Market Segmentation: Global Ear and Nasal Packing Market
The global ear and nasal packing market is segmented on the basis of type, material, end user and distribution channel. On the basis of product type, global ear and nasal packing market is segmented into nasal packing and ear packing. In 2017, nasal packing segment is expected to dominate the global ear and nasal packing market with 62.1% market share and is expected to reach USD 164.38 million by 2024, with the highest CAGR of 6.0% in the forecast period 2017 to 2024.
On the basis of material, global ear and nasal packing market is segmented into bioresorbable and non-absorbable. In 2017, bioresorbable segment is expected to dominate the global ear and nasal packings market with 69.9% market share and is expected to reach USD 184.44 million by 2024, with the highest CAGR of 5.9% in the forecast period 2017 to 2024.
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Based on geography, the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa.
Key Drivers: Global Ear and Nasal Packing Market
Some of the major factors driving the market for factors such as high prevalence of chronic sinusitis, growing adoption of minimally invasive procedures, technological developments and favourable reimbursements are driving the growth of market.
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Key Points: Global Ear and Nasal Packing Market
Global ear and nasal packing market is dominated Medtronic, followed by Stryker and Smith & Nephew along with others such as Summit Medical Group, Entellus Medical, Inc., Olympus Corporation, Network Medical Products Ltd., Lohmann & Rauscher GmbH & Co. KG and DCC plc among others.
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