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Leading Element Driving Change in the Nasal Splints Market in 2025: Rhinoplasty Surge In Popularity And Impact On Nasal Splint Market Growth Driver

02-20-2025 07:18 AM CET | Health & Medicine

Press release from: The Business Research Company

Nasal Splints Market Size

Nasal Splints Market Size

What Is the Estimated Market Size and Growth Rate for the Nasal Splints Market?
In recent times, the market size for nasal splints has experienced robust growth. The projected growth is from $6.73 billion in 2024, escalating to $7.39 billion in 2025, with a compound annual growth rate (CAGR) of 9.8%. Factors such as postoperative recovery, trauma and fractures, rhinoplasty procedures, and enhanced patient comfort have significantly contributed to the growth during the historic period.

The market for nasal splints is set to experience robust expansion in the upcoming years, with projections indicating a growth to $10.42 billion by 2029, at a compound annual growth rate (CAGR) of 9.0%. The growth during the forecast period can be credited to factors such as the adoption of minimally invasive techniques, the surge of emerging markets, governmental support, and the rise of telehealth and remote consultation. Key trends expected during the forecast period include the use of advanced materials, tailored solutions, integration of digital health, and sustainable, eco-friendly practices.

What Are the Forces Behind the Rapid Growth of the Nasal Splints Market?
The nasal splints market is likely to expand, driven by an increase in the number of rhinoplasty surgeries. Rhinoplasty is globally one of the most frequent reconstructive cosmetic surgeries. For example, Rhinoplasty London, a clinic based in England, stated that in 2023, 82% of rhinoplasty surgeries were conducted on women, while men accounted for 18%. In 2022, 17.4% of rhinoplasty operations involved male patients. Intranasal splints play a crucial role in the post-surgery process, as they aid in achieving hemostasis, provide structural support, and help in reducing scar generation. Consequently, the increasing prevalence of rhinoplasty surgeries are fueling the growth of the nasal splints market.

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Who Are the Dominant Companies Influencing Nasal Splints Market Trends?
Major companies operating in the nasal splints market include Boston Medical Products Inc., Innovia Medical, Medtronic Plc, Olympus Corporation, Smith & Nephew plc, DTR Medical, Mentor Worldwide LLC, Network Medical Products Ltd., Summit Medical Group, Surgiform Technologies LLC, Shippert Medical Technologies, Spiggle & Theis Medizintechnik GmbH, Stryker Corporation, Acclarent Inc., Cook Medical, KARL STORZ SE & Co. KG, Integra LifeSciences, Medline Industries LP, B. Braun Melsungen AG, Merit Medical Systems, Intersect ENT, ArthroCare Corporation, Lumenis, ConMed Corporation, DePuy Synthes Companies, Zimmer Biomet, KLS Martin Group, Becton Dickinson and Company, Terumo Corporation, Johnson & Johnson, 3M, Teleflex Medical OEM

How Is the Nasal Splints Market Evolving?
Nasal splits using degradable materials, such as bioabsorbable and plant-based substances, are gaining traction in the market, as they don't require surgical extraction post-implantation. They are valuable in controlling bleeding post-surgery or after nasal injuries, negating the need for uncomfortable removal of nasal packs for patients, while assisting in their natural healing process. Smith & Nephew, for example, provides Nasastent, a dissolvable nasal split made from plant-derived carboxymethyl cellulose. This promotes support to the soft nasal tissue and provides pressure to control bleeding. The splint will transform into a hydrocolloid gel upon absorption of nasal fluid and autonomously drains out from the patient's body. There are other companies too such as Hemostasis LLC., Medtronic who produce biodegradable nasal splints. The US FDA categorizes nasal splits as Class I medical devices that do not require premarket notification. Nevertheless, the manufacturers must register their business and enlist the general category or classification name of the nasal splits.

What Are the Different Segmentations in the Nasal Splints Market?
The nasal splints market covered in this report is segmented -

1) By Type: Malleable Nasal Splints, Airway Nasal Splints, Bivalve Nasal Splints,
2) By Route of Administration: Intranasal Segment, Extranasal Segment
3) By Application: Plastic Surgery, Rhinological operations, ENT-Surgery, Other Applications
4) By End User: Hospitals And Clinics, Homecare, Research Centers, Other End Users

Subsegments:
1) By Malleable Nasal Splints: Customizable/Adjustable Nasal Splints, Preformed Malleable Nasal Splints
2) By Airway Nasal Splints: Silicone Airway Nasal Splints, Plastic Airway Nasal Splints
3) By Bivalve Nasal Splints: Pre-formed Bivalve Nasal Splints, Adjustable Bivalve Nasal Splints

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Which Region Is at the Forefront of the Nasal Splints Market?
Asia-Pacific was the largest region in global nasal splints market in 2023. North America was the second-largest region in the nasal splints market. The regions covered in the nasal splints market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

What Is Covered In The Nasal Splints Global Market Report?

- Market Size Analysis: Analyze the Nasal Splints Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Nasal Splints Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Nasal Splints Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Nasal Splints Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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