Tier 1 Players Account for Over 58% Share of ENT Surgical Devices Market

Posted on 2019-04-01 by Mark Hub in Healthcare, Industrial // 0 Comments

Rockville, USA, 2019-Apr-01 — /EPR Network/ — Fact.MR valuation finds that the ENT surgical devices market hit US$ 2,345 million in 2018 and the growth trend will continue in 2019. Hospitals continued to capture greater market share of the ENT surgical devices market in 2018. Improved hospital infrastructure with well-equipped ENT instruments can be attributed to over half the global share of hospitals in the ENT surgical devices market.

Major investments in the ENT surgical devices market are in clinical research studies that are aimed at receiving authorization. The ENT surgical devices marketplace has witnessed a number of FDA clearance in past few years.

ENT Surgical Devices Market is expected to surpass US$ 2,500 million in 2019, according to a new study by Fact.MR. The ENT surgical devices market witnessed a steady progress and grew at 6.6% y-o-y in 2018. Overall growth of the ENT surgical devices market can be attributed to,

Technological advancements enhancing ENT procedure efficiency and outcome
Reimbursement policies in favor of ENT surgeries
Product developments accommodating demand trend such as minimal invasion

The medical technology industry has shifted from a traditional marketing model to a care delivery model. Following the new business approach, Tier 1 and Tier 2 players portray hegemony in the market and continue to introduce disruptive technology innovations in ENT surgical devices.

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A Race for Reinvention Leads to M&As in Medical Devices Market – Key Strategies of Sustenance

In a bid to stay ahead of end-user demand, manufacturers in the medical devices market are engaged in developing smart devices. As technology integration and data harnessing plays a key role in this development, the medical devices technology marketplace has witnessed a significant number of M&A activities. A similar trend has been observed in the ENT surgical devices marketplace.

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ENT Surgical Devices Market – Competitive Landscape

The ENT surgical devices market report covers information on the competitive landscape that delivers the competition scenario and future opportunities in the ENT surgical devices marketplace. Readers can find a dashboard view of key players and a company profile section which provides information regarding product offerings, new introductions, market presence, global footprint and notable developments of key players in the ENT surgical devices market.

ENT Surgical Devices Market – About the Report

Fact.MR has compiled a study on the ENT surgical devices market and published a report titled, “ENT Surgical Devices Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2028.” The report delivers actionable insights and future performance of the ENT surgical devices market. The analysis is backed by a thorough assessment of drivers, restraints, trends and opportunities that hold a significant impact on the growth of the ENT surgical devices market during the forecast period.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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