Press Release

Saudi Arabia ENT Devices Market to grow with a CAGR of 7.78%

Increasing healthcare infrastructure and a supportive regulatory environment are the major drivers for the Saudi Arabia ENT Devices Market.

 

According to TechSci Research report, “Saudi Arabia ENT Devices Market Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2018-2028”, Saudi Arabia ENT Devices Market has valued at USD 385.65 million in 2022 and is anticipated to witness an impressive growth in the forecast period with a CAGR of 7.78% through 2028. This can be due to collaborations and partnerships among leading companies with a diverse approach to merge the expertise of individual companies and to strengthen their position in the market.

  Healthcare access expansion is a significant driver of the demand for ENT (Ear, Nose, and Throat) devices. When healthcare services become more accessible, patients are more likely to seek medical evaluation for ENT conditions. This leads to an increased number of diagnoses, driving the demand for diagnostic ENT devices, such as endoscopes and imaging equipment. Access to healthcare facilities and specialists allows for early intervention in the case of ENT conditions. Early detection and treatment often lead to better outcomes, and this can involve the use of various ENT devices for effective treatment. Expanding access to audiology and hearing health services ensures that individuals with hearing loss or related conditions can receive timely assessments and recommendations for hearing aids and assistive listening devices. For chronic ENT conditions, such as chronic sinusitis and allergies, access to specialists and treatment facilities is crucial. Patients with ongoing symptoms may require ENT devices to manage their conditions effectively.

The expansion of telehealth services allows patients to consult with ENT specialists remotely, improving access to expert care. Tele-audiology services also enable patients to receive assessments and recommendations for hearing devices. Healthcare access expansion is particularly beneficial in rural and underserved areas. ENT conditions can affect individuals in these regions just as much as in urban areas, and improved access ensures that they have access to the necessary devices and treatments.

 

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In March 2023, Dallah Hospital Namar in Riyadh is a prominent healthcare facility known for its integrated healthcare services catering to ENT (Ear, Nose, and Throat) patients. The hospital is dedicated to delivering high-quality medical care with a strong commitment to professionalism and teamwork. They uphold the responsibility of providing healthcare services at the highest standard, aligning with advanced industry norms. The hospital places the diverse needs of its patients from all social backgrounds at the forefront of its priorities. It operates with a patient-centred approach, ensuring effective medical services that meet the expectations of both the individual patient and society. The ENT clinic at Dallah Hospital Namar specializes in the treatment of vocal cord and sinus infections using endoscopic techniques. It also offers therapies for middle ear infections, tonsillitis cases, and chronic ear infections. The clinic provides comprehensive diagnostic and therapeutic services for patients of all ages, addressing various acute and chronic conditions.

Reimbursement policies present a challenge in the Saudi Arabia ENT (Ear, Nose, and Throat) Devices Market. Reimbursement policies can be complex and vary among different healthcare providers and insurance companies. This can create uncertainty for patients and healthcare providers regarding which ENT devices are covered and to what extent. Some ENT devices may not be fully covered by reimbursement policies or may have limited coverage, leaving patients to bear a significant portion of the costs. This can deter patients from pursuing certain devices or treatments. Reimbursement policies often require a lengthy approval and authorization process. This can delay patient access to necessary ENT devices, which may be especially problematic for conditions requiring timely intervention. For certain ENT devices, prior authorization from insurance providers may be required. This can be a time-consuming process that delays treatment and device procurement. The criteria used by insurance companies to determine coverage for ENT devices can vary, leading to inconsistencies in access to care. This can be challenging for patients and healthcare providers who must navigate these differences.

Saudi Arabia ENT Devices Market is segmented based on Type, End-User, and by region.

Based on the Type, Saudi Arabia ENT Devices Market is segmented into Diagnostic Devices, Surgical Devices, Hearing Aid Devices, Hearing Implants, Nasal Splints, Others. Nasal splints are medical devices designed to provide support and stabilization to the nasal structures, particularly the nasal septum, which is the wall of cartilage and bone that separates the two nostrils. They are commonly used in the field of Otorhinolaryngology (ENT) to treat and manage various conditions that affect the nose and nasal passages. Nasal splints can be made from different materials, including silicone, plastic, or absorbable materials, and come in various shapes and sizes to suit the specific needs of the patient. Nasal splints are inserted into the nostrils, where they help maintain the correct position of the nasal septum and other nasal structures. They provide stability, prevent displacement, and promote optimal healing. Nasal splints can be made from various materials. Silicone splints are often used for their flexibility and comfort. Absorbable splints gradually dissolve over time, eliminating the need for removal after surgery. Plastic or rigid splints may be used in specific cases.

Based on Region, Northern & Central region held the largest share in the Saudi Arabia ENT Devices Market. The Saudi government has been focusing on developing healthcare infrastructure in these regions, with significant investments in medical facilities, research centers, and specialized healthcare services, further driving the demand for ENT devices. Saudi Arabia attracts medical tourists, and many of these visitors seek specialized healthcare services in the Northern and Central regions. This international patient influx can stimulate demand for ENT devices. ENT specialists and clinics are more prevalent in these regions, which naturally increases the utilization of ENT devices. Patients often seek treatment from these specialists for various ear, nose, and throat conditions.

 

Some of the major companies operating in the Saudi Arabia ENT Devices Market include:

  • Olympus Corporation
  • Medtronic Saudi Arabia Plc.
  • Basha Medical Group
  • Attieh Medico Ltd
  • KARL STORZ SE & Co. KG
  • Smith & Nephew Saudi Arabia Plc

 

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“Certain areas, particularly in North America, are projected to exert significant demand for ENT Devices. The growth in the competitive landscape and the presence of well-established companies in the market, committed to enhance the overall wellbeing of people each year, are expected to contribute to a remarkable growth of the Saudi Arabia ENT Devices Market in the forecast period," said Mr. Karan Chechi, Research Director with TechSci Research, a research-based Global management consulting firm.

Saudi Arabia ENT Devices Market by Type (Diagnostic Devices, Surgical Devices, Hearing Aid Devices, Hearing Implants, Nasal Splints, Others), By End User (Hospitals, ENT Clinics, Ambulatory Care Settings, Others), By Region, By Competition Forecast & Opportunities, 2018-2028F has evaluated the future growth potential of Saudi Arabia ENT Devices Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide innovative market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia ENT Devices Market.

 

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