The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Asia-Pacific held the largest ENT devices market share.

The global ENT devices market is expected to grow from $30.21 billion in 2022 to $32.98 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The ENT devices market is expected to grow to $45.04 billion in 2027 at a CAGR of 8.1%.

Major Driver In The ENT Devices Market ­– Increase In The Demand For Healthcare Services
The Indian government announced the Ayushman Bharat PradhanMantri Jan ArogyaYojana (AB-PMJAY) in 2021, which provides health insurance coverage of up to?5 lakh per year per family for secondary and tertiary healthcare hospitalisations.  Favourable government policies and increasing healthcare spending raised demand for healthcare services, fueling demand for ENT devices throughout this time period.

View More On The ENT Devices Market Report 2023 – https://www.thebusinessresearchcompany.com/report/ent-devices-global-market-report

Key ENT Devices Market Segments
1) By Type: Hearing Aid Devices And Equipment, Hearing Diagnostic Devices And Equipment, ENT Surgical Devices And Equipment, Hearing Implants, Voice Prosthesis Devices And Equipment, Nasal Splints
2) By End User: Hospitals And Clinics, Diagnostic Laboratories, Other End Users
3) By Type of Expenditure: Public, Private
4) By Product: Instruments/Equipment, Disposables

Recent ENT Devices Market Trend – Developing User-Friendly And Non-Invasive Equipment
They are constantly investing dollars and resources in R&D to expand the capabilities of their products. Intersect ENT, for example, created the Propel Mometasone Furoate Implant (PMFI) to treat chronic sinusitis. It is a bio-absorbable steroid that is injected into the sinus mucosa. It regulates medication release and degrades over time.   SinuSys Corporation got FDA approval for their Vent-Os Sinus Dilation device, marking yet another breakthrough in sinusitis therapy. It is a tiny, low-pressure implant that is designed to gently open the sinus ostia and extend the device using the body’s natural mucosal fluids.

ENT Devices Market Prominent Players
Major players in the ENT devices market are Sonova Holdings AG, William Demant Holdings A/S, Medtronic Inc., GN Store Nord A/S, Cochlear Limited, Olympus Corporation, Stryker Corporation, Karl Storz SE & Co KG, Merck & Co, and Smith & Nephew plc.

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The ENT Devices Global Market Report 2023  provides a comprehensive overview on the ENT devices market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the ENT devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

ENT devices are used to diagnose and treat disorders of the ear, nose, and throat.

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