Global Nasal Splint Market 2018-2022

The global nasal splint market is predicted to reach a size of more than USD 3 billion by 2022 with the increasing adoption of nasal splints accustomed by cosmetic advances. Wondering how to make the most of this booming nasal splint industry? Technavio’s extensive industry research report offers a detailed insight that will allow you to take full advantage of the opportunities available to you. This study provides an in-depth analysis of the market by considering the evolving demographics and consumer behavior in the global nasal splint market. It also examines the competitive landscape and some key nasal splint vendors that include Boston Medical Products, Innovia Medical, and Medtronic.

Get an impression below about how you can gain compelling insights from Technavio’s market research report? Check out the latest facts about the nasal splint industry

The global nasal splint market is expected to grow at a CAGR of almost 4% during the forecast period

Nasal splint industry growth is expected to accelerate over the next five years, driven by growing adoption of various types of nasal splints driven by the advances in the cosmetic industry. The Americas will drive around 48% of the growth for the global nasal splint market, while EMEA and APAC are also predicted to contribute significantly to the incremental growth in the forecast period. The use of nasal splint is mainly driven by the increasing number of technological advances which is promoting rhinoplasty procedure across the globe. Also, the growing number of less invasive nasal splints such as removal nasal splint is expected to contribute to the increase in demand for nasal splints over the next five years. Technavio’s nasal splint industry analysis reveals promising markets around the world.

Want a bigger picture? Get a FREE sample of this report now!

See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.

Intranasal splints dominated the nasal splint market by product type

The intranasal splints are the leading product segment in the nasal splint market with a market share of almost 67% in 2017, followed by extranasal splints product segment. Intranasal splints are likely to remain dominant in the global nasal splint market over the forecast period, although extranasal splints will witness a faster growth over the next five years. In addition, factors such as growing preference for nasal splints after a surgery such as rhinoplasty procedure is expected to boost the demand for nasal splints over the next few years.

Get more value with Technavio’s subscription platform! Gain easy access to all Technavio’s reports, along with on-demand services. Start your 14-day FREE trial

Boston Medical Products, Innovia Medical, and Medtronic are among the leading nasal splint manufacturers

Most of the established manufacturers in the global nasal splint market are focused on developing advanced and more effective ENT devices as cosmetic advanced involved in these devices is boosting the adoption rate. External nasal splints are cosmetically pleasing and easy to apply which is expected to boost the demand for removable nasal splints over the next few years. Many international and regional vendors are vying for their share of the market, and players must differentiate themselves to gain vital traction over their peers.

This report offers a complete analysis of several companies, including:

• Boston Medical Products
• Innovia Medical
• Medtronic
• Olympus
• Smith & Nephew

Want to dial in on a specific region or segment? We can help! Our analysts can customize this report to meet your requirements. Get in touch