ENT Diagnostic Devices Market: Influential Factors Determining the Trajectory of the Market

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.

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• 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.
• In January 2017, Natus Medical Incorporated announced the completion of the acquisition of GN Otometrics, a leading provider of hearing and balance diagnostic tools. The acquisition is aimed at combining the product portfolio of Natus and Otometrics and further increase the growth potential.

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• 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.

  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.

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The ENT diagnostic devices market is also 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. Increasing revenues of these companies are challenging the hegemony of leading players in the ENT diagnostic devices market.