July 27, 2024

The Global Internal Nasal Dilators Market is estimated to flourish by growing prevalence of respiratory disorders


The Internal Nasal Dilators market is in trends by addressing sleep-related breathing disorders. Internal nasal dilators are adhesive strips or tubes worn inside the nose to keep the nasal passages open for better airflow and breathing. They work by gently expanding the sides of the nose to prevent nasal walls and soft tissues from collapsing during inhaling. Nasal congestion is a common symptom of various respiratory conditions like snoring, sleep apnea, asthma, and allergies. Internal nasal dilators effectively relieve nasal congestion and improve breathing by widening the nasal valve areas.

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: Key players operating in the Internal Nasal Dilators market include 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.

Growing demand: The growing prevalence of respiratory disorders like sleep apnea and increased awareness about managing breathing problems during sleep are fueling demand for internal nasal dilators. Rapid urbanization, increasing pollution levels, and changing lifestyles have led to a rise in nasal congestion and breathing issues.

Global expansion: Key players in the internal nasal dilators market are focusing on geographical expansion strategies to strengthen their global presence. Many local startups are also emerging in developing regions. Manufacturers are investing in R&D to develop new product variants with improved designs, adhesive compositions, and performance.

Market key trends
The key trend in the internal nasal dilators market is the growing adoption of drug-free and non-surgical solutions for respiratory disorders. With increasing health awareness, people are preferring convenient lifestyle solutions over medications to relieve nasal congestion symptoms. Manufacturers are developing next-gen internal nasal dilators featuring advanced biomaterials, intuitive shapes, and longer efficacy. The availability of small, lightweight nasal dilators designed for both adult and pediatric usage has also increased their acceptability.

Porter’s Analysis

Threat of new entrants: Low to medium as there are regulations involved but technology can lower the entry barriers.

Bargaining power of buyers: Medium as there are several established brands to choose from.

Bargaining power of suppliers: Low as raw materials are easily available.

Threat of new substitutes: Low as nasal dilators are an established category with advantages over alternatives.

Competitive rivalry: High as the market is fragmented with many global and local brands competing on price and product differentiation.

Geographical Regions

North America holds the largest share of the internal nasal dilators market due to high awareness levels, growing obese population and sleep disorders. Rising insurance coverage for sleep disorders in the US and Canada is fuelling demand.

Asia Pacific is the fastest growing region for the internal nasal dilators market driven by growing medical tourism in countries like India, high pollution levels resulting in nasal congestion issues and increasing healthcare investments from governments as well as private players in emerging economies.

Geographical Regions

The internal nasal dilators market in terms of value is most concentrated in developed regions of North America and Europe due to strong distribution networks of leading players, availability of advanced products and higher spending on healthcare. The United States represents the single largest market globally.

However, Asia Pacific excluding Japan represents the fastest growing region for the internal nasal dilators market moving forward till 2030. This is attributed to growing health awareness, rise of medical tourism destinations like Thailand, growing obese population in China and India as well as expansion strategies of global industry players seeking to tap emerging markets opportunities.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it