Demand for ENT Diagnostic Devices Market to Reach New Heights as Manufacturers Increase Focus on Technological Innovations

Fact.MR has compiled a new study of ENT diagnostic devices market and published a report titled, “ENT Diagnostic Devices Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2028.” The report covers all the vital market facets that hold a prominent influence on the growth of the ENT diagnostic devices market. The ENT diagnostic devices market is witnessing the emergence of local start-ups who are introducing low-priced devices. Owing to the successful penetration of these devices, the start-ups and small players have increased manufacturing capacities as well as regional market presence.

ENT Diagnostic Devices Market is estimated to hit US$ 2.3 billion in 2019, according to a new study by Fact.MR. The market grew at 6.3% y-o-y in 2018 with bronchoscopes accounting for nearly one third of the global revenues. Overall growth of the ENT diagnostic devices market can be attributed to,

  • Advanced technology incorporations in ENT diagnostic devices
  • Favorable reimbursement policies for ENT procedures
  • Development of efficient and low-priced devices

According to Fact.MR study, the ENT endoscopes are estimated to account for over half the revenues of the ENT diagnostic devices market in 2019. Endoscopy has played a significant role in the diagnosis of ear, nose and throat related diseases as well as successful treatment outcomes. Owing to this, ENT endoscopes have become the most common devices in the ENT clinics.

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Top 5 Players Hold 56% of ENT Diagnostic Devices Market Revenues

The ENT diagnostic devices market remains moderately consolidated among top 5 players who hold over half the market share. Top 5 players in the ENT diagnostic devices market are Medtronic Plc, Fujifilm Corporation, Smith and Nephew Plc., Stryker Corporation and Natus Medical Incorporated. Mergers and acquisitions are the prominent growth strategies adopted by these players. In addition, R&D collaborations are also prominent to lower the prices of ENT diagnostic devices.

Table of Content

1. Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. FACT.MR Analysis and Recommendations
1.4. Wheel of Fortune

2. Market Introduction
2.1. Market Introduction
2.2. Market Definition
2.3. Market Taxonomy

3. ENT Diagnostic Devices Market Overview
3.1. ENT Diagnostic Devices Market Value Chain Analysis
3.2. Installed Base of Devices, By Key Regions
3.3. ENT Diagnostic Devices Market Pricing Analysis
3.4. ENT Diagnostic Devices Market Pricing Assumptions
3.5. Endoscope Reprocessing Cost Analysis
3.6. Diseases Prevalence and Treatment Rate
3.7. Unmet Needs

To be Continue…….. 

ENT Diagnostic Devices: Market Structure

The ENT diagnostic devices market report delivers an in-depth analysis on the ENT diagnostic devices market structure. The ENT diagnostic devices market is segmented on the basis of product, modality and end user.

Based on product, the ENT diagnostic devices market is segmented into ENT endoscopes, electromagnetic navigation bronchoscopy systems and hearing screening devices. In ENT endoscope segment, the ENT diagnostic devices market is studied for laryngoscopes, sinuscopes, otoscopes, fiberscopes and bronchoscopes.

Based on modality, the ENT diagnostic devices market is studied for hand-held devices, portable devices and fixed devices. End user segment of the ENT diagnostic devices market includes hospitals, ambulatory surgical centers and ENT clinics.  

Competitive Landscape: Notable Highlights

  • In September 2018, Broncus Medical Inc. announced that company’s Archimedes™ Virtual Bronchoscopy Navigation System was studied to deliver enhanced access to solitary pulmonary nodules as per the data revealed by the European Respiratory Society (ERS) International Congress. The Archimedes system is first of its kind real-time virtual bronchoscopy navigation system with embedded intra-procedure fused-fluoroscopic guidance feature.
  • In April 2018, PENTAX Medical, an industry leader in diagnostic and therapeutic endoscopy systems launched a new HD endoscope system for ENT procedures in the U.S. The new DEFINA is a video processor and the J10 Series a combination of three endoscopes – Naso-Pharyngo-Laryngoscopes.
  • In February 2018, Stryker Corporation, a leader in the ENT diagnostic devices market announced the completion of the acquisition of Entellus Medical, a leading medical technology provider.
  • In January 2018, Cupris Health, a British start-up introduced TYM smartphone otoscope, which is a clinical-grade otoscope that can be plugged to a smartphone for taking high-resolution images and video of external ear canal and eardrum.

Fact.MR report delivers information on notable developments of all the key players in the ENT diagnostic devices market. Profiled players in the ENT diagnostic devices market includes Karl Storz GmbH & Co KG, BioMed Jena GmbH, MAICO Diagnostics GmbH, PATH medical GmbH, Fujifilm Corporation, Smith and Nephew PLC., Hedera Biomedics S.r.l., iHEARmedical, Inc., Hill-Rom., Veran Medical Technologies and Ambu A/S among others.

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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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