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Global Epistaxis Device Market 2019-2023 | Technological Advances in Materials to Boost the Market | Technavio

LONDON–(BUSINESS WIRE)–#HealthCareDevices–The global epistaxis device market is expected to post a CAGR of close
to 6% during the period 2019-2023, according to the latest market
research report by Technavio.


Millions of people across the world are affected by olfactory
dysfunction resulting from air pollution. Airborne chemicals can damage
or irritate the interior of the nose, making it more prone to bleeding.
Upon inhalation, the toxins in the air can directly damage the olfactory
cortex and can also induce cytotoxic and inflammatory changes in the
olfactory bulb. Therefore, the increase in air pollution can lead to
frequent nosebleeds and, in turn, raise the demand for epistaxis devices.

As per Technavio, the technological advances in materials of epistaxis
devices used after FESS will have a positive impact on the market and
contribute to its growth significantly over the forecast period. This global
epistaxis device market 2019-2023
research report also
analyzes other important trends and market drivers that will affect
market growth over 2019-2023.

Global epistaxis device market: Technological
advances in materials of epistaxis devices used after FESS

The epistaxis device market is witnessing significant technological
advances in materials used after FESS, which is the most effective
surgical treatment for CRS. However, this procedure is associated with
complications such as nasal bleeding, adhesions, and other issues, which
could be prevented by nasal packing. Hence, a variety of new
biomaterials have been introduced for use in FESS nasal packing, such as
chitosan scaffolds, and absorbent silver ions for dressing. Such
advances lead to higher comfort with better quality nasal packing
products and are likely to have a positive impact on the growth of the
epistaxis device market.

“Apart from the technological advances in materials of epistaxis
device used after FESS, other factors such as the increasing proportion
of pregnant women suffering from hypertension diseases, and the growing
prevalence of blood disorders causing epistaxis will have a significant
impact on the growth of the epistaxis device market size during the
forecast period,” says a senior analyst at Technavio.

Global epistaxis device market: Segmentation
analysis

This market research report segments the global epistaxis device market
by product type (nasal tampons, nasal catheters, and others),
application (anterior epistaxis and posterior epistaxis), and geographic
regions (North America, Europe, Asia, and ROW).

The North American region led the epistaxis device market in 2018,
followed by Europe, Asia, and ROW, respectively. The growth of the
epistaxis device market in North America can be attributed to the
increasing prevalence of hypertension, rising blood disorders, and
growing incidence of nasal and paranasal sinus cancers in the US, and
Canada. North America is expected to contribute the largest share of
revenue to the epistaxis device market during the forecast period owing
to the presence of established vendors in the US.

Looking for more information on this market? Request
a free sample report

Technavio’s sample reports are free of charge and contain multiple
sections of the report, such as the market size and forecast, drivers,
challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
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competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team
at [email protected].

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US:
+1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

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