According to a recent market study published by Growth Market Reports, titled, “Global Nasal Dilators Market by type, by application, by age group, by sales channel, and by Region: Size, Share, Trends and Opportunity Analysis, 2018-2028”, the market was valued at US$ 138.5 Million in 2020 and is anticipated to grow at a growth rate of 8.8% by the year 2028.

A nasal dilator is a medical device that enlarges the nasal passages to allow more air to flow through them. There are two types of nasal dilaters: external and internal. Internal nasal dilators are fitted into the nostrils, whereas external nasal dilators are worn on the exterior of the nose. Both types are available in a wide range of shapes and sizes, dependent on the requirement. Internal nasal dilators are medical devices that support the widening of the nasal canal, allowing for improved airflow and reduced nasal resistance, and are put on the inside of the nose.

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The Global Nasal Dilators Market has been segmented in terms of types, applications, age group, sales channels, and region. In terms of types the global nasal dilators market is split into external and internal. The market is categorized into snoring, sleep apnea, sinusitis, deviated septum, and chronic stuffy nose in terms of applications. Based on the age group, the market is divided into adults and children. On the basis of the sales channel, the market is fragmented into online and offline. Considering regions, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The Coronavirus disease 2019 (COVID-19) pandemic highlighted economic differences, global interdependence, and governance challenges. The global nasal dilators market was negatively impacted by the covid-19 because industries are affected by disruptions in the supply chain, events cancellations, and office shutdowns due to the lockdowns imposed in various countries to contain the disease spread. The healthcare consumer industry is one of the main users of nasal dilator devices; however, due to the COVID-19 pandemic, the market is expected to be significantly affected. This, in turn, impeded the growth of the market. As a result, the growth of the market was halted. To mitigate global supply chain risks, manufacturers are projected to rise in in-house manufacturing through new robotic automation technology shortly.

As per growth market reports industry analyst Raksha Sharma, The market is driven by factors such as an increase in geriatric population. Also increasing prevalence of sleeping disorders are expected to gain significant growth rate in future. “The expanding application market, healthcare, and pharmaceutical industry are expected to contribute to the growth of the global nasal dilators market. Moreover, the external segment holds a significant share of the market during the forecast period due to rising consumer demand worldwide.  

Key Takeaways from the Study

  • The players in the global nasal dilators market include Rhinomed Limited, SANOSTEC CORP, Splinter, Inc., Nasal-Air Corp (Nihilator), M&M Pure Air Systems LLC (Wood Knows), McKeon Products, ASO Group, Snore Care, Respective, Scandinavian Formulas, Health Right Product LLC, and Tomed GmbH. These hold a major market share of the global nasal dilators market in the year 2020.
  • Increasing geriatric population in developing countries, and also rising prevalence of sleeping disorders. These factors drive the nasal dilators market. However, the requirement for frequent cleaning is expected to limit the usage of nasal dilators and the market.
  • Growing focuses on the creation of innovative nasal dilators, along with ample funding, are expected to enhance R&D spending in the nasal dilators market. A growing number of key players who supply nasal dilators is expected to propel the market in the future.
  • Based on types, the market is segmented into external and internal. In 2020, the external segment held the largest market share and is expected to grow with a substantial CAGR over the forecast period, due to rising consumer demand worldwide.
  • In terms of applications, the market has split the Market is fragmented into snoring, sleep apnea, deviated septum, sinusitis, and chronic stuffy nose. The snoring segment is expected to grow rapidly over the forecast period, as snoring is a common problem among 44% of men and 28% of women between the ages of 30 years and 60 years.
  • In terms of regions, the global nasal dilators markets are divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America had a significant share of the global market in 2020, due to rising R&D focuses on medical devices, and the high prevalence of respiratory disorders in the region, which is expected to drive the North American region. The market in Europe accounts for a considerable share of the market, owing to the presence of major industry competitors and the growing early adoption of technologies that are anticipated to fuel the market in the region.

Report Scope

Report Metric

Details

Market Value in 2020

US$ 138.5 Million

Market Growth Rate (from 2020 to 2028)

8.8%

Historical Data

2018 & 2019

Base Year

2020

Forecast Period

2021 – 2028

Units Considered

Value (US$ Million)

Market Segments

By Type, By Applications, By Age Group, By Sales Channels, and By Region

Key Companies Profiled

Rhinomed Limited; SANOSTEC CORP; Splinter, Inc.; Nasal-Air Corp (Nihilator); M&M Pure Air Systems LLC (Wood Knows); McKeon Products; ASO Group; Snore Care; Respective; Scandinavian Formulas; Health Right Product LLC; and Tomed GmbH

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail of tailor-made purchase options to meet your research requirements.

Target Audience

  • Supply-side: Vendor, Manufacturer, Distributors, Supplier, Retailer.
  • Demand Side: Healthcare, Medical Devices, and Others.
  • Regulatory Side: Concerned government authorities, and other approved regulatory bodies.
  • Associations and Industry Bodies: World Health Organization (WHO), Food Drug Administration (FDA), Medical Devices Regulatory Authority, Centers for Disease Control and Prevention (CDC), etc.