NEW YORK, Feb. 26, 2024 /PRNewswire/ — The ENT laser devices market size is estimated to grow by USD 119.6 million from 2022 to 2027 at a CAGR of 6.64% according to Technavio. The rising demand for minimally invasive ENT surgeries is a key factor driving market growth. The head and neck regions are ideal for minimally invasive surgical procedures. Due to the variety of benefits offered by these procedures, including fewer tissue injuries, faster healing, and minimal scarification, they are increasingly preferred. Request a sample report
Report Coverage |
Details |
Page number |
163 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.64% |
Market growth 2023-2027 |
USD 119.6 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
6.1 |
Regional analysis |
North America, Europe, Asia, and the Rest of the World (ROW) |
Performing market contribution |
North America at 40% |
Key countries |
US, Canada, UK, Germany, and China |
ENT Laser Devices Market Insights –
- Companies: 15+, Including Anthony Products Inc., ARC Laser GmbH, Asclepion Laser Technologies GmbH, biolitec AG, Boston Scientific Corp., Danaher Corp., El.En. S.p.A., Fotona d.o.o, Gebruder Martin GmbH and Co. KG, GNS neoLaser Ltd., IRIDEX Corp., LightScalpel Inc., Limmer Laser GmbH, Modulight Inc., Olympus Corp., OmniGuide Holdings Inc., Shanghai Fosun Pharmaceutical Group Co. Ltd., Smith and Nephew plc, Wuhan Dimed Laser Technology Co. Ltd., and Wuhan Gigaa Optronics Technology Co. Ltd. among others
- Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
- Segments: Product (Gas lasers, Solid, and semiconductor-based lasers), Application (Sinusitis, Tonsillitis, Throat and mouth cancer, and Others), and Geography (North America, Europe, Asia, and Rest of World (ROW)). To understand more about the information services market, request a sample report
Company Insights
The growing competition in the market is compelling companies to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market’s competitive landscape and offers information on several market players including -Anthony Products Inc., ARC Laser GmbH, Asclepion Laser Technologies GmbH, biolitec AG, Boston Scientific Corp., Danaher Corp., El.En. S.p.A., Fotona d.o.o, Gebruder Martin GmbH and Co. KG, GNS neoLaser Ltd., IRIDEX Corp., LightScalpel Inc., Limmer Laser GmbH, Modulight Inc., Olympus Corp., OmniGuide Holdings Inc., Shanghai Fosun Pharmaceutical Group Co. Ltd., Smith and Nephew plc, Wuhan Dimed Laser Technology Co. Ltd., and Wuhan Gigaa Optronics Technology Co. Ltd. request a sample report
- Social stigma and lack of awareness of hearing aids is a challenge that affects market growth. Drivers and challenges have an impact on market dynamics and can impact businesses. Find some insights from a sample report!
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Analyst Review
In the industry of medical technology, laser devices have emerged as indispensable tools for diagnosis and treatment in various specialties, including otolaryngology. These precision tools offer insights into conditions such as vocal cord lesions, chronic rhinosinusitis, and trauma, enhancing professionals’ ability to provide efficient care. Within the medical and healthcare sectors, the use of laser devices contributes to shorter recovery times post-surgical procedures, particularly in otolaryngology. Trends indicate a growing reliance on precision instruments for improved outcomes. The ENT laser devices market reflects this demand for precision and efficiency, catering to the evolving needs of medical professionals and patients alike. sample report!
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ToC:
1 Executive Summary
2 Landscape
3 Sizing
4 Historic Size
5 Five Forces Analysis
6 Segmentations
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio