Market revenue in 2023 | USD 1,726.8 million |
Market revenue in 2030 | USD 2,552.5 million |
Growth rate | 5.7% (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 |
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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 ent devices market will help companies and investors design strategic landscapes.
Diagnostic ent devices was the largest segment with a revenue share of 67.55% in 2023. Horizon Databook has segmented the UK 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.
According to the 2017 NHS report, hearing loss affected around 9 million people in the UK. It is estimated that around 13 million people in the UK, nearly one in five of the population, will have suffer from hearing loss by 2035.
According to the 2018 National Institute for Health and Care Excellence (NICE) report, age-related hearing loss is the single biggest cause of hearing loss with 5.3 million people aged over 65 reported to have hearing loss. Hearing loss ranks second in terms of prevalence of impairment globally and is third for disease burden in England.
Estimates suggest that in 2013 the UK economy lost more than USD 38 billion in potential output because of high unemployment rates in people with hearing loss. The cost may be higher if underemployment rates are also considered. These high unemployment rates and underemployment reflect the communication and participation difficulties experienced by people with hearing loss.
Horizon Databook provides a detailed overview of country-level data and insights on the UK ent devices market , including forecasts for subscribers. This country databook contains high-level insights into UK ent devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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