ENT devices are distinct equipment used for diagnosis, therapy, or surgery of any disorders related to the ear, nose, or throat, thereby helping to correct any problems related to hearing, smelling, snoring, or speaking, There are a wide range of ENT devices available in the market including endoscopes, hearing screening devices, powered surgical instruments, hearing aids, hearing implants, handheld surgical instruments, balloon sinus dilation devices, CO2 lasers, image-guided surgery systems, ear tubes, nasal and otological (ear) packing material, and voice prosthesis devices.

The global ENT devices market is expected to reach USD 14,001 Million by 2020 from USD 9,595 Million in 2015, at a CAGR of 6.5% during the forecast period. Growth in ENT Devices market is mainly driven by the high prevalence of chronic sinusitis, rising geriatric population, favorable reimbursement scenario for ENT procedures in developed countries, rising adoption of minimally invasive ENT procedures, increasing presence of prominent players in the ENT devices market, and technological advancements. In addition the growing adoption of surgical instruments and techniques that are minimally invasive and more accurate than the conventional methods is a key market trend that will drive the ENT devices market during the forecast period. However, changes in the reimbursement policy for Tracheoesophageal Voice Prosthesis (TEP) devices in the U.S., high cost of CO2 lasers, and high cost and lack of reimbursement for hearing aids are factors that are likely to restrict the growth of ENT Devices market.

Chronic sinusitis is one of the top 10 medical conditions and contributes around USD 8.6 Billion of direct healthcare cost in the U.S. According to the Centers of Disease Control and Prevention (CDC), in the U.S., about 12.1% of the adult population or 28.5 Million people are suffering from chronic sinusitis, making it more prevailing than diabetes and asthma. This high prevalence of chronic sinusitis is driving the demand for ENT treatments such as endoscopic sinus surgeries, functional endoscopic sinus surgery (FESS), and balloon sinus dilation. Thus, growing prevalence of sinusitis is expected to propel the growth of ENT devices market.

ENT Devices Market report is a comprehensive study of current market trends in the market, industry growth drivers, and restraints. These markets are analyzed at regional level to provide exhaustive market analysis for the years 2013, 2014, 2015 and forecast to 2020. Each market is comprehensively analyzed at a granular level by geography (North America, Europe, Asia and Rest of the World) to provide in depth on the global scenario.

The ENT Devices market is a highly competitive market with several big as well as emerging players striving to secure a larger market share. In addition, each product segment has different set of vendors. Prominent players in the ENT devices market include Medtronic plc (Ireland), Olympus Corporation (Japan), KARLSTORZ GmbH & Co (Germany), Stryker Corporation (U.S.), Smith & Nephew plc (U.K.), Acclarent, Inc. (U.S.), Hoya Corporation (Japan), Sonova Holdings AG (Switzerland), William Demant Holdings A/S (Denmark), and Cochlear Limited (Australia).

Scope of the Report : ENT Devices Market

This report covers the global ENT devices market by product, end user, and region.

ENT Devices Market, by Product

Diagnostic ENT Devices Endoscopes Rigid Endoscopes Otoscopes Sinuscopes Flexible Endoscopes Laryngoscopes Pharyngoscopes Nasopharyngoscopes Rhinoscopes Hearing Screening Devices Surgical ENT Devices Powered Surgical Instruments Radiofrequency Devices Handheld Instruments Rhinology Instruments Otology Instruments Laryngeal Instruments Head and Neck Surgical Instruments Other Handheld Instruments Balloon sinus dilation devices ENT Supplies Packing Material Nasal Splints & Stents Ear Tubes

Hearing Aids

Hearing Implants

CO2 Lasers

Image-guided Surgery Systems

ENT Devices Market, by End User

Hospitals

Ambulatory Settings

ENT Clinics

Home-use

ENT Devices Market, by Region

North America ENT Devices Market U.S. Canada

Europe ENT Devices Market Germany France U.K. Rest of the Europe (RoE)

Asia ENT Devices Market

Rest of the World (RoW) ENT Devices Market

Otorhinolaryngology/otolaryngology is a specialized branch of medicine that deals with the treatment of disorders and conditions of the ear, nose, and throat (ENT), and related areas of the head and neck. There is a wide range of ENT devices available in the market including endoscopes, hearing screening devices, powered surgical instruments, hearing aids, hearing implants, handheld surgical instruments, balloon sinus dilation devices, CO2 lasers, image-guided surgery systems, ear tubes, nasal and otological (ear) packing material, and voice prosthesis devices.

Market growth is driven by the high prevalence of chronic sinusitis, rising geriatric population, favorable reimbursement scenario for ENT procedures in developed countries, rising adoption of minimally invasive ENT procedures, increasing presence of prominent players in the ENT devices market, and technological advancements. However, changes in the reimbursement policy for Tracheoesophageal Voice Prosthesis (TEP) devices in the U.S., high cost of CO2 lasers, and high cost and lack of reimbursement for hearing aids are factors that are likely to restrict the growth of ENT Devices market.

The ENT devices market in this report is segmented on the basis of products, end users, and regions. Based on product, ENT Devices market is segmented into diagnostic devices, surgical devices, hearing aids, hearing implants, CO2 lasers, and image-guided surgery systems. Hearing aids are expected to account for the largest share of ENT Devices market in 2015. The hearing implants segment is slated to grow at a highest CAGR during the forecast period. The high growth in this segment is attributed to the high prevalence of hearing loss, growing geriatric population, rising number of product approvals, and technological advancements.

The diagnostic devices market is segmented into endoscopes and hearing screening devices. In 2015, the endoscopes segment is estimated to command the largest share of the diagnostic devices market. This segment is expected to continue to dominate the market and grow at the highest CAGR during the forecast period. The high growth of this segment is attributed to the increasing number of minimally invasive surgical procedures performed across the globe and introduction of technologically advanced products.

The surgical devices market is classified into powered surgical instruments, radiofrequency devices, handheld instruments, balloon sinus dilation devices, ENT supplies, ear tubes, and voice prosthesis devices. In 2015, the handheld instruments segment is expected to hold the largest market share and is expected to continue to dominate the surgical devices market during the forecast period.

ENT Devices market by end user is segmented into home-use, hospitals, ambulatory settings, and ENT clinics. The ambulatory settings segment is expected to grow at the highest CAGR during the forecast period.

The global ENT Devices market is dominated by North America, followed by Europe. The ENT Devices market in Asia is expected to grow at a highest CAGR during the forecast period. Factors such as growing preference for minimally invasive ENT surgeries, rise in disposable incomes in developing countries, growing geriatric population, rising incidence of hearing loss and disorders, increasing focus of market players in this region, and less-stringent regulatory guidelines in the region are expected to drive the growth of Asian ENT devices market.