Europe Ent Devices Market Size & Outlook, 2023-2030
Europe ent devices market, 2018-2030 (US$M)
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Europe ent devices market highlights
- The Europe ent devices market generated a revenue of USD 9,055.2 million in 2023.
- The market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
- In terms of segment, diagnostic ent devices was the largest revenue generating product in 2023.
- Diagnostic ENT Devices is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 9,055.2 million |
| Market revenue in 2030 | USD 12,878.4 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Diagnostic ent devices |
| Fastest growing segment | Diagnostic ENT Devices |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diagnostic ENT Devices, Surgical ENT Devices, Hearing Aids, Hearing Implants, Nasal Splints |
| Key market players worldwide | Ambu A/S ADR, Cochlear Ltd, Demant A/S, GN Store Nord A/S, Olympus Corp, RION Co Ltd, Smith & Nephew PLC, Sonova Holding AG, Stryker Corp, Karl Storz, Pentax Medical, Richard Wolf, Starkey, Omnicom Group Inc, NICO, Nemera |
Other key industry trends
- In terms of revenue, Europe region accounted for 34.9% of the global ent devices market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 9,266.3 million by 2030.
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ENT Devices Market Scope
ENT Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe ent devices 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 ent devices market will help companies and investors design strategic landscapes.
Diagnostic ent devices was the largest segment with a revenue share of 72.52% in 2023. Horizon Databook has segmented the Europe ent devices market based on diagnostic ent devices, surgical ent devices, hearing aids, hearing implants, nasal splints covering the revenue growth of each sub-segment from 2018 to 2030.
The European ENT devices market is likely to witness high growth due to local presence of major market players, technological developments in ENT devices, and growing business activities such as new product launches, mergers, and acquisitions.
For instance, in March 2019, Olympus Corporation announced the launch of PowerSpiral, an endoscope with motorized rotation system in Europe and parts of Asia. In March 2019, Sivantos Pte. Ltd. and Widex A/S announced the successful completion of the business collaboration between them to form WS Audiology, a new company.
The merger between the two leading hearing aid companies forming WS Audiology Group has led to a creation of a strong player. The Group aims at accelerating growth using the unique portfolio of differentiated product brands to strengthen its market penetration, simultaneously enhancing efficiencies to enable additional investments into R&D and supply chain.
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Our clientele includes a mix of ent devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe ent devices market , including forecasts for subscribers. This continent databook contains high-level insights into Europe ent devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe ent devices market size, by country, 2018-2030 (US$M)
Europe ENT Devices Market Outlook Share, 2023 & 2030 (US$M)
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