About Epistaxis Device
Epistaxis is a situation that results in uncertain nose bleeding from either of the nostrils. The epistaxis device consists of the CMC fabric over an inflatable PVC balloon and the nasal dressings have a CMC fabric bag over a special sponge. The dressings are also capable of acting as a drug delivery system. Epistaxis device comprises of nasal packing devices that are used in the treatment and prevention of nosebleeds. The application of epistaxis devices in anterior epistaxis and posterior epistaxis.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Epistaxis Device is a fragmented market due to the presence of various players. The players are focusing on strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Epistaxis Device market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
DeRoyal Industries Inc. (United States), Medtronic Plc (Ireland), Pfizer Inc. (United States), Smith & Nephew Plc (United Kingdom), Stryker Corp. (United States), Teleflex Inc. (United States), Summit Medical, Inc. (United States), King Pharmaceutical, Inc. (United States), GlaxoSmithKline plc (United Kingdom), Entellus Medical (United States) and Bristol-Myers Squibb Company (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are CogENT Therapeutics (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Epistaxis Device market by Type (Nasal Tampons, Nasal Catheters, Nasal Packing and Others), Application (Anterior Epistaxis and Posterior Epistaxis) and Region.
On the basis of geography, the market of Epistaxis Device has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End-User, the sub-segment i.e. Hospitals will boost the Epistaxis Device market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advances in Materials of Epistaxis Device Used After Functional Endoscopic Sinus Surgery
Market Growth Drivers:
Rising Cases of Epistaxis, Increase in a Number of Patients with Nasal and Sinus Cancers and Rise in the Prevalence of High BP and Air Pollution
Challenges:
Lack of Awareness about Epistaxis Treatment
Restraints:
Side Effects of Nasal Packing
Opportunities:
Increasing Investment in Healthcare Infrastructure by Developing Countries
Market Leaders and their expansionary development strategies
In June 2019 - Medtronic plc, a global leader in medical technology, announced it has completed the acquisition of Titan Spine, a privately held titanium spine interbody implant and surface technology company. The acquisition of Titan Spine strengthens Medtronic’s position as a leading innovator in procedural solutions for spine surgery.
In May 2019 - Medtronic plc, a global leader in percutaneous coronary intervention (PCI) innovation, announced launch of the Telescope(TM) Guide Extension Catheter, a newly designed catheter used to provide additional backup support and access to distal lesions. Guide extension catheters help deliver coronary stents, balloons and other interventional devices during angioplasty procedures that help to restore blood flow through the coronary and peripheral arteries.
Key Target Audience
Manufacturers of Epistaxis Device, Suppliers of Epistaxis Device, Wholesalers, Distributors and Retailers of Epistaxis Device, Healthcare Industry, Regulatory Bodies and Governmental Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.