Market Overview:
The Global Vestibular Testing System Market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing prevalence of vestibular disorders, rising geriatric population, and technological advancements in vestibular testing systems. By type, the videonystagmography (VNG) segment is expected to account for the largest share of the global vestibular testing system market in 2018. By application, hospitals are expected to account for the largest share of the global vestibular testing system market in 2018.
Product Definition:
The vestibular system is a sensory system that helps maintain balance and orientation. The vestibular testing system is used to assess the function of the vestibular system. The tests in the vestibular testing system can help identify problems with balance, movement, and eye movement.
Videonystagmography (VNG):
Videonystagmography (VNG) is a non-invasive test that helps in diagnosing inner ear disorders such as Meniere's disease, chronic dizziness, and motion sickness. It also helps in monitoring the effectiveness of treatment procedures such as medications for dizziness and balance problems.
The Vestibular Testing System market size was estimated to be USD 0.9 billion in 2015.
Electronystagmography(ENG):
Application Insights:
Based on application, the market is segmented into hospitals, diagnostic centers and clinics. Hospitals held the largest share in 2017 owing to availability of advanced healthcare facilities at a global level and presence of highly skilled personnel. Vestibular testing systems are widely used in diagnosing inner ear disorders as they provide high accuracy results compared with other methods such as otolaryngology examination or brain imaging.
The use of VTS has increased significantly due to development of advanced systems for diagnosis that help detect even small movements within the skull during test execution. As a result, hospitals dominated the overall market in terms of revenue in 2017 due to large number vestibular patients visiting them for diagnosis every year worldwide. On average, around 20 million people suffer from vertigo each year which requires medical consultation; however only 2% - 5% cases are diagnosed through standard clinical procedures resulting in high demand for accurate diagnostic tools such as VTS that can efficiently diagnose these conditions thereby driving growth over forecast period globally.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of key players, high adoption rate of advanced technologies, and favorable reimbursement policies. The U.S., which is at the forefront of this region, has a well-developed healthcare infrastructure and is one of the most developed economies in terms of healthcare expenditure per capita as well as quality.
Growth Factors:
- Increasing incidence of vestibular disorders: The global vestibular testing system market is expected to grow at a CAGR of over 7% during the forecast period owing to the increasing incidence of vestibular disorders. Vestibular testing systems are used for diagnosing and managing various types of vestibular disorders such as benign paroxysmal positional vertigo (BPPV), Ménière’s disease, and labyrinthitis.
- Growing demand for minimally invasive procedures: The growth in the demand for minimally invasive procedures is another key factor driving the growth of the global vestibular testing system market. Minimally invasive procedures are less traumatic and cause less pain as compared to traditional surgical procedures. This has led to an increase in their adoption, which is aiding the growth of the global vestibULAR TESTING SYSTEM market.
- Rising geriatric population: The geriatric population is susceptible to various types of ear diseases and disorders that can lead to balance problems and dizziness, thereby necessitating regular use of avestibuLAR TESTING SYSTEMS . This is expected to drive market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vestibular Testing System Market Research Report
By Type
Videonystagmography (VNG), Electronystagmography(ENG), Others
By Application
Hospitals, Diagnostic Centers, Clinics
By Companies
BeOn Solutions, BioMed Jena, Natus, ECLERIS, Euroclinic Medi-Care Solutions, Framiral, GAES, Homoth Medizinelektronik, Interacoustics, Micromedical Technologies, Nagashima Medical Instruments, Neuro Kinetics, Otometrics, Otopront - Happersberger Otopront, Recorders & Medicare Systems Pvt Ltd, SYNAPSYS, Techno Concept
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Vestibular Testing System Market Report Segments:
The global Vestibular Testing System market is segmented on the basis of:
Types
Videonystagmography (VNG), Electronystagmography(ENG), Others
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
Hospitals, Diagnostic Centers, Clinics
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:
- BeOn Solutions
- BioMed Jena
- Natus
- ECLERIS
- Euroclinic Medi-Care Solutions
- Framiral
- GAES
- Homoth Medizinelektronik
- Interacoustics
- Micromedical Technologies
- Nagashima Medical Instruments
- Neuro Kinetics
- Otometrics
- Otopront - Happersberger Otopront
- Recorders & Medicare Systems Pvt Ltd
- SYNAPSYS
- Techno Concept
Highlights of The Vestibular Testing System 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:
- Videonystagmography (VNG)
- Electronystagmography(ENG)
- Others
- By Application:
- Hospitals
- Diagnostic Centers
- Clinics
- 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 Vestibular Testing System 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?
