According to a new report, published by KBV research, The Global ENT Devices Market size is expected to reach $30.7 billion by 2028, rising at a market growth of 5.5% CAGR during the forecast period.
The ENT Clinics segment is showcasing a CAGR of 5.7% during (2022 - 2028). These are the clinics specially diagnosing and treating disorders related to ear, nose and throat. The demand for ENT devices is rising from this segment as a large number of private doctors specialized in the treatment of ear, nose or throat are opening private ENT clinics. Also, these clinics usually are easy to found in local residential areas where patients often visit for regular check-ups.
The Surgical ENT Devices segment acquired maximum revenue share in the Global ENT Devices Market by Product in 2021 thereby, achieving a market value of $9.6 billion by 2028. Increasing demand for minimally invasive procedures and the incidence of ENT problems are driving the segment's expansion. Radiofrequency handpieces, hand tools, otological drill burs, sinus dilation tools, and nasal packing tools are a few examples of surgical ENT equipment.
The North America market dominated the Global ENT Devices Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $11.1 billion by 2028. The Europe market is exhibiting a CAGR of 5.1% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 5.9% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/ent-devices-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Smith & Nephew PLC, Sonova Holding AG, GN Store Nord A/S, Ambu A/S, Stryker Corporation, Karl Storz SE & Co. KG, Olympus Corporation, Richard Wolf GmbH, Cochlear, Ltd., and Starkey Laboratories, Inc.
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