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Nasal Splints Market Size

  • Report ID: GMI9587
  • Published Date: May 2024
  • Report Format: PDF

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.

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Nasal splints market size was USD 2 billion in 2023 and is expected to register 4.6% CAGR from 2024-2032 owing to the increasing prevalence of nasal surgeries, advancements in medical technology, and a growing awareness of the benefits of post-surgical care worldwide.

Nasal splints industry from the malleable nasal splints segment and is expected to reach USD 1.1 billion by 2032 due to their flexibility and adaptability in providing support and stabilization to the nasal structure.

The U.S. nasal splints industry is expected to record USD 950.2 Million by 2032 due to the technological advancements, regulatory compliance, patient safety concerns, and operational efficiency needs in the region.

Cook, Medtronic plc, Network Medical Products Ltd., Olympus Corporation, Summit Medical LLC., Stryker Corporation, Smith & Nephew plc, Surgiform Innovative Surgical Products, and Teleflex Incorporated, are some of the major nasal splints companies worldwide.

Nasal Splints Market Scope

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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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