Nasopharyngoscope Market Size Estimates and Forecasts by Region, Growth Rate and Trend Analysis by Types and Application 2020 to 2030

Nasopharyngoscope is an Instrument that consist of eyepiece, lens and light source that is used to insert in the nasopharynx of the patients. Nasopharynx endoscopy or nasopharyngoscopy is a medical diagnostic procedure and is performed to diagnose and detect abnormalities in the nasal area. Some Nasopharyngoscope are also equipped with forceps and suction used to clear the sinus cavities for clear examination. Nasopharyngoscopy is a minimally invasive procedure wherein the doctor will introduce the scope under local anesthesia or mild sedation. Nasopharyngoscopy is advantageous as they provide the direct view to examine the Nasal cavity, throat, and larynx, vocal cord whether they are moving properly or not and to examine the respiratory tract. Nasopharyngoscope is widely used as a diagnostic equipment to examine any nasal obstruction, viewing for abnormal growth, bleeding from the nasal cavity and in biopsy procedure. Nasopharyngoscope is also used to diagnose the cause of obstructive sleep apnoea. Nasopharyngoscope are available in different sizes ranges from 1.9 mm to 6 mm for paediatrics and adults respectively. This scope will be inserted by applying lubrication gel on it. Nasopharyngoscopy is usually performed by an ENT specialist or otolaryngologist during sinusitis. Considering all this, various complications are associated with the use of nasopharyngoscope such as bleeding, laceration, vomiting, respiratory collapse and some other.

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Nasopharyngoscope Market: Drivers and Restraints

The Nasopharyngoscope market is primarily driven by increase in number of incidence and prevalence of sinusitis among children, teenagers, adults as well as elderly population. In addition to this, factors such as rapidly growing elderly population, adoption of minimally invasive procedure, and favourable reimbursement policies are also stimulating the market growth over the forecast period. Moreover, increase in number nasopharyngeal cancer and epistaxis cases at the global level will further increase the market potential for nasopharyngoscope. However, complications associated with the use of nasopharyngoscope such as bleeding, and other respiratory disorders will impede the market growth. Moreover, high cost of the instrument, lack of skilled professionals and complexity concerns are some factors that will hamper the market growth over the coming years.

Nasopharyngoscope Market: Overview

Nasopharyngoscope market is expected to boost in terms of revenue over the forecast period due to its use in wide variety of indications. Chronic sinusitis is the condition which is considered top 10 among all the other medical conditions that require the use of nasopharyngoscope. According to Centers of Disease control and Prevention (CDC) 28.9 million adults (11.6 %) are diagnosed with sinusitis with 4.1 million visits to physician who were diagnosed with chronic sinusitis. Also, since its introduction in 1930 various more technological advancement has been done in recent years to drive the market growth and to improve the market potential. Among end user Hospital segment is expected to hold the major revenue share due to its more use in hospitals.

Nasopharyngoscope Market: Regional Overview

Globally, global nasopharyngoscope market is segmented into seven key regions viz.  North America, Latin America, Europe, South Asia, East Asia, Oceania and Middle East & Africa. North America is expected to hold the largest revenue share among all region. After North America , Europe is anticipated to hold the next major revenue share owing to the increasing demand for minimally invasive procedures. Asia Pacific is the emerging market as the health infrastructure is improving in this region will contribute to hold the revenue share over the forecast period. Countries like Middle East and Africa will show a least lucrative growth due to poor health infrastructure and poor reimbursement policies in these regions.

Nasopharyngoscope Market: Key Players

Examples of some market participants in nasopharyngoscope market are, XION GmbH, , Inventis Srl, Hipp Endoskop Service GmbH, Optim LLC Anthony Products, Inc., Olympus Corporation, Machida, Inc., Pentax Medical (Hoya Corporation), Jedmed instrument Company, Xi’an Landcom Digital Medical Sci-Tech Co. Ltd., ATMOS MedizinTechnik GmbH & Co. KG, and Ambu A/S

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