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Nasal Packing Devices Market Size, Share & Trends Analysis Report By Product (Injectable, Gel, Sprays, Dressings), By Type (Bioresorbable, Non-absorbable), By Region, And Segment Forecasts, 2022 - 2030

May 2022 | 90 pages | ID: NABD70B1D57EEN
Grand View Research, Inc.

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Nasal Packing Devices Market Growth & Trends

The global nasal packing devices market size is expected to reach USD 271.0 million by 2030, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.1% from 2022 to 2030. This is attributed to the increasing prevalence of epistaxis and the ever-growing geriatric population. The demand for nasal packing devices is constantly on the rise, as epistaxis, also known as a nosebleed, is a commonly occurring condition. However, it is not severe in every case, and therefore people used to pay minute attention to it. But since the population has become increasingly health-conscious, many people opt to get it treated before the condition worsens.

The use of nasal packing devices increased significantly during the COVID-19 pandemic. The spread of the virus was a constant threat to healthcare professionals and patients during the pandemic. Hence, patients that suffered from epistaxis could be discharged from hospitals by applying nasal packing which, with little training, could be replaced and removed at home itself. This relieved the pressure on the hospital and minimized Epistaxis patient visits. Epistaxis, if left untreated, is a constantly occurring condition and can cause high discomfort and pain to the patient. In severe cases, it may also lead to fatality. Therefore, medical professionals first try to eliminate epistaxis through electric cauterization.

In case of failure of cauterization, nasal packing is used on the site of bleeding in the nasal cavity to create pressure and control the bleeding. In epistaxis conditions, a nasal packing can prove beneficial by achieving hemostasis, preventing desiccation, protecting the site from trauma, applying constant pressure to the mucosal walls, and protecting the nasal cavity. Nasal packing is highly used to control nasal bleeding as its advantages far outweigh the disadvantages. Post-packing care is taken by doctors to ensure patient safety. Manufacturers are also constantly investing in research and development of new products that can overcome these complications. In December 2020, Medtronic launched Novapak Nasal Sinus Packing and Stent, a single-use, dissolvable packing, intended post sinus surgery. It proved highly effective in bleeding control, prevention of adhesions, and providing a moist healing atmosphere for quick patient recovery.

Nasal Packing Devices Market Report Highlights
  • Based on type, the spray segment held a majority of the market share in terms of revenue in 2021 as they are extremely convenient to apply and eliminate the pain which is usually caused upon insertion and removal of traditional packing
  • On the other hand, the gel segment is likely to witness the fastest growth rate during the forecast period due to its features such as high hemostatic properties
  • Based on material, the non-absorbable segment dominated the market in terms of revenue share in 2021 pertaining to its cheaper price, better benefits, and increasing consumer preference
  • The bio-resorbable segment is likely to grow at the fastest rate in the coming years due to the new technological developments and the introduction of new and advanced products into the market
  • In 2021, North America dominated the market in terms of revenue share due to the growing adoption of nasal packing devices in the healthcare sector and the increasing number of epistaxis patients. In addition, a rise in COVID-19 cases in the region contributed to the market growth
  • Asia Pacific is anticipated to witness a significant growth rate over the forecast period owing to the increase in the number of nasal packing manufacturers, high unmet needs, and improving healthcare infrastructure
CHAPTER 1. REPORT SCOPE AND OBJECTIVES

1.1 Market Segmentation & Scope
1.2 Regional Scope
  1.2.1 Estimates and Forecast Timeline
1.3 Objectives
  1.3.1 Objective - 1
  1.3.2 Objective - 2
  1.3.3 Objective - 3

CHAPTER 2. METHODOLOGY

2.1 Research Methodology
2.2 Information Procurement
  2.2.1 Purchased Database
  2.2.2 Gvr’s Internal Database
  2.2.3 Secondary Sources
  2.2.4 Primary Research
2.3 Information Or Data Analysis
  2.3.1 Data Analysis Models
2.4 Model Details
  2.4.1 Commodity Flow Analysis (Model 1)
  2.4.2 Volume Price Analysis (Model 2)
2.5 List of Secondary Sources

CHAPTER 3. EXECUTIVE SUMMARY

3.1 Market Outlook
3.2 Segment Outlook
  3.2.1 Product
  3.2.2 Type
  3.2.3 Region
3.3 Competitive Insights
3.4 Nasal Packing Devices Market Outlook, 2021

