Press release content from BusinessWire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from BusinessWire
Press release content from BusinessWire. The AP news staff was not involved in its creation.

Otoscopes - Growing Demand for LED Otoscopes is an Emerging Trend| Technavio

May 17, 2018
Technavio has published a new market research report on the global otoscopes market from 2018-2022. (Graphic: Business Wire)

LONDON--(BUSINESS WIRE)--May 17, 2018--’s latest market research report on the provides an analysis of the most important trends expected to impact the market outlook from 2018-2022.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180517005619/en/

Technavio has published a new market research report on the global otoscopes market from 2018-2022. (Graphic: Business Wire)

According to Technavio market research analysts, the will grow at a CAGR of over 4% during the forecast period. The growing need for diagnosing ear-related ailments coupled with older population is a major factor driving the market’s growth.

Ear diseases frequently lead to pain, discomfort, or even serious hearing impairment. Some of the common ear ailments include Meniere’s disease, which affects inner ear, otomycosis (infection of external ear), tinnitus (characterized by ringing sound in the ears), ear infections caused by bacteria, barotrauma (injury caused by change in air or water pressure), vestibular neuritis (inflammation of inner ear), and cholesteatoma (abnormal growth of skin in the middle ear). Majority of these diseases require otoscopes to examine and treat the condition. Increase in prevalence of these diseases rises the demand for otoscopes, thereby, fueling the market growth.

This report is available at a USD 1,000 discount for a limited time only:

Save more with Technavio. Buy2 reports and get the third for FREE:

In this report, Technavio highlights the growing demand for LED otoscopes as one of the key emerging trends in the global otoscopes market:

Growing demand for LED otoscopes

Players in the market are manufacturing otoscopes using LED as a light source, which is gaining importance among the physicians globally. Earlier halogen, xenon, and incandescent light bulbs are used as a light source in the otoscopes. LED lights do not contain filaments like xenon bulbs and last for much longer time than halogen or incandescent bulbs. The LED source does not get heated up and would require less power to illuminate due to the absence of any filaments. Therefore, they form the effective source of light and highly used for diagnostic and therapeutic purposes.

“The LED comes in a variety of colors such as red, yellow, and green, and most commonly generates bright whitish-blue light. The changes in color are highly used in otoscopy procedure, as the change in illumination improves different ear canal and tympanic membrane structures more clearly,” says a senior analyst at Technavio for research on .

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Global otoscopes market segmentation

This market research report segments the into the following products (pocket otoscopes, full-size otoscopes, and video otoscopes), end-users (hospitals and ENT clinics), and key regions (the Americas, APAC, and EMEA).

The pocket otoscopes segment held the largest market share in 2017, accounting for nearly 40% of the market. The market share for this product is expected to decrease by 2022. The fastest growing product is video otoscopes, which will account for nearly 28% of the total market share by 2022.

The Americas was the leading region for the global otoscopes market in 2017, accounting for a market share of nearly 45%. By 2022, APAC is expected to register the highest growth rate of nearly 2%.

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at .

View source version on businesswire.com:https://www.businesswire.com/news/home/20180517005619/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200




SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 05/17/2018 07:04 AM/DISC: 05/17/2018 07:04 AM


All contents © copyright 2019 The Associated Press.All rights reserved.