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Nasal Splints Market is projected to reach US$ 1.3 Bn by 2026

Nasal Splints Market is projected to reach US$ 1.3 Bn by 2026

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Nasal Splints Market is projected to reach US$ 1.3 Bn by 2026

Nasal Splints Market- Introduction

  • Nasal splints are devices or equipment used to prevent the movement of nasal bones from their location after any reconstructive surgery or rhinoplasty to conserve the shape of the nose
  • Nasal splint consists of two separate pieces of plastic held in a place with a stitch inside the nose. Although nasal splints are primarily used to provide long-term results, they may cause temporary discomfort or difficulty in breathing through the nose. However, these issues are resolved after splints and stitches are removed, usually a week after the surgery.
  • Nasal splints are also used to avoid other adverse side effects of the surgery such as nose bleeding and inflammation within nostrils 
  • Nasal splints can cause physical discomfort and can become coated or loose

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Demand for Quality Post-Surgical Care and Aesthetics

  • Nasal splints prevent the development of hematomas by keeping a distance between nose skin and its bones, which leaves no room for the formation of clots of blood, a condition also known as hematomas. This enables improved breathing after the surgery by loosening the nasal cavities and opening the airway.
  • Nasal splints essentially control bleeding, minimize swelling, reduce pain, and are temporary and can be removed

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Technological and Cosmetic Advancements

  • The global nasal splints market is driven by technological and cosmetic advancements, which is encouraging rhinoplasty procedures across the globe. This is resulting in increased number of people opting for such procedures. Thus, there is a rise in demand for nasal splints.

Increase in Demand for Minimally Invasive Surgeries

The expansion of the nasal splints market can be attributed to the increase in demand for minimally invasive procedures. This includes the use of removable nasal splints. Invasive surgeries are painful and often have critical impacts on the patient. Owing to scientific advancements, minimally invasive surgeries have increased. Use of removable splints cause less discomfort, thus resulting in the rise in demand for nasal splints.

Intranasal Splints Segment to Lead Global Nasal Splints Market

  • In terms of mechanism type, the intranasal splints segment is expected to lead the nasal splints market. High availability and adoption rate of these nasal splints has contributed for the growth of the intranasal splints segment. However, the extra nasal splints segment is expected to grow at a higher rate in the near future.

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North America to Dominate Global Nasal Splints Market

  • North America accounts for the majority of the share of the global nasal splints market due to advancements in health care facilities and surgical equipment. The growth of the nasal splints market in North America can be attributed to high demand for rhinoplasty due to a general trend among people for increasing beauty and aesthetic appearance.
  • Europe holds the second largest share of the global nasal splints market, owing to rise in awareness about disease-causing nasal deformities and increase in cosmetic surgeries
  • Asia Pacific is expected to contribute significantly to the incremental growth of the nasal splints market in the near future due to rise in nose injuries due to accidents leading to nasal deformities.

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Key Players operating in Global Market

  • The global nasal splints market is concentrated with only a few key players accounting for a significant share of the market. The demand for nasal splints has increased in both emerging and developed markets. Market players are also appointing third-party distributors to expand their presence in the market. This has resulted in a surge in the number of distributors and suppliers in emerging markets.  Some of the key players operating in the global market are:
  • Boston Medical Products
  • Innovia Medical, LLC
  • Medtronic
  • Olympus Corporation
  • Smith Nephew
  • Others
  • Network Medical Products
  • Summit Medical Group
  • Surgiform Technologies LLC
  • Mentor Worldwide LLC
  • DTR Medical

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