One of the key drivers of the nasal packing devices market is the rising prevalence of epistaxis
Nasal Packing Devices Market: Overview
The use of an intranasal appliance to apply consistent local pressure to the nasal septum is known as nasal packing. Nasal packing increases direct pressure, which lowers mucosal irritation, bleeding, and the formation of a clot around the foreign object. When cauterization fails to relieve epistaxis, often known as nosebleed, nasal packing is used. For the treatment of anterior and posterior epistaxis, nasal packing is employed. A ribbon gauze impregnated with lubrication or antibiotic ointment is used in traditional nasal packing. Hygroscopic foam packing, which can absorb fluids up to 10 to 20 times its weight, is one of the most recent breakthroughs in nasal packing. These packing materials constrict the vasculature when they are hydrated.
Nasal Packing Devices Market: Key Trends
One of the key drivers of the nasal packing devices market is the rising prevalence of epistaxis. According to the International Journal of Otolaryngology, epistaxis affected over 12% of the global population in 2015, with over 75% of those requiring medical care. Epistaxis is a frequent clinical disorder that produces bleeding from the nostrils, which is the most prevalent cause of nosebleeds. The industry is boosted by the rising prevalence of hypertension. Due to the expansion of the circulatory system during pregnancy, blood circulation increases, resulting in nosebleeds. As a result, the market is driven by an increase in the number of pregnant women suffering from hypertension illnesses. Furthermore, the market is fueled by an increase in the occurrence of nasal malignancies. However, nasal packing complications such as mucosal lacerations, which can increase bleeding and induce infectious complications, as well as toxic shock syndrome (TSS), are limiting demand for nasal packing devices. As a result, the nasal packing devices market is expected to be restrained over the projected period. However, the number of product launches is increasing, and there is a heavy focus on technology developments that propel the market.
Nasal Packing Devices Market: Segmentation
Product, material, end-user, and region can all be used to segment the global nasal packing devices market. The market can be segmented into injectables, gels, sprays, and dressings based on the type of product. Sponge, splints, and strips are sub-categories of the dressings category. The nasal packing devices market can be divided into bioresorbable and non-absorbable categories based on material. The market can be divided into hospitals, clinics, ambulatory surgical centers, and other end-users.
Nasal Packing Devices Market: Regional Analysis
The global nasal packing devices market may be divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa, based on region. In 2018, North America held the lion's share of the market. The United States generated the most revenue in the region. The presence of a prominent market leader in North America, a considerable number of product launches, and the presence of a well-established health care infrastructure are all factors that have contributed to the region's market expansion. Europe accounted for a major portion of the market in terms of revenue. However, due to the expanding geriatric population, increasing occurrence of epistaxis, rising target patient population, and technological improvements in the health care sector, the nasal packing devices market in the Asia Pacific is expected to grow at a significant CAGR over the forecast period.
The market for Nasal Packing Devices: A Competitive Analysis
Smith & Nephew, Inc., Medtronic plc, Summit Medical Group, Stryker Corporation, Lohmann & Rauscher GmbH & Co.KG, Olympus Corporation, Entellus Medical, Inc., and Network Medical Products Ltd. are all major competitors in the global nasal packing devices market.
Comments
Post a Comment