Global ENT Disorder Treatment Market to Surpass US$

Seattle, July 18, 2022 (GLOBE NEWSWIRE) — According to Coherent Market Insights, the global ENT disorder treatment market is estimated to be valued at US$ 11,219.19 million in 2022 and is expected to exhibit a CAGR of 3.3% during the forecast period (2022-2030).

Key Trends and Analysis of the Global ENT Disorder Treatment Market:

Key players are focusing on developing and updating their products with new technologies to treat various types of infection related to ear, nose, and throat. Market players are conducting clinical trials and a large number of treatment drugs and devices are in pipeline for approvals. For instance, in February 2018, Tusker Medical, a medical platform focused on delivering innovative technology to ear, nose, and throat surgeons and their patients announced their first patient enrollment for pivotal clinical trial for tympanostomy tube replacement that is performed for recurrent ear infections or persistent fluid in the middle ear.

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Key Market Takeaways:

The global ENT disorder treatment market is expected to exhibit a CAGR of 3.3% during the forecast period due to the increasing approval of new drugs. For instance, in March 2022, molnupiravir (Lagevrio), an oral antiviral medicine, was listed on the General Schedule (S85) as Authority Required (Streamlined) for specific patient groups with mild-to-moderate COVID-19 at high risk of severe disease. It is the first treatment listed on the Pharmaceutical Benefits Scheme (PBS) for COVID-19.

Among end users, hospital segment holds a dominant position in the global ENT disorder treatment market, as most of the surgical, non-surgical as well as consultation procedures are conducted at hospitals. For instance, in July 2018, according to National Center for Biotechnology information, the American Academy of Otolaryngology- a tonsillectomy is a surgical procedure performed with or without adenoidectomy that completely removes the tonsil, including its capsule, by dissecting the peritonsillar space between the tonsil capsule and the muscular wall. In the U. S., tonsillectomy is one of the most commonly performed surgical procedures. Over 500,000 cases are performed annually in children less than 15 years of age in the U.S.

Competitive Landscape:

Key players operating in the global ENT disorder treatment market include Sanofi, AstraZeneca plc, Novartis AG, Pfizer Inc., Mylan N.V., Teva Pharmaceutical Industries Ltd., GlaxoSmithKline Pharmaceuticals, Otonomy Inc., Merck & Co., Dr. Reddys Laboratories Ltd., Allergan plc, Cochlear Ltd., Sonova Holding AG, Siemens Healthcare, Starkey Laboratories Inc., William Demant Holding A/S, Widex A/S, GN ReSound A/S, Sonic Innovations Inc., Panasonic Corp., Beltone, Rexton Inc., Avada Hearing Care, Miracle-Ear Inc., MED-EL GmbH, Nuear Hearing Aids Inc., Audiosync Inc., Bernafon, American Hearing Systems Inc., Unitron Hearing Inc., and Zounds Inc.

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Market Segmentation:

  • Global ENT Disorder Treatment Market, By Treatment Type:
    • By Devices
      • Hearing Aid Devices
      • Voice Prostheses
      • Nasal Splints
      • Hearing Implants
      • Others
    • By Drugs
      • Antibiotics
      • Antihistamines
      • Steroids
      • Anti-inflammatory Drugs
      • Others
  • Global ENT Disorder Treatment Market, By Organ Type:
  • Global ENT Disorder Treatment Market, By End User:
    • Hospital
    • Clinics
    • Ambulatory Surgical Centers
    • Home Care Settings
    • Others
  • Global ENT Disorder Treatment Market, By Region:
    • North America
    • Latin America
      • By Country
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • By Country
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Country
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Middle East
      • By Country
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By Region/Country
        • South Africa
        • Central Africa
        • North Africa

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About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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