According to FutureWise analysis the market for absorbable nasal implant devices in 2023 is US$ 0.62 billion, and is expected to reach US$ 1.09 billion by 2031 at a CAGR of 7.20%.
An absorbable implant is a non-intrusive technology to care for nasal cartilage and mend breathing problems. These types of implants are vital advancements for nasal obstruction patients wherein septum and turbinates treatment methods are not sufficient. For patients who have endured rhinoplasty, implants are generally preferred for them as there are chances of the very least probability of a narrow-looking nose.
The nasal implants, which are absorbable in nature, are required to treat nasal obstructions or blockages and enable healthier breathing and sound sleep for the patient. The obstructions of the nasal airway are due to many factors, like enlarged turbinates’, septal deviation, and weakened upper and lower lateral cartilage of the nasal wall, leading to the collapse of the nasal valve, which is known as vestibular stenosis. The symptom of this problem is the inability to breathe properly from one or both nostrils or congestion and stuffiness. Vestibular stenosis or nasal valve collapse (NVC) adds almost 80% of the overall airway resistance. Almost 3 Mn Americans make a visit to their physician for obstruction in the nasal airways, and approximately 1 Mn methods are done to assuage the symptoms.
FutureWise Market Research has published a report that provides an insightful analysis of absorbable nasal implant devices market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. According to the analysis conducted by FutureWise research analysts, the absorbable nasal implant devices market is estimated to register a considerable growth rate over the forecast period. This report lists the market segments and potential prospects available across this industry, in addition providing crucial information on the total valuation currently held by the industry. Moreover, this report will assist key management individuals in an organisation to enhance their decisions pertaining to business expansion as well as strategic changes for increasing customer base.