Global Ear and Nasal Packing Market is expected to reach USD 257.32 million by 2024 from USD 168.14 million in 2016, at a CAGR of 5.6%. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Segmentation: Global Ear and Nasal Packing Market
• By Distribution Channel
o Direct Tender,
• Ambulatory Centers
• North America,
• South America,
• Middle East and Africa
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Drivers: Global Ear and Nasal Packing Market
The major factors driving the growth of this market are the high prevalence of chronic sinusitis growing adoption of minimally invasive procedures are some of the other factors which boost the market growth.
HIGH PREVALENCE OF CHRONIC SINUSITIS
Sinusitis is an inflammatory condition which affects the nose and paranasal sinuses. Ear and nasal packing products are developed from bio absorbable materials that are used after ear and nose surgery to prevent adhesion of mucosal surfaces. According to an article published in the National Center for Biotechnology Information (NCBI), chronic sinusitis is the most prevalent chronic diseases in the United States. However, chronic sinusitis is demanding in the diagnosis because its signs overlap those of many other disease processes. According to National Health Interview (NHI) Survey, in 2015, 11.7% sinusitis prevalence cases have been reported out of all respiratory disease cases in U.S.
As older population are at high risk for developing various chronic diseases and related disabilities including ear and nose, this causes demand for ear and nasal packing devices to diagnose diseases.
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Major Players: Global Ear and Nasal Packing Market
Some of the major players operating in this market are:-
• Medtronic, Stryker,
• Summit Medical Group,
• Entellus Medical, Inc.,
• Smith & Nephew,
• Boston Scientific Corporation,
• Olympus Corporation,
• Network Medical Products Ltd.,
• Lohmann & Rauscher GmbH & Co. KG and DCC plc.
• among others.
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