The Business
Research Company’s latest report ENT Devices Global Market Report 2020 covers
ENT Devices market drivers, ENT Devices market trends, ENT Devices market
segments, ENT Devices market growth rate, ENT Devices market major players, and
ENT Devices market size. The report provides in-depth analysis of the impact of
COVID-19 on the ENT Devices industry, along with revised market numbers due to
the effects of the coronavirus.
View Complete Report:
ENT Devices
Global Market Report 2020 is the most comprehensive report available on this
market and will help gain a truly global perspective as it covers 60
geographies. The chapter on the impact of COVID-19 gives valuable insights on
supply chain disruptions, logistical challenges, and other economic
implications of the virus on the market. The chapter also covers markets which
have been positively affected by the pandemic.
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The global Ent devices market is expected
to decline from $15.3 billion in 2019 to $12.4 billion in 2020 at a compound
annual growth rate (CAGR) of -19%. The decline is mainly because of worldwide
supply and demand mismatches of resources due to the COVID-19 outbreak. There
is an inadequate production of hearing implants, hearing aid, hearing
diagnostic, voice prosthesis, and other ENT-related devices due to the
restrictions imposed by governments of various countries to shutdown factories
or function with minimal staffing to contain the spread of virus and keep the
staff safe. The market is then expected to recover and grow at a CAGR of 6%
from 2021 and reach $19.3 billion in 2023.
The report covers the ENT Devices
market’s segments-
1) By Type: Hearing Aid Devices And
Equipment, Hearing Diagnostic Devices And Equipment, Ent Surgical Devices And
Equipment, Hearing Implants, Voice Prosthesis Devices And Equipment, Nasal
Splints.
2) By End User: Hospitals And Clinics,
Diagnostic Laboratories, Others.
3) By Type Of Expenditure: Public, Private.
4) By Product: Instruments/Equipment,
Disposables.
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