Market revenue in 2023 | USD 347.8 million |
Market revenue in 2030 | USD 499.1 million |
Growth rate | 5.3% (CAGR from 2023 to 2030) |
Largest segment | Outpatient facilities |
Fastest growing segment | OUTPATIENT FACILITIES |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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 |
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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 88.01% in 2023. Horizon Databook has segmented the North America cerumen removal market based on hospitals, outpatient facilities covering the revenue growth of each sub-segment from 2018 to 2030.
Cerumen impaction, if untreated, may lead to hearing loss, tinnitus, dizziness, etc. As per the data published by National Institute on Deafness and Other Communication Disorders in 2021, approximately 15% of American adults report some trouble in hearing and roughly 10% of the U.S. adult population experienced tinnitus lasting at least five minutes in the past years.
Rising awareness about the removal of impacted cerumen is driving the market. According to a study published in SAGE journal in 2017, annually, around 12 million Americans visit medical professionals for earwax removal and 3.6% of emergency visits caused by ear issues were due to impacted cerumen.
Moreover, according to Euromonitor International, North Americans spend around USD 63 million on home ear-cleaning products, from drops to irrigation kit. Moreover, the healthcare infrastructure in the region is well-established and adoption of various technologies to improve cerumen removal process is rapidly growing owing to increase in the demand for noninvasive procedures.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America cerumen removal market , including forecasts for subscribers. This continent databook contains high-level insights into North America cerumen removal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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