NEW
YORK, Oct. 13, 2024 /PRNewswire/ -- Report with
the AI impact on market trends - The Global External Nasal Dilator
Market size is estimated to grow by USD
242.3 million from 2024-2028, according to Technavio. The
market is estimated to grow at a CAGR of 6.78% during
the forecast period.Increasing air pollution is driving market
growth, with a trend towards increasing severity of OSA.
However, availability of alternatives poses a challenge
- Key market players include ACHIEVE EQUINE LLC, AdvaCare Pharma,
Aso Group, Buteyko Clinic International, Foundation Consumer
Healthcare LLC, GlaxoSmithKline Plc, HealthRight Product LLC,
Laganshire Ltd, Mckeon Products Inc., Nasal Aid, Perrigo Co. Plc,
Pharmacure Health Care International AB, Potters Hollow Company
Ltd, Rhinomed Ltd, The Sleep Better Company, Victoreks Health
Products Ltd., and Wilko.
Key insights into market evolution with
AI-powered analysis. Explore trends, segmentation, and growth
drivers- View the snapshot of this report
External Nasal
Dilator Market Scope
|
Report
Coverage
|
Details
|
Base year
|
2023
|
Historic
period
|
2018 - 2022
|
Forecast
period
|
2024-2028
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
6.78%
|
Market growth
2024-2028
|
USD 242.3
million
|
Market
structure
|
Fragmented
|
YoY growth 2022-2023
(%)
|
6.23
|
Regional
analysis
|
North America, Europe,
Asia, and Rest of World (ROW)
|
Performing market
contribution
|
North America at
36%
|
Key
countries
|
US, UK, Germany, China,
and Canada
|
Key companies
profiled
|
ACHIEVE EQUINE LLC,
AdvaCare Pharma, Aso Group, Buteyko Clinic International,
Foundation Consumer Healthcare LLC, GlaxoSmithKline Plc,
HealthRight Product LLC, Laganshire Ltd, Mckeon Products Inc.,
Nasal Aid, Perrigo Co. Plc, Pharmacure Health Care International
AB, Potters Hollow Company Ltd, Rhinomed Ltd, The Sleep Better
Company, Victoreks Health Products Ltd., and Wilko
|
Market Driver
The Obstructive Sleep Apnea (OSA) market is significantly
impacted by the rising prevalence of this sleep disorder. OSA
affects approximately 49 million adults in the US alone, with
25-27% of adults aged 30-70 years being affected. OSA is
characterized by intermittent throat muscle relaxation, which
blocks the nasal airway passage during sleep, resulting in
inadequate breathing and lowered oxygen levels. Symptoms include
episodes of breathing cessation and loud snoring. Risk factors for
OSA include a narrowed airway, excess weight, hypertension, chronic
nasal congestion, smoking, diabetes, gender, and a family history
of sleep apnea and asthma. OSA is particularly common among those
with hypertension. The health consequences of untreated OSA are
severe, increasing the risk of high blood pressure, stroke, heart
disease, depression, and type 2 diabetes. The external nasal
dilator market is indirectly influenced by OSA, as it does not
directly address the underlying cause of sleep apnea but can help
reduce snoring by widening the nasal cavity for improved airflow.
Public health and safety are at risk due to the increasing
prevalence of OSA, making the need for effective solutions all the
more pressing.
The External Nasal Dilator market is thriving in the medical
devices sector, offering non-invasive solutions for sleep disorders
and breathing difficulties. These devices enhance nasal passage
airflow by reducing nasal resistance caused by nasal congestion,
colds, deviated septum, or anatomical anomalies. Snoring,
obstructive sleep apnea, and other sleep-related disorders are
common applications. The geriatric population and adults with
respiratory diseases, allergies, or air pollution-related issues
benefit significantly. Reusable and customizable devices are
available at retail pharmacies and online platforms as
over-the-counter solutions. Design and comfort are crucial factors,
with hypoallergenic materials ensuring user-friendliness. Athletes
also use nasal strips for improved nasal airflow during
performance.
