Market Share for ENT Devices
The ENT devices market has a significant degree of fragmentation, which majorly stems from the huge variety of devices available, including some as commo and basic hearing aids, as well as high-tech surgical robots. Hence, different companies dominate different segments of the market, with no single competitor possessing a clear edge. Additionally, while the simple consumer devices, especially hearing aids, often come with relaxed or no safety regulations, those used in clinics and hospitals, especially those with applications in surgery, are strictly regulated by the EMA, FDA, and other government bodies. Additionally, in developing countries, governments offer subsidies to the producers of hearing aids and other consumer ENT devices, which allows small, local companies to proliferate.
Key Suppliers of ENT Devices Are:
- Boston Scientific Corporation
- Karl Storz Gmbh & Co. KG
- Oticon A/S
- Medtronic plc
- Stryker Corporation
- Smith & Nephew plc
- Olympus Corporation
- Hoya Corporation
- Widex A/S