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Global Otoscopes Market to Reach $204.4 Million by 2027

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New York, July 16, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Otoscopes Industry” – https://www.reportlinker.com/p05896567/?utm_source=GNW
5 Million in the year 2020, is projected to reach a revised size of US$204.4 Million by 2027, growing at a CAGR of 3.2% over the analysis period 2020-2027. Pocket-size Otoscopes, one of the segments analyzed in the report, is projected to record a 2.9% CAGR and reach US$89.4 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Full-size Otoscopes segment is readjusted to a revised 3.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $57.4 Million, While China is Forecast to Grow at 5.5% CAGR

The Otoscopes market in the U.S. is estimated at US$57.4 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$14.8 Million by the year 2027 trailing a CAGR of 5.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR.

Video Otoscopes Segment to Record 3.7% CAGR

In the global Video Otoscopes segment, USA, Canada, Japan, China and Europe will drive the 3.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$24.4 Million in the year 2020 will reach a projected size of US$30.9 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$16.9 Million by the year 2027, while Latin America will expand at a 4.8% CAGR through the analysis period.

Select Competitors (Total 50 Featured)

  • Adam,Rouilly Limited
  • AIIM GmbH
  • Albert Waeschle Ltd. (Opticlar)
  • AMD Global Telemedicine, Inc.
  • AME WORLDWIDE
  • American Diagnostic Corporation
  • Arno Barthelmes Zella-Mehlis GmbH
  • AUG MEDICAL
  • Bosch + Sohn GmbH u. Co. KG
  • Cupris Limited
  • Dino-Lite Europe
  • Dr. Mom Otoscopes
  • Endoservice GmbH
  • Fazzini SRL
  • Firefly Global
  • GF Health Products, Inc.
  • GPC Medical Ltd.
  • Happersberger Otopront GmbH
  • HEINE Optotechnik GmbH & Co. KG
  • Henry Schein, Inc.
  • Hill-Rom Holdings, Inc.
  • Honsun Group
  • Interacoustics A/S
  • Inventis srl
  • Keeler
  • Kirchner & Wilhelm GmbH + Co. KG
  • LUXAMED GmbH & CO. KG
  • Maico Diagnostic GmbH
  • Medline Industries, Inc.
  • MedRx Inc.
  • Medstar Co., Ltd.
  • Natus Medical, Inc.
  • Oaktree Products, Inc.
  • Olympus Corporation
  • OPTOMIC Espana S.A.
  • Orlvision Gmbh
  • Prestige Medical
  • RA Block Diagnostics
  • RF Co.
  • Rudolf Riester GmbH & Co. KG
  • Sklar Surgical Instruments
  • SOS Group Global Ltd.
  • Spengler Instruments
  • Spirit Medical Co., Ltd.
  • SyncVision Technology Corporation
  • Timesco Healthcare Ltd.
  • Videomed Zaklad Elektroniczny
  • Vitalitaet Medtech Co., Ltd.
  • XION GmbH
  • Zumax Medical Co., Ltd.

Read the full report: https://www.reportlinker.com/p05896567/?utm_source=GNW

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Otoscopes – A Prelude
Impact of COVID-19 on Otoscopes Market
Rising Incidence of Hearing Loss to Drive the Global Otoscopes
Market in the Long-Term
A Snapshot of Global Hearing Loss Statistics
Table 1: Number of People with Disabling Hearing Loss Worldwide
in Million for the Years 2015 to 2050
EXHIBIT 1: Distribution of Disabling Hearing Loss Worldwide: 2018
EXHIBIT 2: World Hearing Loss Population Breakdown by Severity:
2018
US and Europe Dominate the Global Otoscopes Market
Emerging Markets – Underpenetrated with Immense Growth Potential
Pocket Otoscopes to Drive Market Growth
Video Otoscopes Market Witnesses Rapid Growth
Technological Advancements to Drive the Growth of Otoscopes Market
Recent Innovations/New Product Launches

2. FOCUS ON SELECT PLAYERS
Recent Market Activity

3. MARKET TRENDS & DRIVERS
COVID-19 Expands Use of Smartphone-Enabled Otoscopes in
Otolaryngology
Increasing Cases of Hearing Loss Emphasize Urgent Need to Raise
Awareness
Disabling, Untreated Hearing Loss Holds Startling Economic and
Societal Costs
WHO Urges Governments to Curb Rising Cases of Hearing Impairment
WHO-ITU Issues New Standard for Preventing Hearing Loss in
Young Individuals
Burgeoning Geriatric Population and Rising Prevalence of Age-
Related Hearing Loss – A Key Demand Driver for Otoscopes
EXHIBIT 4: Global Population Statistics for the 65+ Age Group
in Million by Geographic Region for the Years 2019, 2025, 2035
and 2050
Increasing Hearing Impairment among Younger Population and
Children
Table 6: Percentage Share of Disabling Hearing Loss Population
Worldwide by Category: 2018
Uptrend in Healthcare Expenditure Creates Substantial
Opportunities
World Healthcare Expenditure (In US$ Trillion) for the Years
2019, 2021 & 2023
AI-Powered Otoscopy Represents Latest Buzzword with Potential
to Improve Access to ENT & Audiology Services in Remote Areas
Increasing Role of Artificial Intelligence for Otoscopy
Technological Advancements
University of Washington Develops Smartphone Application to
Detect Eardrum Fluid
Digital Otoscopes Improves Diagnosis and Treatment of Acute
Otitis Media
Otoscopes for Home Use Allow Early Detection of Ear Infection
Researchers Develop Ultrasound Otoscope for Accurate Diagnosis
of Middle Ear Infections
A Prelude into Select Available Otoscopes
Home Digital Otoscopes
DESPATCH Wireless Otoscope
Teslong Otoscope
Anykit USB Otoscope-Ear Scope Camera

