Press release
Global Nose Splints Market Is Projected To Expand At A CAGR of 3% by 2027
Global sales of nasal splints are currently valued at approximately US$2.7 billion . According to research by Fact.MR, the global nose splint market is projected to expand at a CAGR of 3% to reach a market size of $ 3.1 billion by 2027.External Nasal Braces sales are projected to increase in tandem at a CAGR of 3% from 2022 to 2027.
A nose splint is made up of two different pieces of plastic that are sewn together inside the nose to keep them in place. Although nose splints are typically worn to give long-term results, they can generally make breathing through the nose uncomfortable or difficult.
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Competitive Landscape
The market for nasal splints is very competitive, with few major companies controlling a sizable portion of it. Both emerging and developed economies have seen an upsurge in the demand for nasal splints.
Players in the business are also hiring independent distributors to increase their market share. As a result, the quantity of distributors and suppliers in emerging markets has increased dramatically.
• Recently, Innovia Medical unveiled a brand-new website with a selection of over 550 medical items, including the whole ENT collection. This is expected to support the sales of nasal splints, contributing to increasing its market revenue share.
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Key Companies Profiled by Fact.MR
• Boston Medical Products
• Innovia Medical, LLC
• Medtronic
• Olympus Corporation
• Smith & Nephew
• Network Medical Products
• Summit Medical Group
• Surgiform Technologies LLC
• Mentor Worldwide LLC
• DTR Medical
Key Segments Covered in Nasal Splints Industry Research
• By Mechanism :
o Intranasal Splints
o External Nasal Splints
• By Product :
o Malleable Nasal Splints
o Airway Nasal Splints
o Bivalve Nasal Splints
• By Material :
o Biodegradable Nasal Splints
o Non-biodegradable Nasal Splints
• By End User :
o Hospitals
o Clinics
o Ambulatory Surgical Centres
o Others
• By Region :
o North America
o Latin America
o Europe
o East Asia
o South Asia & Oceania
o MEA
Questionnaire Answer in Nose Splints Market Report Includes:
• How has the nose splint market grown?
• What is the present and future outlook of global nose splints by region?
• What are the challenges and opportunities for nasal splints?
• Why is the consumption of nasal splints higher in the region?
• In which year is segment expected to outstrip segment?
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What sets the Fact.MR report apart from others?
• MR follows a six-point mechanism known as EVOLVE (Assess. Visualize. Surpass. Exploit. Verify. Eradicate.) . The report has been specially created to assess the impact of COVID-19 on the Nasal Splints market. This mechanism focuses on almost all factors in a definite way to provide the best research report for the market stakeholders.
• Evaluate: A Fact.MR report evaluates every little aspect that can prove to be a growth driver for the Nose Splints market thus making it different and special from other reports.
• Visualize: The authors involved in the research activities have visualized the post-COVID-19 era so that key market stakeholders get an overview and help them take certain steps to ensure continued growth during the forecast period.
• Overcoming: The report examines the points that can prove to be an Achilles heel for the Nasal Splint market and helps to create strategies to overcome the obstacles that can hinder the growth of the Nasal Splint market.
• Leverage: The nose splints market can leverage certain aspects that can prove helpful in increasing the growth rate. Fact.MR covers all points that key stakeholders can leverage.
• Verification: Research is systematically performed to ensure validation of all aspects covered in the report. All points are double checked and verified thoroughly to avoid defects and false information.
• Eradicate: Last but not the least, this aspect helps the key stakeholder in eradicating all the obstacles standing between the growth rate and the Nasal Splints market.
Table of Content
1. Executive Summary
1.1. Key Findings
2. Market Overview
2.1. Introduction and Definition
2.2. Research Scope
3. COVID 19 Impact Assessment
3.1. Demand in Nasal Splints Market
3.1.1. Global Nasal Splints Market Quarterly Market Value Analysis (US$ Mn), 2022
4. Market Background
4.1. Country wise Market Attractiveness Index
4.2. Nasal Splints Market Scenario-based Forecast
4.3. Value Chain Analysis
5. Global Nasal Splints Market Pricing Analysis
5.1. Price Point Assessment
6. Global Nasal Splints Market Analysis (2017-2021) and Forecast (2022-2027)
6.1. Market Overview
6.2. Introduction to Market Statistics
Contd…
Explore Fact.MR's More Insights on the Healthcare Domain
Skincare Device Market: https://www.prnewswire.com/news-releases/sales-of-skincare-devices-to-surpass-uss-43-48-bn-as-prevalence-of-dermatological-diseases-increases-factmr-report-301506974.html
ENT Medical Devices Market: https://www.prnewswire.com/news-releases/ear-nose-throat-ent-medical-devices-manufacturers-target-applications-in-cataract--glaucoma-treatment-factmr-301262063.html
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