ENT Devices Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to ent devices market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

ENT Devices Market News

  • In April 2023, Unitron launched Vivante. This is a platform that can improve listener’s experience with the help of personalized hearing control. 
  • In February 2023, Cochlear Ltd. went into a collaboration with Amazon.com, Inc. The objective of the collaboration is to extend audio streaming for hearing aids for people. 
  • In November 2022, Cochlear Ltd. made announcement the extension of its manufacturing plant in Kuala Lumpur, Malaysia. This plant will help in the increasing demand for acoustic and cochlear hearing implants.

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ENT Devices Market size was valued at USD 18.45 Billion in 2023 and is poised to grow from USD 19.67 Billion in 2024 to USD 32.85 Billion by 2032, growing at a CAGR of 6.62% during the forecast period (2025-2032).

Medtronic Plc ', 'Stryker Corporation ', 'Smith & Nephew Plc ', 'Olympus Corporation ', 'Cochlear Limited ', 'Sonova Holding AG ', 'William Demant Holding A/S ', 'Gn Store Nord ', 'Coloplast ', 'Baxter International ', 'Starkey Hearing Technologies ', 'American Hearing Systems Inc ', 'Narang Medical Limited ', 'Med-El Gmbh ', 'Ws Audiology A/S ', 'Horentek Systems ', 'Audina Hearing Instruments ', 'Sinusys Corporation ', 'Richard Wolf Gmbh ', 'Boston Scientific'

ENT is seeing increasingly higher volumes of minimally invasive techniques utilized to mitigate the time of recovery and reduce any discomfort in the patient. This, in turn, is significantly enhancing the demand for devices used for these ENT procedures. The use of cutting-edge surgical instruments developed specifically for these procedures, as a result, has become increasingly more prevalent. 

Increasing Development of Imaging Systems: Technically, there are major changes in the ENT device market with imaging technologies such as the high-definition endoscopes, 3D imaging systems, and handheld ultrasound devices being the ones that are mostly improved in this field. They enhance viewing and this, in turn, ensures that the diagnosis and surgical procedure are as precisely made as possible. In addition, the use of robotics as well as artificial intelligence is integrated into ENT surgeries and their role will increase over the following years. They allow performing more efficient minimal-invasive surgeries. 

North America is dominating the global ENT devices market with maximum share. In the North American region, the share was significant due to the advanced healthcare infrastructure and the presence of technological leaderships. The growing incidence of ENT-related disorders, including hearing loss is also driving the market in the region. The demand for devices such as hearing aids and implants is high in the region owing to its aging population. Moreover, the well-established healthcare policies and insurance cover ensure that people get easy access to ENT services and the region’s strong economic conditions allowed them to afford the advanced devices. Increasing investment in R&D for medical devices and the presence leading academic institutions is also driving innovations and competition in the region. 

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Global ENT Devices Market
ENT Devices Market

Report ID: SQMIG35A2203

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