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Internal Nasal Dilators Market overview: Internal nasal dilators are commonly known as nasal strips that are adhesive strips worn over the nose to gently widen the nasal passages and make breathing easier. They provide immediate relief from nasal congestion, making breathing more comfortable. The strips work by gently holding open the nasal passages and valve to make breathing through the nose easier. The global Internal Nasal Dilators Market is estimated to be valued at US$ 10.11 Bn in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends: The increasing prevalence of seasonal allergies and nasal congestion is a key trend propelling the growth of the internal nasal dilators market. According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans suffer from allergies annually. Seasonal allergies triggered by pollen, dust mites, and mold, significantly reduces quality of life as it causes nasal congestion, sneezing and other symptoms. Internal nasal dilators provide effective and convenient relief from nasal congestion caused by seasonal allergies and therefore witnessing increasing demand. The strips are easy to use, affordable, and widely available over-the-counter without a prescription, thus boosting their adoption rate.
SWOT Analysis
Strength: Internal nasal dilators help increase airflow and breathing capacity by gently pulling back the nasal wall tissues to open the nasal passages. They provide temporary relief from nasal congestion.
Weakness: Continuous use may cause discomfort and irritation to some users. Their effectiveness depends on proper fitting and wearing.
Opportunity: Rising prevalence of respiratory disorders like asthma and allergies is driving the demand. Growing awareness about benefits of nasal dilators in various activities like exercise and sleep is expanding the market.
Threats: Availability of alternative products like nasal sprays, drops and ointments pose competition. Changes required in daily routine of application can reduce compliance in some users.
Key Takeaways
The global Internal Nasal Dilators market is expected to witness high growth. Regional analysis related content comprises the North American region currently dominates the market and is expected to continue its dominant position over the forecast period. Rising cases of allergies and respiratory disorders along with increasing awareness about nasal dilators in the region is driving high adoption.
Key players related content comprises Key players operating in the Internal Nasal Dilators market are Becton, Dickinson and Company, Gerresheimer AG, Sharps Technology, Inc., Cardinal Health, lomMedical, MHC Medical Products, LLC, Sol-Millennium, UltiMed Inc., VOGT MEDICAL, Retractable Technologies, Inc., Dmcmedical, BIOCORP, Hindustan Syringes & Medical Devices Ltd, Owen Mumford Ltd., B. Braun SE, Terumo Europe NV, Smiths Group plc, Merit Medical Systems, Nipro Corporation, GPC Medical Ltd., AdvaCare Pharma. Leading players are focusing on new product launches, partnerships and marketing campaigns to strengthen their footprint in the market.
*Note:
- Source: Coherent Market Insights, Public sources, Desk research
- We have leveraged AI tools to mine information and compile it
