Market Overview:
The global myringotomy instrument kit market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of ear infections, rising demand for minimally invasive surgeries, and technological advancements in myringotomy instruments. Based on type, the global myringotomy instrument kit market can be segmented into disposable and reusable kits. The disposable kits segment is expected to grow at a higher CAGR than the reusable kits segment during the forecast period from 2018 to 2030. This growth can be attributed to factors such as rising awareness about hygiene and safety among healthcare professionals and patients, growing preference for single-use medical devices over reusable devices, and increasing number of surgical procedures performed using disposable kits. Based on application, the global myringotomy instrument kit market can be divided into hospital and clinic settings.
Product Definition:
Myringotomy Instrument Kit is a surgically kit which is used to make an incision in the eardrum. It helps to relieve the pressure from fluid accumulation behind the eardrum.
Disposable:
Disposable is a single-use medical device or an article that is intended to be used once and then discarded. Disposable devices are made from materials such as plastic, glass, metal, wood or other synthetic substances. Some examples of disposable devices include syringes, needles, scalpels blades and surgical gloves among others.
The global myringotomy instrument kit market size was valued at USD 648 million in 2016.
Reusable:
Reusable Myringotomy Instruments are intended for use in the treatment of glottalic stenosis, oro-dental trauma and infections, tooth extractions, and other oral surgical procedures. These instruments are made from stainless steel and is available in different sizes. The size of these reusable instruments depends upon the procedure that needs to be performed.
Application Insights:
Based on the application, the global myringotomy instrument kit market is segmented into hospital and clinic. The hospital segment dominated the market in 2017 due to a large number of procedures performed in hospitals compared to clinics. In addition, a high prevalence of ENT diseases across the globe drives demand for surgical treatment which subsequently increases product usage in hospitals.
The clinic application segment is expected to witness lucrative growth over the forecast period owing to an increase in number of minimally invasive surgeries being performed at outpatient facilities or secondary care centers without an overnight stay at a hospital. Minimally invasive surgeries require very specific surgical equipment and Myringotomy Instruments are one such medical device that can be used for such procedures with ease and precision as required by surgeons during these types of surgeries. Thus, increasing adoption across ENT outpatient clinics will drive demand over next few years.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing prevalence of hydrocephalus, which mandates surgical intervention, high awareness about neurological diseases and presence of well-established healthcare facilities in this region. Moreover, favorable reimbursement policies for myringotomy instruments are also expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising geriatric population and incidence of Alzheimer’s disease (AD). According to data published by National Census India 2011-12, nearly 24% population in India was aged 60 years and above; this number is projected to grow at a rapid pace over next few decades which will create huge opportunities for product penetration in developing economies such as China and Japan. In addition, rapidly improving healthcare infrastructure along with growing investments from private players are some factors that can be attributed for future growth prospects of this regional market.
Growth Factors:
- Increasing incidence of chronic ear diseases: The global Myringotomy Instrument Kit market is expected to grow at a CAGR of 5.5% during the forecast period owing to the increasing incidence of chronic ear diseases such as otitis media, otitis externa, and cholesteatoma.
- Growing demand for minimally invasive surgeries: The growing demand for minimally invasive surgeries is another key growth driver for the Myringotomy Instrument Kit market. Minimally invasive surgeries are less traumatic and result in shorter hospital stays as compared to traditional open surgery procedures. This is driving the adoption of Myringotomy Instrument Kits globally.
- Technological advancements in surgical instruments: Surgical instrument manufacturers are constantly innovating their products with new features and technologies that offer better performance and safety to surgeons and patients alike. This is resulting in an increase in adoption of Myringotomy Instrument Kits by surgeons worldwide, thereby fuelling market growth over the forecast period..
- which will create a large pool of patients susceptible to various ear diseases requiring myringotomy surgery procedures..
Scope Of The Report
Report Attributes
Report Details
Report Title
Myringotomy Instrument Kit Market Research Report
By Type
Disposable, Reusable
By Application
Hospital, Clinic
By Companies
Eakin Surgical, ADEPT MEDICAL, Coremed, EXMOOR PLASTICS, Olympus, BOSS Instruments, Advin Health Care
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Myringotomy Instrument Kit Market Report Segments:
The global Myringotomy Instrument Kit market is segmented on the basis of:
Types
Disposable, Reusable
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Eakin Surgical
- ADEPT MEDICAL
- Coremed
- EXMOOR PLASTICS
- Olympus
- BOSS Instruments
- Advin Health Care
Highlights of The Myringotomy Instrument Kit Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Disposable
- Reusable
- By Application:
- Hospital
- Clinic
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Myringotomy Instrument Kit Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Myringotomy Instrument Kit is a medical device that helps to relieve pain from myringitis.
Some of the major players in the myringotomy instrument kit market are Eakin Surgical, ADEPT MEDICAL, Coremed, EXMOOR PLASTICS, Olympus, BOSS Instruments, Advin Health Care.
The myringotomy instrument kit market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Myringotomy Instrument Kit Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Myringotomy Instrument Kit Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Myringotomy Instrument Kit Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Myringotomy Instrument Kit Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Myringotomy Instrument Kit Market Size & Forecast, 2018-2028
4.5.1 Myringotomy Instrument Kit Market Size and Y-o-Y Growth
4.5.2 Myringotomy Instrument Kit Market Absolute $ Opportunity
Chapter 5 Global Myringotomy Instrument Kit Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Myringotomy Instrument Kit Market Size Forecast by Type
5.2.1 Disposable
5.2.2 Reusable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Myringotomy Instrument Kit Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Myringotomy Instrument Kit Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Myringotomy Instrument Kit Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Myringotomy Instrument Kit Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Myringotomy Instrument Kit Analysis and Forecast
9.1 Introduction
9.2 North America Myringotomy Instrument Kit Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Myringotomy Instrument Kit Market Size Forecast by Type
9.6.1 Disposable
9.6.2 Reusable
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Myringotomy Instrument Kit Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Myringotomy Instrument Kit Analysis and Forecast
10.1 Introduction
10.2 Europe Myringotomy Instrument Kit Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Myringotomy Instrument Kit Market Size Forecast by Type
10.6.1 Disposable
10.6.2 Reusable
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Myringotomy Instrument Kit Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Myringotomy Instrument Kit Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Myringotomy Instrument Kit Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Myringotomy Instrument Kit Market Size Forecast by Type
11.6.1 Disposable
11.6.2 Reusable
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Myringotomy Instrument Kit Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Myringotomy Instrument Kit Analysis and Forecast
12.1 Introduction
12.2 Latin America Myringotomy Instrument Kit Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Myringotomy Instrument Kit Market Size Forecast by Type
12.6.1 Disposable
12.6.2 Reusable
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Myringotomy Instrument Kit Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Myringotomy Instrument Kit Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Myringotomy Instrument Kit Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Myringotomy Instrument Kit Market Size Forecast by Type
13.6.1 Disposable
13.6.2 Reusable
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Myringotomy Instrument Kit Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Myringotomy Instrument Kit Market: Competitive Dashboard
14.2 Global Myringotomy Instrument Kit Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eakin Surgical
14.3.2 ADEPT MEDICAL
14.3.3 Coremed
14.3.4 EXMOOR PLASTICS
14.3.5 Olympus
14.3.6 BOSS Instruments
14.3.7 Advin Health Care
