Nasal Dressings Market 2021 : Key Players, SWOT Analysis, Key Indicators, Forecast and COVID 19 Impact Analysis 2031

The global nasal dressings market was valued at US$ 1.1 Bn in 2020

The global market is projected to expand at a CAGR of 9.01% from 2021 to 2031

The global nasal dressings market is anticipated to reach US$ 2.7 Bn by 2031

Analysts' Viewpoint on Nasal Dressings Market Scenario

The global nasal dressings market is expected to be driven by increase in nasal injuries due to accidental damage, surge in nasal & cosmetic surgeries, and novel technological advancements in nasal surgeries. Nasal dressings are mostly used post-functional endoscopic sinus surgery (FESS) in order to prevent ongoing bleeding and manage the wound healing process. Nasal dressing assists in maximizing absorbance as well as wicking away of fluid, which helps in minimizing pain and chances of re-bleed upon removal. Nasal dressings have major applications in epistaxis management, sinus surgery, and wound care. These dressings are used to apply pressure to nasal septum. Nasal packing is a safe and effective method of treating anterior and posterior epistaxis. Nasal dressing packs are designed for use in various nasal surgeries, including septoplasty, turbinectomy, and rhinoplasty. Nasal pack dressings fill and support nasal cavities during surgery, enabling smooth septum ventilation to ensure patient comfort. Nasal packing devices apply constant local pressure to the nasal septum. Nasal packing works through direct pressure; consequent reduction of mucosal irritation, which decreases bleeding and clot formation surrounding the foreign body that increases pressure.

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Breakthrough Innovations in Biodegradable Nasal Dressings Fueling Market Growth
Nasal dressings are commonly used as an intranasal device that applies constant local pressure to the nasal septum, which prevents ongoing bleeding and promotes wound healing. Breakthrough innovations in the nasal dressings market such as the introduction of biodegradable nasal dressings are translating into revenue opportunities for manufacturers. They are innovating in biodegradable nasal dressings that are now extensively being used post nasal and sinus surgeries.

The revenue of nasal dressings market is projected to rise with robust biodegradable nasal dressings that are fragmentable dressings which biodegrade with regular irrigation of nasal cavity. This helps to eliminate the need to remove them, whilst reducing the risk of damaging the post-operative structures. Biodegradable nasal dressings provide a scaffold for better and faster wound healing, reduce the risk of adhesions, and promote local hemostasis.

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Local Production Capabilities Ensuring Business Continuity During Coronavirus Outbreak
Companies in the nasal dressings market are taking data-drive decisions before investing in new manufacturing and material technologies for nasal pack dressings. They are ensuring business continuity by maintaining robust supply chains for hospitals, ambulatory surgery centers, and for home care settings. The remote monitoring of patients in home care settings is driving market demand for nasal dressings.

Manufacturers are adopting contingency planning to tide over disruptions in customer demand, supply of materials, and availability of logistics services. They are increasing their local production capabilities to reduce dependence on other countries for raw materials. As such, reopening of country borders is helping to resolve transport and logistic issues.

Can Disadvantages of Traditional Nasal Dressings Affect Patient Quality of Life?
Since conventional nasal dressing packs are associated with disadvantages such as excessive bleeding due to mucosal disturbance, headache, and nasal airway obstruction, manufacturers are innovating in biodegradable nasal dressings. Nevertheless, manufacturers are diversifying their production in polyvinyl alcohol (PVA), polyvinyl acetate (PVAc), & polyethylene glycol (PEG) nasal packing to generate revenue streams. These nasal packing are emerging as key market segments in nasal dressings product portfolio.

Manufacturers in the nasal dressings market are adhering to ISO standards to boost their credibility in the production of PVA nasal dressings. Different nasal surgeries, including rhinoplasty, septoplasty and turbinectomy are contributing to nasal dressings market expansion. These nasal packing devices help to fill and support nasal cavities during surgery, allowing smooth septum ventilation to ensure patient comfort.

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Bioresorbable Nasal Dressings Growing Popular in Epistaxis Management
The largest opportunity for nasal dressings is in bioresorbable nasal dressings. Manufacturers in the nasal dressings market are increasing the production of bioresorbable nasal packing devices for post sinus surgery applications to enable efficient epistaxis management. These novel nasal dressing packs provide a support to separate tissue and structure at the surgical site.

Companies are manufacturing bioresorbable nasal dressings that help in the prevention of adhesions between mucosal surfaces and assist in healing. In addition, these nasal packing dissolve gradually and cleared naturally, thus eliminating the need for painful nasal packing removal.

Post-FESS Procedures Driving Demand for Nasal Dressings
The Functional Endoscopic Sinus Surgery (FESS) has become the international standard for the treatment of refractory chronic rhinosinusitis. Such findings are increasing the market demand for nasal dressings in post-FESS procedures.

The most common complication encountered after FESS is the lateralization of the middle turbinate and the adhesion formation (synechia) that results in the occlusion of the sinus drainage pathway. This can lead to recurrent symptoms and subsequent surgical failure, as adhesions form when two opposing mucosal surfaces touch. This is leading to an increase in the revenue of nasal dressings market, since nasal dressing packs have a space-filling ability (bulking) to physically separate mucosal tissues such that adhesions are prevented from forming during the initial healing period of the tissue.

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Nasal Dressing Holders a Novel Innovation to Replace Adhesive Tapes
Assistive technologies such as nasal dressing holders are storming the nasal dressings market. These holders are replacing adhesive tapes to hold nasal dressings in place following nose bleeds, rhinoplasty, facial trauma, septoplasty, and sinus surgery. Manufacturers are innovating in clear plastic dressing holders that are secured by ear loops. Hook & loop fastener tabs can be infinitely adjusted to fit any patient comfortably. Such innovations are improving patient quality of life.

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