The external nasal dilator market will register a CAGR of over 5% by 2023.
The growing awareness about external nasal dilators is one of the critical factors that will trigger the growth of the global external nasal dilator market during the forecast period. External nasal dilators are hassle-free, painless, and affordable devices for improving the breathing by unblocking the nasal airway passage. These dilators are useful in bringing about noticeable improvements in sleep quality, thereby helping in maintaining proper health and productivity.
It also leads to an increase in nasal ventilation, reduction in the nasal breathing effort, and delay in oral breathing onset, while performing physical exercises. External nasal dilators among high-level athletes increased, as they believed that dilators brought about performance improvements. Therefore, rising awareness about the efficiency of external nasal dilators in combating breathing issues positively impacts the growth of the global external nasal dilator market.
Easy availability of external nasal dilators through online platforms as OTC product
The demand and use of external nasal dilators are increasing owing to the growing awareness of their efficiency in treating sleep-disordered breathing problems. Moreover, the external nasal dilators are widely available in all popular online websites as over-the-counter (OTC) devices such as amazon.com and walmart.com.
Some examples of the product include Breathe Right by GlaxoSmithKline, Breathe Clear by HealthRight Products, and Equate Clear Nasal Strips by Walmart. Thus, easy availability has facilitated the sales of the external nasal dilators, thereby driving the global external nasal dilator market.
Drawbacks related to external nasal dilators
The external nasal dilators are thin strips of plastic splints, which are covered with an adhesive bandage. The adhesive, when stuck to the nose, can cause minor skin irritations, which causes discomfort to the user. Also, the external nasal dilators are not reusable. There is also the probability of the external nasal dilator to slip out from its position on the nose during sleep. Another disadvantage is that the nasal dilators do not work for all conditions. For example, snoring issues arising from mouth and throat cannot be fully alleviated by using nasal dilators. Hence, such drawbacks pose a challenge to the global external nasal dilator market.
The market appears to be highly concentrated. The presence of several companies, including HealthRight Products LLC and Walmart Inc. makes the competitive environment quite intense. Factors such as the increasing air pollution and the growing awareness about external nasal dilators will provide significant growth opportunities to the external nasal dilator manufacturers.
GlaxoSmithKline Plc, HealthRight Products LLC, and Walmart Inc. are some of the major companies covered in this report.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
- Market segmentation by application
- Comparison by application
- Nasal congestion - Market size and forecast 2018-2023
- Snoring - Market size and forecast 2018-2023
- Others - Market size and forecast 2018-2023
- Market opportunity by application
PART 07: MARKET SEGMENTATION BY END-USER
- Market segmentation by end-user
- Comparison by end-user
- Adults - Market size and forecast 2018-2023
- Pediatrics - Market size and forecast 2018-2023
- Market opportunity by end-user
PART 08: CUSTOMER LANDSCAPE
PART 09: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- Asia - Market size and forecast 2018-2023
- ROW - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Increasing severity of OSA
- Prevalence of chronic nasal congestion causing sinusitis
- Huge growth potential in emerging economies
PART 13: VENDOR LANDSCAPE
- Landscape disruption
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- GlaxoSmithKline Plc
- HealthRight Products LLC
- Walmart Inc.
PART 15: APPENDIX
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