Global Otoscopes Market 2018-2022

This industry research report presents a comprehensive analysis of the global otoscopes market by product (pocket otoscopes, full-size otoscopes, and video otoscopes) and by end-user (hospitals, ENT clinics, and others). The report also presents a detailed analysis of the market’s growth prospects across regions such as the Americas, APAC, and EMEA.

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Overview of the global otoscopes market

Technavio’s market research analysts have identified the increasing need for diagnosing ear-related ailments coupled with the older population as one of the primary factors that will trigger the growth of the otoscope market size until 2022. Ear diseases cause pain, discomfort, and even serious hearing disorder. Various ear related diseases include Meniere’s disease, tinnitus, an ear infection caused by bacteria, and barotrauma. These diseases can be treated and examined with the help of otoscopes.

The demand for otoscopes is increasing due to the growing prevalence of these diseases. Additionally, the rise in the geriatric population with high prevalence of ear-related diseases will boost the growth of otoscopes market size. According to otoscopes industry analysis and forecast, the market will register a revenue of close to USD 183 million by 2022.

Otoscopes market trends

The emergence of wireless otoscopes will be one of the key trends that will contribute significantly to the otoscope market growth during the next few years. Otoscopes market is undergoing technological advances with respect to portability, reduction in size, and wireless technologies. To ease the examination of the ear canal and simplify the diagnosing process for the physician, the vendors are providing wireless video otoscopes with improved features.

Otoscopes market forecast: Companies covered

With the presence of several vendors, the otoscope market appears to be moderately fragmented and is quite competitive. By providing a comprehensive analysis of the market’s competitive landscape and by offering information on the products offered by companies, this otoscope market report will help clients identify new growth opportunities and design unique growth strategies. Additionally, this otoscope market research report also suggests strategies and recommends key areas the companies can focus on to improve their revenue shares in this competitive market.

The ear otoscope market research report includes an analysis of a number of companies in this marketspace

• American Diagnostic Corporation
• Firefly
• HEINE Optotechnik
• KIRCHNER & WILHELM
• Rudolf Riester
• Welch Allyn

Otoscopes market segmentation by end-user

• Hospitals
• ENT clinics

According to otoscopes market analysis, hospitals were the major end-user to the market during 2017. Owing to factors such as the availability of advanced medical facilities and equipment to detect and diagnose critical cases and perform surgeries, the segment will be the major contributor to the otoscope market growth in the coming years as well.

Otoscopes market size based on geographies

• Americas
• APAC
• EMEA

Our analysts have predicted that in terms of geographic regions, the ear otoscope market witnessed considerable growth in the Americas during 2017. According to technavio’s otoscope market report, the region will be the major contributor to the otoscope market growth during the next few years due to factors such as the increase in ear ailments, technological advances in healthcare facilities, and availability of reimbursements. The strong presence of key vendors will also contribute to the growth of the market.

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Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global otoscopes market?
• What are the key market trends impacting the growth of the global otoscopes market?
• What are the challenges to market growth?
• Who are the key vendors in the global otoscopes market?
• What are the market opportunities and threats faced by the vendors in the global otoscopes market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global otoscopes market?

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