Primary and secondary problems inflicted by vestibular disorders have escalated in the recent past resulting in psychological problems such as depression and anxiety. Besides, there have been instances of vestibular disorder leading people to embrace a sedentary lifestyle to shield from dizziness and imbalance. Consequently, it has led to dip in flexibility and muscle strength and decreased stamina. As such, the use of electronystagmography (ENG test) and videonystagmography (VNG test) have gained traction in vestibular testing market.
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On account of reliable and apt results, light weight, which appropriates with an infrared video camera of high resolution, vestibular testing is most sought after. Besides, rotary chair test, computerized dynamic visual acuity (DVA) and computerized dynamic posturography (CDP) are also preferred by most of the doctors. Additionally, government’s favorable reimbursement and increase in healthcare budget are anticipated to positively influence the vestibular testing landscape.
There has been significant technological advancement and viability of videonystagmography as compared to other contemporary systems. Furthermore, the growing number of people suffering from Meniere’s disease is estimated to propel the growth of vestibular testing market. Having said that, soaring cost associated with the devices and tests is likely to act as an impediment in the development of vestibular testing market.
Vestibular Testing Market: Overview
The report provides a comprehensive assessment on the vestibular testing market with quantitative and qualitative analysis. Further, the report offers a clear picture with respect to dynamics of vestibular market, including drivers, trends, opportunities, and restraints. These aspects are indispensable and possess potency to impact the growth of the vestibular testing market. Besides, the report delves into the segregation of the vestibular testing market to provide a robust picture of vestibular testing market.
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The report incorporates exhaustive executive summary followed by market introduction section. The report also presents lucid picture of through market overview and market analysis. The market background section focuses on value chain analysis and macro-economic factors. The report also encompasses mergers and acquisitions along with technological advancements that have significant influence in the development of the vestibular testing market. The report also incorporates market structure analysis which throws light on market share analysis of leading players coupled market presence analysis of market players. Meanwhile, the report also reveals the technology roadmap of the vestibular testing market. The report also includes investment feasibility matrix along with Product life cycle analysis.
Validation of the information in the report is done through primary sources, including in-person interactions, surveys, view of seasoned analyst, interviews and in-person interactions and insights of analyst coupled with secondary sources incorporating trade journals, verified paid sources, resourceful databases and trade journals. Absolute dollar opportunity analysis has also formed basis for the robust analysis of the report.
Vestibular Testing Market: Competitive Landscape
The report also includes competitive scenario of the vestibular testing market, including competition intensity mapping with respect to market taxonomy; competition dashboard and company profiles. The section, based on Porters’ Five Force Analysis, also sheds light on financials overview, strategies, product portfolio and recent developments.
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