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The global epistaxis device market is estimated to grow at a CAGR of 5.4% during the forecast period of 2024-2032.
The increasing air pollution, leading to olfactory dysfunction, and the growing demand for functional endoscopic sinus surgery (FESS) are the factors driving the growth of the global epistaxis device market over the forecast period.
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The epistaxis device market can be broadly categorised based on its types, applications, and regions.
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The EMR report looks into the regional epistaxis device markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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The epistaxis devices are most widely used for nose bleeding management and, thus, with the rise in functional endoscopic sinus surgery (FESS), the epistaxis device market is witnessing a significant growth. As FESS is simple and minimally invasive, it has become the most preferred choice for patients with chronic rhinosinusitis (CRS). FESS is associated with problems that include the use of nasal paddings, such as nasal bleeding and adhesions. Biotechnological developments have allowed the production of advanced FESS nasal packaging materials such as chitosan scaffolds and absorbent dressing silver ions that provide high comfort and satisfaction for patients, further reducing the recovery time and improving the FESS's efficiency and success rate. Such surgeries require the use of epistaxis devices for the treatment of nose bleeds. Thus, a vital trend in the global epistaxis device industry will be the technological advancement in epistaxis device materials used after FESS, which is expected to aid the industry growth over the forecast period.
Olfactory dysfunction, which is the result of the rising level of air pollution globally, is responsible for various neurodegenerative diseases. Due to the direct exposure of the olfactory device to the external environment, prolonged exposure to elevated levels of air pollutants can increase the risk of hyposmia or anosmia and lead to inflammatory and cytotoxic changes in the olfactory bulb. Thus, with rising air pollution, the demand for the epistaxis device has also risen.
The report presents a detailed analysis of the following key players in the global epistaxis device market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the epistaxis device market by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Application |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global epistaxis device market is projected to grow at a CAGR of nearly 5.4% in the forecast period of 2024-2032.
The major drivers of the industry include rising disposable incomes, growth in functional endoscopic sinus surgery (FESS), and the rising air pollution.
The technological advancement in epistaxis device materials used after FESS is expected to be a key trend guiding the growth of the industry.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market.
The leading types of the product in the industry include nasal tampons and nasal catheters, among others.
The major application sectors of the product include anterior and posterior epistaxis.
The leading players in the market are DeRoyal Industries Inc., Pfizer Inc., Stryker Corp., and Teleflex Incorporated, among others.
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