ENT Disorder Treatment Market on Track to Surpass US$ 25.4 Billion Valuation by 2030

ENT Disorder Treatment Market Snapshot

“The ENT Disorder Treatment Market to grow from USD 18 Billion in 2023 to USD 25.4 Billion by 2030, at a CAGR of 5.8%.”

ENT doctors treat various ear infections, hearing loss, dizziness, tinnitus, and discomfort in the ears, while noses help maintain air quality by preventing dirt, allergies, and other harmful agents.

Benign ENT disorders are conditions that are not serious or severe, but can lead to a variety of symptoms and complications.

Symptoms of benign laryngeal tumors include hoarseness, breathiness, dyspnea, aspiration, dysphagia, otalgia (ear discomfort), and hemoptysis, which is often caused by a fast-growing malignant tumor, resulting from irritation or distension of the vagus nerve.

The ear, nose, and throat (ENT) are affected by factors like sinusitis and ageing, affecting their regular functioning. ENT, or otolaryngology, is a major medical branch that diagnoses and treats ENT disorders using devices and various drug classes.

The Report focuses on pharmacological classes and medical devices used to treat diseases like sinusitis, rhinitis, otitis media, and tonsillitis.

The global ear, nose, and throat treatment market is expected to grow due to an increase in ENT patients, advancements in advanced treatment, and increased consumer awareness of minimally invasive surgical procedures.

An otolaryngologist is the primary care provider for ENT diseases, which can impact quality of life. Common ENT problems include ear infections, sinus infections, tonsillitis, acoustic neuroma, and Meniere's disease.

Medications like nasal decongestion sprays, antihistamines, steroids, and nasal saline washes are used to treat ENT disorders. Various drugs and medical devices are used to treat ear infections and presbycusis.

The World Health Organization predicts that around 2.5 billion people worldwide will have some form of hearing loss by 2050.

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What Are ENT Disorders?

The nose, throat, and ears are vital body parts that use their functions regularly. The ears help perceive sounds and maintain balance, while the nose provides partial taste perception and sense of smell. It humidifies the air and keeps pathogens out. The throat provides the passageways for food and liquids into the digestive system and air to reach the lungs.

Impact of Coronavirus (COVID-19) Pandemic

The COVID-19 pandemic has significantly impacted the global economy by affecting medication supply and demand, disrupting distribution networks, and affecting enterprises and financial markets.

Countries like China, India, Saudi Arabia, UAE, and Egypt are experiencing difficulties in transporting pharmaceuticals due to nationwide lockdowns. However, the pandemic has also positively impacted the global ENT problem treatment market due to its association with nose and throat infections.

Segment Analysis

Growth Drivers

• increasing air and noise pollution is a growing concern.
• The development of antibiotics is on the rise.
• The focus is on promoting minimally invasive procedures.
• The development of advanced treatments is rapidly evolving.

Restraints

ENT, or ear, nose, and throat, refers to the interconnected parts of the human body. It involves medical and surgical management of diseases like the common cold, tonsillitis, and esophageal abnormalities. An otolaryngologist specializes in ENT issues.

The ENT treatment market is supported by environmental factors, congested living conditions, anti-bacterial resistance, research, and an ageing population. However, high treatment costs and side effects may hinder its growth.

The global ear nose throat (ENT) treatment market is expanding due to increased awareness of cost-effective medical gadgets like ENT diagnostics and hearing aid equipment. Governments are providing education to increase awareness of these devices.

The market is expected to grow due to government funding, grants, and subsidies, as well as increased consumer demand for nose correction procedures. This growth is a direct impact of the growing device availability in the healthcare sector.

Opportunities

• The use of robotics is increasingly being integrated into ENT treatment procedures.
• The statement refers to the surplus investments in healthcare infrastructure.

Competitive Landscape of the ENT Disorder Treatment Market Analysis

• Novartis AG
• Pfizer Inc.
• GlaxoSmithKline Pharmaceuticals
• Teva Pharmaceuticals Industries Ltd.
• Sonova Holding AG
• Starkey Laboratories Inc.
• Siemens Healthcare
• Sonic Innovations Inc.
• American Hearing Systems Inc.
• Reddy’s Laboratories Ltd.

New Developments in ENT Disorder Treatment Market

September 10, 2022- Novartis drug shown to ease symptoms of painful skin condition

Novartis said its anti-inflammatory drug Cosentyx eased the symptoms of a painful, lump-forming skin condition in two late-stage trials, putting the approved treatment on track to further shore up sales growth at the Swiss drugmaker.

