ENT Workstation Market to register a healthy CAGR for the forecast period, 2018-2028

Posted on 2019-06-26 by Mark Hub in Healthcare // 0 Comments

The diagnosis and treatment of diseases occurring in upper air passages and ENT organs require thorough attention. The growing need for the usage of qualitative modern equipment to perform ENT procedures as well as the need for improved accessibility of doctor’s instruments to inspect a large patient pool plays a fundamental role in driving the demand for ENT workstations in the market. The usage of ENT workstations in ENT clinics and hospitals helps reduce labour intensity, thereby increasing the work efficiency of the physician. To upgrade the workstation of an otolaryngologist or an ENT specialist, specialised ENT workstations are being installed by major companies in several clinics. The work of an ENT specialist can be optimised by installing ENT workstations as they offer a wide range of functions to make the environment safe and technically upgraded for patients as well as doctors.

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The upgraded multiple-functionality ENT workstation, available through direct sales and equipment manufacturers, is mostly preferred by medical professionals over single ENT workstations with single functionality. The new ENT workstations design consists of various new features to provide support to multiple users if required. Features, such as integral ENT diagnosis & treatment equipment, higher defined endoscopic display, impressively clean view box, UV steriliser, PC installed and a much clearer microscopic display, are some of the high-end qualities that drive the demand for these ENT Workstation Market to in Hospitals and multispecialty clinics.

ENT workstations, such as the fixed ENT workstation and portable ENT workstation, are commercially available in distinct modalities. A wide range of portable ENT workstations are highly in demand, particularly for ENT clinics due to their easy handling. The standard ENT workstation is made using high-quality, electrolytically galvanised sheet steel and is a mobile ENT unit with a stainless steel base. The upgraded workstation is equipped with an electronic operating and display system along with a user-friendly glass display. With the growing incidence of ear, nasal and throat infections, there is an urgent need to boost the number of ENT clinics and hospitals where ENT treatments can be offered. The major potential end-users of the ENT workstation market, where they are highly in demand and generate significant revenues, include hospitals, ENT clinics and others.

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The growing demand for ENT workstations indicated for ENT procedure, which are capable of offering a protective environment to the patient and easy accessibility of tools to the doctor, is expected to be a major factor driving the ENT workstation market over the forecast period. Moreover, the advantages offered by upgraded ENT workstations, such as the ready availability of cleaned and sterilised items required for ENT treatment, is expected to drive the revenue of the global ENT workstation market. In addition, the installation of medical diagnostic imaging instruments on the workstation includes personal computers, a slim x-ray view box, endoscopic display and a patient LCD monitor, and this is expected to generate high demand for ENT workstations. Growth in the global geriatric population, which leads to the increased prevalence of age-related disorders, mostly hearing loss & degraded functioning level of ENT, coupled with the presence of a well-established healthcare infrastructure in the developed regions, is estimated to boost the demand for ENT workstations from end-use facilities, thereby generating stiff competition among domestic players to meet the demand for ENT workstations from hospitals and ENT clinics.

ENT Workstation Market: Overview

The global ENT workstation market is expected to register a significant growth rate over the forecast period due to the introduction of technologically upgraded ENT workstations that are capable of performing multiple functions. Significant investments to introduce innovative products in the ENT workstation market to capitalise on the opportunities in the untapped markets is also expected to drive the revenue generation of the ENT workstation market. Different types of ENT workstations are being introduced in the ENT workstation market by leading players such as ATMOS MedizinTechnik GmbH & Co. KG, dantschke Medizintechnik GmbH & Co. KG and Entermed. Owing to the high competition among local and regional players of the ENT workstation market, the companies are adopting pricing strategies to attain a strong foothold. Among the product type, the portable ENT segment is expected to lead the global ENT workstation market over the forecast period. Specialty clinics, followed by hospitals, are expected to contribute a high revenue share to the global ENT workstation market on the account of the high demand for ENT workstations generated from ENT specialist clinics.

ENT Workstation Market: Regional Outlook

Geographically, the global ENT workstation market is segmented into North America, Latin America, Europe, Asia-Pacific excluding Japan (APEJ), Japan and the Middle East and Africa (MEA). North America is projected to hold the largest share of the global ENT workstation market primarily due to the presence of a large number of specialty clinics and advanced healthcare infrastructure. However, Asia-Pacific is expected to register the fastest growth in revenue generation for the ENT workstation market on the account of the high presence of local manufacturers in countries such as Japan, China and India. However, Latin America, owing to the presence of a less stringent regulatory framework and upgraded medical infrastructure, is expected to experience high demand for ENT workstations during the forecast period.

ENT Workstation Market: Key Players

The global ENT workstation market is highly fragmented owing to the strong footprints of domestic manufacturers. Some of the key players operating in the global ENT workstation market are ATMOS MedizinTechnik GmbH & Co. KG, dantschke Medizintechnik GmbH & Co. KG, Entermed, MEDSTAR Co., Ltd., Foshan Gladent Medical, Global Surgical Corporation, MS Westfalia and G. Heinemann Medizintechnik GmbH.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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