CHAPTER 4. MARKET VARIABLES, TRENDS & SCOPE

4.1 Market Lineage Outlook
  4.1.1 Parent Market Outlook
4.2 Nasal Packing Devices Market Dynamics
  4.2.1 Market Driver Analysis
  4.2.2 Market Restraint Analysis
4.3 Nasal Packing Devices Market: Business Environment Analysis Tools
  4.3.1 Porter’s Five Forces Analysis
    4.3.1.1 Threat of New Entrants
    4.3.1.2 Bargaining Power of Suppliers
    4.3.1.3 Bargaining Power of Buyers
    4.3.1.4 Competitive Rivalry
    4.3.1.5 Threat of Substitutes
  4.3.2 PESTEL ANALYSIS
    4.3.2.1 Political & Legal
    4.3.2.2 Economic & Social
    4.3.2.3 Technological
4.4 Penetration & Growth Prospect Mapping
4.5 Impact of COVID-19 On Nasal Packing Devices Market

CHAPTER 5. NASAL PACKING DEVICES MARKET: PRODUCT ANALYSIS

5.1 Nasal Packing Devices Product Market Share Analysis, 2021 & 2030
5.2 Nasal Packing Devices Product Market: Segment Dashboard
5.3 Market Size & Forecasts And Trend Analyses, 2017 To 2030 For The Product Segment
  5.3.1 Injectable
    5.3.1.1 Injectable Market 2017 - 2030 (USD Million)
  5.3.2 Gel
    5.3.2.1 Gel Market 2017 - 2030 (USD Million)
  5.3.3 Spray
    5.3.3.1 Spray Market 2017 - 2030 (USD Million)
  5.3.4 Dressings
    5.3.4.1 Dressings Market 2017 - 2030 (USD Million)

CHAPTER 6. NASAL PACKING DEVICES MARKET: TYPE ANALYSIS

6.1 Nasal Packing Devices Type Market Share Analysis, 2021 & 2030
6.2 Nasal Packing Devices Type Market: Segment Dashboard
6.3 Market Size & Forecasts And Trend Analyses, 2017 To 2030 For The Type Segment
  6.3.1 Bioresorbable
    6.3.1.1 Bioresorbable Market 2017 - 2030 (USD Million)
  6.3.2 Non-Absorbable
    6.3.2.1 Non-Absorbable Market 2017 - 2030 (USD Million)

CHAPTER 7. NASAL PACKING DEVICES MARKET: REGIONAL ANALYSIS

7.1 Nasal Packing Devices Regional Market Share Analysis, 2021 & 2030
7.2 Regional Market Snapshot
7.3 North America
  7.3.1 North America Nasal Packing Devices Market 2017 - 2030 (USD Million)
  7.3.2 U.S.
    7.3.2.1 U.S. Nasal Packing Devices Market 2017 - 2030 (USD Million)
  7.3.3 Canada
    7.3.3.1 Canada Nasal Packing Devices Market 2017 - 2030 (USD Million)
7.4 Europe
  7.4.1 Europe Nasal Packing Devices Market 2017 - 2030 (USD Million)
  7.4.2 U.K.
    7.4.2.1 U.K. Nasal Packing Devices Market 2017 - 2030 (USD Million)
  7.4.3 Germany
    7.4.3.1 Germany Nasal Packing Devices Market 2017 - 2030 (USD Million)
  7.4.4 France
    7.4.4.1 France Nasal Packing Devices Market 2017 - 2030 (USD Million)
  7.4.5 Italy
    7.4.5.1 Italy Nasal Packing Devices Market 2017 - 2030 (USD Million)
  7.4.6 Spain
    7.4.6.1 Spain Nasal Packing Devices Market 2017 - 2030 (USD Million)
7.5 Asia Pacific
  7.5.1 Asia Pacific Nasal Packing Devices Market 2017 - 2030 (USD Million)
  7.5.2 Japan
    7.5.2.1 Japan Nasal Packing Devices Market 2017 - 2030 (USD Million)
  7.5.3 China
    7.5.3.1 China Nasal Packing Devices Market 2017 - 2030 (USD Million)
  7.5.4 India
    7.5.4.1 India Nasal Packing Devices Market 2017 - 2030 (USD Million)
7.6 Latin America
  7.6.1 Latin America Nasal Packing Devices Market 2017 - 2030 (USD Million)
  7.6.2 Brazil
    7.6.2.1 Brazil Nasal Packing Devices Market 2017 - 2030 (USD Million)
  7.6.3 Mexico
    7.6.3.1 Mexico Nasal Packing Devices Market 2017 - 2030 (USD Million)
7.7 Middle East And Africa (Mea)
  7.7.1 Mea Nasal Packing Devices Market 2017 - 2030 (USD Million)
  7.7.2 South Africa
    7.7.2.1 South Africa Nasal Packing Devices Market 2017 - 2030 (USD Million)

