Global ENT Devices Market to Grow at a CAGR of 7.37% Over 2012-2016
London, United Kingdom, March 15, 2013 --(PR.com)-- TechNavio today launched its report Global ENT Devices Market 2012-2016 based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
TechNavio's analysts forecast the Global ENT Devices market to grow at a CAGR of 7.37 percent over the period 2012-2016. One of the key factors contributing to this market growth is the advancements in the Cochlear Implant Devices segment. The Global ENT Devices market has also been witnessing an increase in the number of acquisitions and new entrants. However, problems with voice prosthesis and hearing aid device batteries could pose a challenge to the growth of this market.
Commenting on the report, an analyst from TechNavio’s Healthcare team said: “The Global ENT Devices market has been experiencing significant growth in the Rechargeable Hearing Aid Devices segment recently. For instance, Hansaton Acoustics Inc. introduced the AQ Custom Rechargeable ITE in 2010 and the AQ X-Mini Rechargeable Receiver-in-the-Canal (RIC) device in July 2011. Sales of rechargeable consumer hearing aid devices possess many advantages compared to the conventional hearing aid devices with primary cells. Rechargeable hearing aid devices are smaller in size, allowing manufacturers to build very small, cosmetically appealing, hearing instruments. Moreover, these rechargeable hearing aid devices are environmentally friendly and easy to use. Further, the quality and the battery life of these devices is estimated to be better compared to the primary cells.”
The key vendors dominating this market space are Cochlear Ltd., Siemens Healthcare, Sonova Holding AG, Starkey Laboratories Inc., Widex A/S, and William Demant Holding A/S.The other vendors mentioned in the report are GN ReSound A/S, Unitron Hearing Inc., Sonic Innovations Inc., Panasonic Corp., Rexton Inc., Beltone, Miracle-Ear Inc., MED-EL GmbH, Neurelec SA, Nuear Hearing Aids Inc., Bernafon, American Hearing Systems Inc., Audiosync Inc., Zounds Inc., and Avada Hearing Care.
Key questions answered in this report:
What will the market size be in 2016 and at what rate will it grow?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by these key vendors?
What are the strengths and weaknesses of these key vendors?
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://www.technavio.com/content/global-ent-devices-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Healthcare market research, please visithttp://www.technavio.com/healthcare
TechNavio's analysts forecast the Global ENT Devices market to grow at a CAGR of 7.37 percent over the period 2012-2016. One of the key factors contributing to this market growth is the advancements in the Cochlear Implant Devices segment. The Global ENT Devices market has also been witnessing an increase in the number of acquisitions and new entrants. However, problems with voice prosthesis and hearing aid device batteries could pose a challenge to the growth of this market.
Commenting on the report, an analyst from TechNavio’s Healthcare team said: “The Global ENT Devices market has been experiencing significant growth in the Rechargeable Hearing Aid Devices segment recently. For instance, Hansaton Acoustics Inc. introduced the AQ Custom Rechargeable ITE in 2010 and the AQ X-Mini Rechargeable Receiver-in-the-Canal (RIC) device in July 2011. Sales of rechargeable consumer hearing aid devices possess many advantages compared to the conventional hearing aid devices with primary cells. Rechargeable hearing aid devices are smaller in size, allowing manufacturers to build very small, cosmetically appealing, hearing instruments. Moreover, these rechargeable hearing aid devices are environmentally friendly and easy to use. Further, the quality and the battery life of these devices is estimated to be better compared to the primary cells.”
The key vendors dominating this market space are Cochlear Ltd., Siemens Healthcare, Sonova Holding AG, Starkey Laboratories Inc., Widex A/S, and William Demant Holding A/S.The other vendors mentioned in the report are GN ReSound A/S, Unitron Hearing Inc., Sonic Innovations Inc., Panasonic Corp., Rexton Inc., Beltone, Miracle-Ear Inc., MED-EL GmbH, Neurelec SA, Nuear Hearing Aids Inc., Bernafon, American Hearing Systems Inc., Audiosync Inc., Zounds Inc., and Avada Hearing Care.
Key questions answered in this report:
What will the market size be in 2016 and at what rate will it grow?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by these key vendors?
What are the strengths and weaknesses of these key vendors?
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://www.technavio.com/content/global-ent-devices-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Healthcare market research, please visithttp://www.technavio.com/healthcare
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Rituparna Roy
+44 207 291 0882
www.technavio.com
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