COVID-19 Pandemic is Expected to Have a Positive Impact
The COVID-19 pandemic has caused a serious burden on the healthcare facilities in numerous countries. Coronavirus infection has affected numerous individuals on earth, and government bodies are increasingly studying the methods for reducing the risk of infections through preventive measures. Studies are also being conducted regarding the effectiveness of nasal irrigation on the viral load in nasal cavities, which in turn can help in the reduction of COVID-19 cases. Healthcare professionals believe that the inclusion of saline nasal lavage systems, coupled with ethanol based nasal lavages have the potential to reduce the spread of respiratory illnesses such as the COVID-19 disease. Individuals have also started using nasal lavage products to enhance nasal cleanliness. Hence, the pandemic is expected to have a positive impact on the global nasal lavage market.
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Adults Accounted for the Highest Market Share in 2020
Absolute Markets Insights report that the adults’ demography segment accounted for the highest revenue share in the global nasal lavage market in 2020. The higher revenue is due to the lesser risks associated with the operation of nasal irrigation products in adults, as compared to kids and babies. Furthermore, the instances of sinus related issues are also on the higher side in adults. Based on the data from the U.S. Department of Health & Human Services, around 11.6% of the adult population in the U.S. has sinusitis, and the number of physician visits as a result of chronic sinusitis is around 4.1 million. Products which can be used easily to flush out excess mucus formation in the nasal cavity is on the rise, and adults are increasingly relying on these to reduce the impact of various respiratory illness. These factors ensure that adults have contributed for the greater share of the revenue in the global nasal lavage market.
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Asia Pacific Region to Show the Highest Growth Rate During the Forecast Years (2021-2029)
Based on Absolute Markets Insights' estimates, the Asia Pacific region is expected to grow at the fastest rate (CAGR) during the forecast years in the global nasal lavage market. The market is seeing a rise in companies that are offering nasal lavage products, especially in countries such as India, China and Australia, amongst others. Furthermore, there is a growth in the number of individuals who are aware of these products, which in turn is leading to the greater adoption of nasal lavage products in the Asia Pacific region. The region was also greatly affected by the COVID-19 pandemic, and individuals have started incorporating nasal irrigation as a part of their daily routine to prevent the chance of acquiring the virus. Moreover, the market participants are able to meet more customers using online sales channels in the Asia Pacific region. The Asia Pacific nasal lavage market is also expected to the see the entry of new market participants, especially in India, Indonesia, China, amongst others, as a result of the growth in focus on indigenous medical product manufacturing in these countries.
Competitive Landscape:
Some of key players operating in the global nasal lavage market are Air Liquide Medical Systems, Bayer, BeWell Health, LLC, GlaxoSmithKline plc., Health Solutions Medical Products Corporation, Medtronic, NEILMED PHARMACEUTICALS INC., RhinoSystems, Inc., The Alkalol Company, amongst others.
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Global Nasal Lavage Market
By Product
- Manual
- Electric
By Indication
- Allergies
- Rhinitis
- Sinusitis
- Nasal polyposis
- Adenoiditis
- Others
By Application
- Children
- Adults
By Distribution Channel
- Online
- Offline
By End Users
- Hospitals and Clinics
- Home Care
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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