By 2027, the global otoscope market will reach US$204.4 million – QNT Press Release


New York, July 16, 2021 (GLOBE NEWSWIRE)–Reportlinker.com announced the release of the “Global Otoscope Industry” report- https://www.reportlinker.com/p05896567/?utm_source=GNW
It will be 5 million by 2020, and it is estimated that the revised scale will reach 204.4 million US dollars by 2027, which will grow at a compound annual growth rate of 3.2% during the analysis period from 2020 to 2027. Pocket otoscope is one of the market segments analyzed in the report, and it is estimated that by the end of the analysis period, the compound annual growth rate will be 2.9%, reaching 89.4 million US dollars. After an early analysis of the business impact of the pandemic and the economic crisis it caused, the growth of the full-size otoscope segment was re-adjusted to a revised compound annual growth rate of 3.4% over the next 7 years.

The US market is estimated to be 57.4 million U.S. dollars, while China is expected to grow at a compound annual growth rate of 5.5%

The U.S. otoscope market is estimated at 57.4 million U.S. dollars in 2020. China is the world’s second largest economy. It is estimated that by 2027, the market size is expected to reach 14.8 million U.S. dollars, with a compound annual growth rate of 5.5%. The analysis period is from 2020 to 2027. Other notable regional markets include Japan and Canada, which are expected to grow by 2.4% and 3% respectively between 2020 and 2027. In Europe, Germany is expected to grow at a compound annual growth rate of approximately 2.7%.

The compound annual growth rate of the video otoscope segment is 3.7%

In the global video otoscope market segment, the United States, Canada, Japan, China and Europe will drive the segment’s expected compound annual growth rate of 3.4%. The total market size of these regional markets in 2020 is USD 24.4 million, and by the end of the analysis period, it is expected to reach USD 30.9 million. China will remain one of the fastest growing countries in this regional market cluster. Led by countries such as Australia, India, and South Korea, the Asia-Pacific market is expected to reach US$16.9 million by 2027, while Latin America will grow at a compound annual growth rate of 4.8% during the analysis period.

Select a competitor (50 selected in total)

  • Adam Rui Co., Ltd.
  • AIIM Co., Ltd.
  • Albert Waeschle Ltd (Opticlar)
  • AMD Global Telemedicine Company
  • AME Global
  • American Diagnostics Corporation
  • Arno Barthelmes Zella-Mehlis GmbH
  • August Medical
  • Bosch + Sohn GmbH and Co. KG
  • Cupris Limited
  • Dino-Lite Europe
  • Doctor mother otoscope
  • Endoservice Co., Ltd.
  • Fazni gmbh
  • Firefly Global
  • GF Health Products Company
  • GPC Medical Co., Ltd.
  • Happersberger Otopront GmbH
  • HEINE Optotechnik GmbH & Co. KG
  • Henry Schein
  • Hill-Rom Holding Company
  • Hongsheng Group
  • Acoustic Company
  • Inventis srl
  • Keeler
  • Kirchner & Wilhelm GmbH + Co. KG
  • LUXAMED GmbH & Co. KG
  • Maike Diagnostics Co., Ltd.
  • Medellin Industries
  • MedRx Company
  • Masterstar Co., Ltd.
  • Natus Medical Corporation
  • Oak Products Company
  • Olympus
  • OPTOMIC Espana SA
  • AoVision Co., Ltd.
  • Prestige Medical
  • RA block diagnosis
  • Radio Frequency Company
  • Rudolf List GmbH & Co. KG
  • Sklar surgical instruments
  • SOS Group Global Limited
  • Spengler Instruments
  • Psychiatric Medicine Co., Ltd.
  • SyncVision Technology Corporation
  • Timesco Healthcare Ltd.
  • Videomed Zaklad Elektroniczny
  • Vitalitaet Medtech Co., Ltd.
  • XION Co., Ltd.
  • Zuma Medical Co., Ltd.