4. GLOBAL MARKET PERSPECTIVE
Table 1: World Current & Future Analysis for Otoscopes by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Thousand for Years
2020 through 2027 and % CAGR

Table 2: World Historic Review for Otoscopes by Geographic
Region – USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets – Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 and
% CAGR

Table 3: World 15-Year Perspective for Otoscopes by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa Markets for Years 2012, 2020 & 2027

Table 4: World Current & Future Analysis for Pocket-size
Otoscopes by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets – Independent Analysis of Annual Sales in US$ Thousand
for Years 2020 through 2027 and % CAGR

Table 5: World Historic Review for Pocket-size Otoscopes by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 6: World 15-Year Perspective for Pocket-size Otoscopes by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2012, 2020 & 2027

Table 7: World Current & Future Analysis for Full-size
Otoscopes by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets – Independent Analysis of Annual Sales in US$ Thousand
for Years 2020 through 2027 and % CAGR

Table 8: World Historic Review for Full-size Otoscopes by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 9: World 15-Year Perspective for Full-size Otoscopes by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2012, 2020 & 2027

Table 10: World Current & Future Analysis for Video Otoscopes
by Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Thousand for Years
2020 through 2027 and % CAGR

Table 11: World Historic Review for Video Otoscopes by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 12: World 15-Year Perspective for Video Otoscopes by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2012, 2020 & 2027

Table 13: World Current & Future Analysis for Hospitals by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Thousand for Years
2020 through 2027 and % CAGR

Table 14: World Historic Review for Hospitals by Geographic
Region – USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets – Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 and
% CAGR

Table 15: World 15-Year Perspective for Hospitals by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa for Years 2012, 2020 & 2027

Table 16: World Current & Future Analysis for ENT Clinics by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Thousand for Years
2020 through 2027 and % CAGR

Table 17: World Historic Review for ENT Clinics by Geographic
Region – USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets – Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 and
% CAGR

Table 18: World 15-Year Perspective for ENT Clinics by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2012, 2020 & 2027

Table 19: World Current & Future Analysis for Other End-Uses by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Thousand for Years
2020 through 2027 and % CAGR

Table 20: World Historic Review for Other End-Uses by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 21: World 15-Year Perspective for Other End-Uses by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2012, 2020 & 2027

III. MARKET ANALYSIS

UNITED STATES
Demographic Dynamics of Hearing Loss & Tinnitus
EXHIBIT 3: Hearing Impaired Population in the US for Years
2000-2020
US Represents Leading Market for Otoscopes
EXHIBIT 4: Distribution of Hearing Loss by Type
Aging Population Drives Hearing Loss Prevalence
Table 70: US Elderly Population: Expected Growth Rates Over the
Years 2005-2030
EXHIBIT 5: Percentage Breakdown of Severe to Profound Hearing
Impaired Population in the US by Age Group: 2020E
Children and Youth Population Record Increasing Hearing Loss
EXHIBIT 6: Hearing Loss Prevalence in the US by Age Group:
(2020E): Percentage of Individuals with Hearing Loss Relative
to the General Population
Undetected and Untreated Hearing Loss – A Chronic Issue
Rise in Occupation-Related Hearing Impairments Drive Market Growth
EXHIBIT 7: Average Hearing Loss Incidence Induced in
Individuals at Age 50 Years due to High Noise Exposure at
Workplace
Table 22: USA Current & Future Analysis for Otoscopes by
Product – Pocket-size Otoscopes, Full-size Otoscopes and Video
Otoscopes – Independent Analysis of Annual Sales in US$
Thousand for the Years 2020 through 2027 and % CAGR

Table 23: USA Historic Review for Otoscopes by Product –
Pocket-size Otoscopes, Full-size Otoscopes and Video Otoscopes
Markets – Independent Analysis of Annual Sales in US$ Thousand
for Years 2012 through 2019 and % CAGR

Table 24: USA 15-Year Perspective for Otoscopes by Product –
Percentage Breakdown of Value Sales for Pocket-size Otoscopes,
Full-size Otoscopes and Video Otoscopes for the Years 2012,
2020 & 2027

Table 25: USA Current & Future Analysis for Otoscopes by
End-Use – Hospitals, ENT Clinics and Other End-Uses –
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 26: USA Historic Review for Otoscopes by End-Use –
Hospitals, ENT Clinics and Other End-Uses Markets – Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 27: USA 15-Year Perspective for Otoscopes by End-Use –
Percentage Breakdown of Value Sales for Hospitals, ENT Clinics
and Other End-Uses for the Years 2012, 2020 & 2027

