Germany Ent Devices Market Size & Outlook, 2023-2030
Germany ent devices market, 2018-2030 (US$M)
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Germany ent devices market highlights
- The Germany ent devices market generated a revenue of USD 2,111.0 million in 2023 and is expected to reach USD 3,158.1 million by 2030.
- The Germany market is expected to grow at a CAGR of 5.9% 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.
Ent devices market data book summary
| Market revenue in 2023 | USD 2,111.0 million |
| Market revenue in 2030 | USD 3,158.1 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Diagnostic ent devices |
| Fastest growing segment | Diagnostic ENT Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Germany accounted for 8.1% of the global ent devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany ent devices market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 3,158.1 million by 2030.
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ENT Devices Market Scope
ENT Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 76.64% in 2023. Horizon Databook has segmented the Germany 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.
Germany is one of the countries with fastest growth rate of aging population. As per WHO, in Germany, nearly 21% of the population was aged 65 years and above in 2014. As per the OECD data, approximately 33% of population in Germany will be above 65 years of age and nearly 15% of population is expected to be above 80 years of age by 2050.
Also, according to statistics of the German Deaf Association (DSB), 56.5% of the population suffers from slight, 35.2% from moderate, and 7.2% from extreme hearing loss. Around 1.6% of the population in Germany is affected by hearing impairment leading to deafness.
From the same source, while only 1% of individuals aged 14–19 have impaired hearing, people 50–59 years of age account to 25%, people in 60 to 69 age group account for 37%, and the 70+ age group makes up 54%. To address these factors, elderly people need ENT devices to treat hearing loss and ENT-related disorders, which increase the demand for ENT devices further.
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Our clientele includes a mix of ent devices market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany ent devices market , including forecasts for subscribers. This country databook contains high-level insights into Germany ent devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany ent devices market size, by product, 2018-2030 (US$M)
Germany ENT Devices Market Outlook Share, 2023 & 2030 (US$M)
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