Cerumen Removal Market Size Worth $3.7 Billion By 2030
Cerumen removal Industry Overview The global cerumen removal market size was valued at USD 2.0 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 7.2 % from 2022 to 2030. Cerumen is a naturally occurring waxy substance produced by wax-forming glands located in the external auditory canal. However, it causes complications such as hearing loss, pain, tinnitus, etc. when it becomes impacted. Therefore, cerumen removal is of utmost importance to prevent the complications associated with cerumen impaction. The growing prevalence of cerumen impaction across the globe is a major factor driving the cerumen removal market. It is present in approximately 10% of children, 5% of adults, and around 60% of older people. According to a study published on cerumen impaction removal in the National Library of Medicine in 2021, in the United States, cerumen impaction leads to 12 million patient visits, and 8 million cerumen removal procedures are performed annual...