The fragmentable nasal and ear dressing market is anticipated to expand rapidly in the upcoming years due to a number of factors, including an increase in ear and nose procedures performed worldwide and a rise in research and development. By 2033, the market value is expected to have grown from US$ 585.8 million in 2023 to US$ 1.1 billion, with compound annual growth rate (CAGR) of 6.5% expected to continue growing during the forecast period (2023 to 2033).
As surgical techniques continue to advance, an increase in the number of nasal and ear surgeries is expected. Dressings that promote proper healing, reduce postoperative complications, and ensure patient comfort is experiencing greater demand. Also, patients and healthcare providers are often interested in non-invasive or minimally invasive treatment options. Fragmentable nasal and ear dressings, which can be tailored to specific anatomical contours, is fulfilling this demand.
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With growing aging population, there is a higher likelihood of chronic conditions, injuries, and age-related issues with ear, nose and throat (ENT).
One in six people worldwide will be 60 years of age or older by 2030, according to the World Health Organisation (WHO) - 2021. By 2050, there will be 1.4 million persons in the globe who are 60 years of age or older, up from 1 million in 2020. In comparison to 2020, there will be 2.1 million more persons worldwide who are 60 years of age or older in 2050.
Nasal and ear dressings catering to geriatric patients' unique needs may witness an increased demand.
Key Takeaways from Market Study
By product, the nasal dressing’s accounted for 5% of the total market in 2022. Since, the nasal dressings are easier to apply and are more comfortable for patients compared to dressings in the sensitive and narrow ear canal, it dominates the market.
By size, others segment accounted for 8% of the total market share in 2022. It is because larger dressings are be used to cover larger wounds or surgical sites to ensure proper protection and wound healing.
By shape, anatomical segment contributed about 4% to the total market in 2022. Anatomically shaped dressings are designed to conform to specific body parts, such as the nose and ears, providing a more precise fit and improved functionality.
By application, sinus surgery accounted for 3% of the total market share in 2022. As the number of sinus surgeries rises, there is likely to be increased awareness among healthcare professionals and patients about the importance of appropriate postoperative care, including the use of specialized dressings.
When considering end users, hospitals accounted for around 0% of the global market share in 2022. Hospitals frequently participate in clinical trials for medical products, including dressings. Positive results from these trials can lead to increased adoption of specific dressings, further benefiting the market.
North America dominated the global market in 2022 with U.S. contributing around US$ 193.2 Million in 2022.
“Technology advancements in nasal and ear dressings and the increasing healthcare expenditure are driving the expansion of the fragmentable nasal and ear dressing market,” says Sabyasachi Ghosh, Principal Consultant at Future Market Insights
Market Competition
Companies within this market sphere are actively seeking partnership and acquisitions as the key strategy to maintain their foothold in the market.
In May 2019, Datt Mediproducts Private Limited received U.S. patent grant for novel nasal dressings.
Key Players:
Stryker
Smith and Nephew plc
Medtronic
Pfizer Inc.
MP MEDITECH
Datt Mediproducts Private Limited
First Aid Bandage Company (FABCO)
Summit Medical LLC (Innovia Medical)
Olympus Corporation
Lohmann & Rauscher GmbH & Co. KG
Key Segmentations:
By Product:
Nasal Dressings
Dressings With Drawstrings
Dressings Without Drawstrings
Ear Dressings
By Size:
2cm
4cm
8cm
Others
By Shape:
Rectangle
Square
Cylindrical
Anatomical
By Application:
Sinus Surgery
Septorhinoplasty
Middle Ear Surgery
By End User:
Hospitals
Ambulatory Surgical Centers
ENT Clinics
Aesthetic Clinics
By Region:
North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East and Africa (MEA)
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