ENT Laser Devices Market Size and Forecast 2024-2028

The Global ENT laser devices market is poised to experience substantial growth, with an estimated increase of USD 130 million at a CAGR of 6.78% between 2023 and 2028. This growth is driven by the rising demand for minimally invasive ENT surgeries worldwide. ENT procedures, which target the nasal, ear, and throat regions, benefit from these advanced techniques that allow for refined, less invasive instruments. Patients and healthcare providers alike are gravitating toward these surgeries due to their ability to cause less tissue damage, reduce recovery time, minimize pain, and ensure less scarring compared to traditional surgeries

For more details about the industry, get the PDF sample report for free

Market Segmentation

• By Product:

  • Gas Lasers: The gas lasers segment is expected to witness significant growth during the forecast period. This segment includes lasers that use gases such as CO2, Argon, and helium-neon (He-Ne) and are utilized in various ENT procedures such as otolaryngology and nasopharyngeal surgeries. Gas lasers are favored due to their high surgical efficacy and minimal complications.
  • Solid and Semiconductor-Based Lasers

• By Application:

  • Sinusitis
  • Tonsillitis
  • Throat and Mouth Cancer
  • Others

Geography Outlook
The ENT laser devices market is segmented into the following regions:

• North America: U.S., Canada
• Europe: U.K., Germany, France, Rest of Europe
• Asia: China, India
• ROW: Argentina, Australia, Brazil

Market Dynamics - Drivers, Trends, and Challenges

• Key Drivers:
  • Mergers & Acquisitions: A key factor propelling market growth is the increase in mergers and acquisitions within the industry. For instance, in September 2021, Boston Scientific Corp. acquired Lumenis' global surgical business, while in May 2022, Medtronic acquired Intersect ENT for USD 1.1 billion. These strategic moves have allowed companies to expand their product portfolios and market reach.
• Significant Trends:
  • New Product Launches: Market players are focusing on expanding their product portfolios with new product launches. For example, in January 2021, OmniGuide Holdings Inc. received clearance from the US FDA for its new OTO-U CO2 laser system fiber, aimed at improving procedural outcomes for ENT and otology surgeries.
• Challenges:
  • Social Stigma and Lack of Awareness: One of the significant challenges hindering market growth is the stigma associated with hearing loss and the reluctance to adopt hearing aids. Despite the proven benefits of these devices, individuals with hearing impairments often face social barriers that discourage them from using hearing aids.

Get more details by ordering the complete report

Key Companies in the Ent Laser Devices Market

Some of the key companies of the Ent Laser Devices Market are as follows:

• Anthony Products Inc.
• ARC Laser GmbH
• Asclepion Laser Technologies GmbH
• biolitec AG
• Boston Scientific Corp.
• Danaher Corp.
• El.En. S.p.A.
• Fotona d.o.o
• Gebruder Martin GmbH and Co. KG
• GNS neoLaser Ltd.
• IRIDEX Corp.
• LightScalpel Inc.
• Limmer Laser GmbH
• Modulight Inc.
• Olympus Corp.
• OmniGuide Holdings Inc.
• Shanghai Fosun Pharmaceutical Group Co. Ltd.
• Smith and Nephew plc
• Wuhan Dimed Laser Technology Co. Ltd.
• Wuhan Gigaa Optronics Technology Co. Ltd.
• Optronics Technology Co. Ltd.