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

The Business Research Company’s ENT surgical devices and equipment market report forecasts the ENT surgical devices and equipment market size to grow to $9.11 Billion by 2027, with a CAGR (compound annual growth rate) of more than 7%.

Learn More On The ENT Surgical Devices And Equipment Market Report 2023 – https://www.thebusinessresearchcompany.com/report/ent-surgical-devices-and-equipment-global-market-report

ENT Surgical Devices And Equipment Market Size Forecast

The global ENT surgical devices and equipment market is expected to grow from $6.25 billion in 2022 to $6.81 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The ENT surgical devices and equipment market size is expected to grow to $9.11 billion in 2027 at a CAGR of 7.5%.

Asia-Pacific held the largest ENT surgical devices and equipment market share.

Key ENT Surgical Devices And Equipment Market Driver ­– Increase In Demand And Adoption Of Minimally Invasive ENT Surgeries

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.

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Key ENT Surgical Devices And Equipment Market Trend – Involving Minimally Invasive ENT Tools

ENT procedures involving minimally invasive ENT tools are an alternative to major surgeries. 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 Segment

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

ENT Surgical Devices And Equipment Market Major Players and Strategies

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.

In 2020, Intersect ENT, a USA-based ear, nose, and throat condition treatment developer, announced to acquire Fiagon for USD 71.1 million. The acquisition was aimed to help Intersect ENT to expand its product portfolio and to extend its geographical reach. Fiagon develops surgical navigation systems that support both routine and complex ENT procedures and is based in Germany.

The ENT Surgical Devices And Equipment Global Market Report 2023 covers regional data on ENT surgical devices and equipment market size, ENT surgical devices and equipment market trends and drivers, opportunities, strategies, and ENT surgical devices and equipment market competitor analysis. 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, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

ENT surgical devices and equipment are used in ENT surgeries by surgeons and ENT specialists.

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