LONDON--(BUSINESS WIRE)--The global ear tubes devices market is expected to post a CAGR of more than 2% during the period 2019-2023, according to the latest market research report by Technavio.
Otitis media is a common condition which is a major contributor to childhood mortality. Otitis media is of three types, namely AOM, OME, and COME. Untreated otitis media can result in infections in the other areas of the head, permanent hearing loss, and issues with speech and language development. The high prevalence of otitis media demands the placement of ear tubes in many cases, which is driving the growth of the market.
As per Technavio, the advances in ear tube surgery will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global ear tubes devices market 2019-2023 research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.
Global Ear Tubes Devices Market: Advances in Ear Tube Surgery
There have been significant advances in ear tube surgery procedures over the last few years. Several vendors in the market have launched advanced ear tube surgery systems which can ensure efficient and smooth ear tube surgery. Some of the vendors have launched handheld systems for ear tube placement that do not require an operating room or general anesthesia for the procedure. Such advances are likely to boost the growth of the ear tubes devices market during the forecast period.
“Apart from the advances in ear tube surgery, other factors such as the increasing number of hearing health initiatives, and the increase in healthcare spending will have a significant impact on the growth of the ear tubes devices market value during the forecast period,” says a senior analyst at Technavio.
Global Ear tubes devices Market: Segmentation Analysis
This market research report segments the global ear tubes devices market by material (fluoroplastic tube, silicone tube, metal tube, and others), end-user (hospitals, ASCs, and others) and geographic regions (North America, Europe, Asia, and ROW).
The North America region led the ear tubes devices market in 2018, followed by Europe, Asia, and ROW, respectively. The growth of the ear tubes devices market share in North America can be attributed to factors such as the increase in the incidence of otitis media and hearing loss, and the presence of initiatives and awareness campaigns.
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Market Landscape
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- Market characteristics
- Market segmentation analysis
Market Sizing
- Market definition
- Market size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
- Regional comparison
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Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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