Read the full report: https://www.reportlinker.com/p05896567/?utm_source=GNW

1. Methodology

2. Executive summary

1. Market overview
Influencer market insights
World market trajectory
Otoscope-Prelude
The impact of COVID-19 on the otoscope market
Rising incidence of hearing loss drives global otoscope
Long-term market
Global Hearing Loss Statistics Overview
Table 1: Number of hearing loss patients worldwide
Millions from 2015 to 2050
Chart 1: Global distribution of disabling hearing loss in 2018
Chart 2: The world’s hearing loss population divided by severity:
2018
The U.S. and Europe dominate the global otoscope market
Emerging markets-low penetration rate and huge growth potential
Pocket otoscope drives market growth
Video otoscope market witnesses rapid growth
Technological advancements driving the growth of the otoscope market
Recent innovations/new product releases

2. Focus on selected players
Recent market activity

3. Market trends and driving factors
COVID-19 expands the use of smartphone-enabled otoscopes
Otorhinolaryngology
A growing number of hearing loss cases emphasize the urgent need to improve
awareness
Disabling, untreated hearing loss has amazing economic and
Social cost
WHO urges governments to curb increasing cases of hearing impairment
WHO-ITU releases new standards for the prevention of hearing loss
young people
The rapidly growing elderly population and rising age-
Related hearing loss-a key demand driver for otoscopes
Figure 4: Global demographic data for the age group over 65
Millions by geographic region in 2019, 2025, 2035
And 2050
More and more young people and
children
Table 6: Percentage of people with disability and hearing loss
Global by category: 2018
The upward trend in health care spending has created considerable
opportunity
World health care expenditures over the years (in trillions of dollars)
2019, 2021 and 2023
Artificial intelligence-driven otoscopes represent the latest buzzwords with potential
Improve access to otolaryngology and audiology services in remote areas
Artificial intelligence is playing an increasing role in otoscopy
skill improved
University of Washington develops smartphone app
Tympanic fluid
Digital otoscope improves diagnosis and treatment of acute diseases
Otitis media
Home otoscope can detect ear infections early
Researchers develop ultrasound otoscope for accurate diagnosis
Middle ear infection
Prelude to selection of available otoscopes
Home digital otoscope
DESPATCH wireless otoscope
Tron Otoscope
Anykit USB Otoscope-In-Ear Camera

4. Global market perspective
Table 1: Current Status and Future Analysis of Otoscopes in the World
Geographical area-United States, Canada, Japan, China, Europe,
Asia Pacific, Latin America, Middle East and Africa markets-
Independent analysis of annual sales in thousands of U.S. dollars over the years
2020-2027 and% CAGR

Table 2: Historical review of the world of otoscope by region
Regions-United States, Canada, Japan, China, Europe, Asia Pacific, Latin America
U.S., Middle East, and Africa markets-independent analysis
Annual sales from 2012 to 2019 (in thousands of U.S. dollars) and
% Compound annual growth rate

Table 3: 15-year World Otoscope Outlook by Region
Region-United States, Canada,
Japan, China, Europe, Asia Pacific, Latin America, Middle East
African markets in 2012, 2020 and 2027

Table 4: Current status and future analysis of the pocket-sized world
Otoscopes by geographic area-United States, Canada, Japan, China,
Europe, Asia Pacific, Latin America, Middle East and Africa
Market-independent analysis of annual sales (in thousands of U.S. dollars)
2020-2027 and% CAGR

Table 5: World history review of pocket otoscope
Geographical area-United States, Canada, Japan, China, Europe,
Asia Pacific, Latin America, Middle East and Africa markets-
Independent analysis of annual sales in thousands of U.S. dollars over the years
2012 to 2019 and% CAGR

Table 6: Outlook for pocket otoscopes in the world in 15 years
Geographic Region-Percentage breakdown of sales value
United States, Canada, Japan, China, Europe, Asia Pacific, Latin America,
Middle East and Africa in 2012, 2020 and 2027

