Epistaxis Market Size, Trends, Shares, Insights and Forecast - 2027


Posted July 20, 2020 by tejasa

Epistaxis, also known as nose bleeding, is a common clinical condition that results in loss of blood from the tissue lining of the nose.

 
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Epistaxis, also known as nosebleed, occurs due to rupture of small blood vessel in the lining of nose, as the interior of the nose is highly delicate and sensitive. Also, the interior of nose cannot tolerate certain factors that make the cells fragile and prone to burst resulting in bleeding. Nosebleeds are common during winter season, as upper respiratory infections mostly occur during this season.
In most cases, epistaxis responds effectively to nasal cauterization or nasal packaging or both the treatments. People experiencing recurrent bouts of nosebleeds are usually recommended to undergo surgical options or embolization procedures that are available in hospitals and ENT clinics. The most common treatment adopted for epistaxis patients is either chemical or electrical cautery. This method is easy to perform, cheap, and does not involve any serious risk. Cauterization refers to a procedure, in which a small tissue at the bleeding site is removed or burnt with the help of chemicals such as silver nitrate or mild electric shocks.
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Moreover, various topical applications such as tranexamic acid are available in the market that helps to curtail nosebleeds. According to a research article published in International Journal of Otolaryngology in 2015, epistaxis is estimated to affect around 10-12% of the global population, of which around 80% patients require medical attention, as majority of epistaxis cases are not self-limiting and cannot be resolved due to intervention. An increasing number of cases of nosebleeds is expected to drive growth of the global epistaxis market.
The global epistaxis market size is estimated to be valued at US$ 145.9 million in 2019 and is expected to witness a CAGR of 5.4% over the forecast period (2019–2027).
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Table of Contents
1. Research Objectives and Assumptions
◦ Research Objectives
◦ Assumptions
◦ Abbreviations
2. Market Purview
◦ Report Description
▪ Market Definition and Scope
◦ Executive Summary
▪ Market Snippet, By Drug Type
▪ Market Snippet, By Distribution Channel
▪ Market Snippet, By Region
◦ Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
◦ Market Dynamics
▪ Drivers
▪ Restraints
▪ Market Opportunities
◦ Impact Analysis
◦ Market Trends
◦ Regulatory Scenario
◦ Reimbursement Scenario
◦ Epidemiology
◦ PEST Analysis
◦ Recent Product Launch
◦ Merger and Acquisition Scenario
Top players in the market
Key players operating in the global epistaxis market include Smith & Nephew, Medline Industries, Inc., Bristol-Myers Squibb Pharma Company, Ciron Drugs, and King Pharmaceuticals, Inc.
Research methodology adopted by Coherent Market Insights
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
• Primary Research (Trade Surveys and Experts Interviews)
• Desk Research
• Proprietor Data Analytics Model
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
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Issued By Coherent Market Insights
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Categories Business , Health , Marketing
Last Updated July 20, 2020