Asia-Pacific Ear and Nasal Packing Market – Industry Trends and Forecast to 2024

  • ENT Devices
  • Published Report
  • Nov 2017
  • Asia-Pacific
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Asia-Pacific 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 Countries (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Singapore, Indonesia, Philippines and Rest of APAC) – Industry Trends and Forecast to 2024

The Asia-Pacific Ear and Nasal Packing Market is expected to reach USD 61.68 million by 2024, from USD 38.95 million in 2016 growing at a CAGR of 6.0% in the forecast period 2017 to 2024. 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.

The major factors driving the growth of this market are high prevalence of chronic sinusitis, growing adoption of minimally invasive procedures, technological developments and favourable reimbursements. On the other hand, side effects of the ENT packing products and lack of trained Otolaryngologist hinders the market growth. The ambulatory X-ray devices market in the Asia-Pacific region is leading in Japan.

Market Segmentation: Asia-Pacific Ear and Nasal Packing Market

The Asia-Pacific ear and nasal packing market is segmented on the basis of type, material, end user and distribution channel. On the basis of type, the Asia-Pacific ear and nasal packing market is segmented into nasal packing and ear packing. In 2017, nasal packing is expected to dominate the Asia-Pacific ear and nasal packing market with 65.8% market share and is expected to reach USD 41.68 million by 2024, growing at the highest CAGR of 6.4% in the forecast period 2017 to 2024.

On the basis of material, the Asia-Pacific ear and nasal packing market is segmented into bioresorbable and non- absorbable. In 2017, bioresorbable is expected to dominate the Asia-Pacific ear and nasal packing market with 67.6% market share and is expected to reach USD 42.96 million by 2024, growing at the highest CAGR of 6.5% in the forecast period 2017 to 2024.

On the basis of end user, the Asia-Pacific ear and nasal packing market is segmented into hospital, ambulatory centers, clinics and others. In 2017, hospital is expected to dominate the Asia-Pacific ear and nasal packing market with 54.5% market share and is expected to reach USD 35.46 million by 2024, growing at the highest CAGR of 6.8% in the forecast period 2017 to 2024.

On the basis of distribution channel, the Asia-Pacific ear and nasal packing market is segmented into direct tender and over the counter. In 2017, direct tender is expected to dominate the Asia-Pacific ear and nasal packing market with 65.7% market share and is expected to reach USD 41.82 million by 2024, growing at the highest CAGR of 6.5% in the forecast period 2017 to 2024.

Key Drivers: Asia-Pacific Ear and Nasal Packing Market

Asia-Pacific ambulatory X-ray devices market is growing with the high prevalence of chronic sinusitis, growing adoption of minimally invasive procedures, technological developments and favourable reimbursements. Surgical advancements are driving the market due to technologically advanced equipment which ensures precise operation.

Key Points: Asia-Pacific Ear and Nasal Packing Market

Asia-Pacific ear and nasal packing market is dominated by Medtronic, followed by Stryker and Smith & Nephew.

  • Nasal packing segment is expected to dominate the Asia-Pacific ear and nasal packing market.

  • The ear and nasal packing market in the Asia-Pacific region is leading in Japan, China, India and South Korea. Japan accounts for the highest market share in this region.

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