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Nasal Packing Devices Market, By Product (Injectables, Gels, Sprays, Dressings), Type (Bioresorbable, Non-absorbable), End-use (Hospitals, Clinics, Ambulatory Surgical Centers, Home Care Settings) – Global Forecast (2024 – 2032)


Published on: 2024-07-10 | No of Pages : 240 | Industry : Healthcare

Publisher : MIR | Format : PDF&Excel

Nasal Packing Devices Market, By Product (Injectables, Gels, Sprays, Dressings), Type (Bioresorbable, Non-absorbable), End-use (Hospitals, Clinics, Ambulatory Surgical Centers, Home Care Settings) – Global Forecast (2024 – 2032)

Nasal Packing Devices Market Size

Nasal Packing Devices Market size was valued at around USD 190.7 million in 2023 and is estimated to grow at 5.2% CAGR from 2024 to 2032. Nasal packing devices are medical devices used to control bleeding, support healing, and prevent complications following nasal surgery or trauma. They are typically inserted into the nasal cavity to apply pressure to the blood vessels, absorb excess blood, and provide structural support to the nasal tissues.

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The rising prevalence of nasal conditions such as chronic sinusitis, nasal trauma, and nasal tumors contributes to the demand for nasal packing devices. As more individuals seek treatment for these conditions, the need for effective hemostatic and wound management solutions grows. According to the American Academy of Otolaryngology-Head and Neck Surgery, chronic sinusitis affects about 12.5% of adults in the U.S. annually. This high prevalence leads to a substantial number of individuals seeking medical intervention, including surgical treatments where nasal packing devices may be utilized. Nasal trauma, including fractures and other injuries, is common due to accidents, sports-related injuries, assaults, and other causes. Moreover, according to data from the American Academy of Otolaryngology-Head and Neck Surgery, nasal fractures are the third most common facial fracture, accounting for around 40% of all facial fractures in the U.S. Nasal packing devices are frequently employed in the management of nasal trauma to control bleeding and support healing.

Furthermore, ongoing research and development efforts lead to the introduction of innovative nasal packing devices with improved hemostatic properties, enhanced biocompatibility, and superior patient comfort. These advancements stimulate market growth by offering healthcare providers better treatment options.
 

Nasal Packing Devices Market Report Attributes
Report Attribute Details
Base Year 2023
Nasal Packing Devices Market Size in 2023 USD 190.7 Million
Forecast Period 2024 to 2032
Forecast Period 2024 to 2032 CAGR 5.2%
2032 Value Projection USD 300.7 Million
Historical Data for 2021 - 2023
No. of Pages 150
Tables, Charts & Figures 218
Segments covered Product, Type, End-use, and Region
Growth Drivers
  • Increasing prevalence of nasal disorders
  • Rising number of nasal surgeries
  • Growing aging population base
  • Significant technological advancements
Pitfalls & Challenges
  • Availability of alternatives
  • Side effects associated with nasal packing devices

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Nasal Packing Devices Market Trends

  • Innovations in material science and design are enhancing the efficacy and patient comfort of nasal packing devices. Manufacturers are developing biocompatible materials with improved absorbency and hemostatic properties. Additionally, advanced manufacturing techniques such as 3D printing are enabling the production of customized nasal packing devices tailored to individual patient anatomy.
  • There is a growing interest in drug-eluting nasal packing devices that can deliver medications directly to the nasal mucosa. These devices offer targeted drug delivery, reducing the risk of systemic side effects and enhancing therapeutic outcomes.
  • The shift towards minimally invasive surgical techniques is driving demand for nasal packing devices suitable for use in these procedures. Patients and healthcare providers alike prefer minimally invasive approaches due to reduced postoperative pain, faster recovery times, and improved cosmetic outcomes. As a result, there is a growing need for nasal packing devices that are easy to insert, remove, and comfortable for patients.

Nasal Packing Devices Market Analysis

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Based on product, the market is divided into injectables, gels, sprays, and dressings. The injectables segment of the nasal packing devices industry is forecasted to reach USD 67.8 million by 2032, displaying robust growth propelled by several key factors.

  • The development and adoption of injectable nasal packing devices represent a significant advancement in the field of nasal surgery and postoperative care. These devices are designed to offer targeted and controlled delivery of packing material directly into the nasal cavity, providing hemostasis, supporting wound healing, and reducing the risk of complications.
  • Advances in spray technology, materials science, and drug delivery systems have enabled the development of spray nasal packing devices with improved performance and therapeutic capabilities.
  • Continued innovation in this area is driving the development of next-generation devices that offer enhanced hemostatic properties, biocompatibility, and patient outcomes. Therefore the aforementioned factors are anticipated to propel segmental growth.

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Based on type, the nasal packing devices market is bifurcated into bioresorbable and non-absorbable. The bioresorbable segment accounted for USD 82.4 million in 2023.

  • The development and adoption of bioresorbable nasal packing devices represent a significant advancement in nasal surgery and postoperative care. These devices are designed to provide temporary support and hemostasis within the nasal cavity following surgery or trauma and are gradually absorbed by the body over time.  
  • Bioresorbable nasal packing devices offer several advantages over traditional non-resorbable packing materials, including improved patient comfort, reduced risk of complications, and environmental sustainability. As such, they are increasingly being adopted in nasal surgery and postoperative care settings, driven by the demand for more effective, patient-friendly, and environmentally conscious treatment options, thereby boosting business expansion.

Based on end-use, the market is segmented into hospitals, clinics, ambulatory surgical centers, home care settings, and other end-users. The hospitals segment accounted for USD 65.2 million in 2023.

  • Hospitals prioritize the use of nasal packing devices that are clinically effective in achieving hemostasis, preventing postoperative bleeding, and reducing the risk of complications following nasal surgeries or trauma. Devices with proven efficacy and safety profiles are preferred by healthcare providers to ensure optimal patient outcomes.
  • Additionally, ambulatory surgical centers (ASCs), which accounted for USD 87.5 billion in 2022, focus on maximizing patient throughput and minimizing procedure times. Nasal packing devices that are easy to insert, require minimal postoperative monitoring, and can be safely discharged with the patient shortly after surgery contribute to efficient patient flow and turnaround times. These factors are anticipated to propel the growth of the ambulatory surgical centers segment.

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The U.S. market is forecasted to reach USD 107.5 million by 2032, driven by the growing adoption of nasal implants, nasal surgeries, ongoing research and development efforts, and the integration of advanced technologies.

  • The U.S. has a significant population affected by nasal disorders such as chronic sinusitis, nasal trauma, and nasal tumors. The rising incidence of these conditions drives the demand for nasal packing devices as part of the treatment and management strategies.
  • Research and development efforts in the U.S. drive technological innovation in the nasal packing devices industry. Funding for research projects, collaborations between academia and industry, and investments in healthcare startups contribute to the development of next-generation nasal packing devices with advanced features and capabilities.

The nasal packing devices market in UK is expected to experience significant and promising growth from 2024 to 2032.

  • The UK's significant allocation of healthcare expenditure towards advanced medical equipment, coupled with the national health service (NHS) emphasis on technological innovation, drives the adoption of nasal packing devices across hospitals and research institutions. These instruments play a pivotal role in nasal surgeries.
  • Additionally, there is a growing trend towards nasal surgeries in the UK, driven by factors such as an aging population, increasing healthcare access, and changing lifestyles. The growing number of nasal surgeries performed each year fuels the demand for nasal packing devices.

Japan market is anticipated to witness lucrative growth between 2024 – 2032.

  • Japan has a rapidly aging population, leading to a higher prevalence of nasal disorders such as chronic sinusitis and nasal tumors. The increasing healthcare needs of the aging population drive the demand for nasal packing devices as part of treatment and postoperative care.
  • Japan is known for its advancements in medical technology and innovation. Technological advancements in surgical techniques, including endoscopic sinus surgery and rhinoplasty, create a demand for advanced nasal packing devices that offer improved hemostasis and wound management.

The nasal packing devices industry in Saudi Arabia is expected to experience significant and promising growth from 2024 to 2032.

  • Saudi Arabia has been investing significantly in its healthcare infrastructure, driven by government initiatives to improve healthcare services and infrastructure across the country. This increased healthcare expenditure supports the demand for advanced medical devices, including nasal packing devices.
  • Additionally, Saudi Arabia has emerged as a hub for medical tourism in the Middle East region, attracting patients from neighboring countries seeking specialized medical treatments, including nasal surgeries. The influx of medical tourists contributes to the demand for high-quality medical devices, including nasal packing devices, in the country.

Nasal Packing Devices Market Share

The market is highly competitive, with numerous manufacturers competing for market share. Key players often engage in product differentiation, innovation, and strategic partnerships to gain a competitive edge. Additionally, the presence of both established companies and smaller startups contributes to competitive intensity in the market. Therefore, the market exhibits a dynamic, competitive, and innovation-driven nature, shaped by regulatory requirements, technological advancements, clinical practices, and patient-centric considerations.

Nasal Packing Devices Market Companies

Some of the eminent market participants operating in the industry include

  • Aegis Lifesciences
  • Fannin Limited
  • Boston Medical Products Inc.
  • INNOVIA MEDICAL
  • Aegis Lifesciences
  • Boston Medical Products Inc.
  • Cook
  • FABCO
  • Fannin Limited
  • INNOVIA MEDICAL
  • Lohmann & Rauscher GmbH & Co. KG
  • Medtronic plc
  • Meril Life Sciences Pvt. Ltd.
  • Network Medical Products Ltd.
  • Olympus Corporation
  • Smith & Nephew plc
  • Stryker Corporation
  • Summit Medical LLC.
  • Teleflex Incorporated

Nasal Packing Devices Industry News

  • In March 2024, Olympus Corporation introduced the CELERIS single-use sinus debrider system along with the Celon Elite and single-use Celon ProBreath for managing hypertrophy of nasal turbinates in Canada. This launch signified a significant advancement, empowering physicians to potentially transition non-urgent rhinology procedures such as recurring polypectomies and functional endoscopic sinus surgery from operating rooms to their clinical offices.
  • In April 2024, Smith & Nephew plc announced the launch of its RENASYS EDGE Negative Pressure Wound Therapy (NPWT) System in the U.S. This system characterized by its lightweight and compact design, the system offers portability and ease of use. Such product launch enabled the company to diversify its product portfolio and boost industry expansion.

The nasal packing devices market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 – 2032 for the following segments

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Market, By Product

 

  • Injectables
  • Gels
  • Sprays
  • Dressings

Market, By Type

  • Bioresorbable
  • Non-absorbable

Market, By End-use

  • Hospitals
  • Clinics
  • Ambulatory surgical centers
  • Home care settings
  • Other end-users

The above information is provided for the following regions and countries

  • North America 
    • U.S.
    • Canada 
  • Europe 
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Netherlands
    • Rest of Europe 
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific 
  • Latin America 
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America 
  • Middle East and Africa 
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East and Africa

 

Table of Content

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To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )