Global ENT Devices Market

Global ENT Devices Market Size, Share, Growth Analysis, By Product Type(Diagnostic ENT devices, surgical ENT devices), By End User(Home use, hospital and ambulatory settings) - Industry Forecast 2024-2031

Report ID: SQMIG35A2203 | Region: Global | Published Date: February, 2024
Pages: 251 | Tables: 65 | Figures: 75

Global ENT Devices Market Competitive Landscape

The global ENT devices market is highly fragmented and competitive due to presence of various domestics and international players. Key players adopted strategies such as acquisitions, partnerships, and the launch of new products to strengthen their position in global market. Major players increased their investments in R&D to produce technologically advanced ENT devices.

ENT Devices Market Top Player's Company Profiles

  • Medtronic
  • Olympus Corporation
  • Stryker Corporation
  • Smith & Nephew plc
  • Karl Storz SE & Co. KG
  • Johnson & Johnson
  • B. Braun Melsungen AG
  • Atos Medical
  • Cochlear Limited
  • GN Store Nord A/S
  • William Demant Holding A/S
  • Sonova Holding AG
  • Natus Medical Incorporated
  • Acclarent, Inc.
  • Entellus Medical, Inc.
  • Intersect ENT, Inc.
  • Otopront GmbH
  • Spiggle & Theis Medizintechnik GmbH
  • Ambu A/S
  • Teleflex Incorporated

ENT Devices Market

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ENT Devices Market size was valued at USD 21.77 billion in 2019 and is poised to grow from USD 23 billion in 2023 to USD 35.9 billion by 2031, growing at a CAGR of 5.74% in the forecast period (2024-2031).

The global ENT devices market is highly fragmented and competitive due to presence of various domestics and international players. Key players adopted strategies such as acquisitions, partnerships, and the launch of new products to strengthen their position in global market. Major players increased their investments in R&D to produce technologically advanced ENT devices. 'Medtronic', 'Olympus Corporation', 'Stryker Corporation', 'Smith & Nephew plc', 'Karl Storz SE & Co. KG', 'Johnson & Johnson', 'B. Braun Melsungen AG', 'Atos Medical', 'Cochlear Limited', 'GN Store Nord A/S', 'William Demant Holding A/S', 'Sonova Holding AG', 'Natus Medical Incorporated', 'Acclarent, Inc.', 'Entellus Medical, Inc.', 'Intersect ENT, Inc.', 'Otopront GmbH', 'Spiggle & Theis Medizintechnik GmbH', 'Ambu A/S', 'Teleflex Incorporated'

Technological Advancements in ENT Devices

One of the trends in global ENT devices market is audio streaming- wireless technology has made Bluetooth connectivity a standard feature on most hearing aids. Another trend is the adoption of AI in the ENT devices that helps to track stats such as daily steps, social engagement, and active listening to generate overall wellness score. They can also detect when you have fallen and send an automatic alert to a user’s pre-programmed list of emergency contacts.

North America is expected to dominate the global ENT devices market during the forecast period. The market growth in the region is attributed to increasing prevalence of ENT-related disorders, rising demand for hearing care products, the presence of large hospital chains, highly equipped ambulatory facilities, and rising geriatric population. Further, supportive governments regulations for portable medical devices, the presence of local key market players, and the increasing adoption of advanced technologies are the key factors that drive market growth.

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