CANADA
Table 28: Canada Current & Future Analysis for Otoscopes by
Product – Pocket-size Otoscopes, Full-size Otoscopes and Video
Otoscopes – Independent Analysis of Annual Sales in US$
Thousand for the Years 2020 through 2027 and % CAGR

Table 29: Canada Historic Review for Otoscopes by Product –
Pocket-size Otoscopes, Full-size Otoscopes and Video Otoscopes
Markets – Independent Analysis of Annual Sales in US$ Thousand
for Years 2012 through 2019 and % CAGR

Table 30: Canada 15-Year Perspective for Otoscopes by Product –
Percentage Breakdown of Value Sales for Pocket-size Otoscopes,
Full-size Otoscopes and Video Otoscopes for the Years 2012,
2020 & 2027

Table 31: Canada Current & Future Analysis for Otoscopes by
End-Use – Hospitals, ENT Clinics and Other End-Uses –
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 32: Canada Historic Review for Otoscopes by End-Use –
Hospitals, ENT Clinics and Other End-Uses Markets – Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 33: Canada 15-Year Perspective for Otoscopes by End-Use –
Percentage Breakdown of Value Sales for Hospitals, ENT Clinics
and Other End-Uses for the Years 2012, 2020 & 2027

JAPAN
Table 34: Japan Current & Future Analysis for Otoscopes by
Product – Pocket-size Otoscopes, Full-size Otoscopes and Video
Otoscopes – Independent Analysis of Annual Sales in US$
Thousand for the Years 2020 through 2027 and % CAGR

Table 35: Japan Historic Review for Otoscopes by Product –
Pocket-size Otoscopes, Full-size Otoscopes and Video Otoscopes
Markets – Independent Analysis of Annual Sales in US$ Thousand
for Years 2012 through 2019 and % CAGR

Table 36: Japan 15-Year Perspective for Otoscopes by Product –
Percentage Breakdown of Value Sales for Pocket-size Otoscopes,
Full-size Otoscopes and Video Otoscopes for the Years 2012,
2020 & 2027

Table 37: Japan Current & Future Analysis for Otoscopes by
End-Use – Hospitals, ENT Clinics and Other End-Uses –
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 38: Japan Historic Review for Otoscopes by End-Use –
Hospitals, ENT Clinics and Other End-Uses Markets – Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 39: Japan 15-Year Perspective for Otoscopes by End-Use –
Percentage Breakdown of Value Sales for Hospitals, ENT Clinics
and Other End-Uses for the Years 2012, 2020 & 2027

CHINA
Table 40: China Current & Future Analysis for Otoscopes by
Product – Pocket-size Otoscopes, Full-size Otoscopes and Video
Otoscopes – Independent Analysis of Annual Sales in US$
Thousand for the Years 2020 through 2027 and % CAGR

Table 41: China Historic Review for Otoscopes by Product –
Pocket-size Otoscopes, Full-size Otoscopes and Video Otoscopes
Markets – Independent Analysis of Annual Sales in US$ Thousand
for Years 2012 through 2019 and % CAGR

Table 42: China 15-Year Perspective for Otoscopes by Product –
Percentage Breakdown of Value Sales for Pocket-size Otoscopes,
Full-size Otoscopes and Video Otoscopes for the Years 2012,
2020 & 2027

Table 43: China Current & Future Analysis for Otoscopes by
End-Use – Hospitals, ENT Clinics and Other End-Uses –
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 44: China Historic Review for Otoscopes by End-Use –
Hospitals, ENT Clinics and Other End-Uses Markets – Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 45: China 15-Year Perspective for Otoscopes by End-Use –
Percentage Breakdown of Value Sales for Hospitals, ENT Clinics
and Other End-Uses for the Years 2012, 2020 & 2027

EUROPE
Strong Growth Potential for Otoscopes
Table 94: Percentage Adoption Rate of Hearing Impaired in
Select European Countries: 2020E

Table 46: Europe Current & Future Analysis for Otoscopes by
Geographic Region – France, Germany, Italy, UK, Spain, Russia
and Rest of Europe Markets – Independent Analysis of Annual
Sales in US$ Thousand for Years 2020 through 2027 and % CAGR

Table 47: Europe Historic Review for Otoscopes by Geographic
Region – France, Germany, Italy, UK, Spain, Russia and Rest of
Europe Markets – Independent Analysis of Annual Sales in US$
Thousand for Years 2012 through 2019 and % CAGR

Table 48: Europe 15-Year Perspective for Otoscopes by
Geographic Region – Percentage Breakdown of Value Sales for
France, Germany, Italy, UK, Spain, Russia and Rest of Europe
Markets for Years 2012, 2020 & 2027

Table 49: Europe Current & Future Analysis for Otoscopes by
Product – Pocket-size Otoscopes, Full-size Otoscopes and Video
Otoscopes – Independent Analysis of Annual Sales in US$
Thousand for the Years 2020 through 2027 and % CAGR

