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Home » Healthcare » ENT Laser Devices Market Report Forecast 2020-2028
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ENT Laser Devices Market Products (Gas Lasers, Solid And Semiconductor-Based Lasers), Applications (Throat and Mouth Cancer, Transoral Laser Microsurgery, Tonsillitis, Sinusitis, Other), End-User (Hospitals and Ambulatory Surgical Centers, Home Use, ENT Clinics)By Geography, Segment revenue estimations, Forecast: 2020-2028

Published On: Dec-2021   |   Base Year: 2020   |   No Of Pages: 145   |   Historical Data: 2015 - 2019   |   Formats: PDF   |   Report ID: 44356942

Report DescriptionTable of Contents

ENT Laser Devices Market Outlook - 2028

The ENT Laser Devices Market size is estimated to rise by USD 110.12 million throughout the forecasted period of 2020-2028, with an overall CAGR of 6.73 %.

 

ENT Lasers are also widely known as CO2 lasers. CO2 laser surgery is used popularly worldwide in Otolaryngology to treat throat, nose, and ear disorders. It is minimally invasive surgery (MIS) with high speed, minimal side effects, and perfect precision. The elders can implement it by having pacemakers in their hearts. Laser technology has gained worldwide popularity, especially in the healthcare sector, and is growing steadily with a CAGR of 8.73% over the forecasted period. In the United States, approximately 54000 people were diagnosed with oral cancer in 2020, which caused more than 9750 deaths, killing roughly one person per hour. In addition, In one of its reports, the American Cancer Society mentioned that there will be almost 12,960 cases of laryngeal cancer in the United States in 2021, which will result in about 3770 deaths.

ENT Laser Devices By Market Product

COVID-19 Impact onENT Laser Devices Market: -

A sudden outbreak of COVID-19 caused widespread death and illness and posed a considerable negative impact on the market. In addition, this pandemic has resulted in a mass closure of ENT clinics and the termination of ESPs (elective surgical procedures), which has hampered the sale of ENT medical devices. However, a resumption of the surgical processes and business operations is expected to boost the market growth.

 

Market Dynamics: -

Market Drivers: -

  • The continuous rising prevalence of ENT disorders is the primary reason that is fuelling the growth of this market.

 

Restraints: -

  • The higher cost of ENT surgeries is the main factor that is highly obstructing the overall growth of this market. The overall cost of an ENT surgery ranges up to USD 10,000.

 

Opportunities: -

  • Cosmetic ENT Surgeries have become a general procedure across the globe and are likely to make significant growth. In 2020, there were almost 13.3 million cosmetic minimally invasive procedures performed worldwide.

ENT Laser Devices By Market End-User

ENT Laser Devices Market: - Segmentation Analysis:

The ENT Laser Devices Market is broadly segmented based on Product, Applications, End-User, and Regions.

Based on Product

  • Gas Lasers

  • Solid And Semiconductor-Based Lasers

 

Based on Applications

  • Throat and Mouth Cancer

  • Transoral Laser Microsurgery

  • Tonsillitis

  • Sinusitis

  • Other

 

Based on End-User

  • Hospitals and Ambulatory Surgical Centers

  • Home Use

  • ENT Clinics

ENT Laser Devices Market Based on Application

Based on Regions

North America

  • US

  • Canada

  • Mexico

  • Rest of North America

 

Europe

  • Switzerland

  • Russia

  • Germany

  • U.K

  • Finland

  • France

  • Netherlands 

  • Spain

  • Turkey

  • Belgium

  • Italy

  • Rest of Europe

 

Asia Pacific

  • China

  • India

  • Japan

  • Singapore

  • South Korea

  • Malaysia

  • Indonesia

  • Philippines

  • Thailand

  • Australia

  • Rest of Asia-Pacific

 

LAMEA

  • Brazil

  • Uruguay

  • Argentina

  • Saudi Arabia

  • Rest of LAMEA

ENT Laser Devices Market Based on Region

Based on Product, ‘Gas Lasers’ dominated the market in 2020, with a robust CAGR. It is dominating because of its high efficacy rate in curing cancers.

 

Based on Applications, ‘Throat and Mouth Cancer’ dominated the market due to its continuously rising prevalence worldwide. This year, in the United States, approximately 54,010 adult (38,800 men and 15,210 women) patients were found to have oral and oropharyngeal cancer.

