Global Ear and Nasal Packing Market is expected to reach USD 257.32 million by 2024 from USD 168.14 million in 2016, at a CAGR of 5.6%. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Pune, India -- (SBWIRE) -- 03/13/2018 -- Global Ear and Nasal Packing Market By Type (Nasal (Injectable, Gel, Dressings (Sponges, Splints, Strips)), Ear (Injectable, Gel, Dressings (Sponges, Splints, Strips))), By Material (Bioresorbable (Chitosan, HYAFF, Combination), Non-Absorbable (CMC, Synthetic, Others)), By Distribution Channel (Direct Tender, OTC), By End-User (Hospitals, Clinics, Ambulatory Centers), By Geography (North America, Europe, APAC, South America, Middle East and Africa) – Trends and Forecast to 2024
The Global Ear and Nasal Packing Market is highly concentrated to a few big players and rest to local players who cater to domestic markets only. The global ear and nasal packing market is dominated Medtronic, followed by Stryker and Smith & Nephew. Other players in this market include Olympus Corporation, Network Medical Products Ltd., Lohmann & Rauscher GmbH & Co. KG and DCC plc. among others holds 52.0% of the global ear and nasal packing market in 2016.
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Founded in 1949 and headquartered in Minneapolis, U.S. Medtronic is the world's largest standalone medical technology development and a global healthcare solution company. The company operates in cardiac and vascular group (cardiac rhythm and heart failure, coronary and structural heart, aortic and peripheral vascular), minimally invasive therapies group (surgical solutions and patient monitoring & recovery), restorative therapies (spine, brain therapies, speciality therapies and pain therapies), and diabetes group (intensive insulin management, non- intensive diabetes therapies, Diabetes service and solutions).
The company operates in more than 155 countries worldwide with more than 260 locations in research and development, manufacturing and distribution, and education centers. The company's regional locations are Asia Pacific, Eastern Europe, Latin America, Middle East and Africa, Central Asia, South Asia, North America, and Western Europe. Some of its subsidiaries include Medtronic Belgium S.A. /N.V. (Belgium), Dantec Elettronica S.r.l. (Rome), Medtronic (Shanghai) Ltd. (China), Medtronic B.V. (Netherlands), Medtronic Xomed Limited (U.K) and many more.
The global ear and nasal packing market report is highly fragmented with various companies operating in local regions. The major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
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Founded in 1941 and headquartered in Michigan, U.S., Stryker Corporation specializes in reconstructive, medical & surgical, and neurotechnology & spine products. The company has three business segments—orthopedic implants, MedSurg, and neurotechnology and spine. The MedSurg segment focuses on surgical equipment, minimally invasive surgical solutions, sports medicine, and patient handling, and provides medical products for a variety of specialties.
The company is present in the U.S. (including Puerto Rico), Canada, Ireland, Europe (Germany, France, Switzerland, and the U.K.), Japan, and countries in the Pacific and Latin American regions. The company sells its products in over 100 countries through company-owned sales subsidiaries and branches as well as third-party dealers and distributors. The firm has 29 manufacturing and R&D facilities worldwide. It had approximately 26,000 employees in December 2014.
Table of Contents:
1.1. OVERVIEW OF THE EAR AND NASAL PACKING MARKET
1.2. MARKET SEGMENTATION & COVERAGE
- RESEARCH METHODOLOGY
2.1. KEY TAKEAWAYS
2.2. ARRIVING AT THE EAR AND NASAL PACKING SIZE
2.3. GLOBAL EAR AND NASAL PACKING MARKET: RESEARCH SNAPSHOT
- MARKET LANDSCAPE SUMMARY
- PREMIUM INSIGHTS
4.2. GLOBAL EAR AND NASAL PACKING MARKET: KEY PRIMARY INSIGHTS
4.3. MARKET OVERVIEW
4.4. KEY MARKET TRENDS AND UPCOMING TECHNOLOGIES
- EXECUTIVE SUMMARY
- EAR AND NASAL PACKING MARKET, BY TYPE
6.2. NASAL PACKING, BY PRODUCT TYPE (2014 – 2022)
6.3. EAR PACKING, BY PRODUCT TYPE (2014 – 2022)
- EAR AND NASAL PACKING MARKET, BY MATERIAL
7.2. BIORESORBABLE, BY MATERIAL
7.3. NON-ABSORBABLE- EAR AND NASAL PACKING MARKET, BY END USER
- EAR AND NASAL PACKING MARKET, BY DISTRIBUTION CHANNEL
- EAR AND NASAL PACKING MARKET, BY GEOGRAPHY
10.1. COUNTRYWISE EAR AND NASAL PACKING MARKET, (ALL SEGMENTATION PROVIDED ABOVE IS REPRESENTED IN THIS CHAPTER BY COUNTRY)
10.1.1. NORTH AMERICA
10.1.3. ASIA-PACIFIC (APAC)
10.1.4. SOUTH AMERICA
10.1.5. MIDDLE EAST AND AFRICA
10.2. KEY PRIMARY INSIGHTS: BY MAJOR COUNTRIES
- EAR AND NASAL PACKING MARKET: COMPETITIVE LANDSCAPE
- EAR AND NASAL PACKING MARKET, COMPANY PROFILES
12.3. SUMMIT MEDICAL
12.4. SMITH AND NEPHEW
12.5. ENTELLUS MEDICAL, INC.
12.6. OLYMPUS MEDICAL
12.7. BOSTON MEDICAL PRODUCTS, INC.
12.8. LOHMANN & RAUSCHER
12.9. NETWORK MEDICAL PRODUCTS LTD.
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- Side effects of the ENT packing products and lack of trained otolaryngologists may hinder the growth of the market.
- Many companies are increasingly focusing on technological advancement of devices in order to strengthen their product portfolios in the ear and nasal packing market.
Top Companies Analysis:
- Summit Medical,
- Smith and Nephew,
- Entellus Medical, Inc.,
- Olympus Medical,
- Boston Medical Products, Inc.,
- Lohmann & Rauscher,
- Network Medical Products, Ltd. and Fannin
- among others.
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