Market revenue in 2023 | USD 302.2 million |
Market revenue in 2030 | USD 431.4 million |
Growth rate | 5.2% (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 |
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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 88.02% in 2023. Horizon Databook has segmented the U.S. cerumen removal market based on hospitals, outpatient facilities covering the revenue growth of each sub-segment from 2018 to 2030.
Growing prevalence of cerumen impaction in the country is a major factor contributing to market growth. The elderly population is at high risk of cerumen impaction. Thus, growing geriatric population in the region is anticipated to boost the market over the forecast period.
Increasing number of patients suffering from cerumen impaction is expected to boost adoption of cerumen removal procedure. According to a study published on cerumen impaction removal in National library of Medicine in 2021, every year, around 12 million patients visit ENTs and around 8 million cerumen removal procedures are performed in the U.S.
Moreover, increasing number of otolaryngologists in the country is contributing to market growth. According to American Medical Association, in 2019, there were 9,777 active otolaryngologists in the U.S. Furthermore, the audiologist’s extended scope of practice began to include cerumen management, thereby creating opportunity for the market in the U.S.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. cerumen removal market , including forecasts for subscribers. This country databook contains high-level insights into U.S. cerumen removal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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