The latest trending report published by Crystal Market Research titled, Ear Nose and Throat (ENT) Devices Market approximates that the Ear Nose and Throat (ENT) Devices Market size is estimated to flourish at a significant CAGR in the future, and this is attributed to the escalation in need for this product across the globe along with novel innovations in the market.
The Ear Nose and Throat (ENT) Devices Market was worth USD 14.35 billion in the year of 2012 and is expected to reach approximately USD 27.63 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 6.07% during the forecast period.
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The increasing age likewise prompts reduced levels of immunity making individuals more inclined to diseases, for example, a sore throat because of streptococcus contamination.
As per the Action on Hearing Loss Information, more than 10 million individuals in the United Kingdom or one out of every six persons experienced loss of hearing. Out of these, 6.4 million individuals were in the age group of 65, or more and 800,000 million individuals experienced extreme deafness.
Developing predominance of disorders related ageing, for example, loss of hearing and reduction in working levels of ear, nose, and throat, is relied upon to drive the ENT devices industry over the figure time frame.
In 2014 North America was the largest ENT devices market with revenue of USD 4.0 billion. The market is bolstered by the existence of refined healthcare infrastructure, positive government activities, and existence of high awareness levels of patients and professionals. Europe additionally appreciates a high level of product infiltration particularly, in fragments, for example, hearing aids attributable to, the existence of high levels of patient awareness and modern healthcare foundation.
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Top Major Market Players:
The ENT devices market is dominated by organizations like Cochlear Limited, Welch Allyn, Siemens Healthcare, Sonova Holding AG, Rion Co, Atos Medical AB, Starkey Laboratories Inc and William Demant.
This report contains Segment wise in-depth analysis in terms several segments along with market size forecasts and approximations to observe significant areas of industry growth in detail. Additionally, an executive summary, summarizing the entire report in such a way that decision-making team can speedily become familiar with background information, summarizing analysis and main conclusions.
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About Crystal Market Research:
Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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