The other factors driving this market are development of new technologies such as bioresorbable sutures, automatic shaping nasal wicks and antibacterial strips used for drug delivery is expected to create a major surge in this market.
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Global Ear and Nasal Packing Market By Type (Nasal (Injectable, Gel, Dressings (Sponges, Splints, Strips)), Ear (Injectable, Gel, Dressings (Sponges, Splints, Strips))), By Material (Bioresorbable (Chitosan, HYAFF, Combination), Non-Absorbable (CMC, Synthetic, Others)), By Distribution Channel (Direct Tender, OTC), By End-User (Hospitals, Clinics, Ambulatory Centers), By Geography (North America, Europe, APAC, South America, Middle East and Africa) – Trends and Forecast to 2024
Global Ear and Nasal Packing Market is expected to reach USD 1,051.4 million by 2024 from USD 664.9 million in 2017, at a CAGR of 5.9% in the forecast period 2017 to 2024.
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The major driving factor for this market is increasing incidence of ENT surgeries owing to better reimbursement of ENT procedures, better awareness of minimally invasive ENT surgeries and rising geriatric population. Also cosmetic surgeries such as nose reconstruction, septum restructuring among others are growing at an exponential rate in the developed economies especially U.S.
Global Ear and Nasal Packing Market – Market Segmentation:
The Global Ear and Nasal Packing Market is segmented based on type, material, distribution channel, end-user and geography.
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On the basis of type the market is segmented into nasal packing and ear packing. The nasal and ear packing segments is further categorized on the basis of product type into gels, injectable and dressings.
The dressings sub segment is further segmented into splints, strips, sponges and others. The market is also segmented on the basis of end user, distribution channel and material such as bioresorbable (chitosan, hyaluronic acid (HYAFF) and combination products) and non-absorbable products.
On the basis of distribution channel the market is further classified into direct tenders and over the counter products.
On the basis of end-user the market is segmented into hospitals, clinics, ambulatory centers and others.
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Global Ear and Nasal Packing Market – Geographical Segmentation
Based on geography the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa. The geographical regions are further segmented into 24 major countries such as U.S.
Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others. U.S. is expected to dominate the market due to rising prevalence of sinusitis, increasing number of cosmetic surgeries and paradigm shift towards value based reimbursements.
Global Ear and Nasal Packing Market – Competitive Landscape:
The global ear and nasal packing market is highly fragmented with various companies operating in local regions. The major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
Some of the major players operating in this market are:
- Summit Medical
- Smith and Nephew
- Entellus Medical
- Olympus Medical
- Boston Medical Products
- Lohmann & Rauscher
- Network Medical ProductsLtd.
Table of Content:
- RESEARCH METHODOLOGY
- MARKET LANDSCAPE SUMMARY
- PREMIUM INSIGHTS
- EXECUTIVE SUMMARY
- EAR AND NASAL PACKING MARKET, BY TYPE
- EAR AND NASAL PACKING MARKET, BY MATERIAL
- EAR AND NASAL PACKING MARKET, BY END USER
- EAR AND NASAL PACKING MARKET, BY DISTRIBUTION CHANNEL
- EAR AND NASAL PACKING MARKET, BY GEOGRAPHY
- EAR AND NASAL PACKING MARKET: COMPETITIVE LANDSCAPE
- EAR AND NASAL PACKING MARKET, COMPANY PROFILES
- ABOUT DATA BRIDGE MARKET RESEARCH
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