Nasal Splints Market - By Type (Malleable, Airway, Bivalve, & Septal), Material (Plastic, Metal, Silicon, Bioabsorbable Splints), Application (Plastic Surgeries, Rhinoplasty, Septoplasty, Nasal Fractures), End-use – Global Forecast (2024 – 2032)
Report ID: GMI9587
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Published Date: May 2024
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Report Format: PDF
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Premium Report Details
Base Year: 2023
Companies covered: 14
Tables & Figures: 286
Countries covered: 23
Pages: 210
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Nasal Splints Market Size
Nasal Splints Market size was valued at around USD 2 billion in 2023 and is estimated to grow at 4.6% CAGR from 2024 to 2032. Nasal splints are medical devices used to support and stabilize the nasal structure following surgery or injury. They help maintain the shape and function of the nose during the healing process and can be placed either internally or externally.
The market is experiencing steady growth, driven by a range of factors including the increasing prevalence of nasal surgeries, advancements in medical technology, and a growing awareness of the benefits of post-surgical care. For instance, according to a December 2023 article published by the World Health Organization (WHO), accidents result in approximately 1.19 million fatalities annually, with an additional 20 to 50 million individuals sustaining non-fatal injuries.
Consequently, individuals seeking to correct nose deformities often undergo nasal surgery, during which a nasal splint is employed to safeguard and preserve the shape of the nose. The market encompasses a variety of products designed for different applications, including internal and external nasal splints made from materials such as silicone, plastic, and aluminum.
The nasal splints market is expected to continue its growth trajectory, driven by ongoing advancements in medical technology, increasing surgical procedures, and expanding healthcare infrastructure. The integration of new materials and designs will further enhance the efficacy and comfort of nasal splints, fostering greater adoption and improving patient outcomes. Continuous efforts to raise awareness and educate both healthcare providers and patients about the benefits of nasal splints will play a crucial role in shaping the market's future landscape.
Nasal Splints Market Trends
Nasal Splints Market Analysis
Based on type, the market is segmented into malleable nasal splints, airway nasal splints, bivalve nasal splints, and septal nasal splints. The malleable nasal splints segment of the market is forecasted to reach USD 1.1 billion by 2032. Malleable nasal splints are gaining traction in the medical field due to their flexibility and adaptability in providing support and stabilization to the nasal structure.
Based on application, the nasal splints market is segmented into plastic surgeries, rhinoplasty, septoplasty, and nasal fractures. The septoplasty segment accounted for USD 1.1 billion in 2023.
Based on material type, the nasal splints market is segmented into plastic splints, metal splints, silicon splints, and bioabsorbable splints. The silicon splints segment accounted for USD 842.9 million in 2023.
Based on end-use, the nasal splints market is segmented into hospitals, clinics, ambulatory surgical centers, and other end-users. The hospitals segment accounted for USD 577 million in 2023.
The U.S. nasal splints market is forecasted to reach USD 950.2 million by 2032, driven by a combination of technological advancements, regulatory compliance, patient safety concerns, and operational efficiency needs.
The nasal splints market in UK is expected to experience significant and promising growth from 2024 to 2032.
Japan nasal splints market is anticipated to witness lucrative growth between 2024 – 2032.
The nasal splints market in Saudi Arabia is expected to experience significant and promising growth from 2024 to 2032.
Nasal Splints Market Share
The global market for nasal splints is highly competitive, driven by the presence of several key players competing to gain market share and maintain a competitive edge. These players include medical device manufacturers, pharmaceutical companies, and healthcare providers offering nasal splint products and related services. Compliance with regulatory standards and quality assurance requirements is essential for market competitiveness. Companies invest in obtaining regulatory approvals, certifications, and maintaining adherence to quality management systems to ensure product safety, efficacy, and market acceptance.
Nasal Splints Market Companies
Some of the eminent market participants operating in the nasal splints industry include:
Nasal Splints Industry News:
The nasal splints 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 Type
Market, By Material Type
Market, By Application
Market, By End-use
The above information is provided for the following regions and countries: