What is Nasal Dressing?
Nasal dressing are dressing products used in postoperative mucosal healing involving nasal surgeries. These products find application in mucosal healing and synechiae formation. Nasal dressing products are advanced treatment options for most of the common post-endoscopic sinus surgery complications. These products prevent recurrent symptoms and subsequent failure arising from nasal surgeries. Nowadays, evidence has shown that nasal dressing products offer patients a better recovery period than conventional dressings.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Largest Market | North America |
Unit | Value (USD Million) |
Key Companies Profiled | Medtronic (Ireland), Dale Medical (United States), Anika Therapeutics (United States), Stryker (United States), Smith & Nephew plc. (United Kingdom), Surgical Tools, Inc (United States), Boston Medical Products Inc (United States), POLYGANICS (Netherlands) and Lohmann & Rauscher (Austria) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Bioresorbable and Not Absorbable) , by application (General Surgery, Otorhinolaryngology and Chronic) and major geographies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Nasal Dressing market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Nasal Dressing market report suggests strategies that Players can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are Medtronic (Ireland), Dale Medical (United States), Anika Therapeutics (United States), Stryker (United States), Smith & Nephew plc. (United Kingdom), Surgical Tools, Inc (United States), Boston Medical Products Inc (United States), POLYGANICS (Netherlands) and Lohmann & Rauscher (Austria).
Market Overview:
On 6th August 2021, Medtronic has announced a definitive agreement to acquire Intersect ENT for USD1.1 billion. Medtronic will pay USD 28.25 per share for all outstanding shares of the Menlo Park, California-based sinus implant manufacturer. The transaction is expected to close near the end of Medtronic's fiscal year, subject to the satisfaction of customary closing conditions, including regulatory clearances and stockholder approval from Intersect ENT.
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations.
Nasal Dressing Market Dynamics:
Attributes | Details |
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Growth Drivers | - Rising Prevalence of Chronic and Respiratory Patients
- Increase in Emergency Visits for Nasal Surgeries
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Major Trends | - Surging R&D and Investments by the Leading Manufacturers
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Restraints | - Fluctuation in the Price of Raw Material
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Road Blocks / Challenges | - Lack of Insufficient Skilled Professionals
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Gaps & Opportunities | - Rising CRS, Septal Deviation, and Inferior Turbinate Hypertrophy Patients
- Availability of Advance Medical Facilities and Continuous Postoperative Healthcare Training Session in Emerging Market
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Key highlights of the Global Nasal Dressing market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Nasal Dressing market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Nasal Dressing market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Nasal Dressing Players
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Nasal Dressing market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Nasal Dressing market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Nasal Dressing Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.