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Market Challenges
- External nasal dilators are commonly used to address snoring
caused by a blocked nose. These devices effectively reduce airflow
resistance by opening nasal passages without the need for
medication. However, internal nasal dilators, such as nasal cones,
clips, stents, and prongs, pose a direct substitution threat due to
their popularity among individuals with sleep apnea, OSA, and other
sleep-related breathing issues. Internal nasal dilators function by
expanding the alar cartilage when compressed, enabling easy
breathing. They are reusable and come in various sizes and shapes
for optimal fit. Alternative options to external nasal dilators
include nasal sprays and nasal surgery. Nasal sprays, which include
antihistamines, steroids, anticholinergic, decongestants, mast cell
inhibitors, and non-medicated saline, are popular for unblocking
noses and reducing snoring. Over-the-counter steroid and
decongestant nasal sprays are readily available. For persistent
nasal issues, some individuals opt for nasal surgery, known as
somnoplasty, which is a painless, 15-20 minute procedure. The
presence of these alternatives hinders the growth of the global
external nasal dilator market during the forecast period.
- The External Nasal Dilator market faces several challenges in
various sectors. In retail pharmacies, stocking and promoting a
wide range of dilators for adults and pediatrics can be difficult.
E-commerce platforms offer convenience but require effective
marketing and competitive pricing. Nasal strips, a popular
solution, face challenges due to nasal airway resistance and
airflow issues in sleep-related disorders. Non-invasive,
hypoallergenic dilators made of soft materials and customizable
features cater to the needs of adults and athletes. Design and
comfort are crucial factors, especially for those suffering from
respiratory disorders like allergies, sleep apnea, or nasal
passages with airflow constraints and structural problems. Online
platforms and over-the-counter sales present opportunities, but
addressing concerns related to air pollution and anatomical
anomalies requires continuous innovation. Wearable health
technology integrating nasal dilators can improve sleep quality and
respiratory health.
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Segment Overview
This external nasal dilator market report extensively covers
market segmentation by
- Application
- 1.1 Nasal congestion
- 1.2 Snoring
- 1.3 Others
- End-user
- 2.1 Adults
- 2.2 Pediatrics
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 Asia
- 3.4 Rest of World (ROW)
1.1 Nasal congestion- The External Nasal
Dilator market is experiencing significant growth due to increasing
awareness about respiratory health and sleep disorders. These
devices are non-surgical solutions that help improve nasal airflow,
making breathing easier for individuals with nasal congestion or
breathing difficulties. They are easy to use and can be purchased
over-the-counter without a prescription. The market is driven by
rising prevalence of respiratory conditions and an aging
population. Companies are focusing on product innovation and
marketing efforts to expand their customer base.
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Research Analysis
The External Nasal Dilator market refers to medical devices
designed to improve nasal passage airflow by expanding the
nostrils. These devices are non-invasive solutions for individuals
experiencing sleep disorders, such as snoring, or respiratory
issues, including nasal congestion from colds or anatomical
anomalies like deviated septums. By reducing nasal airway
resistance, external nasal dilators enhance airflow, contributing
to better sleep quality and overall nasal health. These devices are
also popular among athletes seeking to optimize their performance.
Available in various designs and comfort levels, external nasal
dilators are often made of soft, hypoallergenic materials.
Customizable features and online platforms allow users to choose
the best fit for their unique needs. Airflow constraints and
structural problems, such as airway blockage, are effectively
addressed by these wearable health technology innovations.
Market Research Overview
The External Nasal Dilator market refers to medical devices
designed to improve nasal passage airflow by reducing nasal
resistance. These devices are particularly beneficial for
individuals suffering from sleep disorders such as snoring and
obstructive sleep apnea, as well as respiratory diseases like
colds, allergies, and air pollution. External nasal dilators are
non-invasive solutions that can be used by adults and pediatrics,
making them accessible over-the-counter at retail pharmacies and
online platforms. These reusable devices come in various designs
and comfort features, often made of hypoallergenic materials. They
can help alleviate breathing difficulties caused by nasal
congestion, deviated septum, or anatomical anomalies. Additionally,
external nasal dilators can enhance nasal health and athletic
performance by increasing airflow and improving sleep quality. Some
models offer customizable features and wearable health technology
integration to cater to individual needs.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Application
-
- Nasal Congestion
- Snoring
- Others
- End-user
-
- Geography
-
- North America
- Europe
- Asia
- Rest Of World (ROW)
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio