INTERNAL NASAL DILATORS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Market News

Recent Developments:

New Offering By Market Players:

• Rhinomed Limited, a global medical device company, offers Turbine, an internal nasal dilator, in its product portfolio, which is a next-generation nasal dilator for improved breathing and exercise performance.
• Splintek, Inc., a medical device manufacturing company, offers the EZ-Open nasal dilator, featuring stronger support and opening action for clear nasal breathing.
• Sanostec, a developer and manufacturer of novel nasal devices, offers SANOSTEAM Airmax Pro, an advanced nasal dilator to relieve nasal congestion and respiratory conditions.

Prevalence of various sleep disorders such as snoring, sleep apnea and others

• On March 16, 2023, according to a report published by the National Center for Biotechnology Information, snoring is most commonly caused by a partial blockage in the upper airway, which in turn makes the soft palate and other tissues in the throat, nose, and mouth vibrate. While, according to the study conducted in March 2022, approximately 44% of male respondents reported snoring compared to one-third of female respondents, older respondents were most likely to snore, with 77% of 55- to 64-year-olds admitting to snoring, compared to 41% of 18- to 24-year-olds in the U.S.
• In June 2022, according to a report published by the National Center for Biotechnology Information, global estimates using five or more events per hour suggest rates of 936 million people worldwide with mild to severe OSA (obstructive sleep apnea) and 425 million people worldwide with moderate to severe OSA in the year 2021.
• In May 2021, a survey conducted by Harris on Demand, an online survey platform, reported that chronic nasal congestion is a common problem among U.S. adults, with nearly 1 in 4 experiencing it every day and 85% reporting the congestion negatively impacting their daily activities every year.
• Furthermore, from the same source above, approximately 90% of people in the survey reported aspects of their daily lives are negatively affected when they experience chronic nasal congestion, including their ability to get a good night’s sleep (60%), smell or properly taste food (48%), or enjoy outdoor activities (33%).