Epistaxis Device Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Epistaxis is a disorder that causes sporadic nose bleeding in one or both nostrils. Based on where the bleeding begins, this clinical condition is commonly characterized as posterior epistaxis or anterior epistaxis. Local trauma, such as a nasal infection or nose picking, is the most common cause of epistaxis. Lack of humidity in the atmosphere, a dry climate, or extended intake of dry air are all causes that might cause epistaxis. Epistaxis is common in people who use anticoagulant drugs like clopidogrel, aspirin, warfarin, or any other anticoagulant.

MARKET SCOPE

The "Global Epistaxis Device Market Analysis to 2031" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of the epistaxis device market with detailed market segmentation by product, application, end user, and geography. The report provides key statistics on the market status of the leading epistaxis device market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on product, the global epistaxis device market is segmented into nasal tampons, nasal catheters, and others
  
•   Based on application, the market is bifurcated into anterior epistaxis, and posterior epistaxis
  
•   Based on end user, the market is bifurcated into hospitals, clinics, and home care setting
  

MARKET DYNAMICS
Drivers

•   Rising prevalence and incidence of nasal membrane rupture
  
•   Technology advancement
  

Restraints

•   Lack of skilled labour
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The epistaxis device market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the epistaxis device market in these regions.

IMPACT OF COVID-19 ON EPISTAXIS DEVICE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

Epistaxis Device Market Report Analysis

Epistaxis Device Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• Teleflex Incorporated
• Medtronic Plc
• Smith and Nephew Plc
• Stryker Corporation
• Medline
• King pharmaceuticals, Inc.
• Entellus Medical, Inc.
• Cirondrugs
• Summit Medical, Inc.

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Product

• Nasal Tampons
• Nasal Catheters

By Application

• Anterior Epistaxis
• Posterior Epistaxis

By End User

• Hospitals
• Clinics
• Home Care Setting

MARKET PLAYERS

The report covers key developments in the epistaxis device market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from epistaxis device market are anticipated to lucrative growth opportunities in the future with the rising demand for epistaxis device in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the epistaxis device market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Teleflex Incorporated
  
•   Medtronic Plc
  
•   Smith and Nephew Plc
  
•   Stryker Corporation
  
•   Medline
  
•   King pharmaceuticals, Inc.
  
•   Entellus Medical, Inc.
  
•   Cirondrugs
  
•   Summit Medical, Inc.
  
•   GlaxoSmithKline Plc
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Epistaxis Device Market Report Scope