New York, March 2022: Axiom Market Research & Consulting™ added a report on Vestibular Testing Systems Market which includes study on product, end user, and geography. Vestibular testing systems market was projected to grow at a CAGR of 6.00% for the forecast period 2022 to 2028. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the vestibular testing systems market.

The factors such as improving healthcare infrastructure along with the increase in the prevalence of the balanced disorders, the increasing opportunities for the market owning to the increase in the cases of the balance disorders along with the emerging healthcare facilities have been driving the growth of the vestibular testing systems market during the forecast period. 

The report analyses the vestibular testing systems market based on the product, end user and geography. By product, the vestibular testing systems market is segmented into videonystagmography (Vng) systems, vestibular evoked myogenic potential (Vemp) systems, rotary chairs, and computerized dynamic posturography. By end user, the vestibular testing systems market is segmented into hospitals, diagnostic centers, and clinics. Based on the geography, the vestibular testing systems market is studied for the regions including North America, Europe, Asia Pacific and Rest of the World. 

Videonystagmography (VNG) systems product segment is expected to lead the vestibular testing systems market

The increasing adoption of the VNG systems for the vestibular testing because of the low cost and ease of use, and the VNG systems has been mostly referring to the same test battery run by using the goggles along with the video cameras for the monitoring the eyes has been driving the growth of the segment in the vestibular testing systems market during the forecast period. 

Hospital end user segment is expected to have high market share in the vestibular testing systems market

The developing hospital infrastructure and increasing preference for the treatment in the hospital has been driving the growth of the segment in the vestibular testing systems market during the forecast period. 

North America is expected to be the dominant region in the vestibular testing systems market

The vertigo sickness is becoming more common and the increasing number of the patients suffering from the balance disorders, along with an increase in the use of the medical treatments for the dizziness and inner ear disorders, increased healthcare spending, greater awareness, technical developments. One of the major driving factors for the demand of the vestibular testing equipment in the testing institutions has been the growing geriatric population including the hospitals and private clinics has been driving the growth of the vestibular testing systems market during the forecast period. 

Key Players

The key players in the vestibular testing systems market are BeOn Solutions, BioMed Jena, Recorders & Medicare Systems, Interacoustics, Ecleris s.r.l, Micromedical Technologies, Natus Medical Incorporated, Techno Concept, Balanceback, Difra, Vesticon Inc., Happersberger Otopront GmbH, Homoth Medizinelektronik GmbH & Co., Medi-Care Solutions s.r.l, Nagashima Medical Instruments. Co. Ltd., Otometrics A/S, among others. 

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