North America Ent Devices Market Size & Outlook, 2023-2030
North America ent devices market, 2018-2030 (US$M)
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North America ent devices market highlights
- The North America ent devices market generated a revenue of USD 9,122.1 million in 2023.
- The market is expected to grow at a CAGR of 4.9% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 9,122.1 million |
| Market revenue in 2030 | USD 12,740.8 million |
| Growth rate | 4.9% (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, North America region accounted for 35.2% 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 |
|---|
North America 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 67.27% in 2023. Horizon Databook has segmented the North America 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.
North America dominated the ENT devices market in 2019 and is expected to maintain its market position during the forecast period. Major factors contributing to growth of this region are growing geriatric population and increasing prevalence of hearing loss.
Furthermore, approval and launch of advanced, next-generation hearing devices in the U.S. & Canada and high adoption of hearing aids are likely to boost the market growth. Some of the companies operating in the North American region are Ambu A/S; Demant A/S; Soovo Holdings; Karl Storz; Richard Wolf GMBH; WD Audiology; Sivantos, Inc; Olympus Corporation; Starkey Laboratories Inc., Inc.; Cochlear Limited; and Welch Allyn.
Adoption of next-generation ENT devices in hospitals and increase in demand for minimally invasive surgeries are factors boosting growth of ENT market in the U.S. Furthermore, increase in prevalence of sinusitis and technological advances are expected to boost market growth over the coming years in the U.S.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America ent devices market , including forecasts for subscribers. This continent databook contains high-level insights into North America ent devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America ent devices market size, by country, 2018-2030 (US$M)
North America ENT Devices Market Outlook Share, 2023 & 2030 (US$M)
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