Table 7: Full-scale world status and future analysis
Otoscopes by geographic area-United States, Canada, Japan, China,
Europe, Asia Pacific, Latin America, Middle East and Africa
Market-independent analysis of annual sales (in thousands of U.S. dollars)
2020-2027 and% CAGR

Table 8: World history review of full-size otoscope
Geographical area-United States, Canada, Japan, China, Europe,
Asia Pacific, Latin America, Middle East and Africa markets-
Independent analysis of annual sales in thousands of U.S. dollars over the years
2012 to 2019 and% CAGR

Table 9: Global outlook for full-size otoscopes in 15 years
Geographic Region-Percentage breakdown of sales value
United States, Canada, Japan, China, Europe, Asia Pacific, Latin America,
Middle East and Africa in 2012, 2020 and 2027

Table 10: World status and future analysis of video otoscope
By geographic area-United States, Canada, Japan, China, Europe,
Asia Pacific, Latin America, Middle East and Africa markets-
Independent analysis of annual sales in thousands of U.S. dollars over the years
2020-2027 and% CAGR

Table 11: World history review of video otoscope
Geographical area-United States, Canada, Japan, China, Europe,
Asia Pacific, Latin America, Middle East and Africa markets-
Independent analysis of annual sales in thousands of U.S. dollars over the years
2012 to 2019 and% CAGR

Table 12: 15-year outlook for the world of video otoscope
Geographic Region-Percentage breakdown of sales value
United States, Canada, Japan, China, Europe, Asia Pacific, Latin America,
Middle East and Africa in 2012, 2020 and 2027

Table 13: Current status and future analysis of world hospitals
Geographical area-United States, Canada, Japan, China, Europe,
Asia Pacific, Latin America, Middle East and Africa markets-
Independent analysis of annual sales in thousands of U.S. dollars over the years
2020-2027 and% CAGR

Table 14: Historical review of the hospital world by region
Regions-United States, Canada, Japan, China, Europe, Asia Pacific, Latin America
U.S., Middle East, and Africa markets-independent analysis
Annual sales from 2012 to 2019 (in thousands of U.S. dollars) and
% Compound annual growth rate

Table 15: 15-year outlook for world hospitals by region
Region-United States, Canada,
Japan, China, Europe, Asia Pacific, Latin America, Middle East
And Africa 2012, 2020 and 2027

Table 16: Current status and future analysis of global ENT clinics
Geographical area-United States, Canada, Japan, China, Europe,
Asia Pacific, Latin America, Middle East and Africa markets-
Independent analysis of annual sales in thousands of U.S. dollars over the years
2020-2027 and% CAGR

Table 17: World history review of ENT clinics by region
Regions-United States, Canada, Japan, China, Europe, Asia Pacific, Latin America
U.S., Middle East, and Africa markets-independent analysis
Annual sales from 2012 to 2019 (in thousands of U.S. dollars) and
% Compound annual growth rate

Table 18: 15-year outlook of world ear, nose and throat clinics
Geographic Region-Percentage breakdown of sales value
United States, Canada, Japan, China, Europe, Asia Pacific, Latin America,
Middle East and Africa in 2012, 2020 and 2027

Table 19: Current and future analysis of the world for other end-uses
Geographical area-United States, Canada, Japan, China, Europe,
Asia Pacific, Latin America, Middle East and Africa markets-
Independent analysis of annual sales in thousands of U.S. dollars over the years
2020-2027 and% CAGR

Table 20: World history review of other end uses
Geographical area-United States, Canada, Japan, China, Europe,
Asia Pacific, Latin America, Middle East and Africa markets-
Independent analysis of annual sales in thousands of U.S. dollars over the years
2012 to 2019 and% CAGR

Table 21: 15-year outlook for other end uses in the world
Geographic Region-Percentage breakdown of sales value
United States, Canada, Japan, China, Europe, Asia Pacific, Latin America,
Middle East and Africa in 2012, 2020 and 2027

3. Market analysis

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