Research Nester published a report titled “Ear and Nasal Packing Market: Global Demand Analysis & Opportunity Outlook 2031which delivers detailed overview of the global ear and nasal packing market in terms of market segmentation by type, material, end-user, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global ear and nasal packing market is anticipated to attain a CAGR of ~6% over the forecast period, i.e., 2022 – 2031. The market is bifurcated on the basis of material into bio absorbable, and non-absorbable. Out of these, the bio absorbable segment is anticipated to gain a substantial share over the forecast period, owing to the self-dissolving property of bio absorbable packing in the body. As it gets absorbed after a few days of the surgery, it eliminates the need to remove them post-surgery. This is estimated to boost the segment growth.

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The global ear and nasal packing market is forecasted to witness growth on the back of increasing number of ear and nose surgeries, along with the rising prevalence of diseases, such as, tonsils, sinusitis, and allergic rhinitis. Moreover, growing demand for minimally invasive surgeries, backed by increasing healthcare expenditure and favorable reimbursement policies, are further estimated to boost the market growth. According to the data by the World Bank, 9.845% of the gross domestic product was spent on healthcare in 2019. 

On the basis of geographical analysis, the global ear and nasal packing market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the North America region is anticipated to garner the largest market share throughout the forecast period on the back of the increasing incidences of ear and nose disorders, such as, sinus, along with the presence of an efficient healthcare system in the region. According to the data by the Center for Disease Control and Prevention, in the U.S., 11.6% adults were diagnosed with sinusitis.

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

Increasing Prevalence of Sinusitis across the Globe to boost the Market Growth

Sinus is a very common condition that can cause extreme pain in the nasal passage, headache, breathing issues, and cough. In fact, In the United States, chronic rhino sinusitis affects 1% to 5% of the population. Surgery or dilation devices are required, in case of acute sinusitis. As a result, the demand for ear and nasal packing is also estimated to surge in the upcoming years. This is estimated to boost the market growth.

However, lack of awareness about ENT health and care is expected to operate as key restraint to the growth of global ear and nasal packing market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global ear and nasal packing market which includes company profiling of Cerecor, Inc., Stryker Corporation, Bausch Health Companies Inc., Boehringer Ingelheim International GmbH, AbbVie Inc., Smith & Nephew plc, Amgen Inc., Novartis AG, Bayer AG, and Progenity, Inc. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global ear and nasal packing market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

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