(PharmaNewsWire.Com, February 21, 2024 ) As per Maximize Market research, the US ENT Device Market was USD 9.9 Billion in 2023 and is expected to grow at a CAGR of 4.64 percent over the forecast period to reach USD 13.6 Billion by 2030.
US ENT Device Market Report Scope and Research Methodology
The scope encompasses market drivers, challenges, and opportunities, providing valuable insights for stakeholders. The US ENT Device Market Report investigates the current landscape, trends, and future projections for Ear, Nose, and Throat (ENT) devices. Utilizing a comprehensive research methodology, the report incorporates primary data through interviews and surveys, coupled with secondary data from credible sources.
The demand for home-based ENT monitoring and treatment devices is increasing and has composed to impact the market. The consumer base is widely attracted to the cost-effectiveness of the devices compared to hospital care as well as technological advancements, accuracy, user-friendliness, etc. are increasing trust and acceptance.
US ENT Device Market Segment Analysis
Based on Product Type, the Diagnostic Devices segment dominated the market with 35% of the market share in the year 2023. The segment is further expected to grow at a CAGR of 1.6% during the forecast period. The adoption of smart devices is growing and rapid technological advancement is increasing the demand of the market.
Germany ENT Devices Market- The market is expected to reach USD 1132 Mn. by 2030 at a CAGR of 4.1 percent.
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