Medical Devices Market Share

According to the latest market report published by Credence Research, Inc. “ ENT Devices Market  – Growth, Future Prospects, and Competitive Analysis, 2015 – 2025” the global ENT devices market was valued at US$ 10.97 Bn in 2016, and is expected to reach US$ 18.87 Bn by 2025, expanding at a CAGR of 6.1% from 2017 to 2025. Market Insights ENT device market will grow significantly during the forecast period due to growing number of geriatric population, favorable reimbursement scenario for ENT procedures in developed countries and increasing adoption of minimally invasive ENT procedures. For the purpose of the study ENT devices market is segmented on the basis of product type such as diagnostic devices, surgical ENT devices, hearing aid devices, hearing implants, nasal splints and voice prosthesis devices. It is studied that, currently hearing aid devices is major revenue contributor due to increase in the prevalence of hearing disability, hearing loss and technological advance