A nasal strip, external nasal dilator strip or nasal dilator strip is a type of adhesive bandage with embedded plastic ribs or splints that is applied across the bridge of the nose and sides of the nostrils, to assist in keeping the airway open. They are believed to make breathing easier and for that reason are used during athletic exertion and as an aid to reduce congestion or to prevent snoring. This is majorly connected with obstructive sleep apnea (OSA). These habitual snorers experience excessive sleepiness in the daytime and can develop systemic hypertension in those aged below 50 years. Nasal congestion is often caused by components that irritate or inflame the nasal tissues. Several potential causes of nasal congestion are acute sinusitis, chronic sinusitis, common cold, flu, and allergies.
MARKET SCOPE
The Nasal Strip Market is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of Nasal Strip Market with detailed market segmentation by type, Application, and geography. The report provides key statistics on the market status of the leading Nasal Strip Market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- By Type, the Nasal Strip Market is segmented into Small and Large.
- On the basis of Application, the Nasal Strip Market is segmented into Men and Women.
MARKET DYNAMICS
Drivers:
- Increasing air pollution.
- Increase in premature deaths resulting from the rapid rise in greenhouse gases.
- Growing awareness about the advantages of nasal dilators.
- An increase in the number of smokers and alcoholics.
- Availability of alternative treatments for snoring.
- Poor Effectiveness of Existing Anti-Snoring Devices in the Market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East & Africa (MEA), and South And Central America. The Nasal Strip Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South And Central America after evaluating political, economic, social and technological factors affecting the Nasal Strip Market in these regions.
IMPACT OF COVID-19 ON NASAL STRIP MARKET
COVID-19 first began in Wuhan (China) in December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The pandemic has affected the growth of this market worldwide due to the business shutdown, worldwide lockdown, and supply and trade disruptions. While the situation is rapidly evolving, the pandemic had already disrupted the world in three ways the direct health impact the impact on the healthcare system, and the social and economic consequences of the pandemic. The market of Nasal Strip is expected to grow due to the rising prevalence of chronic diseases resulting in a large number of patients undergoing surgeries.
MARKET PLAYERS
The report covers key developments in the Nasal Strip Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, partnerships & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market players from the Nasal Strip Market are anticipated to have lucrative growth opportunities in the future with the rising demand for Nasal Strip Market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Nasal Strip Market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Glaxo Smith Kline
- BestMed
- Chin-up
- McKeon Products, Inc.
- RhinoMed Ltd.
- Stuffy Nose Solutions,LLC
- Walgreens
- MPowerx
- Thervent
- Splintek, Inc.