of COVID-19 on Medical Device Product Segments
COVID-19 Impact on ENT Devices Market
Market Breakdown by Region
Market Overview and Discussion
Rest of the World
Chapter 8 Competitive Landscape
B. Braun Melsungen Ag
Fujifilm Holdings Corp.
Hill-Rom Holdings Inc.
Johnson & Johnson
Smith & Nephew
For more information about this report visit https://www.researchandmarkets.com/r/4s2b2k
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