Press release
Strong Growth Ahead: Nasal Splints Market Size To Grow At Arecord 9% Cagr By 2029
Nasal Splints Market
How Big Is the Nasal Splints Market Size Expected to Be by 2034?
The nasal splints market has shown strong growth in recent years. It is expected to grow from $6.73 billion in 2024 to $7.39 billion in 2025 at a compound annual growth rate (CAGR) of 9.8%. Historical growth has been attributed to postoperative recovery, trauma and fractures, rhinoplasty procedures, and enhanced patient comfort.
The nasal splints market is projected to grow strongly, reaching $10.42 billion in 2029 at a CAGR of 9.0%. This growth is attributed to minimally invasive methods, market expansion in developing regions, regulatory frameworks, and teleconsultation adoption. Leading trends include use of advanced materials, tailored product offerings, digital health integration, and sustainable production practices.
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What Are the Emerging Segments Within 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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What Long-Term Drivers Are Shaping Nasal Splints Market Trends?
The growing number of rhinoplasty procedures is fueling the nasal splints market. Rhinoplasty is a leading cosmetic surgery, with 82% of procedures in 2023 performed on women, according to Rhinoplasty London. Nasal splints are vital for postoperative recovery, thereby increasing their market demand.
Who Are the Top Competitors in Key Nasal Splints Market Segments?
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
What Are the Major Trends Shaping the Nasal Splints Market?
The use of biodegradable nasal splints is rising due to their ability to naturally dissolve without surgical removal. These splints, made from materials like plant-based carboxymethyl cellulose, aid in healing and reduce post-operative discomfort. For example, Smith & Nephew offers the Nasastent, which becomes a hydro colloidal gel and drains naturally. Other manufacturers include Hemostasis LLC and Medtronic. According to the US FDA, nasal splints are Class I devices exempt from premarket notification but still require registration and classification listing.
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Which Regions Are Becoming Hubs for Nasal Splints Market Innovation?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Nasal Splints Market?
2. What is the CAGR expected in the Nasal Splints Market?
3. What Are the Key Innovations Transforming the Nasal Splints Industry?
4. Which Region Is Leading the Nasal Splints Market?
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