Table 50: Europe Historic Review for Otoscopes by Product –
Pocket-size Otoscopes, Full-size Otoscopes and Video Otoscopes
Markets – Independent Analysis of Annual Sales in US$ Thousand
for Years 2012 through 2019 and % CAGR

Table 51: Europe 15-Year Perspective for Otoscopes by Product –
Percentage Breakdown of Value Sales for Pocket-size Otoscopes,
Full-size Otoscopes and Video Otoscopes for the Years 2012,
2020 & 2027

Table 52: Europe Current & Future Analysis for Otoscopes by
End-Use – Hospitals, ENT Clinics and Other End-Uses –
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 53: Europe Historic Review for Otoscopes by End-Use –
Hospitals, ENT Clinics and Other End-Uses Markets – Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 54: Europe 15-Year Perspective for Otoscopes by End-Use –
Percentage Breakdown of Value Sales for Hospitals, ENT Clinics
and Other End-Uses for the Years 2012, 2020 & 2027

FRANCE
Table 55: France Current & Future Analysis for Otoscopes by
Product – Pocket-size Otoscopes, Full-size Otoscopes and Video
Otoscopes – Independent Analysis of Annual Sales in US$
Thousand for the Years 2020 through 2027 and % CAGR

Table 56: France Historic Review for Otoscopes by Product –
Pocket-size Otoscopes, Full-size Otoscopes and Video Otoscopes
Markets – Independent Analysis of Annual Sales in US$ Thousand
for Years 2012 through 2019 and % CAGR

Table 57: France 15-Year Perspective for Otoscopes by Product –
Percentage Breakdown of Value Sales for Pocket-size Otoscopes,
Full-size Otoscopes and Video Otoscopes for the Years 2012,
2020 & 2027

Table 58: France Current & Future Analysis for Otoscopes by
End-Use – Hospitals, ENT Clinics and Other End-Uses –
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 59: France Historic Review for Otoscopes by End-Use –
Hospitals, ENT Clinics and Other End-Uses Markets – Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 60: France 15-Year Perspective for Otoscopes by End-Use –
Percentage Breakdown of Value Sales for Hospitals, ENT Clinics
and Other End-Uses for the Years 2012, 2020 & 2027

GERMANY
Table 61: Germany Current & Future Analysis for Otoscopes by
Product – Pocket-size Otoscopes, Full-size Otoscopes and Video
Otoscopes – Independent Analysis of Annual Sales in US$
Thousand for the Years 2020 through 2027 and % CAGR

Table 62: Germany Historic Review for Otoscopes by Product –
Pocket-size Otoscopes, Full-size Otoscopes and Video Otoscopes
Markets – Independent Analysis of Annual Sales in US$ Thousand
for Years 2012 through 2019 and % CAGR

Table 63: Germany 15-Year Perspective for Otoscopes by Product –
Percentage Breakdown of Value Sales for Pocket-size
Otoscopes, Full-size Otoscopes and Video Otoscopes for the
Years 2012, 2020 & 2027

Table 64: Germany Current & Future Analysis for Otoscopes by
End-Use – Hospitals, ENT Clinics and Other End-Uses –
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 65: Germany Historic Review for Otoscopes by End-Use –
Hospitals, ENT Clinics and Other End-Uses Markets – Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 66: Germany 15-Year Perspective for Otoscopes by End-Use –
Percentage Breakdown of Value Sales for Hospitals, ENT
Clinics and Other End-Uses for the Years 2012, 2020 & 2027

ITALY
Table 67: Italy Current & Future Analysis for Otoscopes by
Product – Pocket-size Otoscopes, Full-size Otoscopes and Video
Otoscopes – Independent Analysis of Annual Sales in US$
Thousand for the Years 2020 through 2027 and % CAGR

Table 68: Italy Historic Review for Otoscopes by Product –
Pocket-size Otoscopes, Full-size Otoscopes and Video Otoscopes
Markets – Independent Analysis of Annual Sales in US$ Thousand
for Years 2012 through 2019 and % CAGR

Table 69: Italy 15-Year Perspective for Otoscopes by Product –
Percentage Breakdown of Value Sales for Pocket-size Otoscopes,
Full-size Otoscopes and Video Otoscopes for the Years 2012,
2020 & 2027

Table 70: Italy Current & Future Analysis for Otoscopes by
End-Use – Hospitals, ENT Clinics and Other End-Uses –
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 71: Italy Historic Review for Otoscopes by End-Use –
Hospitals, ENT Clinics and Other End-Uses Markets – Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 72: Italy 15-Year Perspective for Otoscopes by End-Use –
Percentage Breakdown of Value Sales for Hospitals, ENT Clinics
and Other End-Uses for the Years 2012, 2020 & 2027

UNITED KINGDOM
Hearing Loss – A Prevalent Condition in the UK
EXHIBIT 8: Percentage of Hearing Loss Prevalence by Age Group
in the UK: 2020E
Table 73: UK Current & Future Analysis for Otoscopes by Product –
Pocket-size Otoscopes, Full-size Otoscopes and Video
Otoscopes – Independent Analysis of Annual Sales in US$
Thousand for the Years 2020 through 2027 and % CAGR

