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SAN FRANCISCO, CA -- (Marketwired) -- 08/05/15 -- Global ENT (Ear, Nose, And Throat) devices market is expected to reach USD 23.01 million in 2022, according to a new study by Grand View Research, Inc. Growing base of geriatric population, increasing prevalence of ear, nose, and throat related traumas and infections, and rising level of awareness among target customer base are expected serve this market as high impact rendering drivers over the forecast period. According to estimates published by the WHO, 15% of adult population and 33% of geriatric population globally suffer from hearing disorders. Moreover, 13,560 new cases are estimated to be registered in 2015 according to the National Cancer Institute. Technological advancements and the use of user-friendly materials in product development are expected to further boost the growth of this ENT devices industry. For instance, the use of thermoplastic material for the development of custom/cut size external nasal splints is likely to gain penetration over the next seven years.
Browse full research report with TOC on "ENT (Ear, Nose, And Throat) Devices Market Analysis By Product (Diagnostic, Rigid Endoscopes, Robot Assisted Endoscope, Hearing Screening, Surgical Devices, Radiofrequency Handpieces, Powered Surgical Instrument, ENT Hand Instruments Hearing Aids, Behind-the-Ear Aids, Cochlear Implants, Bone Anchored Hearing System, Voice Prosthesis Devices, Nasal Splints) And Segment Forecasts To 2022" at: http://www.grandviewresearch.com/industry-analysis/ent-ear-nose-and-throat-devices-market
Valued at over 5.0 billion, hearing aids were the largest product segment of the market in 2014. Growing target population, considerably high market usage, and high accessibility are amongst some key factors accounting for its large market share. On the other hand, hearing implants and voice prosthesis are expected to witness rapid growth over the forecast period owing to the introduction of technological advancements aimed to increase patient compliance and overcome social stigmas.
Further key findings from the study suggest:
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For the purpose of this study, Grand View Research has segmented the ENT Devices Market on the basis of product and region:
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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Hearing, auditory perception, or audition is the ability to perceive sound by detecting vibrations, changes in the pressure of the surrounding medium through time, through an organ such as the ear. Sound may be heard through solid, liquid, or gaseous mat...
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