North America Nasal Packing Devices Market

North America Nasal Packing Devices Market Size, Share & Industry Trends Analysis Report By Product (Spray, Gel, Injectable, and Dressings), By Type (Non-absorbable and Bio-resorbable), By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-9750 Publication Date: June-2022 Number of Pages: 55
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Market Report Description

The North America Nasal Packing Devices Market would witness market growth of 4.7% CAGR during the forecast period (2022-2028).

The type of epistaxis, which is anterior or posterior based on the location of the bleeding source, can be used to classify nasal packing. Because anterior bleeding is more usual among patients, anterior nasal packing is in higher demand. Patients must be admitted to the hospital to have posterior nasal packing applied. It is recommended that nasal packing be used only when the source of bleeding has been established. Nasal packing has usually consisted of lubricant, antibiotics, or ointments placed on a ribbon gauze.

To address the problem of mucosal disruption, an absorbent nonadherent nasal packing made of a cotton fleece wrapped in a water-repellent, perforated plastic film was created in the 1970s, and it is still being widely used. Lately, hygroscopic foam packing has been developed, which can absorb up to 10 to 20 times its own weight in fluids. These increasingly used packing materials constrict the local vasculature when moistened. There are a variety of brands and types to choose from, some of which have been designed with unique applicators and ventilation systems.

There is a significant prevalence of the geriatric population in this region. According to the Administration of Community Living, in 2019, the population of people aged 65 and above in the United States reached 54.1 million. They accounted for 16% of the overall population or one out of every seven Americans. Since 2009, the number of elderly Americans has increased by 14.4 million (or 36%), compared to a 3% increase in the population under 65. From 2009 to 2019, the number of Americans aged 45 to 64 years old (those who will turn 65 in the next two decades) increased by 4%, from 80.3 million to 83.3 million. The number of people aged 60 and up in the United States increased by 34%, from 55.7 million to 74.6 million.

In 2019, 3.8 million people became 65 years old. Between 2018 and 2019, the Census Bureau estimated a net rise of 1.7 million individuals aged 65 and up in the United States. From 6.6 million in 2019 to 14.4 million in 2040, the population of people aged 85 and up is expected to more than double (a 118% increase). Due to the fact that the prevalence of epistaxis is found more common in geriatric people, the demand for nasal packing is rising. Therefore, the growth of regional nasal packing devices is rising.

The US market dominated the North America Nasal Packing Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $65,861.9 Thousands by 2028. The Canada market is poised to grow at a CAGR of 7.1% during (2022 - 2028). Additionally, The Mexico market would display a CAGR of 6.2% 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 U.S., Mexico, Canada, and Rest of North America.

Free Valuable Insights: The Global Nasal Packing Devices Market is Estimated 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.

Scope of the Study

Market Segments Covered in the Report:

By Product

  • Spray
  • Gel
  • Injectable
  • Dressings

By Type

  • Non-absorbable
  • Bio-resorbable

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • 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
  • Aegis Lifesciences Pvt. Ltd.
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