Expanding Snoring Is Fastest Growing Segment Fueling The Growth Of Internal Nasal Dilators Market
Internal Nasal Dilators Market |
The global Internal Nasal Dilators Market is estimated to be valued at US$ 2.3 Bn 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 strips or device that are worn inside the nose to breath more easily by widening the nasal valve and airflow and reduce snoring and sleep apnea. They provide a comfortable solution for respiratory concerns without drugs or surgery.
Market key trends:
One of the key trends in the internal nasal dilators market is increasing demand for expandable dilators that uses bi-directional memory alloys to gently stretch and expand the nasal passageway for all-night breathing comfort. These types of nasal dilators don’t require readjustment during sleep and can effectively treat snoring problems. They have memory metal technology that stays securely in place throughout the night without slipping. The metal flexes to maintain dilation even during sleep positioning changes. These innovative dilators are fueling stronger market growth.
Segment Analysis
The global internal nasal dilators market is segmented based on product type, application, and end user. By product type, the market is classified into nasal cones, nasal dilators, nasal strips/tapes. Nasal strips/tapes segment currently dominates the market due to its easy availability, affordability and effectiveness in keeping the nasal airways open.
Key Takeaways
Market size
The Global Internal Nasal Dilators Market Demand is expected to witness high growth, exhibiting CAGR of 7.4% over the forecast period, due to increasing prevalence of respiratory disorders such as snoring, cold, allergies and sinusitis.
Regional analysis
North America currently dominates the global internal nasal dilators market due to growing demand for enhanced treatment of sleep disorders. Asia Pacific is expected to be the fastest growing market due to rising healthcare expenditure and increasing awareness.
Key players
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. GlaxoSmithKline plc currently dominates the market due to its robust supply chain and diverse product offerings.
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