The Ear Infection Treatment Industry is Projected to Reach at a CAGR of ~ 6.6 % from 2017 to 2023

November 08 06:09 2017

Ear Infection Treatment Industry
Market Research Future has a half cooked research report on the global ear infection treatment market. Ear Infection Treatment Industry is Expected to Grow at a CAGR of ~ 6.6 % from 2017 to 2023

An ear infection is invasion of the ear tissue by bacteria or virus causing pain, inflammation and fluid build-up in the ear. Most ear infections are acute affecting for a short duration but chronic ear infections can cause permanent damage to the middle and inner ear.

Infants younger than 6 months have higher chances of infection accompanied by a fever higher than 102°F and severe ear pain. According to the healthline, middle ear infections occur in 80 % of children by the time they reach age three. Swimmer’s ear is a common outer ear infection affecting approximately 0.4 million healthcare visits annually in the United States.

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The developments in the surgery segment, such as minimal invasive laparoscopy surgery, is driving the global ear infection treatment market. The drug segment is, however, suffering from Industry fragmentation, which has put pressure on the price margins. The loss of patents and the rise of counterfeited drugs has also restricted the Industry growth. The other Industry constrains are high cost of surgery and complications of the surgery. Industry development represents the best strategy for the Industry growth. The Industry is expected to witness exponential growth over the review period owing to minimal invasive surgical procedures.

Taste the Industry data and Industry information presented through more than 50 Industry data tables and figures spread over 80 pages of the project report. Avail the in-depth table of content (TOC) & Industry synopsis on “Global Ear Infection Treatment Market” Research Report – Forecast till 2023.

Global Ear Infection Treatment Industry Players

Some of the key players profiled in the report are American Diagnostic Corp, Pfizer plc., Heine USA Ltd., Guromed USA, Welch Allyn, Torque Pharma, Medtronic, Intersect ENT Inc., Olympus Corporation, Grace Medical, and others.

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Product development represents the best strategy for dominating the Industry as surgery is the definitive treatment for high ear infection treatment market. The advent of minimally invasive treatment and diagnostic techniques such as computed tomography has changed the Industry landscape to a large extent. Miniaturization of surgical instruments and development of minimal invasive treatment such as robotic laparoscopy is expected to drive the future Industry in the developed regions of North America and Europe. Cost of the product will be a decisive factor in the developing regions such as Asia Pacific and especially Africa. The growing demand for better and minimally invasive surgical procedures is the greatest unmet need of the market.

Segmentation

The Global Ear Infection Treatment Industry has been segmented on the basis of type, pathogen diagnosis, treatment, and end user.

Based on the type, the Industry has been segmented as outer ear, middle ear, inner ear.

Based on the pathogen, the Industry has been segmented as bacteria, virus and others.

Based on the diagnosis, the Industry has been segmented as hearing test, microbial test, otoscopy and tympanometry, computerized tomography (CT), other.

Based on the treatment, the Industry has been segmented as surgery, drugs, and others.

Based on the end user, the Industry has been segmented as hospitals & clinics, academic and research, and others.

Regional Analysis

The Americas account for a significant Industry share owing to extensive volume of surgeries performed and high expenditure on the healthcare. Additionally, the fastest uptake of new products and surgical procedures in the US drives the ear infection treatment market. Furthermore, concentration of the major healthcare and medical device companies in the developed countries of this region coupled with large insurance penetration is adding fuel to the Industry growth. Moreover, huge amount of funds, that are spent annually on the U.S. healthcare which accounts to 16% of the total GDP, is also responsible for increasing the sales of in the global ear infection market..

Europe is the second largest Industry in the world due to high income and strong healthcare penetration. European Industry growth is led by countries such as Germany and France. The UK is expected to be the fastest growing Industry over the assessment period. Germany leads in Europe due to a well-established medical devices industry.

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Asia Pacific region is expected to grow rapidly; China and India are likely to lead this Industry due to fast growing healthcare sector and large unmet needs over the forecast period. South East Asian countries such as Vietnam, Thailand, and Malaysia are projected to contribute highly to the Industry growth. The growing penetration of healthcare insurance in the Asia Pacific region is expected to drive the ear infection treatment Industry in this region.

Gulf nations such as Saudi Arabia and the UAE are estimated to drive the Middle East & African market. Other Middle East nations to watch out for are Kuwait, Jordan, Egypt and Iran. The African region is expected to witness a moderate growth owing to poor economic and political conditions, and poor healthcare development. 

List Of Tables

TABLE 1    GLOBAL EAR INFECTION TREATMENT MARKET, BY TYPES, 2017-2023 (USD MILLION)

TABLE 2    OUTER EAR FOR EAR INFECTION TREATMENT MARKET, BY REGION, 2017-2023 (USD MILLION)

TABLE 3    MIDDLE EAR FOR EAR INFECTION TREATMENT MARKET, BY REGION 2017-2023 (USD 

MILLION)

TABLE 4    INNER EAR FOR EAR INFECTION TREATMENT MARKET, BY REGION 2017-2023 (USD MILLION)

TABLE 5    GLOBAL EAR INFECTION TREATMENT MARKET, BY PATHOGEN, 2017-2023 (USD MILLION)

TABLE 6    BACTERIA FOR EAR INFECTION TREATMENT MARKET, BY REGION, 2017-2023 (USD MILLION)

Continue..

 

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