Growing prevalence of hypertension is expected to impact the global epistaxis market. Instances of dry mucous membrane attributed to extreme weather conditions will continue to rev up demand for epistaxis products globally. This Fact.MR report analyzes the expansion of global epistaxis market till date, and provides key insights on the growth of the market during the forecast period, 2017-2026.
Ever since the introduction of nasal endoscopy into the field of otorhinolaryngology, paradigm of treatment for various cases of serious epistaxis has shifted towards precise and early identification of the bleeding site. Though severe epistaxis is said to arise from posterior bleeding, an arterial vascular pedicle in the nasal septum’s superior portion has frequently been observed.
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Both systemic and local conditions play their part in epistaxis. Mucosal trauma from topical nasal drugs have resulted in minor epistaxis. On the other hand, the use of illicit nasal drugs have led to the prevalence of epistaxis. As such, nasal bones, trauma and septum have contributed to the growth of epistaxis. In addition, nasal mucosa’s dehumidification underlies the soaring cases of nosebleeds during the winter months.
The Fact.MR report provides segment-wise analysis and forecast for covering the wide scope of global epistaxis market. Product type, distribution channel, indication, and region are key segments that define the growth of the global market for epistaxis. In this segmentation analysis, a detailed country-wise forecast across all key market parameters is also included.
Based on distribution channel, the retail pharmacies segment is expected to generate significant revenues, accounting for a value of nearly US$ 20 Mn by the end of 2017. However, the specialty clinics distribution channel segment is expected to register a robust CAGR through 2026.
By indication, the anterior segment is expected to represent a robust revenue growth, recording a value of nearly US$ 80 Mn by the end of 2026. In contrary, the posterior indication segment is expected to register a healthy CAGR throughout the forecast period.
Manufacturers are eagerly indulging on developing epistaxis products which help to enhance performance and result. The innovation in the epistaxis products has paved way to sophisticated and efficacious advanced treatment procedures. The innovative treatment procedures incorporating surgical and non-surgical interventional procedure have been gaining traction. Topical vasoconstrictors, digital pressure, cauterization and packing are some of the treatments widely adopted.
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Endoscopic litigation of maxillary, nasal cauterization, sphenopaletine artery and artery litigation are a few of the innovative treatments encompassing surgical intervention. In addition, investment in research and development activities have soared for the development of epistaxis products aimed at treating patients with medical conditions such as pregnancy, asthma, cancer and diabetes. These aspects are anticipated to be a catalyst in the growth of epistaxis market.
Epistaxis Market: Overview
The report offers a coherent analysis on the epistaxis market for the forecast period 2018-2026. Further, the report also shed light on dynamics of the market, including drivers, trends, restraints and opportunities. Besides, the report delves into the segmentation of the market which is aimed at providing readers with an in-depth view of the market.
The report on epistaxis delves into supply chain and cost structure to provide a robust view of the epistaxis market. The report also includes disease epidemiology and product lifecycle analysis. Furthermore, PESTLE analysis offers an in-depth view of epistaxis in the global market. The report also includes a comprehensive assessment on the basis of average pricing analysis.
The market for epistaxis adopts supply-demand approach to provide a holistic picture of the market. In-house panel of experts have thoroughly analyzed the research sources, including secondary sources and primary sources. Revenue comparison, market share comparison and Y-o-Y growth comparison on the geography lead to the market size of the epistaxis. The growth of manufacturers in the historical and forecast period are estimated to assist the readers with investment decisions.
Epistaxis Market: Competitive Landscape
Pre-eminent players being instrumental for the growth of the epistaxis market are assessed and profiled in this report. The report also includes company share analysis to provide a clear picture of the epistaxis market. The competitive scenario also sheds light on financial overview, company overview, product offering, strategies, recent development and key differentiators. Furthermore, the report encompasses SWOT analysis to present an overall picture of the competitive landscape of the epistaxis market.
Leading market players operating on the global epistaxis market include Bristol-Myers Squibb Company, Ciron Drugs & Pharmaceuticals Pvt. Ltd., Pfizer Inc., Medline Industries, Inc., Smith & Nephew, GlaxoSmithKline PLC and Ferring B.V.
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Epistaxis Market: Innovative Surgeries to Underscore Lucrative Growth Opportunities
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