The Global Ear and Nasal Packing Market is accounted to reach USD 257.32 million by 2024 from USD 168.14 million in 2016,it is growing at a CAGR of 5.6%.
The major factors driving the market are growth in the aging population and rise in the healthcare expenditure of North America soft tissue repair market. The soft tissue repair market in the North America region is leading in U.S.
The key market players for Global Ear and Nasal Packing Market are listed below:
â€¢ Stryker and Smith
â€¢ Summit Medical Group,
â€¢ Entellus Medical, Inc.,
â€¢ Olympus Corporation,
â€¢ Network Medical Products Ltd.,
â€¢ Lohmann and Rauscher GmbH and Co. KG
â€¢ DCC plc
The market is further segmented into:
â€¢ End User
The global ear and nasal packing market is segmented on the basis of type, material, end user and distribution channel. On the basis of product type, global ear and nasal packing market is segmented into nasal packing and ear packing
On the basis of material, global ear and nasal packing market is segmented into bioresorbable and non-absorbable. In 2017, bioresorbable segment is expected to dominate the global ear and nasal packing's market with 69.9% market share and is expected to reach USD 184.44 million by 2024, with the highest CAGR of 5.9% in the forecast period 2017 to 2024.
On the basis of end user, the ear and nasal packing market is segmented into hospital, clinics, ambulatory centers and others. In 2017, hospital segment is expected to dominate the market, expected to reach USD XX million by 2024, growing at the highest CAGR of 6.2% in the forecast period.
On the basis of distribution channel, the ear and nasal packing market is segmented into direct tenders and over the counter. The direct tender is expected to dominate the global ear and nasal packing market with 65.2% market share, growing at the highest CAGR 6.0% in the forecast period 2017 to 2024.
Based on geography, the Global Ear and Nasal Packing market is segmented into geographical regions, such as,
â€¢ North America,
â€¢ South America,
â€¢ Middle East
Covered in this report
The report covers the present scenario and the growth prospects of the Global Ear and Nasal Packing market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UCandC) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.
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Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
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