Table 74: UK Historic Review for Otoscopes by Product –
Pocket-size Otoscopes, Full-size Otoscopes and Video Otoscopes
Markets – Independent Analysis of Annual Sales in US$ Thousand
for Years 2012 through 2019 and % CAGR

Table 75: UK 15-Year Perspective for Otoscopes by Product –
Percentage Breakdown of Value Sales for Pocket-size Otoscopes,
Full-size Otoscopes and Video Otoscopes for the Years 2012,
2020 & 2027

Table 76: UK Current & Future Analysis for Otoscopes by End-Use –
Hospitals, ENT Clinics and Other End-Uses – Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 77: UK Historic Review for Otoscopes by End-Use –
Hospitals, ENT Clinics and Other End-Uses Markets – Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 78: UK 15-Year Perspective for Otoscopes by End-Use –
Percentage Breakdown of Value Sales for Hospitals, ENT Clinics
and Other End-Uses for the Years 2012, 2020 & 2027

SPAIN
Table 79: Spain Current & Future Analysis for Otoscopes by
Product – Pocket-size Otoscopes, Full-size Otoscopes and Video
Otoscopes – Independent Analysis of Annual Sales in US$
Thousand for the Years 2020 through 2027 and % CAGR

Table 80: Spain Historic Review for Otoscopes by Product –
Pocket-size Otoscopes, Full-size Otoscopes and Video Otoscopes
Markets – Independent Analysis of Annual Sales in US$ Thousand
for Years 2012 through 2019 and % CAGR

Table 81: Spain 15-Year Perspective for Otoscopes by Product –
Percentage Breakdown of Value Sales for Pocket-size Otoscopes,
Full-size Otoscopes and Video Otoscopes for the Years 2012,
2020 & 2027

Table 82: Spain Current & Future Analysis for Otoscopes by
End-Use – Hospitals, ENT Clinics and Other End-Uses –
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 83: Spain Historic Review for Otoscopes by End-Use –
Hospitals, ENT Clinics and Other End-Uses Markets – Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 84: Spain 15-Year Perspective for Otoscopes by End-Use –
Percentage Breakdown of Value Sales for Hospitals, ENT Clinics
and Other End-Uses for the Years 2012, 2020 & 2027

RUSSIA
Table 85: Russia Current & Future Analysis for Otoscopes by
Product – Pocket-size Otoscopes, Full-size Otoscopes and Video
Otoscopes – Independent Analysis of Annual Sales in US$
Thousand for the Years 2020 through 2027 and % CAGR

Table 86: Russia Historic Review for Otoscopes by Product –
Pocket-size Otoscopes, Full-size Otoscopes and Video Otoscopes
Markets – Independent Analysis of Annual Sales in US$ Thousand
for Years 2012 through 2019 and % CAGR

Table 87: Russia 15-Year Perspective for Otoscopes by Product –
Percentage Breakdown of Value Sales for Pocket-size Otoscopes,
Full-size Otoscopes and Video Otoscopes for the Years 2012,
2020 & 2027

Table 88: Russia Current & Future Analysis for Otoscopes by
End-Use – Hospitals, ENT Clinics and Other End-Uses –
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 89: Russia Historic Review for Otoscopes by End-Use –
Hospitals, ENT Clinics and Other End-Uses Markets – Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 90: Russia 15-Year Perspective for Otoscopes by End-Use –
Percentage Breakdown of Value Sales for Hospitals, ENT Clinics
and Other End-Uses for the Years 2012, 2020 & 2027

REST OF EUROPE
Table 91: Rest of Europe Current & Future Analysis for
Otoscopes by Product – Pocket-size Otoscopes, Full-size
Otoscopes and Video Otoscopes – Independent Analysis of Annual
Sales in US$ Thousand for the Years 2020 through 2027 and %
CAGR

Table 92: Rest of Europe Historic Review for Otoscopes by
Product – Pocket-size Otoscopes, Full-size Otoscopes and Video
Otoscopes Markets – Independent Analysis of Annual Sales in US$
Thousand for Years 2012 through 2019 and % CAGR

Table 93: Rest of Europe 15-Year Perspective for Otoscopes by
Product – Percentage Breakdown of Value Sales for Pocket-size
Otoscopes, Full-size Otoscopes and Video Otoscopes for the
Years 2012, 2020 & 2027

Table 94: Rest of Europe Current & Future Analysis for
Otoscopes by End-Use – Hospitals, ENT Clinics and Other
End-Uses – Independent Analysis of Annual Sales in US$ Thousand
for the Years 2020 through 2027 and % CAGR

Table 95: Rest of Europe Historic Review for Otoscopes by
End-Use – Hospitals, ENT Clinics and Other End-Uses Markets –
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 96: Rest of Europe 15-Year Perspective for Otoscopes by
End-Use – Percentage Breakdown of Value Sales for Hospitals,
ENT Clinics and Other End-Uses for the Years 2012, 2020 & 2027

ASIA-PACIFIC
Asia-Pacific – a High-Potential Market for Otoscopes
Table 97: Asia-Pacific Current & Future Analysis for Otoscopes
by Geographic Region – Australia, India, South Korea and Rest
of Asia-Pacific Markets – Independent Analysis of Annual Sales
in US$ Thousand for Years 2020 through 2027 and % CAGR

