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The Global Nasal Splints Market to Grow Positively at a CAGR of 3.47%% During the Study Period (2019-27), DelveInsight

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The Global Nasal Splints Market to Grow Positively at a CAGR of 3.47%% During the Study Period (2019-27), DelveInsight

August 31
10:56 2022
The Global Nasal Splints Market to Grow Positively at a CAGR of 3.47%% During the Study Period (2019-27), DelveInsight

Nasal Splints Market Insights Report, the global Nasal Splints market is expected to witness significant growth owing to an increasing prevalence of nasal bone movements from their positions to avoid side effects such as nose-bleeding, inflammation inside the nostrils and owing to the rising prevalence of rhinoplasty, septoplasty, sinus surgery, and nasal fracture repair. Furthermore, the rising number of nose-related surgeries performed is also a major factor contributing to the Nasal Splints market growth. This report will provide an in-depth understanding of the Nasal Splints market which will further benefit the competitors or stakeholders operating in the Nasal Splints market.

 

Key Takeaways from the Nasal Splints Market Report

  • According to DelveInsight analysis, North America is anticipated to dominate the global Nasal Splints market during the forecast period.
  • The leading Nasal Splints companies with various nasal surgery splints such as Boston Medical Products Inc., Summit Medical LLC, Olympus, Smith+Nephew PLC, DTR Medical Ltd., Network Medical Products Ltd., Surgiform Technologies LLC, Medtronic PLC, Hemostasis, LLC, Anthony Products, Inc., Traumec Health Technology, Audio Technologies SRL, Websinger Ges.m.b.H., Stryker Corporation, SPIGGLE & THEIS Medizintechnik GmbH, EON Meditech Pvt. Ltd., and others are currently working in the Nasal Splints market.
  • In November 2020, Thyssen’sche Handelsgesellschaft mbH (THG) acquired a majority stake in SPIGGLE & THEIS Medizintechnik GmbH. The business of SPIGGLE & THEIS is related to the development, production, and distribution of medical products for the ENT segment. Since SPIGGLE & THEIS has a strong international footprint, these kinds of acquisitions help the Nasal Splints market to grow.
  • In October 2019, Innovia Medical acquired DTR Medical. DTR Medical specializes in the design and manufacture of single-use surgical instruments for general and specialist surgical procedures. This kind of acquisition helps Innovia Medical to expand its product portfolio, which will eventually boost the Nasal Splints Market growth.
  • Thus, owing to the launch of such devices, there will be a rapid growth observed in the Nasal Splints market during the forecast period.

 

For further information of market report offering- https://www.delveinsight.com/sample-request/nasal-splints-market

 

Nasal Splints Overview

Nasal Splints are devices that are used for preventing nasal bone movements from their positions to avoid side effects that include nose bleedings, inflammation happening inside the nostrils, and in order to maintain the shape of the nose after reconstructive surgeries or rhinoplasty. They are made from biodegradable materials and do not require any form of surgical removal after the implantation process. The biodegradable material in the nasal splints comprises of plant-based and bioresorbable materials. They help in reducing bleeding after nasal trauma cases or nose surgeries, eliminating the need for painful nasal packing removal for patients and acting as an adjunct to the normal healing process.

 

Nasal Splints Types

There are two types of Nasal Splints: external nasal splints and internal nasal splints. Nasal Splint uses may include after the surgeries such as Nasal Splints Septoplasty, Nasal Splint Rhinoplasty, and Rhinoseptoplasty.

 

Nasal Splints Market Dynamics

The Nasal Splints market is witnessing a growth in product demand owing to various factors, such as a rise in the number of reconstructive cosmetic surgeries that are taking place across the globe. In addition, the integration of advanced technologies, such as nasal splints made from biodegradable material that can be dissolved once their work is done, is advancing at a great pace. Such technological advancement in the field of Nasal Surgery Splints is likely to boost the Global Nasal Splints market.

 

COVID19 Impact on the Nasal Splints Market

Further, the outbreak of the pandemic led to the cancellation of outpatient visits and the suspension of non-emergency hospitals and procedures. This resulted in the reduced number of routine clinical examinations of cosmetic surgeries and related procedures. However, vaccine development of COVID-19 has initiated the process of economic recovery with the easing of lockdown restrictions and the return of normalcy in the economic landscape which has initiated the process of resumption of regular healthcare services such as outpatient’s visits and resumption of healthcare services, thereby bringing the demand for products on track in the Nasal Splints market. As per the American Society of Plastic Surgeons 2021, the society’s board-certified plastic surgeons reported that they stopped performing elective surgical procedures for an average of 8.1 weeks in 2020 due to COVID-19, or 15% of the year, which resulted in the decline in the total number of procedures performed last year. But, the patients were willing to get surgeries done more now than before.

 

Scope of the Nasal Splints Market Report

  • Coverage: Global
  • Study Period: 2019-2027
  • Nasal Splints Market Segmentation By Type – Malleable Nasal Splints, Nasal Airway Splints, Bivalve Nasal Splints
  • Nasal Splints Market Segmentation By Application – Plastic Surgery, ENT-Surgery, Others
  • Nasal Splints Market Segmentation By Route of Administration – Intranasal, Extra Nasal
  • Nasal Splints Market Segmentation By End-User – Hospitals & Clinics, Ambulatory Surgical Centers (ASC), Others
  • Nasal Splints Market Segmentation By Geography – North America, Europe, Asia-Pacific, and Rest of World
  • Key Nasal Splints Companies – Boston Medical Products Inc., Summit Medical LLC, Olympus, Smith+Nephew PLC, DTR Medical Ltd., Network Medical Products Ltd., Surgiform Technologies LLC, Medtronic PLC, Hemostasis, LLC, Anthony Products, Inc., Traumec Health Technology, Audio Technologies SRL, Websinger Ges.m.b.H., Stryker Corporation, SPIGGLE & THEIS Medizintechnik GmbH, EON Meditech Pvt. Ltd., among others
  • Porter’s Five Forces Analysis, Product Profiles, Case Studies, KOL’s Views, Analyst’s View

 

Request Sample Report- https://www.delveinsight.com/sample-request/nasal-splints-market

 

Table of content

1. Nasal Splints Market Report Introduction

2. Nasal Splints Market Executive summary

3. Regulatory and Patent Analysis

4. Nasal Splints Market Key factors analysis

5. Nasal Splints Porter’s Five Forces Analysis

6. COVID-19 Impact Analysis on Nasal Splints Market

7. Nasal Splints Market layout

8. Nasal Splints Global Company Share Analysis – Key 3-5 Companies

9. Nasal Splints Company and Product Profiles

10. Project Approach

11. KOL Views

12. DelveInsight Capabilities

13. Disclaimer

14. About DelveInsight

 

About Us

DelveInsight is a Business Consulting and Market research company, providing expert business solutions for the healthcare domain and offering quintessential advisory services in the areas of R&D, Strategy Formulation, Operations, Competitive Intelligence, Competitive Landscaping, and Mergers & Acquisitions.

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