Increasing awareness among geriatric population about the ENT devices and the growing demand for hearing aid devices are projected to augment the growth of Saudi Arabia ENT devices market in the forecast period, 2023-2027.
According to TechSci Research report, “Saudi Arabia ENT Devices Market By Region, Competition Forecast & Opportunities, 2027”, the Saudi Arabia ENT devices market is expected to witness steady growth in 2023-2027. Numerous factors, including aging and sinusitis, affect the normal function of ENT organs. ENT is considered one of the most significant branches of medical science, primarily focused on diagnosing and treating the various problems associated with the ear, nose, and throat. The escalating demand for advanced diagnostic and surgical ENT devices significantly contributes to the growth of Saudi Arabia ENT devices market. These devices aid clinicians in diagnosing and treating ear, nose, and throat conditions more accurately and effectively. Several initiatives have been taken by government authorities aimed at spreading awareness about hearing loss, and its treatments are projected to propel the Saudi Arabia ENT devices market. ENT device manufacturers heavily invest in technologies to develop user-friendly and noninvasive equipment.
However, the high purchasing cost of ENT devices may restrain the growth of Saudi Arabia ENT devices market for the forecast period.
Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on " Saudi Arabia ENT Devices Market"
https://www.techsciresearch.com/report/saudi-arabia-ent-devices-market/10602.html
The Saudi Arabia ENT devices market is segmented into type, end user, regional distribution, and competitive landscape.
Based on type, the market is segmented into diagnostic devices, surgical devices, hearing aid devices, hearing implants, nasal splints, and others. The hearing aid devices segment holds the largest market share on account of the expanding geriatric population associated with hearing loss problems. A hearing aid device represents an electronic device worn in or behind the ear. It makes sounds louder so that a person with hearing loss can listen, communicate, and participate fully in day-to-day activities. The escalating demand for hearing aid devices from senior citizens suffering from numerous ENT-related ailments has propelled the market growth. The growing availability of superior quality hearing aids will reduce the chance of acquiring dementia and improve cognitive learning. Also, hearing aids minimize irritation associated with tinnitus, which urges people to adopt hearing aid devices suffering from hearing loss problems.
Based on end user, the market is segmented into hospitals, ENT clinics, ambulatory care settings, and others. ENT clinics are expected to capture the largest market share in the forecast period. Clinics provide all required facilities to the patients to give the patient the best and most economical treatment as well as a positive environment. Hospitals also offer numerous diagnostic procedures and treatment options with advanced equipment and novel technologies.
Key market players operating in the Saudi Arabia ENT devices market are:
· Sonova Group
· Medtronic
· Basha Medical Group
· Attieh Medico Ltd
· Cochlear Limited
Download Sample Report@ https://www.techsciresearch.com/sample-report.aspx?cid=10602
Customers can also request for 10% free customization on this report.
“The technological advancement in smart products such as hearing aids and amplifiers that can be accessed through mobile devices for improved tracking of mental health and hearing and optimized conversations is anticipated to bolster the market growth. With the launch of the next-generation integrated ear, nose, and throat devices, an error has been removed to a larger extent, further propelling the Saudi Arabia ENT devices market growth. The growing aging population and increased prevalence of ENT disorders such as hearing loss is expected to propel the demand for the Saudi Arabia ENT devices market growth till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm”.
“Saudi Arabia ENT Devices Market By Type (Diagnostic Devices, Surgical Devices, Hearing Aid Devices, Hearing Implants, Nasal Splints, Others), By End User (Hospitals, ENT Clinics, Ambulatory Care Settings, Others), By Region, Competition Forecast & Opportunities, 2027 has analyzed the future growth potential of Saudi Arabia ENT devices market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and assist decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with significant drivers, challenges, and opportunities in Saudi Arabia ENT devices market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Website: https://www.techsciresearch.com
Market Highlights:A medical device is any instrument, appliance including any software, biologic or non-biologic material, to be used for the diagnostic or therapeutic use for management of diseases and disorders.
The market involves two segments one high-tech devices with extreme sophistication and another is the low tech improved devices.Request Sample Copy:https://www.marketresearchfuture.com/sample_request/2801The high tech segment such as diagnostic imaging devices is witnessing higher rates of growth.
The low tech segment is also growing at a good rate but has witnessed growth in developing regions as the market for these in developed regions is stagnant.
The other market driving factors are rising public healthcare expenditure in Saudi Arabia, development of large hospitals such as King Faisal hospital in Riyadh, demand for noninvasive therapy etc.The market constraints are strict and ambiguous regulatory framework, growing concern for security especially data security, differential availability between developed and developing regions, connectivity issues in Saudi Arabia, the interference Sharia courts etc.Saudi Arabia Medical Devices Market:The Saudi Arabia Medical Devices market has been evaluated as a growing market and it is expected that the market will touch high growth figures in future.
The falling crude oil revenues will be a future threat to the market.The major participants of this market are: Johnson & Johnson, General Electric, Medtronic, Koninklijke Philips Electronics NV., Baxter Internationa, Fresenius Medical Care AG & Co., Cardinal Health, Al-Salehiya Medical Estableshment, Saudi Pharmaceutical Industries & Medical Appliances Corporation (SPIMACO), Al Amin Medical Instruments Company (AMICO), Al Faisaliah Medical Systems (FMS), Siemens Ltd and others.Regional Analysis:The healthcare sector of Saudi Arabia is divided between private and state.
Local manufacturing represents a poor outlook which is limited to consumables and ordinary articles.
According to a research study by Abdulaziz K. Alhujayri et al., published in Plastic and Reconstructive Surgery Global Open Journal, June 2021, the study results found that clear differences in the engagement and perception of cosmetic procedures during the COVID-19 pandemic exist among the Saudi Arabian population.
The growing geriatric population is increasing the demand for anti-aging treatment and thus boost the overall market growth in the country.Aesthetic procedures represent one of the most commonly performed procedures in Saudi Arabia.
For instance, according to a research study by Alghonaim Y et al., published in Europe PubMed Central Journal, October 2019, in Saudi Arabia, it was found that social media platforms play a critical role in promoting aesthetic procedures.
For instance, in September 2019, Medica Group / Riyadh International Company launched the latest laser hair removal device Primelase in the Saudi Arabia market.
In addition, in March 2018, GALDERMA SA, received approval from Saudi Food and Drug Administration (SFDA) for hyaluronic acid filler Restylane which is used to add volume and fullness to the skin to correct moderate to severe facial wrinkles and folds, such as the lines from nose to the corners of mouth (nasolabial folds).
However, concerns and social stigma of these surgeries and poor reimbursement scenario have been restraining the market growth.Key Market Trends Skin Resurfacing and Tightening Segment is Expected to Register Significant Growth During the Forecast PeriodSkin tightening is a non-surgical, minimally invasive process that uses an infrared light source to tighten skin by heating the collagen under the skin surface, causing the skin to contract.