Table 98: Asia-Pacific Historic Review for Otoscopes by
Geographic Region – Australia, India, South Korea and Rest of
Asia-Pacific Markets – Independent Analysis of Annual Sales in
US$ Thousand for Years 2012 through 2019 and % CAGR

Table 99: Asia-Pacific 15-Year Perspective for Otoscopes by
Geographic Region – Percentage Breakdown of Value Sales for
Australia, India, South Korea and Rest of Asia-Pacific Markets
for Years 2012, 2020 & 2027

Table 100: Asia-Pacific Current & Future Analysis for Otoscopes
by Product – Pocket-size Otoscopes, Full-size Otoscopes and
Video Otoscopes – Independent Analysis of Annual Sales in US$
Thousand for the Years 2020 through 2027 and % CAGR

Table 101: Asia-Pacific Historic Review for Otoscopes by
Product – Pocket-size Otoscopes, Full-size Otoscopes and Video
Otoscopes Markets – Independent Analysis of Annual Sales in US$
Thousand for Years 2012 through 2019 and % CAGR

Table 102: Asia-Pacific 15-Year Perspective for Otoscopes by
Product – Percentage Breakdown of Value Sales for Pocket-size
Otoscopes, Full-size Otoscopes and Video Otoscopes for the
Years 2012, 2020 & 2027

Table 103: Asia-Pacific Current & Future Analysis for Otoscopes
by End-Use – Hospitals, ENT Clinics and Other End-Uses –
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 104: Asia-Pacific Historic Review for Otoscopes by
End-Use – Hospitals, ENT Clinics and Other End-Uses Markets –
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 105: Asia-Pacific 15-Year Perspective for Otoscopes by
End-Use – Percentage Breakdown of Value Sales for Hospitals,
ENT Clinics and Other End-Uses for the Years 2012, 2020 & 2027

AUSTRALIA
Table 106: Australia Current & Future Analysis for Otoscopes by
Product – Pocket-size Otoscopes, Full-size Otoscopes and Video
Otoscopes – Independent Analysis of Annual Sales in US$
Thousand for the Years 2020 through 2027 and % CAGR

Table 107: Australia Historic Review for Otoscopes by Product –
Pocket-size Otoscopes, Full-size Otoscopes and Video Otoscopes
Markets – Independent Analysis of Annual Sales in US$ Thousand
for Years 2012 through 2019 and % CAGR

Table 108: Australia 15-Year Perspective for Otoscopes by
Product – Percentage Breakdown of Value Sales for Pocket-size
Otoscopes, Full-size Otoscopes and Video Otoscopes for the
Years 2012, 2020 & 2027

Table 109: Australia Current & Future Analysis for Otoscopes by
End-Use – Hospitals, ENT Clinics and Other End-Uses –
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 110: Australia Historic Review for Otoscopes by End-Use –
Hospitals, ENT Clinics and Other End-Uses Markets – Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 111: Australia 15-Year Perspective for Otoscopes by
End-Use – Percentage Breakdown of Value Sales for Hospitals,
ENT Clinics and Other End-Uses for the Years 2012, 2020 & 2027

INDIA
Hearing Loss in Children More Prevalent in Rural Areas
Table 112: India Current & Future Analysis for Otoscopes by
Product – Pocket-size Otoscopes, Full-size Otoscopes and Video
Otoscopes – Independent Analysis of Annual Sales in US$
Thousand for the Years 2020 through 2027 and % CAGR

Table 113: India Historic Review for Otoscopes by Product –
Pocket-size Otoscopes, Full-size Otoscopes and Video Otoscopes
Markets – Independent Analysis of Annual Sales in US$ Thousand
for Years 2012 through 2019 and % CAGR

Table 114: India 15-Year Perspective for Otoscopes by Product –
Percentage Breakdown of Value Sales for Pocket-size Otoscopes,
Full-size Otoscopes and Video Otoscopes for the Years 2012,
2020 & 2027

Table 115: India Current & Future Analysis for Otoscopes by
End-Use – Hospitals, ENT Clinics and Other End-Uses –
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 116: India Historic Review for Otoscopes by End-Use –
Hospitals, ENT Clinics and Other End-Uses Markets – Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 117: India 15-Year Perspective for Otoscopes by End-Use –
Percentage Breakdown of Value Sales for Hospitals, ENT Clinics
and Other End-Uses for the Years 2012, 2020 & 2027

SOUTH KOREA
Table 118: South Korea Current & Future Analysis for Otoscopes
by Product – Pocket-size Otoscopes, Full-size Otoscopes and
Video Otoscopes – Independent Analysis of Annual Sales in US$
Thousand for the Years 2020 through 2027 and % CAGR

Table 119: South Korea Historic Review for Otoscopes by Product –
Pocket-size Otoscopes, Full-size Otoscopes and Video
Otoscopes Markets – Independent Analysis of Annual Sales in US$
Thousand for Years 2012 through 2019 and % CAGR

Table 120: South Korea 15-Year Perspective for Otoscopes by
Product – Percentage Breakdown of Value Sales for Pocket-size
Otoscopes, Full-size Otoscopes and Video Otoscopes for the
Years 2012, 2020 & 2027

