Press release
Nasal Implants Market Emerging Technology, Investor Analysis and Worldwide Forecast till 2031 | Ethicon USA LLC, Implantech, Intersect ENT Inc.
Nasal Implants Market || 2024-2031
Will the Nasal Implants Market become the sector's next big opportunity? To find out, delve into the analysis and projections for Nasal Implants Market. This market research study offers in-depth insights into the opportunities, challenges, and trends currently shaping the machinery landscape, enabling industry participants to make informed decisions in a dynamic environment. Take advantage of the opportunity in the Nasal Implants Market! (2031)
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The Global Nasal Implants Market size reached USD 305.6 million in 2023 and is projected to witness lucrative growth by reaching up to USD 435.7 million by 2031. The nasal implants market is expected to exhibit a CAGR of 5.2% during the forecast period (2024-2031).
Key Growth Drivers in Nasal Implants Market:
Rising Demand for Aesthetic Procedures
The increasing demand for aesthetic procedures, particularly rhinoplasty, is a significant factor driving the growth of the nasal implants market. Nasal implants are widely used in these procedures to enhance or correct the shape and structure of the nose, fueling demand as cosmetic procedures become more mainstream.
DataM Intelligence profiles some of the most reputed organizations present in the Nasal Implants market. They are as follows:
Ethicon USA LLC, Implantech, Intersect ENT Inc., Stryker Corporation, Zimmer Biomet, Allergan Plc, Sientra Inc., KLS Martin L.P, Medartis AG, and TMJ Concepts.
Segment Covered in the Nasal Implants Market:
By Material Type: Biological Implants, Synthetic Implants.
By End Users: Hospitals, Ambulatory Surgical Centers, Others.
Regional Analysis:
The global Nasal Implants Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
Key Developments
In April 2023, Lyra Therapeutics resumed the screening and enrollment of patients in its second pivotal Phase III clinical trial, ENLIGHTEN II, focusing on the treatment of chronic rhinosinusitis (CRS) with its product, LYR-210. LYR-210 is a bioresorbable nasal implant designed to provide an alternative to sinus surgery for CRS patients who remain symptomatic despite receiving other treatments. This innovative nasal implant aims to deliver continuous, localized medication over a long period, reducing inflammation and providing relief for patients who suffer from persistent CRS, offering a less invasive solution compared to traditional sinus surgery.
In May 2022, Medtronic, Inc. completed the acquisition of Intersect ENT, Inc., a move that allowed the company to expand its product portfolio in sinus care. This acquisition was cleared by the Federal Trade Commission (FTC) with the condition that Medtronic divests the assets of Fiagon NA Corp., a subsidiary of Intersect ENT. Through the acquisition, Medtronic gained access to Intersect ENT's PROPEL and SINUVA sinus implant product lines, both of which are used for treating chronic sinusitis with localized steroid delivery to reduce inflammation and prevent surgery. Medtronic also took ownership of Intersect ENT's intellectual property and manufacturing facility in Menlo Park, California, with Intersect ENT employees transitioning to Medtronic as part of the deal. This acquisition strengthens Medtronic's position in the ENT (Ear, Nose, and Throat) market, particularly in offering innovative solutions for managing sinusitis and improving patient outcomes.
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Regional Analysis:
The global Nasal Implants Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Nasal Implants Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Points Covered:
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Nasal Implants market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global Nasal Implants Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The global Nasal Implants market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Nasal Implants Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
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FAQ's
Q.1. What are the primary drivers of the Nasal Implants Industry?
Q.2. What are the main factors propelling and impeding the growth of the Nasal Implants market?
Q.3. What are the general structure, risks, and opportunities of the market?
Q.4. How do the prices, revenue, and sales of the leading Nasal Implants market firms compare?
Q.5. What are the main segments of the market and how is it divided up?
Q.6. Which companies dominate the market, and what percentage of the market do they control?
Q.7. What trends are influencing the Nasal Implants market now and in the future?
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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