ENT (Ear, Nose and Throat) Devices Market to grow at 5% CAGR from 2016 to 2023: Global Market Insights Inc. According to research report “(Ear, Nose, Throat) ENT Devices Market Size By Product [Diagnostic (Rigid, Rhinoscope, Larynogoscope, Otological, Flexible), Surgical (Radiofrequency, Otological Drill Bums, Tympanostomy, Sinus Dilation, Nasal Packing), Hearing Aids (In-the Ear, Receiver-In-The-Ear, Canal), Hearing Implants (Auditory Brainstream, Cochlear, Middle Ear), Voice Prosthesis Device, Nasal Splints (Internal, External)], Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Japan, India, China, South Africa, Brazil, Mexico), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023”, by Global Market Insights, Inc., ENT (Ear, Nose, Throat) Devices Market size was USD 16.7 billion in 2015, with 5% CAGR growth anticipated by the industry throughout 2016 to 2023. Rising occurrence of ear, nose and throat related disorders along with growing old age population is predicted to promote (ear, nose, throat) ENT devices market trends during forecast timeline. Occurrence of hearing impairment has been growing since last few years due to rising noise pollution. Age also acts as a key aspect for acquiring hearing loss and there is growing occurrence of deafness in old people. About 20.1% of aging population above age of 60 years suffer hearing loss and percentage grows to about 40.1% for people who have crossed 75 years of age. The reason for the deafness in old people can be attributed to their low immunity levels making their ear, nose & throat prone to infections like inner mucosal lining inflammation.
Large rate of occurrence of hearing problems were observed in developing nations. In 2012, about 89.1% of the total hearing problems occurred in developing regions where medical requirements were not fulfilled. The costs of the ailments like oropharyngeal cancer and larynx cancer is growing globally, particularly in emerging economies. Growing occurrence of cancer and frequently occurring throat ailments are predicted to propel the industry growth. Introduction of new technologies that can be easily used by patients and accessibility of tiny sized equipments is predicted to increase the demand for ENT devices. Further, growing use of modern laser & radiofrequency technique during surgery & diagnostic processes is predicted to drive (ear, nose, throat) ENT devices market size.
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