Pune, India -- (SBWire) -- 01/26/2018 --According to new Study 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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Global Ear and Nasal Packing Market By Type (Nasal (Injectable, Gel, Dressings (Sponges, Splints, Strips)), Ear (Injectable, Gel, Dressings (Sponges, Splints, Strips))), By Material (Bioresorbable (Chitosan, HYAFF, Combination), Non-Absorbable (CMC, Synthetic, Others)), By Distribution Channel (Direct Tender, OTC), By End-User (Hospitals, Clinics, Ambulatory Centers), By Geography (North America, Europe, APAC, South America, Middle East and Africa) – Trends and Forecast to 2024
Key Points:
Global ear and nasal packing market is dominated Medtronic, followed by Stryker and Smith & Nephew along with others such as Summit Medical Group, Entellus Medical, Inc., Olympus Corporation, Network Medical Products Ltd., Lohmann & Rauscher GmbH & Co. KG and DCC plc among others.
The global nasal packing market is expected to reach USD 164.38 million by 2024, from USD 104.03 million in 2016, growing at the highest CAGR of 6.0%.
The global non-absorbable ear and nasal packing market is expected to reach USD 72.88 million by 2024, from USD 50.99 million in 2016, growing at a CAGR of 4.7%.
Report Segmentation:
The global ear and nasal packing market is segmented on the basis of type, material, end user and distribution channel.
On the basis of product type:- Nasal packing and ear packing.
In 2017, nasal packing segment is expected to dominate the global ear and nasal packing market with 62.1% market share and is expected to reach USD 164.38 million by 2024, with the highest CAGR of 6.0% in the forecast period 2017 to 2024.
On the basis of material:- Bioresorbable and non-absorbable. In 2017, bioresorbable segment is expected to dominate the global ear and nasal packings market with 69.9% market share and is expected to reach USD 184.44 million by 2024, with the highest CAGR of 5.9% in the forecast period 2017 to 2024.
On the basis of end user:- Hospital, clinics, ambulatory centers and others. In 2017, hospital segment is expected to dominate the market, expected to reach USD XX million by 2024, growing at the highest CAGR of 6.2% in the forecast period.
On the basis of distribution channel:- Direct tenders and over the counter. The direct tender is expected to dominate the global ear and nasal packing market with 65.2% market share, growing at the highest CAGR 6.0% in the forecast period 2017 to 2024.
Table of Contents:
INTRODUCTION
1.1. OVERVIEW OF THE EAR AND NASAL PACKING MARKET
1.2. MARKET SEGMENTATION & COVERAGE
RESEARCH METHODOLOGY
2.1. KEY TAKEAWAYS
2.2. ARRIVING AT THE EAR AND NASAL PACKING SIZE
2.3. GLOBAL EAR AND NASAL PACKING MARKET: RESEARCH SNAPSHOT
2.4. ASSUMPTIONS
MARKET LANDSCAPE SUMMARY
PREMIUM INSIGHTS
4.1. OVERVIEW
4.2. GLOBAL EAR AND NASAL PACKING MARKET: KEY PRIMARY INSIGHTS
4.3. MARKET OVERVIEW
4.4. KEY MARKET TRENDS AND UPCOMING TECHNOLOGIES
EXECUTIVE SUMMARY
EAR AND NASAL PACKING MARKET, BY TYPE
6.1. OVERVIEW
6.2. NASAL PACKING, BY PRODUCT TYPE (2014 – 2022)
6.3. EAR PACKING, BY PRODUCT TYPE (2014 – 2022)
EAR AND NASAL PACKING MARKET, BY MATERIAL
7.1. OVERVIEW
7.2. BIORESORBABLE, BY MATERIAL
7.3. NON-ABSORBABLE
EAR AND NASAL PACKING MARKET, BY END USER
EAR AND NASAL PACKING MARKET, BY DISTRIBUTION CHANNEL
EAR AND NASAL PACKING MARKET, BY GEOGRAPHY
10.1. COUNTRYWISE EAR AND NASAL PACKING MARKET,
10.1.1. NORTH AMERICA
10.1.2. EUROPE
10.1.3. ASIA-PACIFIC (APAC)
10.1.4. SOUTH AMERICA
10.1.5. MIDDLE EAST AND AFRICA
10.2. KEY PRIMARY INSIGHTS: BY MAJOR COUNTRIES
EAR AND NASAL PACKING MARKET: COMPETITIVE LANDSCAPE
EAR AND NASAL PACKING MARKET, COMPANY PROFILES
12.1. MEDTRONIC
12.2. STRYKER
12.3. SUMMIT MEDICAL
12.4. SMITH AND NEPHEW
12.5. ENTELLUS MEDICAL, INC.
12.6. OLYMPUS MEDICAL
12.7. BOSTON MEDICAL PRODUCTS, INC.
12.8. LOHMANN & RAUSCHER
12.9. NETWORK MEDICAL PRODUCTS LTD.
12.10. FANNIN
APPENDIX
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Side effects of the ENT packing products and lack of trained otolaryngologists may hinder the growth of the market.
Many companies are increasingly focusing on technological advancement of devices in order to strengthen their product portfolios in the ear and nasal packing market.
Competitive Landscape:
The global ear and nasal packing market report is highly fragmented with various companies operating in local regions. The major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
Top Companies Analysis:
Medtronic,
Stryker,
Summit Medical,
Smith and Nephew,
Entellus Medical, Inc.,
Olympus Medical,
Boston Medical Products, Inc.,
Lohmann & Rauscher,
Network Medical Products, Ltd. and Fannin
among others.
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Ear and Nasal Packing Market Share, Growth by Top Company, Region, Application, Driver, Trends & Forecasts by 2024
Global Ear and Nasal Packing Market By Type, Ear, By Material, Non-Absorbable, By Distribution Channel, By End-User , By Geography – Trends and Forecast to 2024