by The global Internal Nasal Dilators Market is estimated to be valued at US$ 2.3 Bn or Mn in 2023 and is expected to exhibit a CAGR of 7.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Internal nasal dilators are adhesive strip devices worn over the nose to keep the nasal passages open and improve breathing. They provide an alternative non-surgical treatment for nasal congestion associated with various respiratory conditions like allergies, cold, snoring, and sleep apnea.
Market key trends:
One of the key trends in the internal nasal dilators market is the launch of new digital dilator devices. These digital devices use sensors and mobile apps to track breathing patterns and provide real-time feedback to improve breathing. For example, Winix Therapeutics is developing a digital nasal dilator called ‘Halo’ that uses microsensors and an app to provide personalized treatment for obstructive sleep apnea. Another trend is the increasing adoption of biocompatible materials like thermoplastic elastomers in dilator design for improved comfort and effectiveness. Companies are focusing on research and development of advanced dilator technologies and formulations to provide customized breathing therapy.
Market key trends:
One of the key trends in the internal nasal dilators market is the growing popularity of non-surgical rhinoplasty. More people are opting for internal nasal dilators to improve breathing and achieve a more aesthetic nose shape without undergoing invasive surgeries. Nasal dilators help widen the nasal passage by adhering to the exterior of the nose using adhesive strips. They provide a non-invasive alternative to surgical rhinoplasty procedures.
SWOT Analysis
Strength: Nasal dilators provide a cost-effective and non-invasive solution to treat nasal breathing difficulties. They have minimal to no side effects.
Weakness: Nasal dilators may not be as effective as surgical procedures in correcting deviated septum or other structural nasal abnormalities. Improper use can lead to irritation.
Opportunity: Growing awareness about benefits of nasal breathing and risks of untreated nasal obstruction create growth opportunities.
Threats: Presence of alternatives like CPAP machines and availability of low-cost nasal strips pose threats.
Key Takeaways
The Global Internal Nasal Dilators Market Size is expected to witness high growth, exhibiting CAGR of 7.4% over the forecast period, due to increasing preference for non-invasive treatments and growing sleep apnea and nasal obstruction cases.
The North America region is expected to dominate the internal nasal dilators market during the forecast period. This is attributed to increasing adoption of nasal dilators, rising healthcare expenditure, and growing awareness about advantages of nasal breathing in the region.
Key players operating in the internal nasal dilators market are GlaxoSmithKline plc, Nasanita, Sanostec, Splintek, Inc., McKeon Products, Inc., Neogyn, SANOSTEC CORP, Scandinavian Formulas, Nasilator, WoodyKnows, HealthRight Products, ASO Medical, Airware Labs, Tache, Hiko Nose, RC Medical Devices, and Rhinomed.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
