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Global Nasal Aspirators Market to Grow at a Healthy Pace During 2021-2026, Aided by the Rising Awareness of the Product Among the Consumers

According to a new report by EMR titled, ‘Global Nasal Aspirators Market Report and Forecast 2021-2026’, the global market for nasal aspirators to be aided by the nasal drug delivery market, which is expected to grow at a CAGR of 5.8% in the forecast period of 2021-2026 and reach a value of USD 64.65 billion by 2026.

The global market for nasal aspirators is being driven by the quality of effectiveness of the nasal aspirators. The increasing awareness about the nasal aspirators is most likely to facilitate the growth in demand for nasal aspirators. The product is also rising in popularity as it is more hygienic, efficient, and comfortable as compared to the rubber suction bulbs that were earlier used to deal with a baby’s stuffed nose. For example, the BBG nasal aspirator developed by Koninklijke Philips N.V. alongside Miami Children’s Hospital, is an efficient as well as non-invasive suction of the nasal cavity.

E-commerce giants such as Amazon (NASDAQ: AMZN) and eBay (NASDAQ: EBAY) are also responsible for pushing the market demand by spreading awareness about the product and making them accessible, therefore, helping promote the sales in the market. The recent coronavirus pandemic has challenged several countries across the world with problems related to the import and export of nasal aspirators, therefore affecting the global nasal aspirators industry negatively. However, the heightened health awareness and rising hygiene awareness, along with healthcare products being marked as essential globally, the market is expected to witness a stable demand even during the pandemic.

Geographically, the North American and the European regions are returning to their pre-COVID-19 level of production, recovering from the downfall significantly faster. Amidst the coronavirus pandemic, the Asia Pacific is another sector, which is witnessing a promising growth, specially from countries like India and China. Europe and the Middle East and Africa are expected to showcase a relatively moderate growth during the forecast period. The growth across the regions is being aided by the growing adaptability of new products among the consumers.

Market Breakup by Type, Operation of Use, Application, and Region:

  • By type, the industry is segmented into bulb nasal aspirators and human suction nasal aspirators.
  • The market segmentation on the basis of end use is electric and manual.
  • The market is divided on the basis of applications into adult, paediatric, and others.
  • Region-wise, the global market for nasal aspirators can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The market is being driven by the quality of instant relief achieved by the nasal aspirators.
  • The rapid urbanisation and industrialisation, along with increasing disposable incomes, are also facilitating the global market growth.
  • The increasing demand of the product due to its effectiveness and easy handling will also aid the global market demand for nasal aspirators in the forecast period.
  • The growing use of nasal aspirators in the medical industry is further projected to drive the growth of the demand in the market.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for nasal aspirators for the periods (2016-2020) and (2021-2026). 
  • The report also offers historical (2016-2020) and forecast (2021-2026) market information for the types, operations of use, applications, and regional markets of nasal aspirators.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global nasal aspirators market include AViTA Corporation, ALBERT Hohlkorper GmbH & Co. KG, Koninklijke Philips N.V., B. Well Swiss AG, and Narang Medical Limited, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

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