Western Europe Image Guided ENT Surgery System Market Expected to Reach USD 120262.8 Thousand by 2029; Increase of ENT surgeries in the region to drive the growth of the market

Major Companies Covered by Western Europe Image Guided ENT Surgery Systems Market Research Report are Stryker, KARL STORZ GmbH, Brainlab AG, Fiagon AG Medical Technologies, Collin SAS., And others key market players.

New York, December 08, 2021 (GLOBE NEWSWIRE) – According to statistics from the International Agency for Research on Cancer of the World Health Organization (WHO), the number of new cases of cancer of the oropharynx, nasopharynx, hypopharynx and thyroid in Western Europe in 2020 in both men and women has been estimated. or 10005, 1304, 5912 and 25089 cases respectively. In addition, statistics also indicate that these cases in men are expected to affect 7.5 thousand, 1 thousand, 5.4 thousand and 6.3 thousand respectively by the end of 2040, while in the case of women, it should reach 3.1 thousand, 0.4 thousand, 1.1 thousand and 19 thousand respectively.

Research Nester recently published a report titled “Western Europe Image Guided ENT Surgery Systems MarketWhich is studied for the forecast period 2020-2029. The report provides in-depth analysis of major players to its readers using various statistical tools. The report also includes the profiling of the country along with the latest market trends, growth drivers and opportunities that are expected to drive the market growth during the forecast period.

With the increasing incidence of different types of cancer related to the ear, nose and tongue, there is an increasing need for individuals to diagnose and treat these diseases. Supported by the increase in health spending among countries in the Western European region, which according to the World Bank reached 9.854% (% of GDP) in 2018, compared to 8.432% in 2000 in the European Union , the demand for quality health services has increased dramatically. Additionally, with the increasing advancements in medical research, healthcare specialists are using advanced medical equipment, such as image-guided ENT surgery systems, which give surgeons a better grip during the process. surgical procedure and also reduce the risk of accidents. Due to these factors, the Western Europe Image Guided ENT Surgery System Market is expected to generate revenue of $ 120,262.8 thousand by the end of 2029, compared to revenue of 59,206. , $ 6 thousand in 2020. The market is expected to continue growing at a CAGR of 8.2% over the forecast period, which is 2020-2029.

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Moreover, the increasing incidence of rhinosinusitis in the region followed by the increasing number of different types of ENT surgeries is also expected to drive the market growth. For example, tonsillectomy surgeries and surgical procedures performed in hospitals in Germany, Belgium, Iceland, Switzerland and the United Kingdom in 2018 reached 110.0 (per 100,000 population), 202 , 6, 505.2, 104.4 and 84.4 respectively. The image-guided ENT surgery systems market in Western Europe is segmented by country into Austria, Belgium, Denmark, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Netherlands, Norway, Portugal, Switzerland, Sweden, Spain, United States United Kingdom and the rest of Western Europe. Among these, the German market held the highest market share in 2020 and is expected to maintain this position throughout the forecast period. In 2020, the country’s market registered a turnover of 15,249.6 thousand USD and is further expected to reach 32,833.1 thousand USD by the end of 2029, increasing with the second CAGR of 8, 9% over the forecast period. One of the major factors expected to drive the market growth in Germany is the increasing number of ear, nose and tongue related surgeries. According to statistics from the Statistisches Bundesamt, the total number of male patients discharged from hospitals due to the diagnosis of diseases of the ear and mastoid process increased from 67,831 in 2005 to 72,437 in 2019, while among women , it increased from 74,826 numbers to 83498 numbers during the same period. On the other hand, the French market is expected to hold the second market share and generate additional revenue of $ 19,064.4 thousand by the end of 2029, compared to a turnover of $ 9,155.5 thousand in 2020. Moreover, the market in Switzerland is expected to grow with the highest CAGR of 9.2% during the forecast period.

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Western Europe Image Guided ENT Surgery Systems Market is segmented by Ear, Nose and Throat Surgery Type of which nose segment is expected to generate the largest market revenue of 5,305.6 thousand in dollars by the end of 2029, compared to sales of 25,469.4 thousand USD in 2020. In Germany, the segment is expected to grow with the highest CAGR of 9.3% during the forecast period and further generate revenue of US $ 13,067.6 thousand by the end of 2029, while in France the segment achieved market revenue of US $ 425.3 thousand in 2020 and is further expected to reach $ 9074.7 thousand increasing with the highest CAGR of 8.8% during the forecast period.

The Western Europe Image Guided ENT Surgery System market is also segmented on the basis of the procedure to Maxillary Antrostomy, Maxillary Polypectomy, Polypectomy, Ethmoidectomy, Sphenoidotomy, and others. Among these segments, the ethmoidectomy segment is expected to hold the second market share during the forecast period and reach another 16,902.3 thousand USD by the end of 2029 from a revenue of 8,067.2 thousand USD in 2020. In Austria, the ethmoidectomy segment is expected to grow with the highest CAGR of 9.3% during the forecast period. The segment in the country generated a turnover of 275.5 thousand USD in 2020 and in addition is expected to reach 611.5 thousand USD by the end of 2029. In addition, in Belgium, the antrostomy segment maxilla is expected to grow with the highest CAGR of 8.5. % during the forecast period.

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The market for image guided ENT surgery systems in Western Europe is also segmented on the basis of end user.

Western Europe Image Guided ENT Surgery Systems Market Segmentation By End User

Stryker, KARL STORZ GmbH, Brainlab AG, Fiagon AG Medical Technologies, Collin SAS and others are among the leading industry leaders in the market for image guided ENT surgery systems in Western Europe which are included in our report.

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