Technology has already made its mark on the healthcare sector, from new devices that give quick and enhanced results to simple solutions like minimum incisions that reduce clinical requirements. In ear, nose, and throat (ENT) diagnostics, technology integration is making a difference in diagnostics through electronic medical imaging that reduces complexity by using less invasive processes.
Devices used in ENT diagnosis are indispensable instruments used to treat various disorders. ENT specialists are known to cure conditions such as:
1) Dizziness
2) Hearing problems
3) Seasonal or perennial allergies
4) Ringing in ears
5) Nasal congestion
6) Throat or vocal cord problems
7) Polyps
8) Difficulty in speech and swallowing
9) Tonsillar infections
10) Breathing and sleep problems like obstructive sleep apnea (OSA),
11) Sinus issues
12) Giddiness and Vertigo
The global ENT devices market report by BIS Research highlights that the market was valued at $13,799.5 million in 2020 and is predicted to reach $25,127.7 million by the end of 2030. Moreover, the market is foreseen to grow at a CAGR of 6.12% during the forecast period from 2021 to 2030.
The ENT devices market size has increased substantially over the past few years. The main factors that are driving the growth of the market include the growing prevalence of hearing disorders in adults and children, increasing technology integration in ENT devices, and rising demand for minimally invasive procedures.
The prevalence of hearing loss has increased steadily in recent years. According to World Health Organization (WHO), the number of people suffering from disabling hearing loss (DHL) can grow up to 630 million in 2030 and over 900 million by 2050.
As a result, the rising prevalence of hearing impairment will advance the adoption of hearing devices and fuel ENT and audiology market opportunities. Other factors driving the market include the addition of approved value-based surgical instruments and high-end machines. These integrations have improved clinical methodologies. They optimize the operational procedures, thereby aiding rapid recovery and enhanced low-risk surgeries.
Modern technology has been instrumental in transforming conventional methods and procedures that ENT experts followed to newer and advanced techniques. The devices used in ENT like operation machines and surgery tools have evolved over the years.
Some of the new integrations of technology in the ENT domain are:
Imaging technologies have played a vital role in the healthcare sector by providing anatomical data through images and scans with clarity and low errors. Augmented visualization has raised the bars with advanced features like annotating preoperative images and minimizing the risk of potential errors.
High-quality microscopy has produced optical microscopes with high resolutions that are considered an indispensable tool for monitoring and examining the body at the molecular level. Molecular examination favors ENT diagnostics by providing detailed information of body functions, leading to the identification of diseases and disorders present amidst them.
The increase in the number of cases related to ENT has forced physicians to use new and improvised technologies to tackle these issues. The use of mobile technology in ENT products has provided several features like portability, rapid detection, auto adjustment, and cloud-based storage for dynamic monitoring.
Surgeons performing minimally invasive operations use sophisticated tools to minimize tissue damage, reduce marks, and allow quick recovery. Minimal invasion devices combined with robotics are now transforming the ENT surgical environment by automating operational procedures. Laser surgery is another addition for minimally invasive ENT treatments.
Due to the prevalence of disorders related to eyes, nose, and throat, new measures are being taken to tackle ENT disorders. However, it is still difficult for companies to grow in the ENT devices market because of specific challenges. Some of these include:
1. Social stigmas associated with ENT disorders
2. Expensive ENT procedures and lack of reimbursement
3. Calibration issues with devices
Emerging regional ENT device manufacturers and synergies between local healthcare authorities and key medical device companies are the major opportunities for the global ENT device market.
The key region-specific companies can expand in emerging economies by partnering with local healthcare authorities, some of which provide funding for small businesses, which can be vital for getting a business off the ground.
Through these partnerships, ENT device manufacturers can gain strong access to vital and diverse markets and ramp up their customer bases to gain mindshare globally.
Rising concerns about ear, nose, and throat disorders have increased the demand for better tools to diagnose ENT-related diseases. Key medical device companies and researchers are working on integrating artificial intelligence (AI) in ENT procedures using machine learning (ML) to drive market growth. In the light of these technological developments, it can be said that the growing technological advances within the realm of ENT are expected to give promising results.
One of the greatest challenges in the overall healthcare system is hearing loss. Loss of hearing is the fourth leading cause of impairment worldwide,...
Written by Purvi Bhasin, Senior Research Associate - BIS Research