Analysis of Nasal Splints market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Global nasal splint sales are currently valued at around US$ 2.7 billion. As per Fact.MR’s research, the global nasal splints market is anticipated to expand at a CAGR of 3% to reach a market size of US$ 3.1 billion by 2027.
Sales of external nasal splints are expected to increase in tandem at a CAGR of 3% from 2022 to 2027.
Nasal Splints Market Size (2022E)
US$ 2.7 Billion
Forecasted Market Value (2027F)
US$ 3.1 Billion
Global Market Growth Rate (2022-2027)
China Growth Rate (2022-2027)
Key Companies Profiled
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Nasal splints are tools or devices that keep the nasal bones in place following any type of reconstructive surgery or rhinoplasty to maintain the contour of the nose.
A nasal splint is made of two different pieces of plastic that are stitched together inside the nose to keep them in place. Although nasal splints are typically worn to give long-term results, they can generally make breathing through the nose uncomfortable or difficult.
However, these problems go away after the stitches and splints are taken out, which typically happens a week following the operation. Furthermore, nasal splints are utilized to prevent other unfavourable surgical side effects such as bleeding from the nose and inflammation of the nostrils.
Based on product type, the nasal splints market is segmented into malleable nasal splints, airway nasal splints, and bivalve nasal splints.
To maintain the healing septum, offer septal compression, which may lessen postoperative bleeding, and lower the incidence of postoperative nasal adhesions, septoplasty splints are frequently used after septoplasty. One week after surgery, at the first postoperative visit, the septoplasty splints are removed.
Growing number of technological advancements that are pushing rhinoplasty procedures all over the world is the key driver behind the sales of nasal splints. Additionally increasing demand for reconstructive nose surgery is anticipated to increase demand for nasal splints globally.
Over the next five years, it is anticipated that demand for nasal splints will rise due to the proliferation of less invasive nasal splints such as the removal nose splints.
The global nasal splints market is set to expand at a CAGR of 3% to reach US$ 3.1 billion by the year 2027, says Fact.MR, a market research and competitive intelligence provider.
“Growing Demand for Quality Post-surgical Care to Drive Sales of Nasal Splints”
By maintaining a space between the skin of the nose and its bones, nasal splints stop the growth of hematomas, a disorder commonly known as blood clots or hematomas. As a result of the nasal cavities being loosened and the airway is opened, breathing will be easier following the operation.
Nasal splints can be removed after a week, and their main functions are to stop bleeding, lessen swelling, and lessen pain. Proper care after surgery helps in faster recovery. The demand for nasal splints is therefore anticipated to rise during the coming five years as a result of these facts.
“Technological Advancements in Cosmetic Surgeries Fueling Demand for Nasal Splints”
Demand for rhinoplasty surgery has increased as a result of the introduction of technologically enhanced treatment methods such as 3D computer-assisted technologies.
As a result, more people are choosing to undergo these operations. As a result, nasal splint demand is increasing. Technological and cosmetic developments are propelling the global market for nasal splints, which are boosting rhinoplasty treatments all over the world.
“Popular Trend of Minimally-invasive Operations Augmenting Nasal Splint Demand”
Rise in the demand for minimally-invasive procedures is to account for the growth of the nasal splints market. This also applies to the wearing of removable nose splints.
Invasive procedures hurt and frequently have a serious effect on the patient. The number of minimally-invasive operations has increased as a result of several technological developments. Removable nose splints are less painful to use, which has led to an increase in sales of nasal splints.
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“New Companies Should Focus on Creating Improved Nasal Splint Products”
A majority of well-known producers in the worldwide nasal splint market are concentrating on creating more sophisticated and efficient ENT devices because the cosmetic upgrades in these products are increasing the adoption rate.
Over the next 5 years, demand for removable nasal splints is anticipated to increase due to attractive and simple external nasal splints use. To stand out from the competition and gain an advantage over their rivals, numerous regional and worldwide vendors are competing for a higher market share.
“North America Leads Nasal Splints Market Due to Presence of Major Firms & Highly Qualified Cosmetic Surgeons”
Due to improvements in medical facilities, the existence of board-certified and trained cosmetic surgeons, and advanced surgical equipment, the North America market holds the lion's share of the global market for nasal splints. Due to a general desire among individuals to improve their beauty and aesthetic appeal, rhinoplasty is in high demand, which can be related to the expansion of the nasal splints market in North America.
