Press release
Nasal Packing Devices Market Detailed In New Research Report 2021 | Medtronic plc, Stryker Corporation, Smith & Nephew, Inc., Summit Medical Group
Market Overview:Nasal packing is a convenient, low cost and effective method to treat sinusitis, rhinitis and other common ailments that occur in the nose. Nasal packing devices are tiny packages, which are placed directly into the nose to give relief for nasal swelling, irritation, and sometimes allergic reactions. Nasal packing devices have been used effectively by many health professionals worldwide for decades. They can be purchased at almost any drug store, without a prescription, and are fairly inexpensive. There are several benefits to using nasal packing devices. They include temporary relief from the effects of allergies and irritations, temporary relief from congestion, and even complete relief of symptoms for those suffering from sinusitis, sinus congestion, and other conditions. The only side effect associated with the use of any type of nasal packing device is the inconvenience caused by the need to frequently change them or the additional time and effort required to clean them after every use.
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Competitive Landscape:
Major players operating in the global nasal packing devices market include Network Medical Products Ltd., Entellus Medical, Inc., Olympus Corporation, Lohmann & Rauscher GmbH & Co.KG, Stryker Corporation, Summit Medical Group, Medtronic plc, and Smith & Nephew, Inc.
Key Market Drivers:
Increasing cases of diseases in the world that can lead to breathing disorders are the main factor that is augmenting the growth of the global nasal packing devices market. For instance, according to World Health Organization, over 1 billion individuals in the world suffer from chronic or acute respiratory conditions. As the demand for these products increased worldwide, new, more advanced packing methods were developed. As a result, the global nasal packing devices market has seen some significant growth. Some packing methods have seen a marked increase in popularity across all regions, while others have seen slower growth in certain nations. Moreover, increasing product launches by key market players are estimated to enhance the growth of the global nasal packing devices market.
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Covid-19 Impact Analysis:
Increasing COVID cases in the world is the main factor that negatively affected the growth of the global nasal packing devices market. For instance, according to Our World in Data, on 21st January 2021, the 7-day average of COVID positive cases in the world was around 7,68,000. Moreover, increasing requirements for medical attention towards COVID-19 cases also impacted the overall attention towards other health issues.
Key Takeaways:
The Asia Pacific is expected to hold a major share of the global nasal packing devices market, owing to the increasing prevalence of breathing disorders in the region. For instance, according to the Times of India, more than 134 million individuals in India suffer from acute or chronic sinusitis.
North America is estimated to witness high growth in the global nasal packing devices market, owing to the increasing investment in the pharmaceutical sector in the region. For instance, according to Tax Policy Center, the US federal government spent more than US$ 1.2 trillion in the year 2019.
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Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Nasal Packing Devices Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: Nasal Packing Devices Industry Impact
Chapter 2 Global Nasal Packing Devices Competition by Types, Applications, and Top Regions and Countries
2.1 Global Nasal Packing Devices (Volume and Value) by Type
2.3 Global Nasal Packing Devices (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Nasal Packing Devices Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Nasal Packing Devices Market Analysis
Chapter 6 East Asia Nasal Packing Devices Market Analysis
Chapter 7 Europe Nasal Packing Devices Market Analysis
Chapter 8 South Asia Nasal Packing Devices Market Analysis
Chapter 9 Southeast Asia Nasal Packing Devices Market Analysis
Chapter 10 Middle East Nasal Packing Devices Market Analysis
Chapter 11 Africa Nasal Packing Devices Market Analysis
Chapter 12 Oceania Nasal Packing Devices Market Analysis
Chapter 13 South America Nasal Packing Devices Market Analysis
Chapter 14 Company Profiles and Key Figures in Nasal Packing Devices Business
Chapter 15 Global Nasal Packing Devices Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology
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