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The ENT surgical devices and equipment market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 8%, as per The Business Research Company’s market report!

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The ENT Surgical Devices And Equipment Market Size In 2022 And Forecast
The global ENT surgical devices and equipment market grew from $4.69 billion in 2021 to $5.23 billion in 2022 at a compound annual growth rate (CAGR) of 11.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The ENT surgical devices and equipment market is expected to grow to $7.3 billion in 2026 at a CAGR of 8.7%.

The ENT surgical devices and equipment market consists of sales of ENT (ear-nose-throat) surgical devices.

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Increase In Demand And Adoption Of Minimally Invasive ENT Surgeries Is Driving The Growth Of The ENT Surgical Devices And Equipment Market
For example, minimally invasive ENT surgeries offer patients many benefits such as smaller incisions, faster recovery times, reduced pain, and scarring. In the majority of the cases, physicians enjoy a higher accuracy rate compared to traditional open surgery. These supreme benefits of minimally invasive ENT surgeries will drive the market.

Competitive Landscape And The Regional Analysis Of The ENT Surgical Devices And Equipment Market
Major players in the ENT surgical devices and equipment market are Carl Zeiss Meditec AG, Stryker, Shanghai Fosun Pharmaceuticals Ltd, KLS Martin LP, Acclarent Inc, Medtronic, Smith & Nephew, Boston Scientific, Olympus, and ClaroNav.

Additionally, as per TBRC’s research – Asia Pacific was the largest region in the ENT surgical devices and equipment market in 2021 holding the largest market share.

The ENT Surgical Devices And Equipment Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the ENT surgical devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the ENT surgical devices and equipment market.

Involving Minimally Invasive ENT Tools – A Key Trend In The ENT Surgical Devices And Equipment Market
It involves less tissue damage, reduced scarring, and faster recovery thereby leading to greater adoption and would see an increase in the market potential. Robot-assisted minimally invasive ENT procedures have transformed the treatment landscape of cancer associated with the ear, nose, and throat. For treating benign and malignant conditions of the oropharynx and larynx, Transoral robotic surgery (TORS) is now being widely adopted.

ENT Surgical Devices And Equipment Market Segmentation By The Business Research Company

1) By Modality: Hand-held devices, Portable devices, Fixed devices

2) By End User: Hospitals, Ambulatory surgical centers, ENT Clinics

3) By Product: Hand Instrument, ENT Surgical Lasers, Powered ENT Surgical Systems, Radiofrequency Electrosurgical Devices, ENT Surgery Workstations, ENT Surgical Navigation System, ENT Visualization System, Surgical Microscopes

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