CHAPTER 8. COMPETITIVE ANALYSIS

8.1 Recent Developments & Impact Analysis, By Key Market Participants
8.2 Company Profiles
  8.2.1 SUMMIT HEALTH
    8.2.1.1 Company Overview
    8.2.1.2 Financial Performance
    8.2.1.3 Product Benchmarking
    8.2.1.4 Strategic Initiatives
  8.2.2 SMITH & NEPHEW
    8.2.2.1 Company Overview
    8.2.2.2 Financial Performance
    8.2.2.3 Product Benchmarking
    8.2.2.4 Strategic Initiatives
  8.2.3 STRYKER CORPORATION
    8.2.3.1 Company Overview
    8.2.3.2 Financial Performance
    8.2.3.3 Product Benchmarking
    8.2.3.4 Strategic Initiatives
  8.2.4 MEDTRONIC PLC.
    8.2.4.1 Company Overview
    8.2.4.2 Financial Performance
    8.2.4.3 Product Benchmarking
    8.2.4.4 Strategic Initiatives
  8.2.5 NETWORK MEDICAL PRODUCTS LTD.
    8.2.5.1 Company Overview
    8.2.5.2 Financial Performance
    8.2.5.3 Product Benchmarking
    8.2.5.4 Strategic Initiatives
  8.2.6 OLYMPUS
    8.2.6.1 Company Overview
    8.2.6.2 Financial Performance
    8.2.6.3 Product Benchmarking
    8.2.6.4 Strategic Initiatives
  8.2.7 LOHMANN & RAUSCHER
    8.2.7.1 Company Overview
    8.2.7.2 Financial Performance
    8.2.7.3 Product Benchmarking
    8.2.7.4 Strategic Initiatives
  8.2.8 MERIL LIFE SCIENCES PVT LTD
    8.2.8.1 Company Overview
    8.2.8.2 Financial Performance
    8.2.8.3 Product Benchmarking
    8.2.8.4 Strategic Initiatives
  8.2.9 FABCO
    8.2.9.1 Company Overview
    8.2.9.2 Financial Performance
    8.2.9.3 Product Benchmarking
  8.2.10 AEGIS LIFESCIENCES
    8.2.10.1 Company Overview
    8.2.10.2 Financial Performance
    8.2.10.3 Product Benchmarking
    8.2.10.4 Strategic Initiatives

LIST OF TABLES

Table 1. List of secondary sources
Table 2. North America nasal packing devices market estimates and forecasts, by country 2017 - 2030 (USD Million)
Table 3. North America nasal packing devices market estimates and forecasts, by product 2017 - 2030 (USD Million)
Table 4. North America nasal packing devices market estimates and forecasts, by type 2017 - 2030 (USD Million)
Table 5. U.S. nasal packing devices market estimates and forecasts, by product 2017 - 2030 (USD Million)
Table 6. U.S. nasal packing devices market estimates and forecasts, by type 2017 - 2030 (USD Million)
Table 7. Canada nasal packing devices market estimates and forecasts, by product 2017 - 2030 (USD Million)
Table 8. Canada nasal packing devices market estimates and forecasts, by type 2017 - 2030 (USD Million)
Table 9. Europe nasal packing devices market estimates and forecasts, by country 2017 - 2030 (USD Million)
Table 10. Europe nasal packing devices market estimates and forecasts, by product 2017 - 2030 (USD Million)
Table 11. Europe nasal packing devices market estimates and forecasts, by type 2017 - 2030 (USD Million)
Table 12. U.K. nasal packing devices market estimates and forecasts, by product 2017 - 2030 (USD Million)
Table 13. U.K. nasal packing devices market estimates and forecasts, by type 2017 - 2030 (USD Million)
Table 14. Germany nasal packing devices market estimates and forecasts, by product 2017 - 2030 (USD Million)
Table 15. Germany nasal packing devices market estimates and forecasts, by type 2017 - 2030 (USD Million)
Table 16. France nasal packing devices market estimates and forecasts, by product 2017 - 2030 (USD Million)
Table 17. France nasal packing devices market estimates and forecasts, by type 2017 - 2030 (USD Million)
Table 18. Italy nasal packing devices market estimates and forecasts, by product 2017 - 2030 (USD Million)
Table 19. Italy nasal packing devices market estimates and forecasts, by type 2017 - 2030 (USD Million)
Table 20. Spain nasal packing devices market estimates and forecasts, by product 2017 - 2030 (USD Million)
Table 21. Spain nasal packing devices market estimates and forecasts, by type 2017 - 2030 (USD Million)
Table 22. Asia Pacific nasal packing devices market estimates and forecasts, by country 2017 - 2030 (USD Million)
Table 23. Asia Pacific nasal packing devices market estimates and forecasts, by product 2017 - 2030 (USD Million)
Table 24. Asia Pacific nasal packing devices market estimates and forecasts, by type 2017 - 2030 (USD Million)
Table 25. Japan nasal packing devices market estimates and forecasts, by product 2017 - 2030 (USD Million)
Table 26. Japan nasal packing devices market estimates and forecasts, by type 2017 - 2030 (USD Million)
Table 27. China nasal packing devices market estimates and forecasts, by product 2017 - 2030 (USD Million)
Table 28. China nasal packing devices market estimates and forecasts, by type 2017 - 2030 (USD Million)
Table 29. India nasal packing devices market estimates and forecasts, by product 2017 - 2030 (USD Million)
Table 30. India nasal packing devices market estimates and forecasts, by type 2017 - 2030 (USD Million)
Table 31. Latin America nasal packing devices market estimates and forecasts, by country 2017 - 2030 (USD Million)
Table 32. Latin America nasal packing devices market estimates and forecasts, by product 2017 - 2030 (USD Million)
Table 33. Latin America nasal packing devices market estimates and forecasts, by type 2017 - 2030 (USD Million)
Table 34. Brazil nasal packing devices market estimates and forecasts, by product 2017 - 2030 (USD Million)
Table 35. Brazil nasal packing devices market estimates and forecasts, by type 2017 - 2030 (USD Million)
Table 36. Mexico nasal packing devices market estimates and forecasts, by product 2017 - 2030 (USD Million)
Table 37. Mexico nasal packing devices market estimates and forecasts, by type 2017 - 2030 (USD Million)
Table 38. MEA nasal packing devices market estimates and forecasts, by country 2017 - 2030 (USD Million)
Table 39. MEA nasal packing devices market estimates and forecasts, by product 2017 - 2030 (USD Million)
Table 40. MEA nasal packing devices market estimates and forecasts, by type 2017 - 2030 (USD Million)
Table 41. South Africa nasal packing devices market estimates and forecasts, by product 2017 - 2030 (USD Million)
Table 42. South Africa nasal packing devices market estimates and forecasts, by type 2017 - 2030 (USD Million)


