QY Research has introduced a new report on the global internal nasal dilators market, which is titled “Global Internal Nasal Dilators Market Research Report 2018.” Besides a study on market dynamics, the report provides in-depth analysis of key sustainability strategies implemented by players and their impact on the market competition. According to the research analysts, the global internal nasal dilators market could expand at a 9.6% CAGR between 2018 and 2025. By the end of 2025, it is anticipated to touch a valuation of US$ 22.0 Mn, increasing from a US$ 10.0 Mn earned in 2017.
In 2017, the global internal nasal dilators market achieved actual sales of approximately 763 K Unit. Prices of internal nasal dilators are expected to follow a declining trend in the next few years. In 2013, the global average price was US$ 14.03/Unit. However, it decreased to US$ 13.72/Unit in 2017.
Global Internal Nasal Dilators Market: Drivers and Restraints
Increasing patient complaints of obstructive sleep apnea, snoring, breathing problems during sleep, and blocked nose are envisaged to stoke the demand for internal nasal dilators. Products made from surgical grade silicone could gain traction in the global internal nasal dilators market owing to the comfort they offer and the ease of keeping them free from bacteria.
Availability of products in multiple sizes could be another factor pushing the growth of the global internal nasal dilators market.
Internal nasal dilators could be preferred over other snoring remedies due to their various advantages such as less side effects, sustained effectiveness, non-invasiveness, instantaneous relief, and non-medicated nature of treatment.
However, some internal nasal dilators could cause withdrawal sensation, stinging sensation, and nosebleeds. This is predicted to slightly hamper the demand in the global internal nasal dilators market.
Global Internal Nasal Dilators Market: Forecast by Application and Type
The authors of the report have classified the global internal nasal dilators market into chronic stuffy nose, sinusitis, deviated septum, sleep apnea, snoring, and other segments by application. Among these applications, snoring bagged the most prominent share of the market, i.e. 47.5% in 2017.
By type, the global internal nasal dilators market is divided into polymer + alloy and polymer. Amongst the two, polymer was the largest application of internal nasal dilators, which held a share of 87.0% in 2017. However, this share was following a declining trend since 2013.
Global Internal Nasal Dilators Market: Forecast by Region
Among all other regions studied in the report, North America is prognosticated to rank higher in the global internal nasal dilators market on the basis of consumption. In 2017, it collected a consumption share of 36.4%. In the same year, Europe held a consumption share of 33.0% to take the second position in the global internal nasal dilators market.
Global Internal Nasal Dilators Market: Key Players
RespiFacile, Nasanita, McKeon Products, Inc., Splintek, Inc., SANOSTEC CORP, SnoreCare, and Rhinomed Limited are the leading players operating in the global internal nasal dilators market. They have secured a position of strength in the market on the back of premier customers and key patents and technologies.
The competition in the global internal nasal dilators market is not intense.
Full Report Overview@https://www.qyresearch.com/index/detail/558330/global-internal-nasal-dilators-market