In a statement on Saturday, the company said that the drug, already approved for conditions like psoriasis and arthritis, demonstrated rapid and sustained relief in trial participants suffering from hidradenitis suppurativa.

29 July 2021- GSK announces FDA approval for Nucala (mepolizumab) for use in adults with chronic rhinosinusitis with nasal polyps

GlaxoSmithKline plc (GSK) announced that the US Food and Drug Administration (FDA) has approved Nucala (mepolizumab), a monoclonal antibody that targets interleukin-5 (IL-5), as a treatment for patients with chronic rhinosinusitis with nasal polyps (CRSwNP). This new indication for mepolizumab is for the add-on maintenance treatment of CRSwNP in adult patients 18 years of age and older with inadequate response to nasal corticosteroids.

CRSwNP accounts for 2-4% of the US population, affecting more than 5 million people. CRSwNP is one of a variety of diseases arising from inflammation in different tissues associated with elevated levels of a type of white blood cell called eosinophils. It is often characterised by raised eosinophil levels, in which soft tissue growth, known as nasal polyps, develop in the sinuses and nasal cavity. CRSwNP can cause chronic symptoms such as nasal obstruction, loss of smell, facial pressure and nasal discharge.

In October 2021, Acclarent, Inc., part of the Johnson & Johnson Medical Devices Companies, and a developer of minimally-invasive Ear, Nose, & Throat (ENT) technologies, announced the U.S. launched of its first-ever AI-powered ENT technology, designed to simplify surgical planning and provide real-time feedback during ENT navigation procedures. The new software package contains TruSeg and TruPath for use with the TruDi Navigation System and leverages a machine learning algorithm to provide reliable and efficient image guided preoperative planning and navigation for ENT procedures, like endoscopic sinus surgery.

Regional Analysis of Global ENT Disorder Treatment Industry

North America's ear, nose, and throat disorder treatment market, valued at $25.4 billion in 2022, is expected to continue its dominance due to rising patient numbers and favorable government reimbursement policies.

The presence of advanced healthcare infrastructure and consumer preference for home care are also expected to drive market growth. The presence of numerous players and the introduction of new solutions is expected to further boost the ENT treatment market.

In 2022, North America dominated the ear, nose, and throat (ENT) therapy market due to high prevalence of ENT-related disorders, increased demand for hearing aids, and well-equipped facilities.

 Asia-Pacific is predicted to grow at the fastest rate due to rising healthcare costs, improved early disease detection awareness, and increased investment by major industry players.

The Asia-Pacific region is predicted to experience profitable growth due to the increasing population in China, India, and Japan, along with rising pollution and the prevalence of infectious and allergic disorders.

Segments Covered in the ENT Disorder Treatment Market Report

ENT Disorder Treatment Market Segment by Drug Type

• Antibiotics Drugs
• Anti-Inflammatory Drugs
• Others

ENT Disorder Treatment Market Segment by Organ Type

• Ear
• Nose
• Throat

ENT Disorder Treatment Market Segment by End User

• Hospital and clinics
• Homecare Settings
• Others

ENT Disorder Treatment Market by Region

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Australia
  • Rest of Asia-Pacific
• Rest of the World
• Middle East
• Africa
• Latin America

Frequently Asked Questions

What are some applications of ENT Disorder Treatment?

One of the most common applications is Tonsillectomy and Adenoidectomy (tonsils) Myringotomy with Tube Insertion (ear tubes) Functional Endoscopic Sinus Surgery (FESS) Sleep Apnea Inspire Therapy.

What is the expected growth rate of the ENT Disorder Treatment market over the next 7 years?

The ENT Disorder Treatment Market to grow from USD 18 Billion in 2023 to USD 25.4 Billion by 2030, at a CAGR of 5.8%.

Who are the major players in the ENT Disorder Treatment market and what is their market share?

Novartis AG, Pfizer Inc., GlaxoSmithKline Pharmaceuticals, Teva Pharmaceuticals Industries Ltd., Sonova Holding AG, Starkey Laboratories Inc., Siemens Healthcare, Sonic Innovations Inc., American Hearing Systems Inc., Dr. Reddy’s Laboratories Ltd., are prominent players operating and dominating in the market.

Who are the top 3 ENT Disorder Treatment Market Key Vendors?

Novartis AG, Pfizer Inc., GlaxoSmithKline Pharmaceuticals, Teva Pharmaceuticals Industries Ltd, are key players in the ENT Disorder Treatment market.

Which geographical areas dominate the worldwide market for ENT Disorder Treatment?

North America region are emerging as the top regional markets for ENT Disorder Treatment solutions.