Global ENT Surgical Devices Market Delivering Increased Demand, says a report

Posted by Arslan on February 26th, 2019

Fact.MR has compiled a new study of the ENT surgical devices market and published a report titled, “ENT Surgical Devices Market Forecast, Trends Analysis & Competition Tracking - Global Market Insights 2018 to 2028.” The repost covers all the vital facets of the ENT surgical devices marker and delivers actionable insights for business professionals interested in the ENT surgical devices market. The ENT surgical devices market forecast derived in the report is backed by a thorough SWOT analysis, associated industry assessment and historical market performance.

Favorable Reimbursement Scenario Befits Growth of the ENT Surgical Devices Market

ENT disorders are the most common causes that lead to a considerably higher number of doctor visits, particularly in the pediatric population. The rising prevalence of ENT disorders has led to the introduction of government reimbursement policies. For instance in the United States, a considerable number of ENT surgeries such as nasal or sinus endoscopy, osseointegrated implant and temporal bone implantation receive Medicare. For sinus endoscopy under CPT code 31290 and osseointegrated implant under code 69714 and 69715, about US$ 1100 is reimbursed by Medicare. Favorable reimbursements have further increased the numbers patients opting for ENT surgeries, thereby increasing the need for ENT surgical devices across the healthcare industry.

A Race for Reinvention Leads to M&As in Medical Devices Market – Key Strategies of Sustenance

In a bid to stay ahead of end-user demand, manufacturers in the medical devices market are engaged in developing smart devices. As technology integration and data harnessing plays a key role in this development, the medical devices technology marketplace has witnessed a significant number of M&A activities. A similar trend has been observed in the ENT surgical devices marketplace.

In February 2018, Stryker Corporation announced the completion of acquisition Entellus Medical, a leading provider of minimally invasive medical technology of ENT disease states. In May 2018, Johnson & Johnson’s Acclarent in collaboration with Bioscience Webster launched TruDi ENT navigation system with a real-time 3D navigation system.

Minimally Invasive Surgeries – A Trending Approach in ENT Surgical Devices Market

Minimally invasive surgeries continue to gain momentum in the healthcare owing to associated benefits as compared to the traditional surgical approach. While the traditional approach continues to remain in the mainstream, the minimal invasion has replaced the traditional approach to a greater extent. Growing preference for minimal invasion has led manufacturers to introduce devices to perform ENT surgeries with minimal invasion.

Current ENT procedures such as septoplasty, laryngeal surgery, trans-oral robotic surgery, tonsillectomy, and endoscopic sinus surgery are performed using minimal invasion approach. A considerable amount of R&D investments are involved to combine robotics technology with minimal invasion procedures and develop ENT surgical devices with enhanced surgical efficiency.

ENT Surgical Devices Market - Competitive Landscape

The ENT surgical devices market report covers information on the competitive landscape that delivers the competition scenario and future opportunities in the ENT surgical devices marketplace. Readers can find a dashboard view of key players and a company profile section which provides information regarding product offerings, new introductions, market presence, global footprint and notable developments of key players in the ENT surgical devices market.

Few of the profiled players in the ENT surgical devices market include Olympus Corporation, Medtronic PLC, Carl Zeiss Meditec AG, 16.4.Danaher Corporation (Leica Microsystems), Shanghai Fosun Pharmaceuticals Ltd. (AC. Alma Lasers), KLS Martin LP, Acclarent, Inc., Smith and Nephew PLC, ClaroNav, Collin SAS, Lumenis and Brainlab.

To get a sample copy of this report, visit: https://www.factmr.com/connectus/sample?flag=S&rep_id=2454