The Business Research Company’s Ear Infection Global Market Report 2024 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Ear Infection Global Market Report 2023 evaluates ear infection market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global ear infection market is expected to grow from $12.12 billion in 2023 to $12.82 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to antibiotic use, pediatric population growth, ear tube insertions, improvements in diagnosis. The ear infection market size is expected to see strong growth in the next few years. It will grow to $16.16 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%.
The increasing prevalence of hearing loss is expected to propel the growth of the ear infection market going forward. Hearing loss refers to a partial or complete loss of hearing that cause damage to the vestibulocochlear nerve, outer, middle, or inner ear. Ear infections cause severe hearing loss due to infectious fluid in the middle ear, which can lead to permanent hearing loss or damage to ear drum. For instance, in March 2022, according to the World Health Organization, a Switzerland-based specialized agency for international public health, in America, around 217 million have hearing loss, which represents 21.52% of the population in 2022 and it is expected to increase to 322 million by 2050. Further, in May 2023, according to the European Hearing Instrument Manufacturers Association, a Europe-based manufacturer of hearing instruments, global hearing aids sales increased by 37% from 14.12 million in 2020 to 19.34 million in 2021. Therefore, the rising prevalence rate of ear infections will drive the ear infection market.
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The ear infection market segments in the report are:
1) By Type: Middle Ear, Outer Ear, Inner Ear
2) By Pathogen: Bacteria, Virus
3) By Treatment Type: Medication, Antibiotics, Analgesics, Antiviral, Surgery, Other Treatment Type
4) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Other Distribution Channels
5) By End-User: Hospitals, Specialty Clinics, Homecare, Other End-Users
The table of contents in TBRC’s ear infection market report includes:
- Executive Summary
- Ear Infection Market Characteristics
- Ear Infection Market Trends And Strategies
- Ear Infection Market – Macro Economic Scenario
- Global Ear Infection Market Size and Growth
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- Global Ear Infection Market Competitive Benchmarking
- Global Ear Infection Market Competitive Dashboard
- Key Mergers And Acquisitions In The Ear Infection Market
- Ear Infection Market Future Outlook and Potential Analysis
- Appendix
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