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ENT Devices Market size was valued at over USD 19.5 billion in 2022. Driven by the surging geriatric population globally, the industry is anticipated to grow at over 6% CAGR from 2023 to 2032.
The elderly population is highly susceptible to ear, neck, and throat disorders due to functional and anatomic changes to their bodies, which creates a strong need for hospital visits and effective diagnosis within this demographic. As per the American Academy of Audiology, 1 in every 3 people above 60 years and 1 in every 2 people above 85 years have hearing loss. Rising prevalence of these disorders has bolstered the need for ENT devices for the examination of ear, neck, and throat conditions.
Report Attribute | Details |
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Base Year: | 2022 |
ENT Devices Market Size in 2022: | USD 19.5 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 6.3% |
2032 Value Projection: | USD 36 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 330 |
Tables, Charts & Figures: | 665 |
Segments covered: | Product Type, End-use, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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