The Global ENT Devices Market Report By The Business Research Company
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The global ENT devices market is expected to decline from $15.3 billion in 2019 to $12.4 billion in 2020 at a compound annual growth rate (CAGR) of -19%. The decline is mainly because of worldwide supply and demand mismatches of resources due to the COVID-19 outbreak. There is an inadequate production of hearing implants, hearing aid, hearing diagnostic, voice prosthesis, and other ENT-related devices due to the restrictions imposed by governments of various countries to shutdown factories or function with minimal staffing to contain the spread of virus and keep the staff safe. The market is then expected to recover and grow at a CAGR of 6% from 2021 and reach $19.3 billion in 2023.
The ENT devices (or) equipment market consists of sales of ENT devices and related services by entities (organizations, sole traders and partnerships) that produce ENT devices used in diagnosis and treatment of ear, nose and throat diseases. This industry includes establishments that produce hearing aid devices, hearing diagnostic devices, hearing implants, voice prosthesis devices and other devices.
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The global ENT devices market is further segmented based on type, end-user, type of expenditure, product and geography.
By Type: Hearing Aid Devices And Equipment, Hearing Diagnostic Devices And Equipment, ENT Surgical Devices And Equipment, Hearing Implants, Voice Prosthesis Devices And Equipment, Nasal Splints.
By End User: Hospitals And Clinics, Diagnostic Laboratories, Others.
By Type of Expenditure: Public, Private.
By Product: Instruments/Equipment, Disposables.
By Geography: The global ENT devices market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the North American ENT devices market accounts for the largest share of 33% in the global ENT devices market.
Read More On The Report For The Global ENT Devices Market At: https://www.thebusinessresearchcompany.com/report/ent-devices-global-market-report-2020-30-covid-19-impact-and-recovery
Trends In The ENT Devices Market
Customization of hearing aids and implants through 3D printing is one of the major trend in the ENT devices market. Companies in this segment design, develop and provide hearing aids in a range of colors, designs, metallics and prints depending on the patient’s needs.
ENT Devices Global Market Report 2020 is one of a series of new reports from The Business Research Company that provides ENT devices market overviews, analyzes and forecasts market size and growth for the global ENT devices market, ENT devices market share, ENT devices market players, ENT devices market segments and geographies, ENT devices market’s leading competitors’ revenues, profiles and market shares. The ENT devices market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Where To Learn More
Read ENT Devices Global Market Report 2020 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
ENT Devices Market Organizations Covered: Sonova Holdings AG, William Demant Holdings A/S, Medtronic plc, KARLSTORZ GmbH & Co, Stryker Corporation.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2020-30)
Other Information And Analyses: SWOT analysis, ENT devices market customer information, ENT devices market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global ENT devices market in 2020 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The ENT Devices Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The ENT Devices Sector: The report reveals where the global ENT devices industry will put on most $ sales up to 2023.
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ENT Surgical Devices And Equipment Global Market Report 2020-30: COVID-19 Impact And Recovery
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