The Latin America, Middle East and Africa Nasal Packing Devices Market would witness market growth of 8.8% CAGR during the forecast period (2022-2028).
Within a week of installation, these materials tend to deteriorate and can be easily vacuumed and debrided in the clinic. However, absorbable nasal packs often do not apply massive pressure and hence may not be suitable for limiting arterial bleeding. However, as compared to nonabsorbable packing, absorbable packing tends to be better tolerated by patients, with lower pain and satisfaction ratings. Nasal packing has been used to treat both posterior and anterior epistaxis for many years. A wide range of packing materials is available that operates by compressing local vasculature.
In this region, the geriatric population is gradually increasing. According to the Statistics South Africa, the number of people aged 60 and above increased from 7.1% in 1996 to 8.0% in 2011, resulting in a population rise of 2.8 million to 4.1 million people. This is one of the results of the Profile of Older Persons in South Africa report. In 2011, the ratio of old white people aged 60 and up to the total white population was 20.1%, significantly greater than the proportion of elderly black Africans to the whole black African population (6.1%). However, as compared to other population groupings, Indians/Asians had a greater yearly growth rate for people aged 60 and up between 1996 and 2011.
In addition, the number of people getting affected by epistaxis is also increasing. Epistaxis is a lethal problem, which, if in a very severe stage, can cost the life of the patient. To address this problem, the requirement for nasal packing surgeries is rising. The growth of the regional nasal packing devices market is anticipated to surge.
The Brazil market dominated the LAMEA Nasal Packing Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4,301.6 Thousands by 2028. The Argentina market is anticipated to grow at a CAGR of 9.4% during (2022 - 2028). Additionally, The UAE market would showcase a CAGR of 8.5% during (2022 - 2028).
Based on Product, the market is segmented into Spray, Gel, Injectable, and Dressings. Based on Type, the market is segmented into Non-absorbable and Bio-resorbable. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Nasal Packing Devices Market is Predict to reach $240.6 Million by 2028, at a CAGR of 5.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Smith & Nephew PLC, Medtronic PLC, Stryker Corporation, Olympus Corporation, Summit Health, Network Medical Products Ltd., Lohmann & Rauscher GmbH & Co. KG, Meril Life Science Private Limited, First Aid Bandage Company, and Aegis Lifesciences Pvt. Ltd.
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