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Healthcare and Pharmaceuticals

Global Nasal Aspirators Market Repo...

Historical and Forecast Market Trends

2018-34

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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.

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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 (2018-2023) and (2024-2032).
  • The report also offers historical (2018-2023) and forecast (2024-2032) 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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