Request FREE sample PDF
Pharmacy benefit management market
NASAL ASPIRATORS MARKET REPORT OVERVIEW
The global nasal aspirators market size was USD 107.6 million in 2020 and will touch USD 136.2 million by 2026, exhibiting a CAGR of 4.0% during the forecast period.
A nasal aspirator is extensively designed to suck excessive mucus and fluids from the child’s nose and can be used for baby’s and adults both who are having runny nose. It provides comfort by sucking extra fluid and provides instant relief in breathing of patients suffering from chronic allergies or bronchial asthma.
The nasal aspirators market is seeking growth due to increased demand because of rising allergies and respiratory problems. Increasing birth rate in developing countries also boosting the market growth. Manufacturers are developing innovative technologies in nasal aspirator for extensive use leading market expansion.
COVID-19 Impact: Market Growth Increased by Pandemic due to Rising Demand for the Product in Health Sector
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.
Customers are becoming The COVID pandemic leads to increase the nasal aspirator market due to increasing in demand for the supply and demand from the healthcare industry. Nasal aspirator is usable at home to get rid of any breathing issues or any respiratory allergies. The instability of pandemic stock market has increased people’s interest in in trading and investing platforms. The covid 19 outbreak lead a negative impact on the nasal aspirator due to its significant impact on supply chain. Lack of skilled labor and cancellations of planned projects due to partial shutdown across the world. However, recent technological advancements leading expansion of nasal aspirator.
LATEST TRENDS
"Increasing Research and Product Development Leading Market Expansion "
Increasing awareness among doctors and inmates about the benefits and availability of the devices is driving market growth. This offers favorable opportunities for nasal aspirators market growth. Additionally, increasing consumer awareness of nasal aspirators during the forecast period will also drive demand and disposable income, which has improved their lifestyles and led to better healthcare services such as easy availability of advanced medical devices including nasal aspirators.
NASAL ASPIRATORS MARKET SEGMENTATION
- By Type
Based on type the global market can be categorized into Electric Nasal Aspirator, Manual Nasal Aspirator.
An electric nasal aspirator is supplied with electric motor, used to suck and to remove mucus and other materials from the nostrils. This process can be done without stuffing anything into the baby's nostrils.
The manual nasal aspirator is provided with a squeezable rubber syringe which help remove mucus and fluids from your child's nose. It has an ergonomic handle that you have to press for suction. Doctors recommend this device for babies who are old enough (at least six months) to be able to hold their breath by pressing the device repeatedly until all secretions come out of the nose without difficulty.
- By Application
Based on application the global market can be categorized into Pediatric, Adult.
A nasal aspirator is a device that helps remove stuffy nose, runny nose and excess mucus from a nose. It provides comfort, reducing discomfort for children with breathing problems such as colds or allergies, as it removes all excess fluid due to its stylized design without causing pain or stress to children.
A nasal aspirator helps remove excess mucus from your nose when you have a cold or allergies. It provides relief by removing all excess fluid without causing pain, discomfort or stress to adults because it is designed with minimal suction power, creating a gentle suction compared to other types of nasal aspirators, including electric ones.
DRIVING FACTORS
"Increasing Birth Rate Worldwide to drive the Market Growth "
The driving growth of the nasal aspirator market is driven by immediate relief announced by the nasal aspirator Factors such as increasing disposable incomes and changing lifestyles additionally, the market will be positively during the forecast period. The easy use and handling of the baby's nose is beneficial for the market growth of the product. Using the device eliminates the need to visit a doctor, which contributes to the nasal aspirators market growth. Mucus entering the baby's nose reduces the quality of sleep, so it is necessary to use a nasal aspirator, which contributes to the growth of the market.
"Parents and Pediatricians Increased Preference to propel the Market Growth "
The nasal aspirator market is driven by the lack of devices on the market to remove nasal mucus from a baby's nose. The market is further helped by the ease of the product for the above purpose as it does not require medication to provide relief to babies, especially infants. Parents and pediatricians prefer to use nasal aspirators, which is driving the nasal aspirators market growth.
RESTRAINING FACTORS
"Limited Durability and Longevity to Potentially Impede Market Growth"
Lack of testing kits and lack of state-of-the-art therapeutic amenities in emerging markets are likely to drive growth in mask constraints in the nasal aspirate testing market. However, the market may face obstacles because repeated use of the device can cause swelling of the membrane inside the nostrils.
NASAL ASPIRATORS MARKET REGIONAL INSIGHTS
"North America to Dominate the Market due to Presence of a Large Consumer Base"
The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.
North America is expected to dominate the nasal aspirators market share in terms of revenue, as it is one of the largest markets in the world for nasal aspirators used in home and healthcare industry such as hospitals or clinics, adults and children need them regularly to clear runny noses during flu season. Nasal aspirators can also use in the home environment for babies and young children who have colds.
KEY INDUSTRY PLAYERS
"Key Industry Players Shaping the Market through Innovation and Market Expansion"
The nasal aspirators market is significantly influenced by key industry players that play a pivotal role in driving market dynamics and shaping consumer preferences. These key players possess extensive retail networks and online platforms, providing consumers with easy access to a wide variety of options. Their strong global presence and brand recognition have contributed to increased consumer trust and loyalty, driving product adoption. Moreover, these industry giants continually invest in research and development, introducing innovative designs, materials, and smart features, catering to evolving consumer needs and preferences. The collective efforts of these major players significantly impact the competitive landscape and future trajectory of the market.
List of Market Players Profiled
- NoseFrida (Sweden)
- NUK (Germany)
- Pigeon (Japan)
- AviTA (U.K.)
- NeilMed (U.S.)
- Graco (U.S.)
- Beaba (France)
- B.Well Swiss AG (Switzerland)
- Magnifeko (U.S.)
- Rumble Tuff (U.S.)
- Nu-beca & maxcellent (Taiwan)
- Albert Hohlkorper (Germany)
- Bremed (U.K.)
- Flaem Nuova (Italy)
- Visiomed (France)
INDUSTRIAL DEVELOPMENT
June 2021: Apotex Inc. has launched a new version of Dymista, a nasal spray used to treat allergic rhinitis.
REPORT COVERAGE
The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.
The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 107.6 Million in 2020 |
Market Size Value By |
US$ 136.2 Million by 2026 |
Growth Rate |
CAGR of 4% from 2020 to 2026 |
Forecast Period |
2022-2026 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Types & Application |
Frequently Asked Questions
-
What value is the nasal aspirators market expected to touch by 2026?
The nasal aspirators market is expected to reach USD 136.2 million by 2026.
-
What CAGR is the nasal aspirators market expected to exhibit by 2026?
The nasal aspirators market is expected to exhibit a CAGR of 4.0% by 2026.
-
Which are the driving factors of the nasal aspirators market?
Increasing birth rate worldwide, and parents and pediatricians are increasingly preferring this device are some of the driving factors of the nasal aspirators market.
-
What are the nasal aspirators market segments?
The nasal aspirators market segmentation that you should be aware of, which include, Based on type the nasal aspirators market is classified as Electric Nasal Aspirator, Manual Nasal Aspirator. Based on application the nasal aspirators market is classified as Pediatric, Adult.