 

Based on End-User, ‘Hospitals and Ambulatory Surgical Centres’ accounted for the largest market share due to the increase in affordability for ENT treatment, Microvascular reconstruction, Free muscle transfer, Free bone transfer, free skin, and free skin and free skin fat transfer, highly improved healthcare infrastructure, etc.

 

Based on regions, ‘North America’ dominated the market due to the uprising cancer cases in ears, noses, and throats each year. As a result, almost 43% of the entire market growth is covered by this region.

 

ENT Laser Devices Market: Competitive Landscape

The competitive landscape is one of the most compelling analyses to figure out the key competitors existing in the market environment globally. The comparison is performed based on the market’s capacity, revenue generated, expenditure in the field of R&D, global presence, company overview and financials, market initiatives, production capacity, production sites and facilities, organization frailty, strengths, etc.

 

Report Attribute

Details         

Forecast Period

2020 - 2028

The market size value in 2020

USD 110.12 Million

The revenue forecast in 2028

USD 1.20 Billion

Growth rate

CAGR of approximately 6.73%

The base year for estimation

2020

Historical data

2016 – 2019

Unit

USD Billion, CAGR (2020 - 2028)

Segmentation

Based on Product, Applications, Based on End-User, Based on Regions.

Based on Product

Gas Lasers, Solid And Semiconductor-Based Lasers.

Based on Application

Dental Hospitals & Clinics, Dental Academics & Research Institutes, Dental Laboratories, Forensic Laboratories.

Based on  End-User

Hospitals and Ambulatory Surgical Centers, Home Use, ENT Clinics.

By Region

North America, Europe, Asia Pacific, Rest of Asia-Pacific.

Country Scope

U.S., Canada, France, Germany, U.K., China, Japan, India,  South Korea,  Mexico, Brazil, U.A.E. etc.

Company Usability Profiles

Boston Scientific Corp, Smith and Nephew plc, El.En. Spa, ARC Laser GmbH, IRIDEX Corp, Lumenis Ltd, Olympus Corp, Limmer Laser GmbH, Shanghai Fosun Pharmaceutical (Group) Co. Ltd., Sunny Optoelectronic Technology Co. Ltd.

Pricing and purchase options

Avail of customized purchase options to meet your exact research needs.

 

The ENT LaserDevices Market report covers the following prominent players:

 

ENT Laser Devices Market: Recent Developments

  • On July 24th, 2020, Olympus Corp launched SOLTIVE Super Pulsed Laser systems to deliver exceptional performance in a small and versatile package. Its 150u fibre can provide approximately three times the total power of competitor’s small fibers4.

  • On Sep 1st, 2021, Boston Scientific Corp, Closes the Acquisition of Lumenis LTD. Surgical Business from Baring Private Equity Asia. The Lumenis surgical business inculcates fibres and accessories and premier laser systems implemented for otolaryngology, and urology procedures, with total revenue expected to be around $200 million for 2021.

 

Frequently Asked Question About This Report

b: As per the market analysis, TheENT Laser Devices Market will reach up toUSD 110.12 million throughout the forecasted period of 2020-2028 with an overall CAGR of 6.73 %.

b: The top-notch industry players in the ENT Laser Devices Market includeBoston Scientific Corp, Smith and Nephew plc, El.En. Spa, ARC Laser GmbH, IRIDEX Corp, Lumenis Ltd, Olympus Corp, Limmer Laser GmbH, Shanghai Fosun Pharmaceutical (Group) Co. Ltd, Sunny Optoelectronic Technology Co. Ltd.

b: ‘North America’ has the most dominant market due to the continuous rise of cancer cases in ears, noses, and throats each year. As a result, North America covers almost 43% of the entire market.

b: Based on Product, ‘Gas Lasers’ dominated the market in 2020, with a robust CAGR,as well as it is poised to dominate in the future due to its high efficiency in curing cancers.

b: Based on End-User, ‘Hospitals and Ambulatory Surgical Centres’ accounted for the largest market share owing to the increase in affordability for ENT treatment, highly improved healthcare infrastructure, etc.

b: ‘Hospitals and Ambulatory Surgical Centres’ is the leading segment in the ENT Laser Devices Market over the forecasted estimation of 2020-2028.

b: In 2020, The United States held the highest market share in the Global ENT Laser Devices Market.

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