Table 121: South Korea Current & Future Analysis for Otoscopes
by End-Use – Hospitals, ENT Clinics and Other End-Uses –
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 122: South Korea Historic Review for Otoscopes by End-Use –
Hospitals, ENT Clinics and Other End-Uses Markets –
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 123: South Korea 15-Year Perspective for Otoscopes by
End-Use – Percentage Breakdown of Value Sales for Hospitals,
ENT Clinics and Other End-Uses for the Years 2012, 2020 & 2027

REST OF ASIA-PACIFIC
Table 124: Rest of Asia-Pacific Current & Future Analysis for
Otoscopes by Product – Pocket-size Otoscopes, Full-size
Otoscopes and Video Otoscopes – Independent Analysis of Annual
Sales in US$ Thousand for the Years 2020 through 2027 and %
CAGR

Table 125: Rest of Asia-Pacific Historic Review for Otoscopes
by Product – Pocket-size Otoscopes, Full-size Otoscopes and
Video Otoscopes Markets – Independent Analysis of Annual Sales
in US$ Thousand for Years 2012 through 2019 and % CAGR

Table 126: Rest of Asia-Pacific 15-Year Perspective for
Otoscopes by Product – Percentage Breakdown of Value Sales for
Pocket-size Otoscopes, Full-size Otoscopes and Video Otoscopes

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Artificial Intelligence

Lucinity Appoints Udi Nessimyan as President and Chief Revenue Officer

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REYKJAVIK, Iceland, April 24, 2024 /PRNewswire/ — Lucinity , a leader in generative AI for financial institutions, is thrilled to announce the appointment of Udi Nessimyan as its new President and Chief Revenue Officer. Udi brings to the role a wealth of experience from his time in AI development at some of the world’s most prestigious tech companies, including Sealed.ai, Oracle, and Amazon Web Services.

Gudmundur Kristjansson, Founder and CEO of Lucinity, expressed his enthusiasm about Udi’s appointment, stating, “Udi’s proven track record of driving growth and innovation aligns perfectly with our core mission at Lucinity. His strategic acumen and deep industry knowledge are invaluable as we continue to develop and deliver AI solutions that enhance the efficiency and effectiveness of our clients’ operations.”
Udi’s career highlights include co-founding and leading Sealed.ai as CEO, where he spearheaded the development of a cutting-edge conversational AI platform that redefined standards in business communication. At Basis Technology, he was instrumental in driving sales and operational strategies for their flagship products, including Rosette and various Cyber Forensics tools, achieving an annual recurring revenue growth rate exceeding 30%.
In his new role, Udi will focus on refining Lucinity’s approach to marketing, sales, and customer onboarding. His expertise will be crucial in ensuring that Lucinity’s innovative AI solutions are effectively communicated and reach the right audiences, thereby maximizing their impact and facilitating the adoption of the technology.
“Udi’s involvement is vital as we strive to make our AI tools more intuitive and impactful,” said Kristjansson. “His insights and leadership will enhance our ability to deliver these technologies efficiently and effectively, aligning them closely with customer needs and industry demands.”
Under Udi’s leadership, Lucinity is set to deepen its commitment to unleashing human efficiency with AI, expanding the reach and impact of its mission to create AI that makes people better at what they do.
Lucinity thanks its partners and stakeholders for their continued support and interest as it embarks on this exciting new chapter.
About Lucinity:
Lucinity is a leader in generative AI technologies for financial institutions, designed to accelerate workforce efficiency. Its platform features Luci, an AI copilot that enhances intelligence gathering, analysis, and decision-making, allowing institutions to streamline operations and reduce costs. As an open, configurable, no-code platform, Lucinity is a crucial tool for enhancing productivity and operational efficiency in the financial sector.
Media Contact
Celina PabloSenior Marketing [email protected] +354 792 4321
Logo: https://mma.prnewswire.com/media/2208676/4669079/Lucinity_Logo.jpg

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Artificial Intelligence

Resolutions at ASSA ABLOY AB’s Annual General Meeting 24 April 2024

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STOCKHOLM, April 24, 2024 /PRNewswire/ — The Annual General Meeting of ASSA ABLOY AB was held on Wednesday 24 April 2024 in Stockholm, Sweden.

