India Cerumen Removal Market Size & Outlook, 2023-2030
India cerumen removal market, 2018-2030 (US$M)
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India cerumen removal market highlights
- The India cerumen removal market generated a revenue of USD 293.4 million in 2023 and is expected to reach USD 486.4 million by 2030.
- The India market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
- In terms of segment, outpatient facilities was the largest revenue generating end use in 2023.
- OUTPATIENT FACILITIES is the most lucrative end use segment registering the fastest growth during the forecast period.
Cerumen removal market data book summary
| Market revenue in 2023 | USD 293.4 million |
| Market revenue in 2030 | USD 486.4 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Outpatient facilities |
| Fastest growing segment | OUTPATIENT FACILITIES |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | HOSPITALS, OUTPATIENT FACILITIES |
| Key market players worldwide | Medline Industries, Henry Schein Inc, McKesson Corp, Cardinal Health Inc, Owens & Minor Inc, Cipla Ltd DR, GlaxoSmithKline, Open Text Corp, Eosera, Target |
Other key industry trends
- In terms of revenue, India accounted for 12.7% of the global cerumen removal market in 2023.
- Country-wise, India is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India cerumen removal market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 98.0 million by 2030.
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Cerumen Removal Market Scope
Cerumen Removal Market Companies
| Name | Profile | # Employees | HQ | Website |
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India cerumen removal market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cerumen removal market will help companies and investors design strategic landscapes.
Outpatient facilities was the largest segment with a revenue share of 88% in 2023. Horizon Databook has segmented the India cerumen removal market based on hospitals, outpatient facilities covering the revenue growth of each sub-segment from 2018 to 2030.
India is witnessing growth in cerumen removal market owing to increasing awareness about cerumen impaction and rising number of people with auditory loss. According to WHO data 2018, around 63 million people suffered from hearing impairment in the country.
In addition, a major cause of hearing loss and other ear diseases in children is ear wax accumulation. This causes reversible hearing loss and middle-ear infections, such as CSOM. The rising prevalence has raised concerns and awareness about cerumen impaction, which has resulted in adoption of cerumen removal tools, thereby impelling market growth.
In addition, availability of various cerumen removal tools on online websites, such as Amazon.com, Inc., and increasing trend of online purchasing are further driving market growth. Moreover, patients prefer various OTC products for ear wax removal, which further drive growth.
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Our clientele includes a mix of cerumen removal market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India cerumen removal market , including forecasts for subscribers. This country databook contains high-level insights into India cerumen removal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India cerumen removal market size, by end use, 2018-2030 (US$M)
India Cerumen Removal Market Outlook Share, 2023 & 2030 (US$M)
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