ENT endoscopy Market

ENT endoscopy is a less invasive medical procedure that diagnoses treats and prevents concerns associated with the ear, nose, and throat. These devices are placed in the body through natural openings such as the mouth and anus or incisions to study interior hollow organs of the body in the endoscopy procedure. A camera or light source is attached to the endoscopy devices at the top of endoscopes that assist endoscopists in analyzing internal organs of interest. Endoscopy is used to investigate symptoms in the ENT system, difficulty in swallowing, and internal bleeding.

COVID-19 Impact analysis

COVID-19 is an infectious disease that originated in Hubei province of the Wuhan city in China in late December. The highly contagious disease, caused by a virus, severe acute respiratory syndrome corona virus 2 (SARS-CoV-2), is transmitted from human to human. Since the outbreak in December 2019, the disease has spread to almost 213 countries around the globe with the World Health Organization declaring it a public health emergency on March 11, 2020.

There has been an increase in the demand for medical supplies to take care of infected population. Respiratory support devices such as atomizers, life-support machines, oxygen generators, and monitors are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. There is an increase in the need for medical supplies, both from healthcare professionals and civil population for precautionary measures, owing to the rise in number of COVID-19 cases worldwide. Manufacturers of these products have a chance to capitalize this increased demand for medical supplies to ensure adequate and continuous supply of personal protective equipment in the market. Therefore, COVID 19 is expected to have a significant impact on the ENT endoscopy market.

Top Impacting Factors

• Increase in cases of ENT diseases, rise in demand for endoscopy devices in diagnostic and therapeutic procedures, surge in geriatric populations, rise in demand for minimally invasive procedure & advanced treatments are the factors that drive the growth of the ENT endoscopy market
• In addition, increase in healthcare expenditure; availability of skilled professionals; collaborations & partnerships between key players to facilitate ENT endoscopy device development; rise in R&D activities to launch of novel developed devices in the market; and technological advancements are some factors, which boost the market growth for ENT endoscopy.
• However, product recalls, lack of knowledge for proper handling of the device as well as associated complications and high production cost hinder the market growth.

Market Trends

New product launches to flourish the market

In March 2018, Olympus Corporation launched “ENF-VT3”, which is a flexible NBI (Narrowband imaging) based device, as the most notable and prominent developments in the ENT market.

In May 2021, the Madhya Pradesh government declared about the launch of the "nasal endoscopy" campaign due to rising incidences of mucormycosis in COVID-19 patients. The main objective of this campaign was the early detection and treatment of mucormycosis, a rare but dangerous fungal infection.

Key Benefits of the Report

• This study presents the analytical depiction of the ENT endoscopy industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the ENT endoscopy market share.
• The current market is quantitatively analyzed to highlight the ENT endoscopy market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed ENT endoscopy market analysis based on competitive intensity and how the competition will take shape in coming years

Questions answered in the ENT endoscopy Report

• Which are the leading players active in the ENT endoscopy market?
• What are the current trends that will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities of the market?
• What future projections would help in taking further strategic steps?
• What is "ENT endoscopy"?
• What is "ENT endoscopy” Market prediction in the future?
• Who are the leading global players in the "ENT endoscopy” Market?
• What are the current trends and predicted trends?
• What are the key benefits of the “ENT endoscopy “Market report?

 ENT endoscopy Market Report Highlights