Adoption of income statements and balance sheets and discharge from liability
The Annual General Meeting adopted the parent company’s and the Group’s income statements and balance sheets for the financial year 2023. The members of the Board of Directors and the CEO were discharged from liability for the financial year 2023.
Dividend 
The Annual General Meeting approved the dividend of SEK 5.40 per share proposed by the Board of Directors, to be paid out in two equal installments, the first with the record date Friday 26 April 2024 and the second with the record date Monday 11 November 2024. The first installment is estimated to be paid on Thursday 2 May 2024 and the second installment on Thursday 14 November 2024.
Election of the Board of Directors and auditor
The Annual General Meeting re-elected Johan Hjertonsson, Carl Douglas, Erik Ekudden, Sofia Schörling Högberg, Lena Olving, Victoria Van Camp, Joakim Weidemanis and Susanne Pahlén Åklundh as members of the Board of Directors. Johan Hjertonsson was re-elected as Chairman of the Board of Directors and Carl Douglas was re-elected as Vice Chairman.
The Annual General Meeting re-elected the audit firm Ernst & Young AB as auditor for the time period until the end of the Annual General Meeting 2025.
Remuneration to the Board of Directors and the auditor
The remuneration to the Board of Directors will totally amount to SEK 9,945,000 (excluding remuneration for committee work). Auditor fees shall be paid according to contract.
Resolution on approval of remuneration report
The Annual General Meeting resolved, in accordance with the Board of Directors’ previously published proposal, to approve the Board’s remuneration report.
Resolution regarding authorization to repurchase and transfer Series B shares in the company
The Annual General Meeting resolved, in accordance with the Board of Directors’ previously published proposal, to authorize the Board of Directors to, on one or more occasions, repurchase Series B shares in the company for the period up until the Annual General Meeting 2025. The repurchase shall maximum comprise so many Series B shares that the company’s holding does not at any time exceed 10 per cent of the total number of shares in the company.
Resolution regarding long-term incentive program
The Annual General Meeting resolved, in accordance with the Board of Directors’ previously published proposal, to implement a long-term incentive program for senior executives and key employees within the ASSA ABLOY Group (“LTI 2024”).
Minutes from the Meeting including complete resolutions will be available on the company’s website assaabloy.com/general-meeting.
For more information, please contact:Nico Delvaux, President and CEO, tel. no: +46 8 506 485 82Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68
About ASSA ABLOY
The ASSA ABLOY Group is the global leader in access solutions. The Group operates worldwide with 61,000 employees and sales of SEK 141 billion. The Group has leading positions in areas such as efficient door openings, trusted identities and entrance automation. ASSA ABLOY’s innovations enable safe, secure and convenient access to physical and digital places. Every day, we help billions of people experience a more open world. 
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/assa-abloy/r/resolutions-at-assa-abloy-ab-s-annual-general-meeting-24-april-2024,c3966574
The following files are available for download:
https://mb.cision.com/Main/7333/3966574/2754153.pdf
Press release (PDF)
 

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Artificial Intelligence

GSTS selected by Canada-US Seaways to provide Enhanced Analytics and Voyage Information System Predictability with OCIANA®

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HALIFAX, NS, April 24, 2024 /PRNewswire/ — Global Spatial Technology Solutions (“GSTS” or “the Company”) announced that it has been awarded a contract for a Voyage Information System (VIS) by St. Lawrence Seaway Management Corporation (SLSMC) and Great Lakes St. Lawrence Seaway (GLS) to enhance joint management of bi-national waterways.

GSTS will provide predictions for VIS through OCIANA®, its proprietary, AI powered SaaS platform. OCIANA® is a cyber-secure and scalable system which has been developed in collaboration with, and is used by, ports, shipping lines, pilotage authorities, civil agencies and border security organisations.
At the heart of OCIANA’s offering is robust, predictive data analytics, powered by novel AI algorithms. OCIANA’s data integration framework will assimilate critical information from the Seaway Traffic Management System and GSTS data streams into a predictability model to accurately forecast vessel ETAs, thus providing improved management of voyages and eventually optimizing lockage schedules.
OCIANA® is a flexible platform designed to incorporate the intricate Locks System Rules, ensuring that all vessel movements adhere to safety and operational guidelines. While focusing on a specific segment of the St. Lawrence, vessel management is impacted by dynamic events stretching from the Atlantic approaches to the Great Lakes. The dynamic Lock Schedule Engine leverages various inputs, employing advanced algorithms to manage vessel traffic and schedule lockage, thus enhancing throughput and reducing delays. Through this innovation, OCIANA® will be well positioned to offer superior optimization capability to all major waterways.
“This project will demonstrate OCIANA’s capability to provide unparalleled planning and optimization in a highly dynamic environment impacted by multiple geographic, operational and environmental factors,” said Richard Kolacz, Chief Executive Officer, GSTS. “This award continues to illustrate the versatility of OCIANA® in facilitating enhancements to maritime safety, security and supply chain resilience globally.”
The Great Lakes Seaway system serves as a key supply chain, moving $66B in goods and supporting 356,000 jobs. Optimizing the flow of goods, in a highly dynamic marine trade environment, is crucial to the economies of Canada and the United States.
OCIANA® is configured to adapt to the evolving demands of maritime traffic management, with provisions for incorporating additional data sources and enhancing the Predictability Engine with emerging technologies such as weather machine learning models. GSTS continues to expand its offering to maritime and logistics stakeholders further enhancing its leading position in maritime digitalization and innovation.
About Global Spatial Technology Solutions (GSTS)Global Spatial Technology Solutions (GSTS) is a global maritime intelligence company delivering solutions to enhance decision making across the maritime and logistics industry. Our predictive solutions are enabled by a range of operational, environmental, vessel and cargo data to provide real-time decision making intelligence for ports, terminal operators, shipping lines, logistics companies, importers, exporters, national and international agencies as well as security organisations.
For more information and to explore opportunities to partner with us, contact us today.
Media Contacts: Danica Martis, GSTS, Email: [email protected]

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