Europe Ear and Nasal Packing Market – Industry Trends and Forecast to 2024

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

Europe 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), Country (Germany, United Kingdom, France, Spain, Italy, Russia, Turkey, Belgium, Nether lands, Switzerland, Rest of Europe)–Industry Trends and Forecast to 2024

The Europe 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 ear and nasal packing market in the Europe region is leading in Germany.

Market Segmentation: Europe Ear and Nasal Packing Market

The Europe ear and nasal packing market is segmented on the basis of type, material, end user and distribution channel. On the basis of type, the Europe ear and nasal packing market is segmented into nasal packing and ear packing. In 2017, nasal packing is expected to dominate the Europe ear and nasal packing market with 66.8% market share and is expected to reach USD 42.46 million by 2024, growing at the highest CAGR of 6.5% in the forecast period 2017 to 2024.

On the basis of material, the Europe ear and nasal packing market is segmented into bioresorbable and non- absorbable. In 2017, bioresorbable is expected to dominate the Europe ear and nasal packing market with 67.8% market share and is expected to reach USD 43.40 million by 2024, growing at the highest CAGR of 6.6% in the forecast period 2017 to 2024.

On the basis of end user, the Europe ear and nasal packing market is segmented into hospital, ambulatory centers, clinics and others. In 2017, hospital is expected to dominate the Europe ear and nasal packing market with 55.7% market share and is expected to reach USD 36.44 million by 2024, growing at the highest CAGR of 6.9% in the forecast period 2017 to 2024.

On the basis of distribution channel, the Europe ear and nasal packing market is segmented into direct tender and over the counter. In 2017, direct tender is expected to dominate the Europe ear and nasal packing market with 65.5% market share and is expected to reach USD 41.83 million by 2024, growing at the highest CAGR of 6.6% in the forecast period 2017 to 2024.

Key Drivers: Europe Ear and Nasal Packing Market

Europe is the growing market for ear and nasal packing. 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. Various product launches in Europe market will boost the ear and nasal packing market.

Key Points: Europe Ear and Nasal Packing Market

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

  • Nasal packing segment is expected to dominate the Europe ear and nasal packing market.The ear and nasal packing market in the Europe region is leading in France, U.K., Germany and Italy. Germany accounts for the highest market share in this region.

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