Due to increased knowledge of disorders that might cause nasal abnormalities and an increase in aesthetic procedures, the Europe market maintains the second-largest share of the global market for nasal splints.
Due to an increase in nose injuries from accidents resulting in nasal deformities, the Asia Pacific market is anticipated to significantly contribute to the increasing demand for nasal splints in the coming years.
Increased income levels attract interest in physical appearance, low cost of surgical procedures, and ongoing advancements in the Asia Pacific region's healthcare infrastructure are all factors contributing to the increase in nasal splint sales.
The MEA market is expected to expand profitably over the projection period. This can be attributable to an increase in medical tourism as it is more affordable in this region.
“Rising Cosmetic Nose Surgeries Driving Demand for Nasal Splints”
Due to the strong demand for cosmetic nose procedures in the nation, it is predicted that the patient population would grow, which would, in turn, enhance the demand for nasal splints throughout the projected period.
“Rising Demand for Minimally-invasive Nose Surgeries in China”
Sales of nasal splints in China are expected to increase at a CAGR of 5% from 2022 to 2027.
Increased demand for minimally-invasive nose procedures will be a key element in the market expansion for nasal splints.
The market for nasal splints is also expanding as a result of favourable reimbursement policies and technical innovation. Other key market factors that will accelerate the sales of nasal splints are the rise in changing lifestyles accelerating cosmetic surgeries and the growing requirement for healthcare system integration.
“Easy to Use & Comfortable in Breathing Make External Nasal Splints Popular”
Based on mechanism, the nasal splints market is segmented into intranasal splints and external nasal splints.
To assist your nose and maintain its new form, external nose splints are used, they are made of a bandage of two pieces either metal or plastic that spans the length of it. Surgical tapes are also frequently used to secure it in position. Also, they lessen edoema to a minimum.
These devices are used in a majority of nose operations. After treating nasal bone fractures and rhinoplasty, the skeletal nasal framework is stabilized using an external dressing.
For one to two weeks, the external dressing maintains the alignment of the nasal bridge as the broken bones heal. External nasal splints are easy to use and a bit comfortable for patients. These factors are anticipated to increase demand for external nasal splints.
Demand for external nasal splints is predicted to expand at a CAGR of 3% from 2022 to 2027. Aluminium nasal splints are used externally, whereas silicone nasal splints are used internally to treat the injured nose.
Internal nasal splints are utilized as a part of the post-operative process to encourage hemostasis, provide structural support, and reduce scar development. Demand for intranasal splints is therefore anticipated to increase as a result of the increase in rhinoplasty procedures and the usage of nasal splints for effective post-operative care.
Growth of the intranasal splint segment is contributed to the high availability and acceptance rate of these nasal splints.
“No Surgical Removal Process Makes Biodegradable Nasal Splints Highly Popular”
Based on material, the nasal splints market is segmented into biodegradable nasal splints and non-biodegradable nasal splints.
As they do not require surgical removal after implantation, biodegradable nasal splints are becoming more and more popular. Plant-based and bio-resorbable materials are both biodegradable. They assist in natural healing by reducing bleeding after an operation or nasal trauma, removing the need for nasal packing, and promoting healing.
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The market for nasal splints is very competitive, with few major companies controlling a sizable portion of it. Both emerging and developed economies have seen an upsurge in the demand for nasal splints.
Players in the business are also hiring independent distributors to increase their market share. As a result, the quantity of distributors and suppliers in emerging markets has increased dramatically.
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The global nasal splints market is set to expand at 3% CAGR from 2022 to 2027.
The global market for nasal splints is currently valued at US$ 2.7 billion.
By 2027, nasal splint demand is anticipated to reach US$ 3.1 billion.
Increase in reconstructive cosmetic surgeries, particularly rhinoplasty, nose injuries, rising demand for minimally-invasive procedures, and growing awareness of nasal abnormalities are key factors driving the market for nasal splints.
North America is anticipated to lead the worldwide nasal splints market.
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