Overview:
Epistaxis is commonly known as nosebleed and it is caused because of rupture of small blood vessel in the nose lining. As the interior of nose lining is a highly sensitive and delicate part, it cannot bear certain factors making the cells prone to bursting, which results into bleeding. Nose bleed are commonly observed during cold season, the risk of respiratory infections are mostly high in winter. Epistaxis is commonly treated with electrical or chemical cautery, which is an easy, low-cost method that does not pose any severe risks. In this procedure, using silver nitrate or mild electric shocks, a small tissue at the bleeding site is burnt or removed.
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The global epistaxis market is estimated to be valued at US$ 145.9 million in 2019 and is expected to witness a CAGR of 5.4% over the forecast period (2019–2027).
Drivers:
Rise in the number of cases of nosebleeds is expected to boost growth of the global epistaxis market. For instance, in 2015, as per the study released in International Journal of Otolaryngology, 10-12% of global population is affected by epistaxis, causing the need of medical care to 80% of the patients.
Major players in the market are focusing on R&D for technological development and innovations of epistaxis products. Frequent launch of these novel products is expected to propel growth of the global epistaxis market. For instance, in 2016, Smith & Nephew announced the launch of series of epistaxis devices with RAPID RHINO technology having a blend of carboxymethylcellulose (CMC).
Restraints:
Side effects such as swelling, running nose and pain caused by the surgical procedure like cauterization, which is used for treating epistaxis is expected to hamper growth of the epistaxis market through the forecast period.
Regional analysis:
The global epistaxis market is regionally divided into North America, Europe, Latin America, Middle East, Africa, and Asia Pacific.
Among regions, North America is expected to witness a strong growth in the epistaxis market during the forecast period due to rising cases of diabetes in the region. For instance, in 2015, as per the Centers for Disease Control and Prevention, diabetes affected around 30.3 million people, accounting for 9.4% of overall population in the U.S.
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Moreover, Asia Pacific is witnessing robust growth in the epistaxis market due to rise in the number of hypertension cases. For instance, in 2016, as per the report of global burden of disease, hypertension caused 1.63 million deaths in India.
Major players:
Major players active in the global epistaxis market are Medline Industries, Inc., Ciron Drugs, Smith & Nephew, Bristol-Myers Squibb Pharma Company, and King Pharmaceuticals, Inc.
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• Current and future of global Epistaxis Market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
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Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Indication
- Market Snippet, By Product Type
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Industry Trend
- Mergers and Acquisitions
- Technology Overview
- Regulatory Scenario
- Epidemiology
- New Product Approvals/Launches
- PEST Analysis
- Market Dynamics
- Global Epistaxis Market, By Indication, 2016 – 2027, (US$ Million)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Anterior Epistaxis
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Posterior Epistaxis
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Introduction
- Global Epistaxis Market, By Product Type, 2016 – 2027, (US$ Million)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Vasoconstrictors
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Anesthetics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Antibiotic Ointments
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Cauterizing Agents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Introduction
- Global Epistaxis Market, By Distribution Channel, 2016 – 2027 (US$ Million)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Hospital Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Retail Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Online Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Introduction
- Global Epistaxis Market, By Region, 2016 – 2027 (US$ Million)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Regional Trends
- North America
- Market Size and Forecast, By Indication, 2016 – 2027, (US$ Million)
- Market Size and Forecast, By Product Type , 2016 – 2027, (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2016 – 2027, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Million)
- U.S.
- Canada
- Europe
- Market Size and Forecast, By Indication, 2016 – 2027, (US$ Million)
- Market Size and Forecast, By Product Type , 2016 – 2027, (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2016 – 2027, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Million)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, By Indication, 2016 – 2027, (US$ Million)
- Market Size and Forecast, By Product Type , 2016 – 2027, (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2016 – 2027, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Million)
- China
- Japan
- India
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast, By Indication, 2016 – 2027, (US$ Million)
- Market Size and Forecast, By Product Type , 2016 – 2027, (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2016 – 2027, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Million)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East
- Market Size and Forecast, By Indication, 2016 – 2027, (US$ Million)
- Market Size and Forecast, By Product Type , 2016 – 2027, (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2016 – 2027, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Million)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast, By Indication, 2016 – 2027, (US$ Million)
- Market Size and Forecast, By Product Type , 2016 – 2027, (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2016 – 2027, (US$ Million)
- Market Size and Forecast, By Country/Region, 2016 – 2027, (US$ Million)
- North Africa
- Central Africa
- South Africa
- Introduction
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