TechNavio today launched its report Global ENT Devices Market 2012-2016 based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers™ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio™s Healthcare team said: The Global ENT Devices market has been experiencing significant growth in the Rechargeable Hearing Aid Devices segment recently. For instance, Hansaton Acoustics Inc. introduced the AQ Custom Rechargeable ITE in 2010 and the AQ X-Mini Rechargeable Receiver-in-the-Canal (RIC) device in July 2011. Sales of rechargeable consumer hearing aid devices possess many advantages compared to the conventional hearing aid devices with primary cells. Rechargeable hearing aid devices are smaller in size, allowing manufacturers to build very small, cosmetically appealing, hearing instruments. Moreover, these rechargeable hearing aid devices are environmentally friendly and easy to use. Further, the quality and the battery life of these devices is estimated to be better compared to the primary cells.
According to the report, most of the leading ENT devices manufacturers are customizing and developing their product lines to appeal more to consumers and stay ahead of the competition. Several ENT devices vendors are addressing the needs of older citizens by developing products that increase the quality of digital hearing aid devices, nasal splints, and voice prosthesis. Moreover, many patients who suffer from both hearing loss and tinnitus might benefit from products such as the Advanced HiRes 90K Implant. Furthermore, manufacturers are developing cosmetically appealing ENT devices to target the younger population. This increase in product customization is expected to drive the growth of the Global ENT Devices market during the forecasted period.
Further, the report discusses the problems in voice prosthesis and hearing aid device batteries as a challenge hindering the growth of this market.
The report also includes a discussion of the key vendors operating in this market. The key vendors dominating this market space are Cochlear Ltd., Siemens Healthcare, Sonova Holding AG, Starkey Laboratories Inc., Widex A/S, and William Demant Holding A/S. The other vendors mentioned in the report are GN ReSound A/S, Unitron Hearing Inc., Sonic Innovations Inc., Panasonic Corp., Rexton Inc., Beltone, Miracle-Ear Inc., MED-EL GmbH, Neurelec SA, Nuear Hearing Aids Inc., Bernafon, American Hearing Systems Inc., Audiosync Inc., Zounds Inc., and Avada Hearing Care.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-ent-devices-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Healthcare market research, please visit https://www.technavio.com/healthcare
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TechNavio Announces the Publication of its Research report – Global ENT Devices Market 2012-2016