A vestibular testing system is a medical device that measures the patient's ability to balance and move their head.
Some of the major companies in the vestibular testing system market are BeOn Solutions, BioMed Jena, Natus, ECLERIS, Euroclinic Medi-Care Solutions, Framiral, GAES, Homoth Medizinelektronik, Interacoustics, Micromedical Technologies, Nagashima Medical Instruments, Neuro Kinetics, Otometrics, Otopront - Happersberger Otopront, Recorders & Medicare Systems Pvt Ltd, SYNAPSYS, Techno Concept.
The vestibular testing system market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vestibular Testing System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Vestibular Testing System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vestibular Testing System Market - Supply Chain
4.5. Global Vestibular Testing System Market Forecast
4.5.1. Vestibular Testing System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vestibular Testing System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vestibular Testing System Market Absolute $ Opportunity
5. Global Vestibular Testing System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Vestibular Testing System Market Size and Volume Forecast by Type
5.3.1. Videonystagmography (VNG)
5.3.2. Electronystagmography(ENG)
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vestibular Testing System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Vestibular Testing System Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Diagnostic Centers
6.3.3. Clinics
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vestibular Testing System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Vestibular Testing System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Vestibular Testing System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Vestibular Testing System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Vestibular Testing System Demand Share Forecast, 2019-2026
9. North America Vestibular Testing System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Vestibular Testing System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Vestibular Testing System Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Diagnostic Centers
9.4.3. Clinics
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vestibular Testing System Market Size and Volume Forecast by Type
9.7.1. Videonystagmography (VNG)
9.7.2. Electronystagmography(ENG)
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Vestibular Testing System Demand Share Forecast, 2019-2026
10. Latin America Vestibular Testing System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Vestibular Testing System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Vestibular Testing System Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Diagnostic Centers
10.4.3. Clinics
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vestibular Testing System Market Size and Volume Forecast by Type
10.7.1. Videonystagmography (VNG)
10.7.2. Electronystagmography(ENG)
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Vestibular Testing System Demand Share Forecast, 2019-2026
11. Europe Vestibular Testing System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Vestibular Testing System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Vestibular Testing System Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Diagnostic Centers
11.4.3. Clinics
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vestibular Testing System Market Size and Volume Forecast by Type
11.7.1. Videonystagmography (VNG)
11.7.2. Electronystagmography(ENG)
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Vestibular Testing System Demand Share, 2019-2026
12. Asia Pacific Vestibular Testing System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Vestibular Testing System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Vestibular Testing System Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Diagnostic Centers
12.4.3. Clinics
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vestibular Testing System Market Size and Volume Forecast by Type
12.7.1. Videonystagmography (VNG)
12.7.2. Electronystagmography(ENG)
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Vestibular Testing System Demand Share, 2019-2026
13. Middle East & Africa Vestibular Testing System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Vestibular Testing System Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Vestibular Testing System Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Diagnostic Centers
13.4.3. Clinics
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vestibular Testing System Market Size and Volume Forecast by Type
13.7.1. Videonystagmography (VNG)
13.7.2. Electronystagmography(ENG)
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Vestibular Testing System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vestibular Testing System Market: Market Share Analysis
14.2. Vestibular Testing System Distributors and Customers
14.3. Vestibular Testing System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BeOn Solutions
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BioMed Jena
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Natus
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ECLERIS
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Euroclinic Medi-Care Solutions
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Framiral
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. GAES
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Homoth Medizinelektronik
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Interacoustics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Micromedical Technologies
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Nagashima Medical Instruments
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Neuro Kinetics
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Otometrics
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Otopront - Happersberger Otopront
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Recorders & Medicare Systems Pvt Ltd
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. SYNAPSYS
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Techno Concept
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
