About Nasal Dressing
Nasal dressing are dressing products used in postoperative mucosal healing involving nasal surgeries. These products find application in mucosal healing and synechiae formation. Nasal dressing products are advanced treatment options for most of the common post-endoscopic sinus surgery complications. These products prevent recurrent symptoms and subsequent failure arising from nasal surgeries. Nowadays, evidence has shown that nasal dressing products offer patients a better recovery period than conventional dressings.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Nasal Dressing 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.
Medtronic (Ireland), Dale Medical (United States), Anika Therapeutics (United States), Stryker (United States), Smith & Nephew plc. (United Kingdom), Surgical Tools, Inc (United States), Boston Medical Products Inc (United States), POLYGANICS (Netherlands) and Lohmann & Rauscher (Austria) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Nasal Dressing market by Type (Bioresorbable and Not Absorbable), Application (General Surgery, Otorhinolaryngology and Chronic) and Region.
On the basis of geography, the market of Nasal Dressing 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). North America region held largest market share in the year 2023. If we see Market by End User, the sub-segment i.e. Hospitals will boost the Nasal Dressing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Surging R&D and Investments by the Leading Manufacturers
Market Growth Drivers:
Rising Prevalence of Chronic and Respiratory Patients and Increase in Emergency Visits for Nasal Surgeries
Challenges:
Lack of Insufficient Skilled Professionals
Restraints:
Fluctuation in the Price of Raw Material
Opportunities:
Rising CRS, Septal Deviation, and Inferior Turbinate Hypertrophy Patients and Availability of Advance Medical Facilities and Continuous Postoperative Healthcare Training Session in Emerging Market
Market Leaders and their expansionary development strategies
On 6th August 2021, Medtronic has announced a definitive agreement to acquire Intersect ENT for USD1.1 billion. Medtronic will pay USD 28.25 per share for all outstanding shares of the Menlo Park, California-based sinus implant manufacturer. The transaction is expected to close near the end of Medtronic's fiscal year, subject to the satisfaction of customary closing conditions, including regulatory clearances and stockholder approval from Intersect ENT.
On 14th April 2021, Medtronic plc, the global leader in medical technology, launched the Medtronic Extended infusion set in select European countries, the first and only infusion set that can be worn for up to 7 days. An infusion set is a tube that transports insulin from the pump to the body and must be changed every few days.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Nasal Dressing Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
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.