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"Ear and Nasal Packing Market" Going To Impact On Global Industry To Grow In Near Future And With the CAGR Value of +5.6% Forecast By 2024

11-20-2017 04:50 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

Global Ear and Nasal Packing Market

Global Ear and Nasal Packing Market

Global Ear and Nasal Packing Market is expected to reach USD 257.32 million by 2024 from USD 168.14 million in 2016, at a CAGR of 5.6%. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Global Ear and Nasal Packing Market By Type (Nasal (Injectable, Gel, Dressings (Sponges, Splints, Strips)), Ear (Injectable, Gel, Dressings (Sponges, Splints, Strips))), By Material (Bioresorbable (Chitosan, HYAFF, Combination), Non-Absorbable (CMC, Synthetic, Others)), By Distribution Channel (Direct Tender, OTC), By End-User (Hospitals, Clinics, Ambulatory Centers), By Geography (North America, Europe, APAC, South America, Middle East and Africa) – Trends and Forecast to 2024

Report Segmentation:

The global ear and nasal packing market is segmented on the basis of type, material, end user and distribution channel.

On the basis of product type:- Nasal packing and ear packing.

In 2017, nasal packing segment is expected to dominate the global ear and nasal packing market with 62.1% market share and is expected to reach USD 164.38 million by 2024, with the highest CAGR of 6.0% in the forecast period 2017 to 2024.

On the basis of material:- Bioresorbable and non-absorbable. In 2017, bioresorbable segment is expected to dominate the global ear and nasal packings market with 69.9% market share and is expected to reach USD 184.44 million by 2024, with the highest CAGR of 5.9% in the forecast period 2017 to 2024.

On the basis of end user:- Hospital, clinics, ambulatory centers and others. In 2017, hospital segment is expected to dominate the market, expected to reach USD XX million by 2024, growing at the highest CAGR of 6.2% in the forecast period.

On the basis of distribution channel:- Direct tenders and over the counter. The direct tender is expected to dominate the global ear and nasal packing market with 65.2% market share, growing at the highest CAGR 6.0% in the forecast period 2017 to 2024.

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Geographical Segmentation:

Based on geography the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa. The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others. U.S. is expected to dominate the market due to rising prevalence of sinusitis, increasing number of cosmetic surgeries and paradigm shift towards value based reimbursements.

Some of the major factors driving the market for factors such as high prevalence of chronic sinusitis, growing adoption of minimally invasive procedures, technological developments and favourable reimbursements are driving the growth of market.

• Side effects of the ENT packing products and lack of trained otolaryngologists may hinder the growth of the market.
• Many companies are increasingly focusing on technological advancement of devices in order to strengthen their product portfolios in the ear and nasal packing market.

Competitive Landscape:
The global ear and nasal packing market report is highly fragmented with various companies operating in local regions. The major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.

Top Companies Analysis:

Some of the major players operating in this market are Medtronic, Stryker, Summit Medical, Smith and Nephew, Entellus Medical, Inc., Olympus Medical, Boston Medical Products, Inc., Lohmann & Rauscher, Network Medical Products, Ltd. and Fannin among others.

Table of Contents:
1. INTRODUCTION
1.1. OVERVIEW OF THE EAR AND NASAL PACKING MARKET
1.2. MARKET SEGMENTATION & COVERAGE
2. RESEARCH METHODOLOGY
2.1. KEY TAKEAWAYS
2.2. ARRIVING AT THE EAR AND NASAL PACKING SIZE
2.3. GLOBAL EAR AND NASAL PACKING MARKET: RESEARCH SNAPSHOT
2.4. ASSUMPTIONS
3. MARKET LANDSCAPE SUMMARY
4. PREMIUM INSIGHTS
4.1. OVERVIEW
4.2. GLOBAL EAR AND NASAL PACKING MARKET: KEY PRIMARY INSIGHTS
4.3. MARKET OVERVIEW
4.4. KEY MARKET TRENDS AND UPCOMING TECHNOLOGIES
5. EXECUTIVE SUMMARY
6. EAR AND NASAL PACKING MARKET, BY TYPE
6.1. OVERVIEW
6.2. NASAL PACKING, BY PRODUCT TYPE (2014 – 2022)
6.3. EAR PACKING, BY PRODUCT TYPE (2014 – 2022)
7. EAR AND NASAL PACKING MARKET, BY MATERIAL
7.1. OVERVIEW
7.2. BIORESORBABLE, BY MATERIAL
7.3. NON-ABSORBABLE
8. EAR AND NASAL PACKING MARKET, BY END USER
9. EAR AND NASAL PACKING MARKET, BY DISTRIBUTION CHANNEL
10. EAR AND NASAL PACKING MARKET, BY GEOGRAPHY
10.1. COUNTRYWISE EAR AND NASAL PACKING MARKET, (ALL SEGMENTATION PROVIDED ABOVE IS REPRESENTED IN THIS CHAPTER BY COUNTRY)
10.1.1. NORTH AMERICA
10.1.2. EUROPE
10.1.3. ASIA-PACIFIC (APAC)
10.1.4. SOUTH AMERICA
10.1.5. MIDDLE EAST AND AFRICA
10.2. KEY PRIMARY INSIGHTS: BY MAJOR COUNTRIES
11. EAR AND NASAL PACKING MARKET: COMPETITIVE LANDSCAPE
12. EAR AND NASAL PACKING MARKET, COMPANY PROFILES
12.1. MEDTRONIC
12.2. STRYKER
12.3. SUMMIT MEDICAL
12.4. SMITH AND NEPHEW
12.5. ENTELLUS MEDICAL, INC.
12.6. OLYMPUS MEDICAL
12.7. BOSTON MEDICAL PRODUCTS, INC.
12.8. LOHMANN & RAUSCHER
12.9. NETWORK MEDICAL PRODUCTS LTD.
12.10. FANNIN
13. APPENDIX
14. ABOUT DATA BRIDGE MARKET RESEARCH

Read more about the Global Ear and Nasal Packing Market Visit @ http://databridgemarketresearch.com/reports/global-ear-nasal-packing-market/

About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Vishal Dixit
Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sales@databridgemarketresearch.com
Investor: investors@databridgemarketresearch.com
Visit Blog: http://databridgemarketresearch.com/blog/
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