Internal nasal dilators are effective in treating nasal obstructions, snoring and related breathing disorders.

Internal nasal dilators are versatile medical devices placed internally inside the nose to treat nasal obstructions and snoring issues by expanding the nasal valves and improving nasal airflow and breathing. They provide a non-invasive solution for conditions like nasal septum deviation, enlarged turbinates or allergies and help open blocked nasal passages. Some key advantages include ease of use, affordability and bypassing the need for complex surgeries. Growing incidence of nasal breathing disorders worldwide owing to lifestyle changes, pollutions and allergens has increased the demand for nasal dilators in recent years.

The Global Internal Nasal Dilators Market is estimated to be valued at US$ 10.11 Bn in 2024 and is expected to exhibit a CAGR of 11% over the forecast period 2023 to 2030.

Key Takeaways

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. The demand for nasal dilators is growing due to increasing awareness about products, rising cases of nasal obstructions and growing preference for non-surgical treatment options. Key players are investing in advanced technologies to develop more effective and user-friendly nasal dilator designs.

Market Trends

Some key trends being witnessed in the internal nasal dilators market include growing popularity of silicone nasal dilators and development of innovations like disposable dilators, sensors integrated dilators etc. Manufacturers are focusing on developing multifunctional devices that can help with other issues like dry nose in addition to nasal obstruction. Increasing adoption of digital technologies is also enabling remote monitoring of patients using dilators.

Market Opportunities

The market is expected to gain further impetus due to growing awareness through online channels and focus on pediatric patients suffering from nasal disorders like deviated septum. Emerging economies with large patient pools also offer significant lucrative business opportunities. Further technological advancements in material sciences can facilitate development of advanced dilators addressing limitations of existing products.

Impact of COVID-19 on Internal Nasal Dilators Market growth

The COVID-19 pandemic has significantly impacted the growth of the internal nasal dilators market. During the initial phases of the pandemic in 2020, various restrictions like nationwide lockdowns and supply chain disruptions adversely affected the market. Manufacturing and elective procedures using internal nasal dilators were suspended to prioritize COVID care. This led to a decline in demand and sales for these dilators globally.

However, with the resumption of healthcare services and easing of lockdowns from mid-2020, the market has started recovering gradually. There is growing awareness among patients about breathing-related issues like deviated septum or nasal congestion experienced due to COVID infection. This is driving the demand for natural internal nasal dilators as a preventive measure. Manufacturers are also adjusting their supply chains and distribution channels to ensure seamless supplies. Telehealth and digital consultations have enabled continued access to healthcare during the pandemic.

Going forward, the focus on preventive healthcare and treatment of post-COVID breathing issues is expected to boost the internal nasal dilators market in the forecast period. Continuous innovations to develop more effective and comfortable dilators will further fuel the market growth. However, the recurring waves of COVID infections pose uncertainty and may impact the market again if severe restrictions are imposed. Overall, the long-term outlook for the internal nasal dilators market remains positive.

Geographical regions where Internal Nasal Dilators Market value is concentrated

North America represents the largest regional market for internal nasal dilators in terms of value sales. This is mainly attributed to the rising prevalence of nasal disorders like snoring, respiratory allergies, and sleep apnea in the US and Canada. Favorable reimbursement policies for dilator procedures and the availability of advanced products further support the market growth in the region.

Asia Pacific is identified as the fastest growing regional market for internal nasal dilators worldwide. Factors such as the growing health awareness, increasing healthcare expenditures, and rising discretionary incomes in developing countries like India and China are fueling the demand. Furthermore, strategic partnerships between global and regional players to expand access are aiding the market expansion across Asia Pacific.

Geographical region with the fastest growth for Internal Nasal Dilators Market

Asia Pacific is poised to witness the fastest growth in the internal nasal dilators market during the forecast period from 2023 to 2030. This can be attributed to various favorable factors like the rising burden of nasal disorders in Asia due to pollution, lifestyle changes and food habits. There is growing patient awareness about minimally invasive treatment options like dilators.

Furthermore, improving access to healthcare facilities mainly in India and China will support market growth. Healthcare infrastructure developments and increasing medical tourism are positively impacting the regional market. Leading global players are focusing on partnerships and production facilities in Asia to cater to the unmet needs. Favorable government initiatives to encourage local manufacturing will also aid market expansion.

The availability of affordable dilator products relative to mature markets and rising disposable incomes are other key growth drivers. Overall, Asia Pacific presents lucrative opportunities for internal nasal dilators market players due to strong economic growth, demographic shifts and enhanced access to care.