Global Otoscope Devices Market is expected to reach USD 591.14 million by 2025 from USD 423.80 million in 2017, at a CAGR of 4.4% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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The global otoscope devices market is highly concentrated to a few big players and rest to local players who cater to domestic markets only. Welch Ally, American Diagnostic Corporation, Orlvision GMBH, Heine USA LTD, Rudolf Riester GMBH (subsidary of halma plc), Luxamed, Sync Vision, KIRCHNER & WILHELM GMBH +CO. KG, Cupris Health Ltd among others
Established in 1915, Welch Allyn is headquartered in New York. U.S. The Company is identified to be one of the universal manufacturers of medical diagnostic equipment that offers an extensive range of connected solutions. Welch Allyn has five product categories, for instance, physical assessment, vital signs monitoring, diagnostic cardiopulmonary, software & services, and thermometry. It is further classified into different products such as an ophthalmoscope, stethoscope, otoscope, medical thermometer, and sphygmomanometer. Clinicians’ offices, hospitals, clinics, community health centers, and medical schools are the major markets this company caters to. Moreover, it has its research and development (R&D) center at Gemini Drive, Beaverton, U.S. and is assumed to have its presence in 26 countries globally
In 2014, Hill-Rom, a leading manufacturer of hospital beds, patient lifting systems, and surgical supplies, had announced that it will acquire Welch Allyn, which is a maker of diagnostic devices and vital signs monitoring equipment, for $2.05 billion in cash and stock. The deal diversifies Hill-Rom's portfolio to include point-of-care diagnostics, and it allows Welch Allyn to reach more geographic markets.
AMERICAN DIAGNOSTIC CORPORATION:
American Diagnostic Corporation (ADC) is one of the chief manufacturers of diagnostic medical products, personal instruments, and accessories in the healthcare market. The company was founded in 1984 and is located in New York. Its key brand labels include ADC, Medicut, Adscope, Proscope, Diagnostix, Prosphyg, and Adtemp. Other vital brands encompass Multikuf, Adlite, Pocket Pal, Responder, Adcuff, System 5, E-Sphyg, and And Adimals. Furthermore, the company holds widespread presence across the globe and has research and development (R&D) hubs in areas including London, England, Tokyo, Japan, Europe and in many regions of Asia Pacific. American Diagnostic Corporation’s Significant end-users consist of acute care, alternate site, nursing, extended care, student, and EMS markets.
In 2014, ADC Ningbo facility become an FDA registered facility. The FDA registration of the products will lead to acceptance of the product globally and are recognised safe for use thus leading to easy export of the products worldwide leading to increase in the customer base
KIRCHNER & WILHELM GMBH +CO. KG:
Founded in 1890 and headquartered in Asperg, Germany, Kirchner & Wilhelm GmbH + Co. KG manufactures medical equipment. Its major product categories are general diagnostics, heart circulation diagnostics, medical lighting, endoscopes, and accessories. In addition, the company’s key products consist of otoscopes, ophthalmoscopes, dermatoscopes, diagnostic sets, laryngoscopes, blood pressure monitors, swiSto3 iontophoresis device and many more.
Global Otoscope Devices Market – Industry Trends and Forecast to 2027
North America Otoscope Devices Market- Industry Trends and Forecast to 2025
Europe Otoscope Devices Market- Industry Trends and Forecast to 2025
Asia-Pacific Otoscope Devices Market- Industry Trends and Forecast to 2025