The global market is projected accounts for over USD 110 Mn in 2024 and to grow at a CAGR of 7.5% through 2032.
The global market is projected to experience significant growth, with an estimated increase of 1.55 times between 2024 and 2032, presenting an absolute revenue opportunity exceeding USD 60 million. In 2020, the ENT gas laser device market faced a decline, recording a year-over-year decrease of 5.4%, compared to a decrease of 7.0% in 2019.
Market segmentation based on modality reveals two categories: Fixed and Mobile. In 2021, fixed modalities held a market share of approximately 23.3% and are expected to grow at a compound annual growth rate (CAGR) of 7.2% during the forecast period.
Additionally, the market is categorized by application, which includes nasal polypectomy, turbinate hyperplasia, laser-assisted uvulopalatoplasty (LAUP), functional endoscopic sinus surgery (FESS), among other applications. Notably, nasal polypectomy was anticipated to generate USD 24.6 million in 2021 and is projected to achieve a CAGR of 7.9% through 2028.
Based on End-Use, the market is segmented into hospitals, clinics, ambulatory surgery centers, academic & research institutes, and other End-Uses. Among End-Use, hospital is expected to show remarkable growth at a CAGR of 8.4% and is estimated to account for USD 70.5 Mn in year 2032.
FutureWise Market Research has instantiated a report that provides an intricate analysis of ENT Gas (CO2) Laser Devices Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
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ENT Gas (CO2) Laser Devices Market Segmentation:
By Modality
- Fixed
- Mobile
By Application
- Nasal Polypectomy
- Turbinate Hyperplasia
- Laser-Assisted Uvulopalatoplasty (LAUP)
- Functional Endoscopic Sinus Surgery (FESS)
- Other Applications
By End-User
- Hospitals
- Clinics
- Ambulatory Surgery Centers
- Academic & Research Institutes
By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Competitive Landscape in ENT Gas (CO2) Laser Devices Market:
- Boston Scientific Corporation
- El.en. Group (DEKA M.E.L.A. srl)
- KLS Martin Group
- ForTec Medical
- OmniGuide Holdings, Inc.
- InterMedic
- Laser Gmb
- Sunny optoelectronic technology Co., Ltd.
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**Objectives of this Study: **
- To provide a comprehensive analysis of the ENT Gas (CO2) Laser Devices Market By Modality, By Application, By End-User and By Region.
- To offer detailed insights into factors such as drivers, restraints, trends, and opportunities, as well as segmental and regional influences on market growth.
- To evaluate current market trends and forecast micro-markets, presenting overall market projections in the form of data sets and PowerPoint presentations.
- To predict the market size in key regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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