ENT Devices Market Analysis Report 2021 to 2022
ENT Devices Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 20,008.94 Million |
Market Size by 2030 | US$ 32,934.09 Million |
Global CAGR (2022 - 2030) | 6.4% |
Historical Data | 2020-2022 |
Forecast period | 2022-2030 |
Segments Covered |
By Product
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Industry Developments and Future Opportunities:
A few plans made by key players operating in the ENT Devices Market are listed below:
- In June 2023, Sonova Holding AG launched Sennheiser All-Day Clear in the US. The introduction of the Sennheiser All-Day Clear family expands the company's branded solutions to people with early-stage hearing loss, ranging from prevention to situational assistance.
- In May 2022, Medtronic PLC completed the acquisition of Intersect ENT, expanding the company's comprehensive ear, nose, and throat (ENT) portfolio with innovative products used in sinus procedures to improve post-operative outcomes and treat nasal polyps. Through this acquisition, Medtronic gains PROPEL and SINUVA, which are unique bioabsorbable, steroid-eluting implants for sinus patients.
Competitive Landscape and Key Companies:
Innovia Medical, Sony Electronics, Cochlear Limited, Karl Storz SE & Co. KG, Medtronic PLC, Stryker Corporation, Smith & Nephew PLC, Johnson & Johnson MedTech, Olympus Corporation, and Advanced Bionics are among the prominent companies profiled in the ENT devices market report. These companies focus on geographic expansions and new product launches to meet the growing demand from consumers worldwide and increase their product range in specialty portfolios. Their global presence allows them to serve a large customer base, subsequently facilitating market expansion.