LIST OF FIGURES


List of Figures

Fig. 1 Nasal packing devices market segmentation
Fig. 2 Market research process
Fig. 3 Information procurement
Fig. 4 Primary research pattern
Fig. 5 Market research approaches
Fig. 6 Value chain based sizing & forecasting
Fig. 7 Market trends & outlook
Fig. 8 Market driver relevance analysis (Current & future impact)
Fig. 9 Market restraint relevance analysis (Current & future impact)
Fig. 10 Penetration & growth prospect mapping
Fig. 11 Nasal packing devices product market share analysis, 2021 & 2030 (USD Million)
Fig. 12 Nasal packing devices product market: Segment dashboard
Fig. 13 Injectable market 2017 - 2030 (USD Million)
Fig. 14 Gel market 2017 - 2030 (USD Million)
Fig. 15 Spray market 2017 - 2030 (USD Million)
Fig. 16 Dressings market 2017 - 2030 (USD Million)
Fig. 17 Nasal packing devices type market share analysis 2021 & 2030 (USD Million)
Fig. 18 Nasal packing devices type market: Segment dashboard
Fig. 19 Bioresorbable market 2017 - 2030 (USD Million)
Fig. 20 Non-absorbable market 2017 - 2030 (USD Million)
Fig. 21 Nasal Packing Devices demographics market share analysis, 2021 & 2030 (USD Million)
Fig. 22 Nasal packing devices regional market share analysis, 2021 & 2030 (USD Million)
Fig. 23 Regional market place: Key takeaways
Fig. 24 North America nasal packing devices market 2017 - 2030 (USD Million)
Fig. 25 U.S. nasal packing devices market 2017 - 2030 (USD Million)
Fig. 26 Canada nasal packing devices market 2017 - 2030 (USD Million)
Fig. 27 Europe nasal packing devices market 2017 - 2030 (USD Million)
Fig. 28 U.K. nasal packing devices market 2017 - 2030 (USD Million)
Fig. 29 Germany nasal packing devices market 2017 - 2030 (USD Million)
Fig. 30 France nasal packing devices market 2017 - 2030 (USD Million)
Fig. 31 Italy nasal packing devices market 2017 - 2030 (USD Million)
Fig. 32 Spain nasal packing devices market 2017 - 2030 (USD Million)
Fig. 33 Asia Pacific nasal packing devices market 2017 - 2030 (USD Million)
Fig. 34 Japan nasal packing devices market 2017 - 2030 (USD Million)
Fig. 35 China nasal packing devices market 2017 - 2030 (USD Million)
Fig. 36 India nasal packing devices market 2017 - 2030 (USD Million)
Fig. 37 Latin America nasal packing devices market 2017 - 2030 (USD Million)
Fig. 38 Brazil nasal packing devices market 2017 - 2030 (USD Million)
Fig. 39 Mexico nasal packing devices market 2017 - 2030 (USD Million)
Fig. 40 MEA nasal packing devices market 2017 - 2030 (USD Million)
Fig. 41 South Africa nasal packing devices market 2017 - 2030 (USD Million)


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