The otologic drill is one of the most important tools for otology procedures. It is controlled by the operating surgeon and its use requires a high degree of coordination of hand and foot controls to ensure safe and precise bone removal. The Western Europe otology drill product market is anticipated to grow with a CAGR of 6.8% during 2020-2029. Factors such as the surge in prevalence of otologic diseases, such as Bell’s Palsy, mastoiditis, otitis media, cholesteatoma, and others in the region, followed by the growing prevalence of hearing-related diseases, and the growing number of ear surgeries, are expected to accelerate the market growth in the coming years. The market is estimated to garner a revenue of near to USD 78320 Thousand by the end of 2029, up from a revenue of about USD 43490 Thousand in 2020.
The Western Europe otology drill product market is segmented by numerous segments, which include segmentation by device type, procedure, end-user, and by region. On the basis of end-user, the market is segmented into hospital, ambulatory surgery centers, and individual clinics, out of which, the hospital segment garnered the largest revenue of around USD 22910 Thousand in the year 2020, and further cross USD 41480 Thousand by the end of 2029.
The market is further segmented by country into Austria, Belgium, Denmark, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Netherlands, Norway, Portugal, Switzerland, Sweden, Spain, the United Kingdom, and the Rest of Western Europe, out of which, the market in Germany registered the largest market revenue of close to USD 9000 Thousand in the year 2020, and is further expected to reach a revenue of about USD 17180 Thousand by the end of 2029, by growing with the highest CAGR of 7% approximately during the forecast period.
Some of the prominent industry leaders in the Western Europe otology drill product market that are included in our report are Stryker Corporation, KARL STORZ, Olympus Corporation, Bien-Air Surgery SA, DePuy Synthes (Johnson & Johnson), and others.
The Western Europe otology drill product market is segmented by numerous segments, which include segmentation by device type, procedure, end-user, and by region. On the basis of end-user, the market is segmented into hospital, ambulatory surgery centers, and individual clinics, out of which, the hospital segment garnered the largest revenue of around USD 22910 Thousand in the year 2020, and further cross USD 41480 Thousand by the end of 2029.
The market is further segmented by country into Austria, Belgium, Denmark, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Netherlands, Norway, Portugal, Switzerland, Sweden, Spain, the United Kingdom, and the Rest of Western Europe, out of which, the market in Germany registered the largest market revenue of close to USD 9000 Thousand in the year 2020, and is further expected to reach a revenue of about USD 17180 Thousand by the end of 2029, by growing with the highest CAGR of 7% approximately during the forecast period.
Some of the prominent industry leaders in the Western Europe otology drill product market that are included in our report are Stryker Corporation, KARL STORZ, Olympus Corporation, Bien-Air Surgery SA, DePuy Synthes (Johnson & Johnson), and others.
Table of Contents
1. Introduction
3. Research Methodology
5. Analysis of Market Dynamics
8. Competitive Landscape
10. Country Profile
Companies Mentioned
- Stryker Corporation
- KARL STORZ
- Olympus Corporation
- Bien-Air Surgery SA
- DePuy Synthes (Johnson & Johnson)
