Nasal Strip Market Updates by 2031
A nasal strip, external nasal dilator strip or nasal dilator strip is a type of adhesive bandage with embedded plastic ribs or splints that is applied across the bridge of the nose and sides of the nostrils, to assist in keeping the airway open. They are believed to make breathing easier and for that reason are used during athletic exertion and as an aid to reduce congestion or to prevent snoring. This is majorly connected with obstructive sleep apnea (OSA). These habitual snorers experience excessive sleepiness in the daytime and can develop systemic hypertension in those aged below 50 years. Nasal congestion is often caused by components that irritate or inflame the nasal tissues. Several potential causes of nasal congestion are acute sinusitis, chronic sinusitis, common cold, flu, and allergies.
MARKET SCOPE
The Nasal Strip Market is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of Nasal Strip Market with detailed market segmentation by type, Application, and geography. The report provides key statistics on the market status of the leading Nasal Strip Market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- By Type, the Nasal Strip Market is segmented into Small and Large.
- On the basis of Application, the Nasal Strip Market is segmented into Men and Women.
MARKET DYNAMICS
Drivers:
- Increasing air pollution.
- Increase in premature deaths resulting from the rapid rise in greenhouse gases.
- Growing awareness about the advantages of nasal dilators.
- An increase in the number of smokers and alcoholics.
- Availability of alternative treatments for snoring.
- Poor Effectiveness of Existing Anti-Snoring Devices in the Market.
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 & Africa (MEA), and South And Central America. The Nasal Strip 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 the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South And Central America after evaluating political, economic, social and technological factors affecting the Nasal Strip Market in these regions.
IMPACT OF COVID-19 ON NASAL STRIP MARKET
COVID-19 first began in Wuhan (China) in December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The pandemic has affected the growth of this market worldwide due to the business shutdown, worldwide lockdown, and supply and trade disruptions. While the situation is rapidly evolving, the pandemic had already disrupted the world in three ways the direct health impact the impact on the healthcare system, and the social and economic consequences of the pandemic. The market of Nasal Strip is expected to grow due to the rising prevalence of chronic diseases resulting in a large number of patients undergoing surgeries.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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 & Africa (MEA), and South And Central America. The Nasal Strip 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 the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South And Central America after evaluating political, economic, social and technological factors affecting the Nasal Strip Market in these regions.
IMPACT OF COVID-19 ON NASAL STRIP MARKET
COVID-19 first began in Wuhan (China) in December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The pandemic has affected the growth of this market worldwide due to the business shutdown, worldwide lockdown, and supply and trade disruptions. While the situation is rapidly evolving, the pandemic had already disrupted the world in three ways the direct health impact the impact on the healthcare system, and the social and economic consequences of the pandemic. The market of Nasal Strip is expected to grow due to the rising prevalence of chronic diseases resulting in a large number of patients undergoing surgeries.
MARKET PLAYERS
The report covers key developments in the Nasal Strip 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 market were acquisitions, partnerships & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market players from the Nasal Strip Market are anticipated to have lucrative growth opportunities in the future with the rising demand for Nasal Strip Market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Nasal Strip 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.
- Glaxo Smith Kline
- BestMed
- Chin-up
- McKeon Products, Inc.
- RhinoMed Ltd.
- Stuffy Nose Solutions,LLC
- Walgreens
- MPowerx
- Thervent
- Splintek, Inc.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Nasal Strip Market - By Type
1.3.2 Nasal Strip Market - By Application
1.3.3 Nasal Strip Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. NASAL STRIP MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. NASAL STRIP MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. NASAL STRIP MARKET - GLOBAL MARKET ANALYSIS
6.1. NASAL STRIP - GLOBAL MARKET OVERVIEW
6.2. NASAL STRIP - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. NASAL STRIP MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. SMALL
7.3.1. Overview
7.3.2. Small Market Forecast and Analysis
7.4. AND LARGE
7.4.1. Overview
7.4.2. and Large Market Forecast and Analysis
8. NASAL STRIP MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. MEN AND WOMEN
8.3.1. Overview
8.3.2. Men and Women Market Forecast and Analysis
9. NASAL STRIP MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Nasal Strip Market Overview
9.1.2 North America Nasal Strip Market Forecasts and Analysis
9.1.3 North America Nasal Strip Market Forecasts and Analysis - By Type
9.1.4 North America Nasal Strip Market Forecasts and Analysis - By Application
9.1.5 North America Nasal Strip Market Forecasts and Analysis - By Countries
9.1.5.1 United States Nasal Strip Market
9.1.5.1.1 United States Nasal Strip Market by Type
9.1.5.1.2 United States Nasal Strip Market by Application
9.1.5.2 Canada Nasal Strip Market
9.1.5.2.1 Canada Nasal Strip Market by Type
9.1.5.2.2 Canada Nasal Strip Market by Application
9.1.5.3 Mexico Nasal Strip Market
9.1.5.3.1 Mexico Nasal Strip Market by Type
9.1.5.3.2 Mexico Nasal Strip Market by Application
9.2. EUROPE
9.2.1 Europe Nasal Strip Market Overview
9.2.2 Europe Nasal Strip Market Forecasts and Analysis
9.2.3 Europe Nasal Strip Market Forecasts and Analysis - By Type
9.2.4 Europe Nasal Strip Market Forecasts and Analysis - By Application
9.2.5 Europe Nasal Strip Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Nasal Strip Market
9.2.5.1.1 Germany Nasal Strip Market by Type
9.2.5.1.2 Germany Nasal Strip Market by Application
9.2.5.2 France Nasal Strip Market
9.2.5.2.1 France Nasal Strip Market by Type
9.2.5.2.2 France Nasal Strip Market by Application
9.2.5.3 Italy Nasal Strip Market
9.2.5.3.1 Italy Nasal Strip Market by Type
9.2.5.3.2 Italy Nasal Strip Market by Application
9.2.5.4 United Kingdom Nasal Strip Market
9.2.5.4.1 United Kingdom Nasal Strip Market by Type
9.2.5.4.2 United Kingdom Nasal Strip Market by Application
9.2.5.5 Russia Nasal Strip Market
9.2.5.5.1 Russia Nasal Strip Market by Type
9.2.5.5.2 Russia Nasal Strip Market by Application
9.2.5.6 Rest of Europe Nasal Strip Market
9.2.5.6.1 Rest of Europe Nasal Strip Market by Type
9.2.5.6.2 Rest of Europe Nasal Strip Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Nasal Strip Market Overview
9.3.2 Asia-Pacific Nasal Strip Market Forecasts and Analysis
9.3.3 Asia-Pacific Nasal Strip Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Nasal Strip Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Nasal Strip Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Nasal Strip Market
9.3.5.1.1 Australia Nasal Strip Market by Type
9.3.5.1.2 Australia Nasal Strip Market by Application
9.3.5.2 China Nasal Strip Market
9.3.5.2.1 China Nasal Strip Market by Type
9.3.5.2.2 China Nasal Strip Market by Application
9.3.5.3 India Nasal Strip Market
9.3.5.3.1 India Nasal Strip Market by Type
9.3.5.3.2 India Nasal Strip Market by Application
9.3.5.4 Japan Nasal Strip Market
9.3.5.4.1 Japan Nasal Strip Market by Type
9.3.5.4.2 Japan Nasal Strip Market by Application
9.3.5.5 South Korea Nasal Strip Market
9.3.5.5.1 South Korea Nasal Strip Market by Type
9.3.5.5.2 South Korea Nasal Strip Market by Application
9.3.5.6 Rest of Asia-Pacific Nasal Strip Market
9.3.5.6.1 Rest of Asia-Pacific Nasal Strip Market by Type
9.3.5.6.2 Rest of Asia-Pacific Nasal Strip Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Nasal Strip Market Overview
9.4.2 Middle East and Africa Nasal Strip Market Forecasts and Analysis
9.4.3 Middle East and Africa Nasal Strip Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Nasal Strip Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Nasal Strip Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Nasal Strip Market
9.4.5.1.1 South Africa Nasal Strip Market by Type
9.4.5.1.2 South Africa Nasal Strip Market by Application
9.4.5.2 Saudi Arabia Nasal Strip Market
9.4.5.2.1 Saudi Arabia Nasal Strip Market by Type
9.4.5.2.2 Saudi Arabia Nasal Strip Market by Application
9.4.5.3 U.A.E Nasal Strip Market
9.4.5.3.1 U.A.E Nasal Strip Market by Type
9.4.5.3.2 U.A.E Nasal Strip Market by Application
9.4.5.4 Rest of Middle East and Africa Nasal Strip Market
9.4.5.4.1 Rest of Middle East and Africa Nasal Strip Market by Type
9.4.5.4.2 Rest of Middle East and Africa Nasal Strip Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Nasal Strip Market Overview
9.5.2 South and Central America Nasal Strip Market Forecasts and Analysis
9.5.3 South and Central America Nasal Strip Market Forecasts and Analysis - By Type
9.5.4 South and Central America Nasal Strip Market Forecasts and Analysis - By Application
9.5.5 South and Central America Nasal Strip Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Nasal Strip Market
9.5.5.1.1 Brazil Nasal Strip Market by Type
9.5.5.1.2 Brazil Nasal Strip Market by Application
9.5.5.2 Argentina Nasal Strip Market
9.5.5.2.1 Argentina Nasal Strip Market by Type
9.5.5.2.2 Argentina Nasal Strip Market by Application
9.5.5.3 Rest of South and Central America Nasal Strip Market
9.5.5.3.1 Rest of South and Central America Nasal Strip Market by Type
9.5.5.3.2 Rest of South and Central America Nasal Strip Market by Application
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL NASAL STRIP MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Middle East and Africa
10.5 South and Central America
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. NASAL STRIP MARKET, KEY COMPANY PROFILES
12.1. GLAXOSMITHKLINE
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. BESTMED
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. CHIN-UP
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. MCKEON PRODUCTS,INC
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. RHINOMED
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. STUFFY NOSE SOLUTIONS,LLC
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. WALGREENS
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. MPOWERX
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. THERVANT
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. SPLINTEX,INC.
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Glaxo Smith Kline
2. BestMed
3. Chin1. up
4. McKeon Products, Inc.
5. RhinoMed Ltd.
6. Stuffy Nose Solutions,LLC
7. Walgreens
8. MPowerx
9. Thervent
10. Splintek, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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